Instaforex Broker Review

INSTAFOREX has become one of the most worthy and trusted FOREX broker (FOREX stand for FOReign EXchanged) that I ever find personally so far. At this moment, they are offering a crazy no deposit bonus worth $100 for new customer who open live trading account. I have no idea when this crazy promotion are going to stop but this is a golden opportunity and a must for every new trader out there to get started without any investment. You have absolutely nothing to lose. However, this promotion is available for a limited time only, so I personally urged you to try it out to experience how it feels like to be a trader.

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Weekly Forex Trading Outlook

Usd/Jpy is trending down based on 4H time frame.
Forex trader may short the pair to make profits.
Gbp/Usd and Eur/Usd is going up (based on 4H
time frame). Usually, at the beginning of the week,
I put demo account into the test. When the trend is
clear and stable, then only I put my live account
into the trade.

Oh, by the way, I choose FxOpen as my broker.
MetaTrader4 is my official trading platform.

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My Forex Trading Style

I was waiting for the trade update from Babypips. Trade of the day is my favorite Babypips blog and the track record is clean. Babypips is a cool forex guide for newbie.

Personally, I choose FxOpen broker to trade forex. I prefer to depose fund via Liberty Reserve and make payment through Evogate. This is not the first time I trade forex. The first season is over and I end up blowing my own account.

I trade GBP/USD, USD/JPY, and EUR/USD pair only. I need to focus on these 3 pairs before I trade the other pair. I do the day trading because I work from 9 to 5 daily and don't have the time to do the trading during my working hours.

Usually, I set the take profit target when I make a trade. With moving average indicator alone, using 14 moving average, I make decision (by default 4H time frame). However, I still observe other time frame before I make any trade.

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Why Choose FxOpen Broker?

Internet heritage can make money trading forex for real. But first, broker selection is very important. So, I choose FxOpen broker. It suit my needs. I can start my live trading for as low as USD1 plus bonus for first time deposit of USD1 for Micro account. However, the total of available fund in my account will be USD1.85, due to deduction fee from Liberty Reserve (because I choose to depose fund via Liberty Reserve).

Note: Treat forex as your business, not another gambling game.

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The Return Of Forex Trading

Forex trading is back into my excitement. The idea of working from 8-5 is not cool. Since my existing forex account was inactive for a period of time, I dropped it. I start a new cycle with FxOpen broker. This broker offer a new trader with Micro and Standard account, so I choose to play the small game (micro account).

Note: I highly recommend FxOpen broker to trade forex.

But first, you have to understand the risk of forex trading. The risk is, you'll make money or you'll lose your investment. That's all. You will not end up with any debt, unless you borrow money as your initial deposit.

So, I sign up with Liberty Reserve to manage my forex account. It's easier to handle it this way. Electronic currency is very flexible to make online transaction. Now, I'm ready to go!!!

P/s: Don't forget to sign up with FxOpen!

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Daily Trade Idea (Day 5)

Trading platform: Meta Trader 4
Trading broker: InstaTrader

Trade Idea:
Short GBP/USD at 1.4690.
Take profits at 1.4570.
Gross pips: 120

Looking at 4H time frame, this pair is making a long bullish trend since last week. This week, moderate downtrend is expected. The result will be known in a few days.

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Forex Training For Competition

Simple system win. I'm testing my trading strategy for the next coming
competition organized by Instaforex broker. I manage to make profits
consistently for the whole week. The only indicator that I used is a simple
20 period moving average. Maximum take profits level is 25 pips, and
10 pips minimum.

There is no stop lost. I've put out the losing trade manually.
So, I trade the range instead of trading the trend. So far, I've lost two trades.
Started with USD 1000 cents initial deposit, I manage to grow it up to
USD 3000++ cents in one week. So, if I'm using the standard account,
that's 3000 USD in one week, which is a huge profits for retail investor
like me. I'll try to keep it up.

Learn to trade like a pro, http://www.babypips.com

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Forex Trading: Weekly Highlight

This week, I'm able to generate around US$ 1200 cents from forex. I don't do a lot of things actually, but this time, the focus is quality, not quantity. Only 3 trades is all it take to do this. In standard notation, US$ 1200 in one week. This week, the size of each trade is one lot. So, 1 pip is equal to 10 cents (in standard notation, US$ 10). The trick is to take a full advantage of the big swing in 30M time frame. Keep in mind that this is not a real account, I'm still practice my demo. So, I'll go live when I win the trade for 4 consecutive weeks. This is my second week, and the thing is going good so far. Forex trading is very interesting, Fxopen is my favorite broker, and MetaTrader4 is my preferred trading platform. Happy trading.








Trade like a pro at, http://www.babypips.com today.

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Forex Investment Weekly Report

Initially, 1000 cents US$ is all I need to get started. First of all,
let me explain the basic of this investment. I'm using MetaTrader4
trading platform. Fxopen is my chosen broker, and micro account
is my starting point. 0.1 lot is my preferred trading size. Senior trader
always remind me not to jump into a big start, so I decide to listen to them.
I'm not going to make a lot of money, but not losing a lot of money
is my primary concern. Trading a big size is very profitable,
but at the same time, very risky. A few pips of movement
can kill the money easily.

So far, the trade involve two pairs, namely EUR/USD and GBP/USD.
This is to keep the focus on track. The balance by the end of this week
end up at 2940. However, the account equity still stay at 1761. A few
positions are still float. Here we can see a gain of 761 cents US$ for this
week. This is a huge return of 76.1% over my initial investment. If this
account is a standard one, I have US$761 return in just one week.

Big enough, hah? Yes, for some of us, especially for me. Unfortunately,
this is not the real thing, and we are talking about demo account. What's
more important is the potential of forex trading for retail investor.
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Report by Rhonerlianz
http://www.fxopen.com

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FX Clearing Review

FX Clearing forex broker, at some point (for me) have some limitation in term of fund deposition method as we can read at their website. For my case, I will not choose Wire Transfer method due to the fact that I have to 'pay' for $30 transaction fee. It's a huge amount for retail investor like me. Considering PayPal, I have no idea why this PayPal company 'killed' my account. For me, PayPal is a deadly payment processor. As long as they freeze my account, I will keep my bad perception about PayPal. I've been waiting for more than half years for their response, but so far ... nothing much. So, Moneybookers is the final choice that available for me. However, I choose not to get myself into this 'potential trap' at the moment. What make me feel bad about FX Clearing is that they have a very nice offer, but it's hard for me to get in.

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Fx Clearing Versus Instaforex

Still wonder which one is better; Instaforex or Fx Clearing broker ... so I may need to do some evaluation to determine the best broker at this time. Instaforex offer USD30 bonus for new account registration after minimum deposit was done for the first time. Depose USD20 and more to turn your account balance into USD50. But, buy swap and sell swap is the dark side of this broker. Fx Clearing low spread, 1 pip for major pair without commission and swap stuff make this broker very interesting. Still testing this broker using demo and currently making profits. Instaforex demo is losing the trade.

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FX Clearing Forex Broker

Discovering FX Clearing Forex trading broker. Spread of 1 pip per trade for major pair is what make this broker very interesting. However, this fact valid for mini account only. No swap plus commission free trading condition score another goals for this broker. With my excitement, without furthur investigation, I decide to evaluate this broker by trading for demo.

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