yeah.. everything seem like slowing down already .....

now sure how will euro be with ireland on loan and some problem with some other country due to debt

and the korea issue affect the yuen and jpy..

guess its gonna be a slow ride for the month of december

US bank closing on Thursday .. so its gonna be very thin ... hehe

How korea issue affect CNY & JPY?

no idea.. just saying... hehhee but then won't yr country be screwed if yr neighbour engages in war ? lol

Owh I din knw its closing for US banks tmr.. in dec whats the holiday mood besides christmas?

US banks will be closed in observance of Thanksgiving Day;

From your signature, you are a money manager!

Small time only ... ... hopefully can be big one day ...

so hw's yr consistency ? manage to get > 10% a month ??

So far so good... take a look at the link for more info .. there's realtime performance charts and so on ..

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Added on November 25, 2010, 11:05 amI'm not trading today .... US is closed .. not enough participants ...

This post has been edited by luqmanz: Nov 25 2010, 11:05 AM

big players adjusting their portfolio.. some will bank in profits for the year.. etc etc.. doesnt mean that market will move slowly, just that some market volatility should be expected.

Its better not to trade around christmas and new year. most traders are on holiday

Need an advice here or suggestion from fellow sifu.

I need a recommendation on which forex broker to use? I used have a micro acc with fxopen, which was good, the only thing is the funding through agent, which the rates are like RM3.6 = 1USD, which i think kinda high.

basically i need a broker which offer micro acc, offer easy funding to the acc with low charge and accept credit card.

Probly there already mention in this thread, but its already 125 pages on V7.

thanks for the time!

Well if the broker offers you some bonus capital ... it could be a good thing ...
Like Instaforex .. deposit at rm3.7 ... withdrawal at rm3.6 per USD ...

Lets say you deposit RM 3700 ... current BNM conversion rate is RM 3 .. but Instaforex is RM 3.7

Capital in your account ....

3700 / 3.7 = USD 1000 + 30% bonus = USD 1300
compare that with

3700 / 3 = USD 1233

You have more capital despite the "worse" rate. ...

Let's say you trade and make 50% return ...

1300 -> 1950
1233 -> 1849.50

Withdraw

1950 * 3.6 = 7020 (Insta)
1849.50 * 3.3 (assuming the USD strengthen) = 6103.35 (others)

But the trend is USD going to weaken ... so you will get even less than RM6103.35 using other broker.

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Added on November 25, 2010, 4:47 pmHow can the broker do this ? My simple guess is ... most traders lose money in forex. Why ? Because of lack of experience, knowledge and discipline.

This post has been edited by luqmanz: Nov 25 2010, 04:47 PM

is instaforex secure and regulated? i cant find instaforex in CFTC, NFA and FSA..

InstaForex is not regulated by entities you listed. But me and other trader friends been using it for quite sometime without issues.

This post has been edited by luqmanz: Nov 25 2010, 04:55 PM

Go Markets have the 1st iPhone apps which support connected with MT4.

You think NFA gonna protect non Americans? even an arbitration they will ask money from you to even start one (if you are in america). If you want to be protected, it must be a local regulatory body... and the only one I see is SC (www.sc.com.my) ... so obviously not 1 broker is regulated to protect malaysian

This post has been edited by Sham903n: Nov 25 2010, 07:09 PM

aha ..now i know why US market is ranging ...damned Thanksgiving

Thanks for the tips. Do you have the Affiliate Code? You want me to fill you in? No harm anyway, better to let someone earn something rather than just left it blank. Do PM me.

edit: Read some review on InstaForex, and its not good at all. There are some issue with the lagginess of the server (Sg Server). Trader are unable to close their bid. And other issue as well. Which worry me. FPA even regard InstaForex as a Scam (old review).

Anyway, anyone tried CashBackForex?

This post has been edited by lauyah: Nov 26 2010, 01:17 PM