k, so I was having this chat with my mate and he was bragging about how much he made in the forex market so I decided to have a look at it. But on closer inspection, I found out that forex trading is extremely volatile, even beyond my imaginations. It is not that I do not like volatility (in the past I have made a nice little fortune by making some speculative moves using derivatives) but I want to make trades which compensate me well for that high volatility.
Furthermore, forex leverage will not do any good for small players like me. I am not looking to put most of my money in forex, just a couple of hundred bucks.
I have also studied some of forex strategies such as fibonacci but most of them rely on trends. This suggests that, if a trend goes down and so will I.
Here are some questions which I am confused about
1) Are there any strategies which do not rely on trends and more on sound decisions?
2) Is there any way through which I can quantify my moves (again disregarding trends)?
3) Can minuscule investors like me make some significant money in the forex?
4) Is it worth the time or should I just stick with equity & commodities?
Thank you
Yes flasii. I already know forex is volatile and I am novice at forex but I am not new to volatility. I am not asking about how risky this market is but how can I make my forex decisions rationale and dependent on solid foundations.

Happy Christmas and New year to all.

I’m learning about forex and the book that I am reading (Forex for Dummies) mentions rising 10-year government bond yields as a possible indicator of a currency that may be on the way up in relative value. The logic is that the increase in bond yield indicates a rising economy and therefore a greater possibility of an interest rate increase at some point in the future in order to keep a tab on inflation. Therefore more buying interest in the currency now and a rising relative currency value.

The link that I cannot make is the link between the rising economy and the rising bond yield. Is it because people are dumping bonds and buying stocks instead, thus pushing the bond price down and the relative value of the yield up. Or what?

Thanks.

…. indicators used, typical stop loss level, typical profit limit level, time frame for trade, etc..) I don’t care if you trade on the long term or short. I JUST NEED SOME HELP, and there is just so much GARBAGE on the net claiming to Be winning strategies, but I am already too old, and I don’t have the time to waste trying to figure out what works. I need to go DIRECTLY to what works!

I know that no strategy is garunteed, but can you tell me what is working for you!

THANKS!!

I trade the GBP/JPY, and have fantastic technical indicators already set up. However, I still need some good sources that might point out "the mood" surrounding this pair on any given trading night. I already use Forex Factory, and sometimes go to Bloomberg.com, but I’ve found that Bloomberg is not a great source of info for either of these two currencies.

Does anyone know where I can get good info on the Pound and/or Yen? I only speak English and Spanish, so sites in Japanese won’t do me much good.

Thanks in advance for your advice.

I’m Looking at a few systems out there and i’m thinking about purchasing centralcps , from what i see in there free videos there method seem straight forward and realistic and just wanted to know what type of post support they provide there members and other benefits i might obtain from this company central cps. it looks like they also have a strong brand name and other forex related tools that seems to be well made like Black Box And Octave. not just videos and basic indicators but actual software thats can run on other market besides forex like stocks , energy , futures and more… waiting for responses from actual users. thanks !

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Can someone advice me what these statistics stand for and how to calculate what profit or loss from these statistics. Assuming one has invested 0 on 12th November 2010 – how much profit or loss would have made. The indicators are as following:-

Current Profit 1483.04%
Maximum Relative Profit 1198.33% (16.11.2010)
Maximum Relative Loss 90.79% (13.10.2010)
Maximum Daily Profit 113.24% (05.10.2010)
Maximum Daily Loss 53.88% (11.10.2010)
Average Daily Profit 50.29%
Average Daily Loss -40.29%
Daily Profit Volatility 46.96%
Recovery Factor 9.56

The above indicators can be found at http://www.alpari-forex.com/en/pamm/info/id/198534/

Thank you.

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how to win trading forex. I look at macd and hv been losing $. and where to find economic indicator and how to know the time it will be updated and will it immediately affect the price fluaction immediately? tks

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I just found out recently from a friend of mine that the present forex rate in the Philippines is 46 pesos to a dollar. Do you think that this trend is gonna continue? Will the peso keep going up and the USD keep going down? Or is this just because of the Iraq war? All of my savings in the Philippines are in US dollars. I put them in when it was still 50 to 1$, so I’ll definitely loose a lot if this goes on. I just want your opinion. I’m thinking of just changing all my savings to pesos. Would that be a good idea?

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Hi, i am technical analyst.. i have developed certain indicators that has 80% accuracy.. i want to start trading on higher level and for that i need a proper approach towards investors in various fields so that they can bank on my talent and allow me to trade for them. So since you are Boss how would you react it? I am looking forward to fix up some meetings and do you really think i can crack-up.. Do you think such talent needs to be given a chance. the indicators i have developed they require huge investments and great money management plan that i already have. So can you pls put your views on it and give me some tip for the scratch. thanks.

hi im about to put in 800 dollars into sogotrade. i will be adding 200 400 every 2 weeks im 19 years old and have a min wage job but dont have any bills to pay as of now next year ill get a car so i can go to college but my account im a trend follower and for the past 5 1/2 years ive been lving trend following stocks futures forex. but stocks is where i had the best lower risk results i had a good understanding on forex but the risk was too high and i ended up always getting stopped out even though the trend was going my way. but stocks i can put hundreds into a stock using trend following cutting losees and letting profits run until pull back… this is my main goal in life to become a multi millionaire maybe billionaire one day lol…. what are your thoughts? keep in mind i never was aparty kinnda guy and i stick to the plan i used to be a petty criminal burglar until i did some time and even in there i read read read lived i mean completely lived the stock market i taught myelf alot in just 1 year of incarceration. the reason i was a burglar lol was because the market crashed and i needed money so i could buy buyb uy but i didnt have a job at the time and been trying to get one never did. now im in a better position where i dont have to steal. thank god. but even as a thief i always went through with my plan.

hi i was shown by next gen trader a desktop signal software for forex on bet on markets to me i think the system is 9grand to much is their similar to that or what other indicator i can use on mt4 for say 2 min betting

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Can any experienced trader give their experience of which technical indicators they use ?do you use those indicators for hourly or weekly or daily or 5 min?

Please teach me your experiences of indicators usage and all the measurments you used….

Thank you.

this stylized fact is good for the past 5 yrs! so I think it represents a trend? I’ve been using this super simple principle to do Forex trade for a while and received substantial gains!

Forex trading indicator

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Its just a demo account btw. I go with the trend, and the trend is still on but I see my losses go from 20 to 30 to 100 in just a few minutes. Then at times I purposely do the opposite of what I think I should do, but I still lose right off the bat. I dont know what the deal is and I was wondering if someone could throw some light. Is it the spreads that cause me to lose right away?
To give you an example, I just made a trade and it got executed about 20 pips against me. Now theres no way the spread is so high right? So is just that the demo Im using is crappy? Im using OANDA fx game.

You know, i’ve been trading for at least more than 2 years. Literally, i’ve been sitting on the computer at least 6 hours a day. There was not one day, that I didnt sit on the computer studying the market. I’ve bought many things, and got scammed with my money. I’ve deposited money that was my monthly’s salary, and lost all of those money, down to less than a dollar. I’ve tried every indicator there is. I retested one month, last month, thought it would refresh my mind, and give me good ideas. No, not at all, it didn’t help. So, is threre anyone out there, that could help me? I promise, if you want me to keep it a secret, I will be glad to, I promise. But, if you want me to spread it, I will too. I keep promises, trust me. Right now, I am writing and studying the market, losing 0 on a position right now.

I don’t know what to do. Can anyone out there, be really nice to someone in need, I would be the happiest man in history. I am in huge debt, I don’t know what to do. Please!

Forex and Stock Traders that have success. I know that You won’t tell me how to actually trade Your system or method, but i am just saying,….it would be a really good thing if You did. You don’t know how I feel trading for 4 years, everyday, trying out differnet methods. none of them work. I’m just saying it would be a really goo dthing if You told me. I am in such stress right now, and please, don’t tell me to take a break from Forex. Do You remember when You first started trading FOREX? It was really hard. And then, You found something, a secret of the Market trading. Well, I am using all differnet kinds of indicators, methods, systems, advices, and they don’t work. Please, I don’t want to quit with 4 years of wasted time in my life. Just send me an email….Dan7974@yahoo.com

Thank You.

p.s. again, I would be very happy if someone owuld help me.

Hello.

Does somebody know how much does the bid and ask prices and the spread increase during a trend, whether uptrend or downtrend.

Is just that my timezone avoids me from seeing the BIG movements, and I think they increase tremendously.

Please, just give an idea. Maybe you saw a trend and saw the bid/ask price for the EURUSD increase from 1.0369/67 to 1.0312/17 in a trend.

Any contributions are highly appreciated. If you remember, please include the currency pair and an aproximate date.

Thanks to you all out there!

Hi,
Can anyone please tell me the Best Forex Trading Workshop in Bangalore. Please also suggest their style of trading i.e Candle stick patterns, Technical indicators etc

Thanks

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after placing certain orders all of the sudden the market is not moving like it was. It kind of leveled out…what happened? WHy did this happen? i am looking at the pre graphs and this trend isn’t shown anywhere. What happened? It all across the currencies

why following all technical indicators person still lose I am tired.

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In forex exchange, will the USD/CAD trend to up?

I get the impression that most trading systems available are based on combinations of indicators. But since indicators of all lagging it has been suggested that price action is a better bet.

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