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 Forex Version XI, Foreign Exchange Market Discussion

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jackpro41
post May 3 2013, 03:21 AM

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QUOTE(qwertyuioped @ May 3 2013, 03:19 AM)
not pips. but SPREAD. spread is the comission ur broker take each time u trade. broker also want to cari makan mah.
pips=points.
*
yup, get it =D

pipette n pips is something like the range that i want to earn in order to have sufficient range for me to earn + cut off the spread. right ma? =)
qwertyuioped
post May 3 2013, 03:22 AM

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lol if it is so hard for you just read babypips.com . very noob friendly.

This post has been edited by qwertyuioped: May 3 2013, 03:23 AM
jackpro41
post May 3 2013, 03:23 AM

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QUOTE(qwertyuioped @ May 3 2013, 03:22 AM)
lol if it so hard for you just read babypips.com . very noob friendly.
*
honestly, i havent go through that XD
having exam currently. half study half online n camping on the forex thingy. LOL

i know i know XD
qwertyuioped
post May 3 2013, 03:25 AM

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QUOTE(jackpro41 @ May 3 2013, 04:23 AM)
honestly, i havent go through that XD
having exam currently. half study half online n camping on the forex thingy. LOL

i know i know XD
*
walao, got exam still got time to study forex. at 3 am summore! haha
jackpro41
post May 3 2013, 03:27 AM

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QUOTE(qwertyuioped @ May 3 2013, 03:25 AM)
walao, got exam still got time to study forex. at 3 am summore! haha
*
haha...GOD mode is on.
LOL...will come back overr here time to time for sifu n lesson =)

are you playing currently?
qwertyuioped
post May 3 2013, 03:29 AM

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QUOTE(jackpro41 @ May 3 2013, 04:27 AM)
haha...GOD mode is on.
LOL...will come back overr here time to time for sifu n lesson =)

are you playing currently?
*
nah, not trading currently. lost many times already. now still studying and testing my new strategies on demo. If can mantain, i deposit one more time. forex is hard. rclxub.gif
jackpro41
post May 3 2013, 03:31 AM

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QUOTE(qwertyuioped @ May 3 2013, 03:29 AM)
nah, not trading currently. lost many times already. now still studying and testing my new strategies on demo. If can mantain, i deposit one more time. forex is hard.  rclxub.gif
*
u r right.
strategy? must be great. XD
let me learn more first.
den we 2 can combo adi. LOL...

havent sleep there?
SUSonemorepenny
post May 3 2013, 06:37 PM

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Do you think it is a good idea if we have a place to share our "Signals" in a same channel?.

Looking at sell trade gbpusd, got potential
Eterman
post May 3 2013, 08:48 PM

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a repost of a question i posted earlier, in case it is missed. How does malaysian traders fund/withdraw their forex account? thanks.

i mean not the general method that is described on forex web sites, but a little more specific for a local. Hope you guys understand my question.
boyvai
post May 3 2013, 10:02 PM

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QUOTE(Eterman @ May 3 2013, 08:48 PM)
a repost of a question i posted earlier, in case it is missed. How does malaysian traders fund/withdraw their forex account?  thanks.

i mean not the general method that is described on forex web sites, but a little more specific for a local. Hope you guys understand my question.
*
i deposit use debit card.
withdraw straight to my cimb account.2 days processing already on my account.
Eterman
post May 3 2013, 10:59 PM

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QUOTE(boyvai @ May 3 2013, 10:02 PM)
i deposit use debit card.
withdraw straight to my cimb account.2 days processing already on my account.
*
i'm not familiar with banking stuffs since i just use it as a saving account. So what you mean is your cimb account funds and withdraw from the forex account? using debit/credit card will have extra charges as i read on some forex companies' web site, yes? does the funding account such as your cimb account need to be a foreign currency account?
boyvai
post May 3 2013, 11:15 PM

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QUOTE(Eterman @ May 3 2013, 10:59 PM)
i'm not familiar with banking stuffs since i just use it as a saving account. So what you mean is your cimb account funds and withdraw from the forex account? using debit/credit card will have extra charges as i read on some forex companies' web site, yes?  does the funding account such as your cimb account need to be a foreign currency account?
*
my cimb account is normal saving account.my broker just transfer the profit i gain,which as the amount i want to withdraw,just straight transfer to my cimb saving account.very simple.
rate is depend on currently currency converter.my broker withdraw/fund rate exchange on currently currency.some broker fix rate.

for fund.i chose to use debit card,if i use my credit card,i will fund my fx account non stop,later at the end of the month i cry lol.
its up to u,but for me i use cimb debit card.very easy too.for me i deal straight to my broker,no middle man aka introducer broker.

*no need cimb foreign currency account.Ringgit Malaysia will automaticly convert to usd or euro etc when u fund your fx account.
hopefully can clear your doubts biggrin.gif

This post has been edited by boyvai: May 3 2013, 11:22 PM
Eterman
post May 3 2013, 11:23 PM

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QUOTE(boyvai @ May 3 2013, 11:15 PM)
my cimb account is normal saving account.my broker just transfer the profit i gain,which as the amount i want to withdraw,just straight transfer to my cimb saving account.very simple.
rate is depend on currently currency converter.my broker withdraw/fund rate exchange on currently currency.some broker fix rate.

for fund.i chose to use debit card,if i  use my credit card,i will fund my fx account non stop,later at the end of the month i cry lol.
its up to u,but for me i use cimb debit card.very easy too.for me i deal straight to my broker,no middle man aka introducer broker.

hopefully can clear your doubts  biggrin.gif
*
ah, very informative, thanks for the lengthy explanation. notworthy.gif

One more question, it seems that websites don't mention that they autoconvert for you when funding/withdrawing, so it means i'll have to ask them about it? It seems ineteresting, only thing is some broker's card funding has extra charges such as usd 3 +3% each deposit, which is a pain.
boyvai
post May 3 2013, 11:32 PM

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QUOTE(Eterman @ May 3 2013, 11:23 PM)
ah, very informative, thanks for the lengthy explanation.  notworthy.gif

One more question, it seems that websites don't mention that they autoconvert for you when funding/withdrawing, so it means i'll have to ask them about it? It seems ineteresting, only thing is some broker's card funding has extra charges such as usd 3 +3% each deposit, which is a pain.
*
what broker u trading?fund already take profit 3% of your funding.omg.
most broker(regulated/reliable)will not take extra chrage from funding even 0.1%
~fund account-u will go to funding page.fill your info,etc2.mostly we malaysian use USD currency.so,when we fill the funding form,currency already on USD.just type amount.if use cc/debit transaction completed/succes.RM from our cc/debit deduct based on USD
currency.omg so hard to explain la boss.haha

maybe u mean 3% is currency converter?


Eterman
post May 3 2013, 11:43 PM

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QUOTE(boyvai @ May 3 2013, 11:32 PM)
what broker u trading?fund already take profit 3% of your funding.omg.
most broker(regulated/reliable)will not take extra chrage from funding even 0.1%
~fund account-u will go to funding page.fill your info,etc2.mostly we malaysian use USD currency.so,when we fill the funding form,currency already on USD.just type amount.if use cc/debit transaction completed/succes.RM from our cc/debit deduct based on USD
currency.omg so hard to explain la boss.haha

maybe u mean 3% is currency converter?
*
oh no, i'm not goin live yet, still on demo.

While searching for other brokers, i came across exness, based in new zealand but from their management team, more like ukraine or eastern european company. On their funding/withdrawal page, it stated usd1 + 3% hmm.gif
boyvai
post May 3 2013, 11:49 PM

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QUOTE(Eterman @ May 3 2013, 11:43 PM)
oh no, i'm not goin live yet, still on demo.

While searching for other brokers, i came  across exness, based in new zealand but from their management team, more like ukraine or eastern european company. On their funding/withdrawal page, it stated usd1 + 3%  hmm.gif
*
eh,yes indeed.on their website cc 3% + 1usd. doh.gif
1 usd deposit also can lol
its up to u.there are many other reliable/regulated brokers.go to forexpeacearmy.com for live report on brokers.
Eterman
post May 4 2013, 12:10 AM

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QUOTE(boyvai @ May 3 2013, 11:49 PM)
eh,yes indeed.on their website cc 3% + 1usd. doh.gif
1 usd deposit also can lol
its up to u.there are many other reliable/regulated brokers.go to forexpeacearmy.com for live report on brokers.
*
thanks for the website, checking it now. The top regulators are the new york, UK and mauritius regulators, yes? i plan to check based on members of those regulator bodies, but not sure which is better.

oh, and what broker are you using now, boyvai?
boyvai
post May 4 2013, 12:42 AM

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i now trading with fxcm.uk.
so far ok for now.
SUSonemorepenny
post May 4 2013, 09:27 AM

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why does everyone has to find a broker to trade with forex?

what is the main reason behind it actually?
qwertyuioped
post May 4 2013, 11:54 AM

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QUOTE(onemorepenny @ May 4 2013, 10:27 AM)
why does everyone has to find a broker to trade with forex?

what is the main reason behind it actually?
*
Let me ask you, can you get groceries with no shops? Or can you sleep with no bed? That's the question you asked. Lol. If you are asking about introducing broker, you are free to choose to not using mddleman. You can always register with the broker itself directly.

This post has been edited by qwertyuioped: May 4 2013, 04:17 PM

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