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 Forex Version 10, Foreign Exchange Market Discussion

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Ryan_mcguyver
post Mar 18 2012, 03:06 AM

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QUOTE(ElvisAmour @ Mar 16 2012, 12:24 AM)
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..
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Hi ElvisAmour, why don't you try install Millennium trader through Iphone or Android phone? Practice your analytic skill by playing demo account first. Of course it won't be as heart beating as playing using your own hard earned money.

This trade platform earned the best forex trading platform in Abu Dhabi , the 9th Middle East Forex Trading Expo & Conference 2011.
http://forexinsane.blogspot.com/2011/12/me...-dhabi-uae.html

Don't trade for real money 1st, gain confidence 1st and then only proceed for the real deal.


Added on March 18, 2012, 3:24 am
QUOTE(WiLeKiyO @ Mar 17 2012, 07:14 PM)
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 ?
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Dude, actually how the mechanism of GVF giving signals means?

As to the thread starter from the link you provided, there's alot of factors why he lost his money, whether the signal given was truthful or not.

1) Once signal is given, how fast he reacted? As even few minutes time makes big difference in Forex.

2) 10k USD holding power when the forex rate dropped might not be sufficient to rebound.

3) Instruction given might be to trade buy 1.0 lot, maybe he trade 2-3 trades simultaneously, resulting big loss when it goes the other way.

4) Did any S/L or T/P being updated accordingly?

Actually even after i stated the above 4 reasons, there might be alot of other factors unseen. This might be just my speculation.

This scenario for me is like giving you a GPS console (singal), u jz follow blindly to a destination even though it might show you wrong direction or took big turning, you might missed out some turnings after speed up or thick cloud interfering reception of GPS.
Compared to you reach your destination based on your own experience, judgement, analysis and wall banging(selftrade). (only my 2cents & I'm not supporter of GVF, in the matter of fact this is my 1st time heard of it tongue.gif)

This post has been edited by Ryan_mcguyver: Mar 18 2012, 03:33 AM
Ryan_mcguyver
post Mar 19 2012, 08:04 AM

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Joined: Apr 2005


[quote=ElvisAmour,Mar 18 2012, 08:33 PM]
[quote=Ryan_mcguyver,Mar 18 2012, 03:06 AM]
Hi ElvisAmour, why don't you try install Millennium trader through Iphone or Android phone? Practice your analytic skill by playing demo account first. Of course it won't be as heart beating as playing using your own hard earned money.

This trade platform earned the best forex trading platform in Abu Dhabi , the 9th Middle East Forex Trading Expo & Conference 2011.
http://forexinsane.blogspot.com/2011/12/me...-dhabi-uae.html

Don't trade for real money 1st, gain confidence 1st and then only proceed for the real deal.


Added on March 18, 2012, 3:24 am
thank u ryan. U are right, that why i am thinking to practice first. But i just wanna know which platform is safe and secure, so i can try its platform, rather than a wrong platform that make me need to learn to get familiar again in future.
Mind to inttro?
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[/quote]

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.....
tongue.gif

This post has been edited by Ryan_mcguyver: Mar 19 2012, 08:07 AM
Ryan_mcguyver
post Mar 19 2012, 08:12 PM

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QUOTE(forexjungle @ Mar 19 2012, 08:57 PM)
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  biggrin.gif
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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
QUOTE(jack2 @ Mar 19 2012, 09:47 AM)
Life account?  doh.gif  doh.gif
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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
QUOTE(zzGamerzz @ Mar 19 2012, 08:51 PM)
wadafuqqqq, im using instaforex and the trade automaticALLY close by itselffff although the SL is still far from reaching, fk lar, anyone experience b4?
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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.

This post has been edited by Ryan_mcguyver: Mar 19 2012, 08:24 PM
Ryan_mcguyver
post Mar 19 2012, 09:15 PM

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QUOTE(aimank_88 @ Mar 19 2012, 09:43 PM)
Hey is ur 1pip fixed? Which broker?
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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
^^
Ryan_mcguyver
post Mar 19 2012, 09:41 PM

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QUOTE(aimank_88 @ Mar 19 2012, 10:26 PM)
Thanx for d link!

I see its based in Indonesia. The spread 0.5pip fixed? If its fixed thats great!  smile.gif
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its d best future trade comp in Indonesia n top 5 in Asia. d spread is fixed. try its demo account la. once u gain confidence through it,I can guide u on how to open life account.

yeah,another 80 USD earned for d day, n keep ongoing. hehe


Added on March 19, 2012, 9:58 pm
QUOTE(WiLeKiyO @ Mar 19 2012, 02:14 PM)
anyone heard there is an education event at Jalan Ipoh ? Who is Daniel Ang btw ?
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I saw banners say give out forex training at ara damansara. Malay guy name Ahmad,admission fee only rm10 wor. dunno hoe authentic is their teachings. wanna try go n learn,anybody interested?

This post has been edited by Ryan_mcguyver: Mar 19 2012, 09:58 PM
Ryan_mcguyver
post Mar 19 2012, 10:27 PM

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QUOTE(forexjungle @ Mar 19 2012, 11:10 PM)
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?  vmad.gif
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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.
Ryan_mcguyver
post Mar 19 2012, 11:03 PM

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QUOTE(aimank_88 @ Mar 19 2012, 11:44 PM)
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.  doh.gif

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


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?
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totally agree with you, mentality of traders are to earn ROI. friendly service is secondary. of course,reliability is also a must.

that's y I chose millennium platform as they have achieved awards last year,you won't simply give awards if they are not the best,don't you?


Added on March 19, 2012, 11:06 pmwow,a sudden spike from 1657 to 1666. has anyone able to capture sudden profit from this spike?

unfortunately I sell,so need to wait for it drop.

This post has been edited by Ryan_mcguyver: Mar 19 2012, 11:06 PM

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