Recent content by maverick7h

  1. M

    Hedging: looking for some feedback

    Normal, if you have say a short position in a given pair, and then you buy that currency, the positions will cancel eachother (by buying you would be effectively closing your short, and nothing more). With hedging you can have a short and long position at the same time on the same pair. This...
  2. M

    $300 to $30,000 in six weeks trades by proforextrades

    Right. The VT charts are the best free charts I've ever seen, with the most complete set of indicators. Volume is rare indeed for most forex feeds, and yet its a critical indicator. I think maybe the only possible set of indicators you can use to achieve truly lag-free signals need to have a...
  3. M

    CMS Forex?

    And a stable computer :) Seriously though, they have a 3 pip spread on both the EUR/USD and the USD/JPY. If you can afford to trade 5-10 100k lots at a time, you can get an instant pip rebate as high as 2 pips. That means a 1 pip spead. Think of the potential... Also if you use CMS, you can...
  4. M

    CMS Forex?

    I think their stability has been improving recently. They are still growing and trying to become better. They're trying, and they are doing so successfully. They might not be the most stable broker to date but their hedging and pip-rebate features, as well as some other things, makes them an...
  5. M

    $300 to $30,000 in six weeks trades by proforextrades

    Hmm that looks like an FXS chart to me. Don't rely on those pivot indicators. Speaking of indicators, if you're looking for Ms and Ws, you should have bollinger bands, a volume indicator, and a momentum indicator set up. While I agree with your sell signal this time, its because I have...
  6. M

    $300 to $30,000 in six weeks trades by proforextrades

    Let me point out to you all that the numbers used for the $300 to $30000 plan are exactly those in a free ebook written by the makers of www.rapidforex.com. I'll even attach the ebook so you can all compare. Now personally, I have the complete rapidforex.com package, and I do admit their...
  7. M

    What's this Elliot Wave Indicator for the FX market all about?

    The FXCM feed is mostly reliable, however myself and I'm sure anyone else would not ever recommend using a different broker's feed than the one youre actually placing trades with. The quotes will always be different since there is no real central point of reference in the forex market. FXCM's...
  8. M

    Hedging: looking for some feedback

    I'm trying to gather some information on different traders' opinions regarding hedging in forex, any strategies and reasoning behind it in their opinion. Anyone who knows anything about it please let me know what you think. Thanks a lot.
  9. M

    What's this Elliot Wave Indicator for the FX market all about?

    FXCM's free desktop charting software Marketscope contains the three elliott wave indicators you need. Download that chart; the EWN, EWT, and EWO are the last 3 indicators on the list. Hope this helps.
  10. M

    Do your research before placing a trade!

    Regarding EUR/USD, the trend IS still down, but I think psychology will prevent too much more downward movement. I see two possibilities for a W-bottom to form. I can't say if a W or a neckline break is more likely right now, but if it does turn out to be a W bottom, upward strength will be...
  11. M

    Free signals on majors -by stormygold

    That there was a particularly good call stormy. Keep up the good work!
  12. M

    What's this Elliot Wave Indicator for the FX market all about?

    Maverick, Thanks, so much, for your observations and insights into this company's products. I look forward to purchasing and using them. In your opinion, is one of their products better than another to begin with? Thanks again. Really appreciate your input here... Mark PM sent. Let me...
  13. M

    What's this Elliot Wave Indicator for the FX market all about?

    yes and no I would recommend the advanced options material. One of the biggest reasons people fail trading forex is not their lack of education or intelligence, just their lack of discipline and their difficulty sticking to a system and not acting on emotions. IMO, the advanced options...
  14. M

    What's this Elliot Wave Indicator for the FX market all about?

    i was also surprised by the legitimacy of rapidforex.com. the advanced options strategy has particularly paid off for me, it best suits my "personality needs", but i wouldn't recommend trading for real money using only the elliott wave system, just too much lag in my opinion. im also a...
  15. M

    epiphany

    I'd be interested in this to, if you would please.
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