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> Forex Trading Corner, Let's discuss forex strategy

rstusa
post Feb 1 2008, 11:58 AM
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QUOTE(normeck @ Feb 1 2008, 10:34 AM)
thankz billy...i will noted that...but now i just choose 1:500 leverage...can i change back?
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Which broker you get 1:500?
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normeck
post Feb 1 2008, 12:32 PM
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fxopen...scam company...heheheh!
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jack2
post Feb 1 2008, 03:07 PM
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QUOTE(normeck @ Feb 1 2008, 12:32 PM)
fxopen...scam company...heheheh!
*



yeah, many bad news about them recently on spike issue, money gone and set to zero when clients made huge profits without any explanation.

Accounts were disabled and money forfeited. I think that if clients break the rules, money should not be forfeited.
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rstusa
post Feb 1 2008, 03:42 PM
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QUOTE(normeck @ Feb 1 2008, 01:32 PM)
fxopen...scam company...heheheh!
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Then why you still put so much money inside? Now your balance 15k, better withdraw out immediately.
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Casanova88
post Feb 1 2008, 07:26 PM
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Hi guys,

I am just wondering, how do we go about opening a FOREX trading account since FOREX is not legal 100%. Can we use our local bank acc to do the transaction or do we really need to use a foreign bank account? Please advise

Thank You smile.gif
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normeck
post Feb 1 2008, 07:55 PM
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forex is not legal???


Added on February 1, 2008, 7:59 pm
QUOTE
yeah, many bad news about them recently on spike issue, money gone and set to zero when clients made huge profits without any explanation.

Accounts were disabled and money forfeited. I think that if clients break the rules, money should not be forfeited.


can give me proof?
why there is still people in their forum?
i heard that they just do a ghatering for their members...

This post has been edited by normeck: Feb 1 2008, 07:59 PM
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billytong
post Feb 1 2008, 08:24 PM
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QUOTE(jack2 @ Feb 1 2008, 03:07 PM)
yeah, many bad news about them recently on spike issue, money gone and set to zero when clients made huge profits without any explanation.

Accounts were disabled and money forfeited. I think that if clients break the rules, money should not be forfeited.
*

Especially when you start earning mega profits from the broker. They will show their true evil face.

Why? Because most broker know that 90% of the traders lose money, so they take opposite of the trade of what you take. Thats the only way the rob your money and make money.

There are quite a number of broker I read in the forum do this. I suggest you quit them and go for the big ones. The big ones never do this because they have big clients + they charge quite exp on spreads. Thats where there earn money. OR you can just go for ECN commission base brokers such as dukascopy or interactive brokers.


but then, for those brokers may be someday I'm rich & much more skillful enough that I might open one acc with some Game money and start making killer ROI to rip them off with GbpJpy. brows.gif

This post has been edited by billytong: Feb 1 2008, 08:28 PM
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Gravity
post Feb 1 2008, 08:29 PM
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my current forex result for past 6 months = 4.5K loss cry.gif cry.gif
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normeck
post Feb 1 2008, 08:30 PM
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QUOTE
thanx admin, dah masuk dah 2nd withdrawal dlm maybank,minggu nie je dah 2 kali dah, very-very impressive!! Thanx!!


this was taken from their forum...
was there any problem ?


Added on February 1, 2008, 8:32 pmEspecially when you start earning mega profits from the broker. They will show their true evil face

oooo....if like that ok la...
if i have more then 10k..then i will go to fxsol...

This post has been edited by normeck: Feb 1 2008, 08:32 PM
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billytong
post Feb 1 2008, 08:57 PM
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QUOTE(Gravity @ Feb 1 2008, 08:29 PM)
my current forex result for past 6 months = 4.5K loss cry.gif  cry.gif
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Study the fundamentals my friend, With money management + risk management + Fundamentals + technies = Killer ROIs.


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rstusa
post Feb 2 2008, 12:57 AM
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QUOTE(billytong @ Feb 1 2008, 09:57 PM)
Study the fundamentals my friend, With money management + risk management + Fundamentals + technies = Killer ROIs.
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With what you said but many ppl still can't did it, that's why still 90% ppl lose money in forex tongue.gif
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billytong
post Feb 2 2008, 08:48 AM
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QUOTE(rstusa @ Feb 2 2008, 12:57 AM)
With what you said but many ppl still can't did it, that's why still 90% ppl lose money in forex  tongue.gif
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Because they add another thing call "Emotion" which screw up the equation. tongue.gif
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jack2
post Feb 2 2008, 10:12 AM
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QUOTE(billytong @ Feb 1 2008, 08:24 PM)
Especially when you start earning mega profits from the broker. They will show their true evil face.

Why? Because most broker know that 90% of the traders lose money, so they take opposite of the trade of what you take. Thats the only way the rob your money and make money.

There are quite a number of broker I read in the forum do this. I suggest you quit them and go for the big ones. The big ones never do this because they have big clients + they charge quite exp on spreads. Thats where there earn money. OR you can just go for ECN commission base brokers such as dukascopy or interactive brokers.
but then, for those brokers may be someday I'm rich & much more skillful enough that I might open one acc with some Game money and start making killer ROI to rip them off with GbpJpy. brows.gif
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Thanks for the comment.

I didn't join them since beginning. I read from somewhere else about fxopen and i judge based on my reading.
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normeck
post Feb 2 2008, 08:24 PM
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i heard FXCM will get into MEtatrader platform end of FEbruary....that would be nice!!...heheheh!!!...FXCM got swap aaa?


Added on February 2, 2008, 8:26 pmone more things...i heard FXCM can used debit card from Public Bank...thats nice...no more go to bank...online only..huhuh!!

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billytong
post Feb 3 2008, 12:33 PM
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QUOTE(normeck @ Feb 2 2008, 08:24 PM)
i heard FXCM will get into MEtatrader platform end of FEbruary....that would be nice!!...heheheh!!!...FXCM got swap aaa?


Added on February 2, 2008, 8:26 pmone more things...i heard FXCM can used debit card from Public Bank...thats nice...no more go to bank...online only..huhuh!!
*

If you are going for FXCM, open HSBC acc, they are base on HSBC bank.(except FXCM USA branch for USD which is base on Bank of America) I like this because I dont get interbank fees charged when my money go there. I tried UOB and bankwired to my FXCM acc, I dont get the exact amount I bankwired, they had minus some money just to transfer between diff banks. mad.gif
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jack2
post Feb 3 2008, 12:43 PM
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QUOTE(billytong @ Feb 3 2008, 12:33 PM)
If you are going for FXCM, open HSBC acc, they are base on HSBC bank.(except FXCM USA branch for USD which is base on Bank of America) I like this because I dont get interbank fees charged when my money go there. I tried UOB and bankwired to my FXCM acc, I dont get the exact amount I bankwired, they had minus some money just to transfer between diff banks.  mad.gif
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FXCM US uses Bank of America. Can we choose to open account with FXCM in other countries other than US?

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pipswave
post Feb 3 2008, 01:51 PM
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hi

Sesiapa nak beli EA robot only rm20...great autotrading robot can generate 100-200 pips a day.

berminat? pplz pm or mail me at syariz28@yahoo.com...

robot usage is unlimited

This post has been edited by pipswave: Feb 3 2008, 02:00 PM

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MNet
post Feb 3 2008, 02:06 PM
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QUOTE(pipswave @ Feb 3 2008, 01:51 PM)
hi

Sesiapa nak beli EA robot only rm20...great autotrading robot can generate 100-200 pips a day.

berminat? pplz pm or mail me at syariz28@yahoo.com...

robot usage is unlimited
*




mai pomote kat cni
Shamx77 nak beli
http://forexfactory.com/showthread.php?p=1832734
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normeck
post Feb 3 2008, 02:11 PM
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QUOTE(billytong @ Feb 3 2008, 12:33 PM)
If you are going for FXCM, open HSBC acc, they are base on HSBC bank.(except FXCM USA branch for USD which is base on Bank of America) I like this because I dont get interbank fees charged when my money go there. I tried UOB and bankwired to my FXCM acc, I dont get the exact amount I bankwired, they had minus some money just to transfer between diff banks.  mad.gif
*



what about Public Bank?...debit card on Public bank?....
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jack2
post Feb 3 2008, 02:17 PM
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QUOTE(normeck @ Feb 3 2008, 02:11 PM)
what about Public Bank?...debit card on Public bank?....
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Never heard that they accept debit card. Their web states credit card only. I don't think debit card is accepted since it involves of international transfer.
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