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 Forex Version 10, Foreign Exchange Market Discussion

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kuekwee
post Aug 6 2012, 09:27 PM

Trading for a living
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QUOTE(maryjane9996 @ Aug 3 2012, 11:22 PM)
sharing is caring.  smile.gif

[attachmentid=2981867]
*
can't really understand
poks
post Aug 7 2012, 08:00 AM

--[2013 : Going Farming]--
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EURUSD to look at biggrin.gif

**opps.. removed chart .. aussie interest rate coming up... better wait for things to settle down biggrin.gif

This post has been edited by poks: Aug 7 2012, 09:55 AM
tehoice
post Aug 7 2012, 11:57 AM

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dear all,

just to share with you guys, this piece of news in The Star 7/8/2012.

please also see the list of blacklisted financial institutions as attached, as you can see, there are several forex broker including GVF, instaforex and etc... please be careful....

cheers mate!!! happy trading hommies......
CaughtYou
post Aug 7 2012, 12:38 PM

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anyone heard about Meta origine before?
someone ask me to invest in it, but i google cant get anything about this meta origine

christ86
post Aug 7 2012, 01:27 PM

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funny thing is insta and primus also inside , LOL
i guess as long as got complain they will post. HAHA
Might as well put in all forex broker that has malaysia client.
poks
post Aug 7 2012, 04:25 PM

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From my point of view..
it's not the broker that is illegal but the person trying to scam using some good broker's name...
most of us doesn't even know what is trading about but we want fast money.. there for we get scammed easily and the next best thing to do is report to BNM ... happy.gif
boyvai
post Aug 7 2012, 09:09 PM

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Elliott wave count on gbp/jpy tf4
1st)if trancuated wave 5 probably market will complete correction wave 3 wave A.
2nd)if no trancuated wave 5 market probably market either double bottom or complete major wave 5.
Attached Image

on euro/jpy from my previous post target hit on wave B smile.gif aww yeah~
tayor
past
Attached Image
update
Attached Image
waiting turning point on complete wave A


Added on August 7, 2012, 9:20 pmlol wrong Fibonacci expansion on euro/jpy.


Added on August 7, 2012, 9:25 pmmr poks,gbp/jpy still on support resistance range
look at my previous post
lets together learn EW smile.gif
no fren la here learn EW smile.gif
im off,wanna grab teh tarik lol
roger and out~


This post has been edited by boyvai: Aug 7 2012, 09:25 PM
anggaPra
post Aug 7 2012, 11:06 PM

[nothing to put here]
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anyone know is prelaunchx legit? it don't need any investment but can get commission if introduce to anyone.. i'm a bit sceptic about it
poks
post Aug 8 2012, 07:39 AM

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QUOTE(boyvai @ Aug 7 2012, 09:09 PM)
mr poks,gbp/jpy still on support resistance range
look at my previous post
lets together learn EW smile.gif
no fren la here learn EW smile.gif
im off,wanna grab teh tarik lol
roger and out~
laugh.gif .. EW never gets into me ..
btw .. i'm not into gbpjpy .. 1D chart just don't show me any thing... in range??
currently on short of audusd & long usdcad..
looking to short eurusd but just can't find good spot yet ...
liangko
post Aug 9 2012, 12:46 AM

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Hi all,

For those who are interested in price action method in forex, please feel free to visit my blog, I have just created this blog for the purpose of keeping a journal of my live trading as well as to share my price action analysis on forex market.

This is the link: www.learntotradepriceaction.blogspot.com

Thanks.


chen9wei
post Aug 9 2012, 05:16 AM

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I'm a forex dealer. If you need any insider info about this industry, you are free to pm me. Just to share some insight about the industry. My advise to the public ? Stop trading , stop speculating .
poks
post Aug 9 2012, 07:09 AM

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QUOTE(chen9wei @ Aug 9 2012, 05:16 AM)
My advise to the public ? Stop trading , stop speculating .
i wonder why?? hmm.gif
teamloks
post Aug 9 2012, 07:45 AM

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i wonder this 1 Virgin Gold Mining Corporation scam or not ya because i see alot of my friend join this thing and invest alot for it
apengfx-
post Aug 9 2012, 11:59 AM

I'm a Master Trader.
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From: Sniper Island is in your heart :)



count 1
Attached Image

count 2
Attached Image

happy trading smile.gif

This post has been edited by apengfx-: Aug 9 2012, 04:57 PM
royfsc
post Aug 9 2012, 02:04 PM

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Newbie here smile.gif May I know how to start learning forex? Been using demo account in primus for mirror trading, would like to trade by my own but don't know where to start. Previously just manual trade by intuitive and news sometimes gain over 100 pips but when fall also hurt very much over 200 pips, so would like to learn the real forex trading instead of continuing gambling like that. Anyway to start learning or anywhere to have course on where to start about? tongue.gif
sleepwalker
post Aug 9 2012, 02:46 PM

Need sleep....
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QUOTE(christ86 @ Aug 7 2012, 01:27 PM)
funny thing is insta and primus also inside , LOL
i guess as long as got complain they will post. HAHA
Might as well put in all forex broker that has malaysia client.
*
That's because any reputable forex broker will not open shop in Malaysia due to Bank Negara restrictions. You don't see Oanda in Malaysia as they are not stupid enough to ruin their reputation but you can find them in Singapore whose financial regulations are about 20 years ahead of Malaysia.

Bank Negara is not blacklisting forex brokers with Malaysian clients since Bank Negara does not have the authority nor the information to do so. BNM is blacklisting brokers stupid enough to operate in Malaysia by opening an office or using IB companies without a license. That's just pure ignorance and screaming very loudly that they are going to be here today and gone tomorrow.


Added on August 9, 2012, 2:49 pm
QUOTE(teamloks @ Aug 9 2012, 07:45 AM)
i wonder this 1 Virgin Gold Mining Corporation scam or not ya because i see alot of my friend join this thing and invest alot for it
*
Scam or not is one thing.. but not having license is another and they don't have license. Check the link provided by tehoice.

http://www.bnm.gov.my/documents/2012/Finan...lert_listEN.pdf


Added on August 9, 2012, 3:04 pm
QUOTE(chen9wei @ Aug 9 2012, 05:16 AM)
I'm a forex dealer. If you need any insider info about this industry, you are free to pm me. Just to share some insight about the industry. My advise to the public ? Stop trading , stop speculating .
*
You need to be the President of a central bank to get any insider info in Forex, somebody like Philipp Hildebrand, chairman of Swiss Central bank, who's controversial forex trading by his wife was considered an 'insider' info.

BTW, I would at least fix up your website www.milecapital.com before offering any financial services. You still have unfinished sample text on your site.

This post has been edited by sleepwalker: Aug 9 2012, 03:04 PM
chen9wei
post Aug 9 2012, 05:36 PM

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Added on August 9, 2012, 3:04 pm
You need to be the President of a central bank to get any insider info in Forex, somebody like Philipp Hildebrand, chairman of Swiss Central bank, who's controversial forex trading by his wife was considered an 'insider' info.

BTW, I would at least fix up your website www.milecapital.com before offering any financial services. You still have unfinished sample text on your site.
*

[/quote]

You guys are so naive that you know nothing about the industry. I am speaking on behalf of my experience as a FX dealing specialist and account manager. Have you ever wonder why those FX companies will give you money when you open account with them ? Have you ever wonder why those fx companies can afford to buy such expensive advertisement space on Bloomberg channel or on high traffic internet site ? This is because Fx business is design to cut your throat !!! I would be interested to know if any members here are consistently making money out of fx. Unlike stock market, this is a zero sum game, and you need to join the 1% to make money from it. TA skills won't bring you anywhere to the 1%.

As a fx dealer, we feed the data through CP, which can be Citi, Barclays, JPM, GS, etc. The main purpose of a fx dealer is to ensure that all our clients' trade are not profitable. Do you guys know what is the standard market lot ? It is 100,000. And normally for CP , they won't accept order less than 10 mil , meaning 100 standard lot. So , have you ever wonder where your order of $1,000 or sometimes $100 EURUSD goes ? It goes directly to our dealing desk, where we, the fx firm, at this instant, will act as your CP. Meaning your order never go out to the market, the fx firm is gambling with you !!!! We can do this, because we have all your statistics. We know if you're the 99% or the 1%. If you're the 1%, we will route your order to CP, having no risk in our portfolio. However, if you're the 99%, we are more than welcome for you to come and increase our year end bonuses.

user posted image

This is the photo taken on my last day as dealing specialist. The middle 3 black screens are Bloomberg terminal, where we feed data from, and perform TA analysis in case clients want to know them. The left side being trading terminal to CP, currently we are linked to Citi and Barclays, as they consistently provide the best price for us (Best price feed only available when the order reaches 10 mil). The middle bottom being statistical tool where we can monitor all clients activities, see if any scalping activities exist. As I am on the night shift, meaning I'll be working from 11 pm to 8 am, we can dress up casually and sometimes during 5 am , we can go to the nearest restaurant for Dim sum . Oh yeah, I work in Hong Kong, thats why we have all this yamcha places.

This post has been edited by chen9wei: Aug 9 2012, 05:53 PM
royfsc
post Aug 9 2012, 06:16 PM

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From: 3rd Rock From The Sun
[quote=chen9wei,Aug 9 2012, 05:36 PM]

Added on August 9, 2012, 3:04 pm
You need to be the President of a central bank to get any insider info in Forex, somebody like Philipp Hildebrand, chairman of Swiss Central bank, who's controversial forex trading by his wife was considered an 'insider' info.

BTW, I would at least fix up your website www.milecapital.com before offering any financial services. You still have unfinished sample text on your site.
*

[/quote]

You guys are so naive that you know nothing about the industry. I am speaking on behalf of my experience as a FX dealing specialist and account manager. Have you ever wonder why those FX companies will give you money when you open account with them ? Have you ever wonder why those fx companies can afford to buy such expensive advertisement space on Bloomberg channel or on high traffic internet site ? This is because Fx business is design to cut your throat !!! I would be interested to know if any members here are consistently making money out of fx. Unlike stock market, this is a zero sum game, and you need to join the 1% to make money from it. TA skills won't bring you anywhere to the 1%.

As a fx dealer, we feed the data through CP, which can be Citi, Barclays, JPM, GS, etc. The main purpose of a fx dealer is to ensure that all our clients' trade are not profitable. Do you guys know what is the standard market lot ? It is 100,000. And normally for CP , they won't accept order less than 10 mil , meaning 100 standard lot. So , have you ever wonder where your order of $1,000 or sometimes $100 EURUSD goes ? It goes directly to our dealing desk, where we, the fx firm, at this instant, will act as your CP. Meaning your order never go out to the market, the fx firm is gambling with you !!!! We can do this, because we have all your statistics. We know if you're the 99% or the 1%. If you're the 1%, we will route your order to CP, having no risk in our portfolio. However, if you're the 99%, we are more than welcome for you to come and increase our year end bonuses.

user posted image

This is the photo taken on my last day as dealing specialist. The middle 3 black screens are Bloomberg terminal, where we feed data from, and perform TA analysis in case clients want to know them. The left side being trading terminal to CP, currently we are linked to Citi and Barclays, as they consistently provide the best price for us (Best price feed only available when the order reaches 10 mil). The middle bottom being statistical tool where we can monitor all clients activities, see if any scalping activities exist. As I am on the night shift, meaning I'll be working from 11 pm to 8 am, we can dress up casually and sometimes during 5 am , we can go to the nearest restaurant for Dim sum . Oh yeah, I work in Hong Kong, thats why we have all this yamcha places.
*

[/quote]

Just curious to know how to be one of you?It's my dream to work in an environment whereby everyday just trade and trade and trade. How you find your job, I would like to be in the same working environment as you sad.gif blush.gif blush.gif smile.gif
boyvai
post Aug 9 2012, 06:22 PM

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» Click to show Spoiler - click again to hide... «


u speaking the truth sir.
no problem for u reveal all of them?
i do agree most of your statement.
for me i dont have huge amount of capital to trade the real standard lot,so i trade on website said reputable broker.
few years a go i learn fundamental and TA from Bob Laccino,i believed u know him.but,yeah,for knowledge only.
so from your great portfolio, experienced what i and others small trades do?
i love to trade,not just about money,but this is a game.

This post has been edited by boyvai: Aug 9 2012, 06:26 PM
kasey1314
post Aug 9 2012, 07:17 PM

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From: Kajang Selangor


being trades using those skill that courses offer,

there is stop loss and take profit appears on graph.

for me , 7 trades of 10 trades make profits , which is more than 25% of capital invested returns , per months. which is already satisfy me.

but at least learn something. and will be proud when you able to use the skill to trade...

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