Stop loss hit, yes. But it got me out for +30 pips.

big retrancement for dollar pair !

sure do look good to short..
but i'm waiting for retrace to 1640~1630 area on 1D ..
it's a buy for me...

*closed my short on audusd at 200pips .. not bad..
added another long on usdcad for scalping ..

gonna call it off for this week .. major news coming this friday
might be a good idea to tie your boat till the storm pass by ..

Why forex illegal in Malaysia?

On D1,

if tomorrow still not able to cross up S/R area 1675 area,can be "Sell" to 1630 S/R area(very strong S/R area),den retrace, Buy~~


Personal views, please correct me if im wrong .

Bank negara only gives forex trading approval to certain banks such as http://www.bankislam.com.my/en/pages/Forei...nge.aspx?tabs=3 .

But I not sure about its levarage and spread, anyone know ?

Is gambling illegal?

Answer :
gamble at Genting : legal
gamble at magnum : legal
gamble at toto : legal
gamble at PMP : legal
gamble thru bookie : illegal
gamble at home : illegal
gamble at pasar malam : illegal


so, whether an activity/business is legal/illegal, it depends on licensing approvals. If your forex broker is willing to shove some billions into those ppl's pocket, you think forex can be legal in msia? They will think of moons & stars reason to make it LEGAL.

Lynas can obtain a license.... some thoughts for you

after reading many reviews on money maker brokers they sound scary
as MM brokers seem making money via client loss.. so is like just matter of time when they decide to wipe you clean

but ECN brokers normally need more initial deposit and higher commission (compare to spread diff)

anyone here using ECN brokers here? which is recommended?

Well ...
for me.. you can't actually put all the blame on brokers..
if you are trading the right way (which is your system) ... those brokers will actually can't do much...
spikes? it occur mostly during critical news time (where i will definitely avoid to trade)..

but my only advice is to get a licensed broker (in UK or US at least.. try to avoid Cyprus or BVI)

how about Go Market from Australia? recommended?

May I ask if anyone is using any EA?

hi guys, do you guys normally learn forex yourself ?

or do you guys attend classes.. any good classes around klang valley to recommend?

@kevlar: u got PM.

i learn by myself... read book then try live trade

update on gbp/jpy
probably market will complete wave B.on EW pattern ABCDE aqua.
if we look gbp/jpy now perform cup and handle pattern?

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Added on August 30, 2012, 8:40 pmi enter short gbp/jpy at 124.617.


This post has been edited by boyvai: Aug 30 2012, 08:40 PM


Attached thumbnail(s)

wanna learn forex, any clue where to start?

babypips!

good call.. bears made a very nice move there..

I subscribe signal provider. So far their signal are correct. I use small lot only.

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Added on August 31, 2012, 10:37 amFXCM UK. FXCM US cannot hedging. Deposit and withdraw can be done using Debit/Credit card.

This post has been edited by UbuntuClient: Aug 31 2012, 10:37 AM

what signal provider?

Hi, Someone told me about RCFX. And was told they have this robot system (robot Leo trade system) that can trade automatically for us.

Anyone know more about this? Mind enlighten? Would appreciate loads. Thanks!