Today is another strong BUY sentiment for GBPUSD .. even stronger than before ...

Crude Oil is still up
Gold went down because of the strengthening of S&P 500 equity.
GBPUSD futures is going up
USD Index is even lower
Bonds is going down. This is expected from strengthening of S&P.
S&P 500 is up.

BUY BUY BUY ...

I have a question regarding trading currency by using credit card.
if I would like to hold a currency for a middle or long term,
let say I long GBPUSD, and hold its for 4 months, its come up or down (earn or loss) 100 pips ( Just an example)
how can I pay the trading on credit card? by month basis?
if let say I loss for 100 pips with leverage 1:100..means 1000 usd
I have to pay for the bank how much I lose based on how much I loss for every month?

That's not possible ... you have to fund your account (by charging your CC) then you trade.
Tak boleh hutang-hutang dengan broker. Hutang dengan CC company boleh.

However, never borrow money (from anyone) to trade Forex. Use only money that u truly own. Small
portion of it.

hi guys,i just register forex acc with instavista the other day.but the thing is,i dont know what type of acc that i just opened.i chose standard,i put USD800 and got USD240 bonus total 1040.so its mini account or regular account ? thanks

If u choose Standard .. its always a mini account with Instaforex

Mini means ... 1.00 lots is equal to USD 1 per pip ... (USD pairs)

This post has been edited by luqmanz: Mar 4 2011, 04:11 PM

Any opinion y AU is getting stronger?

Owh,ok...despite d flood...china is supporting its economy by buying lots of coal n iron ore...in d long term,this is a buy,i suppose...
Also d lng project about to kick in soon...
Gotta dispose of my shorts on AU then

This post has been edited by shajack: Mar 4 2011, 04:18 PM

The same reason why GBPUSD is getting stronger ... look at my comments above ...
AUDUSD futures is also on the uptrend ...

When fundamentals across the board are saying SELL USD ... almost any TA buy xxx/USD signal will have better chance of winning ...

This post has been edited by luqmanz: Mar 4 2011, 04:21 PM

thanks for the clarification bro.i got confuse which is my account while reading how to calculate pips..hehe.. ty2!

where got stronger? mine still silent 1 XD


but my crystal ball says GU alrady noe d direction..

May be in d short term,i can dispose this -ve pips with minimum lost...waiting for tonite NFP n unemployment claim

Mine showing -ve...tis is from last week trade...-70 sumthg pips ...

This post has been edited by shajack: Mar 4 2011, 04:27 PM

i think you have to trade demo account and understand what is margin means. margin comes from your funding/balance. without margin, you can't open position. you have to put money into your account before you trade.

As long as those pips keep churning in profits...i dont care where it goes,hehehe...limit reached on GU short

I just no really get into it. can you pls explain or given a example to me?
how did you guy pay for credit card normally? Is that pay for 1 time off?
like for example I pay USD1000 to the account, mean that I have to pay to credit card USD1000 by cash.
then my account remain USD1000 for me to trade. what if the amount became negative mean I loss the money how am i going to pay the debt? or what if I win let say USD100. how could I get back the money?

kanasai.. y use credit card? use wire transfer maaaa


credit card can use a?? i thought debit card. lol! im really ketinggalan zaman

Fxcm can use cc laa

Fx trading account just like your another bank account. Means that, now you use your Credit Card to swipe uSD 1000. Mean you have to pay your USD 1000 in your CC in coming CC statements.

Then your FX trading account will be funded with USD 1000. THen you trade with wateva your have in your FX trading account. Profit / Loss will be reflected in your FX trading account. No longer related with your CC

FFUUUUUUUUUU how come me dunno.. me use fxcm

CC is mean TT?

credit card..