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Realities of Forex Investment
Passyson
#371 Posted : Monday, November 03, 2008 1:24:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Entered two trades...

Long EUR/USD @ 1.284260 with a S/L @ .27426 and a T/P @ .29026...15lots

Also long AUD/USD @ 0.68293 with a S/L @ 0.67293 and a T/P @ 0.68693...20 lots

G/L all

@Ngaatu...i will have a look at the email later and post a comment or two...thanks.

Anyone who lives within their means suffers from a lack of imagination
alma
#372 Posted : Monday, November 03, 2008 1:59:00 PM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
wouldn't mind learning more about the trade arcade? If it's interesting,I will see what I can do. As long as you're not promising anyone 100% profits.
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
Passyson
#373 Posted : Monday, November 03, 2008 2:18:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Alma...no one is promising anyone anything...you come,you trade. If one wants to join the trades that the more experienced traders might be entering,it is their prerogative.

I post my trades here,i do make at least 1,000USD per day...i aint bragging about it but the proof is in the pudding. Toni and Ngaatu also have their profit targets per day. We give our advice freely to all. Anyone can benefit from it without paying a single dime. But we also have to teach people to be independent with time...maybe a year or two down the line so that they can also teach other people and before long,we have more people trading and earning a living from forex trading.

Imagine what that would do to our economy in general.

Anyone who lives within their means suffers from a lack of imagination
NGAATU
#374 Posted : Monday, November 03, 2008 3:08:00 PM
Rank: Member

Joined: 5/6/2008
Posts: 107
@passyson i went long in the morning with the AUD/USD with about 30 pips and it has just hit its TP,after almost 2hrs. Looking forward to Long against the Greenbuck for small pips 20- 50 pips,still cautious. The RBA is expected to cut its rate tomorow so i suppose the Aussie may feel the heat a little.

@alma ; I think passyson has explained to you in the right way,a trade arcade will be a place where we will be giving free forex guidelines and advice,yes we mean free so that a lot of guys can benefit.We do not offer any 100% profits or anything in relation,If you will be interested to participate with the experienced traders @passyson @toni @kilabe e.t.c you will be free to participate but if you think that you need to take time as you learn the ropes slowly then it will benefit you. I think @ passyson is not bragging about saying he makes so much money,as you can follow his positions which we always posts before taking a move and you can compare it with your live trading account or a demo. I think its a session where you can get facts and live fundamentals and help you to get into the markets deeply with information,no signals or systems( i bet we have used a lot of them between these traders here and its nothing sustainable in the long run,get to know the facts and sharpen your knowledge).

All this information we will be doing it at free of charge as we think we can benefit more from the market through informed people and more people can get to know the markets with time and benefit a lot out there genuinely. Am telling you with assurance that the free information and skills you will acquire will be practically and consistent and i bet no one out there will even give you 10% of what you will get from us freely and you will be able to compare our knowledge with anyone outthere in the market.

Dont be hyped about paying astronomical figures,signals or systems e.t.c.If somebody tells you anything superior please dont hestitate to forward it to me,toni,passyson or kilabe and for sure we will help you look at its weakness and strenghts and you shall be informed rather than be given honey only.

Have a good trading day


@NGAATU
cckip
#375 Posted : Monday, November 03, 2008 4:17:00 PM
Rank: Member

Joined: 8/11/2008
Posts: 11
Alma,visit www.babypips.com it will help you alot,it is the best website,click on school and start your forex school education,it is free. My advice to you is,after you read all the topics in that website,practise on a demo account for one month,then open a mini account after you feel comfortable trading. Never open a standard account you will get wipe out in few days and you will think forex is a scam.i think a standard account needs like $ 15,000 so you can absorp some losses.

The most risk in life is taking no risk at all
Passyson
#376 Posted : Monday, November 03, 2008 7:49:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Had to close my AUD/USD position @ a loss of 560 dollars...it is a losing position...watching the indicators to see what position i should enter in the New York open

Anyone who lives within their means suffers from a lack of imagination
Passyson
#377 Posted : Monday, November 03, 2008 8:19:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Gone short NZD/USD @0.59008 with a S/L @ 0.60008 and T/P @ 0.58608...20 lots

Also short AUD/USD @ 0.676520 with a S/L @ 0.68652 and a T/P @ 0.67252..25 lots

Anyone who lives within their means suffers from a lack of imagination
alma
#378 Posted : Monday, November 03, 2008 8:53:00 PM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
@cckip,

Thanks for the tip. However,I have been trading for some 9 years and actually wrote most of the articles on baby pips and some other forex websites.......My question is about the trader arcade. i wouldn't mind sharing what I know or don't know. ....As for accounts.If you wish to trade for as long as I have,if you have anything less than 10k dollars,stick to the mini accounts and preferably micro mini accounts from oanda. If you wish to trade a standard account,over 20k dollars and very conservative. .... From experience,you might make money for about a year or two then your world will come crashing down in a hurry...Trust me,I have seen it too many times to count.

by the way,how come this forum does not allow formating when using google chrome?
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
Passyson
#379 Posted : Monday, November 03, 2008 9:24:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
T/P for AUD/USD and NZD/USD achieved...see how the rest of the NY session unfolds...

Short GBP/USD 1.608830 with a S/L @ .61683 and a T/P @ .60483...

G/L.

Anyone who lives within their means suffers from a lack of imagination
Passyson
#380 Posted : Monday, November 03, 2008 9:33:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
That was fast...GBP/USD T/P hit...now i can rest for like 2 hours...will b back later.

Anyone who lives within their means suffers from a lack of imagination
396 Pages«<3637383940>»
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