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 Forex Version XI, Foreign Exchange Market Discussion

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boyvai
post Apr 30 2013, 03:34 PM

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QUOTE(ghoss @ Apr 30 2013, 10:23 AM)
Any different than normal trading platform ?

I heard one of them before which gives you bonus/commission for what your download traded . It's exactly like MLM style but just a forex platform.
*
bonus,some broker offer this,some broker not.
commission if u introduce new members.u become Introducer Broker.thats not mlm syle.sorry if i wrong.i dont know what is got bonus,com download traded.signal service?
Eterman
post May 1 2013, 04:45 AM

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hello, i just started learning about forex, did some reading and playing a demo account currently.

i would like to know about the funding and withdrawals of a forex account. I read about wire transfers, credit cards, online electronic payment systems, but these infos are general, i would like to know how fellow malaysian traders fund/withdraw their forex accounts.
ghoss
post May 1 2013, 10:39 AM

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QUOTE(boyvai @ Apr 30 2013, 03:34 PM)
bonus,some broker offer this,some broker not.
commission if u introduce new members.u become Introducer Broker.thats not mlm syle.sorry if i wrong.i dont know what is got bonus,com download traded.signal service?
*
Thanks , it's downline sweat.gif

If you introduce a lot of people , you wouldn't need to trade yourself to make money
chloe_lim
post May 1 2013, 01:42 PM

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Newbie here.

This post has been edited by chloe_lim: May 1 2013, 01:44 PM
chloe_lim
post May 1 2013, 01:44 PM

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I planned to join Wellington as my friend recommended it to me, is it reliable?
www.wfxltd.com
Anyone tried before? Feedback?
Anyway, I am given 15% commision if I can recruit people under my account,
But 10% is tradeble only which is can't withdraw while only 5% is withdrawable..
kent1818
post May 1 2013, 02:56 PM

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Hi all sifu here I am new in forex.
Can I know I open a demo acc in which forex website is better ?
Thanks smile.gif
jackpro41
post May 2 2013, 10:01 AM

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any1 using meta trader?

and looking for sifu to teach in explaning those numbers n currency.

btw, any common use local forex platform?
looking for recommendation. thanks a lot =)
SUSonemorepenny
post May 2 2013, 11:24 AM

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entering into audusd buy trade, good potential
qwertyuioped
post May 2 2013, 11:57 AM

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QUOTE(chloe_lim @ May 1 2013, 02:44 PM)
I planned to join Wellington as my friend recommended it to me, is it reliable?
www.wfxltd.com
Anyone tried before? Feedback?
Anyway, I am given 15% commision if I can recruit people under my account,
But 10% is tradeble only which is can't withdraw while only 5% is withdrawable..
*
Stay away.
QUOTE(jackpro41 @ May 2 2013, 11:01 AM)
any1 using meta trader?

and looking for sifu to teach in explaning those numbers n currency.

btw, any common use local forex platform?
looking for recommendation. thanks a lot =)
*
Lol everyone use metatrader /mt4
SUSonemorepenny
post May 2 2013, 12:17 PM

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QUOTE(qwertyuioped @ May 2 2013, 11:57 AM)
Stay away.

Lol everyone use metatrader /mt4
*
mt4 in mobile is quite cmplex and cmplicated
jackpro41
post May 2 2013, 12:26 PM

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QUOTE(qwertyuioped @ May 2 2013, 11:57 AM)
Lol everyone use metatrader /mt4
*
serious? but it have not listed in the front thread there.
probably not a recommended sw?

QUOTE(onemorepenny @ May 2 2013, 12:17 PM)
mt4 in mobile is quite cmplex and cmplicated
*
agree, i installed it but have no idea in operating it.
might i know which u using?

any sifu around able to provide some good recommendation with mobile apps?
SUSonemorepenny
post May 2 2013, 12:35 PM

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QUOTE(jackpro41 @ May 2 2013, 12:26 PM)
serious? but it have not listed in the front thread there.
probably not a recommended sw?
agree, i installed it but have no idea in operating it.
might i know which u using?

any sifu around able to provide some good recommendation with mobile apps?
*
i start off with easy-forex.com , the app is simple, as low as $25 per trade.so far so good for me
jackpro41
post May 2 2013, 01:10 PM

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QUOTE(onemorepenny @ May 2 2013, 12:35 PM)
i start off with easy-forex.com , the app is simple, as low as $25 per trade.so far so good for me
*
ok great, let me try out that. so u using it for real or virtual?
mind share? is a newbie here with highly interest on forex
chloe_lim
post May 2 2013, 04:09 PM

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QUOTE(onemorepenny @ May 2 2013, 12:35 PM)
i start off with easy-forex.com , the app is simple, as low as $25 per trade.so far so good for me
*
Wow, $25 per trade,
I'm playing $0.1 per pip only..
Kiasu-ism tongue.gif
boyvai
post May 2 2013, 04:20 PM

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QUOTE(jackpro41 @ May 2 2013, 01:10 PM)
ok great, let me try out that. so u using it for real or virtual?
mind share? is a newbie here with highly interest on forex
*
trading on demo 1st.highly recommended trading mt4 on PC.explore the mt4 on PC.
learn the basics at babypip.com
broker.u can e mail,ask live chat how to deposit,withdraw.google broker website,know how much spread,leverage.
how to know broker reliability?google or go to forexpeacearmy.com.
stay away from local broker.

*Poks,where are u?busy?
need your opinion on audusd.im looking to enter short at wave 2 or resistance.swing trade.hopefully can reach down till 1.004/1.006 max.without u poks im lost here lol.

This post has been edited by boyvai: May 2 2013, 04:39 PM
jackpro41
post May 2 2013, 04:51 PM

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QUOTE(boyvai @ May 2 2013, 04:20 PM)
trading on demo 1st.highly recommended trading mt4 on PC.explore  the mt4 on PC.
learn the basics at babypip.com
broker.u can e mail,ask live chat how to deposit,withdraw.google broker website,know how much spread,leverage.
how to know broker reliability?google or go to forexpeacearmy.com.
stay away from local broker.

*Poks,where are u?busy?
need your opinion on audusd.im looking to enter short at wave 2 or resistance.swing trade.hopefully can reach down till 1.004/1.006 max.without u poks im lost here lol.
*
thanks for the recommendation and advice + information provided.
i thought nobody will reply to such a newbie like me as all other are quite good in forex nowadays.

okok. i have to snap it down those info.
btw, i hav no idea how much does it cost me every trade n place of every lot. =.=''
thats the main problem caused me that i have no idea how much im paying for it.
inclusive those process fee.
chloe_lim
post May 2 2013, 04:58 PM

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QUOTE(jackpro41 @ May 2 2013, 04:51 PM)
thanks for the recommendation and advice + information provided.
i thought nobody will reply to such a newbie like me as all other are quite good in forex nowadays.

okok. i have to snap it down those info.
btw, i hav no idea how much does it cost me every trade n place of every lot. =.=''
thats the main problem caused me that i have no idea how much im paying for it.
inclusive those process fee.
*
Thats the most critical part - money management.
You must figure out how much are u playing for each pip,
else u gonna burn out very easily.
i started with usd1000,
so i play on low leverage which is only usd0.1 per pip,
profit/loss around few dollar,
but at least i wont easily lose the whole account.
sedikit sedikit, lama lama jadi bukit laugh.gif

each broker has their own sets of style,
some calculate on pip while some calculate on pipette, take notes.
play with demo until u are familiar with what u are dealing with smile.gif

jackpro41
post May 2 2013, 05:08 PM

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QUOTE(chloe_lim @ May 2 2013, 04:58 PM)
Thats the most critical part - money management.
You must figure out how much are u playing for each pip,
else u gonna burn out very easily.
i started with usd1000,
so i play on low leverage which is only usd0.1 per pip,
profit/loss around few dollar,
but at least i wont easily lose the whole account.
sedikit sedikit, lama lama jadi bukit laugh.gif

each broker has their own sets of style,
some calculate on pip while some calculate on pipette, take notes.
play with demo until u are familiar with what u are dealing with smile.gif
*
yes, understand boss.
mind i know which 1 u using? meta4 as well?
n the pip means is gap of 3 right?

really glad to have some1 respond to my doubt =)
boyvai
post May 2 2013, 05:13 PM

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for those who dont know where to start,how,etc2.this might help.
Babypips.com
Forex start
good luck smile.gif
chloe_lim
post May 2 2013, 05:15 PM

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QUOTE(jackpro41 @ May 2 2013, 05:08 PM)
yes, understand boss.
mind i know which 1 u using? meta4 as well?
n the pip means is gap of 3 right?

really glad to have some1 respond to my doubt =)
*
i'm also consider newbie la..
just hope im wont give u the wrong info.

i use wellington, but wellington also under mt4,
wellington is broker, while mt4 is a platform.
most of the broker are under the same platform which is mt4

example of pip and pipette:
If EUR/USD moves from 1.3160 to 1.3161,
that .0001 USD rise in value is ONE PIP

but for some broker,
If EUR/USD moves from 1.31601 to 1.31602,
that .00001 USD rise in value is ONE PIPETTE

spot differences?

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