QUOTE(Ryan_mcguyver @ Mar 19 2012, 08:12 PM)
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?Forex Version 10, Foreign Exchange Market Discussion
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Mar 19 2012, 08:43 PM
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QUOTE(Ryan_mcguyver @ Mar 19 2012, 08:12 PM) 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? |
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Mar 19 2012, 09:26 PM
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QUOTE(Ryan_mcguyver @ Mar 19 2012, 09:15 PM) sorry,mistaken. its 0.5pip. u can install Android/iPhone apps by searching for millennium mt4. blue logo with 3 white stripes. Thanx for d link! or surf this site www.mpf.co.id/?page=home it has d best mt4 platform award. happy trading ^^ I see its based in Indonesia. The spread 0.5pip fixed? If its fixed thats great! |
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Mar 19 2012, 10:44 PM
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QUOTE(Ryan_mcguyver @ Mar 19 2012, 10:27 PM) bro,if u say so. it actually makes sense la. jz intro platform n not doing any forex trade. Yea true. Im all about spreads actually since i usually trade on breakouts/major announcements. Not much of a weekly or long term trader. 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. 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 QUOTE(forexjungle @ Mar 19 2012, 10:10 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. Yea, heard from someone trading with them saying quite friendly and fast service, etc. But in the end isnt it about the spread?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? This post has been edited by aimank_88: Mar 19 2012, 10:49 PM |
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Mar 19 2012, 11:46 PM
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QUOTE(Ryan_mcguyver @ Mar 19 2012, 08:12 PM) 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. Err I checked the link (http://www.mpf.co.id/) the spread is 3 lots and with a 100k acc size. wow, 3pips? which means 3.0 lot? that's too much. I'm currently trade 1pip also felt quite heavy d. |
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Mar 20 2012, 01:09 AM
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QUOTE(mdportrait @ Mar 20 2012, 12:50 AM) 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... Never heard of them --currently i am using their MT4 trader on Demo Ac for practise. |
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Mar 21 2012, 04:00 PM
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QUOTE(alwjmonster @ Mar 21 2012, 03:14 PM) hey... forex traders at malaysia.. do you get charge for taxes (while withdrawal or deposit) if you opened an account with broker from oversea? Yes you do get charged from the telegraphic transfers (TT). How much, not sure but depend on banks as they have their service fees as well. |
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Mar 21 2012, 09:37 PM
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QUOTE(dillmac @ Mar 21 2012, 09:29 PM) Officially his speech at 10pm our time right? |
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Mar 21 2012, 09:45 PM
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Mar 21 2012, 09:53 PM
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Mar 21 2012, 10:52 PM
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Mar 22 2012, 09:12 AM
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QUOTE(poks @ Mar 22 2012, 08:30 AM) Please stop the advertising thing. Yea, u entered?Thanks... Mr rime... aussie$ & gold look more & more buy to me... |
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Mar 22 2012, 09:59 AM
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Mar 22 2012, 12:50 PM
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Mar 22 2012, 03:36 PM
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QUOTE(poks @ Mar 22 2012, 03:26 PM) well ... it depends on how you do your analysis.. Scalp short maybe, since dollar index is kinda going up for the meantime. But it could be a minor retracement. i mostly will see 1D chart, 1W, 1M chart... and entry at 5M/1H aussie$ cant see much yet but it giving me hint of reversal .. gold: the 1D candle (yesterday) in my view is telling me that the seller are getting weaker, reverse pin bar i think looking at fibo it's 50% retrace... & at 1H it's a 3 strike pattern ( i think again) ... look at 1M, it's almost 50% retrace... gosh.....! how do i trade this? -scalp short, hold long I dunno 1H looks like its gonna be a bit sideways for d meantime, maybe theres some movement at 8.30pm our time? Due to the initial jobless claims announcement. Ive entered at 1651, im gonna hold it till i make some, or if it hits my threshold of 2 dollars. |
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Mar 22 2012, 04:00 PM
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Mar 22 2012, 04:42 PM
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Maybe dollar index? Touching 80 edi......
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Mar 22 2012, 07:06 PM
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QUOTE(dillmac @ Mar 22 2012, 05:08 PM) Bernanke is giving speech again tonight/early morning at 12.45am Hehe. Same here.. Quite on a losing streak this week That's 3 days in a row. I know what I have to do, stay away from trade before, during & after his speech. His speeches ain't giving good trades for me, haha. All the best everyone |
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Mar 22 2012, 09:29 PM
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First profit of the week:
Shorted gold @ 1635. Closed @1629. |
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Mar 23 2012, 12:57 AM
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Dont u guys think most prob gold is gonna go down? I mean the US is having their election this year, and Bernanke dude have been doing quite a few announcements lately. Just thought of most prob dollar index is gonna go up for d time being, and thats not good for gold.
Whats ur opinion? |
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Mar 23 2012, 01:13 AM
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