Our October 13th MeetUp will feature one of our own group members.

Don, a new group member, is well-versed in how to create and trade Expert Advisors or EA’s on the MetaTrader 4 (MT4) platform. The EA, also know as a Trade Robot, will automatically trade your MT4 account according to the pre-programmed instructions that you create within the EA.

But even with purchased EA’s, it isn’t as easy as it looks and that is where Don comes in. He will show us a little about creating an EA, what to look at when someone else creates one for you, and some do’s and more importantly, some don’ts about EA trading.

We, as a group, will also be taking a demo trade or two that we all agree upon (hopefully) and track them throughout the evening.

We will be meeting at our usual place at 6:00 PM. Check our Forex MeetUp website, http://forextrading.m... for the details.

I look forward to seeing each of you and learning more about automatic trading.

Bill Jordan
Senior Account Executive
Compass Foreign Exchange LLC
Tel +1 (800) 577-3600
Tel +1 (972) 680-8080
Fax +1 (972) 680-3355
http://www.CompassFX....

Losses from commodity and forex currency investments may be greater than the initial investment(s). Commodity and forex trading may not be appropriate for all investors and commodity and forex investments must be evaluated in light of the potential risk of loss as well as the possibility of profit. Past performance results of a particular trading strategy or program are not necessarily indicative of future results.
Trading Foreign Exchange (Forex) carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.

We will do several things at the August Forex MeetUp.

First, we will update how the NFA is impacting our industry with the FIFO ruling. Currently, two out of the three forex clearing firms we use have moved their MetaTrader4 business off shore to the UK and Australia. So no matter what changes might be made, we do have an alternative plan.

Second, we will continue our study of the MACD and see how many innovative, out of the box ways we can use the indicator. If several people bring their laptops, we can break into small groups and actually look at real time charts and and then report back to the group towards the end of the meeting.

Please feel free to bring your creative MACD ideas to the meeting, so we can have a head start on the group work.

One idea might be to experiment with the length of the MACD settings. Another idea might be using technical patterns that are usually used on price (i.e. head and shoulders or double top/bottom, triangles, etc.) and use them on the MACD line(s). What other creative ideas can you come up with?

Even if you missed the MACD discussion in July, you'll still walk away from the August meeting with new ideas to assist your forex trading. In fact, if you'd like last month's notes, let me know and I'll send them to you.

Look for Red and White MeetUp signs in the lobby area behind the bar. I'm looking forward to seeing each of you!

My best to you,

Bill Jordan
972-680-8080
http://compassfx.com/

Losses from forex investments may be greater than the initial
investment(s). Forex trading may not be appropriate for all
investors and forex investments must be evaluated in light of
the potential risk of loss as well as the possibility of profit.
Past performance results of a particular trading strategy or
program are not necessarily indicative of future results.

Hi Everyone,

Recently one of our members made a great suggestion for the June 9th MeetUp.

He suggested we begin by reviewing 4 technical indicators on several main currency pairs and see how well they called the direction of the pairs for the prior 30 days. Then, we can look at the same pairs, giving a forecast of what to expect over the next 30 days.

Let’s use the EUR/USD, GBP/USD, USD/JPY, USD/CAD and the AUD/USD.

What I need from all of you is a call or email with your favorite technical indicator or two. Please limit it to MT4 indicators. If you suggest a custom indicator that isn’t in the MT4 default indicators or isn’t on our custom indicator page (http://compassfx.com/... ), please attach the indicator file to your email so I can download it.

I’d like for group members to volunteer to take one or more of the above currency pairs and to make a forecast for the 30 days following our MeetUp. You may base your forecast on technicals, fundamentals or both.

Feel very comfortable calling me with any questions.

Good Trading,

Bill Jordan
Senior Account Executive
http://compassfx.com/...
1-800-577-3600
972-680-8080
Fax 972-680-3355

Losses from forex investments may be greater than the initial investment(s). Forex trading may not be appropriate for all investors and forex investments must be evaluated in light of the potential risk of loss as well as the possibility of profit. Past performance results of a particular trading strategy or program are not necessarily indicative of future results.

Last month, we had the pleasure of learning about the Synergy Method from Dean Malone, a great trader in his own right. Attendees of the MeetUp were given a free month’s use of the Advanced Synergy 2.0 (AS2) trading method.
Share your experience with the AS2 as Dean will join us again this month to lead the discussion. We will also have a question and answer session.
I’m wondering who will ask Dean how many pips he took out of the market in March?
Even if you were unable to attend last month’s MeetUp, I believe you will pick up some valuable tips about forex trading by attending the April meeting.
And if you don’t have the AS2 or the free Basic Synergy, feel very comfortable visiting the CompassFX website to download the basic version. Look for the Blue-bordered box on the home page.
See you at the April MeetUp!

Bill Jordan
972-680-8080
http://compassfx.com/

Losses from forex investments may be greater than the initial investment(s). Forex trading may not be appropriate for all investors and forex investments must be evaluated in light of the potential risk of loss as well as the possibility of profit. Past performance results of a particular trading strategy or program are not necessarily indicative of future results.

We're trying a nicer venue this month. We will meet in the lobby of the Radisson Hotel, Richardson, in the area just behind the bar. You'll be able to order drinks and food if you like.

Our topic will be "Trading Forex Long Term." I definitely enjoyed the comments and feedback from our last meeting! Several of us stayed and talked about and watched the markets until almost 11:00 PM!

Our meeting time will always begin at 6:00 PM.

See you there!