Forex!

[cosmokram3r]

Anyone here know forex or can comment on its incredibly hard, very profitable or what?

Im thinking of taking a course its $2500 to learn it. What do u guys think?

Thanks

 

[MyOpinion]

May be you should try the free mini intro first

The contents sound great in forex program. However, I believe it would be a good idea to try out their free intro first. I have found a link in the Finance section in www.Classified.m6.net that contains a free signup for a mini intro. This may help you.

Good luck

 

[gbogo]

waste of money

dont bother

buy tech analysis books

go to web page global-view.com

 

[Smokenjoe]

Interested In Discussing FOREX?

:modemman: Hello Everyone,

I was considering starting a FOREX Thread, but noticed this thread was already started. It appears that no one has posted in awhile. I'm wondering if anyone is interested in continuing this thread and discussing forex? Please post a reply if interested.

I'll post some of my own trades and suggestions if there is an interest in continuing this thread. Perhaps some paper trades are in order to start?

I've been trading FOREX for just over 2 years with moderate success.


Peace and Success to All in 2007! arty:

 

[gbogo]

if you want to trade fx and use one of the 2 brokers i use - ill give you a rebate per trade you make

would have to be new client for them though

 

[Smokenjoe]

Forex Broker

if you want to trade fx and use one of the 2 brokers i use - ill give you a rebate per trade you make

would have to be new client for them though

:smoking:

gbogo:

What brokers do you use? I already have an account with Oanda and
Forex Solutions. Tell me about the rebates offered. Are you showing
a profit with your trades?

smokenjoe

 

[gbogo]

i manage a decent amount of money those are traded on wholesale systems



retail use gft or saxo bank

can offer a rebate per 100 k trade at either of those retail ones
(for exact dollar amount need to email me)


saxo insure your account up to 50 k eur unlike the us ones who rely on deposits to run their business.

solutions is pretty bad/ oanda i think is quite good but never used them personally.

 

[Smokenjoe]

i manage a decent amount of money those are traded on wholesale systems



retail use gft or saxo bank

can offer a rebate per 100 k trade at either of those retail ones
(for exact dollar amount need to email me)


saxo insure your account up to 50 k eur unlike the us ones who rely on deposits to run their business.

solutions is pretty bad/ oanda i think is quite good but never used them personally.

:smoking:


gbogo,

Thanks for the info. My accounts are less than 10k each.
I'm a private investor...investing on speculation
"a small fish in a big pond"...so I don't think I could benefit
from the discounts you mentioned due to the small size of my accounts...


Thanks Again....

smokenjoe

 

[Smokenjoe]

Trade Suggestion

:modemman: For those interested in trading or speculating...

This trade suggestion begins at approx 0700 GMT on 04JAN07:

EUR/USD BUY BULLISH

Entry: 1.3155
Stop Loss: 1.3130
Target: 1.3230

 

[tony1]

I am new to forex and have been trading thru a managed account for the last few months. It is being traded thru a forex hedging system and the results have been great.

 

[Smokenjoe]

Hedge Account

:smoking:

I am new to forex and have been trading thru a managed account for the last few months. It is being traded thru a forex hedging system and the results have been great.

Tony1

I would be interested in hearing more about your experience-ie name of the company managing the account, account requirements...etc.
Either here on this thread or via private e-mail.

smokenjoe

 

[tony1]

:smoking:


Tony1

I would be interested in hearing more about your experience-ie name of the company managing the account, account requirements...etc.
Either here on this thread or via private e-mail.

smokenjoe

I was interested in forex with hedging and I found this company and bought their manual then they later offered a managed account. Since I was new with forex, I decided to go with their managed account until I could become more comfortable with it. The company is currently in the middle of updating their systems to make even better. I will give more info later when these updates are completed.

The idea behind their system:

Notes: We trade a series of BUY and SELL orders in what we refer to as a "hedging loop." Using this loop we protect losses, test market direction and backtrack profits. In this manner, we've never ended a loop that was negative.

With almost all other systems, you're given indications of when to enter or exit a trade. What happens if the entry indication is incorrect? You lose! Our system is a logical concept for governing chaos. The chaos being the unpredictable outcome of market movement. Regardless of your entry position taken, you will limit loss and come out a winner in the end.

We have NEVER LOST while trading one of our system's hedging loops. Our system tests market direction, limits losses, and allows you to exit with as much profit as you're willing to wait for. I'll say this again... we have NEVER lost. Ever. Period.

UPDATE: We are experimenting with an EA (Automated trading system) but several revisions will be made while we beta test this in demo. We will not release this software until it has proven to be successful for us. We'll happily provide it to our clients afterwards.

CURRENT WORKS IN PROGRESS
We will continue to improve our product by offering a variety of ways of looking at it. Our goal is to help each and every customer learn to trade the way that we do. Here is a list of the current projects in the works...

1.) Fully designed, functional web site/resource/community
2.) Systematic Summary
3.) Time Savers Guide
4.) The Video (will stream on our web site)
5.) Web based, trade-wizard alert system
6.) MetaTrader version EA

note: Currently they have stopped taking new managed account clients until they have finished with updating their system. Again I will give more info later. Thanks

 

[gbogo]

im sure the NFA will be investigating the

"we have never lost period" statement

 

[Smokenjoe]

:smoking: Yes, I agree the "never loss" statement is concerning, but I would like to at least hear more. The Feds usually use the "never loss" statement as a red flag and caveat for investors....

 

[Smokenjoe]

Forex Trade Advice

:smoking:

For those of you who trade the FOREX market, here is a website that
may be helpful in making trade decisions. They update the trade suggestions at approx 11 PM Pacific Time each trade day:

www.tradingfloor.com

I've been following their suggestions and have had good results...

smokenjoe:modemman:

 

[Smokenjoe]

Www.mataf.net/en

Here is another excellent website regarding forex trade ideas:

www.mataf.net/en

When the website appears, you will see the currency pairs that they
are commenting on. When a new report has been issued-the currency
pair will appear in red. Just click it and you'll see the trade recommendation. New reports are usually available at approx 11 PM
Pacific Time on trading days.

You can also set up an e-mail alert for free.

I've made some excellent trades via recommendations from this site.

Happy Trading....

:modemman: smokenjoe

 

[Anonymous1]

Volatility has gone to hell in a hand basket in the 4X market. Have not not such lack luster action in, well just about every December when it dries up for the holiday's.