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Xaron replied Oct 6, 2009Actually I've learned that SL is your enemy. But low leverage, yes, that's a real friend.
Trading style recommendation
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Xaron replied Oct 6, 2009Woah Wonko, da musste ich jetzt aber wirklich mal im Wörterbuch nachschauen, was "rinse" bedeutet.
Danke!From 10k to 1 million...
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Xaron replied Oct 6, 2009Thanks kawser! We'll see. Actually I might have to withdraw some money due to tax payments. I still have some losses from the years before which I can use to lower that tax... If not we have a ~28% flat tax here in Germany.
From 10k to 1 million...
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Xaron replied Oct 6, 2009Might be, Jay, yes. We'll see. I'm rather low leveraged at the moment and stick to my longs and will add all the way down.
EURUSD
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Xaron replied Oct 6, 2009Hmm ok. So why goes a pair up? Because there is more demand for the AUD. That demand comes mainly from the underlying fundamentals which is in this case the strong economy and (of course) the start of the rate hike circle again. Those big investors ...
AUD/USD
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Xaron replied Oct 6, 2009
Yep. I don't see any short signs yet. After this RBA surprise the Euro goes up naturally together with the AUD. Or otherwise, the USD just goes down as it should. We'll see 1.50+ this year and parity in the Aussie next year latest. Don't ...EURUSD
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Xaron replied Oct 6, 2009Haha, good joke, mate.
Of course the chart only looks that way because of the fundamentals. 
AUD/USD
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Xaron replied Oct 5, 2009First you have to learn some basic stuff, even though you have a economic background (due to your studies if I understood that correctly). You need to understand things like leverage (very important!!!). You will find a lot of systems here at FF. ...
Can anyone help to mentor?
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Xaron replied Oct 5, 2009No offense but it looks like you were overleveraged as well.
Was it during news?FXCM wont let you close your position!
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Xaron replied Oct 5, 2009Just crossed the 100% mark. Wow, a great feeling.
It took me exactly 9 months to double my account. Actually it would had been less if I had not experimented with this mechanical system in the beginning... image From 10k to 1 million...
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Xaron replied Oct 4, 2009That's from the Oanda page: Select your currency before proceeding. Bank: ANZ Banking Corp, Melbourne Bank Address: 570 Church Street, Richmond VIC, Australia Bank SWIFT Code: ANZBAU3M Bank Account Name: JPMORGAN CHASE BANK, N.A. LONDON (SWIFT: ...
Difficulty funding Oanda account
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Xaron replied Oct 3, 2009Another good week. Scratching on the 100% mark... image image image image image
From 10k to 1 million...
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Xaron replied Oct 2, 2009You can trade $10k with a leverage of 100:1 if you deposited $100. And that you can trade $10k doesn't mean that you own $10k. And if you double your account you won't have $20k but only $200 which you can (of course) withdraw.
Withdrawing money, new to Forex
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Xaron replied Oct 2, 2009That's a common myth and completely wrong. If you forget about bollinger bands then yes, longer timeframes are more relevant. I don't use that stuff.

A Set of Rookie Questions