Blade retrofitting, forex losses hit Suzlon (Business Standard India)
January 31, 2009
Damaged rotor blades and forex losses caused the world’s fifth-largest wind turbine maker Suzlon Energy post a consolidated net loss of Rs 34.90 crore for the quarter ended December 2008 against a Rs 142.8 crore profit in the corresponding previous quarter.
British Pound Bought Aggressively Against US Dollar By Forex Trading Signals (Daily FX via Yahoo! Finance)
January 31, 2009
Our forex trading signals have aggressively bought the British Pound against the US Dollar through the impressive breakout in the GBP/USD pair. Indeed, both the Breakout1 and Breakout2 trading systems bought the GBP/USD within mere minutes of each other, while our trend-based Momentum2 system has remained long for quite some time.
Live Forex Chat Rooms
January 28, 2009
Another great yet often overlooked tool to employ while trading forex is undoubtedly a Live Forex Chat Room where traders of all levels can come and talk. This article I will describe some of the Forex chat rooms I’ve belonged to over the past few years.
First I’ll briefly discuss Chat rooms that I don’t think are worth your time. ForexTradingChat.com used to be a pretty populated forex chat room, but now it’s quite dead. Nice domain but it seems like the other chat rooms I will discuss might be a better choice if you want to actually learn something. Also, any chat room you have to pay for (besides a chat service like paltalk that charges for the software), you ought to avoid because it just does not make sense to charge people for access to a chat room with no guarantee of anything, rather, a warning there is no guarantee. I remember Forex King signals and about 6 different “proxies” of that site which charged $900+ per month for access to a chat room where a guy would call off signals. Who is this guy? Why is this so much money? Who has that kind of money laying around??? It’s just ludicrous. I will enumerate a few chat rooms I belong to and know can help that won’t leave you broke before you begin.
Forex Rebates Cash Back for Trades
January 26, 2009
Rebates on your Forex Trades? Many people I talk to don’t know that there are services out there that will give you money back for every trade you make. Since most brokers make their money by charging their traders X amount of pips in the spread, they leave it open to Introducing Brokers (I.B.’s for short) to earn a part of that spread just for referring you to the broker. Basically, website owner A has a link on his website to Broker A, Broker A charges you 3 Pip spread on EUR/USD, but .3 pips go to website owner A simply because you found Broker A via his website. Nothing new of course, but now you may also cash in on this Introducing Broker income by signing up to Broker A, B, C, or D via sites like Cash Back forex, making Cash Back forex your Introducing Broker. Cash Back Forex gets a cut of your spread and gives it back to you. If you pay 2 pip spread on EUR/USD, you might get a nice portion of that back instead of seeing it all go to your broker.
Zink Killer: Where Did It Go?
January 25, 2009
FOREX KILLER EA?
The Zink Killer EA is this Expert Adviser for Meta Trader 4 that was programmed by a guy known only to me as “ZINK” that was on a Forex Forums somewhere. It interested me because it was touted to be the AUTOMATIC VERSION OF FOREX KILLER. From the moment I tried Forex Killer I wanted to see if it was possible to make this a completely automated Forex system, cutting out many extra steps that waste time before entering a trade.
He had anyone interested email him for the demo version of the Zink Killer EA, which I did, and it worked pretty well for a while. In fact, the EA, with the right settings, turned out to be profitable more than not. It did get me into some losing trades, which I chalked up to relying to heavily upon the EA entering trades automatically, with little to no logical intervention on my part that might keep me out of a bad trade.
Long story short, the Zink Killer EA stopped working after a few months, the demo must have expired. When trying to find him to get a full version, I never got a reply. There is no Zink Killer website or anything so I am at a loss.
As you can see it was customizable with Trailing Stop, Lot Size, Stop loss, and a few others. I really enjoyed testing this out and want to try it with a few dollars in a small account somewhere. So if Zink comes to this blog, let me know what’s up with Zink Killer, is it discontinued? Is it available? Thanks bud.
