My trade is still open. Getting close to stop but still open. * EUR/USD sell @1.214 * Stop @ 1.314 * Leverage 200:1 * 10K ($50.00) *...
"Forex Made Easy, 6 ways to trade the dollar" by James Dicks. Hardcover published by McGraw-Hill (2004)
I predict that the EUR/USD will hit 1.1950, or less, in 5 days. The EU is falling apart and people will look to the US for answers, and buy the...
Forex is un-regulated. And as far as getting bad advice from a "Forex Advisor" don't worry, go with your gut and make your own decisions. Since...
During the EUR 1220pip plunge of the last few months there has been a few bounces of well over 100pips. Since this is the trend I might change my...
thanks dally25, from my few trades with Forex thats what I figured with the EUR/USD.
Good point, I never thought of it that way. My profit would be also 50 -100 pips and time frame 1 day. Trade is based on 1 week trend. Leverage...
When I first started trading Forex I would go with a 12 pip stop loss. I learned very fast this is no good so I now go with 50 - 100 pips on the...
The US dollar should be valued more than the EUR. I can see the EUR dropping past 1.000. What problems does the US have?
I set my stop too tight on this trade. Got stopped out too early. EUR/USD at 1.2213 at this time.
Today (thursday) at 7pm EST I opened up the following position: * EUR/USD sell at 1.2264 * stop at 1.2314 (50 pips) * trailing stop set...
5 pips with Refcofx. I don't see a problem with that, whats an extra 2 pips over the EUR/USD? If you are right with the direction 2 pips is squat.
Ok...thanks Maxprofit$. When I see EUR - JPY I assume long the base currency (EUR) and short the second currency (JPY)
I'm 95% sure below is what you mean. buy AUD - sell CAD buy EUR - sell JPY buy GBP - sell CHF
With Refcofx maximum loss is your un-used margin without stops. In your example if your account has a balance of $1000.00 maximum loss is...
After doing a quick check the most volitile time for the EUR/USD is at 8am EST. 50 to 100 pip moves from 8 - 9am EST seem to happen at that...
I assume I'm "the other guy"? If so what I say about Refcofx accounts and margin calls is 100% correct. I trade a live account. A 150K...
Yes that is correct, with Recofx mini-accounts. I don't know how it is with other brokers. Also you can only trade at 1 margin level per...
With Refco Forex accounts the maximum loss is what you have left in un-used margin. So always use stops on all orders. Example: * You...
Yahoo USD/CAD quotes. Bid :1.2354 Ask: 1.2357 Refcofx USD/CAD live account quotes. Bid: 1.2346 Ask: 1.2351
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