General Undestanding

[Webster]

Hello Fellow Students,

I would like to see those among us who have a clearer understanding of fx to
HELP
everyone else ( including me ) regarding fundamentals of Fibs and
Elliot Waves/ Fractals/Nature/..... engage elaborate & embrace (the 3 e's).

The GREATEST thing you can do is to help someone else.

Webster

[rfredcpt]

Webster,

I'm not sure what your question is or what coorespondence you're looking for. Are you looking for someone to help you with MT4 charts or Fib's?

Rhonda

[gralbrecht]

Webster,

I agree with Rhonda, please clarify what you need!

I have years of experience and may be able to help

Gary

[Webster]

Thanks Gary/Rhonda

Sorry about the ambiguity.

For starters I like to know how to set up the chart with the Fib
tool. Is there a tutorial somewhere on how to use it?

Webster

[Robert]

I am new to forex trading but have previous posted real trades on FXCM platform.

I do not know where to begin, which tools to use to place informed trades.
Unfortunately I have not been able to attend the live webinars because of time difference.

My target is to start from scratch and get to know all that I need for trading. I am particularly interested in range trading. Hence I need to understand the bias and keys.

Where do I begin?

Robert

[Webster]

Hi Robert ,

I missed the first week myself. Am a little confused.
But I now understand OU etc has been having technical issues
with delivering the product/services.

It is important to go to the fx trader home page and go to
the webinar and video archive and watch the 1st week info/archives
from 03-08-09. They are helpful.
Also here is a link to Metatrader Tutorials from Alpari
that I find very informative. Good Luck.

Webster


http://www.alpari-idc.com/en/alpari_academy/video_tutorials/charting.html

[Webster]

Hey Robert,

When you go to the the link above review the fib tutorial.
Its an intro to what is being presented in this class.

http://www.alpari-idc.com/en/alpari_academy/video_tutorials/fibonacci.html

Webster

[Michael]

Hey, i was about to post the link to the Alpari video tutorials myself ...*-)

The tutorials are pretty good, even for newbies to learn about Metatrader too.

I trade with Alpari UK and can recommend them.

You also are able to earn rebates on trades with Alpari, if you use a service like the one to be found here (http://forexjedi.com/info/cashback.htm)

[dcantin]

Hi Rhonda,
I am having placing an order with the stop loss and take profit. I am told it's not valid. I tried placing the order and was filled but now I can't modify the order to place the tp and sl. Any ideas?
Thanks for any help.
eur/usd

[J-Man]

Hi dcantin -

At the bottom of your Metatraderr page you will see some tabs: Trade - Account History - News - Alerts - Mailbox - Journal. Select the Trade tab, you should see all open trades. Right Click on the trade and you will see a "Modify" selection. This will allow you to modify your Stop Loss and Take Profit levels.

Hope this helps

Jeremy Adamec EUR/USD 8 trades

[dcantin]

Thanks J Man,
That helps and I found out I had to use buy stop to put in the original order I wanted.
Denise Eur/USD

[rfredcpt]

In addition to J-Man's reply, if you mistakedly place your SL ot TP the wrong direction then it will give you that error message.

Another way to place your orders for now would be to place each of the 3(1/3's) individually.

e.g.
Buy 1 @1.3000/SL 1.2980/TP1 1.3040 RR 1:2
Buy 1 @1.3000/SL 1.2980/TP2 1.3070
Buy 1 @1.3000/SL 1.2980/TP3 Run & manage

Once TP1 executes, then move the SL for 2&3 to 1.3001 (TP+1)

I hope this helps,
Rhonda

[rfredcpt]

I hope everyone understands the numbers I used in the example were just hypothetical and should not be used for a live trade.

[w1234m]

rfredcpt so that is how I place trades in MT4 so that I can scale out of them. Thanks for that I was buying all 3 lots and could not scale out. Is a bit of a pain having to do 3 trades

[ForexJoe]

Please pay close attention to Rhonda

She is special and will share many items of substance.

Please review the trade plan regimen webinar in website archive

to insure how to set trade plans

Thanks Rhonda for your help

Godspeed,

Joe

[maddogpopp]

Webster,
for to www.forex.com for great info on what is Forex, how to trade it , etc. also many other sites out there that are not trying to sell you something.

maddogpopp, eur.usd

[Webster]

Thanks Maddogpopp,

I am familiar with them.

I am interested in finding out how to specifically set up the Fib tool and use it in the platform. I been experimenting but can't seem to locate a good tutorial or guide. Any suggestions?

Webster

[the boxer]

Hell Rhonda,
Thank you for your clarification on the set up for the 3 lot buy, TP targets and gravy train.
Much appreciated
Cheers,
Lionel W
Stalking: EURUSD, GBPUSD, USDCAD