not USD surging la, is the dollar fell against most currencies because of the nikkei

This post has been edited by NirukaKL: Jul 24 2009, 01:57 PM

Yala, but that was yesterday where market already reacted, this nikkei up because lots of Asia company announces good results and ppl are expecting the same from Europe and US on the same day. And the surge only occurs at Noon where nikkei already opened for like 5 hours, if its because of US, shouldn't be the surge happens early morning?

Ya i remember after US stocks close then only they announce, which always result in what i call "lag effect" which also caused Friday's US trading market under pressure.


As for the Nikkei 1, early that time was pressurized by above event, but before UK trading session opens, ppl start buying on bets that major corporate in UK will post optimist results, but that Microsoft "lag effect" post a greater threat as it reflects software industry as a whole, therefore putting pressure on US market stocks on Friday further pressurize by "Friday" selling by investors who exits position ahead of weekend.

forexfactory.com
forexpeacearmy.com (very resourceful)
sabahforex.com (local, but in malay)

hope it helps

I can tell you no, but if you got like years to spend just on the initial learning and researching (from scratch) part, i guess yeh, you could try.

Ya, but how long it took them?

Wah 3-8 months a, earning every month ka ?

Wah, some of them earning consistently every month wo, congrats congrats!! Not many can achieve that..! But for me, Forex is an art that you need to learn everyday as market is Dynamic!

Whats your trading method o (eager to know )

If you really really want to learn.....PM me i tell you where you can learn.

This post has been edited by NirukaKL: Jul 30 2009, 10:01 AM

Yala you geng la, congrats!!

Alpari also got nano (or Micro) also....so either is same, it depends on your choices

No la, Micro in this industry is standard 0.01 Lot which = $0.10 per pip, you can try ask alpari again....Maybe you got the classic account la

Checked out this IBFX indeed you are right, have Nano....do anyone actually open such account? Cause micro is already...i could say small enough...

Or its something they do just to stand out of the crowd....thats what many broker does...

But ofcourse with swap rates (interest, very small amount only)

Cannot la, 1 day sure kena 1

I think every forex trader trades GBP/JPY.....

This post has been edited by NirukaKL: Aug 3 2009, 12:39 PM

For your first question:

It depends on what position you're holding and which direction ie: for GBP/JPY (Not all brokers gives you interest)
Long GBP/JPY = Brokers gives you interest
Short GBP/JPY = You gives broker ineterest


2nd question:

Yes you will have advantage, but it depends on your initial deposit, if its small then dun really bother cause you wont see the difference.....if its big like 10k and above (USD) then you may consider. (If you are planning to have those money in that account for like for a long period)

EUR and GBP to fall while the dollar slightly recovers .....