Forex Trading Video - Learn MACD - Technical Analysis Indicator MACD

Hi Fellow Traders,

    In the spirit of giving back I am starting a series of forex trading videos that should help the beginners and seasoned traders alike.The trading tips may be subtle but they will be powerful enough for you to make a pocket full of pips.
   The first lesson is the technical analysis indicator called the MACD 

Account Update

Hi Everyone,

Just a quick update.You can all follow the 7 majors by logging into Forex.com and using

account login: 90243625
Password : ur6qqih

It's presently plus $105.00 as I write. Each pair is set up with 6 max orders and 10 cents a lot.The target was just set for the remaining 3 trades of 6 max orders and they will continue to cycle.

Regards,

David

Video Blog Roll Removed

Hi Everyone,

It was brought to my attention that since I installed the You Tube video roll that navigation of the site had frozen.I have removed iot but you can still view the updates on video on you tube.Any new video with be linked in a posting on the site.

David aka spiritfriends

New Video...Update for Sept 17th

Hi Everyone,

I just completed a new video on You Tube and you can link to it from here :
http://tinyurl.com/l6w992 . There are 2 directional changes to update.Both the EUR/CHF and GBP/CHF have changed from a buy to a sell
.There are more changes and updates to come so come back often.

David aka spiritfriends

Thoughts for the Day

Hi Everyone,

Attached is a screenshot of where the 10 pair account is this morning.A big improvement over last week.Cycles sometimes can get very big.The amazing stat is that for 10 pairs,200 trades active that even being over leveraged the account handled it very well.
At this point the equity is $2560+ and the balance is $15025.83 from a $10,000 start in July.In this screenshot you can see that swap collection is +$52.90 while we are waiting for the cycle to come full circle.
In version 3,you would be able to protect your balance from going below the $10,000 start but as I said before that would compensate the returns.The plan again is to choose 2-4 pairs and apply a small max order at 10 cents and let it build.Closed targets have averaged between $1.00 and $10.00 and were close to $5000 in closed profits.Trades never exceeded 20 cents a pip.The point is,the Swap Collector can return you a nice on going income stream with pennies.

David aka spiritfriends

Update for the 10 pair

Hi Everyone,

Well summer around here is officially over.Last day for the CNE... the kids go back to school tomorrow and it's time to get serious about work again.I hope everyone enjoyed their time off this summer.
If there is one thing I would like everyone to understand in regards to my 10 pair swap collector it would be the word "over leveraged".I'm still sitting good and the account has come back 50% since last weeks draw down.Profit is still good and trades are still reaching target everyday adding to the balance.The message though is to choose a few pairs at low max orders and small pip size and you'll be able to build a nice amount each month for your account.
Everyone doesn't like draw downs especially big draw downs.I'm the same way but never adjusted the account because I know my Ea and although the cycle went deep this time because of about 200 trades active all at 20 cents,it's still doing nicely.
I will be doing a video update on version 3 and other key factors for being successful with the Forex Swap Collector so keep coming back for the posting.

David aka spiritfriends

100 Pip Targets Applied Tonight

Hi Everyone,

All 10 pairs received their first 10 trades each so I have applied now the 100 pip target.See below post for the read only password to follower the trades.Were sitting about + $405 right now.

David aka spiritfriends

10 Pair Swap Collector 2

Hi Everyone,

On Sunday I started a 10 pair Swap Collector 2 and having some success with it.presently were at $384.53 using just .01 lots 10 cents for all 10 pairs.Forget the swap at this low price,it's only at -$1.89.This will show you the power of $10.00 as after 10 trades are placed on all 10 pairs,then I will apply the 100 pip target to the remaining 10 trades on each pair and watch the $10.00 targets start adding up.
here is the read only password for anyone wanting to follow this setup.
Login : 90243625
Investor : ur6qqih

The account is a Forex.com so you will need to open a demo then apply the login and the read only passwprd if you want to follow.I will continue to post updates on this.

David aka spiritfriends

Swap Collector Video Now on You Tube

Hi Everyone,

I now have the video on You Tube and you can watch it in better quality and size at
http://www.youtube.com/watch?v=LXHdv7mLEue .
I had a question that a trader thought the Ea lays a trade at certain price points.The Ea is totally time based and only lays trades every 12 hours on version 1 and every 8 hours on version 2.The only money management needed is to set your lot size according to your appetite for risk and your equity balance.You need the trades to continue daily to collect the swap.Only when you are satisfied with your bottom profit line would you close your trades and start the cycle over.
As I stated in the video,my 4 pair started May 28th had reached $617.00 by Sunday night June 1st.If that was enough for you then close the trades and start again...simple as that.
I can't stress enough that you must get the feel of the Ea if you are a beginner in trading forex before you start laying some heavy lot sizes.Ten cents a lot will give you that feel and still pay off your cost for both the Ea versions in a short time period.

David aka spiritfriends

More Screenshots and Reports

Hi Everyone,

I'm not sure if the video image could be enlarged so if anyone would take a minute to share that with me I would appreciate it.I will post this video on YouTube and Metacafe and maybe Yahoo.
Here are some things that will help you to see how this Swap Collector performs besides whats on the video.Be sure to check out the swap collected in 17 days with the 4 pairs I use.I will share that when a purchase is made.I know many of you have your own favourites to use but for those not familiar with trading this way,your purchase will include this selection that I use.
I do have a 100 pip target and you will see on 1 screenshot the targets being hit.I do not use a stop because I want the swap.Please forward any questions to spiritfriendss@gmail.com

David aka spiritfriends

The Forex Swap Collector Video

Hi Everyone,

I've made a video explaining what The Forex Swap Collector is all about.I hope you enjoy it.If you have questions please send to spiritfriendss@gmail.com .

David aka spiritfriends

Welcome to Forex Swap Collector

Hi Everyone,

I've been trading for over 25 years.I got involved with forex about 5 years ago and quickly saw the potential using automated robots to trade for you instead of staying glued to the screen.I've developed with my good friend and excellent programmer FerruFx, a number of EA's which I found the ideas interesting.
I hope to share some of my knowledge about trading with many beginners and seasoned traders alike.This is still in the set up stages but should start rolling along shortly.

David