tag:blogger.com,1999:blog-16871965604261480092024-03-12T18:15:19.225-07:00Best Strategy Forex TradingUnknownnoreply@blogger.comBlogger257125tag:blogger.com,1999:blog-1687196560426148009.post-75279836014189556852012-01-15T05:24:00.000-08:002012-04-05T13:53:33.899-07:00Easy way to create forex EAI found a website which offers easy way to create forex EA<br />http://fxdreema.com/generator<br /><br />It uses mindmap/block-building concept. No need to know on mq4 programming language<br /><br /><br /> <br /><br /><br /><br /><br /><br />Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1687196560426148009.post-40488077273692578092012-01-14T20:55:00.000-08:002012-04-05T13:53:33.916-07:00It is difficult to develop a profitable EAI have been trying to develop a profitable forex EA these several weeks. The reason I want to do so is try to sell it and earn money.<br /><br />However, I failed to develop it. The back test result is terrible.<br /><br />Well, I can develop a seems *profitable EA, the key is without stoploss and the account will be margin call sooner or later.<br /><br /><br /><br /><br /><br /><br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-4760528245688613082012-01-05T04:58:00.000-08:002012-04-05T13:53:33.933-07:00Nowadays, a responsible forex broker shall support mobile tradingI received email from GCMFX informing me that it supports mobile trading across all smartphone platforms includling iOS,Android,Blackberry, Windows Mobile and Symbian.<br /><br />Well, before this email, I already using it. I am using their free vps service and using GCMFX Android App to connect to it.<br /><br />I feel we need to choose a good forex broker when we open our live trading account. We need to study Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-33830368173491861012012-01-03T07:50:00.000-08:002012-04-05T13:53:33.954-07:00Switch VPS to GCMFX free VPSPrevious 2 months I am using ftnhosting vps and was happy about it although sometimes it always hang and restart but it restart very quickly. The monthly fee for using the vps is about USD$6.<br /><br />However, after the new year 2012, something is wrong with ftnhosting vps. It is down for a few days already. No one from ftnhosting answer my support ticket.<br /><br />As a result, I switch to use free VPS offered Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-79557968105915659372012-01-01T22:07:00.000-08:002012-04-05T13:53:33.968-07:00The correct way to test your forex robotI have been spending my weekends trying to develop my own forex robot. Purpose to develop own forex robot is due to I am not confident with the many forex EA in the market. I am not sure how are their behaviors and performances. If I can develop a profitable forex EA, I can use it for myself and consider to sell it to earn profits.<br /><br />I already developed my forex EA and testing on Nov and Dec 2011 Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-90381850784412074442011-12-23T21:04:00.000-08:002012-04-05T13:53:34.132-07:00Free Expert Advisor Builder for MetaTrader 4For those who have no knowledge and experience in coding forex expert adviser but wishes to do so, you can go this website Expert Advisor Builder for MetaTrader 4 to build one easily<br /><br />NO need to spend time to learn complex programming. Nevertheless, it is simple and easy thus will not be more powerful than own programming.<br /><br /><br /><br /><br /><br /> <br /><br /><br /><br />Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-72605116743037869492011-12-22T07:22:00.000-08:002012-04-05T13:53:34.145-07:00News events and market times on your chartHi all,<br /><br />I would like to recommend a good news event indicator to you.<br /><br /><br /><br />It is forex_ news_market_clock.mq4 from deVries<br />Source: http://codebase.mql4.com/7816<br /><br />The indicator has multiple options and functions. You can select to display low,medium,high priority news<br /><br /><br /><br /><br /><br /><br /><br /><br /> <br /><br /><br /><br /><br /><br /><br /><br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-3075362783324121652011-12-22T00:43:00.000-08:002012-04-05T13:53:34.159-07:00EA Straddle&Trail - used for news event tradingHI all,<br /><br />I manage to search this Straddle & Trail EA from <br /><br /><br />http://codebase.mql4.com/4246<br /><br />Its working module is to open two OCO ( One Cancels Other ) pending buy and pending sell orders minutes before a news event. Definitely you need to manual input the news event time as this EA is not that perfect up to that level.<br /><br />It is expected forex price will either jump up/jump down drastically after aUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-39853387916606075912011-12-18T02:18:00.000-08:002012-04-05T13:53:34.203-07:00Freeware for Building and Testing Your Forex StrategyHi all, I just found a website for building and testing your forex strategy. It is http://forexsb.com <br /><br />I already installed two free softwares offered in the website. First is Forex Strategy Builder, second is Forex Strategy Tester. I not yet have much time learn how to use it but it seems very good. Somemore it is free. It is worth give it a try. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-36934072239629552262011-12-04T04:46:00.000-08:002012-04-05T13:53:34.282-07:00Forex Money ManagementThe main idea of the whole trading process is to survive! Survival is the first task, after which comes making the money.<br /><br />above sentences are very meaningful. i got it from internet<br /><br />However,sometimes greed surpasses logical thinking. not many of us can control our greed,including myself. Last time i suffered losses due to greed when using forex transporter<br /><br />Survive first then only think about Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-41647394068631734742011-12-04T00:53:00.000-08:002012-04-05T13:53:34.356-07:00Forex technique - Bollinger BandsFor technical analysis, there are lots of indicators for usage. Among the most common and basics are Moving Average, MACD, etc<br /><br />I would like to share using Bollinger Bands.<br /><br /><br /><br /><br />For Bollinger Bands, it consists of three line - upper bound/band, mid bound/band, lower bound/band<br /><br />The logic behind these 3 lines are - the upper bound indicates overbought state where a correction will be expected and Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-62489589051941262612011-12-02T01:18:00.000-08:002012-04-05T13:53:34.433-07:00I have started trading live forex accountHi all,<br />I have managed open a live micro account with GCMFX and started trading. I chose leverage 1:400. And i trade using 0.01 lot<br /><br />which means for each 0.01 lot, required margin is 100,000/400 x 0.01 = USD$2.5 <br /><br />I use AutoPilot to auto trade. The EA uses 200 pips takeprofit and doesn't set any stoploss. However, i will monitor the market trend and will close the trades if feel impossible to Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-42317071616855044062011-11-24T06:58:00.000-08:002012-04-05T13:53:34.444-07:001000% gain in one month time in ForexHi all,<br /><br />Don't be cheated by the title "1000% gain in one month time in Forex". It was not achieved by me. I only achieved 60% gain at my demo account at the moment.<br /><br />The 1000% gain was achieved by some other gurus. You can view the result at<br />http://www.myfxbook.com/contests<br /><br />Anyway, bear in mind that is demo account. In demo account, people dare to take maximum risks to gain maximum profits. I Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-35656411445152172492011-11-17T06:32:00.000-08:002012-04-05T13:53:34.521-07:00The contest account is doing well, 30% profit in 18 daysHI all,<br /><br />The contest account is doing well using AutoPilot<br /><br />From 1st Nov till today, the account has earned 30% profits. Anyway, this will not be the final result.<br /><br />I had manually closed some orders as I believe the market goes against these orders.<br /><br /><br /><br /> <br /><br /><br /><br /><br /><br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-10888737958228166822011-11-11T03:44:00.000-08:002012-04-05T13:53:34.601-07:00www.myfxbook.com - analysis your forex tradingI saw there is website that offers free analysis of your forex trading result but I forgot the name already. I try to google search but didn't find it. I believe it is not the google fault for unable to search it. Maybe I type the wrong keywords that unable to search it<br /><br />I asked in forum and someone suggested me to use www.myfxbook.com<br /><br />I already opened the account and will try use it. <br /><br />You can Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-45534611002738198702011-11-11T02:07:00.000-08:002012-04-05T13:53:34.686-07:00Open account with moneybookersI just opened an account with MoneyBookers.<br /><br />Well, it is my first time heard its name. It's function much like PayPal but claimed with lower charges compared to PayPal.<br /><br />The reason I opened it is because GCMFX doesn't accept PayPal payment. Well, it receives credit card but has limitations on withdrawal.<br /><br />GCMFX does allow MoneyBookers money deposit and withdrawal. <br /><br /><br /> <br /><br /><br /><br /><br /><br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-59728598585482693762011-11-04T02:20:00.000-07:002012-04-05T13:53:34.771-07:00Using my Android phone to connect to vpsI am using my Android phone connect to vps<br /><br />The Android app I used is remote desktop client by Xtralogic inc<br /><br />It is quite a useful and good app. I not yet tried other remote desktop control app thus no comment on the rest.<br /><br />posted from BloggeroidUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-12393770313661843812011-11-04T02:05:00.000-07:002012-04-05T13:53:34.987-07:00USD $5.95 windows vps from FTNHostingHI all,<br /><br />I just started to run my vps from FTNHosting.<br /><br />I am not as dump as before where I buy VPS before doing comparison. Last time I used a monthly USD$18 windows vps<br /><br />To run metatrader4 on vps, I didn't need the high end vps. The basic vps will do the job.<br /><br />This time I google search and try to get the cheapest windows vps. I managed to search one. It is FTNHosting.<br /><br />It only costs me USD Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-32444093080416372262011-11-03T03:04:00.000-07:002012-04-05T13:53:35.063-07:00Gallant Capital Market practice account challengeRecently I am more free than before and have the time to think. I am thinking to start again forex investment.<br /><br />First time I lost USD$3000 real money using EA<br /><br />Second time I lost USD$80,000 virtual money manual trade<br /><br />This will be the 3rd time try<br /><br />I already purchase a windows vps and plan to test the EA Autopilot for one year time on practice account. <br /><br />Forget to tell that gcmfx is having Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-35919864861913202382011-10-04T02:38:00.000-07:002012-04-05T13:53:35.147-07:00No guarantee one trend in forexPreviously, I thought gold price will be very stable and continue to climb up. Even it falls, I thought it will fall a little bit and then climb up again.<br /><br />Before this I have earned some money buying gold. As a result, I become over confident and buy large quantity of gold.<br /><br />However, gold price falls down sharply and my account balance is almost wiped out. <br /><br />Thanks God it is virtual money. <br /><br />I Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-48907389277426110372011-07-19T05:10:00.000-07:002012-04-05T13:53:35.224-07:00XAU/USD XAG/USD trading strategyI didn't feel gold and silver price will rise forever.<br /><br />As a result, I put sell order.<br /><br /><br /><br /><br /><br />posted from BloggeroidUnknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-29873669435785867112011-07-14T18:02:00.000-07:002012-04-05T13:53:35.302-07:00XAG/USD trading strategyI use the same strategy for gold and silver. Several weeks ago or a few months ago I noticed the same pattern on gold and silver. Their prices increase very much due to euro debt concerns, japans tsunami, etc. I thought their prices will continue to increase thus I made many buy orders. Suddenly the price drop and I have to either make stop loss or holds the order for quite some time to wait the Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-60678612670123137002011-07-14T09:18:00.000-07:002012-04-05T13:53:35.316-07:00XAU/USD trading strategyMoving average is still a very useful indicator though it is very basic and simple. <br /><br />The red line in the picture below is moving average<br /><br /><br /><br />Gold price increases suddenly and i am not aware of it due to i busy and have no time pay attention to euro debt news recently. To me, euro debt news like sea wave. It comes and it goes. <br /><br />Since the price of gold has increased so much already, i don't want Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1687196560426148009.post-65974167541418084862011-07-14T08:21:00.000-07:002012-04-05T13:53:35.394-07:00GBP/CAD trading strategy<br /><br /><br /><br /><br />I feel it is time i shall start writing to educate readers how to trade forex. Anyway, i am not an expert. What i wrote here is merely a suggestion. I am not responsible on profits or losses you made.<br /><br />Look on the pictures above, you can see that i draw 2 trendlines. The one above is called resistance while the one below is called support.<br /><br />I saw the price is near the edge of resistance lineUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-1687196560426148009.post-54477009831996979432011-07-11T09:38:00.000-07:002012-04-05T13:53:35.477-07:0040% return in six months timeHi all, I get 40% return in six months time in forex market. However, it is virtual money. <br /><br />Most of the profits I gain are from gold trading. <br /><br />At the moment I suffer losses in EUR and GBP. However, I still can sustain the losses thus I didn't plan to make stop loss. <br /><br /><br /><br /><br /><br /><br /><br /><br /><br />posted from BloggeroidUnknownnoreply@blogger.com1