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Anyone here into FOREX?
- Thread starter Music_Producer
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No, you're just wasting your time with those, IMHO. Unless you are talking about autoclickers for news trading which can be useful only under certain circumstances, but they're really not viable anymore.
Anyone here still into forex? If so maybe can share trade ideas
Wow!
This is really an old thread revival!
I'm not playing in the market anymore as I lost my A$$.
Not sure about anybody else.
Are you playing or just trying to learn now?
Are you making money?
I lost over $30K
I'm looking at options and just plain stocks these days.
Are you making money?
I lost over $30K
I'm looking at options and just plain stocks these days.
That's a lot of dough to lose
I feel for you man. I think in forex everybody will lose at one point but its what you do after that matters. Yes I'm doing quite well now. Thanks for asking.
That's a lot of dough to lose
I think in forex everybody will lose at one point but its what you do after that matters. Yes I'm doing quite well now. Thanks for asking.
Good for you!
Which service are you using?
Are you trading the news?
Too bad there's no PM's here otherwise I can show you some charts and perhaps share some helpful Ebooks
I use IBFX and GAIN as brokers. I was with Oanda in the beginning but I prefer using MT4 as there's just so much more you can do with it and really helps with my analysis.
I dont trade the news anymore although I used to but since I learned to do tech analysis it is much more stress free than trading the news.
We have PM's here.
I'm curious as to how you found this thread?
Looks like you just joined today.
Well I was just looking for anything FOREX and had a buddy wanting to learn more about forex and we got into discussion regarding EA's. I'm not a programmer but am a quick study. I was just googling Forex , Expert Advisors and FX Strategies and ran into this forum here.
To be honest and a bit embarass to admit.
I didnt even realized it was an old thread. LOL Otherwise I would have probably just moved on. It's not necessarily a dead thread, the people in it just seem to have gotten quiet the past few months. I was actually wondering about them because I used to read their replies every day. I learned a lot from babypips.com. While I don't currently trade with real money (I'm a very poor student) I have an account with Oanda and use their platform for practice. I don't honestly have enough time to trade the news and have been looking more towards long term swing trades based on technicals.
Do you do more technical analysis or fundamental? News is much too stressful, even if I had time to check it.
Do you do more technical analysis or fundamental? News is much too stressful, even if I had time to check it.
I'm more into Tech analysis and currently trying to improve on Elliot Waves
I had Oanda as well but MT4 makes for better trading for me. JMHO of course.
MT4 is Meta Trader 4. Nice platform ,it is just better for me than Oanda just for the simple fact it has more indicators available for traders and chartists. It also has an Expert Advisor feature where you can create or program your trading strategy and have it trade for you automatically. It uses MQL language. Though I dont know anything about programming, I'd really like to learn as most say it is not that hard if you're willing to learn it. plus I can also get someone to code for me if I chose.
There are many brokers that uses MT4. Myself I use both IBFX and Gain Capital.
Nothing to excuse my friend. I wish someone helped me as well but it was hard as I didnt know anyone then and I had to learn by myself. I'm happy to help anyway I can.
I just want to know one thing. Do you trade using MAC? Mind to share with me your trading setup(using MAC)?
Ah, the good old Forex Thread, this takes me back. Glad to see some people are still trading. I myself have focused more on commodity futures trading as well as day-trading stocks - not much forex anymore. I've been really busy in general with other interests and investments lately (rental properties, etc.) so I simply haven't had the time.
Glad to see there's still an interest though! Good luck to everyone, this thread is a great resource.
Glad to see some people are still trading. I myself have focused more on commodity futures trading as well as day-trading stocks - not much forex anymore. I've been really busy in general with other interests and investments lately (rental properties, etc.) so I simply haven't had the time.Glad to see there's still an interest though! Good luck to everyone, this thread is a great resource.
I am now currently using XP for my trading. The MAC now belongs to my daughter who is in her 2nd year of University and is in her room and "no one else is allowed to touch it".
For some reason my platforms works better with the XP.
I've been reading some reviews around the place and read some bad ones about Interbank FX. Yes, reviews of every other broker are full of horror stories, too, so it's hard to get an honest opinion. What's your opinion of them? How long have you used them? In this thread Music_Producer thought he'd found a good broker that then seemed to make life difficult for him (though he was trading the news).
I'm sorry, I don't understand the finer details, but is the fact that IBFX uses MT4 a guarantee of some sort that the feeds and prices are accurate and honest? What's the difference, say, between using MT4 with IBFX and the Oanda software with Oanda (apart from being different software)
I appreciate that. Many thanks.
I've heard the stories about IBFX also. I've been with IBFX for about 4 yrs. now and I was with Oanda before that. I left Oanda because of the MT4 platform and most of all was the ever changing spreads were just too ridiculous for me.
I dont think you can attach the word honest with either one of them with what I've seen of them and any other for that matter. Gain I've just started using and so far so good but still I've come to realize that everyone of them are just the same in their practices.
I also trade a large account but its an institutional acct so its different.
I will have more time later on and i can expand on my experiences with Oanda and IBFX. I've just accepted that its all part of doing business.
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