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 Forex | Version 8, Foreign Exchange Market Discussion

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kthnxbye!
post Mar 8 2011, 02:22 PM

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QUOTE(Mesosmagnet @ Mar 8 2011, 01:52 PM)
Hi,

I'm new to forex trading.

I'm curious as to which brokers are being used by Malaysians. Oanda, Alpari, FxDD, IGMarket, these are the few that seem to be more trustworthy, but I would like to know which brokers you guys use.

Also I do not have alot of capital to invest. My maximum would be USD 1000. What would be the average realistic profit that can be made(after taking into account loss) per month with such a low capital?
thank you.
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i only deposit USD800,then i got extra USD240 from InstaTrader. thumbup.gif
kthnxbye!
post Mar 8 2011, 10:25 PM

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this is tonight trade. -.-

first live account trade i lost USD100
2nd trade profit USD100
3rd profit USD80
kthnxbye!
post Mar 9 2011, 06:44 PM

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QUOTE(AllnGap @ Mar 9 2011, 06:38 PM)
GU resistance @ 1.62
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i just bought it when its 1.6188.. thumbup.gif
any other ramalan sifu ? do u mind if u share your scalping strategy ? hehe

wth ? it jump like mad.. 1.6207..sold at 1.6194

This post has been edited by kthnxbye!: Mar 9 2011, 06:59 PM
kthnxbye!
post Mar 9 2011, 08:03 PM

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QUOTE(AllnGap @ Mar 9 2011, 07:22 PM)
i put my sell limit at 1.6201, instant hit.......you see the round number there got a lot of tail means selling there

damn it, just now i long at bottom but i set it SL @ BE, if not i can ride in 40pips


Added on March 9, 2011, 7:30 pmi'm left with free margin 280%

what is the normal margin left in your account ?
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180%..what do think about UJ ? hmm.. i found this and trying the method.

http://forex-strategies-revealed.com/gbp-jpy-scalping


kthnxbye!
post Mar 9 2011, 08:31 PM

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one thing that i realise when i trade,smoke more than normal,cant keep my eye off the screen..haish..
kthnxbye!
post Mar 9 2011, 09:32 PM

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QUOTE(kevler @ Mar 9 2011, 08:40 PM)
updated

still holding EJ and GJ ...with 30-80 pips

and nevertheless , trailing stop activated to prevent any unexpected event :-)
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kevler,whats the main strategy u use ? scalping ? long term ?
kthnxbye!
post Mar 10 2011, 04:47 PM

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guys,any idea on EU ?
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post Mar 12 2011, 02:02 PM

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I think AU gonna drop by next week.Yesterday it hits a strong resistance.
kthnxbye!
post Mar 12 2011, 05:10 PM

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QUOTE(nshady @ Mar 12 2011, 02:37 PM)
Hello guys. I'm still learning forex and according to babypips, we should take 2 months to learn from demo. I created demo this morning, but there's nothing to learn except you can buy and sell trades. That's all from a demo? I can see the prices for currency pair drop and rise and then buy/sell trade. How come that's all from a demo? Btw, I'm demo-ing from etoro.com
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learn how to draw SNR,recognize the CS..Refer to M15,H1 TF

kthnxbye!
post Mar 13 2011, 01:21 PM

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hey guys,whats your broker spread ?
kthnxbye!
post Mar 13 2011, 07:11 PM

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QUOTE(myvi5949 @ Mar 13 2011, 03:41 PM)
A lot of misinformation in the net..especially by websites and forums that is sponsored by the brokers.  Analysis is OVERRATED.  Trading is a game of probability.. it IS actually like a casino.  Trading should be easy..Select a system which has been tested.  You can buy systems..u can select one of those free systems.  Select one that fits your risk appetite and your time schedule. if u get buy signal buy. If sell signal sell.  The trader job is entry, exit and risk management. Dont think too much and research so much.. no one can predict the future no matter how much analysis u do.
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use indi..it helps a lot!
kthnxbye!
post Mar 16 2011, 06:04 PM

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QUOTE(luqmanz @ Mar 16 2011, 05:20 PM)
Hmm do nothing. I assume u have a good reason for entry and waiting for price to reach exit ... or hit stop loss
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just read entry on your blog regarding alibaba.ive been cheated by gold member ali baba as well last year,USD930.i join a program made by alibaba it self to refund back the money,maximum they can refund is USD1300 even tho your loss is more than that..thank god,they refund back the money to my acc.I read somewhere,saying that alibaba company it self is a scammer and involve with a lots of fraud case.
kthnxbye!
post Mar 17 2011, 07:03 PM

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Nikkei Making a Strong Recovery – Plunge Patrol?

The Nikkei after being down 5.0% earlier today is now down just 0.5%. Dealers have been quick to suggest the plunge patrol (official buying) and it may be a precursor to BOJ/MOF intervention if we see any more downside in USD/JPY. It has been quiet a recover off the 76.25 low today but until the first digit starts with an eight one should be wary of intervention – and not the playful kind. If the BOJ/MOF do intervene they will have the big stick out and you should see a four to five big figure move.
By Sean Lee || March 17, 2011 at 05:24 GMT
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post Mar 17 2011, 07:35 PM

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QUOTE(JinXXX @ Mar 17 2011, 07:16 PM)
so how are they going to make it go up ?? i'm curious.. as to what they can do... to weaken the yen
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IMHO,YEN will be weak,and value of their currency will be lower compared to other currency,then their production item will be cheaper,and people are tend to export it to increase the economy..

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