Euro J

Forex Market Without Trading Knowledge Base

How can I trade Forex Market without losing? Well I will like to know you're doing this without losing a cent.
Trading forex without indicators? Is it possible to trade the forex spot market without using indicators? I would appreciate any strategy that would involve trading successfully without indicators if there is such a thing. Thank you for your answers. I feel very hopeful now. I wish to trade full time without using indicators. At this time I have a demo with Oanda as it's got the best web-based browser so I can check 24 hours both from work and home. This is the first time I'm using this service so don't know how to send my email contact without revealing here as I don't wish to be spammed.
Is there a group of people who can trade the forex markets without a spread, or at least MUCH less than I pay? If trillions of dollars gets traded back and forth on a daily basis, it doesn't make any sense that everyone has to pay a spread of 0.03%, because that is a lot of money that is disappearing from everyone's pockets, a billion dollars a day, and even if they did all have to pay it, it has to be going to someone. Someone who is able to trade for free because he is the one who keeps the profits of the difference between bid and ask. Who is that someone? I ask because I have created an adaptive trading method that only works with horribly low spread. Too low for me to use, but it must be horrifically valuable to SOMEone out there. And when I say it is adaptive, I mean that there is no a priori strategy, it looks at the last 63 days every 2 weeks and decides on the trading rules it will apply over the next two weeks from that alone, so it isn't adapted to any future data; it's not cheating. Operating on the USD/JPY from July 1, 2007 to Feb 13, 2009, these are its results from one run (since it contains random variables, if you ran it again on the exact same data you'd get different numbers, but the same SORTS of results): Commission=0.02: Total gain=1.9586666009107498e-001 Total commissions=4.3467080397738096e+000 Commission=0.01: Total gain=1.4452129891615770e+000 Total commissions=2.5255991687861270e+000 Commission=0.0079: Total gain=6.0134531854447415e+000 Total commissions=1.3535088531109761e+001 Commission=0.005: Total gain=8.3681903017587498e+007 Total commissions=2.2229280168087495e+008 Commission=0.0029: Total gain=5.3964686183550566e+012 Total commissions=6.6395560659541475e+012 Commission=0.0019: Total gain=3.7134772078865466e+017 Total commissions=2.0657410633892125e+017 Commission=0: Total gain=4.7437229016568531e+049 Total commissions=0 Note that 5.5e+026 is the computer's way of expressing scientific notation, and that example would be 5.5 times 10 to the 26th power. As you can see, it works astronomically well with as low a spread as possible, but nothing that is given realistically by any brokers to small fish like me. -------------------- The answer I will not accept: "there would be no one willing to facilitate trades if they didn't get to take a cut" Obviously. I'm asking if there's anyone who takes a smaller cut. Or maybe a cut that doesn't go up with trade size - after all, buy stocks with a stock broker, and it's usually 5 or 10 dollars per TRADE. But it doesn't matter what the trade size is. But with a spread on the forex market, with double the trade size, it's double the commission. And like I said, whoever IS pocketing the difference, surely HE must be able to trade without a spread since he's the one who pockets the difference! Certainly this would be worth something to THAT person. It is fundamentally impossible for everyone to lose that money when they trade because it GOES somewhere, and it certainly doesn't COST that much to keep the markets running. It doesn't cost anyone anything for me to enter in an electronic order to trade 300 thousand dollars for 30 million yen and for it all to be carried out by computers but I lose about 100 dollars each round trip in the act of doing so. Maybe at the very least there's some group of people who pay, say, a million dollars a year for however much trading they want, in lieu of spreads. This trading method would make a lot more than that million dollars. Bill Q - of course if as you say, it's not being collected by one single group but by multitudes of middlemen, that could be a problem. But the thing is, it doesn't really need to be ZERO - it would need to be about a sixth of what the best brokers I can find charge to work reasonably well - and as you can see from the list above, the less percentage they charge, the more actual commissions are actually collected as well so it would be in their best interests to consider it. The thing is, that if they're offering .03% per trade, that means they're happy with a profit of a mere 3 dollars for one USD/JPY lot (10000 USD against however many JPY that is equivalent to). Or even smaller scale, they're willing to settle for a dollar or so with one MXN/JPY lot (mexican peso). Yet they insist on 3000 dollars of profit for me to trade 1000 lots. No middleground at all! If they'd only settle for a mere 300, we could all make SO much money! But WHO would I talk to about possibly doing this?
Anyone successfully using a forex trading system to make money consistently? Looking for a good system to make money in forex part time. I have a busy schedule but want to get in on trades without having to tie up a lot of time watching the market
Question about Forex market in India? I'm interested in doing forex trading in India, because I think the capital market there is pretty stable and people have good discretionary income. However, my understanding is that RBI strongly regulates the forex market partially because it is afraid of possible currency manipulations by large institutions. And since it is possible to have a very high leverage in this market, people could lose a lot of money without enough prudence, and the government is aware of this, trying to control the forex market to a certain extent. So my question is, how much does the Indian government want to control the forex market, and what kind of rules and regulations regarding the forex trading and the relevant market are put forth by RBI? Are there any available websites or documents pertinent to the foreign exchange market in India I can take a look at?
I am very decent trading in Forex. How can I make money without any of my own? I have done research in it for maybe a little over two years now.I have traded several demo accounts and have always done very well, in my last account, 50k went to about 75k in a week of intense research, focus, and trading. Every trade resulted in profits, there were I think over 20 trades, some going on together with others, some 5 days, others 1 hour, etc. I want to make big money trading real money, but I don't have any money to invest with because I am a broke student. I am wondering how I can still make money in the market because I believe I have the ability to do so, without having the start up capital myself. Thanks in advance for any helpful advice.
Can someone help me? I need assistance in raising capital to trade forex.? I would like for someone kind enough to offer me a loan of $600 USD for the duration of One Month, at which time I would pay back with 20% interest. The reason I ask for such an amount is to enable me have a trading capital of my own and also to be able to pay back the loan. I’ve been trading or sort of testing the market and a news service that is crucial to success in trading the Forex Market. I’m interested in having a standard trading account that will bring in substantial amounts of returns on trades made but my problem is that I do not have any money to do that, and this is why I have come to you $500 will be used as the start of capital and the other $100 will be used to pay for the subscription of the news service without which I would not even bother to trade forex with a loan. Please assist me if you can with this request. My intended mode for this little business transaction is through the e-currency; Liberty Reserve. Please kind people assist me. I'm ready to give details and prove of residence to show that I can be contacted and traced if I do not fulfill my part.
Hey Forex/Market Watcher-types: Why shouldn't I be shorting the yen? Then yen has been riding the carry trade meltdown for some time now. And for some reason, it's seen as a "safe" currency in times like this. But if you look at the fundamentals, Japan is in big trouble. So this crazy rise in the yen is starting to look like oil did in the first half of 2008: a speculative circle jerk without the fundamentals to back it up. Am I wrong? Is it too early yet to short? What do you think?
Is it possible to become an Investment Banker without going to an Ivy League College? I'm right now going to a Community College to save up money on school and I doubt that i will be able to transfer to Harvard or any Ivy League after i am done with transferring. But i have a strong interest in the Economy, Stock Markets and what's going on in Wall Street considering i spend a lot my spare time on the computer learning about Forex Trading, Day Trading, Wall Street, The Economy and the Stock Market. If I go to a Private or a State University, be involved with all my school Business associations and all other extracirriculuars, get 3.5+ GPAs, would i still be able to land a job at a Bulge Bracket firm like Goldman, Morgan Stanley, Lehman, JP Morgan/Bear Stearns? Or can i end up at a boutique? (NOTE: I am planning to graduate college in 2012.)
my friend tell me IMF announced about 167 legitimate forex bank/broker is that true?Who can give me the link? I didn't find any info from IMF about it yet. Anyone can tell me how can I confirm this words are reliable? My friend believes except the IMF announced about 167 legitimate forex bank/broker , others are all retail brokers, and can not ensure safety to deal with them, even if they have good NFA / CFTC records, they use the same gambling biz model that make a order against,their client, most poor majorties who belongs to the 90% trade loser in the trade market? One obvious feature of IMF legitimate bank/broker I mentioned before is they charge 10pips and about 8 pips commission as IMF 'standard' trade fee. And standard lot is 10,000$ each time. But I rently find one of a famous national class bank with great reputation of Europe has reduced their 'standard' 10pips fee to about 3pips in EUR/USD, and other currency pairs fee also reduced. Actully, I think I believe most broker in the top10 forex broker rank are good boys like Oxxx,Fxxx,Gxxx and u can get ur profit without a doubt based on you can win them,but the NFA doesn't granttee your mony can get back when they goes bandrupt? Just like before the financial crsis xxxxxbank'clients can't get their money back when it close.
Scalping Forex and E-mini? THIS GROUP IS SIMPLY, FOR EDUCATION PUPORSES ON HOW TO TRADE OR SCALP FOREX AND E- MINI'S WITHOUT HAVING AN OPINION ON THE DIRECTION OF THE MARKET. GOOD CONTRIBUTION, PLEASE
Why isn't there a forex currency index? Just like the stocks are combined into NASDAQ for example, then why can't you combine the forex pairs and assign them a mathematical value??? Take a look here: http://www.fxstreet.com/rates-charts/currencies-glance/ Fxstreet lists 34 forex pairs. Benefits: - Less risk.More pairs - less risk. Traders will take advantage because the market is open day/night in contrast to the daily trades among the stock market. That said, the forex traders gain several times more action with reduced risk, thanks to the combination of many pairs at once. No surprises anymore:Think about it: The european bank annouces higher rates, but the expectations were for lower rates. So, if you trade EUR/USD you will lose when you have selled. With such important news you will lose perhaps over 50 pips and if you trade on 100:1 leverage buying more than 1 lot...say goodbye to your money. Even without leverage the big players will lose, unless they utilize some industrial espionage :) to predict the rates that are going to be anoounced. So...if the one pair goes higher with 50 pips, else will go downtrend with 50, which keeps the balance. Of course if the balance is perfect :) 50/50 the index won't move and you will not benefit at all :), but in case where you have 50/25 you get your 25 or less if your predictions are in the right direction. There is one drawback, of course, like anything in life :): With so many pairs it will be impossible to rely on any news announcements. Your only hope will be the candlestick chart, perhaps combined with some additional mathematical technics(martingales, random walk avoidance, compound interest) and economical such(hedging, options..). But isn't the technical data the favourite to the forex traders? So far, sadly there isn't a "forex index" to my knowledge??? So the best you can do is simply make your own "portfolio" and assign it a mathematical value. I plan to create a computer program(...a can do that ;), to calculate and trace such index value of about 40 forex pairs. If I succeed, I will post it here with link to website to see the index in action :). Thanks.
Forex Open Positions? What usually happens if your computer temporarily loses its internet connection, or if there is a power outage? Such things are not uncommon. I've heard conflicting reports over what exactly happens. For instance, would your open positions (already fulfilled trades) automatically CLOSE at whatever the current market value was, or would they stay as open positions until you logged back in? I don't really understand why open positions would reverse, because haven't they already been fulfilled in the market, regardless of what happens on the client side? What about open orders? For instance, if you've set stop or limit orders that haven't been fulfilled yet ... would these be erased if you lost your connection or power? It just seems very weird to me that open positions would simply "exit" or "close" if you were to lose your connection. For one thing, wouldn't that mean that you would need your lots re-bought or re-sold first? Why in the world would it automatically exit out of the trade? I can understand a margin call, but ... Secondly, what about people who are position traders and have open positions that last weeks or months? Do these people keep their software, computer, and internet connections going without any interruption the entire time? Brief interruptions in service or a power outage are not uncommon in our world. Really don't understand it at all. Specifically, I'm using MB Trading's Navigator, but what tripped me is that they said "trailing stops are server-sided and protected from disconnects," which to me implies that other types of entry orders are client-sided and are not protected from disconnects? I really hope I'm misinterpreting something. The thing is, if I end up with a margin call because my connection or power was out too long, then that is one thing. But an open trade automatically exiting out into a closed trade simply because you lost connection or power briefly makes absolutely no sense to me. I don't understand why a fulfilled trade would even do that.
Desire to move to the United States? Hello all I'm an Australian and am currently completing my bachelor of business. I have been to the U.S a number of times, and after I finish my degree, I would like to move there for a while. I am in my mid-20s and am extremely financially secure, with plenty of money in financial markets. When I finish my degree I plan on liquidating about 1 million AUD and getting a place somewhere in the U.S... I will be applying for jobs in the business/finance department, as well as my usual forex/stock trading. I would be moving with my girlfriend, so some criteria: -I love autumn & winter (it doesn't snow here in Australia) -Safe area, low crime (home invasions, homicide) -Preferably somewhere sport orientated (cannot live without sport) -Near a big city but far enough away for some peace and quiet (half hour driving distance maybe?) I am a bit concerned about raising a family though, as down here we don't experience high-school shootings and the like. Cheers! Why would I want an anonymous pat on the back? It's information so people have an idea of how much money I have to spend for a house/lifestyle.
i have a question in economics about foreign exchange ..thnk u? 1.The foreign exchange market is where (10 points) currencies are exchanged services are exchanged goods are exchanged capital is exchanged 2.The foreign exchange rate is defined as the (10 points) price at which one currency exchanges for another rate or the speed which the currencies of the world are traded volume of the world currencies traded None of the above 3.When a currency decreases in value relative to another currency the currency has (10 points) depreciated decelerated appreciated accelerated 4.Assume yesterday one U.S. dollar exchanged for 115 yen. Today the same dollar exchanges for 110 Yen. We can conclude that the (10 points) dollar has appreciated relative to the Yen dollar has depreciated relative to the Yen Yen has appreciatied relative to the dollar Both (b) and (c) are correct 5.When a currency depreciates, its value has (10 points) remained constant against that of another country fallen relative to another currency risen relative to another currency fluctuated around a particular value 6.When the U.S exports goods and services to France, there is an increase in the (10 points) supply of dollars supply of Euros demand for dollars both (b) and (c) are correct 7.In the Forex, which of the following increases the demand for dollars (10 points) Japanese interest rates rise relative to the U.S. interest rates the expected future exchange rate falls the U.S. interest rate increases both (a) and (c) are correct 8.Inflation rate in the U.S. is higher this year relative to the inflation rate in Europe. What happens to the value of the dollar in the Forex (10 points) the dollar depreciates; the Euro appreciates the dollar appreciates; the Euro depreciates the dollar depreciates; the Euro depreciates you can't tell without knowing the inflation rates 9.Assume that GDP growth in Canda is higher than that of the U.S. GDP growth rate. What happens to the value of the Canadian dollar relative to the U.S. dollar (10 points) Canadian dollar appreciates Canadian dollar depreciates the U.S. dollar appreciates both (b) and (c) are correct 10.The Japanese develop a cure for baldness and that cure is only available in Japan. What happens to the value of the dollar relative to the Yen (10 points) the dollar depreciates and the Yen appreciates the dollar appreciates and the Yen appreciates the dollar appreciates and the Yen depreciates the dollar depreciates and the Yen depreciates
Desire to move to the United States? Hello all I'm an Australian and am currently completing my bachelor of business. I have been to the U.S a number of times, and after I finish my degree, I would like to move there for a while. I am in my mid-20s and am extremely financially secure, with plenty of money in financial markets. When I finish my degree I plan on liquidating about 1 million AUD and getting a place somewhere in the U.S... I will be applying for jobs in the business/finance department, as well as my usual forex/stock trading. I would be moving with my girlfriend, so some criteria: -I love autumn & winter (it doesn't snow here in Australia) -Safe area, low crime (home invasions, homicide) -Preferably somewhere sport orientated (cannot live without sport) -Near a big city but far enough away for some peace and quiet (half hour driving distance maybe?) I am a bit concerned about raising a family though, as down here we don't experience high-school shootings and the like. Cheers!
How do you trade the forex market without indicators? Is there anyway to trade the forex market without any indicators. I have used all indicators, and they have brought my total disappointment, even with money management.Please help!
Forex training? www.digitzip.com Forex training is important in such a way to stay away from the mistakes and start making more money. Forex training is important to become an experienced trader. Forex training allows investors and interested investors to learn to trade currencies with a live coach. Forex training is important in such a way to stay away from the mistakes and start making more money. Forex training is essential to become an experienced trader. There are free Forex Advisory Service and Forex training. As such investors and anyone interested should take advantage of the free online Forex trainins in getting started. There are many websites and businesses that offer Forex training to investors. In the excitement of getting started, new Forex traders sometimes ignore the importance of Forex training and rush desperately into the Forex market. Without the proper education and training, these Forex traders lower their chances of succeeding. Proper Forex training will be beneficial to thos
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