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FOREX FOR DUMMIES, !!!Guidelines and Advice for newbies!!!
Hawk
post Jul 26 2005, 10:05 AM
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QUOTE(IMSGold @ Jul 26 2005, 05:43 PM)
I'm using this system with the Daily info I get from SAFe as well. The two combined actually work well together. I have made 6 trades and all have been profitable, especially if you use the buy and sell signals on the Hourly Chart.

From what I have learned the best way to trade on the Forex is by using a system and not your own personal feelings.

Great system and a good way to earn PIPS.
Tyler
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Your doing well IMSGold smile.gif
Eliminating feelings = Emotionless = Profits
Using the fxwizard strategy along with a good signal service can be profitable smile.gif. I've been using it for a while now and i have to say the 1 hr chart is the best one for the concept. I would also advice u to try putting in Stochastics, rsi and Denapoli MACD and look at the 1 hr chart. It will give u a edge cause u can predict when the adx is likely to move up along with the signal service.

Good Input IMSGold smile.gif


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JDoyle
post Jul 27 2005, 10:22 AM
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Many many good pieces of information here yahoo.gif

MoneyTec has tutorials for FX traders that are worth reading.
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unclejesse
post Jul 27 2005, 12:42 PM
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Tyler

what time zone are you in and what pairs have you been trading? I have trouble catching the good trades at the right time....


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IMSGold
post Jul 29 2005, 10:26 AM
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QUOTE(unclejesse @ Jul 27 2005, 01:42 PM)
Tyler

what time zone are you in and what pairs have you been trading?  I have trouble catching the good trades at the right time....
[right][snapback]341757[/snapback][/right]


My time zone is Pacific and I trade EUR/US, and GBP/US. The best time for trading is European hours which is around 11:00 PM to 5:00AM. Sometimes trading is really good from 5:00AM to 7:00 AM.

Just follow the rules in the e-book and you will win smile.gif

Tyler


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FinallyRetire
post Jul 29 2005, 01:28 PM
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QUOTE(IMSGold @ Jul 29 2005, 02:26 PM)
My time zone is Pacific and I trade EUR/US, and GBP/US. The best time for trading is European hours which is around 11:00 PM to 5:00AM. Sometimes trading is really good from 5:00AM to 7:00 AM.

Just follow the rules in the e-book and you will win smile.gif

Tyler
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Are you demo or real trading now? huh.gif


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unclejesse
post Jul 29 2005, 02:40 PM
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It seems the best time for me is between 8am and 9am EST for GBP. I need to get my lazy a$$ out of bed to catch the big moves.

I have had good luck today with the 5 minute and 1 minute charts. Just buy when its at the lowest point on the 1 minute chart and I can pick up 10-15 pips every 20 minutes are so. I just make sure I am buying in the same direction as the overall trend for the day smile.gif



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WVW
post Jul 29 2005, 02:47 PM
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Hi guys,

I have been going through all the messages and wow there's so much valuable information here. I'm gonne open a demo account and start to learn.

thanks all of you for this info


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JDoyle
post Jul 29 2005, 07:37 PM
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QUOTE(WVW @ Jul 29 2005, 02:47 PM)
Hi guys,

I have been going through all the messages and wow there's so much valuable information here. I'm gonne open a demo account and start to learn.

thanks all of you for this info
[right][snapback]345189[/snapback][/right]


Consider reading Technical Analysis from A to Z by Steven Achelis. It will teach you everything you need to know about trading.
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WVW
post Jul 29 2005, 10:54 PM
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Thanks JD

I'll do.



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WVW
post Jul 30 2005, 01:52 AM
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QUOTE(dude007 @ Mar 19 2005, 11:59 AM)
Hi Guys

I have a really good link with loads  of EBOOKS in forex. If your a newbie interested in learning forex this is a must..... If u want it just pm me.  smile.gif
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Hi dude

I would love to have the link but can not pm you. ( not enough posts yet)

Could you please PM me?

thanks


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WVW
post Jul 30 2005, 03:26 AM
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Hi Guys,

I've been reading and reading and reading. Time to start a demo account I guess.
I downloaded metatrader.
When downloading they ask me to open an account. Is this a demo account or should I do someting else to get an demo account?

Hope you can help me out. I've been really enjoying all your posts and hope to read many more of them.

greetz to you all


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WVW
post Jul 30 2005, 04:05 AM
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Guys,

thanks for sending me PM's but it seems that I can't read them yet because I don't have enough postings. Does anyone knows how much posting I should have before I can make use of the PM system?

Hawk

my msn : walter1366@....

thanks to you all


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Hawk
post Jul 30 2005, 04:19 AM
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QUOTE(WVW @ Jul 30 2005, 12:05 PM)
Guys,

thanks for sending me PM's but it seems that I can't read them yet because I don't have enough postings. Does anyone knows how much posting I should have before I can make use of the PM system?

Hawk

my msn : walter1366@....

thanks to you all
[right][snapback]346101[/snapback][/right]



Hi WVW

You need 25 PM's to read and send pm's. smile.gif

This post has been edited by Hawk: Jul 30 2005, 04:20 AM


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unclejesse
post Jul 30 2005, 01:00 PM
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QUOTE(WVW @ Jul 30 2005, 07:26 AM)
Hi Guys,

I've been reading and reading and reading. Time to start a demo account I guess.
I downloaded metatrader.
When downloading they ask me to open an account. Is this a demo account or should I do someting else to get an demo account?

Hope you can help me out. I've been really enjoying all your posts and hope to read many more of them.

greetz to you all
[right][snapback]346034[/snapback][/right]



Yes its a demo account. You can put in a fake name and address if you want. I have already blown through about 5 of these Metatrader demo accounts (Still Learning) LOL



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FinallyRetire
post Jul 30 2005, 03:21 PM
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QUOTE(unclejesse @ Jul 30 2005, 05:00 PM)
Yes its a demo account.  You can put in a fake name and address if you want.  I have already blown through about 5 of these Metatrader demo accounts  (Still Learning)  LOL
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Just email tech support to have them add more money to your demo, I've done it many times. crying.gif


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