whats the easiest way to get the $25 bonus out? i dunno much about forex

Out? You mean withdraw? The $25 deposit bonus can be withdrawn after you have made 10 lots of trading volume at which time you also get $100 bonus. So, just make 10 lots of trading volume and you have $125 in bonuses free.

For the breakouts I'm using ranges and support/resistance levels. I don't use any other indicator really apart from eyes and brain 1.0beta

The 1.0beta version is the Trading Brain series, isn't it? Mine is still an early alpha, but even with that version it is possible to realize consistent profits

both of you talk about the best indicator in the world ?

ok all, if many traders can using it efficiently, so we are no need to spend more money and time for indicator.

Sure, it's just a matter of time and focused effort
btw: I just started reading another book, called The Market Wizards by Jack Schwager. It's a fat book filled by interviews with top traders. A perfect book to touch the minds of those who are making waste amount of money by trading

http://www.amazon.com/Market-Wizards-Inter...8088&sr=1-1

or search inside
http://www.amazon.com/gp/reader/1592802974..._pt#reader-link

It's simple:
1) On the 5-minute G/J chart, mark the price of London open
2) Count 70pips from that price on both sides (up and down). That will be your entry signals.
3) when the price triggers the upper level, buy 3 lots and place S/L at the london open (same goes for the sell signal)
4) first T/P would be 35pips, second T/P would be 70pips and the last T/P will be up to you.
5) after reaching the first T/P, move S/L of remaining two by 35pips
6) after reaching the second T/P, move the S/L at break/even and let the last lot fly
Personally Im using the 3-bar reversal technique to get out after the first T/P is reached.

Sometimes you get out quickly with a loss withing an hour or so, so some experience with this technique is needed to recognise the bad (no-momentum) days and close the trades soon. If it gets some momentum (the crowd decides to go one direction), then you will end up with at least 105pips but usually about 200 and more, depending on the last lot - I call it a runner
When some GBP news report send the pair up too quickly before you get in, be careful. The pair could be exhausted at your entry level and it will fail. So watch it closely for wakness and cut your losses quickly as you recognise it's not going to move further.
The opposite effect of news report is also possible. In that cases, if the price shot up and doesn't look like stoping, keep all 3 lots open and just move the S/L as described in the point 5) and 6)

Happy trading

thank's for that info, i am looking for that now, maybe i will try to buy that soon.



look like another simple methods, maybe i will try with demo first.

btw : are you mostly used that method when you are open trade GJ when London open ?

I forgot to add, that the entry signals are valid before the US session. Once the US opens, Im canceling all pending orders.

For a demo testing I recommend at least 100 trading days of testing. Personally I would test it using some backtest software like Forex Tester (www.forextester.com). The PRO licence is for just $135 but there is a way to get it for $85 (and Im not involved in it).

Good luck!

thank's about that's lesson , Pta

now market look like waiting for FED rate decission. is pair like GJ would get big affect from that ?

FED look to hold their rates for 2.00 , and i still not find any good news from US economics report released.

happy weekend,

maybe some traders has taking profits, for this month, and have plan to spend their profits for many need they want its.

for all who have loss more high for this month, hmm .. you must not to give up men, cause you must go to do any correction for your self, to find a better way to reach more profits

i thing today is the last day to register at forexcup for next trader competition, so for who want to join it, don't late to register.

Thanks for nice words, Ali. It was a nice profitable month for me. Im slightly over 12% up on my equity for June and I was 4.4% up on May and Im keeping two runners in the market on AUDUSD and USDCAD with stops at break/even so the statistics can be even better.
Have a good and profitable July!

on this time, which oil price is going up more, some economics crisis in US.

i think many investor look for USDCAD. that's the one of forex market facilities, when you said about oil, you can take some profits in some oil producers county currencies (one of them is Canada).

how with USDCAD current trend now from your analyze, Pta ?

From my point of view the USDCAD is going up I already got about hundred pips on it last week

correct, i was sell EU when the last NFP report released, USD look going strong now.

i don't know why many traders think if USD would more weakness after NFP report, then they got loss. I don't use fundamentals when i took profits at least of my trade at EU (sell) just using some technical and i see i must sell it

hi all

i think USD till have chance to continue it rebounds. President Bush give his opinion about the optimistic if USD would strong and the stabilize of oil pices, also this news may give support to make this currencies get up :

Dollar Extends Rally on Falling Commodity Prices

Dollar maintains momentum and rebounds further with support of retreat in commodity prices. Crude oil dropped further to around 142 a barrel level while gold dives to as low as $915. There are also additional support to the greenback on speculations that the G8 group, which starts a 3 day meeting in Japan today, will produce some dollar supportive noises in addition to the expected messages on concerns of increasing risks of energy and food inflation. Dollar's strength is most obvious against commodity currencies as well as the Japanese yen.

now, c-gold was added as deposit/withdrawals processor at Fxopen.

yes, but I prefer WMZ and LR/EB first, it is more popular for us

any of you want to join FXOpen? I have a good offer if anyone interested

hi ..

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yes maybe you are right . i don't know about c-gold before, maybe that's a new e-currencies, is i am right ?

what's you offer, is some rebates service ?

yes, indeed i have, 50% commissions back plan for this one

FXOpen is a large company now. What improvements would you like to see in the company for the future?

i begin thinking which feature for forex online trading brokers Fxopen don't have till now ?

maybe i'll ask to other traders too

Oil and Gas trading for a start It's coming soon though apparently.

and will futures trading back at Fxopen too ?

So, traders would can trade at futures, oil, gas, gold, silver, and forex at one broker (FxOpen)

Yes, futures will return. Commodities will be available, and even stocks.

Could you tell me: what do they have now? Then Ill try to tell you what they can get more...

You can check the site, but already offered is fixed 2-3 pip spread for majors, Metatrader 4, leverage up to 1:500, the best execution speed of all MT4 brokers, multiple support options, multiple deposit/withdrawal methods, $100 rebate after 10 lots volume, and much more. Also rebatefx.com offers 1/2 pip rebates on top of all that.

Can you suggest something missing?

All people here is free to give their opinion, if someone find something missing from Fxopen than other forex online trading broker you can post here.

What you want or you think brokers must have for their trader maybe you have something in your minds which that you feel important for any forex online broker ?

From FxOpen :

Dear Clients

As you know, the situation with E-Gold is becoming worse every day and it is becoming more difficult and more expensive for us to deal with the ecurrency so we are forced to update the terms with regards to E-Gold deposits.

As of 11th August 2008, all E-Gold deposits will incur a 60% fee on withdrawal. This applies ONLY to E-Gold deposits made AFTER 11th August 2008.

All E-Gold deposits made BEFORE 11th August 2008 will remain on the current of a 20% fee on withdrawal.

We apologise for having to increase the fee again, and we hope you understand that there is no alternative left for us but to discourage the use of E-Gold at this time.

Regards, FXOpen team.

yes, it is time to give up EG now, I alread use WMZ now, never use EG since it is not easy to login

Good choice. Webmoney is far more stable and hasn't got the risks involved with being under the jurisdiction of the US government.

I have made deposit using egold before and now only can withdrawe to e-gold but since now we are very difficult to exchange e-gold ...why Fxopen still want us to withdrawe to e-gold since before my egold deposit have been all i request withdrawe from fxopen to my egold already ...anyway i can change my withdrawal to such as LR or wire transfer ..anybody have experience of changing e-currecny ?Pls help

Dear Clients,

We are happy to announce that we have added two new ecurrencies to our deposit options:

1. c-gold - website www.c-gold.com
2. altergold - website www.altergold.com

As of right now, you may use these new ecurrencies for deposit and withdrawal, and all deposits are instantly processed into your trading account!

A discussion thread about this has been opened on the forum at http://forum.fxopen.com/showthread.php?t=32432

Please leave your feedback in this thread. We would love to hear from you.

FXOpen team

it is cool, and i heard that FXOpen is going to add PayPal and Credit Card, is it? if Credit card was added, I think it will make FXOpen more popular!

hope you have withdraw all your balance from e-gold deposit to your EG account. There are many exchanger allow you to exchange your EG to LR or may other e-currencies.

i don't have experience for did it, but i have 2 friends which they are exchanger and i'll ask them for good exchanger service which they have used for that, please be patient i'll let you know as soon as i get the info.



hope so and be up to date for Fxopen service update which they most update it almost every month

EG will be out recently, and plz change your processors to LR or WMZ, I suggest WMZ at this time, though complicated, but it is reliable and very stable!

today, EU droped to 1.48 again, i am going to sell it again at 1.49, i think it will go down further

Thank you..

[quote name='alizain' date='Aug 12 2008, 09:15 PM' post='4968905']
hope you have withdraw all your balance from e-gold deposit to your EG account. There are many exchanger allow you to exchange your EG to LR or may other e-currencies.

i don't have experience for did it, but i have 2 friends which they are exchanger and i'll ask them for good exchanger service which they have used for that, please be patient i'll let you know as soon as i get the info.

Thank alizain and pls let me know which exchanger as soon as u can so that i can re-register again with fxopen using other e-currency ..thank again

*Urgent News from FXOpen!*

FXOpen continues to improve it's services by announcing a change in trading conditions for all Micro accounts! (hint - lower spread!)

See http://forum.fxopen.com/showthread.php?p=245583 for the details

Regards

hope there are not many who invested via EB

Dear Clients

We would like to announce the newest addition to our deposit and withdrawal methods!

Alertpay - website http://www.alertpay.com/

Alertpay can easily be funded using a credit card so it may be a good option for those wishing to use credit card to deposit to their account.

This thread has been opened to discuss Alertpay at http://forum.fxopen.com/showthread.php?p=246540 for comment.

it is great, how much the fee is to use Alertpay to invest or withdraw?

i saw at "My FxOpen" if traders can deposit and withdrawals via AlertPay now.

i have plan to open micro account too in near future

Alertpay charges 1% to receive funds.

i checked this page:https://www.alertpay.com/Fees.aspx
it shows free for Personal Starter Account to get money, and 2.50 % + $0.25 USD for Personal Pro Account and Business Account, not 1%, maybe this is the newest version?