Recent content by 888

How many pips each month? .............how long is a piece of string. The pips depend on how many lots are traded , the frequency of trades and the win/loss ratio . You will come accross many ego inflating pip tales...........disbelieve them all. As a newcomer , try to work on 2 trades a day...

Regarding collective.com. Yes, they are a meeting place between "analysts" and unsure traders who lack knowledge and confidence. Just think, if an analyst was so good , would he bother to peddle his advice for UDS 60 to 160 per month? He could make far, far more trading himself.

Take care. Try to learn trading and analysis yourself, without reliance on so called systems. Once you have gained the knowledge and confidence you do not need any system. As long as reliance is placed on gurus , systems and automation , no self reliance is possible. Every priest prays for...

Prefer to scalp 5 to 15 pips , in and out . Use 5 min and 1 min chart for these bread and butter trades. Then use another trade platform , use 30 min , 60 min, day charts for longer term trades. 20 to 50 pips. I prefer to take what the market gives me and not be greedy .......

www.briefing.com is best news feed real time for USA stocks,USD 15 to USD 25 per month.

200 day moving average VERY important on FX charts,(all time charts, 1, 5, 30, 60, daily etc.) . The bulls live above 200 , the bears live below 200 . Note how price wants to shoot up when it crosses above 200 and wants to dive when it crosses below 200. JPY prefers 8 and 29 EMAs , CHF...

FXCM DO NOT like scalping. OANDA is OK with that , small spreads 1.5 pips EUR/USD , Synthesis Bank OK with scalping but larger spread 3 pips EUR/USD.