House Democrats Slash More Than $100B From Obama's Plan
Budget Leaders Refuse to Include More Funding for Financial Sector Bailout.
Much of the difference comes from a decision by House leaders to jettison Obama's plan to seek more cash for the Treasury Department's financial-sector bailout, a decision that would reduce the projected deficit but not prevent the administration from requesting the money.
The result is a spending plan that would drive the annual deficit to $1.2 trillion next year, compared with $1.4 trillion under Obama's request. Over the next five years, the deficit would fall to just under $600 billion, requiring the nation to borrow $3.9 trillion, compared with $4.4 trillion under Obama's plan.
Like a competing proposal unveiled in the Senate, the House plan would permit lawmakers to pursue Obama's priorities on health care, education and energy only if those initiatives do not increase the deficit. Unlike the Senate, the House is proposing to use a procedural shortcut to push Obama's health-care and education proposals through the Senate without Republican votes.
White house budget director Peter Orszag praised the House blueprint, as well as its counterpart in the Senate. Although the plans "may not be identical twins" when compared with Obama's proposal, he said, "they're certainly brothers who look substantially alike."
Obama is expected to deliver a similar message today when he goes to Capitol Hill to sell his budget blueprint to Senate Democrats, a dozen of whom this week sent a letter to Sen. Kent Conrad (D-N.D.), chairman of the Senate Budget Committee, complaining that "the deficits projected by CBO are simply not acceptable." Conrad's adjustments to the president's proposal, presented to Senate Democrats at a luncheon yesterday, won early approval from some signatories. "It's improving," said Sen. Mary Landrieu (D-La.).
To bring down deficits, Conrad proposes slashing $160 billion from Obama's request for nondefense programs over the next five years, including a reduction of $15 billion in fiscal 2010 that targets international programs, among others. Conrad also would jettison the $250 billion Obama included in his budget for the Treasury Department's bailout of the financial system, a move that lowers the deficit projection but would not prevent Obama from requesting the funds.
Conrad also pressed some Bush-era budget maneuvers eliminated by Obama back into service: Instead of a 10-year budget that shows deficits steadily accumulating, for example, Conrad is proposing a five-year spending plan. And Conrad assumes that the alternative minimum tax will strike millions of middle-class families, generating billions of additional dollars in 2013 and 2014, though Congress has acted repeatedly to prevent that. (WP)
Japan's Recession
Yen falls vs dollar
The yen fell, approaching a one- week low against the dollar on speculation government reports will show Japan’s recession is deepening, reducing demand for the currency as a refuge from world financial turmoil.
The Australian and New Zealand dollars gained against the yen as Asian stocks extended a global rally, spurring investors to seek higher-yielding assets. The euro fell versus 13 of the 16 major currencies as the Wall Street Journal reported that Banque AIG, a unit of American International Group Inc.’s Financial Products division, may face defaults on $234 billion of derivatives after two executives in Paris stepped down.
The yen fell to 97.81 against the dollar. The currency was at 132.70 per euro. The dollar traded at $1.3570 per euro and was at $1.4592 versus the British pound. The Australian dollar climbed to 68.40 yen, and the New Zealand currency gained to 56.06 yen.
The yen weakened against 15 of the 16 most-active currencies today before a trade ministry report tomorrow that may show retail sales declined for a sixth straight month.
Trend market move ?
expert advisors from Pro-Fx Expert
Tested it on GBPUSD with profit it should also give profit on any ranging currency cross. I'm not providing the code here as I running a commercial web site designing other peoples EA's the code file here is free to use and has no limitations on it. Please send me your findings to support@pro-fx-experts.com
Save the file as normal under your experts and restart the trader. The expert advisor will show in gray. Just attach and let it trade.
The EA work with the normal Stochastic and 34 EMA.
GBP/USD -30 MIn
EUR/USD -30 Min
USD/CHF -30 Min
USD/JPY - 30 Min
DOWNLOAD
Pivot Poin
Let me begin from Pivot Points indicator
Technical analysis
Pivot Points is technical indicator derived by calculating the numerical average of a particular stock's high, low and closing prices.
The pivot point is used as a predictive indicator. If the following day's market price falls below the pivot point, it may be used as a new resistance level. Conversely, if the market price rises above the pivot point, it may act as the new support level.
Formula:
Pivot Level P = (H + L + C) / 3 , Then Resistance1 R1 = 2P -L ,
Support S1 = 2P - H, Resistance2 R2 = P +(H - L) , S2 = P - (H - L)
R3 = R1 + (H - L ) , S3 = S1 - (H - L)
FMM Trading system
Five Minutes Methode (FMM) for scalping trading system
creates by Mr. Ir. Gatot AP, MT
Download Indicator and Template here
Download Totorial here
How To Play Warren Buffett’s Inflation Warning
More Posts By Colin McCabe
Author's Website
Warren Buffett said on CNBC earlier Monday that the Fed’s expansionary measures “are potentially very inflationary” and the result could be “worse than the 1970’s inflation”.
If you’ve been following my research, this is nothing new. I’ve been warning you about a 1970’s style inflation tsunami for some time.
But now that the Oracle of Omaha is saying it on national television, Wall Street might start to catch on.
And if you want to make FAT profits in the next 12 months, you need to beat them to the punch.
Beef-up your portfolio with shares in companies producing (or exploring for) hard assets that appreciate in an inflationary environment.
Gold… silver… even copper and nickel, are great inflation hedges. Oil also performs very well.
I’m backing up the truck with stocks in these industries. And you should be too.
Look specifically for small companies sitting on (or near) discoveries that are marginal to uneconomic to produce at current prices.
As the underlying commodity price rises, these types of projects gain value exponentially… making shareholders like you rich in the process.
There are tons of screaming buys out there right now. Especially in the oil sector.
Many quality companies were hammered down 90% or more in the past 6 months. Oilsands Quest (BQI: 0.72 -0.06 -7.69%), a company sitting on billions of barrels in Canada’s oil sands, comes to mind. You should load up on bargains like that while you can because…
Inflation is already creeping into the system.
January’s Producer Price Index (PPI) hit 0.8%, four-times the markets 0.2% expectation. And the Consumer Price Index (CPI) was double expectations at 0.2%.
It’s only a matter of time before Wall Street institutions figure this out and jump all over these stocks.
Tarullo Calls for Consolidated Supervisor
In his testimony today before to the Senate Banking Committee, Tarullo said that supervision of individual financial firms is "not a sufficient condition for financial stability" but certainly "a necessary condition."
Another condition that is going forward would be for the US to establish methods through with to orderly resolved institutional failures, particularly if government assistance is required. He added that lessons could be learned from the frameworks in place under the Federal Deposit Insurance Act and those established for Fannie Mae and Freddie Mac under the Housing and Economic Recovery Act of 2008. "Both models allow a government agency to take control of a failing institutions’ operations and management, act as conservator or receiver for the institution, and establish a 'bridge' institutions to facilitate an orderly sale or liquidation of the firm."
On improving financial infrastructure that supports trades, payments, clearings and settlements, Tarullo stated that the Fed is considering the idea of a central clearing system. He added "Given how important robust payment and settlement systems are to financial stability, and the functional similarities between many payment and settlement systems, a good case can be made for granting the Federal Reserve explicit oversight authority for systemically important payment and settlement systems."
Tarullo also expressed support for a systemic regulator, which he said would serve to complement, does not replace the consolidated supervisor role he feels is so necessary.
Written by denny yahya
Euro weakens on speculation ECB will cut rates
The European currency declined to 128.94 yen. The euro fell to $1.3433. The yen was at 96.02 per dollar.
European Stocks And Bonds Surge, Dollar Weakens On Fed Move
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--European stocks and bonds surged, while the dollar weakened and oil prices jumped as Europe's markets reacted strongly to the U.S. Federal Reserve's move Wednesday to buy $300 billion of long-term Treasurys and up to $1.25 trillion of mortgage-backed securities issued by Fannie Mae and Freddie Mac.
The dollar was a major casualty of the Fed's move further into quantitative easing. The euro soared to $1.3473 in late New York business Wednesday, up from $1.3017 the day before, and was even higher by 1015 GMT Thursday, at $1.3514 - above the key $1.35 level for the first time since Jan. 9.
The Fed's move into quantitative easing Wednesday broke the dollar's back and henceforth any periods of intra- and inter-day dollar strength is to be sold into rather than weakness bought, said Dennis Gartman in The Gartman Letter.
"Further, this sets the tone for how we shall trade commodities henceforth: bullishly and almost universally so," he said.
The move in bond markets was equally dramatic. After the 10-year U.S. Treasury yield tumbled in New York Wednesday to end at 2.545%, down from 3.01% Tuesday, it fell even further to 2.53% at 1025 GMT Thursday, after briefly touching 2.50%.
In response the 10-year benchmark German bund yield dropped to 3.06% from 3.22% late Wednesday, and the 10-year bellwether U.K. gilt yield fell to 3.015% from 3.105%.
The effects of the Fed's further move into quantitative easing - a weaker dollar, lower bond yields and firmer equities - are likely to continue, at least for a while, said Marshall Gittler, chief strategist at Deutsche Bank (Suisse).
"The purchases will help to absorb the supply of bonds that will be coming in the next few months due to mortgage refinancing and Treasury issuance to fund the budget deficit," he added.
Stock prices firmed, with the major European indexes gaining between 0.5% and 0.9%, and the April Nymex crude oil futures contract climbed to $50 per barrel for the first time since Jan. 26, trading at $50.15 at 1035 GMT.
Looking ahead, U.S. Treasury Secretary Timothy Geithner's detailing of the U.S. toxic asset sale plan in Congress Thursday could be crucial for all asset markets and bank stocks in particular, with participants looking for details of how toxic assets could be removed from balance sheets, said Kenneth Broux, an economist at Lloyds Banking Group.
"A positive outcome could help the dollar to claw back ground against its major counterparts," he added.
Moreover, the U.S. stock markets may struggle to keep up their advance. "The (Fed's) news helped to lift the major indexes overnight but it seems we may not be able to hold on to the gains," said Nick Mitchell, a dealer at CMC Markets.
-By Martin Essex, Dow Jones Newswires; +44-20-7842-9464; martin.essex@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=9wJyqpDVRkP1dIKEQFegyw%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
March 19, 2009 06:58 ET (10:58 GMT)
basic-arbitrage-correlation-trading
- Not all pair in Triangle arbitrage can be weared by trading
- Wear the pair hereunder, the other please test by yourself.
- Long EUR/USD & USD/CHF----- >basket 1
- - Short EUR/USD & USD/CHF----- >basket 2
- - Long GBP/USD & USD/CHF
- - Short GBP/USD & USD/CHF
- - Long EUR/USD & GBP/USD
- - Short EUR/USD & GBP/USD
1. single enter the OP Long EUR / usd & USD / chf barengan, without SL
2. as Multiply enter the
3. Third Pair as ' fire company.
Tracking Correlation trade profit
- 2 pair as one union ( moment enter and moment exit), do not need there is SL, because have been protected by the pair of other; dissimilar though non perfect hedging.
- pseudo hedging, pair one have to follow trend for the open trade like the others (by indicator), pair of other; dissimilar may contra trend ( one red, one green)
- enter the strategy wear the indicator masing2 which enough familiar, or
- wear the naked chart, install 2 pair in MT4 Window, there will looked to be,,, ,, pair one going up, second pair also go up or on the contrary
Add the 3rd OP Pair take from Correlation triangle to intervene so that P / red l become the green or MINIMIZE THE Break even - majored to by add the third OP pair, if P / red l and will hurry up Break even or harvest
Example :
Sell 0.1 lot EUR/USD----- -red
Sell 0.1 lot USD/CHF----- -red
---add 3rd open trade
Buy 0.1 lot GBP/USD
Example:
Sell 0.1 lot EUR/USD(1.5921) ------green
Sell 0.1 lot USD/CHF (0.8886)---- -red
------------ ------P/L red
next someday add 2 pair for Rescue
Sell 0.1 lot EUR/USD(1.5468)
Sell 0.1 lot USD/CHF (1.0528)
-------total P/L will green
Take from Live Webinar : Correlation trading
This technical for hunt pips and help bad position.
Table of List Correlation Pair
> AUDCAD CADJPY AUDJPY> AUDCAD EURCAD EURAUD
> AUDCAD GBPCAD GBPAUD
> AUDCAD USDCAD AUDUSD
> AUDCHF CHFJPY AUDJPY
> AUDCHF EURCHF EURAUD
> AUDCHF GBPCHF GBPAUD
> AUDCHF USDCHF AUDUSD
> AUDJPY CADJPY AUDCAD
> AUDJPY CHFJPY AUDCHF
> AUDJPY EURJPY EURAUD
> AUDJPY GBPJPY GBPAUD
> AUDJPY NZDJPY AUDNZD
> AUDJPY USDJPY AUDUSD
> AUDNZD EURNZD EURAUD
> AUDNZD GBPNZD GBPAUD
> AUDNZD NZDUSD AUDUSD
> AUDUSD EURUSD EURAUD
> AUDUSD GBPUSD GBPAUD
> AUDUSD USDCAD AUDCAD
> AUDUSD USDCHF AUDCHF
> AUDUSD USDJPY AUDJPY
> CADJPY AUDJPY AUDCAD
> CADJPY EURJPY EURCAD
> CADJPY GBPJPY GBPCAD
> CADJPY USDJPY USDCAD
> CHFJPY AUDJPY AUDCHF
> CHFJPY EURJPY EURCHF
> CHFJPY GBPJPY GBPCHF
> EURAUD AUDCAD EURCAD
> EURAUD AUDCHF EURCHF
> EURAUD AUDJPY EURJPY
> EURAUD AUDNZD EURNZD
> EURAUD AUDUSD EURUSD
> EURAUD GBPAUD EURGBP
> EURCAD AUDCAD EURAUD
> EURCAD CADJPY EURJPY
> EURCAD GBPCAD EURCAD
> EURCAD USDCAD EURUSD
> EURCHF AUDCHF EURAUD
> EURCHF CHFJPY EURJPY
> EURCHF GBPCHF EURGBP
> EURCHF USDCHF EURUSD
> EURGBP GBPAUD EURAUD
> EURGBP GBPCAD EURCAD
> EURGBP GBPCHF EURCHF
> EURGBP GBPJPY EURJPY
> EURGBP GBPNZD EURNZD
> EURGBP GBPUSD EURUSD
> EURJPY AUDJPY EURAUD
> EURJPY CADJPY EURCAD
> EURJPY CHFJPY EURCHF
> EURJPY GBPJPY EURGBP
> EURJPY NZDJPY EURNZD
> EURJPY USDJPY EURUSD
> EURNZD AUDNZD EURAUD
> EURNZD GBPNZD EURGBP
> EURNZD NZDJPY EURJPY
> EURNZD NZDUSD EURUSD
> EURUSD AUDUSD EURAUD
> EURUSD GBPUSD GBPUSD
> EURUSD NZDUSD EURNZD
> EURUSD USDCAD EURCAD
> EURUSD USDCHF EURCHF
> EURUSD USDDKK EURDKK
> EURUSD USDJPY EURJPY
> EURUSD USDNOK EURNOK
> EURUSD USDSEK EURSEK
> GBPAUD AUDCAD GBPCAD
> GBPAUD AUDCHF GBPCHF
> GBPAUD AUDJPY GBPJPY
> GBPAUD AUDNZD GBPNZD
> GBPAUD AUDUSD GBPUSD
> GBPAUD EURAUD EURGBP
> GBPCAD AUDCAD GBPAUD
> GBPCAD CADJPY GBPJPY
> GBPCAD EURCAD EURGBP
> GBPCAD USDCAD GBPUSD
> GBPCHF AUDCHF GBPAUD
> GBPCHF CHFJPY GBPCHF
> GBPCHF EURCHF EURGBP
> GBPCHF USDCHF GBPUSD
> GBPJPY AUDJPY GBPAUD
> GBPJPY CADJPY GBPCAD
> GBPJPY CHFJPY GBPCHF
> GBPJPY EURJPY EURGBP
> GBPJPY NZDJPY GBPNZD
> GBPJPY USDJPY GBPUSD
> GBPNZD AUDNZD GBPAUD
> GBPNZD EURNZD EURGBP
> GBPNZD NZDJPY GBPJPY
> GBPNZD NZDUSD GBPUSD
> GBPUSD AUDUSD GBPAUD
> GBPUSD EURUSD EURGBP
> GBPUSD NZDUSD GBPNZD
> GBPUSD USDCAD GBPCAD
> GBPUSD USDCHF GBPCHF
> GBPUSD USDJPY GBPJPY
> NZDJPY AUDJPY AUDNZD
> NZDJPY EURJPY EURNZD
> NZDJPY GBPJPY GBPNZD
> NZDJPY USDJPY NZDUSD
> NZDUSD AUDUSD AUDNZD
> NZDUSD EURUSD EURNZD
> NZDUSD GBPUSD GBPNZD
> NZDUSD USDJPY NZDJPY
> USDCAD AUDCAD AUDUSD
> USDCAD CADJPY USDJPY
> USDCAD EURCAD EURUSD
> USDCAD GBPCAD GBPUSD
> USDCHF AUDCHF AUDUSD
> USDCHF CHFJPY USDCHF
> USDCHF EURCHF EURUSD
> USDCHF GBPCHF GBPUSD
> USDDKK EURDKK EURUSD
> USDJPY AUDJPY AUDUSD
> USDJPY CADJPY USDCAD
> USDJPY CHFJPY USDCHF
> USDJPY EURJPY EURUSD
> USDJPY GBPJPY GBPUSD
> USDJPY NZDJPY NZDUSD
> USDNOK EURNOK EURUSD
> USDSEK EURSEK EURUSD
Asian stocks gain on bank earnings optimism
Mizuho Financial Group Inc. jumped 3.7 percent on speculation the Bank of Japan may act to shore up bank capital and after London-based Barclays Plc said it had a strong start to 2009. BHP Billiton Ltd. rose 2.2 percent as copper climbed to a four-month high yesterday. Woodside Petroleum Ltd. gained 2.3 percent on higher oil prices.
This upward movement in the market could continue until the early part of April. Expectations are heightening that we’ll see some additional policies designed to aid the economy and boost stock prices.
The MSCI Asia Pacific Index rose 0.9 percent to 76.93. Nikkei 225 gained 1.5 percent to 7,818.82, Kospi Index rose 1.3 percent. Australia’s S&P/ASX 200 Index climbed 1.8 percent.
Mizuho gained 3.7 percent to 196 yen in Tokyo. Mitsubishi UFJ Financial Group Ltd. rose 3.4 percent to 456 yen.
BHP rose 2.2 percent to A$31.68. Rio Tinto Ltd. gained 1.2 percent to A$51.38. Woodside Petroleum rose 2.3 percent to A$36.88 in Sydney. Inpex Corp. gained 3.1 percent to 664,000.
Asian stocks gain on bank earnings optimism
Mizuho Financial Group Inc. jumped 3.7 percent on speculation the Bank of Japan may act to shore up bank capital and after London-based Barclays Plc said it had a strong start to 2009. BHP Billiton Ltd. rose 2.2 percent as copper climbed to a four-month high yesterday. Woodside Petroleum Ltd. gained 2.3 percent on higher oil prices.
This upward movement in the market could continue until the early part of April. Expectations are heightening that we’ll see some additional policies designed to aid the economy and boost stock prices.
The MSCI Asia Pacific Index rose 0.9 percent to 76.93. Nikkei 225 gained 1.5 percent to 7,818.82, Kospi Index rose 1.3 percent. Australia’s S&P/ASX 200 Index climbed 1.8 percent.
Mizuho gained 3.7 percent to 196 yen in Tokyo. Mitsubishi UFJ Financial Group Ltd. rose 3.4 percent to 456 yen.
BHP rose 2.2 percent to A$31.68. Rio Tinto Ltd. gained 1.2 percent to A$51.38. Woodside Petroleum rose 2.3 percent to A$36.88 in Sydney. Inpex Corp. gained 3.1 percent to 664,000.
TLATOMI
In nahuatl (aztec language), tlatomi means ''to win money''
SETUP
1 - 4 Hour chart (This system works best with GBP/USD, GBP/JPY)
2 - NonLagMa_v4
- Filter=20
- Color=1
- ColorBarBack=0
- Allbars=0
- Otstup=30
- Per=9.0
- Don't forget to change the colors also (0=blue-1=red)
- pq=4
- pr=8
- ps=5
- trigger=4
Enter long when :
1 – a blue dot appears
2 – the ergodic CCI crosses up the trigger line ( blue line crosses up the red one )
3 – NonLagMa color changes to yellow
Enter short when :
1 – a red dot appears
2 – the ergodic CCI crosses down the trigger line ( red line crosses down the blue one )
3 – NonLagMa color changes to yellow
Exit
Exit when a new dot appears (red if you are long and blue if you are short). This method gives you mecanicals trades. Don't hesitate to transform them into a discretionnay trade after because you can see things that the system can't. Sometimes, it will be the difference between a 30 pips trade and a 300 pips trade. Once you move your stop to breakeven and add a trailing stop – you can't wait alittle more time to see what the market wants to give you.
Stop
In general, I look for previous daily Resistance-Support but I don't have only one method for my stops. You can also looks for the high or low of the previous bar.
Remarks
Price enter :
The price enter is the open price of the candle or bars where the NonLagMa is yellow.
Ergodic_CCI :
The signal is stronger when the FX Sniper's Ergodic_CCI_Trigge is above 300 or under -300.
NonLagMa :
''The non-lag MA does turn yellow/non yellow while the current candle/bar is still forming ... so i
wouldn't enter a trade until the end of the current candle confirms that the yellow section doesn't switch
back to a non signal. So remember wait till the candle is fully formed until entering a potential
trade!!!!'' Matrung (FF member). What's matrung says is right but it's depend if you are agressive or conservative ! If you are agressive, you can go when the non lag show for the first time a yellow line but if you are more conservative, like matrung said, wait for the candle to be fully formed. To be more conservative means less profit but also more safety.
The order :
I don't take a trade when the cross happens before the dot or when the cross happens after the nonlag. So, i wait for a dot then for the cross and then for the nonlag.
It doesn't matter if the cross and the nonlag happen at the same time but like i said earlier, the cross should never happen after the nonlag.
Examples
GBP/USD : 4H1. red dot
2. Ergodic & CCI cross
3. NonLagMa Yellow
Enter Long :
Buy : 1.8368
Stop: 1.8315
Exit:
4-Blue dot
Exit @1.8534
Profit: 166 PIPS
1. Indicator
2. Template
Discover the Top 100 Safest U.S. Banks
Combine that fact with the latest headlines you’re reading about big name banks needing bailouts and you have a rude awakening of just how unsafe your bank may be.
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The free report will show you:
- The Top 100 Safest U.S. banks (two for each state)
- How you can choose a safe bank.
- Five incredibly risky banking conditions.
- How even the FDIC can't really guarantee your money.
- Tips on international safe banking.
Stop worrying about your money and get expert information on what you can do to protect it.
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U.S. nonfarm payrolls fall 651,000 in February, jobless rate surged
The Labor Department on Friday said the unemployment rate surged to 8.1 percent in February, the highest level since December 1983. That was above market forecasts for a rise to 7.9 from January's 7.6 percent.
January's job cuts were revised to show a steep decline of 655,000, while December's payrolls losses were adjusted to 681,000, the deepest since October 1949. Since the start of the recession in December 2007, the economy has purged 4.4 million jobs, with more than half occurring in the last 4 months. While that figure was near economists' expectations for a 648,000 drop in non-farm payrolls, January and December job losses were revised sharply higher.
FREE EBOOKS
- 7 Habits Trader
- 123 System
- Interday Trading with ick
- Minachi Technical (password ver101)
- welcome-to-forex
- Swing Trading
- 1% Candlestick
- Indikator Ekonomi (Bhs. Indonesia)
- Coming soon
Dance With Wolf
Not thought ....
Amazing ..... etc.
Because every day: There is something new .... many new things in the city of Bandung, acquaintances and of course have ... Many be done .... and a lot of bids. Cash and of course add private. I strived so just flow ...... participate in rhythm .... and dancing inside. When I'm talking with another trader, I always say I will be what if we follow their rhythm (market).
Dance ... sway there here .... increase, down, sideways, stag, saturated (apalah language ...). Jgn afraid and do not hesitate .... let's dance .... enjoy the .....
Unfortunately for fun, we're not given much in the style of alternative ..... only 2 languages familiar dance up and down ....
I was with friends to try dance, when prices are moving we will open the first open opposite ..... there is no fear ..... dancing and dancing .... my friend is very good in the dance ... he joined up with the market ...... I prefer being down and of course live in the market ..... (probably because it is too hot menarinya) .. but hey ... I agonized dong jgn left ... I have finally joined the dance of the "Mrs LARGE" ....... and the more we enjoy, dancing together and gain back together.
Mrs LARGE ago whisper to me: the first dance you sdh bagus cuma movement you unfortunately too complex .... but despite okelah and join me again .... gitu dong ... jgn Thinking too much and consideration .... just slow ... yet at last I give you a good dance.
I think Mrs LARGE too arrogant .... never mind .. I dance, but eventually the better .... because the Mrs to give a clear choice dance .... and finally, I always say ... BIG MADAME not ask more from you ..... Simplify your purpose .... YOU HAPALKAN dance on the setting and create a certain rhythm OPTIONS good dance when it goes ... and Mrs. LARGE will smile on you.
(If I am pleased to say whether this clock as you danced speculator? Or your dancing as a FOLLOWER ..?)
Let's Dance Brother .... HAP HAP HAP ...
This special persembahkan me to ADRY_DEE_JAY, KLUX and PROFITAKER ...... my friends do every day work sent signal to customers and Hey ... to friends-trader forum indofx faithful here I dance with a beautiful dance .... in this Planet.
Bandung, July 2008
Automatic Trading Expert Advisor F.R.ED full test version
Apply to a EUR USD 30 min chart
Important Instructions:
After you set up, wait for trades to be placed.
Depend on current market conditions, you could see trades placed within the hours after you set up the system. Normally, you should see trades placed between 24-36 hours
FRED will open trade a few times a week when its internal indicator find the proper market conditions to open trades. FRED doesn't have to open many trades or trade every single day.
The goal is to make a profit, not to make many trades. Usually FRED open 2-15 trades a week !
No trades will be performed during the weekend so there is no need to turm off the EA, it will sleep and continue to trade as soon as the market is opened again.
Lot size and Risk : For every 0.1 lot size of the EU your account will use approx $70. So I recommend using these lot size setting for different account sizes :
Account balance $500 : 0.1 lot size
$1000 - 5000 : 0.5 - 1 lot size
$5000 - 10000 : 1 - 5 lot size
Disclaimer : This is full test version only. Use it at your legal-own-risk. For legal authentication please visit original website
Download here
!
