Forex Forum - Ask-an-Expert - GoForex - 8,9,10,11,13 http://www.goforex.net/forum/ en Tue, 09 Feb 2010 12:38:09 GMT vBulletin 60 http://www.goforex.net/forum/images/misc/rss.jpg Forex Forum - Ask-an-Expert - GoForex - 8,9,10,11,13 http://www.goforex.net/forum/ EA Problem: Demo vs Live Account. Please help me? http://www.goforex.net/forum/showthread.php?t=2134&goto=newpost Mon, 01 Feb 2010 05:01:16 GMT Don't have anyone reply for me :(.
Until now, i haven't solved that problem. I tested any my EAs in the live account of GTO-Real server with using MT4. My EAs didn't run normally and got the error 133 when executed the Ordersend or OrderClose.
Here i uploaded my simple EA for close all orders. It run good all demo account, but it get the same problem with other EA.
You can see it and show me my error. Thank you very milk.
i'm looking forward to hearing form all you.
Attached Files
File Type: zip CloseAllOrders_AllSymbols.zip (786 Bytes)
]]> jackyhung12345 http://www.goforex.net/forum/showthread.php?t=2134 Trading using multiple EAs can help make money http://www.goforex.net/forum/showthread.php?t=2135&goto=newpost Sat, 30 Jan 2010 18:34:14 GMT Hello members, From my own trading experience,I discovered that using many Expert Advisor can really help in making money in the forex market.When... Hello members,

From my own trading experience,I discovered that using many Expert Advisor can really help in making money in the forex market.When you have different Expert Advisor,you can share the risk accordingly and make money.

I have been using this system to make good returns on my account and I think its really working fine for me.Its not just using EAs but using a well tested EAs both backtesting and forward testing.

You can check my mt4live statement to see what I am talking about.

http://rafnet.mt4live.com

The aim of the account is to really see if truly EAs can turn $3k to $1M in one year.

Join me in this great project.Pls,do not ask for the names of my EAs.Its not for commercial purposes.

Thank you ]]> rafnet http://www.goforex.net/forum/showthread.php?t=2135 Broker or Not to Broker?? http://www.goforex.net/forum/showthread.php?t=2126&goto=newpost Sat, 30 Jan 2010 18:29:10 GMT Yes, you need a broker that offers the MT4 trading platform and probably also a VPS system to allow it to run 24 hours a day without the risks... Yes, you need a broker that offers the MT4 trading platform and probably also a VPS system to allow it to run 24 hours a day without the risks associated with your own private connection. There are several well regulated brokers (brokers in this sense are "market makers" or "l'quidity providers") you can use without worrying about them worrying about your EA. Probably better to worry about your EA not trading away your money. ]]> Beginners Forex Forum DrForex http://www.goforex.net/forum/showthread.php?t=2126 any good ways of making money http://www.goforex.net/forum/showthread.php?t=2129&goto=newpost Sat, 30 Jan 2010 18:28:37 GMT I am sorry to hear about your predicament but the answer probably does not lie with forex trading. I am sorry to hear about your predicament but the answer probably does not lie with forex trading. ]]> DrForex http://www.goforex.net/forum/showthread.php?t=2129 Forex Automoney- Any good ? http://www.goforex.net/forum/showthread.php?t=2133&goto=newpost Sat, 30 Jan 2010 14:12:04 GMT Hello there, would like to take the opportunity to say hello to everyone on the forum, adn than you in advance for any advice I might recieve, (I... Hello there, would like to take the opportunity to say hello to everyone on the forum, adn than you in advance for any advice I might recieve, (I certainly need it;))

I was thinking of getting into Forex on a part time basis initially, with a small investment to see if it's a viable optio for me. Whilst researching on the internet I came across a system called "Forex Automoney", which claims to make the whole process easier by sending market signals on a daily or weekly basis.

The question is, has anyone used this system, does it work etc ?

Any advice would be gratefully accepted, also general start up advice !:)

Many thanks in advance.:) ]]> Beginners Forex Forum lcortez http://www.goforex.net/forum/showthread.php?t=2133 Can you make money trading FOREX ? http://www.goforex.net/forum/showthread.php?t=120&goto=newpost Sat, 30 Jan 2010 14:05:26 GMT i think it is possible to make money with trading forex. But since I am not yet doing that, i answered I do not know yet. If forex is not a good way... i think it is possible to make money with trading forex. But since I am not yet doing that, i answered I do not know yet. If forex is not a good way to make money then why are there so many traders? why do a lot of people want to try this? a gamble perhaps? That was what I thought at first but I realized that if that is the way I think about forex then I might end up as a loser. so aside from learning the basics, which i am currently doing, I understand that I also need to learn about money management, controlling my emotions and sticking to a demo account until i am comfortable with my platform and trading skills. I do not know how long will that take but hopefully, the market won't beat the crap out of me;-) ]]> jollibee56 http://www.goforex.net/forum/showthread.php?t=120 FapTurbo http://www.goforex.net/forum/showthread.php?t=2046&goto=newpost Sat, 30 Jan 2010 13:54:31 GMT If EAs work, there will be no taxi drivers in the world, no bus drivers, no truck drivers, no street cleaners....everybody will be playing golf and... If EAs work, there will be no taxi drivers in the world, no bus drivers, no truck drivers, no street cleaners....everybody will be playing golf and come home rich. The only people who make money are the ones selling those dumb EAs to dumb traders. Don't waste your time day dreaming. ]]> lynx http://www.goforex.net/forum/showthread.php?t=2046 Micro trading http://www.goforex.net/forum/showthread.php?t=1425&goto=newpost Sat, 30 Jan 2010 13:50:13 GMT ---Quote (Originally by ingenix)--- I am a novice in the world of Forex - but just doing a lot to research and playing with Demo account before i...
Quote:
Originally Posted by ingenix (Post 3465)
I am a novice in the world of Forex - but just doing a lot to research and playing with Demo account before i open a Live account
I have some questions:

1. In the US i would like to trade in micro account first.
2. Can you please let us know good brokers and their website where i can trade in forex in an micro account
3. What are the hidden things that i need to look before signing in an account?

Thanks
Nathan - Minneapolis - USA
You don't even need to risk trading with micro lots. At Oanda, you can trade with as little as $1 (yes, one dollar). Even if you lose 1000 pips, your loss is only $10. Btw, if you manage to lose 1000 pips in a week, don't bother to take up trading. You will never make it. ]]> lynx http://www.goforex.net/forum/showthread.php?t=1425 Forex Guru http://www.goforex.net/forum/showthread.php?t=1263&goto=newpost Sat, 30 Jan 2010 06:39:13 GMT Jack Crooks? His name says it all. You still want to go to him? Good luck, suckers. Jack Crooks? His name says it all. You still want to go to him? Good luck, suckers. ]]> lynx http://www.goforex.net/forum/showthread.php?t=1263 Best FX Trading Platform http://www.goforex.net/forum/showthread.php?t=1472&goto=newpost Sat, 30 Jan 2010 06:08:35 GMT ---Quote (Originally by Mr.Market)--- Hello All, I was wondering what are some of the best platforms that you have used. Robert ---End...
Quote:
Originally Posted by Mr.Market (Post 3570)
Hello All,

I was wondering what are some of the best platforms that you have used.

Robert
Unlike your previous trading, FX is a different animal. It is totally unregulated, which means FX brokers have the honor, privilege and obligation to rob you in broad daylight. And the law is on their side. Why do you think they offer you so many freebies? ...to lure you into their parlour.
So it is vital that you get yourself a reliable FX broker. I strongly advise you to trade with Oanda. Unfortunately, Oanda has extremely primitive charting; so make use the free, excellent MT4 charting facilities and trade with Oanda. You get the best of both worlds. ]]> lynx http://www.goforex.net/forum/showthread.php?t=1472 Andrew Forex Trading System http://www.goforex.net/forum/showthread.php?t=2108&goto=newpost Thu, 28 Jan 2010 03:54:06 GMT Dear friends! I am glad to represent you an aggressive version of my trading system Andrew Forex.

My trading system ″Andrew Forex″ (an aggressive version)


Aggressive trading can be much more risky as well as more profitable. It is strongly recommended to master in practice a classical version of my trading system ″Andrew Forex″ before
(For those who are spoiling for a fight!)


Currency pair: any, but better cross-pairs that give good trends
Time frame: any, but usually 4-hour
Indicator: Supertrend

Entry rules

Buy:
a) when a Supertrend line is green. A position should be opened by the execution of a pending order. The order is placed on the upper point of the first candle (bar) which is closed above the Supertrend line.
b) when a Supertrend line is red*. A position should be opened by the execution of a pending order. The closing price should be going above the Supertend line. The order is placed on the upper point of the market extremum, which is formed after the first rebounce of the market downward (when the closing price is lower than the previous one). That is one should wait untill the price exceeds the point of upper extremum, and only then buy. However, if the price fails to exceed the level of extremum, one should wait. After the formation of a new point of the market extremum, the order should be moved to that point.
*Annotation. If the color of the Supertrend line is changed from red to green until the actual entry into the market, the order should be placed on the upper point of the first candle (bar) which is closed after such a change of the Supertrend line color from red to green.

Sell:
a) when a Supertrend line is red. A position should be opened by the execution of a pending order. The order is placed under the lower point of the first candle (bar) which is closed under the Supertrend line.
b) when a Supertrend line is green*. A position should be opened by the execution of a pending order. The closing price should be going under the Supertend line. The order is placed under the lower point of the market extremum, which is formed after the first rebounce of the market upward (when the closing price is higher than the previous one). That is one should wait until the price exceeds the point of the extremum, and only then sell. However, if the price fails to exceed the level of the extremum, one should wait. After the formation of a new point of the market extremum, the order should be moved to that point.
*Annotation. If the color of the Supertrend line is changed from green to red until the actual entry into the market, the order should be placed on the lower point of the first candle (bar) which is closed after such a change of the Supertrend line color to red.

Market entries without placing pending orders are not recommended.
Pending orders for market entries are placed with the regard of the amount of the spread and additional 3-5 pips.
Pending orders can be cancelled after the change of the color of the Supertrend line or after placing the pending order in the opposite direction.


Exit rules

I exit when:
1. The price touches the Supertrend line, or
2. The Supertrend line changes its color, or
2. The price touches the first line of the Fibonacci fan. The Fibonacci fan is constructed from the point of the market extremum at the beginning of its movement and up (or down) to the opposite extreme point of the current market, that is, from the bottom to the top of the movement (when buying) and from the top of the movement to the bottom (when selling). It is important not to confuse: the Fibonacci fan is constructed not from the market entry point, but from the point of the beginning of directional movement or trend (up or down). Fibonacci fan line, which is closest to the price, serves as the exit level. And the exit order should be moved on this line.

Stop-loss is set:
1. Under (above) the extreme point of the signal candle (bar), or
2. Under (above) the nearest extremum of the market, which exceeds the Supertrend line in the opposite direction, or
3. On a Supertrend line, or
4. Below the nearest price swing.

A stop-loss order is placed with the regard of the amount of the spread and additional 3 pips.

The following money management is recommended: either not more than 10% of the capital per trade with the regard of the assets diversification (not more than 1% for one currency pair per one trade), or a progressive system (e.g. Fibonacci or semi-martingale). Martingale is not recommended because it is far too risky in case of the lack of capital after several consecutive losing trades.

Adding is possible solely to profitable positions after the each rebounce in the direction of the current trend.
Attached Images
File Type: jpg Andrew_Forex_EURJPY_aggressive.jpg (73.1 KB)
File Type: jpg Andrew_Forex_CAD_aggressive.jpg (85.6 KB)
]]> Technical Analysis Andrew Forex http://www.goforex.net/forum/showthread.php?t=2108 How to obtain resistance and support effectively http://www.goforex.net/forum/showthread.php?t=1199&goto=newpost Mon, 25 Jan 2010 10:52:05 GMT IF anyone need indicator for automatic fib and resistant point, i have indicator for that, it will show on your chart automatically IF anyone need indicator for automatic fib and resistant point, i have indicator for that, it will show on your chart automatically ]]> Technical Analysis jossyfx http://www.goforex.net/forum/showthread.php?t=1199 Basic question http://www.goforex.net/forum/showthread.php?t=1884&goto=newpost Mon, 18 Jan 2010 03:23:06 GMT ---Quote (Originally by johnnylu)--- Hi everyone, i just register in the forum and would like some help. I am thinking of starting forex trading...
Quote:
Originally Posted by johnnylu (Post 5473)
Hi everyone,
i just register in the forum and would like some help. I am thinking of starting forex trading and register for a demo account but i can't seem to get the parameters for the buy and sell amount.

I was told that when the market start going up that's when you get in which is what i try to do and then i can decide when i want to get out. But every time i try to start my trading i keep getting an error message stating invalid SL / TP. Your help is greatly appreciated.Thanks in advance.
You give very little information but it sounds like you are making use of entry orders and you might have the side of the take profit and stop loss all mixed up.

Just consult the online help of whatever platform you use. ]]> Beginners Forex Forum DrForex http://www.goforex.net/forum/showthread.php?t=1884 Stock FA V.S. Forex FA http://www.goforex.net/forum/showthread.php?t=1997&goto=newpost Sun, 03 Jan 2010 08:15:16 GMT thanks for sharing useful information thanks for sharing useful information ]]> Fundamental Analysis stock-market http://www.goforex.net/forum/showthread.php?t=1997 Aud/Cad http://www.goforex.net/forum/showthread.php?t=2092&goto=newpost Sat, 02 Jan 2010 00:24:08 GMT I am reading an uptrend on this currency technical point of view. Does anyone see this declining back to 90 in the near future or so regardless of... I am reading an uptrend on this currency technical point of view. Does anyone see this declining back to 90 in the near future or so regardless of its current price now?:rolleyes: ]]> pipminer http://www.goforex.net/forum/showthread.php?t=2092