Gold hit a new high of $1360.10 per ounce today !
Gold hit a new high of $1360.1…
October 7th, 2010How to Use Fxforecaster Signals Properly and make some pips on instant forex signals and alerts
October 6th, 2010How to Use Fxforecaster Signals Properly and make some pips on instant forex signals and alerts :
This article is old but thought to post here for new users:
We are receiving emails from users for guidance… guidance of proper way to make some pips in forex trading on our instant signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips…There are Three Methods to make some pips on our instant signals…we find these method after watching past data and our signals closely…
We are receiving emails from users for guidance… guidance of proper way to make some pips in forex trading on our instant signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips…There are Three Methods to make some pips on our instant signals…we find these method after watching past data and our signals closely…
1- First Method is to take 20 to 30 Pips initially and close the trade as soon as possible and not to follow Target (TP) mentioned in the signals because most of the times signal definitely go to 20 to 30 pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and close the trade. you can put 30 to 40 pips Stoploss, in this method you will not make huge profits but its a secure method and if you consider trading with standard lot that means 10×20= $200 in one pair trade. and $1000 in 5 trades you can calculat with 4 pairs average positive.2- Second Method is to follow Target (TP) and close positions after making 50 to 60 pips depends on signal but sometimes chances are Stoploss triggered. in this case you are in risk sometimes you will loose sometimes you will make huge profits. but in this method if you want to trade secure you need our Technical strategy so you can see where signal will turn its trend and or go negative so you can close trades.
3- The Third Method is really good and recommended which is our Scalping Strategy Method, The Forex Scalping strategy method will give you Buy and Sell signals with green and red Arrows and it will tell you where to exit and where to buy in the forex market with some good indicators, this strategy method itself is good system to produce good forex signals and also best way to trade with fxforecaster signals.
For more information on our strategies please visit the bellow link:
http://www.fxforecaster.com/index.php?option=com_staticxt&staticfile=forex_strategy.htm&Itemid=62
Choose any method any must read the forex rules we have listed on our website, the trading depends on you how you want to make some profits in forex and what method you will choose. so choose any method and start trading…. Best of Luck…
If you have any suggestions to help others please contact us freely.
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com
FxTR installation Video Tutorial
November 9th, 2009
Lots and Pips and relation to profit in Dollars
August 5th, 2009there are 3 types of lots in forex, 1st is mini lot and if you open 10 mini lots its equal to 1 Standard lot means 10×10mini = 100 so in general forex trading:
if you open 1 micro lot and get profit of 1 pip its = 10 cents
if you open 1 mini lot and get profit of 1 pip its equal to 1 dollar
if you open 1 standard lot and get profit of 1 pip its equal to 10 dollars
if you open 1 mini lot and get profit of 1 pip its equal to 1 dollar
if you open 1 standard lot and get profit of 1 pip its equal to 10 dollars
giving you example bellow on same trade with micro lot, mini lot and with standard lot.
means if you open micro lot trade on our signals and make 20 pips on 1 signal = 20×0.1 = $2 profit per pair signal
means if you open mini lot trade on our signals and make 20 pips on 1 signal = 20×1 = $20 profit per pair signal
means if you open standard lot trade on our signals and make 20 pips on 1 signal = 20×10 = $200 profit per pair signal
so it totally depends on you to make $2 or 20 or $200 per signal.
you need atleast $5000 to 10K to trade standard lot, and you need almost $2000 to $4000 to trade in mini lot and yes you can trade with $500 if you open micro lots of (0.1)
Fxforecaster Blog for forex updates !
March 11th, 2009Welcome to Fxforecaster Blog Place. We just completed import of our blog on our website, the old blog enteries are also here, We will post all the latest news, tips n tricks for forx trading and forex updates here.
Have a Nice trade…
Fxforecaster Team..
Forex Trading Tips
September 27th, 2008Hi All traders,
Thought to give you some tips on forex trading in this Article, here are few points and tips i do it for personal trading on fxforecaster signals if you follow you can make some profit:
1- We recommend to open Trades on all of our signals and one or two trades will go negative and other will be positive but overall you will be in profit.
2- Must Enter at Exact Entry Point in signal with in 5 to 10 pips, if you missed entry then don’t enter in trade.
3- Use of of our recommended Method mentioned in the article listed here
4- The Best Time to Trade is in European session to US session its between 3 AM to 10 AM EST which is exactly 9 o clock morning to 12 afternoon in Europe.
5- We recommend to Trade Securely and take 20 to 30 pips and close the trades and put 40 to 50 pips stoploss, that’s best trading method and stick with this rule will lead you to a winner in forex tarding.
6- Remove Emotions … do trading like robot, No Fear and No Greed
7- Patience is a key in forex. be patient don’t be hurry to close trades even if you are negative, wait until your trades become positive. better to put limit and put stoploss and sleep or go somewhere.
8- Dont take risk and use best leverage of your Capital, and open small lots.
Thanks Have a Nice Trading
CAD and NFP Data is expected in favor of Euro
June 6th, 2008
News Update for Friday, June06, 2008 (8:30 AM EST US NY Time)
We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 7:00 AM EST time, this is very important and exciting event.
CAD Jobs Data at 7:00 AM EST
US NFP Data at 8:30 AM EST
Extreme caution required on this data news event so trade forex signals accordingly…
CAD JOBS DATA :
First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 10K versus 19.2K of last month. if the Canadian jobs data comes out less than 0K or negative bellow zero it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don’t miss the initial spikes, if the Canadian jobs data comes at 25K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.
Special Signals for CAD Data Event !
Sell USD/CAD if CAD data comes around 25K+, the target will be 50 pips –Open Short/Sell– Wait for Entry
Sell EUR/CAD if CAD data comes around 25K+, the target will be 50 pips –Open Short/Sell– Wait for Entry
Buy USD/CAD if CAD data comes at 0K or negative, target is 50 pips–Open Buy/Long–Wait for Entry
Buy EUR/CAD if CAD data comes at 0K or negative, target is 50 pips–Open Buy/Long–Wait for Entry
———————————————————————————————————
US Non Farm Payroll Data:
This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -20 K, Now we are Expecting NFP data around -57K.
If the NonFarm data comes out around -10 K or near zero we will Sell EUR/USD and GBP/USD, but if the data comes around -90K or more negative, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.
Special Signals for US NFP Data Event !
Sell EUR/USD if NFP Data comes around -10K, the target will be 60 pips–Open Short/Sell – Wait for Entry
Buy EUR/USD if NFP Data comes around -90K, the target will be 60 pips–Open Buy/Long – Wait for Entry
Sell USD/JPY if NFP Data comes around -90K, the target will be 80 pips–Open Short/Sell – Wait for Entry
Buy USD/JPY if NFP Data comes around -10K, the target will be 80 pips–Open Buy/Long – Wait for Entry
———————————————————————————————————
Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker’s platform wide their spreads during news time don’t try to trade news data on that platform.
Traders are advised to put their own stop-loss and limits according to their own experience on open trades.
This Update will be also available on our blog shortly
Have a nice trade !
Fxforecaster Team
Disclaimer: Fxforecaster’s market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.
NFP is expected same -80 K as last month
May 2nd, 2008
News Update for Friday, May02, 2008 (8:30 AM EST US NY Time)
We have only one important data news today which is coming out of US at 8:30 AM EST, this is very important and exciting event as ever.
US NFP Data at 8:30 AM EST
Extreme caution required on this data news event so trade forex signals accordingly…
US Non Farm Payroll Data:
This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -80 K, Now we are Expecting NFP data around -70K.
If the NonFarm data comes out around minus -20 K we will Sell EUR/USD, but if the data comes around -120K or more negative then our strategy would be to Buy/Long EUR/USD and target will be 50 to 80 pips on either side.
Must look for other data which is the unemployment rate. expected is 5.1 to 5.2 so atleast 0.2 deviation can make difference and it is considerable deviation because if it is conflicting with data news be careful to trade.
Special Signals for US NFP Data Event !
Sell EUR/USD if NFP Data comes around -20K, the target will be 60 pips--Open Short/Sell–Wait for Entry
Buy EUR/USD if NFP Data comes around -120K, the target will be 60 pips–Open Buy/Long–Wait for Entry
Sell USD/JPY if NFP Data comes around-120K, the target will be 80 pips–Open Short/Sell–Wait for Entry
Buy USD/JPY if NFP Data comes around -20K, the target will be 80 pips–Open Buy/Long–Wait for Entry
———————————————————————————————————
Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker’s platform wide their spreads during news time don’t try to trade news data on that platform.
Traders are advised to put their own stop-loss and limits according to their own experience on open trades.
Have a nice trade ! Fxforecaster Team
Disclaimer: Fxforecaster’s market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.
How to Use Fxforecaster Signals Properly
April 17th, 2008How to Use Fxforecaster Signals Properly and make some pips on instant forex signals and alerts :
This article is old but thought to post here for new users:
We are receiving emails from users for guidance… guidance of proper way to make some pips in forex trading on our instant signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips…
We are receiving emails from users for guidance… guidance of proper way to make some pips in forex trading on our instant signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips…
There are Three Methods to make some pips on our instant signals…we find these method after watching past data and our signals closely…
1- First Method is to take 20 to 30 Pips initially and close the trade as soon as possible and not to follow Target (TP) mentioned in the signals because most of the times signal definitely go to 20 to 30 pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and close the trade. you can put 30 to 40 pips Stoploss, in this method you will not make huge profits but its a secure method and if you consider trading with standard lot that means 10×20= $200 in one pair trade. and $1000 in 5 trades you can calculat with 4 pairs average positive.
2- Second Method is to follow Target (TP) and close positions after making 50 to 60 pips depends on signal but sometimes chances are Stoploss triggered. in this case you are in risk sometimes you will loose sometimes you will make huge profits. but in this method if you want to trade secure you need our Technical strategy so you can see where signal will turn its trend and or go negative so you can close trades.
3- The Third Method is really good and recommended which is our Scalping Strategy Method, The Forex Scalping strategy method will give you Buy and Sell signals with green and red Arrows and it will tell you where to exit and where to buy in the forex market with some good indicators, this strategy method itself is good system to produce good forex signals and also best way to trade with fxforecaster signals.
For more information on our strategies please visit the bellow link:
http://www.fxforecaster.com/index.php?option=com_staticxt&staticfile=forex_strategy.htm&Itemid=62
Choose any method any must read the forex rules we have listed on our website, the trading depends on you how you want to make some profits in forex and what method you will choose. so choose any method and start trading…. Best of Luck…
If you have any suggestions to help others please contact us freely.
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com
US Non form payroll expected -55K
April 4th, 2008
News Update for Friday, April04, 2008 (8:30 AM EST US NY Time)
We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 7:00 AM EST time, this is very important and exciting event.
CAD Jobs Data at 7:00 AM EST
US NFP Data at 8:30 AM EST
Extreme caution required on this data news event so trade forex signals accordingly…
CAD JOBS DATA :
First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 13.5K versus 43.3K of last month. if the Canadian jobs data comes out less than 2K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don’t miss the initial spikes, if the Canadian jobs data comes at 25K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.
Special Signals for CAD Data Event !
Sell USD/CAD if CAD data comes around 25K+, the target will be 50 pips – Open Short/Sell – Wait for Entry
Sell EUR/CAD if CAD data comes around 25K+, the target will be 50 pips – Open Short/Sell – Wait for Entry
Buy USD/CAD if CAD data comes bellow 2K, the target will be 50 pips – Open Buy/Long – Wait for Entry
Buy EUR/CAD if CAD data comes bellow 2K, the target will be 50 pips – Open Buy/Long – Wait for Entry
———————————————————————————————————
US Non Farm Payroll Data:
This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -63 K, Now we are Expecting NFP data around -55K.
If the NonFarm data comes out around zero K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around -80K or more negative, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.
Special Signals for US NFP Data Event !
Sell EUR/USD if NFP Data comes around 0K, the target will be 60 pips- Open Short/Sell – Wait for Entry
Buy EUR/USD if NFP Data comes around -80K, the target will be 60 pips – Open Buy/Long – Wait for Entry
Sell USD/JPY if NFP Data comes around-80K, the target will be 80 pips- Open Short/Sell – Wait for Entry
Buy USD/JPY if NFP Data comes around 0K, the target will be 80 pips – Open Buy/Long – Wait for Entry
———————————————————————————————————
Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker’s platform wide their spreads during news time don’t try to trade news data on that platform.
Traders are advised to put their own stop-loss and limits according to their own experience on open trades.
Disclaimer: Fxforecaster’s market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.
