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Everything posted by uncle gober
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Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Your funds are safe Segregated funds mean your money is held separately from our own capital. We cannot use your funds except for your trading purposes.- 20 replies
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whether educational video helpful
uncle gober replied to TenkoFx's topic in Forex General Discussion
Educational videos or Video Tutorial will help traders to learn to trade with a better concept for the video tutorials are structured learning systems ranging from basic to advance. -
Bonuses of the broker is very helpful for traders but as traders we must have planning to use these bonuses so that all the terms of the bonus will be fulfilled. I now use Get 25€$£ Special Bonus
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With the development of forex trading, forex broker now we find easy by offering a variety of promotions and bonuses. for me, bonuses and promotions is not the main thing but the convenience of trading with the right environmental conditions for a trading system that I did. I often use scalping systems where the system takes the speed of execution and low spreads, now I use Armada Markets which gives very low spreads
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Trading without spreads is fun, but with a large commission certainly would make it uncomfortable. I myself use an ECN broker that provide small commission with low spreads. my broker initially taking comission 2 per lot (0.0020% notional)
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Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Deposit/Withdrawal Options Armada Markets * Please contact our client support in case you want to withdraw the amount smaller than 50 USD, EUR, GBP.- 20 replies
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You can find good broker on web search their you will find their ranking as well as all detail what they offer . Now mostly brokers offer low spread , low deposit accounts , different types of accounts you have to choose what you need. You can use high spreads best client support any time.I am happy to work with Armada Markets they give me all what I need for trading.
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Demo accounts are very useful to train our trading skills, both good strategy and good money management without risking our money, while the real account in addition to train our trading skills both good strategy and good money management are also trained in psychology or emotions when trading, even if it means risking our own money but we get a psychological training that we need to be successful in trading.
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Are you satisfied with your broker?
uncle gober replied to mang_ncep's topic in Forex General Discussion
I am now more prefer to use ECN brokers, ECN broker provides you direct access to the market. The broker earns only from commissions paid by the customer. Armada Markets is one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms. -
Experience and practice always matters for not only new traders but for experienced traders. If we have much knowledge then we can able to make a good trading system and by such system we can maximize our profits and minimize our losses so hard work is key here.we can try the demo contest account in my broker also to advance
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Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Get started in 2 easy steps Open account in Armada Markets Existing Clients. If you are our existing client then please send e-mail to support@armadamarkets.com and ask our account department to put account to Myfxbook autotrade group. Link Your Account To Autotrade The next stage is to visit the Myfxbook website and link your Armada Markets trading account to Myfxbook AutoTrade.- 20 replies
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I feel satisfaction at Amada Trading Markets, as a sacalper I am very satisfied with the comfort provided by the broker. I feel satisfaction when doing so because of the low spreads and commissions as well as fast execution speed
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What is your favorite Time Frame?
uncle gober replied to andry777's topic in Forex General Discussion
My favorite timeframe is chosen according to the trading system i'm currently testing. Usually the formula has instructions from previous test that give the most profitable settings. H1 is the default for Meta Trader 4. -
Demo contest is very useful to practice trading that we do in the real account. by using a demo contest with discipline applying strict money management will help us to more consistently make trades on real account. if it is consistently applied, it will produce a trading profit
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Share : Review Market by Armada Markets
uncle gober replied to uncle gober's topic in Forex Articles
September started on Forex markets with a big bang. We saw mini-crash in EUR/USD and GBP/USD. Dollar is back guys but for how long? Trade volatile markets: www.armadamarkets.com -
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
On this Saturday, September 6 we will trigger a live server update to the latest MT4 build 670 ensuring that you have the best possible trading solution with much more stable and secure functionality. As this update will be done on our server, if your MT4 build version is higher than 600, your terminal will be automatically updated with no further action required on your side. In case that you are running an older MT4 build version (released prior to build 600), you will need to restart your MT4 terminal and afterwards be prompted to manually allow the update. It is strongly recommended to do so in order to take full advantage of the latest technology available. You can check the current build number of your MT4 by clicking on the Help menu and then the About submenu. Due to the abovementioned updates of live servers, clients who are still using older versions of the MT4 (prior to the build 600) will not be able to connect. You can always download the latest trading software from our website.- 20 replies
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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
i believe it is entirely regarding knowledge and expertise. lot of knowledge and expertise provide you with the profit and survive lesson. forex may be a long approach journey you could have to reach long approach ad don't upset till you get that destiny. therefore not worry regarding profit and looses work laborious to firmly learn and observe on demo that shows you the ideal method to earn and survive. -
Demo contest is good place for traders to hone trading skill and get chance to win the prize that we can use to get additional capital for trading.Currently I am participating in Armada Markets demo contest and link, besides that i can take part in Trader of The Month will get $500 from my broker.
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Share : Review Market by Armada Markets
uncle gober replied to uncle gober's topic in Forex Articles
ECB Hires Blackrock for Advice on ABS-Buying - Will it Work? We learned today that the European Central Bank (ECB) hired the US-based BlackRock Inc., the world’s biggest money manager, to advise on developing a program to buy asset-backed securities or ABS in short. ECB thinks that this program will save eurozone from deflationary pressures and boost the economic activity. What is ABS? Asset-backed securities (ABS) are usually a pool of small and illiquid assets which are unable to be sold individually. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans. Why banks use ABS is to sell some of their more illiquid assets and thereby free up some of their capital to be able to offer more credit. So in a sense it is a normal cycle in banking. What it this means for the Eurozone is that instead of previously focusing on supporting the government bond markets and especially avoiding the periphery (Greece, Italy, Spain, etc) bond yields going to levels unaffordable, the ECB is now planning to start buying corporate debt. The idea is to free up capital for the banks, liquify the corporate bond market and therefore improve the credit flow for companies and boost the economy. Where ECB sees problems? Let's have a look at bank loans in Eurozone. In the chart below you clearly see one problem - despite all of the (statistically unproven) hype about economic recovery in the Eurozone, bank lending to private sector has been on a gradual decline. It has not recovered post-2008 crisis. The decline in bank lending is the main reason why ECB likes to talk about deflationary risks. When companies do not borrow, they don't make any investments into new capacity or products which in turn means they require less people to work. This is also the reason why we still see high unemployment rates across Eurozone except Germany. When talking about unemployment data we recommend our readers focus on labor force participation rates instead of official unemployment rates. You'd be surprised why! Do the companies really need more debt? The strong growth we experienced in industrial production starting from 2009 has long ended. In fact the recent data indicates that we are currently on a decline. It is in decline because the consumers don't demand so many products. So why would companies need more financing if they already operate at below average capacity utilization rates and in light of the current turmoil around Ukraine (and the inconfidence it creates among consumers) it is very unlikely that consumers will suddenly want to buy another iPhone or a brand new car. Consumers are focused on pure necessities such as food and shelter. What is wrong with the European consumers? If you look at any unofficial inflation data then you will discover that inflation in Eurozone is much higher than you get to read from the official statistics. Add to this the negative real salary growth and you kind of get the feeling that consumers are not feeling very optimistic about the future. They know that prices will tend to move higher whereas their salaries have not been raised that much. So, consumers look to cut back on their spending. The want to save. The reason why real inflation is high is due to the aggressive liquidity boosts coupled with ZIRP (NIRP in Eurozone) that most G7 central banks have engaged with since 2008. This liquidity has found its way to stock market, commodities market and in turn to products in our refrigirators. It has paralyzed the consumer as this liquidity boost has not boosted their real incomes. Will the purchasing of ABS work? Unfortunately, we think that it will not work because the Eurozone companies do not require additional financing at circumstances which we have explained. The companies need the end demand to pick up. But for that we need a stable socio-economic and political situation in Eurozone and around. Post 2008 crisis a lot of issues that needed to be resolved are still unsolved. Some of these issues are here: Most Eurozone governments still run large budget deficits as limited efforts have been taken to improve government efficencies and budget structures Eurozone debt/GDP figures haven't improved - they have become worse which has worsened also future borrowing capacity of most countries Banks haven't been recapitalized and zombie banks still exist Russian sanctions Recent Russian sanctions to ban imports of certain agricultural products from European Union will have a severe impact on European agricultural industry. For the European consumers it will at first be quite pleasant - products unsold to Russia will oversupply the local market and will lower the food prices. It will generate a certain feeling of relief among working class members of the society which make up majority of the population. The lower food prices and overcapacity will ultimately start bankrupting European agricultural and food processing industry and will drastically lower supply. Once the reduction in supply will take its course we will have a massive inflationary pressure which will at the same time lower the purchasing power of majority of Europeans. Lower purchasing power will ultimately start to affect other industries and Europe will fall into another severe economic crisis. We hope that these scenarios will not take place although we admit that this would be a bit naive. What it all means for the FX markets is that volatility will pick up (we touched this topic in our recent post here: Alert: Record Low Volatility on Forex Markets About to End) over the coming months and higher volatility will mean more trading opportunities but also more risk. Forex trading for smart traders: www.armadamarkets.com -
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Become a trader. Armada Markets offers currency trading services. FX license, no requotes, deep liquidity and ECN spreads. Calculators & FX Quoes Classic and Exchange account trading benefits: speads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed; STP, DMA and NDD; Leverage up to 1:500; trade from 0.01 lot; minimum deposit 100 EUR/USD/GBP/PLN Click here- 20 replies
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The Simplest Way to Earn in Forex
uncle gober replied to smithlover84's topic in Forex General Discussion
Success is very difficult to achieve. but we should try our best to be successful and this is why we should follow some patterns and this is just like that. This is a pattern which can help us by working like that. And as this is a very unstable market we should try our best to come up with a plan. -
Importance of Demo Account/virtual account in Forex
uncle gober replied to abdulla1's topic in Forex Newbies
Demo contest is good place for traders to hone trading skill and get chance to win the prize that we can use to get additional capital for trading. the other, Demo contest are great to learn trading and you will even get a prize if you are successful. Currently I am participating in Armada Markets demo contest and link- 751 replies
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- forex virtual account
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Each trader have reason why they feel satisfied with their broker, include me. I'm satisfied with Armada Markets because this broker has fast server, fast execution, and try to give the best from their traders
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Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Double Your Goals Campaign has finished! We are announcing top 10 most profitable traders wasim For how long have you been trading? I have been trading in the FX market for more than 10 years and I've been using EAs for about 4 years now. Can you briefly describe your strategy? My trading strategy depends on technical analysis and martingale trading combined with some fundamental analysis. Why have you chosen Armada Markets? I tried almost all the very well-known Forex brokers but I always faced some obstacles from the broker and in many cases my trading accounts were blocked and closed. But with Armada Markets I can trade freely with the best market spreads and the best order execution I have ever experienced. I want to thank Armada Markets for the best support and best forex environment a trader can find.- 20 replies
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Share : Review Market by Armada Markets
uncle gober replied to uncle gober's topic in Forex Articles
Why are low spreads important in Forex trading? Low spreads and commissions, fast execution and excellent customer service are some of the reasons why Armada has been so successful in attracting smart and professional Forex traders across the world. Armada Markets was founded in 2011 and it has mostly focused on traders who demand very high quality of services. In this post we discuss the importance of low spreads and how it affects the profitability. Profit is the only reason why people trade Forex. What is spread? The spread is the amount of pips between the Bid price and the Ask price. Think of it as the cost of trading. The higher the spread the lower is your profits. The lower the spread the higher is your profits. You should always look for brokers where spreads are low. Where to check spreads? The easiest way to check the spread is from your Market Watch window inside the Metatrader4 terminal. We've highlighted the EUR/USD in the window where you see that the spread is 0.1 pips (difference between Bid of 1.33849 and Ask of 1.33850). So, why are low spreads important? Spread and commission is the cost of trading. For example if you trade 1 lot of EUR/USD which is equivalent to around 134,000 US dollars and the spread is 1 pips then your spread cost is 10 US dollars. To better understand this is to look at currency exchange rates of ordinary banks. The spreads banks charge is usually 1 to 3% on the amount exchanged. So for example if you change Euros to US dollars and then immediately sell these US dollars back to the bank then you have lost from 1 to 3% of your money. Yes we know, banks are greedy! You can review the GBP exchange rate at one of the sample banks. Getting back to Forex trading, let's take a look at the spreads of Armada Markets on our Exchange account. As we write this post, the spread on EUR/USD is 0.3 pips (courtesy of Myfxbook). If you traded (open and close order) 1 lot of EUR/USD right now then your spread cost would be 3 US dollars. Spreads fluctuate all the time depending on the market conditions and they can go as high as 2 pips, even 5 or 10 pips if there is maximum uncertainty and some big news come out. Big news are central bank interest rate announcements, major economic news (US jobs report, EU retail sales, etc). Check our current LIVE spread here. As top traders make hundreds, some even thousands of trades per day then low spreads are absolutely critical to achieve higher profitability. As you can see from the chart above the average spread of EUR/USD of Armada Markets is 0.1 pips. If you make 100 trades with the size of 1 lot each then your spread cost with us would be 100 * 1 USD = 100 US dollars. Let's imagine that the same trader has also a trading account with another FX broker named BobFX and their average spread is 2 pips. The spread cost per on lot of EUR/USD would be 20 US dollars. As he made 100 trades then the total spread cost for him would be 100 * 20 USD = 2,000 US dollars. So, at Armada your spread cost for 100 trades would be 100 US dollars, while at BobFX it would be 2,000 US dollars or 1,900 US dollars more. This means that also your profit at BobFX would be 1,900 US dollars less compared to Armada. Please check the spreads of any broker before opening the LIVE account. As we have shown in this post - low spreads are important to reach higher profitability! Open LIVE trading account here to start your career as a forex trader!