10 December, 2008
As you are trading
As you are trading with [FOREXGEN] Platform… When
the actual price crosses all three indicators, you enter your trade,
long or short. If the price crosses down through the 100 EMA, enter
short, if the price crosses up through the 100 EMA go long. Make sure
that you book a 5-10 pip profit. That is a $50-$100 dollar profit on a
regular account,
and more if you bought more lots. Don’t try to hang on to you winning
position to long, because the price can whipsaw back and you can lose.Take your 5-10 pip profit as soon as you can. Here is an example on the 1 min charts:
Notice that at 10:30 EST you could have entered USD/JPY long (big circle) when the price crossed up through the 100 EMA and at 10:45 you could have closed your position (little circle) and made a 10 pip profit. Then again the price crossed back down the 100 EMA at 11:30 EST. You could have sold the Yen short (big circle) and then ten minutes later made another 10 pip profit. (Little circle)
If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:
1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.
2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.
Comments
Profile
- name: John Adam
Menu
search
recently...
- Euro Rises Against US Dollar, Testing Key Resistance
- After High-Profile Start, SC Limps to End of 2008
- Types of Forex Orders
- What Does Scalping Mean?
- Dollar Edges Higher vs Euro, Pound, Yen
- British Pound And Euro Technical Outlook
- Qimonda Set For Euro325 Million Bailout
- US Dollar Plummets as US 10-Year Treasury Yields Hit Record Lows
- Euro Soars Against US Dollar
- Forex Traders Push US Dollar to Key Support - Is the Correction Over?
Poll
Categories
- General [9]
- forex market [16]
- forex [24]
- forexgen [36]
- trading [16]
- strategy [10]
- strategies [9]
- signals [5]
- profit [13]
- market [10]
- investor [6]
- manage [7]
- fundamental [7]
- technical [7]
- analysis [9]
- platform [8]
- business [4]
- money [8]
- pair [3]
- currency [7]
- terminal [1]
- ForexGen offers [2]
- ForexGen traders [1]
- offer [5]
- trading activities [1]
- enabled Premium [1]
- ZERO spread [1]
- special traders [1]
- Amazing [1]
- benefit [1]
- Traders [1]
- accounts [1]
- Pro [1]
- No Dealing Desk [1]
- NDD accounts [1]
- ForexGen NDD [1]
- 25% bonus [1]
- refer [1]
- friendship [1]
- earn bonus [1]
- millions [1]
- Japanese Yen [1]
- US dollar [2]
- euro [3]
- Holiday Trading [1]
- ForexGen Demo Account [1]
- Live Account [1]
- Trading Platform [1]
- Australian [1]
- New Zealand Dollars [1]
- Gain [1]
- Canadian Dollar [2]
- forecasted [1]
- economic [1]
- ForexGen Live Accounts Contest [1]
- financial markets [1]
- economic [1]
- ECB [1]
- U.S. markets [1]
- strategists [1]
- Swiss bank [1]
- ForexGen Services [2]
- ForexGen Partnership [1]
- Wall Street [1]
- Asian stock markets [1]
- foreign exchange [1]
- Demo Account [1]
- Japanese economic data [1]
- economic data [1]
- US dollar [2]
- Asian stock markets [1]
- Japanese Economic Indicators [1]
- ForexGen Adcademy [1]
- Mulyi Terminal [1]
- Lowest Spreads [1]
- AUDUSD [1]
- Expert Advisors [1]
- Canadian Dollar [1]
- Demo Account [1]
- Live Account [1]
- Euro [2]
- Forex market [1]
- Live Accounts Contest [1]
- Pound [1]
- Interest Rate [0]
- Scalping Enabled Account [1]
- economic news [1]
- CAD [2]
- USD [1]
- Demo Accounts Contest [1]
- ECB [1]
- ForexGen Academy [1]
- ForexGen Psychology [0]
- Canada [1]
- ForexGen Psychology [2]
- economy [2]
- Oil Prices [1]
- Wall Street [1]
- ForexGen Partnership [1]
- ForexGen Live Accounts Contest [0]
- ForexGen Live Accounts Contest [1]
- financial markets [1]
- Economy Ministry [1]
- British Pound Technical [1]
- Euro Technical [1]
- ForexGen Partnership [1]
- Dollar [1]
- scalping [1]
- Demo Accounts Contest [1]
- Forex Orders [1]
- Demo Accounts Contest [1]
- ForexGen Partnership [2]
- economic note [1]