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 Forex Version XI, Foreign Exchange Market Discussion

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kuance
post Dec 3 2012, 08:56 AM

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QUOTE(MNet @ Dec 2 2012, 05:08 PM)
this broker spread is too high

y not chose low spread broker?
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such as?? any good broker u can intro that is trustable and have long business history?
goleng2001
post Dec 3 2012, 11:00 AM

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QUOTE(cresender @ Dec 2 2012, 11:43 AM)
Hi, what are the min deposit require for fxopen and instaforex?
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hi...
minimum deposit for Instaforex is usd 1.
thank you.
Shah.Legno
post Dec 3 2012, 01:06 PM

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QUOTE(BeyondAlen93 @ Dec 2 2012, 10:46 PM)
I'm using Tradency (MirrorTrader) too, last week i deposit $3100 since wednesday because im found out this Auto Trading System is quite usefull, in 3 days i earn 480.70 USD
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That's great result u got there thumbup.gif ...u know rite this mirror trading is very helpful to get better result of profitable trading.. good luck in your progress buddy!
exfx
post Dec 3 2012, 05:34 PM

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retired from forex trading..huhu
BeyondAlen93
post Dec 3 2012, 06:42 PM

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QUOTE(Shah.Legno @ Dec 3 2012, 01:06 PM)
That's great result u got there thumbup.gif ...u know rite this mirror trading is very helpful to get better result of profitable trading.. good luck in your progress buddy!
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Same to you~ will target minimum pips from 290 to 350 pips for this week! =)
SUSMNet
post Dec 3 2012, 07:37 PM

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QUOTE(kuance @ Dec 3 2012, 08:56 AM)
such as?? any good broker u can intro that is trustable and have long business history?
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u can try hiroseuk or fxtrade

both offer low spread

Here is the live acc spread from hiroseuk

user posted image

This post has been edited by MNet: Dec 3 2012, 07:41 PM
night1218
post Dec 3 2012, 10:38 PM

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Anyone heard of Pepperstone ? from Aussie~
eToro Team
post Dec 4 2012, 12:47 AM

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QUOTE(flipflap @ Nov 30 2012, 09:07 AM)
I think etoro has pretty high spreads
Hi flipflap!

eToro's spreads vary by instruments, and can go as low as 2/3 pips (for EUR/USD or USD/JPY for instance). These are pretty standard spreads for a non-dealing-desk broker. Being a non-dealing desk broker means that eToro makes all its money from spreads because all the trades are executed on the exchange automatically. Thus, you might pay a little more in spreads, but you also have the security of knowing that your broker is not trading against you. On the contrary, the more profits you make, the more trades you open, and the more spread money we make smile.gif

For everyone here who's never tried eToro, I recommend heading over to openbook.etoro.com to check out our social trading network. There's no need to register and you can find out how eToro social trading works and also what our traders say about us on their discussion boards!

Happy trading!
Andy, eToro Team


Added on December 4, 2012, 1:22 am
QUOTE(FLampard @ Nov 26 2012, 09:41 PM)
hey since ur etoro officials may i ask...i deposit in 50 pounds but those money was shown as USD in my etoro account....does etoro does an automatic conversion?
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Yes, eToro automatically converts your funds into USD because this is by far the most popular base currency for forex trading. Of course the conversion is performed according to the current exchange rates.

Happy trading!
Andy, eToro Team


Added on December 4, 2012, 1:24 am
QUOTE(kingkong999 @ Nov 26 2012, 07:31 PM)
eToro got malaysia branch? or what?
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We don't have a Malaysia branch yet, but we do have a forum monitoring branch smile.gif

Cheers,
Andy, eToro Team

This post has been edited by eToro Team: Dec 4 2012, 01:24 AM
Benck
post Dec 4 2012, 02:17 AM

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Any reliable news?
I'm in,but lose some bucks when the Crude oil(light) shot up to $90 when the US market open. grrr

This post has been edited by Benck: Dec 4 2012, 02:19 AM
UbuntuClient
post Dec 4 2012, 09:22 AM

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QUOTE(kuance @ Dec 3 2012, 08:56 AM)
such as?? any good broker u can intro that is trustable and have long business history?
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I been use FXCM UK for Two years. Very low spreads. WD using debit card.
flipflap
post Dec 4 2012, 10:15 AM

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QUOTE(eToro Team @ Dec 4 2012, 01:47 AM)
Hi flipflap!

eToro's spreads vary by instruments, and can go as low as 2/3 pips (for EUR/USD or USD/JPY for instance). These are pretty standard spreads for a non-dealing-desk broker. Being a non-dealing desk broker means that eToro makes all its money from spreads because all the trades are executed on the exchange automatically. Thus, you might pay a little more in spreads, but you also have the security of knowing that your broker is not trading against you. On the contrary, the more profits you make, the more trades you open, and the more spread money we make smile.gif

For everyone here who's never tried eToro, I recommend heading over to openbook.etoro.com to check out our social trading network. There's no need to register and you can find out how eToro social trading works and also what our traders say about us on their discussion boards!

Happy trading!
Andy, eToro Team
Hi Andy,

I agree, 2-3 pips is decent. However, I trade with AxiTrader and they operate like you guys. Their spreads are 1-2 pips for (EURUSD or USDJPY), they are non-dealing desk as well. And this is a no-commission account.

Anyway, have a nice day!

This post has been edited by flipflap: Dec 4 2012, 10:21 AM
chetz
post Dec 4 2012, 07:54 PM

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it's time for another long ride guys! any metal trader here?


Added on December 4, 2012, 8:14 pm
QUOTE(Benck @ Dec 4 2012, 02:17 AM)
Any reliable news?
I'm in,but lose some bucks when the Crude oil(light) shot up to $90 when the US market open. grrr
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Don't only rely on fundamental as it is always bias and delayed! what they published most probably has reflect the market 3-6 month in advance! US is a petro-dollar currency. With all the crisis and campaign for the election, usually by any means they will try to strengthen their currency.. Just my two cent! notworthy.gif


This post has been edited by chetz: Dec 4 2012, 08:14 PM
gaTO
post Dec 5 2012, 05:02 PM

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Guys, just wanna know any of you declare your income from forex to LHDN?

If I trade forex full time, do I have to declare my forex income?

Thanks..
chetz
post Dec 5 2012, 10:05 PM

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QUOTE(gaTO @ Dec 5 2012, 05:02 PM)
Guys, just wanna know any of you declare your income from forex to LHDN?

If I trade forex full time, do I have to declare my forex income?

Thanks..
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erm.. hmm.gif no comment.. why declare it while you can get away from it.. ++++ better buy yourself a posh handbag or ring.. what's the point icon_rolleyes.gif
gaTO
post Dec 6 2012, 10:40 AM

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QUOTE(chetz @ Dec 5 2012, 10:05 PM)
erm..  hmm.gif  no comment.. why declare it while you can get away from it.. ++++ better buy yourself a posh handbag or ring.. what's the point  icon_rolleyes.gif
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If I trade forex full-time and if I wanna buy a house/car/etc and I want to take loans, I kinda need like a source of income. I just wanna know any of you guys actually declare your forex profit as income.

Cheers..

This post has been edited by gaTO: Dec 6 2012, 10:40 AM
hewtwok
post Dec 6 2012, 01:56 PM

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QUOTE(BeyondAlen93 @ Dec 3 2012, 06:42 PM)
Same to you~ will target minimum pips from 290 to 350 pips for this week! =)
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does the demo tradency trade auto? i tried it but there was no transaction at all. did i setup correctly?
Shah.Legno
post Dec 6 2012, 03:23 PM

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QUOTE(hewtwok @ Dec 6 2012, 01:56 PM)
does the demo tradency trade auto? i tried it but there was no transaction at all. did i setup correctly?
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At Tradency platform you can trade manually, semi auto or fully automatic...

if you want to trade Fully Automatic...you can choose which Top trader you want & put it in your Portfolio tab..

The point is you just wait until the trader himself open the position at the right time after you put it them in your Portfolio tab..

then if the trader open a position it automatically will send a signal & automatically will open a position in your trading platform...if the trader close the position or TP

it will do exactly the same thing automatically....hope that will explain it..

anything you can click refer to below link that got the video tutorial how to do it...

Tradency Platform video tutorial

This post has been edited by Shah.Legno: Dec 6 2012, 03:47 PM
hewtwok
post Dec 6 2012, 03:55 PM

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QUOTE(Shah.Legno @ Dec 6 2012, 03:23 PM)
At Tradency platform you can trade manually, semi auto or fully automatic...

if you want to trade Fully Automatic...you can choose which Top trader you want & put it in your Portfolio tab..

The point is you just wait until the trader himself open the position at the right time after you put it them in your Portfolio tab..

then if the trader open a position it automatically will send a signal & automatically will open a position in your trading platform...if the trader close the position or TP

it will do exactly the same thing automatically....hope that will explain it..

anything you can click refer to below link that got the video tutorial how to do it...

Tradency Platform video tutorial
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oh i see...i added two fella to follow, no trade so far...so those fellas had no trade themselves tongue.gif ok got it. thanks
Darkmage12
post Dec 6 2012, 04:13 PM

shhhhhhhhh come i tell you something hehe
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Anyone here went to the Bloomberg FX Summit 2 days ago?
Shah.Legno
post Dec 6 2012, 05:44 PM

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QUOTE(hewtwok @ Dec 6 2012, 03:55 PM)
oh i see...i added two fella to follow, no trade so far...so those fellas had no trade themselves tongue.gif ok got it. thanks
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Ok sure, your welcome & goodluck in your trading.. thumbup.gif

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