FXOpen - fxopen.com

[primarylogic]

Dear Traders,
May competition started.
Have a good trades and a lot of pips!

Hope all traders can got a lot of pips!

Good Luck to May competition traders.

 

[primarylogic]

E/J seems turn trend to up, we'd better to long wneh it pull back lower.

 

[Cleyra]

E/J seems turn trend to up, we'd better to long wneh it pull back lower.

USD look going down now, weaken for major like EURO, STERLING, and YEN. i am still hold my short UJ. I think better to long EURUSD for this moment (risk yourself, just my opinion )

 

[primarylogic]

USD look going down now, weaken for major like EURO, STERLING, and YEN. i am still hold my short UJ. I think better to long EURUSD for this moment (risk yourself, just my opinion )

yes, you are right.

U/J drop down below 103 now,
it's better do not expect how strong of the U.S. dollar

 

[ableze_joepardy]

hi.. i have a question about leverage.

can FXOpen explain how is your stand about leverage?

for example, i've opened a micro account with leverage 1:500 and deposited 100usd

so thats means i've credited with 50,000usd / have the buying power of 50,000usd right? (100usd from deposit + 49.9k from broker)

so here, i want a clarification about:

1) does really FXOpen lend 49.9k to me?
2) if not, where this 49.9k come from?
3) the cost of buying 0.1 lot micro account = 100usd right?

hope u can explain this to me.. thx!

 

[ableze_joepardy]

thread starter u dont want to answer my prev post? if u dont want to answer in public u can pm me..

 

[primarylogic]

GBP/USD next week charting analysis

Entry positions:
Waiting G/U retrace to trend line, H4 up-fractals appears then confirm to short

 

[selangorde1]

hi.. i have a question about leverage.

can FXOpen explain how is your stand about leverage?

for example, i've opened a micro account with leverage 1:500 and deposited 100usd

so thats means i've credited with 50,000usd / have the buying power of 50,000usd right? (100usd from deposit + 49.9k from broker)

so here, i want a clarification about:

1) does really FXOpen lend 49.9k to me?
2) if not, where this 49.9k come from?
3) the cost of buying 0.1 lot micro account = 100usd right?

hope u can explain this to me.. thx!

i think u need to know what the leverage mean..
http://www.investopedia.com/ask/answers/06/forexleverage.asp

the contract size
http://fxopen.com/ContractsSpecifications.aspx

the formula :
price x lot x leverage =

Thanks

 

[gOdFeLLa]

GBP/USD next week charting analysis

Entry positions:
Waiting G/U retrace to trend line, H4 up-fractals appears then confirm to short

aku rasa, baik bukak 1 thread yg berasingan. jgn campur adukkan dlm thread forex broker
i think it's better for you to open a separate thread. do not mix it up with this thread

 

[Cleyra]

this the explanation thread about leverage with some example, which i got it from some Indonesian forex forum.

this like you want to trade some car with $10 k on some car dealer. Then you buy the car with just $100, the car still on the dealer, but you have the right to trade it (open trade), when the car price up to $10.500, you get = $500 profits - fee (spreads on forex brokers). So if that's happen and the fee from the dealer (to pay their service) is $20 (for the car type which you trade it) you get $500 - $20 (fee/spreads (on forex brokers) =$420. When the price of car is down going to $9.950, then you still hold it (trade position still open), that's means you are on floating loss position. When the price down and touch $9.900 in market, then you loss your capital = $100, it's called margin call. So the brokers would loss nothing for this leverage facility, and traders no need worry for this leverage facility, just use right leverage option according with your money management of trading.

hope this explanation can help others, if still don't undertand, please post there.