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Martingale Trading Strategy

August 24, 2011
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Some say Martingale strategy is 100% profitable. But is this true? The martingale theory was introduced by a French mathematicians Paul Pierre Levy and American mathematician Joseph Leo Doob. The martingale  system can be summarized as follows. Each time a bid loses, the next rate doubles. We doubled the rate until not win. Winnings will offset all previous losses. But you need BIG equity to make this system work. Those systems have a really nice profit curve that makes you giggle :) But how long will a system like this perform well? That’s really easy to answer, martingale systems perform well until they kill your entire trading account. Nice eh?

martingalefx

Awesome right? But don’t forget, you’re risking 100% of your account balance. So think about it, there are a lot of martingale forex robots out there, some even for free.

Great FOREX contests with prizes up to 2000$

August 18, 2011
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Join the Grand Capital group and start earning money with FOREX contests! The prizes are awesome, up to 2000$!

You can participate on the next contests on DEMO accounts:

  • Rally trade - this contest is held every 2 weeks on Thursday.  You’ll get 10 000$ on your demo account and it’s necessary to perform maximum profit in 24 hours.
    And here are the prizes:
    #1 – 2000$ + 200$ if the winner deposits 200$+ into account
    #2 – 1000$ + 200$  if the winner deposits 200$+ into account
    #3 – 500$ +  200$  if the winner deposits 200$+ into account
  • Drag trade – this is the fastest contest and it’s held every Friday from 15:00 to 16:00 (GMT+3). You’ll get 100 000$ into your demo account and it’s necessary to perform maximum profit in 1 hour.
    Prizes:
    #1 – 200$ + 100$ if the winner deposits 100$+ into account
    #2-10 –  10$ + 100$ if the winner deposits 100$+ into account
    #all traders with finished equity over 100 000$ will get 100$ bonus on any 100$+ deposit
Grand Capital still offers 5 USD free welcome bonus to all new clients.

After registering and choosing the Micro account just send a ticket to “Financial Department” with the following message:

Hello, Grand Capital.
I found you on FreeFxBonus.com
My name is “your name”
Please deposit a welcome bonus on my account “your account number”

I’ve read the condition of the consent.

Thanks.

It will take up to 72 hours to add bonus to your account!

HotForex Extended their Services

August 4, 2011
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Join HotForex with a 50% withdrawable bonus and start trading with the best regulated STP/ECN forex broker. I have been using them for a while now and they are an excellent group. I am very impressed with their professional and quick support.

You can trade:

  • 12 Indices
  • 43 Currency Pairs
  • 2 Oil Types
  • Silver and Gold (EUR, USD)
They still offer a huge bonus on any deposit made, the bonus is 50% and withdrawable.

 

Account Types Micro Premium Currenex VIP
Spreads from 1 1 0.2 0.2
Max leverage 1:500 1:300 1:300 1:300
Min deposit 5$ 500$ 500$ 40,000$
Min lotsize 0.01 0.01 0.01 0.5
Commision No No 5$/Lot 3$/Lot
Min lotsize 0.01 0.01 0.01 0.5

Stay HOT, Join Hot Forex

:arrow: Meta Trader 4, Mobile, SmartPhone, Android, I-Phone, Webtrader
:arrow: Floating spread
:arrow: USA customers friendly
:arrow: Forex Trading
:arrow: Gold/Silver/Oil Trading
:arrow: Indices Trading
:arrow: Trader Awards 1st Place gets 1000$ (monthly)
:arrow: 50% Deposit bonus ACTIVE

Monthly Forex 999 USD Contest

August 1, 2011
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Join FBS (Finance Freedom Success) start trading and use their advantages.You get 5$ welcome no deposit bonus on their MICRO account and you can take part on their great monthly contests.

Prizes of the 999$ contest:

1st prize - 555 USD
2nd prize - 333 USD
3rd prize - 111 USD

The rules are very simple:

  • Starting contest equity is 9999$
  • Contest account leverage 1:100
  • It is prohibited to open or set any orders on the contest account before and after the contest.
  • Only one account/IP
  • Prizes are paid to the contestants’ real account and are withdrawable.
  • EA’s/hedging/scalping/pip hunting is allowed
  • This contest is organized every month
  • The contest will take place during 16.08.11-16.09.11
  • Pre-registration for the contest will be open since 28.07.11 till 15.08.11.

Market review 29th July

July 29, 2011
By

Everyone is speculating about the US default, but they will get some sort of deal done. As it was obvious all week, it’s going to involve significant comprises on both sides. But really, which is in worst shape, U.S. or Europe ? Both have some hard times but the Swiss Francs (CHF) is really gaining compared to both currencies EUR and USD.

This deal in the U.S. has to get passed before Asian markets open for trade on Monday morning, or the fear based USD selling could rapidly get out of control.

As expected, losses on the day are relatively indiscriminate, with market participants lightening their exposure to equities in the event of a pending US default. The healthcare and materials sectors are seeing the biggest percentage declines, with more modest selling being evident across consumer, financial and energy names. And here is a nice visualization of the US debt problem!

The most common traded pair EUR/USD closed lower on Thursday following Wednesday’s reversal down so it appears to have marked a double top with the early-July high. The mid-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are turning neutral hinting that additional weakness is possible near-term. Closes below the 20-day moving average crossing would confirm that a double top with the early-July high has been posted. If September renews the rally off July’s low, July’s high crossing is the next upside target.

GBP/USD closed higher due to short covering on Thursday as it consolidates some of Wednesday’s decline. The high-range close sets the stage for a steady to higher opening on Friday. However, stochastics and the RSI are turning neutral to bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it extends this month’s rally, the reaction high crossing is the next upside target.

50% free withdrawble forex trading bonus

July 20, 2011
By

HotForex came out with this awesome free forex deposit bonus! 50% this is just awesome! It’s a great regulated broker with fast market execution! This is the best free forex deposit bonus in 2011! Don’t miss out trading with a true STP/ECN broker that’s taking good care for it’s clients. I’m trading with them and I’m very pleased with their performance! You can choose between four different account types with minimal deposit 5$!

Example: You deposit 500$, you get 50% bonus that’s another 250$ = 750$ on your real trading account with a true STP broker! And the great thing is, you can withdraw the bonus after closing deposit/1= Lots. You’re going to love HotForex as your broker, the best STP/ECN regulated broker.

Account Types Micro Premium Currenex VIP
Spreads from 1 1 0.2 0.2
Max leverage 1:500 1:300 1:300 1:300
Min deposit 5$ 500$ 500$ 40,000$
Min lotsize 0.01 0.01 0.01 0.5
Commision No No 5$/Lot 3$/Lot
Min lotsize 0.01 0.01 0.01 0.5

This is the best deposit forex bonus in 2011! Just register and start trading!

USA clients join now! You can use higher leverage, you can hedge and no FIFO is applied.

:arrow: Meta Trader 4, Mobile, SmartPhone, I-Phone,, Webtrader platform
:arrow: Floating spread
:arrow: USA customers friendly
:arrow: Forex Trading
:arrow: Gold/Silver/Oil Trading
:arrow: Indices Trading
:arrow: 50% Deposit bonus ACTIVE

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