thread: anyone need help?

I've a sense this is a ribbon noone has posted before. I enjoy helping people. I understand what it is like not to have a clue when it comes to understand where to start with this particular FX jargen. If there's anybody that has questions that they feel are too dumb to ask publically, you can PM me. If there's anything that does not make sense to you, ask. If I don't understand the answer, I'll do my best to find it. I come here everyday looking for the newbie queries to find someone ansered them. I enjoy helping people. There have been so many people...

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Hello men,

I have a scenario that I want help with,

My account is at GBP and I am interested in selling NZD/USD

am I buying NZD/GBP and then selling NZD/USD

So do I cover the price of 2 spreads?

Are my trade funds converted into NZD free of charge and then NZD/USD is marketed

How does this work??

Alex

I'm hoping someone else may help you Zuhair with your question. I know my response was very brief. #8203;

Hello renasdadI have a question for you about oanda and about trading with themI has been with tradestation and sold their own forex accounts to oanda soBy the testimonials seen about oanda and all major brokers I saw allways some people cry that they are scammers etcMy queries areHw long are you exchanged together , also was it successful?How is their own market order executions ? How is their finance withdrawl, does it delay what is their ordinary slippge in term of pips ? And in ? And if I became effective as a trader how many pips a month should expect just an average estimation ? I would be thankful to you if you replyAnd thank you for letting me waste your time that I tried to pm you but it showed me an error so I quoted you

Hi,

Being new to Forex trading I had been wondering if anyone can recommend good brokers for novices?

Due

quote you seem to have done a little research, but I'd suggest that you make an EA from your egy and conduct it in the rear tester, you then are going to see if it's worth continuing with. When it is any good it should show some profit, then from there you need to forward test it. Trade it on demonion for a while, I have created numerous egies I had been sure they would be profitable however after analyzing turned out to be incorrect. Even if a system is logical, it might not work. How big sl doesn't matter in my experience, provided that you handle your risk correctly,...

You are probably right about the EA but that I would not do it since the egy in crosses should be observed clearly there is absolutely no specifiion of when to enter , you enter only once you see a gap between the averages , since if just cross is thought it can generate false signs and also the entire test is 70000 hours plus just 40000 in gold rather than counting those hypothetical trades by my impartial observation of currency pairs from majors to crosses the observation says if it's trending you obtained it when the market is in sideways and makes no feeling it tend to cancel false signs that will generate very low profit or a just above regular losses of the identical system and this system should not have any stop losses due to my ovservation allows say before a big move up the price should proceed down first sometimes up to 150 pips pips Caution eurusd 10/3/2016 at 5 pm it fell 150 pips before that jump, if a signal was generated earlier I would be stopped thats why I dont belive in stoploss order for this system you are going to wind up losing money , just trust the system gives great risk managment and if you're wrong accept the extra 20 pip reduction if a false signal generated so you dont exit wining signs of 300 to 200 pips

quote Tested it initially by simply analyzing past data and being fair with the market and me I am not going to possess a hypothetical entrance because I saw it workedHypothetical entry just of fits the egy .Then I spent two months in excel making formulas and analyzing dataIt worksAnd the variety of trades I examened is more than 1000 trades in 40000 hours of goldAnd eurusd I dont remember number of tradesAnd psycology wise I lost 15k $ before in dwell tradingOne afternoon I lost 3k $ and had been laughing with my buddiesI possess the steal heart simply need the egy...

you seem to have done a little study, but I'd recommend that you make an EA from your egy and conduct it in the back tester,
you then will see whether it's worth continuing with. When it is any good it should show some profit, then from that point you should ahead of time.
Exchange it on demo for a while, I've created numerous egies I had been convinced they would be profitable however after testing turned out to be wrong.
Even when a system is logical, it might not work. How big sl doesn't matter in my experience, so long as you manage your risk correctly,
if you get stopped out by numerous tiny ones or fewer large ones is every bit as poor, the secret is to place your sl in a place where it's protected, not it's size,

I would a SL under the previous bar if you're going long. As the transaction grows, move the SL under the following bar. #8203;

in the event that you examin the egy for lets say a week , you'll find that at volitile times that lets state in a bullish sign when sudden fall in price followed by a solid bullish move you'll be stopped and there's not any bearish cross of the 5 and 15 averages ithink when a market maker enters . This may contridict the rule exit once the bearish cross occur in a bullish move , it is expensive per trade yes if it was a false flag but in the long run it will be cheaper on average to stick with a bearish cross in bullish move and vice versa and will help paycology every time a false flag lits your stop loss and booms on your direction
Consider it this way risk lets say 40 pips to possibly gain a 100 to 200 pips on average it is very okay situation but if you do a stop loss egy based on past candle you'll be stopped alot and will cause frequent losses on wining trades by a diffrence pf 20 pips or 25 consider the charts again and tell me if am wrong , maybe a tp order of 50% of the lots you enter at the ordinary varriance of a single typical to avoid the decline in profit prior to the exit cross is a good lets say you notice on typical price of gold hits 10$ on average until it retraces and provides a higher likelihood of exit cross so for instance you move the tp 8 from the mean every two hours possibly a good egy to squeez the utmost profit by risking low likelihood of future profit to be splitted in half ? What do you think ?

I would a SL below the last bar if you're going long. As the trade progresses, move the SL below the next bar. #8203;

quote Do you have real statistics that your egy is profitable during a very long period of time? How long time? You need a lot of transactions, possibly about 1000 transactions- did you test your ideas? If not, then how do you expect them to become profitable? This is what you need to do, learn what functions more than it do not. You need to get a understanding of money management and risk to reward, these items are very important. You do not need to know any indiors or fundamental things, news, all you'll need is a chart and price, when you've found out...

Tested it initially by just examining previous data and being honest with the market and me I am not going to have a hypothetical entry because I saw it workedHypothetical entry only of matches the egy .Then I spent two weeks in excel making formulas and examining dataIt worksAnd the number of transactions I examened is over 1000 trades in 40000 hours of goldAnd eurusd I dont recall number of tradesAnd psycology wise I lost 15k $ before in live tradingOne day I lost 3k $ and had been laughing with my buddiesI have the steal heart just want the egy that operates only

I'm hoping someone else may help you Zuhair along with your question. I know my answer was very brief. #8203;

If you go to 5 majors plus gold you may detect risk return of 1 /3Perfect entrances and filter several bad tradesIt isn't perfect but no system is60/40 win /loss but due to risk return as its very good Thank you renasdad and if you can give me some thing that may work with it into your opinionAnd stop loss shrewd no stop loss added becuase in this eygy you will be quit alot and tge commerce is perfectThats why I stated only trade at final of this candle it functions that the filtering false exit signs And will create your psycology insignificant But notice that this trading this system should be only when the cross of mv averegase traces are clear because false tiny crosses may happen So what do you believe ?