Basic intro info for beginners and refresher for intermediate level traders

[Whitesnake]

Loads of information for the new and old traders out there. i did not have this mind breaking stuff at the start of my trading career.

 

[FringFX]

Hello...
I m a Forex trader trading since 2 years.I am following

different trading method to earn money from Forex. I have join this

forum to share my experience and gain some more knowledge.

In my school time, i was just hating to learn economics but

when i heard about Forex i started to love economics and now guess

what the subject which i was hating the most is now one of my

favorite subject.

currently studying in the University?

I am quite sure I'd been motivated to study if I had more related subjects.

 

[Triantus Shango]

RJOBrien (UK) new platform offering

just learned that RJOBrien (UK) (the US parent company only offers futures) now also has an MT4 solution in place. i guess no one can resist the lure of plucking the retail goose.

BUT, if you can maintain a minimum of 100K/USD daily turnover, eventually increase between 500K/USD and 5M/USD notional, they'll hook you up to their institutional price feed via the FIX protocol. all you need is a charting app that talks FIX and can be pointed at the Integral servers and your retail trading days will be behind you--you will now experience the full power (speed and institutional spreads) of a real data feed.

 

[Triantus Shango]

How to recognize trend inception via bank manipulation of the market

found this page where it is explained why banks run stops and how it is used to by them to create the supply they need for their trades and therefore how we can indentify market moves correcty:

Trading Forex Trend Reversals - End Of Day Forex System

 

[Pharaoh]

Banks running the stops of poor innocent retail traders. Say it isn't so!

 

[joelmch]

Guys, where can I find a private tutor? Paid of course.

 

[Triantus Shango]

check out jarratt davis: Learn Forex Success and Make Money with UK Leading Forex Trader | Jarratt Davis

he also has his own section here of free signals. but his approach is fundamental as he doesn't believe technical analysis leads to consistent profits.

he is a very engaging and worth listening to speaker. 1 of the few guys in this industry that truly seems to be honest, keeps things above board, and has credibility (performance verified by Barclays).

Guys, where can I find a private tutor? Paid of course.

 

[Pharaoh]

Before spending money on a tutor, spend some time (and NO money) going through Forex Military School.

Forex Military School | Complete Forex Education by a Pro Banker - Forex Peace Army Forum

If you still feel you need a tutor after that, at least you can focus on much higher level questions and will should get more value for your time and money.

 

[bigdolly]

just learned that RJOBrien (UK) (the US parent company only offers futures) now also has an MT4 solution in place. i guess no one can resist the lure of plucking the retail goose.

BUT, if you can maintain a minimum of 100K/USD daily turnover, eventually increase between 500K/USD and 5M/USD notional, they'll hook you up to their institutional price feed via the FIX protocol. all you need is a charting app that talks FIX and can be pointed at the Integral servers and your retail trading days will be behind you--you will now experience the full power (speed and institutional spreads) of a real data feed.

I think if you reach 500K you would rather open another forex brokerage firm and start doing risk free business.

Risk free? Look at newbie and pro traders there complaining about their problems with brokers. One wrong step and traders will just run away from you in panic. If I had 500 K $ and was looking for passive income I would invest in professional traders diversifying risks but keeping interest rate on reasonable level. For example I would buy USA bonds, realty, invest in apple or Microsoft or join my broker investment program. Pretty much of opportunity to squeeze out money from everything that encompasses you...

 

[Triantus Shango]

you misunderstand. 500K notional is 5 standard lots, not the actual cash in your account. every time you open a standard lot trade, you're buying/selling 100K.

I think if you reach 500K you would rather open another forex brokerage firm and start doing risk free business.