Monday, March 22, 2010

Forex Automoney FAQ Session 3

How much will I pay for my membership?
As stated on our payment page, for $4.95 you will get a 3-days trial membership and use our strategies without any limitations. In this time you can make a lot of money simply by following the signals. After 3 calendar days of the trial memberhsip, the future cost will be $99.90/month.
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I want to change my payment info. How can I update my credit card information?
To update your credit card please follow the steps below:
Go to the URL: http://www.clickbank.com/updateCCEmail.htm?path=rbe&locale=EN
Enter your order number and email address
Update your billing information and click "Update Information."

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How to relinquish membership?
You singed here to make money -- we strongly recommend not to give up! Forex Automoney is the real chance to change your financial life.As the membership cancellation is the ultimate step, we strongly recommend to contact our support to resolve your problem first.You can contact our support here.Members wanting to give up and lose their ultimate chance to earn money automatically, can cancel their membership using fully automatic procedure described on the Terms of Use page.Please remember, that after canceling your membership you will not be able to login anymore, so it's best to decide just before the membership expiry date. But once again - we do recommend to contact our support.
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Platform

What is "volume" or "units" parameter when entering the trade in the platform?
"Volume" or "Units" is the amount of currency you want to buy or sell. For example if you want to buy EUR/USD, the "Volume" tells your platform about how much EUR you want to buy. If you enter 1000, this means that you wan to buy 1000 EUR.Another example: if you want to sell CHF/JPY, the "Volume" (or "Units") parameter explains how much CHF you want to sell. If you enter 100 - that means that you want to sell 100 CHF.There are various notations. Sometimes is asks you to enter the number of "lots" like 0.01 or 2.00One lot is 100,000 USDSo if you enter 0.01 that means that you want to trade with 0.01 lot which is 1000 USD. If you are trading with 1:100 leverage - you will invest 10 USD in this trade.If you are entering 0.02 lot with 1:50 leverage you will invest 100,000*0.02/50 = 40 USD
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How can I see how much I earn?
You can check this using your trading platform. If you are not sure how to use it, please refer to the platforms' manual or contact your broker about it.
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Why I'm getting "Invalid TP/SL" error?
"Invalid TP / SL" message is generated when you entered bad Stop Loss or/and Take Profit values. Even if you used the calculator, you could made an error.
The most common error is entering the bad BID/ASK value in the calculator.
Make use your entered correct BID or ASK price - BID when you SELL and ASK when you BUY
Make sure you entered this value for the proper pair value
Make sure you took the current price from your platform, not from 'Real Time Quotes' listing in the right column
The calculation process should be fast. If, in the meantime the base price will change too much - you will get this error.Example:You are trying to BUY and the ASK price is 1.00You used the calculator and it shows TP=1.1 and SL=0.8Then you are entering those values into the trading window, but now the base price is 1.2You will get error, because you are trying to enter Take Profit (1.1) lower than actual base ASK price (1.2), which had changed in the meantime.So you have to make sure, if "Take Profit" and "Stop Loss" values are far enough from the actual BID or ASK price. Especially in the Intraday Strategy, Take Profit values are set very close to the base price (lie 10 pips), so you have to be fast when entering the trade or when you get this error, just move Take Profit and Stop Loss several pips more.
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Why I'm getting "Trade is disabled" error?
Trades cannot be placed outside trading hours as no prices are available to tarde against in MetaTrader. For example, if you try to place a trade between Friday 23:01 CET and Sunday 23:59 CET you will get the "Trade is disabled" message.
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Should I look at the charts?
You don't have to look at them. All you have to do is to enter the trade parameters.
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How to close the trade?
Closing the trade means performing the opposite one. For example if you buy 0.01 lot of USD/CHF (ot you buy 100 USD for example), to close this trade you have to sell the same amount of currency. So all you have to do is to enter the opposite trade with the same volume.
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After downloading a software I got an information, that the program"is not a valid win32 application".
Your browser just stopped downloading the file for some reason (i.e. slow speed). I would like to recommend you downloading and installing so-called "download accelerator".For example:http://redir.speedbit.com/redir.asp?ID=7019&filename=DAP85.exeThen, when you have it installed, download the file again using the download accelerator. It will help.
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I don't know how to use my platform
Please refer to the platforms' manual or contact your broker about it. Is this answer helpful for you and did it solve your problem?

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