Hi. Pierre!

Happy New Year and sorry for the delay.

You could do it, of course. You only need momentum and you should know before doing so where you should place the right stop loss.

Take into account that almost all brokers in Forex world want your money. They trade against you and they are not your friends. If you use a fixed stop loss, you'll be hit hard for those bastards.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

As we are now in a new year, a lot of newbies will start trading FOREX.

As CatFX50 is one of the most viewed threads in our Forex World, let me say something to them:

a.- Good traders do not sell their systems.

b.- Good and profitable traders do not sell signals.

c.- It is almost impossible to trade and post signals at the same time.

d.- There are a lot of traders or wanted-to-be-traders that realized they could make more money without any risk selling than trading.

e.- Forex is a non-regulated market. You are left alone without any right at all.

f.- Brokers want your money and they will do whatever thing to take it from you.

g.- A lot of threads in whatever forum are made by wanna-be-demo-traders. You will never know if the profits they claim are real.

h.- MT4 platform is the one retail brokers love most. Why?

i.- When a broker gives you a leverage of 500 to 1, means that he knows you will lose all you have in your account sooner than later. And if you do not, he will tell you to quit.

j.- Spike news trading is almost dead. Brokers will not fill you. So, do not lose your time and money.

k.- There are a lot of free indicators that repaint.

l.- There are a few professional coders: Igorad, Mladen, Kalenzo, CJA....

I could continue, but I think it is enough.

Good luck!

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Dear Nina,
Happy New Year 2008 too...

Thanks so much for your reply.

When I watched the chart for GBP/USD, I found that sometimes in bullish mode, price above EMA 50 and Hist_StepMA_Stoch in green, suddenly price crossed down without crossing EMA 50 and opened above EMA 50, but Hist_StepMA_Stoch still in green. Was it also a Level 3 Signal ? Price then went down in next two bar.

I also noticed that I never saw the Hist_StepMA_Stoch briefly changed color. Was there any wrong setting with my Hist_StepMA_Stoch? I am using Hist_StepMA_Stoch_KV1_Ex_03.

Thank you again for your attention and explanation...


Regards,
Pierre

Dear Nina,
Happy New Year 2008 too...

Thanks so much for your reply.

When I watched the chart for GBP/USD, I found that sometimes in bullish mode, price above EMA 50 and Hist_StepMA_Stoch in green, suddenly price crossed down without crossing EMA 50 and opened above EMA 50, but Hist_StepMA_Stoch still in green. Was it also a Level 3 Signal ? Price then went down in next two bar.

I also noticed that I never saw the Hist_StepMA_Stoch briefly changed color. Was there any wrong setting with my Hist_StepMA_Stoch? I am using Hist_StepMA_Stoch_KV1_Ex_03.

Thank you again for your attention and explanation...


Regards,
Pierre

Dear Nina

Why you said that ? Broker make money becouse the spread or our lost ?

Then if my account make money , broker will ban me later ?

You mean broker is same like a Casino ?

__________________
"Nobody's Home"
Her feelings she hides. Her dreams she can't find.
She's losing her mind. She's fallen behind.
She can't find her place. She's losing her faith.
She's fallen from grace. She's all over the place.
http://www.avrillavigne.com/videos

Hi, Avril!

Brokers should be happy with the spread they earn, but they are not.

The majority of Brokers are worst than Casino's bosses.

Avril, 95% of retail forex traders lose all they have.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

which broker do you advice nina

Hi!

Sorry, Moudir. I'd be dishonest to tell you to open an account with any of them.

A long time ago, I was an IB of a well known broker. I sent there some of my friends. All of them lost all they had and I lost their friendship.

An advise, Moudir, don't put all your eggs in the same basket.

This is a non-regulated market. Each broker has its own tweaked feed. Each broker has its own spikes and so on.

Brokers trade against you. They want your money and they will win. So, trade today here, tomorrow there and after tomorrow in another place. Use fake stop losses and right mental ones. Do not tell your broker what you want to do. They are your real enemy. How could we call those that cheat and steal the money of decent people?

Learn to trade. Learn to focus. Learn to be patient and be disciplined. When big boys want to take a position, you'll see it. No broker could stop them. It is the moment you were waiting for.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Moudir,

Look at this:


Market Watch

Dow suffers biggest first-session-of-year point loss ever; 29 of 30 components fall

Today, the majority of those that work for the system and not for their clients said on CNBC that it was a good moment to buy stocks. Well, poor Peter or Alice or Smith.

Moudir, have you ever seen a majority of sellers on CNBC? Why is that?

Peter, Alice and Smith bought while they were selling. That's it.

Yeah, stocks will go up tomorrow. It could be.

Yeah, or they could drop 20% before going back to where Peter, Alice or Smith bought them. It could be.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Brilliant and correct !

The lure of "money from home" is a great one at this day and age of uncertainty in any market. I would really suggest to anyone reading this to find a conservative method to earn funds and never play the markets unless you are equiped with tools nobody has.
Funds which have Billions of dollars are working 24/7 to study the markets and even they are loosing...

Guys remeber this:

NOBODY CAN TELL THE FUTURE !NO INDICATOR "KNOWS" THE FUTURE !

THOSE WHO CANNOT TRADE ....TEACH.....

Do not trade real funds until after you practice for 1 year on paper.

Trading is the biz of prediction and Math nor anything can do that CONSISTANTLY.

INDICATORS REPAINT THE PAST AND ARE MOSTLY PROGRAMMED BASED ON PAST HISTORY, BUT THE MARKET IS A FRACTAL OF CHAOS ---> NO STAT CAN WORK CONSISTENTLY IN CHAOS.

IF ANYONE WANTS MONEY TO TEACH YOU TO TRADE OR JOIN A TRADING ROOM ETC - DO NOT FALL FOR THIS. EVEN IF THEY WILL SHOW YOU STATS ......THEY CHOOSE THE BEST STATS TO SHOW YOU.....BEWARE.

DO NOT TRADE FOR A LIVING - THIS IS NO WAY TO LIVE.