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.
Read more...Expecting GBP/USD pair to feed the bull after a long bearish trend on 5M time frame. Experimenting with Instaforex broker. Demo account with 25 points, duplicating the properties of InstaEurica account type to test the trade without any single technical indicator. It is very tricky to trade with this broker at first. No spread, but the commission for every trade make it very tricky to determine profits especially during scalping. As for Fxopen, Indicator balance hit 100 points while Scalp was staying easy above 3000 points. Live micro account gain +6 pips for GBP/USD long trade.
Read more...Scalp hit the target. Earning +50 pips is a good deal for the day. Not using FK3 (Forex Killer V3) for this trade. Will only go live after 2 January 2009. New demo account named Indicator was created, funded with 25 points. Leverage of 1:500 for this account, duplicating the property of Standard account. Scalp is having a very good day, with the balance of account approaching 2k.
Read more...The market at the end of the year is a little bit shaky. I have a new demo account named Scalp with 1000 points of starting capital. A new short position was opened for GBP/JPY using the Scalp demo account at 132.93 shooting 50 pips from the starting point in desired direction. Position was opened based on personal observation. FOREX Killer version 3 was ready for action. However, the tool is still pending for live trading.
Read more...All demo trading accounts eliminated. However, live micro account is moving forward. Harvesting some green pips before Christmas have reduce my deficit level. Not making any profits yet, but at least, I manage to rise up from the fall. Market closed for Christmas and new year holiday. Spread is growing 3 times higher than usual, but will return back to normal after new year holiday. It is best to avoid any trade until the holiday is over. Merry Christmas and Happy New Year 2009.
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