Forex
By: Kevin • Research Paper • 2,016 Words • February 12, 2010 • 951 Views
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Hacking the Financial District
by Bankster
In reading many different posts on Totse as well as books I realised that what is lacking for a well-read Totse regular is a way to earn money simply and legally. This information that I am providing is worth many millions of dollars and it is with no small amount of trepidation that I unleash this most potent of beasts upon the technically-literate masses in Totse.
Trading is the ultimate way for the urban warrior to earn money for several good reasons:
• You can live anywhere and trade. All you need is a fast connection
and a P.C with Windows XP preloaded with 2 pieces of software.
• Because you can live anywhere you can tell the government to shove it and live somewhere where theres no taxes and the temperature is year round pleasant. (Bahamas anyone?)
• It's a recession proof way of earning amazing money. You can make just as much money when the markets going down as when its going up.
• You get to live out your techno-dreams. Youve suddenly got the perfect excuse for investing in wireless 3G phone streaming broadband to your laptop.
Now first some basics. This technique that im about to describe is what I like to call Blade-running. I do truly believe that in the near future this will be THE way for a seasoned hacker to keep himself in Ferraris. For those that believe that what im saying here amounts to joining the global financial conspiracy which is inexorably intertwined with high finance of the type that im about to describe you'd probably be right. What I'm describing is nothing short of the illuminati's technical manual for reaming the world economy while all the plebs work 10 times as hard for a fraction of the money. At the very least this will provide a new vista for how the global financial juggernaut ticks and how to snatch huge amounts of money out of thin air by manipulating it.
So youve got a P.C with Windows and a (preferably) fast Internet connection. What now? First step is to go to www.fxcm.com This will be our training ground for learning how to hack the matrix for lots of free money. When you get there go to "Quotes and Charts" on the right hand side of the screen and click on "click here". That will bring up daily FX.com. On the left hand side of the daily fx screen youll see a series of live prices starting with the Euro/USD. Click on the Eur/USD price quote to bring up the chart. If those instructions confuse you then we could be in for an uphill battle trying to learn you on this one. Just go to this link if I've already lost you: http://www.dailyfx.com/FinanceChart.html?symbol=EUR/USD
This is our bunker from which we get to snatch big dollars so let's get a little familiar with it. After you've used this for a couple of days it will be much easier. For now just realise that if you can grasp what im about to teach you you'll never have to work again, your income will be increased at least 20 fold, and you'll suddenly be one of those folks that can travel the world and answer to no one because their passport is issued in Grenada or some other paradise where actually living there doesn't form part of the basis for being assessed as resident there. ahh Freedom.
So firstly set up your screen for business...
1. You'll see a command called time scale. Click on it, highlight one minute, and click on it. This changes each "tick" on the chart to 1 minute of time. Don't worry if that doesn't make sense to you, just do it.
2. Next highlight studies (blue bar), select moving averages, then select new, click. Now where it says input for moving average take away the 10 and change it to 20. Press OK. There should now be a "smoothing" green line running across the screen. More on this later.
3. Now highlight studies again and select R.S.I, new, and change the value from ten to 20. Full explanation on this to follow.
That's the preliminaries for preparing your chart. The chart you're looking at takes price information from the Chicago Mercantile Exchange where the world is for sale at a constantly changing price level and converts this price data into the visual image you see. It does this in REAL TIME. Thus when you enter a position your account balance automatically updates in real time as well.
Practice using the zoom function (blue bar). Click on zoom in and highlight a section of the chart to focus on. Reverse to zoom out. In this way you can focus in on present price action and gain greater control of the process im about to describe to you.
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