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Finexo - finexo.com

Hello friends,

Here is my forex trading strategy i like to share with you all, Kindly post your views on the same.

Entry Point
1. Decide which pair you are going to trade.
2. Find out all major trends by checking the different interval forex charts. For example, 1 hour, 4 hours and daily FX charts
3. Plot the trend lines through the high points if it is on a downwards trends and plot the low points if it is on an upwards trend. You will need at least 2 months of data to be able to plot out the trend lines
4. Mark the support and resistance levels
5. If the price is almost approaching the trend line you have drawn, wait for it to move through or below the line before proceeding.
6. You might want to also check the RSI indicators to see if they give you a warning. Also make sure to check the MACD and Stochastic levels as well.
7. Make sure for the next 2 or 3 days, there are no major data releases for the two countries’s currencies. It will cause some fluctuations in the prices.
8. Get in and start trading but use no more than 10% of your capital
9. Place a stop loss but do not place it so far enough that you won’t make a profit. I would suggest 100 pips as a recommended stop loss point.

Exit Point
1. Put a take profits limit order. Set it to between 30 to 50 pips. If possible, place it just ahead of a major support or resistance level. Also, make sure your limit order is about 15 to 20 pips away from the S/R level.
 
Try Demo Trading @ Finexo.com

Guys i have been using finexo platform from many years and it works well for me. past few days back i noticed that they have changed their website and its looking quite professional. The another thing that attracted to my eyes were the demo trading which was not there in the past.

All newbies plz try this and let me know who it works, as the live trading is good and the spreads are also quite low.
 
Guys i have been using finexo platform from many years and it works well for me. past few days back i noticed that they have changed their website and its looking quite professional. The another thing that attracted to my eyes were the demo trading which was not there in the past.

All newbies plz try this and let me know who it works, as the live trading is good and the spreads are also quite low.

You are IB to Finexo.
 
Well, I'm glad they caught up to all the other brokers then as far as website design and offering demo accounts. I never traded with them though so I have nothing to add.
 
hi guys,

The only relationship i have with Finexo.com is of broker and client. I appreciate them therefore i like to guide everyone.

Anyways finexo.com provides web trading and doesnt have MT4.

Thanks all for feedbacks and replies. :)

Regards
 
Finexo is a well established trading platform with many features and solid support. You really cannot go wrong with them, as they don’t seem to have any glaring issues or problems.

Customer satisfaction with Finexo is relatively high as they cannot find much fault in this broker. This is definitely because Finexo tries to cater to the wants and desires of its customers to make trading as great as they can. This is something that you probably wont find in many other brokers.
 
Finexo is a forex trading broker that believes forex shouldn’t just be for experienced traders. Trading forex is made much simpler through Finexo’s intuitive user interface.

Finexo believes that flexibility is a key factor of successful forex trading. This is why they give you many choices for funding your account. Also, once the account has been created, Finexo doesn’t restrict it very much. Tweaks can be made based on what the user wants. This makes trading a lot easier for Finexo users.

Another very important aspect of the Finexo online forex brokers is their great desire to improve the trading skills and profits of all of their users. Finexo wants you to make money in forex, which is why they provide daily reports and market analysis, exclusive to Finexo traders. They also try to make sure that information on the website is as up to date as possible.

It offers the following services:

- Minimum Deposit : $25 Dollars
- Accounts Type: Mini, Classic, VIP
- Leverage: 200:1
- Platform : Web-based
- Deposit Methods: PayPal,MoneyBookers, Liberty Reserve,
E-Bullion, Credit Card and Bank Transfer
- Language support for over 30 languages
- Stable and user friendly trading platform, suited for beginner, intermediate and professional traders.
- Good daily recommendation and market reports.
- Useful mobile phone service and good customer support.
- 3 pips spread for classic account with $500 deposit
- Is regulated by European Community

Ada lagi ke broker ni?

Mana2 members CG yg ada pngalaman / masih trade guna broker ni, mintak sedikit pendapat tntg broker ni.

Terima kasih.

p/s: Betul ke skrg broker ni dah ada MT4 platform?
 
yup hidup lagi dan de improvement dah..MT4 dah de siap dengan mobile lagi..
 

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