A very important question
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Thread: A very important question

  1. #1
    Hi

    I only wonder what it usually means you may only hold currency available in 2 days and also the canadian only 1 day???

    I have traded many occasions and had no difficulty holding currencys available for many days...

    I use fxuniversal platform...

    my additional questions is what charts you guys is using...I use MACD, moving average, bollinger bands...

    And appears that they are doing a good job.... Is it neccesary with other charts?

    Is there a chart who shows greater pricesly wich way the trend goes??

    Thak you very much

  2. #2
    Quote Originally Posted by ;
    The 1 day restricts only apply if you're predicted to take physical possesion of this currency. If you don't take ownership and wish to have your commerce continue, your broker will apply rollover fees to your commerce at the end of each day. Brokers do so automatically, which is the reason why your transactions have gone more than 2 days. Look at your account transaction sheet and you'll see entries for the rollover fees.

    MACD, Bollinger Bands and moving averages are typical indiors which can be found on any charting package. I use MetaTrader4 myself.

    I'm not sure what you mean by are they necessary on other charts.

    There is not any chart that will precisely show trend management. However, there are a variety of methods available for gauging trend management. You can start looking for higher highs and higher lows in an uptrend (reverse for downtrend), or you can draw simple trendlines, or you may use multiple moving averages. When the quicker MAs are above the slower MAs, the tendency is upward, and the inverse is true for a downtrend.

    Dial
    thanx

    however where can I get metatrader4 and how do I use it...

    Could I ask if you do so for a living and if so how many pips would you get each month???

  3. #3
    Quote Originally Posted by ;
    thanx

    but where can I get metatrader4 and how can I use it...

    Could I ask if you do so for a living and if so how many pips would you get every month???
    You can download MetaTrader4 from http://www.metaquotes.com. It is absolutely free.

    Number of pips each month is deceptive. There can be two traders that are equally up 200 pips to the month and one trader can have made money while the other trader lost money. It has to do with Money Management. For detailed information, read the Money Management ribbon of this Beginner's Forum.

    Dial

  4. #4
    Quote Originally Posted by ;
    You may download MetaTrader4 from http://www.metaquotes.com/. It's free.

    Quantity of pips each month is deceptive. There may be two traders that are both up 200 pips to the month and a single trader can have earned money while the other trader lost money. It has to do with Money Management. For detailed information, read the Money Management ribbon of the Beginner's Forum.

    Dial
    Hello

    Thanx....

    I have been at metaquotes.com and beneath the link metatrader, but couldnt find anything, only some fx brokers. . .Can you please send me a specifik link??

    Thank you very much

  5. #5
    Quote Originally Posted by ;
    Hello

    Thanx....

    I have been in metaquotes.com and beneath the link metatrader, but couldnt find anything, just some fx brokers. . .Can you please send me a specifik link??

    Thank you very much
    http://www.metatradertools.com/index.shtml?id=free

    Click on the download link for the MetaTrader 4 Client Terminal

  6. #6
    Quote Originally Posted by ;
    Hi

    I just wonder what it usually means that you can only hold currency available in 2 days and the canadian only 1 day???

    I've traded several occasions and had no difficulty holding currencys available for several days...

    I utilize fxuniversal platform...

    my other questions is what charts you guys is using...I use MACD, moving average, bollinger bands...

    And appears they are doing a fantastic job.... Is it neccesary with charts?

    Is there a chart who shows greater pricesly wich way the trend goes??

    Thak you
    The 1 2 day limits only apply if you are predicted to take physical possesion of this currency. If you don't take possession and want to have your trade continue, your broker will employ rollover charges to your trade at the end of every day. Brokers do this automatically, which is the reason why your transactions have gone longer than 2 days. Look at your account transaction sheet and you will see entries for your rollover charges.

    MACD, Bollinger Bands and moving averages are all common indiors that can be found on almost any charting package. I utilize MetaTrader4 myself.

    I'm not sure what you mean by are they necessary on other charts.

    There is not any chart that will just show trend management. But, there are methods available for gauging trend management. You are able to look for higher highs and higher lows in an uptrend (reverse for downtrend), or you can draw simple trendlines, or you may use multiple moving averages. When the quicker MAs are above the slower MAs, the trend is up, and the inverse is true for a downtrend.

    Dial

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