I heard that its 2% management fee and 20% performance fee for account that is 100k to 1mil.
So what the percentage for smaller accounts?
Forex Technical Update 10/04/2010 The EUR/USD is sliding to start the week, ahead of ECB’s policy decision on Thursday. The GBP/USD is in consolidation ahead of BoE’s meeting on Thursday, but is showing a bullish bias today. The decline in USD/JPY is stalling above 83.00, with the BoJ looking to conclude its meeting in the upcoming Asian session. The USD/CAD broke below last week’s range support, and is heading to more significant support levels. The AUD/USD pair may be forming a double top in the short-term ahead of the RBA’s policy statement in the upcoming Asian session. The event risks are complicated by Friday’s NFP, so there may be a choppy week ahead. Let’s take a look at these charts. Fan Yang CMT www.fxtimes.com
Automated forex trading system based on the Ichimoku indicator. Expert advisor robot trader built for metatrader MT4. Ichimoku meaning in Japanese as ” one look” was created by Japanese newspaper writer Goichi Hosada.
Unlike statisticians or mathematicians in the industry this was a work of person who used his expertise and few assistants and created technical indicator that is so robust and strong in today’s trading. There is strong pipwinner system built around this type of trading and it compliments other trading systems in place. Take a look a the video here.
The Ichimoku indicator is used to measure short term time frame momentum along with areas of support and resistance as they occur in naturally. The standard Ichimoku is comprised of five lines:
— This is a line made up by using high and lows for the 7 to 9 periods. This can be interpreted as short term moving averages.
— This line is same as the above Tenkan-Sen but it consists of longer time frames. Many traders use cross overs of kijun and Tenkan as entry and exits points .
The cloud is made up of space between the Senkou Span A and Senkou Span B. Senkou Span A is calculated by subtracting : (Tenkan – Kijun)/2 and the Senkou Span B is calculated by (Highest High- Lowest Low)/2 over typically 52 periods.
The crossovers are used for entry and exits points.
— Lastly the Chikou span is created by plotting recent price movement twenty six periods behind the latest closing price.