Learning Cycles For New Traders - page 25
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Meta Trader 4 is the best platform , Northfinance & IBFX use MT4
also FxEgypt Broker use MT4 and have 2 pips spread on Eur/Usd and Usd/Yen the default leverage is 1:200 but you can raise it to 500
Can anyone tell me what platform is the best? Small spread, good on news?
you will not find a metatrader 4 broker good on news ( i mean small spread)
if you are news trader i sugest you dukascopy.com they also have slipage control
Meta Trader 4 is the best platform , Northfinance & IBFX use MT4 also FxEgypt Broker use MT4 and have 2 pips spread on Eur/Usd and Usd/Yen the default leverage is 1:200 but you can raise it to 500
How can I raise the leverage to 500:1 !?
High Leverage
Also, where can I get a high leverage. Preferably more than 400:1?
Thank You..
Dan.
I have been with several brokers. Some are crooks. Some just ok. I like IBFX because they have mini accounts and use MT4 Platform which I need for my EA's to work.
They also give you 400:1 leverage if you sign up using the right IB link and are using a decent hedging system. Good swap rates. bad news is they have a variable spread that can be a drag. The eurusd runs between 2-4 pips which is fine but the gbpusd can be outrageous during news and on market open. They have decent up time too.
Overall they have been the best as far as I am concerned.
My 2 centsCan you please provide such link to get 400.1.
FXIndia.org provides 1:500 leverage at MT4 plattfrom.
Can you please provide such link to get 400.1.
www.northfinance.com
NO india or egypt there =)))
Holy Grail Part 2
Guys, I have back-tested this for a month. The month of march, 2007. This took me forever! It was worth it! I am making a new live account, $3,000
($2,000 recommended). And I plan to see a 100% return each month. Guess what happen on the exact step-by-step backtesting? I won +3,570 Pips! That is more than a 100% return! Next month, I trade 1 lot higher, which would give me +6,000 Pips!
Here are the results : Usd/Jpy only backtested.
-27
-26
+100
-27
+49
+48
-02
-26
+100
-27
-26
-04
+153
-02
+49
-27
-26
-50
+153
+48
-27
-26
+100
+48
-27
+49
-02
-26
-50
-06
+260
+48
-27
+49
-02
+49
-02
-02
-50
-72
+260
-02
+49
-27
-26
-04
+153
-27
-26
-50
-72
+260
+48
-27
-26
-04
+153
-27
+49
-27
-26
-04
-06
+260
-02
-02
-50
-72
+260
-27
-26
-50
-06
-115
-176
+702
-02
-26
+100
+48
-02
-26
-04
-72
+260
+48
-27
-26
-50
-72
-115
-176
-273
+1,155
-27
+49
+48
-02
+49
-02
+49
+48
+48
-27
-26
+100
-27
-26
-04
-72
-10
-16
-26
-420
+1,904
Total = +3,570 Pips
This was only UsdJpy, what about GbpUsd, EurUsd, and other pairs???
That's a lot of money.
This is a mechanical system, and it works anytime, anywhere! You can enter with this system anywhere in the market, anytime! You will win. Also, if You have'nt noticed; The more times it goes againts You, the more You win at the end.
As of May, I am in +2,378 Pips so far, on 5 currencies! Still 21 days to go! We'll see the gain at the end of May, 2007! But, unforuantely, we'll only see the gain at the end of May for only 1 currency, because it would take me days for other currencies! I just recored 5 currencies for 10 days (+2,378 Pips).
So What do You think? I might reveal this method...in 1 condition...I need to avoid consolidations....rectangles....flat market...you know? Maybe an indicator or something? It can lag, but not too much. Thanks for your time,
Dan.
Sure there is a very good well known indicator to avoid flat market, but first I need to know where is part 1 ? who have the first Holy and what happened to it ?
and where is the statement ?