Search found 40 matches

by patriotstef
Tue Feb 15, 2011 7:04 pm
Forum: beginners forum
Topic: Can someone define and explain "price action"?
Replies: 66
Views: 36477
Gender: None specified

Thanks guys for all your input... but I've long since given up on forex since we last spoke. I just got this email saying that this thread had a response, but TRO can close it if he wants since I won't be coming back here, or to any forex forum or any other market forum from here on. I'm glad you gu...
by patriotstef
Tue Jan 05, 2010 5:26 pm
Forum: beginners forum
Topic: Ok, let's see if I got the whole "NeverLoseAgain DTB&qu
Replies: 3
Views: 2974
Gender: None specified

Ok, let's see if I got the whole "NeverLoseAgain DTB&qu

Hi guys, knuckleheaded noob #1 at forex here to bother you again... I was speaking to cosmoe1 at the Two Percent Club chatroom on paltalk.com the other day, and he was giving me a rundown of the Never Lose Again scenario. Now, above all else, what I'd like to do with this thread is reduce everything...
by patriotstef
Mon Dec 28, 2009 11:49 pm
Forum: beginners forum
Topic: Who takes from whom in foreign exchange?
Replies: 1
Views: 2050
Gender: None specified

Who takes from whom in foreign exchange?

Hello guys.... well if this isn't a question that defines a NOOB.... I hear that forex takes money out of some trader's hands and puts it into other trader's hands. But then there's "DRAIN THE BANKS"... so are we taking from the banks making bad trades? If you bought about $5000 lot sizes,...
by patriotstef
Thu Dec 17, 2009 6:57 pm
Forum: beginners forum
Topic: What is the ultimate strategy for the GBYJPY?
Replies: 4
Views: 2937
Gender: None specified

What is the ultimate strategy for the GBYJPY?

Hi guys, Well, I'm STILL trying to make forex work for me. I wanted to know which, if any, of the DTB systems do best for the "Guppy". This pair is different from all the rest and do not exactly follow the same patterns the other currencies do without going way too far in the opposite dire...
by patriotstef
Wed Nov 25, 2009 7:34 pm
Forum: general
Topic: NFA is reducing leverage to only 100:1 in America
Replies: 18
Views: 10815
Gender: None specified

Ok, who do you guys here use for what I'm talking about? I assume you guys are on Europe's trading brokerages?
by patriotstef
Wed Nov 25, 2009 3:37 am
Forum: general
Topic: NFA is reducing leverage to only 100:1 in America
Replies: 18
Views: 10815
Gender: None specified

Yes thank you, Humble.... that also. Well I've looked at that MBT broker that TRO likes, but others have told me that MBT is garbage. I've looked at ODL securities, but you need $2000 to start with. I hear Oanda has a chart software that keeps crashing. How's Alpari? They look like what I'm searchin...
by patriotstef
Tue Nov 24, 2009 3:23 pm
Forum: general
Topic: NFA is reducing leverage to only 100:1 in America
Replies: 18
Views: 10815
Gender: None specified

So yes patriot, you can live in the U.S. and have a brokerage account opened in Russia if you choose. If that firm offers 800:1 leverage and you want to assume that, then go for it. Ok then, does anyone have any recommendations for who a good and reliable European broker would be? The three things ...
by patriotstef
Tue Nov 24, 2009 3:53 am
Forum: general
Topic: NFA is reducing leverage to only 100:1 in America
Replies: 18
Views: 10815
Gender: None specified

I guess my real question is how do I have 400:1 leverage and hedging if I wanted it here in America? If I sign up with a European forex broker, will I have those options? Or is it impossible just because I live here in the USA and I thus have to move to Europe for all of that?
by patriotstef
Mon Nov 23, 2009 8:03 pm
Forum: general
Topic: NFA is reducing leverage to only 100:1 in America
Replies: 18
Views: 10815
Gender: None specified

NFA is reducing leverage to only 100:1 in America

Hello,

Well, as the title states......

It recommends that we go to a UK account and have forex with them since this law does not apply to Britian. Can we do that here in America and still hedge? Can we still have 400:1 in America even though the account is with a British broker?

Thanks

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