http://www.dreamteammoney.com/index.php Sat, 04 Jul 2009 05:34:58 -0400 1440 http://www.dreamteammoney.com/index.php?showtopic=78544
The way it works is that the service provider CBFX signs up as an introducing broker and receives a monthly commission from all trades done by the clients it has recruited. This particular provider is passing on about 70-80% of all commissions earned in form of a cashback to the traders every month. All in all it is a win-win game. CBFX makes a small commission on all trades and you as a trader get a kickback on your trading.

Here is a breakdown of the money I earned in May. I have a ALpari Uk Classic account with about USD 4000. I trade with two of the most well known Expert Advisors.

EURCHF: 19.3 Lots
EURGBP: 3.7 Lots
EURUSD: 8.0 Lots
GBPCHF: 7.4 Lots
USDCAD: 4.8 Lots

Total: 43.3 Lots
Average pip value: $9.84
Discount: 0.42 Pip per roundtrip lot traded

Total cashback discount in May: 43.3x9.84x0.42 = $179

All in all 179 dollar cashback on an account with a size of USD 4000 is not that bad. In fact it is almost 5% in only one month.

To find out more about how to get discount on your trading check:

You can get a kickback from several of the major brokers, for example

Alpari
FXDD
FXCM
PFGBest
FXOPEN
Dukascopy]]> Mon, 29 Jun 2009 16:48:37 -0400 78544 http://www.dreamteammoney.com/index.php?showtopic=78530
hope you enjoying....today we open discussion How to catch reputbale Forex Signals...

If you decide that you really want to go ahead and purchase Forex signals, there are few things you should think about. First, you should only work with those who give you a free trial. When it comes to legitimate businesses, they will be willing to allow you to test their information before committing to the full cost. If the business is not willing to do this, you should probably take your business elsewhere. You also should think about getting audited results from the provider. This is a great way for you to feel better about working with the company and to get real results from their Forex signals. If a company is unwilling to give out this information, you should go elsewhere as well. If you are going to spend money on information that you hope with help you, and not hurt you, you should be working with someone who is willing to open up with real previous results. A company that believes in their information is easier to trust than one that seems to be hiding something...

What else you can do....]]> Mon, 29 Jun 2009 14:53:14 -0400 78530 http://www.dreamteammoney.com/index.php?showtopic=78527
My name is Jane and I have been a member of this forum for awhile now.

I have just started trading forex about a year ago....but still consider myself a rather newbie.

As I believe even though one is making profits from forex now....but it is always good to upgrade
both our trading skills and psychology ( important! )

Most of my trades are using manual trading strategies but I do use both an EA or Forex Signal service to compliment my trades too.

That's provided I have tested them to my own satisfaction before I dare to trade using real money.

Recently I have been testing the Forex Automoney signal service too..

And my own findings are rather " surprising " to most...

Some people would say their signal service is total scam....

But some people would claim that it works for them....( even to the extend of making thousands daily with small capital )...

I finally found the truth about forex automoney...

And I must say ...it is neither a Scam nor Get Rich Quick forex service...

That's provided that person joined the signal service with the " right mentality ".....and practice certain essential trading fundamentals such as good money management.

I have created a blog sharing my " In-Depth " findings about Forex Automoney..

Feel free to visit my Forex Automoney Review blog here ( if you are keen to know the truth ) :

=> http://www.forexautomoneytruth.info

I hope my sharing of the findings would help anyone make a " More Informed " decision before joining this so called highly acclaimed forex signal service.

Cheers to all and happy trading.

- Jane

]]> Mon, 29 Jun 2009 13:28:59 -0400 78527 http://www.dreamteammoney.com/index.php?showtopic=78349
The chart should consist of candlestick, the 4 period EMA in RED, the 12 period EMA in YELLOW and the 63 period EMA in BLUE

THE TRADING PLAN
When the 4 crosses and is below the 12 and both of them are below the 63, this is a sell signal. When the 4 crosses and is above the 12 and both of them crosses and are above the 63, it is a buy signal.

Try out this strategy in demo mode. Develop more on it before applying it to your live account.

To your trading success...]]> Thu, 25 Jun 2009 13:04:16 -0400 78349 http://www.dreamteammoney.com/index.php?showtopic=78289 2 pips for 2 weeks at June – Easy Forex

Easy Forex – For 2 weeks trade the majors from just 2 pips!

Fund your account from just $50 by 30 June 2009 and get 2 weeks of trading the currencies below at half the cost.

USD/EUR 2
USD/JPY 2
GBP/USD 2
USD/CHF 2
AUD/USD 2

Special offer only available for new accounts that have not deposited funds into their account. Duplicate accounts will not be accepted.]]> Thu, 25 Jun 2009 03:22:59 -0400 78289 http://www.dreamteammoney.com/index.php?showtopic=77980 I know absolutely NOTHING about forex. Well, actually all I know is that it's trading currencies. I tried to learn about it but it's all Chinese to me. I am too young to start Forex trading right now, but in a year I want to fully understand what Forex is all about.

Is there any sites/blogs that you guys could redirect me to so I could learn about it?]]> Fri, 19 Jun 2009 18:21:11 -0400 77980 http://www.dreamteammoney.com/index.php?showtopic=77960 I am a newbie forex trader.
During a long time for learning forex trading, i want to share my result with everybody now.
I will try my best to post forex signal twice daily : morning (05:00AM - 07:00AM GMT) , afternoon (10:00AM - 12:00PM GMT).
I hope this is helpful for everybody. Thanks for reading !

Friday, 19 June 2009 11:45 GMT

GBP/USD
Trend : Downward
Sell GBP/USD at 1.6426 Target 1.6396

EUR/USD
Trend : Downward
Sell EUR/USD at 1.3930 Target 1.3900]]> Fri, 19 Jun 2009 07:59:24 -0400 77960 http://www.dreamteammoney.com/index.php?showtopic=77932 Weekly Trend direction: Bearish
Weekly trend reversal level: 1.4180
Key G7 resistance levels: 1.3965, 1.4015
Counter-trend opportunities:
Strategy: Whilst below the weekly trend reversal level sell rallies to resistance levels after an entry signal.
Today's trade suggestion:
All is going to plan, and the euro failed to make a new high last week. We should see a retest of the lows at
1.3820 some time this week. We continue to sell euros into rallies, whilst below the key weekly reversal level at
1.4180, with resistance levels stacked up from 1.3950 to 1.4150. Expect a bounce from 1.3800, although this may
be short lived, with a break below there leading to a fall towards a sharp fall to 1.3300. Notice the large “head
and shoulders” pattern on the daily chart, which held perfectly last week, and this pattern also has a minimum
target of 1.3300 – we have a good chance of reaching there this week.
UPDATE: Not a lot to add to the strategy, and we have moved lower as expected. It seems that 1.3965 (where the
price is right now) will form an effective resistance, and we should move lower from here. Continue to allow for
another rally to 1.4015, if this trade fails.
Summary:
Sell rallies to 1.3950/65, stops above 1.3935. Target 1.3800 and then 1.3300. Be prepared to sell higher at
resistance if this fails.]]> Fri, 19 Jun 2009 04:49:55 -0400 77932 http://www.dreamteammoney.com/index.php?showtopic=77898
why look far and spend more when you can just have it for free....at www.wsd-nz.com they have this metatrade4 mobile smartphone edition and metatrade4 mobile for PDA (pocket pc)....and they are just offering this to their customers free of charge....]]> Thu, 18 Jun 2009 08:40:16 -0400 77898 http://www.dreamteammoney.com/index.php?showtopic=77684
Hope you're ready for new forex trading adventure...

Check it out:

* Each one uses a different timeframe (5 minute, 15 minute, 30
minute, and one-hour bars)...

* Some of the trades look as little as 10 minutes from entry to
exit...

* Now, they can't all be good trades, of course; but 88.24% of
them turned a profit...

* Total profit was 793 pips, or $7,720 had you traded 2 standard
lots. Not bad for a few minutes of "work". ;-)

I think you'll agree with me if I say that's awesome...

To watch them, just login to his Forex Income Engine 2.0
member's website preview. This is similar to the site you get
access to when you become a student.

Get in here:

Your username is: readyto
Your password is: enroll


dekac
]]> Mon, 15 Jun 2009 15:49:11 -0400 77684 http://www.dreamteammoney.com/index.php?showtopic=77608
I have been running this EA for 3 weeks on demo account and not a single loser after about 30 trades. Last week I went live and have had about 12 trades so far, all winners.

For my live stats check: http://tinyurl.com/nov75o


It is not a new EA, but it uses a very proven and tested methodology. According to my opinion, this is one of the best EA:s on the market at the moment.
]]> Sun, 14 Jun 2009 06:19:23 -0400 77608 http://www.dreamteammoney.com/index.php?showtopic=77451
These 5 things to look for will help you find the best Forex broker, the one that's right for you.

1.) Minimum Deposits

As an expert trader, the first thing I look for in a broker is always the minimum deposit. Those offering mini accounts, with a minimum deposit of $25, are generally great for more inexperience, possibly new traders. Those which offer higher minimum deposits are generally geared from more professional, experienced traders who are ready to risk more money trading currencies. While this isn't an indication of whether or not it's a quality broker, it surely tells you the type you're dealing with.

As a newer trader, a mini account with a small initial deposit is a great choice. If you're an expert trader, choosing a broker with an advanced platform geared towards experienced traders may be the best option.

2.) Customer Reviews

Independent reviews and testimony's are very important because they show you the types of experiences real people have had with a specific brokerage. When looking for reviews, remember that people are more likely to post if their experience has been negative and reviews on a broker's own website will always be positive, so I wouldn't even take those into account as they are usually biased.

3.) 24/7 Customer Service

Customer care is extremely important to me! If you're having trouble with execution, using the platform or making deposits & withdrawals, it really helps to have understanding, knowledgeable & caring customer service agents on your site 24 hours a day. Talking to a real person about a question or problem is so much easier and more convenient than reading an FAQ page. You deserve a broker with 24/7 service, after all, it's your money!

4.) Other Services Offered

Check for market news feeds, commodity trading or other currency pairs besides the majors that are offered by all brokers. These types of services may not seem like a big deal now, but once you're making money and gaining experience, you may be interested in them later.

It's also important to note that a broker which offers more services generally has more financial backup, meaning the chances of it going under with your money are very small.

5.) Trying A Demo Account

Always trade on a demo account before choosing a broker. A demo will let you try the platform, test the execution, customer service and news feeds which are all vital parts of your trading experience. Demo account should be free and you can try as many as you like before actually making a deposit.]]> Thu, 11 Jun 2009 23:48:01 -0400 77451 http://www.dreamteammoney.com/index.php?showtopic=77448
What I offer here is intradaily and daily signals regarding Cable and Gbp/Jpy, using my signals you are making average 600-1000 pips a month...Which I have been averaging for the last year.. (Worst month~200pips).
I also offer selling of my forex system which comes with 10 hours of couching to sharpen your skills using it...

For more info contact Benjiebank@gmail.com, I will offer a week demo package for a discounted price..
Prices depend on the type of signal and delivery option (SMS or Email)

Accepted Payments :
Webmoney, Libertyreserve, Moneybookers, WU, Moneygram]]> Thu, 11 Jun 2009 20:56:20 -0400 77448 http://www.dreamteammoney.com/index.php?showtopic=77371
Hope you'ready to make profit on Forex market finaly...

First of all, you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.

Secondly, incorporate price action into your system. So you only take long signals if the price behavior tells you the market wants to go up, and short signals if the market gives you indication that it will go down.

Third, and most importantly, you need to have the discipline to follow your Forex trading system rigorously. Try it first on a demo account, then move on to a small account and finally when feeling comfortably and being consistent profitable apply your system in a regular account...


Regards


]]> Wed, 10 Jun 2009 15:54:45 -0400 77371 http://www.dreamteammoney.com/index.php?showtopic=77181 GBP/USD
Weekly Trend direction: Bearish
Weekly trend reversal level: 1.6670
Key G7 resistance levels: 1.6100, 1.6220, 1.6300
Counter-trend opportunities:
Strategy: Whilst below the weekly trend reversal level sell rallies to resistance levels
after an entry signal.
Today's trade suggestion:
More volatility last week has created opportunities for momentum traders, but will have
vexed range traders and those trading with tight stop losses. The price action after the US
jobs report has resulted in a weekly reversal pattern (spike high and “dark cloud cover”)
and I have decided to change the direction for this week to short. That means we’ll look to
sell the pound into rallies, with the obvious resistance levels at 1.6100 and 1.6200. As
there is no sign of basing at all right now, it’s quite likely that the pound will drop further
before retracing, which means we may not get a selling opportunity in the early part of the
week. The target for short trades in the early part of the week is 1.5800 (the rising trend
line)
Summary:
Sell rallies to 1.6100 or 1.6200 after a clear G7 entry signal. Target 1.6000 and
then 1.5800.]]> Mon, 08 Jun 2009 03:44:17 -0400 77181 http://www.dreamteammoney.com/index.php?showtopic=77152
I'd like to get everyone's opinion on this, which type of broker bonus do you prefer?

Welcome Bonus

Cashback Bonus

Forex Bonus for Every Deposit

Non-Deposit Bonus

Competition Bonus

I prefer prizes - laptop, holiday, car... etc

Thanks for your input!]]> Sun, 07 Jun 2009 19:06:12 -0400 77152 http://www.dreamteammoney.com/index.php?showtopic=77049
Am still a newbie to this forum and I would very much like to do my part and contribute useful articles and trading tips on forex related topics to share with all..

After a good coffee session with my wife just now...

And having chatted about subject on what could be considered a " Winning Forex Trading Strategies Of All Time...."

It suddenly lighted the bulb in me and you might have guessed it too..

Yes...I have decided to contribute what I know about this topic and share in this thread.

Do feel free to comment or add on to where I left out if you want ya....

After all....this is a community sharing atmosphere..

Where we contribute good articles and trading tips.....others would benefit from it.

And one day....someone might contribute something which we " ourselves " need and then benefit BIG Time from it...

This kind of cycle is indeed motivating .... ( at least to me...) * Smile *..

Alright...let me share my view on what's the " Winning Forex Trading Strategies Of All Time " for now..

These strategies only consist of 4 proven aspects…

And they are relatively simple to follow and master ( if you allow yourself to do so...)

Majority of the traders who are ” still ” not making Consistent Profits from their trading is ONLY concerned about looking for the ” Magic System or Holy-Grail ” in forex trading.

And they happily forgo the importance of using Good Money Management, Risk/Reward ratio …..and more critically - Be Consistent !

Any traders who bother to take into account each aspects of these 4 elements before entering into a position ….has already PUT ALL ODDS ON HIS/HER SIDE…

With that…..it is hard NOT to make any profits month after month ! * SMile *

----------------------------------------------------------------------------------------

1st Winning Element :

A Forex Trading Strategy Of At Least 60% Winning Rate

Yes….You’re hearing it right.

Don’t need 100% or even 90% …..not even 80% or 70%….but just 60% success rate would do You GOOD in the long run.

Unless you are a total newbie and have not even trade on a Demo account before…

Then I am sure you probably have at least WON once or twice….and profited some nice Pips.

It can be 10 Pips….30 Pips….or even 100 Pips at least.

Well wait !!….I am not talking about those trades where you anyhow guess or simply gamble your way through based on wild guess and luck.

If you do it that way…then those trades are not consider Winning trade because it is GAMBLING and not based on ANY proven system.

What I talking about here is that - You actually try using a proven system ( which can be simple moving averages or just based on high probability patterns…etc ) and hit your ” Take - Profit ” target.

When you have WON at least once this way…then you already have in your arsenal a strategy that is at least 60% accurate I am sure.

The main obstacle you have to overcome with any strategy is whether can you be consistent with it and ” filter “ off the false signal or not…

Let me share with you a simple strategy here which can easily achieve 60% success rate as example ….

With this strategy, I will be using just ONE technical indicator called the Bollinger Band - Very common and easily to use indicator, good too.

In most of the latest forex trading platform, this Bollinger Band is most often available ….so no problem at all.

Basically with a Bollinger Band - There will be 3 lines forming a upper and lower band.

When the market is ranging or consolidating…..these 3 lines would be very close together forming a narrow channel.

On the other hand, when the market is trending…..these 3 lines would ” Open ” up wide apart indicating a trend is in place and volatility is high.

So what’s the common and proven way to use this Bollinger Band then ?

Easy….

When the band is tight together……it shows that the price is moving in a range - Meaning the price bounce from the Upper Band to the Lower Band.

So to trade this kind of market condition, simply SELL when the price reach the upper band when it’s turning down…

And simply BUY when the price reach the lower band and starting to turn up…

What about when the 3 lines OPEN up ? How to trade ?

If the 3 lines Open up….forming very wide channel…

It indicates that there’s a TREND in place..

If the price is in the UPPER BAND…….it is often a UP-TREND.

If the price is in the LOWER BAND…..it is often a Down-Trend..

So far very easy to understand right ?

Of course….that’s why I said this is one common and easy trading strategy anyone can use.

However…

By merely knowing whether the market is Ranging or Trending ( as indicated by the Bollinger Band ) is NOT enough to help You nail those precious Pips consistently..

You NEED to know ” WHEN ” to enter into position so that ALL ODDS ARE ON YOUR SIDE !

More importantly…..You need to know ” When ” to get in so that You’re achieving a very GOOD RISK/REWARD ratio each and every time you decide to trade.

With that….what’s coming up next is of course the Good Risk/Reward ratio.

------------------------------------------------------------------------------------------

2nd Winning Element :

Good Risk/Reward ratio

…..What’s a Risk/Reward ratio ….?

If you’re even wondering about this …then it is really lucky for you to be reading this now than regret later. LOL.

Because without understanding and practicing this, it is hard for any trader to consistent make profits every month…

Just as the name implies..

It is the ratio of Risk vs. Reward..

Risk is ( in term of Pips ) how much you would be losing in a particular trade if your judgement is wrong…

Reward is of course how much you would win with your pre-defined Take-Profit target.

What can be considered a good Risk/Reward ratio then…..( in order to succeed in the long run ) ?

Since the 1st element is to have - A Forex Trading Strategy Of At Least 60% Success Rate..

Then isn’t it logical for me to say that …as long as your Risk/Reward ratio is 1 : 1 ..

You would make money as long as you’re consistent with that.

——————————————————————————————————

Some mathematical example here to explain on this :

With a Risk/Reward ratio of at least 1 : 1 …

Say for each trade, your Risk is 30 Pips

And Reward is 30 Pips..

Having a 60% Accuracy Forex Trading Strategy…

It means out of 10 trades, 6 would be winnings…4 losings.

Winning : 30 x 6 = 180 Pips

Losing : 30 x 4 = 120 Pips

Profits = 180 - 120 = 60 Pips ( spreads taking into account )

With this example….I hope you can also see the importance of using a really Good Risk/Reward ratio for each and every single trade you decide to take.

In fact….for all my trades, I would only be aiming for at least 1 : 1.5

50% more than 1 : 1

Which also means ….if I only maintain at 60% success rate, my profits would be 50% more every month!

Cool isn’t it…

Imagine if you can master using a good Risk/Reward ratio…

And multiplying across 2-3 currency pairs…

Can you now understand how much Pips YOU would be making each time …? * smile *

That’s the absolute power of using a good Risk/Reward …..Proven !

----------------------------------------------------------------------------------------


3rd Winning Element :

Stick Strictly To Sound Money Management Rules

This is a very direct element.

For every trade you take, make sure you do not risk more than 3% of your total capital.

In fact…most traders would say 1-2% is a much safer range though.

But I personally think stretching up to 3% is perfectly fine as long as you already have a 60% accuracy forex trading strategy + good Risk/Reward in place.

Example ..let’s say you are trading with a $10,000 account :

You should not risk more than ( 0.03 x 10,000 = $300 ) each time…

Why the need for such Money Management Rules …? You might be wondering…

The reason is simple….

In any trading, there are NO 100% sure win…

Because it is a game of probability.

There bound to have some losing trades…..

Or ….sometimes there might even be A FEW losing trades in a single row…

Therefore depleting your account of some draw-downs.

That’s why to ensure that you would have ENOUGH capital to fight back again when there are good trading opportunities…

You need to have sufficient capital in the trading account - Even after losing a few trades in a row.

In trading…..we only think of the WORST case scenario….

Of whether do we have enough ” Capital ” ( or bullet ) to fight back again…when it’s appropriate.

What’s good if you have a very good trading strategy….but each time you lose….your account is almost WIPE OUT !

So it is really critical to stick to a good money management rules …….YES….in every trade you decide to take.


-------------------------------------------------------------------------------------


[u]4th Winning Element :

Adhere ” FIRMLY ” To The First 3 Elements ….And Be CONSISTENT !

In other words…..enter a trade only when your proven strategy told you so…( even if the set-up do not occur often….just be patience! )

And always use Good Risk/Reward ratio and sound Money Management …..it is really vital for every traders’ success.

Each and every single trade does matters !

More importantly…..when you are wrong and the trade hit your STOP-LOSS….do not be too affected or feel disappointed.

Don’t be like the many struggling traders who have the intense urge to fight back again thinking that ” THEY CAN”T BE WRONG” this time..

And WORST…..they enter again with even BIGGER LOTS presuming that they WON’T BE WRONG this time and hoping to win even more..

9 out of 10 times…..they would keep losing and losing…and ultimately bursting the entire account…

Simply because they are having a GAMBLING mindset….and literally let emotions and mainly GREED to cloud his logical judgement!

Don’t let that happen to You please !

I was once like that too…..and I know how miserable and de-moralizing it can be to Gamble with big lots and losing the entire account end of day….

Really devastating….

If this kind of common ” Fatal Trap” hasn’t happen to you yet….I really really hope You do not have to even go close to that feeling.

You certainly won’t like it…..I Guarantee ! LOL…

We humans just don’t like to keep losing……it’s natural…

By understanding and practicing these 4 proven elements..

You would be equip with a set of the most Powerful Winning Forex Trading Strategies Of All Time….no doubt about it !

....my 2 cent worth ...* smile *




]]> Fri, 05 Jun 2009 14:44:49 -0400 77049 http://www.dreamteammoney.com/index.php?showtopic=77047 if it does not open then just copy and paste on your browser. fpfpro.mt4stats.com
take note go to www.mt4stats.com and find out about them they offer live and direct stats from your brokers account. please go there and read about them. Atlast a good Ea and a reasonable price. $850. It will make your capital back in few days.
if you are interested to buy immediately then email me. gnachu@yahoo.co.uk]]> Fri, 05 Jun 2009 12:53:38 -0400 77047 http://www.dreamteammoney.com/index.php?showtopic=76953
I am Aaron here.

( Still a greenhorn to this forum though...)

I am a full time forex trader working from home trading mainly on the London market.

Just wondering are there anyone here who also trading solely on Forex Price Action strategies too ?

I know there are many traders ( esp. newbies and struggling intermediate ) whom started out using the so called " textbook technical indicators "....

But somehow just could not get the results ( and profits ) they wanted..

That's because relying heavily on technical indicators are not very accurate as they are mostly " lagging"..

I have learnt that the very hard way too a few years back and after realizing how Powerful Price Action is...

I begin to trade purely based on Price itself now...

That's because Price is the only Truth any trader can gauge the current sentiment from the market itself..

Which helps in projecting the short term response ( direction ) for the next trade we wish to enter...

So if anyone here who also share the same " view " as I am....maybe can contribute some useful tips you know about Price Action strategies too?

...So as to share with the forex community.... * smile *

Looking forward to hear from fellow traders here soon.

** Remain Focus....Keep The Ultimate Goals In Sight Always! **

Feel free to visit my blog on Forex Trading Strategies here if You want :

=> http://www.forextradingempire.com
]]> Thu, 04 Jun 2009 06:01:18 -0400 76953 http://www.dreamteammoney.com/index.php?showtopic=76887
I got an email regarding this today so just wanted to give you a heads up.
A Forex Trading System is being given out for FREE.
So far I have started it on a demo account and it seems promising.
For now it's FREE, and then it will become a paid system.
I think its only for a limited time so don't know much details but check it out:

(Atleast download it while its FREE)

http://www.RobinFX.com


Cheers]]> Wed, 03 Jun 2009 15:38:24 -0400 76887