Jump to content

uncle gober

Members
  • Posts

    980
  • Joined

  • Last visited

Everything posted by uncle gober

  1. There are so many tips to choose best broker, Firstly we check trading conditions including spreads, platforms and system which was important for us. i think the best options is find the broker who give you the lowest spread and fast execution. this really help you in long term trading. A good broker will provide benefits to the trader. I chose Armada Markets for the following reasons: Low spreads, Direct access, All strategies allowed, Your funds are safe, Start with low costs, Leverage up to 1:500, Trade with 62 currency pairs, spot gold and silver and Friendly multilingual client support
  2. Be a successful trader is not easy, all it took hard work and discipline. Now I am trying to maximize my trading done in the Armada Markets with trying to trade with discipline. I use scalping method, this method is very suitable for me to apply in this broker because this broker perovide me the spreads 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 50 EUR/USD/GBP/PLN provide me the comfort to trade with my style without worried
  3. A short interview How do you deal with losses, does it have an emotional impact on you? I try to avoid losses on any case but if losses occur I accept that it’s my mistake. How did you find Armada and is there anything we can improve? I found Armada Markets when I was searching from google about forex brokers. Before I started using your service I read many reviews from web and tested your service myself. I hope you have a traders cabinet soon to make deposits even faster. Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy? Mostly I am focusing on price action. On Fridays I use Fibonacci retracements. Friday is my most active trading day.
  4. I am really satisfied with my broker now. I get a lowest spread, a great execution here. I am using Armada Markets. They are currently the top forex broker for tick scalping EA's. Perfect trading conditions for scalpers because of the low spreads.
  5. Win "OnePlus One" Smartphone Traders, who are eligible and fulfilled requirements below, will be participating in the campaign with a chance to win one of 3 brand-new 64 GB OnePlus One Smartphones. From all the participants, 3 Traders will be randomly selected, each of them will get the OnePlus One Smartphone. Campaign period: from October 1st until November 15th. The campaign is available to all Clients with LIVE accounts – Classic and Exchange. If you do not have LIVE account, open it here
  6. I don't think bonus from broker bad for us if we can manage our trading properly. I need a bonus. 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
  7. 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.
  8. Deposit/Withdrawal Options Armada Markets * Please contact our client support in case you want to withdraw the amount smaller than 50 USD, EUR, GBP.
  9. Where Will Ukraine Get Gas for Winter? As European Union is introducing new sanctions against Russia which this time will target also oil and gas industry Russia's permanent representative to the EU Chizhov had this to say: "New EU sanctions against Russia leave Russia no other choice but to go for certain counter-measures. We leave politics for the politicians but an interesting chart we came across today is the average monthly temperatures in Kyiv, Ukraine. As both sides announce or threaten with sanctions Ukraine is actually experiencing declining temperatures outside (and soon at home if the situation is going to get much worse). Where is Ukraine going to buy gas this Winter? How this affects FX markets? First of all USD/RUB hit record highs today as Russian rubble is under pressure. Rubble is likely to continue weakening over the coming weeks as there is no resolution in sight. Also, while EUR/USD has found some support in recent days it has not been able to climb above the key 1.3000 and should we close this week below that level then we could be up for a further downside. Euro has currently key support level at 1.2750. FX trading never stops at: www.armadamarkets.com
  10. 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.
  11. 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 [email protected] 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.
  12. 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
  13. 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.
  14. 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
  15. 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
  16. 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.
  17. Thanks Sir, I hope, this information will be helpful for you
  18. 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!
  19. Armada Markets, a global spot Forex and precious metals broker for professional traders notifies its clients to be cautious in their trading decisions as the period of record low volatility is about to end. Higher volatility will increase risks for all traders and Armada Markets advises its clients to reduce risks. The notice is triggered by yesterday's release of Bank of England and Federal Reserve minutes of their last policy-setting meetings in which both central banks raised the possibility of a sooner than anticipated rate rise. In recent years most market participants have become overly comfortable with the low interest rate environment and should now revisit their risk management strategies. Changes in interest rate outlook and ultimately the rise of interest rates should bring and end to the low-volatility environment and introduce higher risk to the market. All financial markets including FX, stocks and commodities have seen volatility indices hiting record lows in recent weeks as the low interest rate environment has created the illusion that markets can only move in one direction. Various volatility indices at historicallows including JP Morgan G7 Volatility Index Why traders care about volatility? Investors look at various volatility indices due to following main reasons: Higher volatility means more risks Higher volatility introduces also more opportunities for traders as market tends to fluctuate more and by a larger extent Some trading algorithms work only with low volatility while others need high volatility Risk management techniques need to be adjusted based on the changes in market volatility Higher volatility introduces more emotional stress for any trader In a higher volatility environment historical correlations between various currency pairs tend to experience short-term deviations Data Sources Forex Article : Record Low Volatility on Forex Markets About to End
  20. ECN broker provides you direct access to the market. The broker earns only from the commissions paid by the customer. We like to see our clients making money in trading. You can open Classic account with a minimum deposit of 100 €$£. Minimum deposit on Exchange account is 300 €$£. Depositing is free of charge. Click Here
  21. @ ayuxx : any bonuses have rules that must be met. one of which is the volume of trade to be done in order bonuses can still be used. the bigger the bonus will be the greater the volume of trade to be completed. Armada Markets are always oriented on the convenience of traders in trading. You can follow the contest "Trader Of The Month". in this contest, the trader is required to run the managemant money properly so that they will have a very large profit so that the profits will be greater than the existing prizes
  22. Campaign available to all LIVE clients. Open LIVE account here. Deposit at least 500€$£. After deposit, contact client support via e-mail to collect the bonus. Code word: Armada. Each client can get one bonus only. Trade 5 lots to withdraw the bonus. Armada reserves the right to disqualify any user if there is a suspicion of misuse or abuse. Armada reserves the right to change the Terms of the campaign or cancel it at any time.
  23. Thanks, you can join with Armada Markets too. I think that will be make your profitable especially you can participate in " Trader Of Mounth " real contest if you have a consistent profit Each month Armada Markets gives out a 500 USD prize to the Trader of the Month who shows not only good profits, but also excellent risk and money management skills. As there are quite many such traders at Armada we hope it will be a good opportunity to get to know at least some of them. Winner of May, 2014 – Michal he got Profit 46 514 .26 EUR + 500 USD as the bonus here the link
  24. Video is one of the means of conveying a message that is very effective for viewers. video gives a complete picture of what is to be conveyed. Armada Markets as one of the brokers who have the speed of execution and low sprea based myfxbook gives you the opportunity to know about Armada Markets based the following video . https://www.youtube.com/watch?v=mgaDgvI2TNE
  25. Gold has been a precious metal for a very long time. Reason it has value is because of its hyper conductivity, its rarity, and its status of wealth(hard to change old habits). Also, the reason why its been raising in price is because the dollar is falling. The dollar has substancially weakened the last few years and is causing steady things to raise in price, such as gold.
×
×
  • Create New...