I only use Fibonacci as a rough guide or confirmation to the market movement (retraction, etc) but only for longer TF (H4,D1,W1). What is the current strategy that you are using?

Hi ,
Anyone here join James16 private forum?Heard a very good comment from a lot of traders. Please give me some review and comment if any of you has joined it.

Appreciate your help.

Thanks

CFTC is going to adjust the leverage to 1:10, you still wanna fund in US broker? Why don't you choose Alpari UK?

Yes, of course you can use any banks in Malaysia do bank wire to forex broker.

I'm using Alpari UK, so far very satisfy with it.

It is not calculate by percentage, Maybank will charge a RM10 for bank wire and the exchange rate vary from all the banks. So far i tried Maybank & HSBC before by using bank wire, I found that HSBC exchange rate always cheaper than Maybank but bank charges is RM25.

You do have to keep in mind that you can only withdraw to the account that initially funded the deposit. So if you use your credit card, you can only refund back to your credit card.

Furthermore, creditcards have very bad exchange rate. You might want to check the exchange rate with your credit card before starting the deposit.
BTW.. did you read the link that you provided to us? You can't fund with creditcard from Malaysia.

# Credit/Debit card (except residents of Argentina, Bolivia, Brazil, Bulgaria, China, Chile, Egypt, Estonia, Indonesia, India, Kenya, Malaysia, Mexico, Nigeria, Romania, South Africa & South Korea)

Then I guess you didn't even read the link before asking us for the details and you definitely didn't even look at this "£18 <= anyone know this is usd/gbp?" before asking us whether it is in GBP or USD. I guess some of us here does not even know what "£" stands for.

Are you sure you are ready to trade?

Then I guess you didn't even read the link before asking us for the details and you definitely didn't even look at this "£18 <= anyone know this is usd/gbp?" before asking us whether it is in GBP or USD. I guess some of us here does not even know what "£" stands for.

Are you sure you are ready to trade?

for all major pair

H4 sell = GU ,GJ EJ,EU
D1 sell = GU ,GJ EJ,EU
W1 sell = GU ,GJ EJ,EU

for those whom sell from last week , it's better to hold sell trade ...

for those whom trade gold (physically or using gold investment account) , just sell some gramme .

for long term gold trader , better hold your buy trade , as currently gold is in bullish mode

for scalper gold trader , better sell first some of your gold , then wait for next entry

wave count and wisemen

Why would you be even holding anything before FOMC and Bernanke's re-election and/or possible resignation? Any bad news and the stock market tumbles, investor's fleeing to USD and good-bye GU. If you are lucky, then things go your way. Technicals versus fundamentals, technical will always lose. It does not matter how good you analysis can be, the news tonight can undo everything. I do not enter the market with "If I'm lucky... " or "I hope the market will...".

If everything goes as planned from the long term point of view, then it will be rather easy to forcast the fundamentals study. But however, things are not the same in the real world.

1. A politician talking non-sense, implement things, or any actions that doesnt make sense from the economic point of view can make fundamental prediction very hard.
2. A random event from real world can move the market too, things such as natural disaster, a country disaster etc.
The best easiest way is to look at real time and see how the market digest the news/politician speech, then from there u will be a clear direction even without any technical study.
Technical study is to dig what most & majority of trader think.
Fundamental study is to study what likely that these event will shift the majority trader's perception. In this case u look again into technical.

So if u have a trading plan ahead, u have to change ur goal according to the event that has happened.

My FXDD real account shows 127.40.

Those are historical data. If you want to compare the brokers, you have to do it real time. Anything after that, you are just downloading historical data in the form of a text file. Accuracy is not guaranteed in historical data.

As we have discussed this many times, you are dealing against the broker and not the actual market. The agreement is between you and your broker and you cannot use the feed of other brokers to compare. You get what is fed to you from your broker.