guys ive been looking for some brokers. to me money security is upmost important cause i might be depositing a lump sum. At first i thought of instaforex since its somewhat popular among malaysians until i found out it involves in number of scams. Ive been looking at oanda, an aussie broker with a branch office at singapore which i think facilitates money movement better, plus the customer service is pretty good. overall quite reputable and reliable. anyone uses oanda here? also a related question, how does the current market environment compared to that at ~2007? Im learning a trend following system dated back 2007, not sure if its still viable though

mind elaborate what the scam were?

at Instaforex..mostly complain i always hear from traders is graph manipulation...that's what i can describe..

yeah what scam ? using it for nearly 2 years no issue so far...

same im looking for a brooker too... like easy to withdraw money and reliable...

A lot reports of catching SL and missing TP. Google it

That's what i always heard from Intasforex...it's trading manipulation.

I've been using pepperstone for 2 years now
Fast execution, low spread, reliable (australian broker regulated by asic), fast deposit and withdrawal
They would be my first broker recommendation to anyone who ask me which broker to go with
More info at http://bit.ly/IJRMSp

Just my 2 cent, thanks

Hi fellow traders,i'm new here.just started learning about forex for few weeks.i have problems when it comes to set moving average, bollinger bands and other indicators that require me to put 'apply to' whether high,low,close,open,typical price and other few options.

if your user of instaforex then i have no intention of offending. in fact, i nearly decided to use instaforex, until i came out to a finding from reviews from real users, especially the biggest forex community "Forex peace army, babypips etc etc" with many many negative reviews like "declining withdrawals, system error that results in account balance loss, etc etc". me too, couldnt believe that. just google up instaforex scam. i believe that these broker only "manipulate" users that has large balance. small balance they are not interested. after all we are dealing with hard earn money, i do not mind higher service charges but as long its reliable lets say for next 5 years? 15 years?

instaforex always requotes. dont know why. not suitable for scalpers.

set it at your own preference.try this link.got every detail on each indi and 1000 strategy;good luck
Forex Strategy
Forex indicator

In a market with low liquidity, support and resistance is not that reliable and can be there for 1 hour and gone the next. That is the reason why people say it is difficult to trade during low liquidity.

When did Oanda become an Aussie broker? They are a US based broker and a member of the NFA which means they don't allow you to open hedging positions. Most reputable brokers in the US are members of NFA and since NFA only applies to accounts opened in US, some of them will move your account to overseas locations so that you do not need to follow NFA regulations. Not sure if Oanda Singapore acts that way or if they follow NFA regulations worldwide.

Every broker has their moments as their graphs are not 100%. Their feed is also not 100% correct and it differs from broker to broker, esp during news and how they handle off-peak spikes. Myfxbook as a comparison of the quoted price in real time for brokers for comparison and you'd be surprised how much they differ.

http://www.myfxbook.com/forex-broker-quotes

erm didnt really realise this , cause it either hit my SL or hit my TP

perhaps im small player so they dont care much hahaha

for other thing no issues except requotes

As i mention at my previous post before, since the candle not breakout at my timeframe EMA 50 Daily line..the bullish will comeback...this is a good chance to BUY..



This post has been edited by Shah.Legno: Jan 8 2013, 12:44 AM

i hereby suggest everyone to visit www.JanganPeningKepala.com

And please like the facebook page too. They are trying to get us more rebates from brokers.

www.facebook.com/janganpeningkepala

Please download the eBook from the website. Its a helpful guide for forex traders.

This post has been edited by kingkong999: Jan 8 2013, 11:47 AM

thx.that really helps a lot. .btw,may i know whether we're allowed to post about strategies and techniques here?

you are welcome to share your technique,strategies, no problem.