leo23's Posts - Page 32

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 17, 2017 at 08:19

Yes, you can, but only at your own risk. As I said it earlier, I am not a financial adviser and I don't advise for buying and selling BTC or any cryptos.I created this thread just to discuss the potential behind the cryptos and the technology involved in it.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 15, 2017 at 13:17

Nice looking chart.., but obviously funny.BTC to go from 3K to 6K,7K,8K or even more may be within 2 to 3 months.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 15, 2017 at 13:17

If you don't understand from the above explanation, then I am sorry I can't explain it anything much simpler. It may be because you are lacking some fundamental of trading or if you assume that you are already very successful in trading, then probably both of our trading approach are completely different to each other.But I will try a little more to explain. When I trade forex or cryptos or anything else for that matter, the moment I put the trade I accept 100% that I have already lost that trade, because market can do anything what it wants and it only depends on me what I will do. Bu...

Is stop loss hunting real ? in New Traders Sep 14, 2017 at 14:11

Yes, stoploss hunting is very much real. Especially if you are using small stoploss values between 5 to 20 pips, then you are giving the broker enough opportunity to wipe out the whole balance very slowly and steadily irrespective of whatever system or EA you are using and it is very difficult to notice that as well.It may not happen always, but most brokers once in a while will hit the stoploss of one trade even if the price doesn't reach that level. It happens many times in most brokers because most traders don't analyse the each and every trade and simply carry on changing systems. ...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 14, 2017 at 14:10

@EA usersThere was a temporary disconnection of our EA from our licensing server yesterday due to which the EA might have been disconnected from the mt4. It has been fixed now and working fine. So if the EA was disconnected from your mt4 terminal, then we suggest the EA users to attach the EA again to the respective mt4 charts.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 13, 2017 at 06:35

@togr I can only try to explain to you, but I can't guarantee as how much you will understand since it depends entirely on you based on what you already know about the foundation of cryptos.Here is your answer in a very simplistic way:1.If you are trading BTC or any other cryptocurrency or stocks or forex or whatever, then once you have put any money to any one of these, then you have to 100% accept that you have already lost that money the moment you have invested so there is no question of expecting what you will do after sometime if something happens etc etc. If you can't accept tha...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 12, 2017 at 14:38

Few updates for this week:1.The timeframe to use the robot has been changed from M15 to M30.2.StopLoss and takeprofit are still the same and the trailing stop has to be set zero to avoid trailing.3.Some of the coding has been modified so that the few entry conditions will be automatically improved based on changing market conditions instead of changing the timeframe and other setting manually and frequently, but still we might need to change the settings in future to keep up the good results.4.The programming updates will be automatically updated for all our EA users, but the timeframe has to ...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 12, 2017 at 07:17

@togr It is because you have no idea about cryptos trading or what cryptos are really and thinking these as commodity and may be you are trying to compare it with forex trading and that's why you are obviously free to think so.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 11, 2017 at 06:33

@kebayamwamba The analysis and representation is very funny. The BTC is ready to rally for a 50K per BTC or 100K per BTC in coming 1 to 2 years. My nearest target will be 6K,7K,8K very soon. Of course, for every drawdown in BTC people have been telling the same thing that BTC will be dead and it will go to zero etc from the date of creation of BTC from 2009, but it will not and will continue to grow more and more. Sometimes hype is being created by big players to make the BTC price fall just for them to get a better BTC buy rate before it hit's big highs for sell off for quick gains and t...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 10, 2017 at 11:41

You will loose 50% if you sell the BTC at 2000 USD, otherwise, NOT. So your argument is pointless.Crytpotrading like BTC or any other cryptos is NOT for you:1.If you want speculate for few days or weeks expecting for profit.2.If you want to day trade or margin trade like forex3.If you want to make consistent steady gains every week or every month like forex4.If you are worried about drawdownsYou should ONLY invest in cryptos which you are 100% sure to hold for at least for few months or 1 to 2 years, Otherwise, never invest in cryptos. That sudden increase in price from 2000 USD to 4000 USD wa...

Best Broker for a Newbie in New Traders Sep 10, 2017 at 07:12

Yes, both the above comments are correct regarding B-Book. In addition, I would like to point out few more things about B-Book brokers:1. B-Book Broker simply means the broker doesn't want you to make profit. The more loss you make the more profit the broker will make.2.In my experience, 99% of the so called popular brokers maintain both A-Book and B-Book and switch the accounts between one another based on your account balance and your trading performance. It is done automatically or manually in the broker back end.3.If your account is under B-Book, then it is very difficult to figure out...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 10, 2017 at 07:10

Some of the users contacted our support recently asking for signal service and hence, we want to reply to all who want to subscribe it for signal that signal service is not available for now for this system. But as we mentioned in one of our previous posts we can make this system available in signal start only if at least 50 users will be interested to subscribe and for that every user should post a comment here to show the interest and once it will hit 50, then we will make it available in signal start.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 10, 2017 at 06:40

I will say that cryptotrading using Margin trading is risky, but exchange trading is 99% safe if you save your cryptos in a hardware wallet. It is like you buy some other currency notes and saving it in your purse. But in margin trading, for example if you are trading EURUSD it is very unlikely for EURUSD price to be half or double in few days. But if you are trading BTCUSD or cryptos, then it is possible for the price to double or half in few days or weeks and hence, any stoploss may not work.Another risk is lack of liquidity in cryptocurrencies which is not is the case in forex trading. So i...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 07, 2017 at 06:18

@AmDiab Please note that cryptocurrency trading is completely different than forex trading. So never try to margin trade or day trade cryptocurrency using a forex broker. The best way to make money from cryptocurrencies in long run is to buy the cryptocurrencies and keep it in a hardware wallet by exchange trading. Of course, no one has to follow my advice and this is just my personal opinion that cryptocurrency should be traded only in exchange trading mode and not through margin trading due to high volatility and you can easily get stopped out no matter whatever is your stoploss since it var...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 06, 2017 at 14:51

Programming updates for this week:--------------------------------------------1.The performance of the EA programming has been improved by replacing the double data types by int data types of multiple variables used in the internal programming of the EA. This will help to process the entries and exits faster and will consume less memory.2. Also, few additional pieces of codes which are not used in the entries or exits were removed which will improve the speed of execution of the trades.3.Now, the EA can be used with multiple pairs other than the major pairs. For that few additional logic has b...

Best Broker for a Newbie in New Traders Sep 06, 2017 at 14:51

Obviously, everyone has to check whether the broker is regulated or not, whether the broker supports your trading style or not etc.But 2 additional important things I will point out here:1.Never deposit a large amount of money to a broker account at first without going through a complete cycle. I mean first deposit a small amount which you are okay in loosing, then trade with small lots and then, withdraw the entire amount and monitor how fast and easily the entire process goes on from which you can get an overall idea of the broker's operation in back end. If they are hesitant in the with...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 06, 2017 at 12:58

Yes, you are correct. Many people just ignore Bitcoin assuming this as another virtual currency like perfectmoney owned by a company and people don't realize the difference between virtual currency and cryptocurrency.Rather than just a currency, Bitcoin is the biggest and first example of a new technology by which money can be decentralised and not having any control by any particular government which is a very good thing for everyone. Following and imitating Bitcoin now hundreds of other cryptocurrencies are developed and now used as well, but only in specific countries and specific compa...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 04, 2017 at 10:10

We were unable to respond to some of the emails in this weekend since we were busy with some other stuff and now, we have responded to all emails to users who contacted our support for last 2 to 3 days.By the way, very soon in a couple of weeks we are going to add few more accounts of our clients under fund management and we will make those accounts public. Anyone who is interested for fund management also can contact our support. If you are willing to subscribe to the signals through signalstart of this particular EA, then you can post a comment here. If we receive at least 50 comments from u...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 03, 2017 at 06:54

Finally, Bitcoin has hit 5000 USD per BTC as I posted in my previous post. Of course, a pull back has happened after it hit the 5000 USD resistance. Now, 5000 USD will act as a support and I expect Bitcoin rate of increase to be accelerated at much higher rate in coming weeks with much higher range of daily volatility. It may vary around 1000 USD per day when it will cross 6000 USD or more. By end of this year 2017 I expect the BTC price to be at least 10,000 USD per BTC if not higher. But it can be as high as 12,000 USD per BTC as well by end of December 2017.

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 01, 2017 at 09:46

Few programming updates:-----------------------------------1.The logic using the sleep() function to pause between consecutive trades has been improved so that it can work fine when more than one trade from multiple pairs will be closed at the same time and it can still pause each currency pair individually.2. The spread comparison for 4 digit broker was enabled and so the spread comparison should work fine for both 5 digit and 4 digit brokers equally.3.These updates should be automatically updated upon next mt4 restart for all the users who are using our ea.

EURUSD	1.08536	GBPUSD	1.29867	AUDUSD	0.66905
USDJPY	149.544	USDCAD	1.3762	USDCHF	0.86659

Posts by leo23