my target is to earn 1mil within few months... that's possible. but how ? currently I using real account ,starting trade on 18th, til now i earn 200% of my total capital. that's crazy...

Hi myvi, u jus started trading? would u share some tips to me on what to do for a beginner? i heard that they can have a demo account for us to test 1st. Am i right.

Yes, that is exactly what I'm saying. They are the market movers. They fight amongst themselves to move the market to make money. We are the little fish on the side, picking off their trail of food. Whichever direction the market goes during their fight, we just follow.

Where do you think the concept of resistance and support came about? That is the result of their fight. One big fish moves the market long and another big fish is ready to stop it with their own short orders. That line is the resistance line (price going up and the opposite would be support if the price is going down) where the other big fish has the short orders ready.

If the long fish lose the fight, the price bounce off the resistance line and go short (as we have seen happen many times) because the short orders were activated. If there is a fight, you'd see the price move along the resistance and then move up if the long fish beats the short fish (when short fish no longer has any short orders left coz they have all been bought by long fish).

Again, we are just the little fish waiting around and then short the market if the long fish lose or continue long if long fish wins. You get the concept now? That is how retail players do it. We do not predict and we do not move the market. We just follow and pick up the pieces.

Use oanda,then use paypal to fund ur account.

cheapest and fastest way

if you used paypal for deposit, what happens when you wanna withdraw? oanda recognizes withdrawal by funding account. paypal is gonna freeze your account if it see big bucks coming in.

is it better to let someone handle it or should i just handle it on my own? this whole forex thing? sounds pretty interesting

Besides IBFX Aus, any other broker that all forumer can recommend ? Or basically all broker are the same.

Thx for ur info myvi5949.

Heard tat some of my frens who got their hands burnt in forex too.

So basically u'll have to be partially an "economist" too la, to read news around the world, wats going on etc.

I think we shud discuss trading strategies more, instead of broker broker broker.. n broker.. 

Hmm, der is a point der.. 

That being said, i have being shorting GBP all this week.  Austerity measure and fear of QE from BOE could spark further downside to 1.5650 and retest to 1.5350 next week.. dont like EU at the moment its too volatile.  Just to start the ball rolling 

Hi all,
i have some questions here, anyone can help and guide?
1) what's the different between these three? instaforex.com,      instaforex.com.my and instaforex.my?
2) which one is the best among these three? most trustable and no problem for deposit and withdrawal?
3) which one u guys are using or prefer?
4) is ibfx.com.au (interbankfx Australia) better?
Thanks in advance.

Wah.. so confusing 

Well I am glad that I switched my second entire acc from USD to AUD @ 0.83 rate Not to mention in Oanda, it pays me ~4% interest(annual rate) on daily basis.

With Austrialia Economy growing faster than US/Europe + the stocks and gold keep hitting new high. It would seems obvious that AUD is likely breaking Parity vs USD soon.

Use secondary Acc Oanda USA. I have 3 Accs type, USD, EUR, AUD now. If AUD turn into long term bearish, I will switch back to EUR/USD in instantly. But I will be harder to switch back because the interest rate every day from AUD is too hard to resist lol. Higher than any FD in Malaysia.

was thinking of having Pound Sterling acct (Alpari-uk), usd down.. Pound up..

Is it true that can be rich with forex just sit at home bang balls move mouse?

Many data for US this week. QE2, friday's NFP, tuesday election(hopes republican win). The market gonna be choppy.

Give up on IBFX.. they insist on certification. I going for OANDA.

Giving up MT4.... Let hope I dont made the wrong choice

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Added on November 4, 2010, 11:00 amseriously any  guide line?

EU is cliiiiimbinggg~

any tips for me who trades only EU, im using 1h.

currently getting fond with momentum,stoch and parabolic SAR. these 3 is the best for me. hehe what about u guys?

Any ichimoku trader here?

Anyone here still long AU and shorting UJ?

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