le this month everyone talk about gold only

Second after Stockerzzz! haha. I was a little bit late to be after Kevler. haha.

Alright! EuD went lower. My next level to watch is a break lower of 1.2955 which is the 61.8% Fibonacci retracement level of 16 January low and 29 February high.

Looking at nearest support at 1.3006 and 1.2974 as a precaution, just in case it turn upwards.
I'm a little bit confused with the timing now. Did you guys had any time zone changes recently on your trading platform?

le this month everyone talk about gold only

yeh .... v10!
ahhh gold 
on a good trending market movement i still prefer gold....
mr rime ... looking at 1663 for turning point ...

kevler... bear for au/usd... ???

kevler... bear for au/usd... ???

its bull now

hey guys, i am intrest in forex things, and a friend intro me PLUS500 site. I found tat it is somehow not so secure , as withdraw is a very big issue /problem now. May i know which website u guys using? is it safe? thanks..

le this month everyone talk about gold only

haha, I've noticed that. And why is that? Is it because of its current volatility that people are now trading it? I'm still cautious on trading gold. There were times where I trade small lots of gold, but then it was so volatile, it affected my margin. Also due to my bad money management that time. haha. Right now i'm practising my currency trade. Slow and steady 

yeh .... v10!
ahhh gold 
on a good trending market movement i still prefer gold....
mr rime ... looking at 1663 for turning point ...

sigh. gold still dropping like $hit

u mean 1663 turning point to go further up or downwards?.....

i'm actually looking at 6.3.12 low to sell @1663
but can't hold my feeling & shorted just now...
it'll be a good idea to trade the retrace...

** tips: monitor silver's price ... silver tend to move 2 steps in front of gold ...
**change the  chart with channel... if the selling continue... we will have engulfing @1H chart.. that will be good to look for retrace 

gosh, gold is so volatile, keep bouncing up and down =.=

SINGAPORE, March 15 (Reuters) - Gold regained some
strength on Thursday after a drop in the previous session
attracted bargain hunters, but a strong dollar and fading
expectations of more monetary easing in the United States made
the metal vulnerable to more selling. 
    Some jewellers in Hong Kong returned to the physical
market, but bullion holders in other parts of Asia shifted their
money into equities after strong U.S. economic data and
accommodative monetary policies by global central banks sent
investors back into risk assets. 
    Spot gold hit an intraday high at $1,648.41
an ounce
and stood at $1,643.59 by 0703 GMT, up $1.49. Gold extended
losses and fell more than 2 percent on Wednesday after the
Federal Reserve offered no clues on further easing.
    "Sentiment is of course very bad. After slipping below
$1,650, prices may go down further to $1,600," said Ronald
Leung, director of Lee Cheong Gold Dealers in Hong Kong, adding
that a rebound will be capped at between $1,675 and $1,680.
    "Safe-haven (appeal) is forgotten for the time being. The
demand is sluggish because of the strong dollar. Speculators
dumped their gold," he said.
    Gold has fallen around 8 percent since late February as
funds appeared to have closed out of their bullish bets on
worries the Fed has no intention to buy any more major assets to
keep interest rates and borrowing costs low.
    Bullion rose to a record of around $1,920 last September on
fears the euro debt crisis could stall global growth.
    U.S. April gold rose $1.30 an ounce to $1,644.20 an
ounce.   
   
    The dollar rallied to an 11-month high against the yen and a
one-month peak against the euro on Thursday on growing optimism
about a U.S. economic recovery and subsequent rises in U.S. bond
yields. 
    In theory, a firmer dollar hurts dollar-based commodities
such as gold, as well as industrial metals such as copper, which
is weighed by concerns about slowing demand from China, the
world's largest consumer. 
    China's Premier Wen Jiabao said on Wednesday that China must
embrace slower growth and bolder political reform to keep its
economy from faltering and to spread wealth more
evenly. 
    But a Reuters polls found developed economies will pick up
steam this year thanks to an array of ultra-loose monetary
policies from major central banks and amid new signs of progress
in the euro zone's debt crisis. 
    In the physical market, a lack of buying from jewellers
despite a recent drop in prices rattled the nerves of some
Singapore dealers. 
    "I guess the dynamics have changed. Customers will only take
gold if there's a need to. Otherwise, there's no commitment,"
said a dealer in Singapore. 
    In the equity market, the Nikkei rose for a third straight
session on Thursday, boosted by major exporters that surged on
the back of a weaker yen as market players grew more optimistic
about the U.S. economic recovery. 
     

ahhh .... 2am 
seems like US is doing good... even the S&P index in raging mode...
gold have reached 1663 & currently retreating at snail pace..
now going to continue sleep again 
get some more nightmares ... lol

FXCM or FXPRO

so, poks, ur analysis will be down for gold?....

see, good for me to long now...still holding my trade....another i closed it with small SL jus now....n now buy again at 1642.....
now close all my trade......good day!!.....

wow....
now everyone become a gold trader already 
too bad missed that one... it's friday singing time... lol
anyway... gold does look bullish but not bullish enough...
i might go buying if closed above 1663 on 1D tf...
if it closed beyond 14.03.12 high... then i'll say it's time to buy....
happy weekend guys.....

hey guys, i am intrest in forex things, and a friend intro me PLUS500 site. I found tat it is somehow not so secure , as withdraw is a very big issue /problem now. May i know which website u guys using? is it safe? thanks..

Off Topic

I come across this thread.
http://cforum2.cari.com.my/viewthread.php?...&extra=page%3D1

A lots of my friend wanted to join GVF broker, should I give them advice ?

I've mentioned earlier. try search this site, it got all forms of mt4 that you need, I personally feels d user interface n everything else are ok.

www.mpf.co.id/?page=home

when d time u want to open life account,let me know cuz it requires introducer account to proceed!

happy trading

---

Added on March 19, 2012, 8:07 amwoohoo.....its up trend now. buy and wait it to up up up.....

hi everyone,

been reading this thread for a while. just wanna share some of my thoughts on the forex platform.

i've been using this company called ACMWest Management from New Zealand, which was introduced by one of my forex-nerd friend and im mainly trading gold. of course you can use their platform to trade currencies too.  the best thing about this company is they have local office and support in central KL. i still consider myself as a newbie as i've just started last year, and they have been supporting me and teaching me some basic skills in gold and forex trading.  For me my most concerned when i first looking for a good platform last year was about the funding and the trustworthy of the companies out there. Theres nothing worse than a company take your funds and disappear the very next day! But so far everything seems like breeze in this company, especially withdrawing my funds. If you submit your withdraw request before 12noon on a working day, you will get your fund the very next working day. Hence so far so good for me with this company.

Do i sounds like im working for this company? haha i hope not. there is one downside for this company though, it is the 3pip spread. It seems a lot comparing to some companies that charges less than 1pip. but at least i know it is a fixed spread, and the trust and support im getting from this company is brilliant.

well you guys can go have a look at their webpage and you can try have a go on their demo account:
acmwm.com/

if you want to know more info, i suggest you to call their local sales/support - 016 327 9288 , or you even arrange to visit their office in bukit bintang.

Do pm me if you have further questions 

Life account?   

wadafuqqqq, im using instaforex and the trade automaticALLY close by itselffff although the SL is still far from reaching, fk lar, anyone experience b4?

wow, 3pips? which means 3.0 lot? that's too much. I'm currently trade 1pip also felt quite heavy d.

Hey is ur 1pip fixed? Which broker?

sorry,mistaken. its 0.5pip. u can install Android/iPhone apps by searching for millennium mt4. blue logo with 3 white stripes.

or surf this site
www.mpf.co.id/?page=home

it has d best mt4 platform award. happy trading
^^

Thanx for d link!

I see its based in Indonesia. The spread 0.5pip fixed? If its fixed thats great! 

anyone heard there is an education event at Jalan Ipoh ? Who is Daniel Ang btw ?

I think 1 of my friend interviewed there previously,surprisingly they are able to set up an office here? as I was informed that forex was was prohibited to set up in Malaysia. I'm not firing or anything. jz wanna clarify things. I'm still a learner n absorb as much as possible.

wow, 3pips? which means 3.0 lot? that's too much. I'm currently trade 1pip also felt quite heavy d.

---

Added on March 19, 2012, 8:20 pm

life account is when u open account in d comp Foc,when u wanna transfer money in,then only u able to trade ur money.

however,u dun need to register if u use demo account. if u intro fren to trade under ur account,u also able to earn comm. but I'm not sure what's d mechanism of other forex comp n platforms.

---

Added on March 19, 2012, 8:24 pm

has u check ur equity? isit empty d?
only 2 reasons, 1st is no more equity, 2nd is maybe d platform face some bugs or network prob.

I had experienced unable to close account, it popped up 'trade modification declined' , but after I contacted d administrator, they straight away help me to close.

mmm not sure how they managed to set up an office there, but i've heard that as long as the company dont trade for their client and just introducing the platform to users, it should be ok. but then again, i am not completely sure.

regarding the spread, i do think its reasonable since they provide good service. it doesnt sound a lot lets say you are gaining 50 pip, and they charge you 3 pip. but if you lost 50 pip, they will still charge you the same. life isn't fair eh? 

bro,if u say so. it actually makes sense la. jz intro platform n not doing any forex trade.

how often we can see a rise or drop of 50 pip? I believe as wise investor, normally after rise or drop of 5 to 10 pips, we'll close account to secure the profit and start new trade again as you earn more due to fluctuation and ping pong movement. so 1pip is much more practical for me.

but hey,different people have different expected goals and profit they want to earn. I believe bottom line its quite subjective.

mmm not sure how they managed to set up an office there, but i've heard that as long as the company dont trade for their client and just introducing the platform to users, it should be ok. but then again, i am not completely sure.

regarding the spread, i do think its reasonable since they provide good service. it doesnt sound a lot lets say you are gaining 50 pip, and they charge you 3 pip. but if you lost 50 pip, they will still charge you the same. life isn't fair eh? 

Yea true. Im all about spreads actually since i usually trade on breakouts/major announcements. Not much of a weekly or long term trader.

Thats why I was keen on asking wether the spread was fixed or not. The last broker I had the spread was 0.8 pips, but not fixed. What made me traumatised was I wanted to enter during this major announcement and market was really moving as i expected, and just as i wanted to enter suddenly the spread was 8 pips. 

Currently my spread is 3 pips spread, dont care much as long as its fixed. 

---

Added on March 19, 2012, 10:49 pm

Yea, heard from someone trading with them saying quite friendly and fast service, etc. But in the end isnt it about the spread?

i'm still riding bull on EU GU AU NZUSD , and will be planning for next trade setup on GJ EJ too ..trailing stop 55 pips is a must of trend against me

i'm waiting for bear on EG UCAD and UCHF once confirmed on next candle of H4 and D1

@Jebonen , bro ...next week bro ... gua tengah kumpul pips untuk next adventure :-)

I think 1 of my friend interviewed there previously,surprisingly they are able to set up an office here? as I was informed that forex was was prohibited to set up in Malaysia. I'm not firing or anything. jz wanna clarify things. I'm still a learner n absorb as much as possible.

wow, 3pips? which means 3.0 lot? that's too much. I'm currently trade 1pip also felt quite heavy d.

Hello guys. i come accros this broker. http://accentforex.com/en/ (Accent Forex), the reviews on them is interesting. any comment??. i am thinking to open a live account with them, but wish to hear some comments before opening. thanks...

--currently i am using their MT4 trader on Demo Ac for practise.

as previous quote from my post earlier ...EU GU AU NZUSD ,are on bullish mode .Kudos!

just opened GJ trade , but with careful MM ,as now there is uncertainty in current chart H4 ..will open EJ later once market are on my side :-)

Yes.  UCAD and UCHF are already on bearish mode ... need to be careful for any reversal happen later

EG still on bearish on D1 ...and i believe there will be corrective wave and ranging mode on H4 ..but still , bear still persist

anyway , trailing stop 55 pips has been activated for most of my trade ..need to analyze next movement tomorrow.

Easy job man 
It hit my long...
Gonna see how far this goes...
May be next time will not give tips to you mr rime. Lol

Heys guys,

have you guys hear of GVF?
They work like MLM.
While trading. you can also earn from your downline (comm)
But one thing is they will hold 30% of your capital.
Brokerage range from 2-4. is it high?
need advise. =S

Heys guys,

have you guys hear of GVF?
They work like MLM.
While trading. you can also earn from your downline (comm)
But one thing is they will hold 30% of your capital.
Brokerage range from 2-4. is it high?
need advise. =S

GVF is Legit or MLM Scam ? Lots of my friend joined Xnalytics education. I afraid they get scammed.

Some of them be like being brainwashed, keep asking people to join and claim will get high profit.

I looked on their facebook wall(mostly age around 20), they like gaining profit 200USD/day, wearing branded stuff, posting their RM50 notes, some even driving sport car.

So trading Forex is a trend now for youngsters now ?

AUDUSD is killing x.x

Heys guys,

have you guys hear of GVF?
They work like MLM.
While trading. you can also earn from your downline (comm)
But one thing is they will hold 30% of your capital.
Brokerage range from 2-4. is it high?
need advise. =S

hey... forex traders at malaysia.. do you get charge for taxes (while withdrawal or deposit) if you opened an account with broker from oversea?

Bernanke's live speech at C-Span3

http://www.c-span.org/Live-Video/C-SPAN3/

Officially his speech at 10pm our time right?

Officially his speech at 10pm our time right?

nope. is 9.30pm. which is now.

nope. is 9.30pm. which is now.

Oo ok2 thx. Watching

Also US housing data coming in at 10pm Malaysia time.