I thought I would send some traders something you may not have heard about. Were all here to help each and this is something free that can help anyone that trades live. Its forex rebates. Basically its a company that refers people to brokers and then you get some of that money. Most brokers pay you $6 per standard lot you trade so if you trade the Euro and have a 2 pip spread it makes it more like a 1.4 pip spread after you get the rebates. Ive been signed up for 3 months with them and they have paid me my rebates on time. If they ever start slipping Ill let you know that as well. Enjoy, the link is below.

Forex Rebates & CashBack

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Hi gojilover,

I'm a newbie in Forex. As far as technical analysis is concerned, what tools/charts should I pick up?

Could you explain your strategy just a little bit for me:

strategy; with a close above 10 ema, place a buy stop at the nearest 5 or 10 above the high of the closing candle. if the high was 1-2-3-4, set buy stop at 5; 5-6-7-8-9, set buy stop at 10; set 50 tp, 25 s/l and work your trade.

I'm a newbie and I'm not sure what you mean by the sequences 1-2-3-4 and 5-6-7-8-9

Are you using any other indicators other than the 10 ema? I have a few goals for my system: to trade 8-12 TF EUR/USD, hit +50 pips per day, and obviously a reasonably HIGH success rate. I don't want to have to trade A LOT because I fear burning out and making stupid mistakes. I tried this idea on Friday and gained +75 pips!! It felt good to just quit and take the profits and I only traded from 09:42am-11:00am...4 trades.

I'm currently trading trends watching stochastics for hooks up or down and riding it down to a fibonacci retracement. Used a 15 minute TF today with great success.

I'd like to learn your strategy in a little more detail. THANKS!

Ed