leo23's Posts - Page 29

Help me i am a newbie in General Nov 12, 2017 at 08:07

The most important thing for newbies is to survive in the market which means not loosing their initial capital at the first place which they can't afford to loose. Because if it happens and they loose major money at the beginning, then they enter into a loosing cycle in their trading psychology for a long time which is very difficult to get out because they will always try to quickly recover the lost money next time they try to trade using any system and then, loose even more and the cycle continues. So if you have lost some major money as a newbie while trading, then never trade live unti...

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 12, 2017 at 08:07

Recently, we have noticed that while trading with 6 major pairs the trading opportunities have been reduced a lot may be due to lack of market movements. Hence, last week very few trades were placed and it seems the trading performance somewhat not going as expected though it is profitable.So we are going to implement more currency pairs in another trading account starting from this week. Most probably we will trade around 15 to 20 pairs or more with the robot in a new account. We will publish the new account in coming weeks.

BITCOIN DEAD ¿? in Crypto Nov 10, 2017 at 10:49

The hard fork has been already cancelled due to lack of consensus and that is the reason yesterday the BTC price just shoot up to 7900 USD quickly and then, fell back again.So there will not be any Bitcoin fork as per the previous plan which was supposed to happen next week. So now I expect the BTC price to move steadily to go up as usual until some big negative news events come to the picture. I expect the price to go as high as 9K by end of this year. But next year the price will increase much faster rate. Obviously, there can be multiple hard forks happening in the coming future within next...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Nov 09, 2017 at 08:20

BTC just reached near 8K price. It has not yet hit 8K, because once it crosses 8K it will rally for 9K. So it just bounced back from around 7900 USD. Here are few price projections by end of consecutive years. This is the minimum expected price by end of each year and can go even higher:1. 2018----------30,000 USD/BTC2. 2019-----------80,000 USD/BTC3. 2020------------1,50,000 USD/BTC

BITCOIN DEAD ¿? in Crypto Nov 09, 2017 at 08:19

BTC just reached near 8K price. Here are few price projections by end of consecutive years. This is the minimum expected price by end of each year and can go even higher:1. 2018----------30,000 USD/BTC2. 2019-----------80,000 USD/BTC3. 2020------------1,50,000 USD/BTC

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 09, 2017 at 08:19

@drugwdrug Ok, so you are not selling anything here!!!. Don't try to act smart. So if you are not selling anything here, then where were you before you opened your myfxbook profile and from where you got the knowledge of advising the people which real and which is fake!!We suspect probably you are the one who is using our our myfxbook performance link in the websites to sell a fake EA using our EA name or most probably selling some other EA using a different myfxbook profile. Don't show your smartness here and find some other thread. We are not asking you to buy our EA and we are not s...

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 08, 2017 at 07:55

@drugwdrug You have created your myfxbook profile few days back and have started giving suggestions and comments without any account of your own!!!. First, show your own account performance before posting any comments so that it will have some value.

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 08, 2017 at 07:55

No, Not yet.

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 06, 2017 at 07:36

Important update for all:----------------------------------So far a number of clients have contacted our support email being redirected from different websites where our myfxbook performance link is used and our EA is claimed to be sold. Hence, we would like to clearly mention here that we don't have a website to provide sales or services. Hence, we are not responsible for any loss if someone purchases any EA having our EA name or our myfxbook link from any other person or from any website. Because there are other people who just use our myfxbook link to advertise their EA and will give yo...

Learning Forex Trading in New Traders Nov 06, 2017 at 07:35

There are many free resources available in the internet to learn forex trading. Someone should give sufficient time in studying the mt4 functionalities and properly understand the terminologies like spread, slippage etc before even thinking of trading live.Of course, after that developing a trading system and backtesting it , demo trading etc is required before going for live trading.

Can't Look Away From My Trades in General Nov 03, 2017 at 14:00

If you can't look away from your open trades then in my opinion there can be any one of the 3 reasons:1.You are trading just because you love to trade and make money in each and every trade, but you don't have a trading plan for entry and exit .It is dangerous for live account trading2.Or your trading plan requires you to monitor the trades to check the trade exit conditions.In this case, you need to monitor.3.Or you are trying to learn,experience and develop new trading systems by watching the candlesticks.This is the learning phase which can be used during demo trading.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Nov 02, 2017 at 15:58

BTC price has reached my 7K target and rapidly approaching towards my next target 8K. While writing the post the BTC price is around 7300 USD per BTC.

Febonacci Forex Robot V 2.5.2 in Trading Systems Nov 02, 2017 at 15:58

Few programming updates for existing EA users:-----------------------------------------------------------------1.Additional programming has been done in the EA to automatically adjust with prefix and postfix of currency pairs 2.Few bugs related to 4 digit and 5 digit broker distinction have been fixed3.Code has been optimised further to adjust with the latest mt4 version

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Nov 02, 2017 at 07:24

BTC price was about to hit my next target 7K per BTC. I congratulate all who hold BTC.I projected the price as 6K,7K,8K in this thread when the price reached 3K before around a month or more. As I mentioned it before in this thread I hope at least the BTC price to be 8K by end of this year. Next, big targets next year....

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Oct 31, 2017 at 15:57

Cryptcurrency has become popular because of the one reason and that is it can't be regulated by any government. So every now and then, many authorities and governments can try to regulate which may have temporary effect on market, but no effect in long run. But regulation of crypto exchanges may bring trust for crypto users and in return more and more users can trust to use cryptocurrencies instead of regular fiat currencies.

Febonacci Forex Robot V 2.5.2 in Trading Systems Oct 31, 2017 at 15:57

@Shoukat @rick97 @zoushanjun Thank you for your interest. We will update here once the system is available in signalstart.

Which trade to enter when there's more than one opportunity at the same time? in New Traders Oct 30, 2017 at 07:36

The answer is simple.If you are trading manually and you are 100% sure about the profitability of your system and there is a trade set up in each currency pair and you have a money management plan intact along with your trading system, then such a question doesn't arise. You have to enter every trade which meets the trade entry condition. But again if you follow a thumb rule not to enter more than one trade at a time, then that depends on your past experience and backtesting which should tell you which trade to enter with maximum probability of success.

Febonacci Forex Robot V 2.5.2 in Trading Systems Oct 30, 2017 at 07:36

For all the myfxbook users who have showed interest in our system to subscribe to signalstart we would like to update that we have started trading in a new live account of Forex4you broker with the same system from this week. But we have not added this to myfxbook or signalstart yet.Very soon we may start trading in another account with IC markets brokers and few more brokers. Then, we will choose which broker account to make available in signalstart. This is important because we need to increase the pip expectancy and trade duration of our system in order to make it profitable for all followe...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Oct 29, 2017 at 15:15

What you are calling as reliability that can be called as profit potential or trading opportunity. Cryptotrading is not like forex trading expecting for 0.1% or 0.2% market movement on daily basis. In fact, in cryptos it is possible for the crypto to make a movement of 20% to 50% in a single day. Apart from that if someone picks up the right price deeps, then it is very easy to double the money once in every month which is almost impossible for a forex trader. But cryptotrading is not suitable for margin trading or day trading. It can be highly profitable with exchange trading.

Febonacci Forex Robot V 2.5.2 in Trading Systems Oct 29, 2017 at 15:14

Updates for EA users:-------------------------------These are few settings update for our EA users.1.All our EA users can now use the EA in as many pairs as they want since the markets are suitable for our system.2.The timeframe currently we are using is H1.3.StopLoss is used as 15 pips and takeprofit is used as 50 Pips.4.Trailing stop is set as zero so that either the stoploss or the takeprofit will be directly hit.

EURUSD	1.04691	GBPUSD	1.26381	AUDUSD	0.63692
USDJPY	149.793	USDCAD	1.42116	USDCHF	0.89918

Posts by leo23