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 Forex Version XI, Foreign Exchange Market Discussion

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TSkevler
post Nov 1 2012, 11:19 PM, updated 13y ago

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Forex Version 11 starts here



user posted image FOREX v11 user posted image

Previous V -->
Forex v6, v5, v9 , v10 ...
Market Hours: credit to jigon

notworthy.gif


link: Forex Market Hours
+----------------------------------------------------------------------------------------------------------------------------------------------+

Info:
babypips.com | dailyfx.com | forex-tsd.com | forexfactory.com ( famous ) | forexcrunch.com
thelfb-forex.com | neattrade.blogspot.com | fxfisherman.com | fxstreet.com
forexlive.com | forexpeacearmy.com
MT5

Forex Calendar:
@ forexfactory.com | @ instaforex.com ( GMT+8 ) | @ fxfisherman.com | @ forexpeacearmy.com

Currency Meter/Index:
Currency Strength @ forexpeacearmy.com ( click for more info ) | Currency Index @ forexpeacearmy.com

Broker/Market Maker:
instaforex | FXopen

+----------------------------------------------------------------------------------------------------------------------------------------------+

LIVE Parliament Session:
Britain


*


This post has been edited by kevler: Nov 1 2012, 11:28 PM
solstice818
post Nov 1 2012, 11:33 PM

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QUOTE(greyshadow @ Nov 1 2012, 10:15 PM)
ello! noobie here just started trading today
managed to get my 50% back on day 1 rclxms.gif icon_rolleyes.gif
*
You will burn your account within a month if you continue that.
boyvai
post Nov 1 2012, 11:45 PM

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gratz.new version.happy trading.
poks
post Nov 2 2012, 04:50 AM

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Opps... Wow ..
Seem like everyone trading well..
Just dropping by..
biggrin.gif
TSkevler
post Nov 2 2012, 11:38 AM

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haha..cakap banyak tarak guna ...

my analysis on EJ GJ


Attached Image Attached Image
UbuntuClient
post Nov 2 2012, 04:10 PM

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Seems US session affect with Sandy. Slow move market.
solstice818
post Nov 2 2012, 04:35 PM

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QUOTE(kevler @ Nov 2 2012, 11:38 AM)
haha..cakap banyak tarak guna ...

my analysis on EJ GJ
Attached Image Attached Image
*
Stil buying eh?

Meanwhile, I m still holding my short on gold since yesterday. smile.gif
TSkevler
post Nov 2 2012, 05:22 PM

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still buying EJ GJ ..though there is corrective wave to the south ...later i will more pending buy on this pairs
krofal
post Nov 2 2012, 10:55 PM

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I entered long for gold @ 1684.89. Should I close it before the end of the day? Or wait it out?
zeling89
post Nov 3 2012, 03:56 AM

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eh i've been gone a while and you guys started a new thread. crazy fast.
PopIsDead
post Nov 3 2012, 11:30 PM

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im ranked #7 at fxprimus trading contest -1 month

lets trade forex baby..
poks
post Nov 5 2012, 09:21 AM

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Current position i'm holding on based on 1M chart..
nzdusd ; 4H at previous high.. will it hold? whistling.gif if price remain we'll have bullish candle..

*eurusd nearing previous low 1.280.. buy? sell? i'll sit aside biggrin.gif
gold? err... looking for 1640

tayor


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sleepwalker
post Nov 5 2012, 11:14 AM

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For those trading during the US overlap times, please take note that the US Daylight Savings Time Shift happened yesterday and US markets now open at 9pm for Forex and 10:30pm for NYSE for Malaysian time.

I know experienced traders already know this. Just in-case we have some newbies who are not aware.
solstice818
post Nov 5 2012, 01:32 PM

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QUOTE(poks @ Nov 5 2012, 09:21 AM)
Current position i'm holding on based on 1M chart..
nzdusd ; 4H at previous high.. will it hold?  whistling.gif  if price remain we'll have bullish candle..

*eurusd nearing previous low 1.280.. buy? sell? i'll sit aside  biggrin.gif
  gold? err... looking for 1640

tayor
*
I m looking at 1650 actually and Those who wanna trade gold for long term can reload some buy tongue.gif

*LONG TERM*

QUOTE(sleepwalker @ Nov 5 2012, 11:14 AM)
For those trading during the US overlap times, please take note that the US Daylight Savings Time Shift happened yesterday and US markets now open at 9pm for Forex and 10:30pm for NYSE for Malaysian time.

I know experienced traders already know this. Just in-case we have some newbies who are not aware.
*
Thumbs up for this. thumbup.gif
darks0r4
post Nov 5 2012, 02:59 PM

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QUOTE(sleepwalker @ Nov 5 2012, 11:14 AM)
For those trading during the US overlap times, please take note that the US Daylight Savings Time Shift happened yesterday and US markets now open at 9pm for Forex and 10:30pm for NYSE for Malaysian time.

I know experienced traders already know this. Just in-case we have some newbies who are not aware.
*
Thank you.
Shah.Legno
post Nov 6 2012, 02:22 PM

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What direction EU will breakout now?

UbuntuClient
post Nov 6 2012, 02:47 PM

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EU more to sell, my personal analysis.
Shah.Legno
post Nov 6 2012, 02:50 PM

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I think EU already at the bottom of it's correction...perfect time to buy? don't know...i just wait & see..

TSkevler
post Nov 6 2012, 03:49 PM

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QUOTE(Shah.Legno @ Nov 6 2012, 02:50 PM)
I think EU already at the bottom of it's correction...perfect time to buy? don't know...i just wait & see..
*
waiting for exact time to buy from bottom ;-)
krofal
post Nov 6 2012, 06:49 PM

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I'm waiting until after the election before entering any trades.
solstice818
post Nov 7 2012, 01:18 AM

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QUOTE(solstice818 @ Nov 5 2012, 01:32 PM)
I m looking at 1650 actually and Those who  wanna trade gold for long term can reload some buy tongue.gif

*LONG TERM*
All the longs for GOLD is turning green biggrin.gif Gold is on rally.... rclxm9.gif rclxm9.gif rclxm9.gif
krofal
post Nov 7 2012, 01:37 AM

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QUOTE(solstice818 @ Nov 7 2012, 01:18 AM)
All the longs for GOLD is turning green biggrin.gif Gold is on rally.... rclxm9.gif  rclxm9.gif  rclxm9.gif
*
Never thought I would recover my -300 pips long in 1 day @.@!
mchicken
post Nov 7 2012, 05:30 AM

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Never put stop loss? You dare to hold it for so long ya, 300pips, what of it will never come back or goes until 2000 pips? You got enough balance to take that? Just curious..
poks
post Nov 7 2012, 08:02 AM

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QUOTE(solstice818 @ Nov 7 2012, 01:18 AM)
All the longs for GOLD is turning green biggrin.gif Gold is on rally.... rclxm9.gif  rclxm9.gif  rclxm9.gif
*
the diving might not be over yet biggrin.gif

looking at eurusd; it does look good at previous low (it's a buy candle at 1D)... how will i trade this?
1) wait for price to go below 1.28052, but a buy order ant 1.28052.. SL at lowest of the day...
2) i'll do nothing biggrin.gif (can't see any thing yet.. i'll do this )

tayor...


LOL .. it did fly.. biggrin.gif

This post has been edited by poks: Nov 7 2012, 02:08 PM


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krofal
post Nov 7 2012, 02:10 PM

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QUOTE(mchicken @ Nov 7 2012, 05:30 AM)
Never put stop loss? You dare to hold it for so long ya, 300pips, what of it will never come back or goes until 2000 pips? You got enough balance to take that? Just curious..
*
Small lot, and was hedging. Dangerous, and i learned my lesson there.
poks
post Nov 7 2012, 03:41 PM

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hope you guys manage to ride eurusd.. (scalp 60+ pips enough for the day)
all moving up .. i'm looking nzdusd to break 0.8357 ..
good luck trading guys.. now doing some swinging only biggrin.gif
boyvai
post Nov 7 2012, 08:51 PM

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waiting to entry long on euro/usd.tomorrow?dont know lol
watching on h4 and h1.possible to tested till 1.271xx?

Shah.Legno
post Nov 8 2012, 01:11 AM

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QUOTE(boyvai @ Nov 7 2012, 08:51 PM)
waiting to entry long on euro/usd.tomorrow?dont know lol
watching on h4 and h1.possible to tested till 1.271xx?
*
hope it will a huge gain upside rally...
krofal
post Nov 8 2012, 05:08 PM

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I'm still waiting for 1.26 before taking any long but so far its stuck in the middle of 1.27
Shah.Legno
post Nov 8 2012, 06:35 PM

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QUOTE(krofal @ Nov 8 2012, 05:08 PM)
I'm still waiting for 1.26 before taking any long but so far its stuck in the middle of 1.27
*
Yup...it's ranging there for many hours...sigh~
kingkong999
post Nov 9 2012, 04:08 AM

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Hey guys. anyone here working as introducing broker? Can please help me out? Kindly pm me... Thanks.

qwertyuioped
post Nov 9 2012, 05:04 PM

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QUOTE(poks @ Nov 7 2012, 09:02 AM)
the diving might not be over yet  biggrin.gif

looking at eurusd; it does look good at previous low (it's a buy candle at 1D)... how will i trade this?
                          1) wait for price to go below 1.28052, but a buy order ant 1.28052.. SL at lowest of the day...
                          2) i'll do nothing  biggrin.gif  (can't see any thing yet.. i'll do this )

tayor...
LOL .. it did fly..  biggrin.gif
*
did you just use trendline and support and resistance lvl only to trade? i tried to do that. but somehow keep failing. tips please.
boyvai
post Nov 9 2012, 05:19 PM

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euro still down.happy weekend guys~
krofal
post Nov 9 2012, 06:56 PM

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Exit my short from 1.27772. Done for the week. Good luck people smile.gif
Shah.Legno
post Nov 9 2012, 07:34 PM

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QUOTE(boyvai @ Nov 9 2012, 05:19 PM)
euro still down.happy weekend guys~
*
Yes...still move down..& keep going back up & range trading, it just keep bounce...very good for scalper..not good to swing trade yet..smile.gif
poks
post Nov 9 2012, 07:47 PM

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QUOTE(qwertyuioped @ Nov 9 2012, 05:04 PM)
did you just use trendline and support and resistance lvl only to trade? i tried to do that. but somehow keep failing. tips please.
*
It's kinda hard to explain... Support is just in theory if nothing 's happening on that level..
ie; price broke support atm, short? I'll wait for something more concrete such as retrace.
There are no exact tips, i can only say wait till you're comfortable and sure that it is a good trade..
wschoo26
post Nov 11 2012, 10:54 PM

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qwertyuioped
post Nov 12 2012, 09:39 AM

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am i doing it right? is my trendline ok? sifu2 pls comment ya. smile.gif
» Click to show Spoiler - click again to hide... «


This post has been edited by qwertyuioped: Nov 12 2012, 09:41 AM
poks
post Nov 12 2012, 12:00 PM

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QUOTE(qwertyuioped @ Nov 12 2012, 09:39 AM)
am i doing it right? is my trendline ok? sifu2 pls comment ya. smile.gif
just in case you change your mind biggrin.gif

*looking at a bigger time frame... what will you do? tongue.gif

This post has been edited by poks: Nov 12 2012, 12:03 PM


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qwertyuioped
post Nov 12 2012, 12:53 PM

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QUOTE(poks @ Nov 12 2012, 01:00 PM)
just in case you change your mind  biggrin.gif

*looking at a bigger time frame... what will you do?  tongue.gif
*
macam going up. lol i dont know. im still noob le.
poks
post Nov 12 2012, 01:23 PM

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you'll never know till you trade happy.gif
qwertyuioped
post Nov 12 2012, 03:08 PM

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trendline break, short?
» Click to show Spoiler - click again to hide... «

wschoo26
post Nov 12 2012, 04:37 PM

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QUOTE(qwertyuioped @ Nov 12 2012, 03:08 PM)
trendline break, short?
» Click to show Spoiler - click again to hide... «

*
The candle not yet close, u wan to short geh? So ngan cheong geh? 3pm, euro just open , gbp and usd not yet open wor...like that still dont know wan to up or down wor. By 7pm , normally u can catch up or down but I am not god tongue.gif. Suppose you short and then candle close as a doji, what will you do leh?

qwertyuioped
post Nov 12 2012, 05:59 PM

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QUOTE(wschoo26 @ Nov 12 2012, 05:37 PM)
The candle not yet close, u wan to short  geh? So ngan cheong geh? 3pm, euro just open , gbp and usd not yet open wor...like that still dont know wan to up or down wor. By 7pm , normally u can catch up or down but I am not god tongue.gif. Suppose you short and then candle close as a doji, what will you do leh?
*
just now i scalp abit oni. get 8pips i tink. better than nothing. biggrin.gif still noob mah.
wschoo26
post Nov 12 2012, 08:19 PM

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QUOTE(qwertyuioped @ Nov 12 2012, 05:59 PM)
just now i scalp abit oni. get 8pips i tink. better than nothing. biggrin.gif still noob mah.
*
Congrats...good start ...dont worry..i also newbie...sama sama belajar smile.gif
wenching87
post Nov 12 2012, 08:20 PM

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anyone can introduce a nice and simple app for trading forex?
RigorMortis
post Nov 12 2012, 09:12 PM

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QUOTE(wenching87 @ Nov 12 2012, 08:20 PM)
anyone can introduce a nice and simple app for trading forex?
*
You need a proper screen to do your analysis.. It's not easy to trade with mobile
wenching87
post Nov 12 2012, 11:35 PM

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QUOTE(RigorMortis @ Nov 12 2012, 09:12 PM)
You need a proper screen to do your analysis.. It's not easy to trade with mobile
*
Ok... I just thought i wana start involve in forex purely on phone... izzit not recommended? im a noobie by the way.. think of wana play it small small
RigorMortis
post Nov 13 2012, 12:19 AM

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QUOTE(wenching87 @ Nov 12 2012, 11:35 PM)
Ok... I just thought i wana start involve in forex purely on phone... izzit not recommended? im a noobie by the way.. think of wana play it small small
*
From my personal experience, the screen is too small to grasp a picture of the market. (i'm using iphone 4s)

You'll have to scroll around quite abit.

I think mobile is fine if you are trading fundamentals and don't need a chart, just price and some candles.

But of course that's just my point of view, you should always try it yourself. The mobile app i used was from my broker, Oanda.
devil94
post Nov 13 2012, 04:37 AM

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Hey guys
anyone wanna trade forex and learn from EA that is collaboration with world top 3 bank ?
First , money goes into bank directly hence agent do not get commmision like how broker work. So Bank wont run away your money laugh.gif
Second , for newbie like me we can learn from EA(Auto robot), and report proven effective , that's why we grated to collaborate with bank biggrin.gif
Third , Many broker house jump to us because , first is reliability from bank, second is everyday earning except weekend( cause no trading ma tongue.gif)

Interested can sms me state that forex trading. and make an appointment so we can prove we are from bank and learn forex biggrin.gif
010-three9three916one

Thanks biggrin.gif

This post has been edited by devil94: Nov 13 2012, 04:37 AM
RigorMortis
post Nov 13 2012, 08:01 AM

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My scam alert is tingling
poks
post Nov 13 2012, 08:07 AM

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might as well put up your documents here..


SUSAllnGap
post Nov 13 2012, 09:55 AM

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QUOTE(poks @ Nov 12 2012, 12:00 PM)
just in case you change your mind  biggrin.gif

*looking at a bigger time frame... what will you do?  tongue.gif
*
i'm shorting all the way....go to see weekly chart and you'll see the engulfing bar which is quite big....
devil94
post Nov 13 2012, 03:51 PM

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QUOTE(RigorMortis @ Nov 13 2012, 08:01 AM)
My scam alert is tingling
*
Why i wanna scam sweat.gif when you lookout at my report you can determine yourself bro nod.gif
i didnt get commision like how hexagon work also , where does the scam come ? doh.gif

http://hsecnfx.com/
poks
post Nov 13 2012, 04:06 PM

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looks like normal broker to me nothing special
i'll stick with my fxcm....
taking it easy and swinging .....
good luck to all the robots ..
lol
RigorMortis
post Nov 13 2012, 04:10 PM

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Caveat emptor. Website is very shoddy. No business address.

Claims to be an ECN.. Take a look at Dukascopy

http://www.dukascopy.com/

This is a real ECN broker and a forex bank, registered in Switzerland.

Just take a look and compare buddy.
If you got sucked into whatever you got sucked into, i suggest you leave right now icon_idea.gif

devil94
post Nov 13 2012, 04:48 PM

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QUOTE(poks @ Nov 13 2012, 04:06 PM)
looks like normal broker to me nothing special
i'll stick with my fxcm....
taking it easy and swinging .....
good luck to all the robots ..
lol
*
you can trade by urself and futhermore there are bonus system. earn extra beside then forex icon_rolleyes.gif

QUOTE(RigorMortis @ Nov 13 2012, 04:10 PM)
Caveat emptor. Website is very shoddy. No business address.

Claims to be an ECN.. Take a look at Dukascopy

http://www.dukascopy.com/

This is a real ECN broker and a forex bank, registered in Switzerland.

Just take a look and compare buddy.
If you got sucked into whatever you got sucked into, i suggest you leave right now  icon_idea.gif
*
Website just up few week ago. HSBC is world top 3 bank bro. All fund directly under them smile.gif
boyvai
post Nov 13 2012, 04:58 PM

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euro/usd continue further down?
look like divergence in progress?
boyvai
post Nov 13 2012, 05:03 PM

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euro/usd tf4
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tayor


Added on November 13, 2012, 5:11 pmmany opportunity to enter trade this week.
gj,euro/usd,aud/usd.
gold?pass~

This post has been edited by boyvai: Nov 13 2012, 05:11 PM
RigorMortis
post Nov 13 2012, 05:14 PM

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QUOTE(devil94 @ Nov 13 2012, 04:48 PM)
you can trade by urself and futhermore there are bonus system. earn extra beside then forex  icon_rolleyes.gif
Website just up few week ago. HSBC is world top 3 bank bro. All fund directly under them  smile.gif
*
If you want to put up credentials, you are going to have to back it up.

I'm not bothered if you are a affiliate of a legitimate broker, but this does not even look like a market maker let alone ECN.

However, since I'll be giving this opportunity to earn really big bucks a miss, I shall rest my case.

But I suggest anyone taking up this offer to scrutinize it and send emails to HSBC to clarify.

I'm sure HSBC being the "world top 3 bank", will take legal actions if their names are implicated into a scam. thumbup.gif
devil94
post Nov 13 2012, 05:30 PM

Hi ! =D
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QUOTE(RigorMortis @ Nov 13 2012, 05:14 PM)
If you want to put up credentials, you are going to have to back it up.

I'm not bothered if you are a affiliate of a legitimate broker, but this does not even look like a market maker let alone ECN.

However, since I'll be giving this opportunity to earn really big bucks a miss, I shall rest my case.

But I suggest anyone taking up this offer to scrutinize it and send emails to HSBC to clarify.

I'm sure HSBC being the "world top 3 bank", will take legal actions if their names are implicated into a scam.  thumbup.gif
*
Yes , do email HSBC to clarify and post here too. So you can prove that i am genuine smile.gif
FYI , we carry white label from HSBC smile.gif

Happy trading ! smile.gif
solstice818
post Nov 13 2012, 06:27 PM

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QUOTE(devil94 @ Nov 13 2012, 04:37 AM)
Hey guys
anyone wanna trade forex and learn from EA that is collaboration with world top 3 bank ?
First , money goes into bank directly hence agent do not get commmision like how broker work. So Bank wont run away your money laugh.gif
Second , for newbie like me we can learn from EA(Auto robot), and report proven effective , that's why we grated to collaborate with bank biggrin.gif
Third , Many broker house jump to us because , first is reliability from bank, second is everyday earning except weekend( cause no trading ma tongue.gif)

Interested can sms me state that forex trading. and make an appointment so we can prove we are from bank and learn forex biggrin.gif
010-three9three916one

Thanks biggrin.gif
*
If not everyday earning, can I sue you or your bank? Your statement induces me to join you because you said EVERYDAY earning.

So are you sure, we will be earning every god damn day except weekend?
devil94
post Nov 13 2012, 06:28 PM

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QUOTE(solstice818 @ Nov 13 2012, 06:27 PM)
If not everyday earning, can I sue you or your bank? Your statement induces me to join you because you said EVERYDAY earning.

So are you sure, we will be earning every god damn day except weekend?
*
Meet me and you know why everyday earning icon_idea.gif
smartpoint
post Nov 13 2012, 06:28 PM

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QUOTE(devil94 @ Nov 13 2012, 04:51 PM)
Why i wanna scam  sweat.gif  when you lookout at my report you can determine yourself bro nod.gif
i didnt get commision like how hexagon work also , where does the scam come ?  doh.gif

http://hsecnfx.com/
*
This broker look like very new~ Got license from NFA,FSA,FSC..etc?


Creation Date: 17-Oct-2012
Expiration Date: 17-Oct-2013

solstice818
post Nov 13 2012, 06:30 PM

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QUOTE(devil94 @ Nov 13 2012, 06:28 PM)
Meet me and you know why everyday earning  icon_idea.gif
*
Not interested in meeting you. I just want to get guarantee from you that your statement " everyday earning" can be rely on.

If lets say one of the five weekdays ended up in loses, will you or your company bear the losses since you have the audacity to claim 100% earning for weekday.


devil94
post Nov 13 2012, 06:44 PM

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QUOTE(smartpoint @ Nov 13 2012, 06:28 PM)
This broker look like very new~  Got license from NFA,FSA,FSC..etc?
Creation Date: 17-Oct-2012 
Expiration Date: 17-Oct-2013
*
Well in malaysia FOREX Tradin is in grey zone , the only who have the valid license is FXOPEN
QUOTE(solstice818 @ Nov 13 2012, 06:30 PM)
Not interested in meeting you. I just want to get guarantee from you that your statement " everyday earning" can be rely on.

If lets say one of the five weekdays ended up in loses, will you or your company bear the losses since you have the audacity to claim 100% earning for weekday.
*
oh well , up to you. if not how i show you the report ? smile.gif
smartpoint
post Nov 13 2012, 06:47 PM

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QUOTE(devil94 @ Nov 13 2012, 07:44 PM)
Well in malaysia FOREX Tradin is in grey zone , the only who have the valid license is FXOPEN
oh well , up to you. if not how i show you the report ? smile.gif
*
Lol~ Fxopen...2 or 3 years ago, license get ban from US due of money laundering.
devil94
post Nov 13 2012, 07:09 PM

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QUOTE(smartpoint @ Nov 13 2012, 06:47 PM)
Lol~ Fxopen...2 or 3 years ago, license get ban from US due of money laundering.
*
yea heard it is revoked.
btw HSECNFX background is HSBC.. Bank already have all the license including forex~
andrewleewaikeong
post Nov 13 2012, 07:19 PM

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QUOTE(smartpoint @ Nov 13 2012, 06:28 PM)
This broker look like very new~  Got license from NFA,FSA,FSC..etc?
Creation Date: 17-Oct-2012 
Expiration Date: 17-Oct-2013
*
Newly created . No intention for perpetual succession ? Just up to 1 year only before expiry ? Lol

Any kids can do the website better , furthermore you are takking about HSBC ? No ofence yo

This post has been edited by andrewleewaikeong: Nov 13 2012, 07:40 PM
boyvai
post Nov 13 2012, 08:08 PM

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just put full documentation here easy.so no more speculations. internet era,no need face to face lol.if true,nothing to hide.
btw,gj push!!!
devil94
post Nov 13 2012, 08:12 PM

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QUOTE(boyvai @ Nov 13 2012, 08:08 PM)
just put full documentation here easy.so no more speculations. internet era,no need face to face lol.if true,nothing to hide.
btw,gj push!!!
*
what documentation u want ? blink.gif
solstice818
post Nov 13 2012, 08:33 PM

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QUOTE(boyvai @ Nov 13 2012, 08:08 PM)
just put full documentation here easy.so no more speculations. internet era,no need face to face lol.if true,nothing to hide.
btw,gj push!!!
*
South or north?
wschoo26
post Nov 13 2012, 09:07 PM

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QUOTE(solstice818 @ Nov 13 2012, 06:27 PM)
If not everyday earning, can I sue you or your bank? Your statement induces me to join you because you said EVERYDAY earning.

So are you sure, we will be earning every god damn day except weekend?
*
Everyday earning cos got downline, sth like mlm structure ? your downline trade , we get commission of the trade the time they open position?
devil94
post Nov 13 2012, 09:13 PM

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QUOTE(wschoo26 @ Nov 13 2012, 09:07 PM)
Everyday earning cos got downline, sth like mlm structure ? your downline trade , we get commission of the trade the time they open position?
*
This is one of the bonus. Not like MLM pairing or people below you no work den you dont have earning brows.gif
poks
post Nov 14 2012, 07:39 AM

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Selection of broker is at your own risk...
why do you trade forex? because of good commission from broker? reliable robot?
or do you trade because of your passion in trading?

but when it come to trading problem such as slippage etc etc, does your broker respond to you fast enough..?

i'm happy with fxcm (they are regulated) as they do come with solution whenever i have problems (most of the time refund of $ to my account).. i dare to say so as i encountered such problems after YEARS of trading with them..

i will not be attracted with such earning you highlighted as trading itself is rewarding, why would you rely on commission if you can trade min 40pips per day profit? i would go for value than commission..

side income?
lol


Added on November 14, 2012, 7:53 am
QUOTE(boyvai @ Nov 13 2012, 08:08 PM)
just put full documentation here easy.so no more speculations. internet era,no need face to face lol.if true,nothing to hide.
btw,gj push!!!
*
boyvai, this is my setup for gbpjpy if i'm trading it biggrin.gif

still look interesting this pair, but risky... BOJ just around the corner.. lol

This post has been edited by poks: Nov 14 2012, 07:55 AM


Attached thumbnail(s)
Attached Image
yshon
post Nov 14 2012, 03:15 PM

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is this the fx corner discussion? i m a small time trader, just curious anyone still trading the pairs of eur/usd? seems high risk.
smallblur
post Nov 14 2012, 05:33 PM

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QUOTE(yshon @ Nov 14 2012, 03:15 PM)
is this the fx corner discussion? i m a small time trader, just curious anyone still trading the pairs of eur/usd? seems high risk.
*
Yup..Here considered as Forex discussion corner.. Welcome thou biggrin.gif rclxms.gif
boyvai
post Nov 14 2012, 06:08 PM

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QUOTE(poks @ Nov 14 2012, 07:39 AM)
Selection of broker is at your own risk...
why do you trade forex? because of good commission from broker? reliable robot?
or do you trade because of your passion in trading?

but when it come to trading problem such as slippage etc etc, does your broker respond to you fast enough..?

i'm happy with fxcm (they are regulated) as they do come with solution whenever i have problems (most of the time refund of $ to my account).. i dare to say so as i encountered such problems after YEARS of trading with them..

i will not be attracted with such earning you highlighted as trading itself is rewarding, why would you rely on commission if you can trade min 40pips per day profit? i would go for value than commission..

side income?
lol


Added on November 14, 2012, 7:53 am

boyvai, this is my setup for gbpjpy if i'm trading it  biggrin.gif

still look interesting this pair, but risky... BOJ just around the corner.. lol
*
thank you poks for the charts,i get the picture.i still long with + sl.

i do agree with poks,now days people confuse trading forex or mlm style,commission.robot is reliable few week or month,backtest,good results,after few week,month,wait broker tweak mt4.usually from basket brokers.i doubt major top bank use EA,also hedge fund company never ever use EA.well,its peoples choice,there is no right,no wrong when it become to trading style.i dont know lol.no offence,this is just opinion from small,fry trader only.never ending story.


Added on November 14, 2012, 6:13 pm
QUOTE(solstice818 @ Nov 13 2012, 08:33 PM)
South or north?
*
long biggrin.gif

This post has been edited by boyvai: Nov 14 2012, 06:13 PM
sleepwalker
post Nov 14 2012, 06:18 PM

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QUOTE(devil94 @ Nov 13 2012, 06:44 PM)
Well in malaysia FOREX Tradin is in grey zone , the only who have the valid license is FXOPEN
oh well , up to you. if not how i show you the report ? smile.gif
*
If you say that FXOPEN is the only one with a valid license, then you know nothing about forex trading in Malaysia. Forex trading is not in a grey zone in Malaysia. It is black and white not allowed by BNM. There is no forex trading in Malaysia and therefore you will not find legal entities in Malaysia. There are no forex brokers recognised or licensed by BNM in Malaysia and those operating now are under the watchful eye/list of BNM. Banks usually do not operate like typical fx brokers. Citifxpro is one of the few bank affiliated forex brokers and even that requires a lot of money to open an account.

FXOPEN does not even have an office in Malaysia. How would it even have a valid license?
devil94
post Nov 14 2012, 06:46 PM

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QUOTE(sleepwalker @ Nov 14 2012, 06:18 PM)
If you say that FXOPEN is the only one with a valid license, then you know nothing about forex trading in Malaysia. Forex trading is not in a grey zone in Malaysia. It is black and white not allowed by BNM. There is no forex trading in Malaysia and therefore you will not find legal entities in Malaysia. There are no forex brokers recognised or licensed by BNM in Malaysia and those operating now are under the watchful eye/list of BNM. Banks usually do not operate like typical fx brokers. Citifxpro is one of the few bank affiliated forex brokers and even that requires a lot of money to open an account.

FXOPEN does not even have an office in Malaysia. How would it even have a valid license?
*
Sorry that misunderstanding , my meaning that is Fxopen is the company in malaysia that have license ( other country) dunnow how explain sweat.gif
i myself also learning trading and always be a silent reader here , when came into choosing broker i came into this hsbc and i think that was quite interesting so that i joined them and wanna introduce it biggrin.gif
poks
post Nov 14 2012, 06:47 PM

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Boyvai good to hear that...
my nzdusd still there. 1 month holding really really make not much profit..
lol..
i think i should change pair... Hmm..
smartpoint
post Nov 14 2012, 07:38 PM

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QUOTE(poks @ Nov 14 2012, 07:47 PM)
Boyvai good to hear that...
my nzdusd still there. 1 month holding really really make not much profit..
lol..
i think i should change pair... Hmm..
*
You got trade EURUSD pair?

user posted image <--double top?

This post has been edited by smartpoint: Nov 14 2012, 07:45 PM
solstice818
post Nov 14 2012, 08:04 PM

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QUOTE(smartpoint @ Nov 14 2012, 07:38 PM)
You got trade EURUSD pair?

user posted image <--double top?
*
Did I just see Forex Robot? Btw, with the funds you have, you can increase the volume of your trading.
smartpoint
post Nov 14 2012, 08:25 PM

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QUOTE(solstice818 @ Nov 14 2012, 09:04 PM)
Did I just see Forex Robot? Btw, with the funds you have, you can increase the volume of your trading.
*
yup.. 3 EA include one stupid hexagon EA +manual trade in AdmiralMkt.
sleepwalker
post Nov 14 2012, 09:34 PM

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QUOTE(devil94 @ Nov 14 2012, 06:46 PM)
Sorry that misunderstanding , my meaning that is Fxopen is the company in malaysia that have license ( other country) dunnow how explain  sweat.gif
i myself also learning trading and always be a silent reader here , when came into choosing broker i came into this hsbc and i think that was quite interesting so that i joined them and wanna introduce it  biggrin.gif
*
I am talking about FXOPEN and it does not have a license in Malaysia. It does not even operate in Malaysia. It is only using IBs. Go to FXOPEN website and find the contacts for Malaysia. It only has a virtual number and IB contact list. No office. No license to operate FX in Malaysia.
smartpoint
post Nov 14 2012, 10:03 PM

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QUOTE(sleepwalker @ Nov 14 2012, 10:34 PM)
I am talking about FXOPEN and it does not have a license in Malaysia. It does not even operate in Malaysia. It is only using IBs. Go to FXOPEN website and find the contacts for Malaysia. It only has a virtual number and IB contact list. No office. No license to operate FX in Malaysia.
*
yup, agree what you said sleepwalker. Now no either one broker got license in Malaysia except through Bank or MiBD.
transhumanist92
post Nov 15 2012, 12:23 AM

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QUOTE(poks @ Nov 14 2012, 07:39 AM)
Selection of broker is at your own risk...
why do you trade forex? because of good commission from broker? reliable robot?
or do you trade because of your passion in trading?

but when it come to trading problem such as slippage etc etc, does your broker respond to you fast enough..?

i'm happy with fxcm (they are regulated) as they do come with solution whenever i have problems (most of the time refund of $ to my account).. i dare to say so as i encountered such problems after YEARS of trading with them..

i will not be attracted with such earning you highlighted as trading itself is rewarding, why would you rely on commission if you can trade min 40pips per day profit? i would go for value than commission..

side income?
lol


Added on November 14, 2012, 7:53 am

boyvai, this is my setup for gbpjpy if i'm trading it  biggrin.gif

still look interesting this pair, but risky... BOJ just around the corner.. lol
*
noob question here, do you need an IB-introducing broker to open fxcm account in malaysia? how do you draw money from the account
solstice818
post Nov 15 2012, 01:42 AM

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QUOTE(smartpoint @ Nov 14 2012, 08:25 PM)
yup.. 3 EA include one stupid hexagon EA +manual trade in AdmiralMkt.
*
What EA you using? How's the running of the EA? Profitable ?
smartpoint
post Nov 15 2012, 02:08 AM

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QUOTE(solstice818 @ Nov 15 2012, 02:42 AM)
What EA you using? How's the running of the EA? Profitable ?
*
yup...profitable. EA I get it from my friend. NOte: Don't used grid, martingale EA~ will boom your forex account anytime. Another GVF - http://www.maximtrader.com ? Beware,don't get scammed by them!.




This post has been edited by smartpoint: Nov 15 2012, 02:39 AM
devil94
post Nov 15 2012, 02:42 AM

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QUOTE(sleepwalker @ Nov 14 2012, 09:34 PM)
I am talking about FXOPEN and it does not have a license in Malaysia. It does not even operate in Malaysia. It is only using IBs. Go to FXOPEN website and find the contacts for Malaysia. It only has a virtual number and IB contact list. No office. No license to operate FX in Malaysia.
*
Thanks for correcting me , my friend told me that fxopen have office in KLCC. I think that i misunderstood ? hmm.gif
smartpoint
post Nov 15 2012, 03:11 AM

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QUOTE(devil94 @ Nov 15 2012, 03:42 AM)
Thanks for correcting me , my friend told me that fxopen have office in KLCC. I think that i misunderstood ?  hmm.gif
*
HSECN so lousy!!!!!!!!!!!!!!! How can possible click help and then about to check the version build got error ? Plus why build version still used 4.0.0229? Please go check from metaquotes website! Metaquotes May 31 ,2012 already announcement "We remind you that starting on June 1, 2012 the support of client terminal builds below 416 will no longer be provided. Therefore we strongly recommend that you update your terminals to the latest build. Meta Trader 4 terminals below build 416 will not be able to connect to trade servers, and will result in trade being disabled. This change is due to the company behind MT4 requiring that all users upgrade to a more recent version of their software."How can possible still got forex company used below build version 416?

user posted image

This post has been edited by smartpoint: Nov 15 2012, 03:13 AM
smallblur
post Nov 15 2012, 09:33 AM

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QUOTE(smartpoint @ Nov 14 2012, 07:38 PM)
You got trade EURUSD pair?

user posted image <--double top?
*
This "Double Top" is dangerous =.= I almost died there cry.gif
SUSAllnGap
post Nov 15 2012, 09:53 AM

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AU has broken down the uptrend from 2 weeks ago. Looking for bearish setup later in the evening.
devil94
post Nov 15 2012, 11:23 AM

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QUOTE(smartpoint @ Nov 15 2012, 03:11 AM)
HSECN  so lousy!!!!!!!!!!!!!!!  How can possible click help and then about to check the version build got error ? Plus why build version still used 4.0.0229? Please go check from metaquotes website! Metaquotes May 31 ,2012 already announcement "We remind you that starting on June 1, 2012 the support of client terminal builds below 416 will no longer be provided. Therefore we strongly recommend that you update your terminals to the latest build. Meta Trader 4 terminals below build 416 will not be able to connect to trade servers, and will result in trade being disabled. This change is due to the company behind MT4 requiring that all users upgrade to a more recent version of their software."How can possible still got forex company used below build version 416?

user posted image
*
The team will update , because the website also newly up only smile.gif
SUSAllnGap
post Nov 15 2012, 12:06 PM

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why u guys wanna trade using ECN ??

bros and sis, the real ECN trades is for really super high volume, are you trading millions per trade ?
All our our retail FX are merely bucketshop or supported by ECN.

True ECN environment are contract based, it's not supported by MT4. Thus it will always have slippage.

Just make sure that the fx broker you open account with is a good company and wont close down after a while la.
smartpoint
post Nov 15 2012, 11:15 PM

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Anyone here used EA ?
mpips
post Nov 16 2012, 10:12 AM

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QUOTE(smartpoint @ Nov 15 2012, 11:15 PM)
Anyone here used EA ?
*
yes, i am, can refer my journal
paogiv3r
post Nov 16 2012, 10:22 AM

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QUOTE(mpips @ Nov 16 2012, 10:12 AM)
yes, i am, can refer my journal
*
dear mpips,

wah you sure that's your journal? with automate system?
mpips
post Nov 16 2012, 10:28 AM

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QUOTE(paogiv3r @ Nov 16 2012, 10:22 AM)
dear mpips,

wah you sure that's your journal? with automate system?
*
why it is not mine? i can gv you investor login to check rclxms.gif

yes, automated with 20% manual.
tandukperak
post Nov 16 2012, 10:31 AM

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QUOTE(paogiv3r @ Nov 16 2012, 10:22 AM)
dear mpips,

wah you sure that's your journal? with automate system?
*
Noob question : how do we see it is automated? tq
mpips
post Nov 16 2012, 10:37 AM

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QUOTE(tandukperak @ Nov 16 2012, 10:31 AM)
Noob question : how do we see it is automated? tq
*
can't be known 100% as it is written by users.
paogiv3r
post Nov 16 2012, 10:45 AM

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QUOTE(mpips @ Nov 16 2012, 10:28 AM)
why it is not mine? i can gv you investor login to check  rclxms.gif

yes, automated with 20% manual.
*
you're full time investor? you invest for people? what's the ROI? and your commission cut?

QUOTE(tandukperak @ Nov 16 2012, 10:31 AM)
Noob question : how do we see it is automated? tq
*
look at the trade pattern, and account description lor. but mpips history is closed one cannot see anything.
mpips
post Nov 16 2012, 10:48 AM

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QUOTE(paogiv3r @ Nov 16 2012, 10:45 AM)
you're full time investor? you invest for people? what's the ROI? and your commission cut?
look at the trade pattern, and account description lor. but mpips history is closed one cannot see anything.
*
not full time, do have full time job.

i dont invest people but i do share.

ea performance averaged 20% ROI a month.
paogiv3r
post Nov 16 2012, 10:58 AM

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QUOTE(mpips @ Nov 16 2012, 10:48 AM)
not full time, do have full time job.

i dont invest people but i do share.

ea performance averaged 20% ROI a month.
*
mind up for a yamcha session? looks like you have at least 5 years of experience? but i only 1-2 years of experience only.
mpips
post Nov 16 2012, 11:07 AM

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QUOTE(paogiv3r @ Nov 16 2012, 10:58 AM)
mind up for a yamcha session? looks like you have at least 5 years of experience? but i only 1-2 years of experience only.
*
where are you situated?
paogiv3r
post Nov 16 2012, 12:06 PM

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QUOTE(mpips @ Nov 16 2012, 11:07 AM)
where are you situated?
*
im at selangor area, sir
smartpoint
post Nov 16 2012, 03:40 PM

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QUOTE(mpips @ Nov 16 2012, 11:12 AM)
yes, i am, can refer my journal
*
I remember last time you got few account run EA NewTon ....at the end account boom, right?

This post has been edited by smartpoint: Nov 16 2012, 03:44 PM
mpips
post Nov 16 2012, 05:02 PM

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QUOTE(smartpoint @ Nov 16 2012, 03:40 PM)
I remember last time you got few account run EA NewTon ....at the end account boom, right?
*
No boom. Newton is still in use until now. The one boomed is manual trading.
smartpoint
post Nov 16 2012, 05:11 PM

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QUOTE(mpips @ Nov 16 2012, 11:48 AM)
not full time, do have full time job.

i dont invest people but i do share.

ea performance averaged 20% ROI a month.
*
Wow~ Your EA performance same as mine...hehe!
smellz
post Nov 17 2012, 04:43 AM

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forex newbie here. wanna start one account. what is minimum? which broker should i use? how much charge on TT?
boyvai
post Nov 17 2012, 03:44 PM

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QUOTE(transhumanist92 @ Nov 15 2012, 12:23 AM)
noob question here, do you need an IB-introducing broker to open fxcm account in malaysia? how do you draw money from the account
*
no need ib to open fxcm acc.just register at fxcm website,need important document.draw wire transfer to local bank,credit card.took 2,3 days


Added on November 17, 2012, 3:45 pm
QUOTE(smellz @ Nov 17 2012, 04:43 AM)
forex newbie here. wanna start one account. what is minimum? which broker should i use? how much charge on TT?
*
google on each broker.find regulated broker,not local mlm style brooker.gl.

This post has been edited by boyvai: Nov 17 2012, 03:45 PM
julianljh
post Nov 17 2012, 05:09 PM

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QUOTE(mpips @ Nov 16 2012, 10:12 AM)
yes, i am, can refer my journal
*
with such huge drawdown... shakehead.gif
flipflap
post Nov 18 2012, 01:50 PM

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Hi All,

I'm a newbie here but i've been trading for awhile now. I just moved back to Malaysia. I'll try to join the discussions soon, still going through the threads.


Added on November 18, 2012, 2:10 pm
QUOTE(AllnGap @ Nov 15 2012, 01:06 PM)
why u guys wanna trade using ECN ??

bros and sis, the real ECN trades is for really super high volume, are you trading millions per trade ?
All our our retail FX are merely bucketshop or supported by ECN.

True ECN environment are contract based, it's not supported by MT4. Thus it will always have slippage.

Just make sure that the fx broker you open account with is a good company and wont close down after a while la.
*
hi,

I'm new to lowyat forum, i just saw your post and just wanted to add my comment. ECN is not as bad as you think, yes, you'll need higher volume but if you're an intraday trader, it's worth considering.

For example, FXCM (http://www.fxcm.co.uk/active-trader.jsp) charges commission of about USD7 per 100k lot - which is USD 0.7 per mini lot. So, in money terms, if you trade more than USD 0.70 per pip, then it's worth considering changing already. Of course, the real savings come when you trade in even larger volume.

No idea why but lots of brokers that are advertising in M'sia have REALLY high spreads. So, I think people should be more aware of this and either move to ECN accounts or change brokers. Well, that's just my personal view.

Lastly, FYI, I'm using MT4 on a ECN type account. This is nothing new and it's been there for awhile now. Slippage is unavoidable but you'll get slippage even in non-ECN environment. However, as you know that FX rarely slips, so, in the longer term, the slippage is really negligible.

This post has been edited by flipflap: Nov 18 2012, 02:10 PM
solstice818
post Nov 18 2012, 06:25 PM

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QUOTE(flipflap @ Nov 18 2012, 01:50 PM)
Hi All,

I'm a newbie here but i've been trading for awhile now. I just moved back to Malaysia. I'll try to join the discussions soon, still going through the threads.


Added on November 18, 2012, 2:10 pm

hi,

I'm new to lowyat forum, i just saw your post and just wanted to add my comment. ECN is not as bad as you think, yes, you'll need higher volume but if you're an intraday trader, it's worth considering.

For example, FXCM (http://www.fxcm.co.uk/active-trader.jsp) charges commission of about USD7 per 100k lot - which is USD 0.7 per mini lot. So, in money terms, if you trade more than USD 0.70 per pip, then it's worth considering changing already. Of course, the real savings come when you trade in even larger volume.

No idea why but lots of brokers that are advertising in M'sia have REALLY high spreads. So, I think people should be more aware of this and either move to ECN accounts or change brokers. Well, that's just my personal view.

Lastly, FYI, I'm using MT4 on a ECN type account. This is nothing new and it's been there for awhile now. Slippage is unavoidable but you'll get slippage even in non-ECN environment. However, as you know that FX rarely slips, so, in the longer term, the slippage is really negligible.
*
Good stuff explaining...post like this inspires more worthwhile discussion than some post promoting this and that.

So, just to satisfy my curiosity, any recommended ECN accounts? I have heard of FX Open AUS, their review wasnt that bad either.
SUSAllnGap
post Nov 19 2012, 07:43 AM

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QUOTE(flipflap @ Nov 18 2012, 01:50 PM)
Hi All,

I'm a newbie here but i've been trading for awhile now. I just moved back to Malaysia. I'll try to join the discussions soon, still going through the threads.


Added on November 18, 2012, 2:10 pm

hi,

I'm new to lowyat forum, i just saw your post and just wanted to add my comment. ECN is not as bad as you think, yes, you'll need higher volume but if you're an intraday trader, it's worth considering.

For example, FXCM (http://www.fxcm.co.uk/active-trader.jsp) charges commission of about USD7 per 100k lot - which is USD 0.7 per mini lot. So, in money terms, if you trade more than USD 0.70 per pip, then it's worth considering changing already. Of course, the real savings come when you trade in even larger volume.

No idea why but lots of brokers that are advertising in M'sia have REALLY high spreads. So, I think people should be more aware of this and either move to ECN accounts or change brokers. Well, that's just my personal view.

Lastly, FYI, I'm using MT4 on a ECN type account. This is nothing new and it's been there for awhile now. Slippage is unavoidable but you'll get slippage even in non-ECN environment. However, as you know that FX rarely slips, so, in the longer term, the slippage is really negligible.
*
i'm trading on AdmiralMarkets on EU is 1pip spread(AUD=3, GBP=2) during liquid hours.

the other thing is not slippage. it's how the broker rip you off when you place orders as the price will move a pip higher or lower.

that is why i dont buy all those low spread marketing. it's fixed spread and accurate placing of bets that matters.

There is no ECN for small accounts. They can call it ECN but it's not the real ECN.
mpips
post Nov 19 2012, 10:53 AM

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QUOTE(julianljh @ Nov 17 2012, 05:09 PM)
with such huge drawdown... shakehead.gif
*
it doesn't matter as long as my ea is sustainable since dec 2009 until now.
PopIsDead
post Nov 19 2012, 11:09 AM

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EXCLUSIVE PROMOTIONS FROM FXPRIMUS ONLY FOR MY GROUP

1. 100% trading credit bonus up to USD$10000.00 (My Webpage)


2. Zero fees for Funding via Credit/Debit Card or Bank Wire until 30th Nov 2012 ( My Webpage)


3. FREE EA - to be announced ( My Webpage)


4. 1200 traders has benefited from many of our exclusive deals with the principle broker ie FXPRIMUS.



Apart from being active Introducing Broker (IB) to Fxprimus, i am an active trader as well. You can rest assure, i know what are the needs and the demands from the traders perspective. Besides i have a very good relationship with the top management of FXPRIMUS including the president. With that in mind, i believe FXPRIMUS is the the SAFEST broker for retail traders like you and me.

image: i was ranked #7 from the previous contest-% gain in a month
user posted image

To contact me
email : forexisbiz@gmail.com
skype : popisdeadfx
website : www.forexisbiz.com

This post has been edited by PopIsDead: Nov 19 2012, 11:25 AM
jack2
post Nov 19 2012, 11:23 AM

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QUOTE(PopIsDead @ Nov 19 2012, 11:09 AM)
EXCLUSIVE PROMOTIONS FROM FXPRIMUS ONLY FOR MY GROUP

1. 100% trading credit bonus up to USD$10000.00 (My Webpage)
2. Zero fees for Funding via Credit/Debit Card or Bank Wire until 30th Nov 2012 ( My Webpage)
3. FREE EA - to be announced ( My Webpage)
4. 1200 traders has benefited from many of our exclusive deals with the principle broker ie FXPRIMUS.
Apart from being active Introducing Broker (IB) to Fxprimus, i am an active trader as well. You can rest assure, i know what are the needs and the demands from the traders perspective. Besides i have a very good relationship with the top management of FXPRIMUS including the president. With that in mind, i believe FXPRIMUS is the the SAFEST broker for retail traders like you and me.

image: i was ranked #7 from the previous contest
user posted image

To contact me
email : forexisbiz@gmail.com
skype : popisdeadfx
website : www.forexisbiz.com
*
The president is Mario?
PopIsDead
post Nov 19 2012, 11:27 AM

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QUOTE(jack2 @ Nov 19 2012, 11:23 AM)
The president is Mario?
*
I know Mario, he is educational director. And i have a lot of respects for him.
BTW, Mr Terry Thompson is the president.

regards

This post has been edited by PopIsDead: Nov 19 2012, 11:29 AM
Pain4UrsinZ
post Nov 19 2012, 11:33 AM

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is forex legal in malaysia?
flipflap
post Nov 19 2012, 12:14 PM

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QUOTE(solstice818 @ Nov 18 2012, 07:25 PM)
Good stuff explaining...post like this inspires more worthwhile discussion than some post promoting this and that.

So, just to satisfy my curiosity, any recommended ECN accounts? I have heard of FX Open AUS, their review wasnt that bad either.
*
haha.. interesting that you said that, I did try to market my website but I was trying to promote trading psychology (i'm a blogger who is trying to write ebooks to sell). however, I realise that retail traders (as oppose to institutional traders) don't really care about trading psychology, so I'm slowly giving up on trying to stop ppl from gambling.. when they see the promo posts, they all get excited. blink.gif oh well.. such is life

anyway, I'm using FXCM and Axitrader.

As I mentioned on the other post, FXCM charges USD7 per 100k lot, Axi charges about AUD$7 per 100k lot. AUDUSD is near-ish parity, so they are not too much diff. I know for certain that FXCM is a safe broker (they are pretty big, i THINK they are listed in US stock exchange and they also own http://www.dailyfx.com/). Axi is an Australian regulated broker, they keep their money mainly in HSBC, so, again, pretty safe.

if you're really keen to open with them, I have a promo code where I can get cashback, happy to split the money. PM me if you're interested. And NO, I don't work for either of them but this is my marketing for today.. lol..

FX Open seem to have good rates (see link) but not sure what their commission is and don't know their background, so can't comment.

http://www.fxintel.com/

Hope that helps.


Added on November 19, 2012, 12:36 pm
QUOTE(AllnGap @ Nov 19 2012, 08:43 AM)
i'm trading on AdmiralMarkets on EU is 1pip spread(AUD=3, GBP=2) during liquid hours.

the other thing is not slippage. it's how the broker rip you off when you place orders as the price will move a pip higher or lower.

that is why i dont buy all those low spread marketing. it's fixed spread and accurate placing of bets that matters.

There is no ECN for small accounts. They can call it ECN but it's not the real ECN.
*
hey AllnGap,

I think I understand now but I also think there's some gap in what you're saying.

AdmiralMarkets is actually an ECN account too. However, there are 2 types of ECN account

- raw + spread (var commission)
- raw + commission (fix commission)

if you are on the standard account, you are paying a variable commission. This is a lot more transparent because you can see the spread and you know what you're paying. nonetheless, I have to agree with you, fix commission is less transparent and it can be quite annoying if you don't understand.

anyway, just sharing my view.

This post has been edited by flipflap: Nov 19 2012, 12:36 PM
jeanhl
post Nov 19 2012, 05:46 PM

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QUOTE(solstice818 @ Nov 18 2012, 06:25 PM)
Good stuff explaining...post like this inspires more worthwhile discussion than some post promoting this and that.

So, just to satisfy my curiosity, any recommended ECN accounts? I have heard of FX Open AUS, their review wasnt that bad either.
*
You can try pepperstone ecn. I'm using now and so far very happy with them. Their spread among the lowest you can get


Added on November 19, 2012, 5:55 pm
QUOTE(mpips @ Nov 19 2012, 10:53 AM)
it doesn't matter as long as my ea is sustainable since dec 2009 until now.
*
Actually it does matter, what's the point if you have big drawdowns and you can't withdraw the money. It's the equity growth that matters most



This post has been edited by jeanhl: Nov 19 2012, 05:55 PM
qwertyuioped
post Nov 19 2012, 09:10 PM

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guys how do you confirm trendline break? example like this one, confirm downtrend start?
» Click to show Spoiler - click again to hide... «


oh btw this broker quite nice la the spread, macam ecn. trading using the free 8$ bonus now. tongue.gif lol cheapskate. sorry guys, not advertising just wanna share.
kenjikyuki89
post Nov 19 2012, 09:23 PM

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Price is looking better this week so far, good start, if it breaks last weeks high around 1.28 we can easily go back to 1.30 area after that.. So far one higher low, however two would give a better conviction. On the other hand if it finds weakness at 1.28 to 1.2830 area then it is possible for a fall and retest of 1.2650.. More likely it will keep going up though if you ask me, technical wise and fundamentally.. Euro has issues, but the fiscal cliff is going to be on the spotlight very soon.. No matter what the US does it will negatively effect them for a while.. whether raising taxes or what not if you ask me.. The topics on this massive debt is going to have many not investing..I mean would you invest in US just before a decision on a debt that is that big..? The US index may actually crash big time.. I dont think many would invest at all.. Big investors should be the same.. way too risky.. But i guess we will all see soon enough...

Erm..just a noob opinion..

This post has been edited by kenjikyuki89: Nov 19 2012, 09:25 PM
kingkong999
post Nov 20 2012, 12:32 PM

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www.janganpeningkepala.com suggest users to register at AGEA. is it good? the spread the reliability and everything. good?
jack2
post Nov 20 2012, 12:41 PM

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QUOTE(kingkong999 @ Nov 20 2012, 12:32 PM)
www.janganpeningkepala.com suggest users to register at AGEA. is it good? the spread the reliability and everything. good?
*
Yes, it is good. Spread is very low and fast execution.
kingkong999
post Nov 20 2012, 12:51 PM

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QUOTE(jack2 @ Nov 20 2012, 12:41 PM)
Yes, it is good. Spread is very low and fast execution.
*
Thanks bro. now feel more confidence.

jack2
post Nov 20 2012, 01:18 PM

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QUOTE(kingkong999 @ Nov 20 2012, 12:51 PM)
Thanks bro. now feel more confidence.
*
No problem. You are new user?
zemmien
post Nov 20 2012, 02:11 PM

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QUOTE(kingkong999 @ Nov 20 2012, 12:51 PM)
Thanks bro. now feel more confidence.
*
Good for newcomer / amateur?
UbuntuClient
post Nov 20 2012, 02:49 PM

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Does anyone trade using Zulutrade?
kingkong999
post Nov 20 2012, 03:25 PM

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QUOTE(jack2 @ Nov 20 2012, 01:18 PM)
No problem. You are new user?
*
kinda. its good to know i am on the right track


Added on November 21, 2012, 12:51 pm
QUOTE(zemmien @ Nov 20 2012, 02:11 PM)
Good for newcomer / amateur?
*
good for newcomer? what should i look for if i am looking to go pro?


This post has been edited by kingkong999: Nov 21 2012, 12:51 PM
jack2
post Nov 21 2012, 01:26 PM

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QUOTE(kingkong999 @ Nov 20 2012, 03:25 PM)
kinda. its good to know i am on the right track


Added on November 21, 2012, 12:51 pm
good for newcomer? what should i look for if i am looking to go pro?
*
Not must be newcomer... it depends

you never use, you never know.
PopIsDead
post Nov 21 2012, 01:38 PM

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QUOTE(UbuntuClient @ Nov 20 2012, 02:49 PM)
Does anyone trade using Zulutrade?
*
i tried before,
unfortunately its a yo-yo result.
there was one time when i had a DD of -1500pips??
while the target only 10pips!

so you have to carefully selct your provider..
and closely monitor thier trading activities.
If they stated or normally take SL of 50pips, make sure they follow..and if they dont..something is wrong.
Uncopy them and move on..

ps:
i would appreciate if you can visit my My Webpage as well..who knows you might find something usefull.

regards

This post has been edited by PopIsDead: Nov 21 2012, 01:39 PM
jack2
post Nov 21 2012, 02:07 PM

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QUOTE(PopIsDead @ Nov 21 2012, 01:38 PM)
i tried before,
unfortunately its a yo-yo result.
there was one time when i had a DD of -1500pips??
while the target only 10pips!

so you have to carefully selct your provider..
and closely monitor thier trading activities.
If they stated or normally take SL of 50pips, make sure they follow..and if they dont..something is wrong.
Uncopy them and move on..

ps:
i would appreciate if you can visit my My Webpage as well..who knows you might find something usefull.

regards
*
Correct. I would say their info stated on the web for those traders are not accurate.
boyvai
post Nov 21 2012, 08:41 PM

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QUOTE(rafael_nadal @ Nov 21 2012, 05:14 PM)
Hi guys, noobie here. Wanted to create demo account in fxcm but it asked me to provide ic, passport, electric bill not sure if the link i clicked is correct or not.

Got fee fxcm websites, fxcm.com, fxcm.co.uk, fxcmasia.com, which fxcm is the correct one? Confused...
*
fxcm demo no need those document.those document for open real account.what platform u create?metatrader of trading station 2?fxcm.uk good smile.gif

celaw
post Nov 22 2012, 12:28 AM

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Hi, anyone using www.ufxmarkets.com VIP account?
FLampard
post Nov 22 2012, 07:28 AM

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hey guys newbie to forex here...i got a demo account on etoro with 10 k USD inside. i executed an open trade of BUY JPY/USD

but i dun have JPY in my demo account, how can the order be executed?

whats the diff between market order and open trade?

This post has been edited by FLampard: Nov 22 2012, 09:37 AM
boyvai
post Nov 22 2012, 07:53 AM

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QUOTE(FLampard @ Nov 22 2012, 07:28 AM)
hey guys newbie to forex here...i got a demo account on etoro with 10 k USD inside. i executed a market order of BUY JPY/USD

but i dun have JPY in my demo account, how can the order be executed?
*
look at your mt4 marketwatch folder.

btw,gj nice bull. rclxms.gif
now gj at march high.
FLampard
post Nov 22 2012, 09:34 AM

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QUOTE(boyvai @ Nov 22 2012, 07:53 AM)
look at your mt4 marketwatch folder.

btw,gj nice bull. rclxms.gif
now gj at march high.
*
sorry...i dun understand
poks
post Nov 22 2012, 12:15 PM

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nice one boyvai..
hope you are still holding on biggrin.gif

next one? gold looks like going to march up... still not to late to join..
kingkong999
post Nov 22 2012, 12:23 PM

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QUOTE(poks @ Nov 22 2012, 12:15 PM)
nice one boyvai..
hope you are still holding on  biggrin.gif

next one? gold looks like going to march up... still not to late to join..
*
i am not blaming u or anything.. last time someone from this thread says the same thing. i buy gold end up loosing 1k
poks
post Nov 22 2012, 12:38 PM

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lol ..
that's why.. you need to do your own judgement...

(*was it me who said that? hmmm... been long time i didn't touch gold.. must be me..)

This post has been edited by poks: Nov 22 2012, 12:42 PM


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kingkong999
post Nov 22 2012, 12:40 PM

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QUOTE(poks @ Nov 22 2012, 12:38 PM)
lol ..
that's why.. you need to do your own judgement...

(*was it me who said that? hmmm... been long time i didn't touch gold.. must be me..)
*
i dont remember who bro. not blaming u..ahahahahaha. just i tot i'll make quick profit but end up i lose money. ahahahahaha. no biggie can settle them later
poks
post Nov 22 2012, 12:44 PM

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lol... there are no quick profit in this area..
must do own homework...

boyvai .. still counting wave on gold?
appreciate if you can do so..

p/s: 1790 could be a problem..

This post has been edited by poks: Nov 22 2012, 12:45 PM
kingkong999
post Nov 22 2012, 12:47 PM

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QUOTE(poks @ Nov 22 2012, 12:44 PM)
lol... there are no quick profit in this area..
must do own homework...

boyvai .. still counting wave on gold?
appreciate if you can do so..

p/s: 1790 could be a problem..
*
looking forward for forex this time.. news on jpkgroup seems good for now. already done my homework and sees it as good oppurtinity. what do u think? go to my siggy and check for me and comment pls bro
solstice818
post Nov 22 2012, 12:53 PM

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QUOTE(kingkong999 @ Nov 22 2012, 12:47 PM)
looking forward for forex this time.. news on jpkgroup seems good for now. already done my homework and sees it as good oppurtinity. what do u think? go to my siggy and check for me and comment pls bro
*
Again you are relying on others. You might be get some money for few days but in long term, you will lose more than you imagine. Pick up the analyzing skill yourself.

Trust nobody but yourself.
kingkong999
post Nov 22 2012, 12:54 PM

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QUOTE(solstice818 @ Nov 22 2012, 12:53 PM)
Again you are relying on others. You might be get some money for few days but in long term, you will lose more than you imagine. Pick up the analyzing skill yourself.

Trust nobody but yourself.
*
can u suggest somewhere for me to learn real trading skills bro?
poks
post Nov 22 2012, 12:55 PM

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well ... it's a matter of personal selection or opinion.

i myself have tried to not to get anyone's opinion in my head..
btw.. if it's good for you, stick to it...

*trading can be mastered by anyone who have enough guts to fail, most stopped in the middle of the road, some make it through and now doing very well..

p/s: kingkong - went through your jpk, my conflicting view on usdcad. tayor nod.gif
btw, jpk seems like a scalper on news release... i personally won't recommend.. 1 flash news your $$$ will either in or out biggrin.gif

This post has been edited by poks: Nov 22 2012, 01:16 PM


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kingkong999
post Nov 22 2012, 01:53 PM

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QUOTE(poks @ Nov 22 2012, 12:55 PM)
well ... it's a matter of personal selection or opinion.

i myself have tried to not to get anyone's opinion in my head..
btw.. if it's good for you, stick to it...

*trading can be mastered by anyone who have enough guts to fail, most stopped in the middle of the road, some make it through and now doing very well..

p/s: kingkong - went through your jpk, my conflicting view on usdcad. tayor  nod.gif
                      btw, jpk seems like a scalper on news release... i personally won't recommend.. 1 flash news your $$$ will either in or out  biggrin.gif
*
agree. 1 news on 9.30 will decide in or out. i will post later how it goes.
UbuntuClient
post Nov 22 2012, 05:29 PM

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QUOTE(PopIsDead @ Nov 21 2012, 01:38 PM)
i tried before,
unfortunately its a yo-yo result.
there was one time when i had a DD of -1500pips??
while the target only 10pips!

so you have to carefully selct your provider..
and closely monitor thier trading activities.
If they stated or normally take SL of 50pips, make sure they follow..and if they dont..something is wrong.
Uncopy them and move on..

ps:
i would appreciate if you can visit my My Webpage as well..who knows you might find something usefull.

regards
*
Is it Raya Scalper is EA?
boyvai
post Nov 22 2012, 05:40 PM

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QUOTE(poks @ Nov 22 2012, 12:44 PM)
lol... there are no quick profit in this area..
must do own homework...

boyvai .. still counting wave on gold?
appreciate if you can do so..

p/s: 1790 could be a problem..
*
gold?
very hard to count for me.i could not understand gold market behavior lol.i do count on this pair,but really messy count as many complicated wave and alternative wave.
but from my pov it bull.but maybe got retrace a bit before continue bull?i dont know lol.
tayor nod.gif
dima
post Nov 22 2012, 06:13 PM

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QUOTE(UbuntuClient @ Nov 20 2012, 02:49 PM)
Does anyone trade using Zulutrade?
*
I am using zulutrade and copy other traders. Preety results so far. Are you a signal provider or a follower?
cmos2000
post Nov 22 2012, 10:19 PM

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QUOTE(dima @ Nov 22 2012, 06:13 PM)
I am using zulutrade and copy other traders. Preety results so far. Are you a signal provider or a follower?
*
I used zulu trader before. I select based on their history record. I won at the beginning when using small lot, but lost at the end when trading when using big lot. Lost money in average. Better trust myself.
ScamRoy
post Nov 22 2012, 11:16 PM

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Beware of this shit guy! He hav multiple fake ID in forum lowyat and like to cheat ppl. Previous was from GVF - http://www.sinchew.com.my/node/265023?tid=1

Forum ID : Watever123,vlynn-662...etc
http://forum.lowyat.net/user/Watever123
http://forum.lowyat.net/index.php?showuser=313700

He Facebook
https://www.facebook.com/roy.ng.7399?flying...ster=ts&fref=ts

Replied from Inforal Company!!!
user posted image

This post has been edited by ScamRoy: Nov 23 2012, 07:41 PM
smartpoint
post Nov 22 2012, 11:34 PM

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QUOTE(ScamRoy @ Nov 23 2012, 12:16 AM)
Beware of this shit guy! He hav multiple fake ID in forum lowyat and like to cheat ppl. Previous was from GVF - http://www.sinchew.com.my/node/265023?tid=1 

Forum ID : Watever123,vlynn-662...etc
http://forum.lowyat.net/user/Watever123
http://forum.lowyat.net/index.php?showuser=313700

He Facebook
https://www.facebook.com/roy.ng.7399?flying...ster=ts&fref=ts

Replied from Inforal Company!
user posted image
*
You're victim too? I also cheat by him...really damm! He use fake ID told me " She is 39 years old auntie....have invest in ACMwest RM50k... one month average 40%. Already invest more than 7 or 8 month " I believe it ,then start invest in ACMWest 1000usd= RM 3300 let him trade for a try. Guess what within 4 days account almost MC, then I faster withdraw the left balance inside. After that, myself trade in Admiral MKT within 2 weeks already recover what he lose in ACM!Now for me never ever trust fund manager.Can't be trusted claim themselves one month can make 40%....totally fake one!
kingkong999
post Nov 22 2012, 11:41 PM

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QUOTE(kingkong999 @ Nov 22 2012, 01:53 PM)
agree. 1 news on 9.30 will decide in or out. i will post later how it goes.
*
Its all good for EUR. you guys can see on jpk facebook too. i use the same broker but lazy to make screenshot and all... (not computer literate) so i just put here the link so you can see the admin showing the news movement predicted by him on jpkgroup and the real chart movement

https://www.facebook.com/janganpeningkepala

btw CAD also goes up accordingly but not that much. i dont know its luck or what...


Added on November 22, 2012, 11:45 pm
QUOTE(poks @ Nov 22 2012, 12:55 PM)
well ... it's a matter of personal selection or opinion.

i myself have tried to not to get anyone's opinion in my head..
btw.. if it's good for you, stick to it...

*trading can be mastered by anyone who have enough guts to fail, most stopped in the middle of the road, some make it through and now doing very well..

p/s: kingkong - went through your jpk, my conflicting view on usdcad. tayor  nod.gif
                      btw, jpk seems like a scalper on news release... i personally won't recommend.. 1 flash news your $$$ will either in or out  biggrin.gif
*
sorry i quote u. just want u to see the my previous post. i dont know how to note u.. ahahaha.. still noob. if i pm u i scared mod say i am trying to scam people. i heard a lot of people get banned for that unsure.gif

This post has been edited by kingkong999: Nov 22 2012, 11:45 PM
boyvai
post Nov 22 2012, 11:55 PM

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QUOTE(FLampard @ Nov 22 2012, 09:34 AM)
sorry...i dun understand
*
click at market watch.it will shown u pair that broker offer/tradeable
poks
post Nov 23 2012, 07:29 AM

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QUOTE(kingkong999 @ Nov 22 2012, 11:41 PM)
sorry i quote u. just want u to see the my previous post. i dont know how to note u.. ahahaha.. still noob. if i pm u i scared mod say i am trying to scam people. i heard a lot of people get banned for that unsure.gif
lol...
take your time to learn... i've been through same thing also..
i listen to popular opinions.. resulting in loss of $$$$.. sweat.gif

but all in all.. it's a good tuition fees...
now taking it easy... 1 month only 1 position ... haiyaa .. lol biggrin.gif

**now looking at gold... boyvoi, gbpjpy not looking healthy.. it's having flu & might want to cover nose biggrin.gif
boyvai
post Nov 23 2012, 07:45 AM

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QUOTE(poks @ Nov 23 2012, 07:29 AM)
lol...
take your time to learn... i've been through same thing also..
i listen to popular opinions.. resulting in loss of $$$$.. sweat.gif

but all in all.. it's a good tuition fees...
now taking it easy... 1 month only 1 position ... haiyaa .. lol  biggrin.gif

**now looking at gold... boyvoi, gbpjpy not looking healthy.. it's having flu & might want to cover nose  biggrin.gif
*
indeed.gbp/jpy now on correction wave a,b,c?
waiting retracment until 129.xxx/128.xxx to enter long again lol.

This post has been edited by boyvai: Nov 23 2012, 07:50 AM
Ash1988
post Nov 23 2012, 09:04 AM

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Gold seems shooting up....
kingkong999
post Nov 23 2012, 01:02 PM

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QUOTE(poks @ Nov 23 2012, 07:29 AM)
lol...
take your time to learn... i've been through same thing also..
i listen to popular opinions.. resulting in loss of $$$$.. sweat.gif

but all in all.. it's a good tuition fees...
now taking it easy... 1 month only 1 position ... haiyaa .. lol  biggrin.gif

**now looking at gold... boyvoi, gbpjpy not looking healthy.. it's having flu & might want to cover nose  biggrin.gif
*
good tuition fees? where do u learn trading?
poks
post Nov 23 2012, 02:18 PM

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reading & experience biggrin.gif

1) candlestick
2) patterns

good tuition fees = losing money due to listening to others, not cutting loss quick, hoping move will reverse, just don't want to take loss...
laugh.gif

This post has been edited by poks: Nov 23 2012, 02:19 PM
HuiChyr
post Nov 23 2012, 02:37 PM

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Hi guys, Newbie here. How do u guys do forex? I know forex is illegal in Msia. Mayb taiko here can recommend good, trusted website or agent. Many THX!
long2292
post Nov 23 2012, 02:40 PM

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Pls advise is Oanda Forex Trading is good?
Oanda.com
kingkong999
post Nov 23 2012, 03:20 PM

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QUOTE(poks @ Nov 23 2012, 02:18 PM)
reading & experience  biggrin.gif

1) candlestick
2) patterns

good tuition fees = losing money due to listening to others, not cutting loss quick, hoping move will reverse, just don't want to take loss...
laugh.gif
*
ahahahahahhaha.. i understand that part. i'v been paying a lot for my tuition fees too i guess
ScamRoy
post Nov 23 2012, 07:44 PM

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QUOTE(ScamRoy @ Nov 22 2012, 11:16 PM)
Beware of this shit guy! He hav multiple fake ID in forum lowyat and like to cheat ppl. Previous was from GVF - http://www.sinchew.com.my/node/265023?tid=1 

Forum ID : Watever123,vlynn-662...etc
http://forum.lowyat.net/user/Watever123
http://forum.lowyat.net/index.php?showuser=313700

He Facebook
https://www.facebook.com/roy.ng.7399?flying...ster=ts&fref=ts

Replied from Inforal Company!!!
user posted image
*
Bump!!!
dima
post Nov 23 2012, 08:28 PM

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QUOTE(cmos2000 @ Nov 22 2012, 10:19 PM)
I used zulu trader before. I select based on their history record. I won at the beginning when using small lot, but lost at the end when trading when using big lot. Lost money in average. Better trust myself.
*
Or maybe try to pick up better traders next time smile.gif Btw have you checked their new website lately? They released a beta version of it packed with new features too , like zuluguard which helps you protect your account.
boyvai
post Nov 23 2012, 08:49 PM

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elliott wave count on gbp/jpy tf 1h.next week count.
currently on correction wave.
tayor.
Attached Image
kingkong999
post Nov 23 2012, 08:54 PM

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QUOTE(dima @ Nov 23 2012, 08:28 PM)
Or maybe try to pick up better traders next time smile.gif Btw have you checked their new website lately? They released a beta version of it packed with new features too , like zuluguard which helps you protect your account.
*
i ll skip zulutrade. its like some scam website for me. i know they got license and all but its like a new business scheme scam.
lololo666
post Nov 23 2012, 11:19 PM

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QUOTE(cmos2000 @ Nov 22 2012, 10:19 PM)
I used zulu trader before. I select based on their history record. I won at the beginning when using small lot, but lost at the end when trading when using big lot. Lost money in average. Better trust myself.
*
I am using zulutrade and for a second consequitive year - the platform is great - one can actually make as much money as everybody is sayin icon_idea.gif
poks
post Nov 24 2012, 12:13 AM

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Oh my. Gold went up..
Missed again. Lol.. Same as usdcad..
Should have cancelled my other things..
Hopefully you guys went in.
boyvai
post Nov 24 2012, 12:32 AM

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QUOTE(poks @ Nov 24 2012, 12:13 AM)
Oh my. Gold went up..
Missed again. Lol.. Same as usdcad..
Should have cancelled my other things..
Hopefully you guys went in.
*
next wext catch back?lol i dont know
~gbp/jpy wave b in progress tongue.gif
solstice818
post Nov 24 2012, 12:45 AM

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QUOTE(boyvai @ Nov 23 2012, 08:49 PM)
elliott wave count on gbp/jpy tf 1h.next week count.
currently on correction wave.
tayor.
Attached Image
*
boyvai, any elliot wave count for EURUSD that just rocketed into the sky like nobody business? laugh.gif laugh.gif
Thanks


Added on November 24, 2012, 12:46 am
QUOTE(poks @ Nov 24 2012, 12:13 AM)
Oh my. Gold went up..
Missed again. Lol.. Same as usdcad..
Should have cancelled my other things..
Hopefully you guys went in.
*
I missed it too. It's okay... Friday is dangerous tongue.gif Better to sit out than to dive in recklessly!

This post has been edited by solstice818: Nov 24 2012, 12:46 AM
boyvai
post Nov 24 2012, 12:53 AM

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this.wave c.past count on 13 nov
Attached Image


Added on November 24, 2012, 12:56 amrefer page 3

update
wave a,b,c yellow.wave c yellow at 127% fibo expansion.
wave 5 white inside construction of wave c yellow,wave 5 white barely hit 61.8% fibo expansion.
Divergence.ending of wave 4?go~!ship off already lol.
Attached Image

This post has been edited by boyvai: Nov 24 2012, 01:25 AM
Ash1988
post Nov 24 2012, 02:23 AM

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finally gold up...


Added on November 24, 2012, 2:24 am
QUOTE(poks @ Nov 24 2012, 12:13 AM)
Oh my. Gold went up..
Missed again. Lol.. Same as usdcad..
Should have cancelled my other things..
Hopefully you guys went in.
*
luckily it went up....

This post has been edited by Ash1988: Nov 24 2012, 02:24 AM
poks
post Nov 24 2012, 01:34 PM

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QUOTE(Ash1988 @ Nov 24 2012, 02:23 AM)
luckily it went up....
Not sure What luck got to do with it. Lol

But hopefully kingkong got his 1k back.
He he.
Happy weekend.
Amal
post Nov 24 2012, 02:27 PM

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Bought 3 units of EUR/USD on the 20th while it is at 1.28109.. Now it is at 1.29735..

Too bad it's a micro account.. damn..
Only earned $4.93.. lol tongue.gif
sapapa
post Nov 24 2012, 09:57 PM

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JPY rise to 90 by next year end, AUD fall to .90 by next year end
poks
post Nov 25 2012, 12:00 PM

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QUOTE(sapapa @ Nov 24 2012, 09:57 PM)
JPY rise to 90 by next year end, AUD fall to .90 by next year end
*
Who ever willing to trade 1 year period?
Too general... Any thing can happen in 1 year for jpy.
It may not even need to wait for next year end to reach 90 for jpy.

Lol. As usual eh sapapa. Still giving class?
Ash1988
post Nov 25 2012, 08:00 PM

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QUOTE(poks @ Nov 25 2012, 12:00 PM)
Who ever willing to trade 1 year period?
Too general... Any thing can happen in 1 year for jpy.
It may not even need to wait for next year end to reach 90 for jpy.

Lol. As usual eh sapapa. Still giving class?
*
rclxms.gif rclxms.gif
sapapa
post Nov 26 2012, 12:50 AM

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QUOTE(poks @ Nov 25 2012, 12:00 PM)
Who ever willing to trade 1 year period?
Too general... Any thing can happen in 1 year for jpy.
It may not even need to wait for next year end to reach 90 for jpy.

Lol. As usual eh sapapa. Still giving class?
*
Yea, as a part-time since I have a full-time job smile.gif
poks
post Nov 26 2012, 06:32 AM

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QUOTE(sapapa @ Nov 26 2012, 12:50 AM)
Yea, as a part-time since I have a full-time job smile.gif
*
Good ahh...
Good to see young people do extra..

I see bullish move on nzdusd & others.
Nzdusd weekly chart is good.
tyrons
post Nov 26 2012, 02:38 PM

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Hello all!

I have been reading about forex trading since 2 months ago and started a demo account with fxcm but I am still a noob and not able to grasp the basic yet.

Anywhere online or books that I can read to further understand?

Thanks!
klaatu08
post Nov 26 2012, 03:08 PM

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QUOTE(tyrons @ Nov 26 2012, 02:38 PM)
Hello all!

I have been reading about forex trading since 2 months ago and started a demo account with fxcm but I am still a noob and not able to grasp the basic yet.

Anywhere online or books that I can read to further understand?

Thanks!
*
School of Pipsology thumbup.gif
tyrons
post Nov 26 2012, 05:22 PM

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QUOTE(klaatu08 @ Nov 26 2012, 03:08 PM)
And where is that? hmm.gif
kingkong999
post Nov 26 2012, 05:52 PM

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QUOTE(tyrons @ Nov 26 2012, 02:38 PM)
Hello all!

I have been reading about forex trading since 2 months ago and started a demo account with fxcm but I am still a noob and not able to grasp the basic yet.

Anywhere online or books that I can read to further understand?

Thanks!
*
i suggest you www.janganpeningkepala.com
see my siggy. thats for advance trading. for ameteur u might want to go to babypips.com


Added on November 26, 2012, 5:53 pm
QUOTE(poks @ Nov 24 2012, 01:34 PM)
Not sure What luck got to do with it. Lol

But hopefully kingkong got his 1k back.
He he.
Happy weekend.
*
ahahahhaha.. chill la bro. its just money. we gain and loss at one point in our life.

This post has been edited by kingkong999: Nov 26 2012, 05:53 PM
eToro Team
post Nov 26 2012, 06:59 PM

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QUOTE(FLampard @ Nov 22 2012, 07:28 AM)
hey guys newbie to forex here...i got a demo account on etoro with 10 k USD inside. i executed an open trade of BUY JPY/USD

but i dun have JPY in my demo account, how can the order be executed?

whats the diff between market order and open trade?
*
Hi Flampard,

The way forex works is that when you exchange one currency for another, for example USD for JPY, you always sell one currency and buy anotherl. If you buy JPY/USD, you are buying JPY and selling USD, with the intention of selling JPY back for USD in the interest of making a profit when the price of the JPY currency goes up. You can also choose to sell JPY for USD, in the interest of buying it back when the price of the JPY currency goes down, thus making a profit as well.

When you exchange JPY for USD, or USD for JPY, you don't need to have both currencies in your account, just the USD currency will do since you're trading it for the other one. Even when you're trading non USD based pairs, such as GBP/JPY for example, the currency rates are calculated in their relation to the USD, which is why they're called "cross currency pairs".

You can learn more about the basics of forex trading by reading our free trading guides: http://www.etoro.com/education/

Hope this helps!

Andy, eToro Team
kingkong999
post Nov 26 2012, 07:31 PM

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QUOTE(eToro Team @ Nov 26 2012, 06:59 PM)
Hi Flampard,

The way forex works is that when you exchange one currency for another, for example USD for JPY, you always sell one currency and buy anotherl. If you buy JPY/USD, you are buying JPY and selling USD, with the intention of selling JPY back for USD in the interest of making a profit when the price of the JPY currency goes up. You can also choose to sell JPY for USD, in the interest of buying it back when the price of the JPY currency goes down, thus making a profit as well.

When you exchange JPY for USD, or USD for JPY, you don't need to have both currencies in your account, just the USD currency will do since you're trading it for the other one. Even when you're trading non USD based pairs, such as GBP/JPY for example, the currency rates are calculated in their relation to the USD, which is why they're called "cross currency pairs".

You can learn more about the basics of forex trading by reading our free trading guides: http://www.etoro.com/education/

Hope this helps!

Andy, eToro Team
*
eToro got malaysia branch? or what?

klaatu08
post Nov 26 2012, 08:46 PM

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QUOTE(tyrons @ Nov 26 2012, 05:22 PM)
And where is that?  hmm.gif
*
Just click the link provided sweat.gif

This post has been edited by klaatu08: Nov 26 2012, 08:47 PM
FLampard
post Nov 26 2012, 09:41 PM

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QUOTE(eToro Team @ Nov 26 2012, 06:59 PM)
Hi Flampard,

The way forex works is that when you exchange one currency for another, for example USD for JPY, you always sell one currency and buy anotherl. If you buy JPY/USD, you are buying JPY and selling USD, with the intention of selling JPY back for USD in the interest of making a profit when the price of the JPY currency goes up. You can also choose to sell JPY for USD, in the interest of buying it back when the price of the JPY currency goes down, thus making a profit as well.

When you exchange JPY for USD, or USD for JPY, you don't need to have both currencies in your account, just the USD currency will do since you're trading it for the other one. Even when you're trading non USD based pairs, such as GBP/JPY for example, the currency rates are calculated in their relation to the USD, which is why they're called "cross currency pairs".

You can learn more about the basics of forex trading by reading our free trading guides: http://www.etoro.com/education/

Hope this helps!

Andy, eToro Team
*
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?
solstice818
post Nov 27 2012, 01:38 AM

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Ok, I guess I am noobie in forex but what is etoro? My fingers are too lazy to move around to click google search
UbuntuClient
post Nov 27 2012, 09:37 AM

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From: /puchong/cyberjaya/klang



Expected to be down at 5PM. Hopefully.. rclxms.gif rclxms.gif

Attached Image
Shah.Legno
post Nov 27 2012, 09:55 AM

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QUOTE(UbuntuClient @ Nov 27 2012, 09:37 AM)
Expected to be down at 5PM. Hopefully..  rclxms.gif  rclxms.gif

Attached Image
*
How you know it will down?

you analysis technical or fundamental?
jack2
post Nov 27 2012, 10:12 AM

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QUOTE(Shah.Legno @ Nov 27 2012, 09:55 AM)
How you know it will down?

you analysis technical or fundamental?
*
Interested to know too... LoL rclxm9.gif
mkr2x91
post Nov 27 2012, 10:37 PM

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Teach me masta biggrin.gif
Shah.Legno
post Nov 28 2012, 12:28 AM

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QUOTE(UbuntuClient @ Nov 27 2012, 09:37 AM)
Expected to be down at 5PM. Hopefully..  rclxms.gif  rclxms.gif

Attached Image
*
It seems many people here want to know your trading strategy...

hope you can explained about it here in detail...

we appreciate your effort... smile.gif

This post has been edited by Shah.Legno: Nov 28 2012, 12:29 AM
kenjikyuki89
post Nov 28 2012, 01:08 AM

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QUOTE(solstice818 @ Nov 27 2012, 01:38 AM)
Ok, I guess I am noobie in forex but what is etoro? My fingers are too lazy to move around to click google search
*
Look on the video
tyrons
post Nov 28 2012, 09:36 AM

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fxcm or oanda or etoro is good for beginners?
Shah.Legno
post Nov 28 2012, 12:49 PM

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For those interested to know my trading style...

so i shared it here..


user posted image


it's the combination of RSX, Auto Trendlines, BB+MA & Murrey"s Math Trading Frame...

hope other trader can share here what your trading setup looks a like...smile.gif


This post has been edited by Shah.Legno: Nov 28 2012, 12:50 PM
UbuntuClient
post Nov 28 2012, 02:58 PM

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SnR and Fibo only.
Attached Image

This post has been edited by UbuntuClient: Nov 28 2012, 03:02 PM
boyvai
post Nov 28 2012, 07:31 PM

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QUOTE(boyvai @ Nov 23 2012, 08:49 PM)
elliott wave count on gbp/jpy tf 1h.next week count.
currently on correction wave.
tayor.
Attached Image
*
update gbp/jpy tf 1 hour.
Attached Image
excuse the sell.im just testing new indi lol.demo only.
tayor
kenjikyuki89
post Nov 28 2012, 07:34 PM

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QUOTE(tyrons @ Nov 28 2012, 09:36 AM)
fxcm or oanda or etoro is good for beginners?
*
For me is etoro...xD maybe other ppl opinions are different...hehe

dewVP
post Nov 29 2012, 12:12 AM

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Anyone heard of midco fx before?
Shah.Legno
post Nov 29 2012, 09:17 AM

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From: Bollinger On Bollinger Bands,Kuala Lumpur


QUOTE(UbuntuClient @ Nov 28 2012, 02:58 PM)
SnR and Fibo only.
Attached Image
*
Good technique u got there.. thumbup.gif

How u know at 5 PM the EU will come down?

How you make a detail analysis of positive & negative impact of the fundamental?
yshon
post Nov 29 2012, 06:27 PM

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QUOTE(tyrons @ Nov 28 2012, 09:36 AM)
fxcm or oanda or etoro is good for beginners?
*
personally i trade with oanda for 3 years, quite ok. never try etoro.
dewVP
post Nov 30 2012, 01:09 AM

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QUOTE(dewVP @ Nov 29 2012, 12:12 AM)
Anyone heard of midco fx before?
*
Anyone?
flipflap
post Nov 30 2012, 09:07 AM

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QUOTE(yshon @ Nov 29 2012, 07:27 PM)
personally i trade with oanda for 3 years, quite ok. never try etoro.
*
I think etoro has pretty high spreads


Added on November 30, 2012, 9:09 am
QUOTE(solstice818 @ Nov 27 2012, 02:38 AM)
Ok, I guess I am noobie in forex but what is etoro? My fingers are too lazy to move around to click google search
*
lol.. at least you're honest about being lazy.. tongue.gif


Added on November 30, 2012, 9:16 am
QUOTE(tyrons @ Nov 26 2012, 03:38 PM)
Hello all!

I have been reading about forex trading since 2 months ago and started a demo account with fxcm but I am still a noob and not able to grasp the basic yet.

Anywhere online or books that I can read to further understand?

Thanks!
*
try http://www.babypips.com/school/

everything up to Grade 2 is a must read. Personally, I'd recommend Grade 3-4 but would ignore Grade 5. Read all of them a few times before moving to higher grades.
There's no fix rules to this but be careful not to overload yourself.

This post has been edited by flipflap: Nov 30 2012, 09:16 AM
Shah.Legno
post Nov 30 2012, 11:17 AM

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From: Bollinger On Bollinger Bands,Kuala Lumpur


Lately i just found a new way of trading..it's a social Trading platform by XEmarkets...

i already try the demo for 1 week...& it give me a good results, quiet profitable, because you can choose & copy trade trading strategies by any top trader in ranking...anyone interested can try it...

you can go to the site by link below..

XE Markets Mirror Trader

Some screenshot from my monitor

user posted image



XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.

ScamRoy
post Nov 30 2012, 08:36 PM

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QUOTE(ScamRoy @ Nov 22 2012, 11:16 PM)
Beware of this shit guy! He hav multiple fake ID in forum lowyat and like to cheat ppl. Previous was from GVF - http://www.sinchew.com.my/node/265023?tid=1 

Forum ID : Watever123,vlynn-662...etc
http://forum.lowyat.net/user/Watever123
http://forum.lowyat.net/index.php?showuser=313700

He Facebook
https://www.facebook.com/roy.ng.7399?flying...ster=ts&fref=ts

Replied from Inforal Company!!!
user posted image
*
Bump!!!
Ash1988
post Dec 1 2012, 10:48 AM

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QUOTE(Shah.Legno @ Nov 30 2012, 11:17 AM)
Lately i just found a new way of trading..it's a social Trading platform by XEmarkets...

i already try the demo for 1 week...& it give me a good results, quiet profitable, because you can choose & copy trade trading strategies by any top trader in ranking...anyone interested can try it...

you can go to the site by link below..

XE Markets Mirror Trader

Some  screenshot from my monitor

user posted image
XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your  trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.
*
Nice Chart


Added on December 1, 2012, 10:51 am
QUOTE(Shah.Legno @ Nov 30 2012, 11:17 AM)
Lately i just found a new way of trading..it's a social Trading platform by XEmarkets...

i already try the demo for 1 week...& it give me a good results, quiet profitable, because you can choose & copy trade trading strategies by any top trader in ranking...anyone interested can try it...

you can go to the site by link below..

XE Markets Mirror Trader

Some  screenshot from my monitor

user posted image
XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your  trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.
*
How good is tihis?

This post has been edited by Ash1988: Dec 1 2012, 10:51 AM
kuance
post Dec 1 2012, 02:56 PM

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sorry guys for asking some question here.. lately i am into trading forex... But in malaysia, I want to find a RELIABLE broker as i know many scamming company offering forex trading....

Is there any GOOD/SECURE/RELIABLE forex broker which use MT4 and also LOW pips spread cost?
Ash1988
post Dec 1 2012, 04:28 PM

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QUOTE(kuance @ Dec 1 2012, 02:56 PM)
sorry guys for asking some question here.. lately i am into trading forex... But in malaysia, I want to find a RELIABLE broker as i know many scamming company offering forex trading....

Is there any GOOD/SECURE/RELIABLE forex broker which use MT4 and also LOW pips spread cost?
*
There is no forex office in malaysia...the reliable and common use in malaysian normally is FXCM
taerii
post Dec 1 2012, 05:23 PM

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I'm interested in starting forex, I want to start out small with a micro/mini account. Any tips from all the sifus out there biggrin.gif Like trusted brokers and all and how much capital I need?
solstice818
post Dec 1 2012, 08:55 PM

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QUOTE(Shah.Legno @ Nov 30 2012, 11:17 AM)
Lately i just found a new way of trading..it's a social Trading platform by XEmarkets...

i already try the demo for 1 week...& it give me a good results, quiet profitable, because you can choose & copy trade trading strategies by any top trader in ranking...anyone interested can try it...

you can go to the site by link below..

XE Markets Mirror Trader

Some  screenshot from my monitor

user posted image
XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your  trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.
*
Sounds like ZuluTrade? more and more copy trade sites these days


Added on December 1, 2012, 8:57 pm
QUOTE(taerii @ Dec 1 2012, 05:23 PM)
I'm interested in starting forex, I want to start out small with a micro/mini account. Any tips from all the sifus out there biggrin.gif Like trusted brokers and all and how much capital I need?
*
Let's try out with $100 and see if u can maintain the account for one month(at least)....


Added on December 1, 2012, 8:59 pm
QUOTE(Shah.Legno @ Nov 28 2012, 12:49 PM)
For those interested to know my trading style...

so i shared it here..


user posted image
it's the combination of RSX, Auto Trendlines, BB+MA & Murrey"s Math Trading Frame...

hope other trader can share here what your trading setup looks a like...smile.gif

*
Breakout and Candlestick only. NAKED charts most of the time smile.gif

This post has been edited by solstice818: Dec 1 2012, 08:59 PM
kuance
post Dec 2 2012, 08:04 AM

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QUOTE(Ash1988 @ Dec 1 2012, 04:28 PM)
There is no forex office in malaysia...the reliable and common use in malaysian normally is FXCM
*
can u mind to share more information to me how can i create an account with FXCM, trade with it... and also regarding the deposit/withdrawal?

Anyone care enough to give me some information of it?
cresender
post Dec 2 2012, 11:43 AM

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Hi, what are the min deposit require for fxopen and instaforex?
Shah.Legno
post Dec 2 2012, 03:43 PM

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From: Bollinger On Bollinger Bands,Kuala Lumpur


QUOTE(Ash1988 @ Dec 1 2012, 10:48 AM)
Nice Chart


Added on December 1, 2012, 10:51 am
How good is tihis?
*
you can test the Demo first...after that you can see...how good is it.. icon_rolleyes.gif
SUSMNet
post Dec 2 2012, 05:08 PM

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QUOTE(cresender @ Dec 2 2012, 11:43 AM)
Hi, what are the min deposit require for fxopen and instaforex?
*
this broker spread is too high

y not chose low spread broker?
taerii
post Dec 2 2012, 09:03 PM

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Etoro reliable?
BeyondAlen93
post Dec 2 2012, 10:46 PM

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From: Subang Jaya


QUOTE(Shah.Legno @ Nov 30 2012, 11:17 AM)
Lately i just found a new way of trading..it's a social Trading platform by XEmarkets...

i already try the demo for 1 week...& it give me a good results, quiet profitable, because you can choose & copy trade trading strategies by any top trader in ranking...anyone interested can try it...

you can go to the site by link below..

XE Markets Mirror Trader

Some  screenshot from my monitor

user posted image
XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your  trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.
*
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
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?
*
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?
*
hi...
minimum deposit for Instaforex is usd 1.
thank you.
Shah.Legno
post Dec 3 2012, 01:06 PM

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From: Bollinger On Bollinger Bands,Kuala Lumpur


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
*
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!
*
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?
*
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?
*
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?
*
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?
*
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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From: Bangi, Cyberjaya, Damansara, Singapore


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
*
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..
*
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
*
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! =)
*
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?
*
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
*
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
*
Ok sure, your welcome & goodluck in your trading.. thumbup.gif
BeyondAlen93
post Dec 6 2012, 07:26 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?
*
I tried to use Demo too but always incorrect so i use Live

chetz
post Dec 6 2012, 08:17 PM

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QUOTE(gaTO @ Dec 6 2012, 10:40 AM)
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..
*
Buying a car is not a problem.. form a company and dump your income in the company bank account.. open an account with kwsp as well and contribute monthly.. buy usually the income statement is enough..

buying a house is a little bit tricky.. which i learn 2 years back.. all your income statement payslip and all is just a supporting document.. the most important is your EA form.. income tax.. seek consultation from your hire purchased officer to calculate how much you should earn per year for you to buy your desired house.. then kawtim your income tax.. nod.gif

This post has been edited by chetz: Dec 6 2012, 08:18 PM
InstaForex Kuala Lumpur
post Dec 7 2012, 05:35 PM

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Hello hi, I have a question,can we open forex broker thread?
Darkmage12
post Dec 7 2012, 05:44 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(InstaForex Kuala Lumpur @ Dec 7 2012, 05:35 PM)
Hello hi, I have a question,can we open forex broker thread?
*
Obviously you can't
InstaForex Kuala Lumpur
post Dec 7 2012, 05:55 PM

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QUOTE(Darkmage12 @ Dec 7 2012, 05:44 PM)
Obviously you can't
*
i see, tq for ur reply
chetz
post Dec 8 2012, 01:06 AM

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QUOTE(InstaForex Kuala Lumpur @ Dec 7 2012, 05:35 PM)
Hello hi, I have a question,can we open forex broker thread?
*
yupe we all would love too.. but too bad, admin & moderator won't allow it.. notworthy.gif
cwinson2390
post Dec 8 2012, 01:19 AM

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Forex learn to trade first before investing

This post has been edited by cwinson2390: Dec 8 2012, 01:44 AM
Scamtohell
post Dec 8 2012, 01:40 AM

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PEOPLE PLEASE DON'T LISTEN OR APPROACH ANY OF FOREX RELATED AGENCY OR PLATFORM MENTIONING HIGH RETURN ESPECIALLY THE HEXTRADE, LIBERTY SOLUTION, HEXAGON FINANCIAL

I AM A VICTIM AS MY FRIEND HAD CONVINCED ME TO JOIN IT, I AM IN FULL HOPE ALL MASTER IB AND MY FRIEND,THEY WILL SUFFER IN LIFE TO COME ,THEIR FUTURE AND GENERATIONS, THEY WILL PAY FOR WHAT THEY DO.NOW MY FRIEND EVEN START TO AVOID MY CALLS AND KEEP ASKING ME TO TOP UP ADDITIONAL FUND IN ORDER FOR ME TO WITHDRAW THE AMOUNT. I INVESTED AN AMOUNT OF RM8000. ITS REALLY MY FAULT AND GREED NOT TO STUDY DEEPLY AND FALL INTO THE TRAP. AND ONE DAY AFTER I INVESTED THE AMOUNT I WONDER WHY I DEPOSIT IT , AND THEY MUST HAD SEDUCED ME WITH SOME KIND OF MIND TRAPPING SKILLS. THOSE PEOPLE BEHIND ARE FROM THE SAME GVF TEAM AND OTHER ILLEGAL BROKER SCHEME COMPANY


I AM PRETTY SURE THE AMOUNT INVESTED IS NOT INTO FOREX ACCOUNT, THEY HAD USED THEIR MONEY FOR THEIR OWN PURPOSE USAGE.

I WILL REPORT THIS CASE TO BANK NEGARA MALAYSIA, POLICE HEADQUATERS, KPDNKK,

TOUGH TO THOSE VICTIM OUT THERE IS THERE ANY POSSIBILITY THAT YOU AND I DO GET BACK THE HARD EARN MONEY ?

ITS REALLY IN HEART PAIN TO SEE YOUR MONEY VANISH IN WEEKS

ONCE AGAIN I URGE NOT TO LISTEN ANY FAST EARNING SCHEME OUT THERE THAT IS NOT PROTECTED UNDER BANK NEGARA MALAYSIA OR PIDM.

I DO HOPE THE GOVERNMENT AND HIGH AUTHORITY WOULD SOLVE THIS CASE ONCE AND FOR ALL

mchicken
post Dec 8 2012, 04:25 AM

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I can feel a lot of anger there. First of all, I should say you trusted a wrong person and shouldn't dump your money in before doing any research about the company. We had tried to advice people not to join this GVF thingy in our previous post, but some still insist not to listen to our advices. This GVF works like mlm style or piramid scheme, just that they modified/cover it with forex trading, where you put money in, follow signal, look for downline, the more downline you got, more return commission you got.....etc etc. people just don't listen until the scheme busted!

Sad for you and your hard earn money, I believe a lot got their money scammed.

But what we discuss here are all about strategies, skills, and techniques/studies of trading, like fib, MA, ichimoku, plot graph, etc etc. It's up to you to follow. That's why some of us here put, TAYOR, trade on your own risk. Take it or leave it it's up to you! When you earn money, you happily quietly cash out your money, we get nothing, that's fine. But when you lose money, you blame everyone in this thread, brokers, signal providers, strategies and techniques sharer, that's not right! You must blame yourself first! And you may ignore all those brokers that looking for business here.

Just MHO, take it or leave it, don't shoot me! Peace!

This post has been edited by mchicken: Dec 8 2012, 04:28 AM
poks
post Dec 8 2012, 08:17 AM

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From: Ppg, Sbh.


Mchicken lol!

Anyway, Most of us trade our own money here.
Some copy trader some are hard learner.
Trading is never easy, but never hard also.

Teach yourself trading today and you'll trade through your life---
Get people to trade for you, you'll be topping up till you become bankrupt --

Btw, gold look good to long.
stephanh2o
post Dec 8 2012, 02:18 PM

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hi i am new here... hv someting to ask about forex.. did forex is legal now in malaysia... last time want i interest in forex do some research.. find out that is illegal..
cwinson2390
post Dec 8 2012, 03:35 PM

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Forex non stop

This post has been edited by cwinson2390: Dec 8 2012, 03:36 PM
Scamtohell
post Dec 8 2012, 03:37 PM

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QUOTE(stephanh2o @ Dec 8 2012, 02:18 PM)
hi i am new here... hv someting to ask about forex.. did forex is legal now in malaysia...  last time want i interest in forex do some research.. find out that is illegal..
*
Never ever joined any Forex Activity not under Bank Negara Approval or PIDM and make sure the invested value account is with the Bank Approval from Malaysia not any virtual MT4 Account or Website

Forex is illegal and not approved in Malaysia

Foreign Exchange Currency through Malaysia Banking is legal !!

Please approach the bank instead of any Rubbish Broker
jack2
post Dec 8 2012, 04:57 PM

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QUOTE(Scamtohell @ Dec 8 2012, 03:37 PM)
Never ever joined any Forex Activity not under Bank Negara Approval or PIDM and make sure the invested value account is with the Bank Approval from Malaysia not any virtual MT4 Account or Website

Forex is illegal and not approved in Malaysia

Foreign Exchange Currency through Malaysia Banking is legal !!

Please approach the bank instead of any Rubbish Broker
*
First post you opened and wrote you kena scammed RM8k, 2nd post so fast expressed forex is rubbish?
solstice818
post Dec 8 2012, 06:47 PM

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From: The Far Away Venus Status: Being Insua-fied


QUOTE(Scamtohell @ Dec 8 2012, 03:37 PM)
Never ever joined any Forex Activity not under Bank Negara Approval or PIDM and make sure the invested value account is with the Bank Approval from Malaysia not any virtual MT4 Account or Website

Forex is illegal and not approved in Malaysia

Foreign Exchange Currency through Malaysia Banking is legal !!

Please approach the bank instead of any Rubbish Broker
*
Know your facts. Please......

And btw why contradict yourself, first saying forex activity under Bank Negera is ok then say Forex is totally illegal. Which is which?

That's why i always SAY, LEARN YOURSELF, dont simply believe those high returns shit. I would rather use the Rm8000 to try various EA laugh.gif tongue.gif
isketambola
post Dec 8 2012, 07:56 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?
*
Exness is the best. fastest withdrawal. min spread. flex.gif
mpips
post Dec 8 2012, 08:01 PM

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QUOTE(isketambola @ Dec 8 2012, 07:56 PM)
Exness is the best. fastest withdrawal. min spread.  flex.gif
*
Yes. I am using them. Anyone who needs help on account opening or deposit or withdrawal, can ask help from me.
BeyondAlen93
post Dec 8 2012, 08:18 PM

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From: Subang Jaya


QUOTE(stephanh2o @ Dec 8 2012, 02:18 PM)
hi i am new here... hv someting to ask about forex.. did forex is legal now in malaysia...  last time want i interest in forex do some research.. find out that is illegal..
*
FOREX is not a illegal, only the brooker who not approve by bank negara ar illegal, i'm using FXPRIMUS brooker which has a cert that its is trustable to everyone... every month i withdraw $2,000 USD
isketambola
post Dec 8 2012, 08:21 PM

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QUOTE(mpips @ Dec 8 2012, 08:01 PM)
Yes. I am using them. Anyone who needs help on account opening or deposit or withdrawal, can ask help from me.
*
i am one of the IB for exness.. also an EXCARD dealer. need icon_question.gif do pm me icon_rolleyes.gif

This post has been edited by isketambola: Dec 8 2012, 08:22 PM


Attached thumbnail(s)
Attached Image
Scamtohell
post Dec 8 2012, 11:41 PM

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QUOTE(jack2 @ Dec 8 2012, 04:57 PM)
First post you opened and wrote you kena scammed RM8k, 2nd post so fast expressed forex is rubbish?
*
HELLO !! PLEASE MAKE SURE ALL FOREIGN EXCHANGE IS LEGAL UNDER BANK NEGARA MALAYSIA AND PIDM

ELSE THEY ARE ILLEGAL FOREX SCHEME !!
Shah.Legno
post Dec 9 2012, 12:39 AM

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From: Bollinger On Bollinger Bands,Kuala Lumpur


QUOTE(Scamtohell @ Dec 8 2012, 11:41 PM)
HELLO !! PLEASE MAKE SURE ALL FOREIGN EXCHANGE IS LEGAL UNDER BANK NEGARA MALAYSIA AND PIDM

ELSE THEY ARE ILLEGAL FOREX SCHEME !!
*
what are you babbling here?

go to other place, please...
mchicken
post Dec 9 2012, 04:42 AM

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Yea, pls.... Go cry for your mama... I know it's hard to accept you get scammed...

If I were you, I will dump that 8k to EA research and development.. Since you don't wanna put any effort on it.. Well, I should say, invest with the money you afford to lose, otherwise you will like £{€!{+<>{£{+]>¥]|@@ around here..
poks
post Dec 9 2012, 08:38 AM

--[2013 : Going Farming]--
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1,567 posts

Joined: Nov 2005
From: Ppg, Sbh.


QUOTE(Scamtohell @ Dec 8 2012, 01:40 AM)
I INVESTED AN AMOUNT OF RM8000. ITS REALLY MY FAULT AND GREED NOT TO STUDY DEEPLY AND FALL INTO THE TRAP.

THEY MUST HAD SEDUCED ME WITH SOME KIND OF MIND TRAPPING SKILLS.
1st part is true.
2nd part? Errr... I don't know.

Relax man. You're not the first one.
This is where these type of people make forex trading look bad.
Do you actually know that every trade you made is actually trading against and with pros?
How to become pro? Training, experience, perseverance.
Now.. Are you going to start trading by yourself & learn?
Or spread bad words?
mariochuah
post Dec 9 2012, 09:31 AM

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Any insta traders here ?
Scamtohell
post Dec 9 2012, 12:11 PM

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Never mind you Illegal not approved Broker !!, Well soon you will see your company get raid by Bank Negara , Security Division, and KPDNKK

All these illegal broker !! Prepare to get raid any time and spare your time to give report and lawyers help, else see yourself in JAIL !!

Now they are coming out with Debit Card and all that would allow you to withdraw money from Forex account.

They say you need to pay RM150 for all that

Its getting worst and worst !! scamming others hard earn money for their easy life

I hope all these illegal IB group will suffer to death and afterlife

IF YOU WANT CUSTOMER TO BELIEVE IN YOUR TRADING MAKE YOURS BELIEVABLE WITH CONTRACT APPROVAL FROM GOVERNMENT APPROVAL AND BANK NEGARA MALAYSIA !!

This post has been edited by Scamtohell: Dec 9 2012, 12:13 PM
andrewleewaikeong
post Dec 9 2012, 12:15 PM

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is the guy above me talking nonsense ?new member
jebonen
post Dec 9 2012, 01:34 PM

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From: 3 titik


smile.gif

some forecast... imho just pov
Gold... falling wedges & hns kick up price to upper level.. maybe to 1726
EU... Hns is all over major minor all in this pattern currently.. heading to 1.3000
GU.. heading to 1.6060 b4 f.fall to 1.5775 ABCD & HnS in prgress

2cents from my p.o.view.....smile.gif
Shah.Legno
post Dec 9 2012, 02:41 PM

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167 posts

Joined: Oct 2008
From: Bollinger On Bollinger Bands,Kuala Lumpur


QUOTE(Scamtohell @ Dec 9 2012, 12:11 PM)
Never mind you Illegal not approved Broker !!, Well soon you will see your company get raid by Bank Negara , Security Division, and KPDNKK

All these illegal broker !! Prepare to get raid any time and spare your time to give report and lawyers help, else see yourself in JAIL !!

Now they are coming out with Debit Card and all that would allow you to withdraw money from Forex account.

They say you need to pay RM150 for all that

Its getting worst and worst !! scamming others hard earn money for their easy life

I hope all these illegal IB group will suffer to death and afterlife

IF YOU WANT CUSTOMER TO BELIEVE IN YOUR TRADING MAKE YOURS BELIEVABLE WITH CONTRACT APPROVAL FROM GOVERNMENT APPROVAL AND BANK NEGARA MALAYSIA !!
*
Ok..ok...you are soo powerful now..hehe doh.gif


Added on December 9, 2012, 2:44 pm
QUOTE(jebonen @ Dec 9 2012, 01:34 PM)
smile.gif

some forecast... imho just pov
Gold... falling wedges & hns kick up price to upper level.. maybe to 1726
EU... Hns is all over major minor all in this pattern currently.. heading to 1.3000
GU.. heading to 1.6060 b4 f.fall to 1.5775 ABCD & HnS in prgress

2cents from  my p.o.view.....smile.gif
*
From history analysis...EU will go to 1.3000..stuck there & fall back with more continuous downtrend.. smile.gif

This post has been edited by Shah.Legno: Dec 9 2012, 02:52 PM
Scamtohell
post Dec 9 2012, 04:50 PM

New Member
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These are the lists that bank negara malaysia listed forex/gold trading that is not being approved! PLEASE AWARE & TAKE NOTE!!! More company to come please beware !!!!

國行公布77家沒有獲授權和批准的公司及網站名單。

公司或網站 類別

>1.globalcash 無營業執照活動
>2.1Gold.com.my 黃金投資
>3.Al-Saliha Worldwide Sdn. Bhd. 無營業執照活動
>4.Amshiq Gold Enterprise 黃金投資
>5.AUNiaga Sdn. Bhd. 黃金投資
>6.AU79 International 黃金投資
>7.Bumi Klasik Warisan Enterprise 無營業執照活動
>8.Caesar Gold Sdn. Bhd. 黃金投資
>9.Cakera Ringgit Sdn. Bhd. 無營業執照活動
>10.Dana Haji Jasman 無營業執照活動
>11.Degold Empire S/B 黃金投資
>12.DNA Profile Sdn. Bhd. 無營業執照活動
>13. East Cape Sdn. Bhd. 黃金投資
>14.Extra Capital Programme 外匯貿易
>15.Ezey Marketing 無營業執照活動
>16.FE Brands (M) S/B 無營業執照活動
>17.Flexsy Enterprise & Barrilorne Corp 黃金投資
>18.FNZ Capital Limited 外匯貿易
>19.FXPrimus 外匯貿易
>20.Gain FX Capital S/B 外匯貿易
>21.Gan Patt Services 無營業執照活動
>22.Genneva Malaysia Sdn. Bhd. 黃金投資
>23.GGF Golden House Sdn. Bhd. 黃金投資
>24.Global Creation Trading 無營業執照活動
>25.Global Venture Financing 外匯貿易
>26.Gorgeous Chain Sdn. Bhd. 外匯貿易
>27.Great Access Sdn. Bhd. 無營業執照活動
>28.Hexa Commerce Sdn. Bhd. 外匯貿易
>29.Honest Group Ltd. 無營業執照活動
>30.Iconhill Holding Sdn. Bhd. 無營業執照活動
>31.IGC Diamond 黃金投資
>32.Instaforex 外匯貿易
>33.Isothree Gold Sdn. Bhd. 黃金投資
>34.Jalatama Management Sdn. Bhd. 黃金投資
>35.Jazlaan Enterprise 無營業執照活動
>36.JMCommunications & Technology Sdn.Bhd. 無營業執照活動
>37.JMI Global 無營業執照活動
>38.JTGold 黃金投資
>39.Kris Plus Enterprise 無營業執照活動
>40.Lestari2U 無營業執照活動
>41. Liberty Reserve 外匯貿易
>42.Life Time Holidays Sdn. Bhd. 無營業執照活動
>43.LocalAdClick 無營業執照活動
>44.Mari Whosale (M) Sdn. Bhd. 無營業執照活動
>45.Mega Dynasty S/B 黃金投資
>46.Mega Herbs Bioextreme 無營業執照活動
>47.One AutoCash 無營業執照活動
>48.Pagentry Gold Berhad 黃金投資
>49.Pancar Mayang Sdn. Bhd. 無營業執照活動
>50.Pars Pay Sdn. Bhd. 外匯貿易
>51.Prestige Dairy Farm 外匯貿易
>52.Program 10 Bulan Forex Trading 外匯貿易
>53.Program I-Rich 無營業執照活動
>54.Projek Duit 2012 外匯貿易
>55.Provisio Multimedia 外匯貿易
>56.Real Ingenious 外匯貿易
>57.RGCX Trading Corp 外匯貿易
>58.RMMUDAH.COM 無營業執照活動
>59.Rowther Technologies MSC Sdn. Bhd. 無營業執照活動
>60.RSCapital Holdings Bhd 無營業執照活動
>61.Slimberry Extreme Team 無營業執照活動
>62.Speedline 外匯貿易
>63.Sri perkasa Emas Trading 黃金投資
>64.Suliz Pearl Mines 無營業執照活動
>65.Swiss Capital Venture 黃金投資
>66.Syarikat GECS Ltd 外匯貿易
>67.Syarikat OLTA Capital Management Inc 外匯貿易
>68.Syarikat Sri Alam 無營業執照活動
>69.Tabung Dana Ehsan 無營業執照活動
>70.Titan Group Sdn. Bhd. 無營業執照活動
>71.TukarGold.net 黃金投資
>72.VCGold.net 黃金投資
>73.Vertical Dragon Mining Corporation 無營業執照活動
>74.Virgin Gold Mining Corporation 黃金投資
>75.Worldwide Far East Berhad 黃金投資
>76.XOC7 無營業執照活動
>77.Zeta Capital Management 無營業執照活動

poks
post Dec 9 2012, 05:08 PM

--[2013 : Going Farming]--
******
Senior Member
1,567 posts

Joined: Nov 2005
From: Ppg, Sbh.


OMG !

You should stop it now biggrin.gif
BeyondAlen93
post Dec 9 2012, 06:13 PM

New Member
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Junior Member
32 posts

Joined: Dec 2010
From: Subang Jaya


QUOTE(Scamtohell @ Dec 9 2012, 04:50 PM)
These are the lists that bank negara malaysia listed forex/gold trading that is not being approved! PLEASE AWARE & TAKE NOTE!!! More company to come please beware !!!!

國行公布77家沒有獲授權和批准的公司及網站名單。

公司或網站 類別

>1.globalcash 無營業執照活動
>2.1Gold.com.my 黃金投資
>3.Al-Saliha Worldwide Sdn. Bhd. 無營業執照活動
>4.Amshiq Gold Enterprise 黃金投資
>5.AUNiaga Sdn. Bhd. 黃金投資
>6.AU79 International 黃金投資
>7.Bumi Klasik Warisan Enterprise 無營業執照活動
>8.Caesar Gold Sdn. Bhd. 黃金投資
>9.Cakera Ringgit Sdn. Bhd. 無營業執照活動
>10.Dana Haji Jasman 無營業執照活動
>11.Degold Empire S/B 黃金投資
>12.DNA Profile Sdn. Bhd. 無營業執照活動
>13. East Cape Sdn. Bhd. 黃金投資
>14.Extra Capital Programme 外匯貿易
>15.Ezey Marketing 無營業執照活動
>16.FE Brands (M) S/B 無營業執照活動
>17.Flexsy Enterprise & Barrilorne Corp 黃金投資
>18.FNZ Capital Limited 外匯貿易
>19.FXPrimus 外匯貿易
>20.Gain FX Capital S/B 外匯貿易
>21.Gan Patt Services 無營業執照活動
>22.Genneva Malaysia Sdn. Bhd. 黃金投資
>23.GGF Golden House Sdn. Bhd. 黃金投資
>24.Global Creation Trading 無營業執照活動
>25.Global Venture Financing 外匯貿易
>26.Gorgeous Chain Sdn. Bhd. 外匯貿易
>27.Great Access Sdn. Bhd. 無營業執照活動
>28.Hexa Commerce Sdn. Bhd. 外匯貿易
>29.Honest Group Ltd. 無營業執照活動
>30.Iconhill Holding Sdn. Bhd. 無營業執照活動
>31.IGC Diamond 黃金投資
>32.Instaforex 外匯貿易
>33.Isothree Gold Sdn. Bhd. 黃金投資
>34.Jalatama Management Sdn. Bhd. 黃金投資
>35.Jazlaan Enterprise 無營業執照活動
>36.JMCommunications & Technology Sdn.Bhd. 無營業執照活動
>37.JMI Global 無營業執照活動
>38.JTGold 黃金投資
>39.Kris Plus Enterprise 無營業執照活動
>40.Lestari2U 無營業執照活動
>41. Liberty Reserve 外匯貿易
>42.Life Time Holidays Sdn. Bhd. 無營業執照活動
>43.LocalAdClick 無營業執照活動
>44.Mari Whosale (M) Sdn. Bhd. 無營業執照活動
>45.Mega Dynasty S/B 黃金投資
>46.Mega Herbs Bioextreme 無營業執照活動
>47.One AutoCash 無營業執照活動
>48.Pagentry Gold Berhad 黃金投資
>49.Pancar Mayang Sdn. Bhd. 無營業執照活動
>50.Pars Pay Sdn. Bhd. 外匯貿易
>51.Prestige Dairy Farm 外匯貿易
>52.Program 10 Bulan Forex Trading 外匯貿易
>53.Program I-Rich 無營業執照活動
>54.Projek Duit 2012 外匯貿易
>55.Provisio Multimedia 外匯貿易
>56.Real Ingenious 外匯貿易
>57.RGCX Trading Corp 外匯貿易
>58.RMMUDAH.COM 無營業執照活動
>59.Rowther Technologies MSC Sdn. Bhd. 無營業執照活動
>60.RSCapital Holdings Bhd 無營業執照活動
>61.Slimberry Extreme Team 無營業執照活動
>62.Speedline 外匯貿易
>63.Sri perkasa Emas Trading 黃金投資
>64.Suliz Pearl Mines 無營業執照活動
>65.Swiss Capital Venture 黃金投資
>66.Syarikat GECS Ltd 外匯貿易
>67.Syarikat OLTA Capital Management Inc 外匯貿易
>68.Syarikat Sri Alam 無營業執照活動
>69.Tabung Dana Ehsan 無營業執照活動
>70.Titan Group Sdn. Bhd. 無營業執照活動
>71.TukarGold.net 黃金投資
>72.VCGold.net 黃金投資
>73.Vertical Dragon Mining Corporation 無營業執照活動
>74.Virgin Gold Mining Corporation 黃金投資
>75.Worldwide Far East Berhad 黃金投資
>76.XOC7 無營業執照活動
>77.Zeta Capital Management 無營業執照活動
*
Why FXPrimus on the list? I'm using FXPrimus for so many month, so far don't have any problem shakehead.gif

isketambola
post Dec 9 2012, 07:10 PM

New Member
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Junior Member
20 posts

Joined: May 2006
From: -MMU Melaka-



so Exness is not in the list la... hehe
Scamtohell
post Dec 9 2012, 07:58 PM

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Joined: Dec 2012
QUOTE(BeyondAlen93 @ Dec 9 2012, 06:13 PM)
Why FXPrimus on the list? I'm using FXPrimus for so many month, so far don't have any problem  shakehead.gif
*
Cause you are one of them too !! ILLEGAL BROKER AND SCAMMER !!


Added on December 9, 2012, 8:00 pm
QUOTE(isketambola @ Dec 9 2012, 07:10 PM)
so Exness is not in the list la... hehe
*
Better check your status with Bank Negara else you be the next victim, unless you want choose the dark side and scam others !!

This post has been edited by Scamtohell: Dec 9 2012, 08:00 PM
sleepwalker
post Dec 9 2012, 08:49 PM

Need sleep....
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Staff
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Joined: Jan 2003
From: the lack of sleep


QUOTE(Scamtohell @ Dec 9 2012, 07:58 PM)
Cause you are one of them too !! ILLEGAL BROKER AND SCAMMER !!


Added on December 9, 2012, 8:00 pm

Better check your status with Bank Negara else you be the next victim, unless you want choose the dark side and scam others !!
*
Please stop your ranting. We don't invest our money for other people to trade. We trade forex on our own. Any money made or lost is due to your own decisions and not other people's decision. We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.
Shah.Legno
post Dec 9 2012, 09:13 PM

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Joined: Oct 2008
From: Bollinger On Bollinger Bands,Kuala Lumpur


QUOTE(sleepwalker @ Dec 9 2012, 08:49 PM)
Please stop your ranting. We don't invest our money for other people to trade. We trade forex on our own. Any money made or lost is due to your own decisions and not other people's decision. We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.
*
Well said, i totally agree thumbup.gif

This will explained good enough to this 'Scamtohell' guy that make too much noise here.. doh.gif

This post has been edited by Shah.Legno: Dec 9 2012, 09:18 PM
BeyondAlen93
post Dec 9 2012, 09:26 PM

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QUOTE(Scamtohell @ Dec 9 2012, 07:58 PM)
Cause you are one of them too !! ILLEGAL BROKER AND SCAMMER !!


Added on December 9, 2012, 8:00 pm

Better check your status with Bank Negara else you be the next victim, unless you want choose the dark side and scam others !!
*
So, you mean I'm ILLEGAL and Scammer?

I think you are missunderstanding...

1) I'm a trader not a brooker, I trade on my own not rely on other people,
2) FOREX is Foreign Exchange which are not trade by using luck, it is using your Technical Skills and Conceptual Skills. Its is a type of Jobs
3) FXPrimus is not an Illegal Brooker although haven approve by Bank Negara.

I think you have to know what is a meaning of "Trading"!! mad.gif
solstice818
post Dec 9 2012, 11:00 PM

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QUOTE(sleepwalker @ Dec 9 2012, 08:49 PM)
Please stop your ranting. We don't invest our money for other people to trade. We trade forex on our own. Any money made or lost is due to your own decisions and not other people's decision. We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.
*
Luckily we have one of the red tag guy in here. That guy is so annoying with all those hatred posts.
Scamtohell
post Dec 10 2012, 01:03 AM

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I have nothing to worry about biggrin.gif , I have reported and submitted all the case pics, website page, link, phone number, account number, forum link, of all the people

involve, cars number plate, and all other relevant information !! Every now and then your post about illegal forex is viewed by security fraud from

International threat security, Bank Negara , KPDNKK, and Police Headquaters , They responded quickly and keep asking me for updates smile.gif

GVF Forex and GENEVA GOLD case had been raided , their leader had been labelled with criminal records and had been sentence to jail.

Well just wait and see to you all when is your turn, thumbup.gif

eToro Team
post Dec 10 2012, 01:54 AM

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QUOTE(flipflap @ Dec 4 2012, 10:15 AM)
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!
*
Hi flipflap,

Sounds good smile.gif Just to clarify, we also don't take any commissions, no overnight rollovers or anything. And in addition we offer the terrific advantage of trading with the world's largest social trading network. You can check it out here: http://etoro.tw/Wd6GKE. If you're a consistently profitable trader you can become a "social guru", i.e. someone that people want to copy, and even earn an extra income as a social guru by earning a share of the spreads your copiers generate.

Happy trading!
Andy, eToro Team


Added on December 10, 2012, 2:03 am
QUOTE(taerii @ Dec 2 2012, 09:03 PM)
Etoro reliable?
*
Hi terii,

eToro is a licensed broker that is regulated by some of the strictest financial regulatory bodies in the world: the NFA in America, the Banque de France and British Financial Services authority to name a few in Europe as well as the Australian Securities and Investments Commission in Australia and Asia Pacific. You can learn more about our credentials on our webpage: www.etoro.com.

We also invite you to take a peek at our OpenBook trader community, openbook.etoro.com where you can see what our traders are saying about us and get in touch with people who've had experience using our services. It's a good way to find out whether eToro is right for you or not. Apart from that you can try out our demo platform for free to see how you like it as well.

Hope this helped!

Happy trading,
Andy, eToro Team

This post has been edited by eToro Team: Dec 10 2012, 02:03 AM
imax80
post Dec 10 2012, 02:29 AM

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imho if really want to trade forex..trade small only..if profit straight away withdraw the profit..i am saying in the view of this investment not approved by the governing body and high risk not only in the trading itself but could also come from the broker.

poks
post Dec 10 2012, 02:39 AM

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QUOTE(solstice818 @ Dec 9 2012, 11:00 PM)
Luckily we have one of the red tag guy in here. That guy is so annoying with all those hatred posts.
*
Lol.. He's still here..
This type of guy will never leave till he's blacklisted..
Lol... I pity him not because of his 8k but his lack of knowledge.
mchicken
post Dec 10 2012, 02:57 AM

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Before this i feel sorry for his loss... But now, not anymore.

Get over it pls. He is like someone love get rejected or dump by a girl, and then hates every girl in this world, every girl is bad...

Man~~Never learn and get smarter.. Just know how to blame. Pathetic...
stephanh2o
post Dec 10 2012, 11:10 AM

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"'We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.'''


so you all trade using another country forex comapany.. so how to open account n transfer $$ back or use the $$ in malaysia.. did maybank or government will do anything...

This post has been edited by stephanh2o: Dec 10 2012, 11:18 AM
sleepwalker
post Dec 10 2012, 01:17 PM

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QUOTE(stephanh2o @ Dec 10 2012, 11:10 AM)
"'We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.'''


so you all trade using another country forex comapany.. so how to open account n transfer  $$ back or use the $$ in malaysia..  did maybank or government will do anything...
*
It's not only forex. All other tradings like stock, commodity, options, etc are all done with off-shore accounts if such a service is not available in Malaysia. Malaysia's financial regulations are about 10-15 years old and has not been updated to cater with the new ECN trading. Opening account is just a matter of filling up some forms, scan the documents, email over and send money from my Maybank account to the broker (electronic wire transfer). All done within a week. Simpler than opening a local Maybank savings account because my forms are all electronic. To even open a simple savings account you have to go to the bank to manually fill up the form.

Once that is done, my broker will lock my account with my Maybank account number that I used to fund the account. Money can then only be transferred from my broker back to my Maybank account. That is also done electronically by filling in a simple online form, wait a few days for the brokers account department to process and money is wired back in one day. They don't even need verification because the money can only go back to the bank account that funded the forex account in the first place.

This is the only way to trade forex as all the brokers are located overseas. Malaysia does not allow them to open an office since Malaysia/BNM does not know how to regulate them. You can find similar brokers located in Singapore, like Oanda, which has an office there.

Everything is done electronically and you don't need local office.

This post has been edited by sleepwalker: Dec 10 2012, 01:19 PM
stephanh2o
post Dec 10 2012, 02:25 PM

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thanks sleepwalker that really help a lot.... so what platfom u all using... i want to train my trading knowledge.. using demo acc.. but dont know which one... it seem like alot of broker use MT4
mchicken
post Dec 10 2012, 03:01 PM

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QUOTE(stephanh2o @ Dec 10 2012, 02:25 PM)
thanks sleepwalker that really help a lot.... so what platfom u all using... i want to train my trading knowledge..  using demo acc.. but dont know which one... it seem like alot of broker use MT4
*
Hi,

Have you learn your basic? there is no short cut in this forex trading. Get some ideas about how forex trading first.

www.babypips.com

Then look for a broker to try out your skill, play around and get familiar with the platform.

Check here for the brokers.

www.100brokers.com


For reference only... Don't play blame game.
stephanh2o
post Dec 10 2012, 03:35 PM

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QUOTE(mchicken @ Dec 10 2012, 03:01 PM)
Hi,

Have you learn your basic? there is no short cut in this forex trading. Get some ideas about how forex trading first.

www.babypips.com

Then look for a broker to try out your skill, play around and get familiar with the platform.

Check here for the brokers.

www.100brokers.com
For reference only... Don't play blame game.
*
thanks.. for d link.. feel like go back to school... hi..hi... yap need to start from 0 to hiro bruce.gif ... at list 1 year to graduated.. sweat.gif

This post has been edited by stephanh2o: Dec 10 2012, 03:38 PM
BeyondAlen93
post Dec 10 2012, 04:45 PM

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EUR/USD - Continue bearish~ hmmmmm.... I wonder are they going to continue down until S2 1.2882 or S3 1.2872 by using Fibonacci?
cresender
post Dec 10 2012, 08:28 PM

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Hi, just wanted to know which withdrawal method did you all use in fxopen? Is there any broker provide a more convenient withdrawal method rather than bank wire?
chetz
post Dec 11 2012, 12:39 PM

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QUOTE(cresender @ Dec 10 2012, 08:28 PM)
Hi, just wanted to know which withdrawal method did you all use in fxopen? Is there any broker provide a more convenient withdrawal method rather than bank wire?
*
this is when local depositor or IB comes handy and fixed rate! but first only choose Local Depositor or IB which is recognized by broker firm. notworthy.gif

This post has been edited by chetz: Dec 11 2012, 08:10 PM
Darkmage12
post Dec 11 2012, 07:37 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(BeyondAlen93 @ Dec 9 2012, 06:13 PM)
Why FXPrimus on the list? I'm using FXPrimus for so many month, so far don't have any problem  shakehead.gif
*
Hi we've managed to clear it up with BNM and as of last week FXPrimus have been taken off that list cheers.gif
PopIsDead
post Dec 12 2012, 12:47 AM

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QUOTE(Darkmage12 @ Dec 11 2012, 07:37 PM)
Hi we've managed to clear it up with BNM and as of last week FXPrimus have been taken off that list cheers.gif
*
yeah!! good job fxprimus team!!

read here

user posted image

ive been trading fxprimus for avout 2.5 years without any problem..

my performance:
1. currently ranked #1 at tradeo
user posted image

2. ranked #7 in the previous fxprimus contest worldwide
user posted image

notworthy.gif


jack2
post Dec 12 2012, 06:28 AM

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QUOTE(Darkmage12 @ Dec 11 2012, 07:37 PM)
Hi we've managed to clear it up with BNM and as of last week FXPrimus have been taken off that list cheers.gif
*
Just wonder how BNM would clear it up for fx trading since fx trading is not permitted right?
Shah.Legno
post Dec 12 2012, 01:09 PM

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QUOTE(PopIsDead @ Dec 12 2012, 12:47 AM)
yeah!! good job fxprimus team!!

read here

user posted image

ive been trading fxprimus for avout 2.5 years without any problem..

my performance:
1. currently ranked #1 at tradeo
user posted image

2. ranked #7 in the previous fxprimus contest worldwide
user posted image

notworthy.gif
*
Congratulations!... icon_rolleyes.gif

This post has been edited by Shah.Legno: Dec 12 2012, 01:09 PM
sleepwalker
post Dec 12 2012, 03:56 PM

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QUOTE(jack2 @ Dec 12 2012, 06:28 AM)
Just wonder how BNM would clear it up for fx trading since fx trading is not permitted right?
*
Do you actually read our post? FX is permitted outside of this country which is what 100% of us are doing. We do not trade with any local company. Please understand what is legal and what is illegal. The trading of FX is always legal. It is not illegal like trading drugs. The only thing that is illegal is the LOCAL COMPANY that takes deposit/investment to trade FX for you on your behalf. That company is then illegal as it does not have the license to accept money from you. That company will then end up on BNM's blacklist.

FXPrimus, like all the other proper brokers who understand our law (ehem.. except a few which is stupid enough to open offices in Malaysia), does not have an office or presence in Malaysia therefore they are not doing anything illegal in Malaysia. Trading FX (or NYSE or commodities or options, etc etc) outside of Malaysia is NOT illegal.

jack2
post Dec 12 2012, 04:04 PM

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QUOTE(sleepwalker @ Dec 12 2012, 03:56 PM)
Do you actually read our post? FX is permitted outside of this country which is what 100% of us are doing. We do not trade with any local company. Please understand what is legal and what is illegal. The trading of FX is always legal. It is not illegal like trading drugs. The only thing that is illegal is the LOCAL COMPANY that takes deposit/investment to trade FX for you on your behalf. That company is then illegal as it does not have the license to accept money from you. That company will then end up on BNM's blacklist.

FXPrimus, like all the other proper brokers who understand our law (ehem.. except a few which is stupid enough to open offices in Malaysia), does not have an office or presence in Malaysia therefore they are not doing anything illegal in Malaysia. Trading FX (or NYSE or commodities or options, etc etc) outside of Malaysia is NOT illegal.
*
I see. Thx notworthy.gif
PopIsDead
post Dec 12 2012, 09:18 PM

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QUOTE(Shah.Legno @ Dec 12 2012, 01:09 PM)
Congratulations!... icon_rolleyes.gif
*
thanks mate..

rclxms.gif
aladdin
post Dec 13 2012, 09:16 AM

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wow on spot gold price like a roller coaster.
BeyondAlen93
post Dec 13 2012, 09:55 AM

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lost lost lost!!! EUR/USD keep on raise!! T.T
Darkmage12
post Dec 13 2012, 10:09 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(BeyondAlen93 @ Dec 13 2012, 09:55 AM)
lost lost lost!!! EUR/USD keep on raise!! T.T
*
Still shorting euro?
BeyondAlen93
post Dec 13 2012, 10:17 AM

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QUOTE(Darkmage12 @ Dec 13 2012, 10:09 AM)
Still shorting euro?
*
Yes, The 3rd resistence will be 1.3084, but im sure it will drop after touch my 3rd resistence point =)
Darkmage12
post Dec 13 2012, 12:26 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(BeyondAlen93 @ Dec 13 2012, 10:17 AM)
Yes, The 3rd resistence will be 1.3084, but im sure it will drop after touch my 3rd resistence point =)
*
Good luck to you then tongue.gif
sleepwalker
post Dec 13 2012, 12:47 PM

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QUOTE(BeyondAlen93 @ Dec 13 2012, 10:17 AM)
Yes, The 3rd resistence will be 1.3084, but im sure it will drop after touch my 3rd resistence point =)
*
With FOMC announcement last night and everybody expected more easy money, most were already pricing in for EU to go up, which it did. THere are also quite a number of people shorting but guess where shorters would put their stops? Right above 1.3100. Of course 1.3100 is a round number and would be defended but shorts are definitely in danger of being taken out if EU goes above 1.31.

Volume is low now but those waking up to early morning Euro/London open with Nikkei up 1.7%, I'm putting my money on longs making a run for stops above 1.31.

This post has been edited by sleepwalker: Dec 13 2012, 12:49 PM
kingkong999
post Dec 13 2012, 01:30 PM

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QUOTE(sleepwalker @ Dec 13 2012, 12:47 PM)
With FOMC announcement last night and everybody expected more easy money, most were already pricing in for EU to go up, which it did. THere are also quite a number of people shorting but guess where shorters would put their stops? Right above 1.3100. Of course 1.3100 is a round number and would be defended but shorts are definitely in danger of being taken out if EU goes above 1.31.

Volume is low now but those waking up to early morning Euro/London open with Nikkei up 1.7%, I'm putting my money on longs making a run for stops above 1.31.
*
good experienced traders. It is true. There wont be any news for EUR nor USD till 9.30 pm so i guess it will proceed to go up. Might even break highest today.
shady15
post Dec 13 2012, 05:57 PM

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QUOTE(kevler @ Nov 2 2012, 11:38 AM)
haha..cakap banyak tarak guna ...

my analysis on EJ GJ
Attached Image Attached Image
*
so u banggla?
sleepwalker
post Dec 13 2012, 06:21 PM

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QUOTE(kingkong999 @ Dec 13 2012, 01:30 PM)
good experienced traders. It is true. There wont be any news for EUR nor USD till 9.30 pm so i guess it will proceed to go up. Might even break highest today.
*
The run to 1.31 failed at London open by 1.1 pips (on some brokers it actually made it past 1.31 but no stops were triggered). Very well defended and almost back to pre FOMC levels. The selling in EUR/CHF is putting a damper on things in EUR/USD in the London session. Lets see what the US session can do.

This post has been edited by sleepwalker: Dec 13 2012, 06:25 PM
Darkmage12
post Dec 13 2012, 06:22 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(sleepwalker @ Dec 13 2012, 12:47 PM)
With FOMC announcement last night and everybody expected more easy money, most were already pricing in for EU to go up, which it did. THere are also quite a number of people shorting but guess where shorters would put their stops? Right above 1.3100. Of course 1.3100 is a round number and would be defended but shorts are definitely in danger of being taken out if EU goes above 1.31.

Volume is low now but those waking up to early morning Euro/London open with Nikkei up 1.7%, I'm putting my money on longs making a run for stops above 1.31.
*
Came back down but breached the 3rd resistance he mentioned. I guess if his stoploss is 1.31 it was taken out as well
sleepwalker
post Dec 13 2012, 06:30 PM

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QUOTE(Darkmage12 @ Dec 13 2012, 06:22 PM)
Came back down but breached the 3rd resistance he mentioned. I guess if his stoploss is 1.31 it was taken out as well
*
Stopless are usually placed a few pips above any round number to avoid getting hit like this. You do not want to put a stoploss exactly on any round number as there's always a difference of 1-3 pips between brokers. Also the defence of the round number is not always 100%. Sometimes the round number will get hit but not trigger the stops a few pips away and then reverse. That is why you do not put stoploss exactly on round numbers just to be safe.
BeyondAlen93
post Dec 13 2012, 07:43 PM

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QUOTE(Darkmage12 @ Dec 13 2012, 06:22 PM)
Came back down but breached the 3rd resistance he mentioned. I guess if his stoploss is 1.31 it was taken out as well
*
hahaha, my analysis is correct!! rclxm9.gif but I'm not sure will be continue to drop?

This post has been edited by BeyondAlen93: Dec 13 2012, 08:01 PM
Shah.Legno
post Dec 13 2012, 10:03 PM

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EU at least it should reach 1.3125 tonight or tomorrow...

this is the final important resistance it should reach..before more bearish after this..
sleepwalker
post Dec 13 2012, 10:50 PM

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QUOTE(Shah.Legno @ Dec 13 2012, 10:03 PM)
EU at least it should reach 1.3125 tonight or tomorrow...

this is the final important resistance it should reach..before more bearish after this..
*
and......... that would make a quadruple top from all the way back to Sep.
Shah.Legno
post Dec 13 2012, 11:45 PM

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QUOTE(sleepwalker @ Dec 13 2012, 10:50 PM)
and......... that would make a quadruple top from all the way back to Sep.
*
Yup indeed, just wait & see...

my strategy is to open position if it breakout the pivot level...

what i see now..the trend is still bullish... cool.gif

just wait & wait for the sweet time..
sleepwalker
post Dec 14 2012, 12:10 AM

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QUOTE(Shah.Legno @ Dec 13 2012, 11:45 PM)
Yup indeed, just wait & see...

my strategy is to open position if it breakout the pivot level...

what i see now..the trend is still bullish... cool.gif

just wait & wait for the sweet time..
*
Just missed 1.31 by 1.4 pips, almost a repeat of this morning. Good thing about defenses like this is that there's plenty of pips to be made. It's like taking candy from a baby.
Shah.Legno
post Dec 14 2012, 10:29 AM

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QUOTE(sleepwalker @ Dec 14 2012, 12:10 AM)
Just missed 1.31 by 1.4 pips, almost a repeat of this morning. Good thing about defenses like this is that there's plenty of pips to be made. It's like taking candy from a baby.
*
Now the EU is moving up bull this morning...let see if it can reach the 1.3125 or break above it...

or again we just taking candy from a baby..if the market retrace again

just wait for the best moment to open sell post... icon_rolleyes.gif

This post has been edited by Shah.Legno: Dec 14 2012, 10:31 AM
sleepwalker
post Dec 14 2012, 10:38 AM

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QUOTE(Shah.Legno @ Dec 14 2012, 10:29 AM)
Now the EU is moving up bull this morning...let see if it can reach the 1.3125 or break above it...

or again we just taking candy from a baby..if the market retrace again

just wait for the best moment to open sell post... icon_rolleyes.gif
*
Guess what... with your 1.3125 quadruple top on daily and my 1.31 forming a quadruple top on 15 mins chart.. this is going to be interesting. It's going to be one hell of a spike if it breaks through both of these barriers.
derict
post Dec 14 2012, 11:33 AM

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any idea on GOLD ??on whether it will break below 1690 or not ..

Shah.Legno
post Dec 14 2012, 12:06 PM

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QUOTE(sleepwalker @ Dec 14 2012, 10:38 AM)
Guess what... with your 1.3125 quadruple top on daily and my 1.31 forming a quadruple top on 15 mins chart.. this is going to be interesting. It's going to be one hell of a spike if it breaks through both of these barriers.
*
absolutely this will be a great spike...if what we predict will happen..

very interesting to see... cool2.gif
TSkevler
post Dec 14 2012, 04:49 PM

trading in the zone
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QUOTE(shady15 @ Dec 13 2012, 05:57 PM)
so u banggla?
*
??

are u understand what is this thread all about ?


This post has been edited by kevler: Dec 14 2012, 04:50 PM
Shah.Legno
post Dec 14 2012, 06:03 PM

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Now EU made another retracement only...but it reach 1.3118 new high..

so slow..but the unpredictable move can happened to market every friday, so just beware...
sleepwalker
post Dec 15 2012, 12:19 AM

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QUOTE(Shah.Legno @ Dec 14 2012, 06:03 PM)
Now EU made another retracement only...but it reach 1.3118 new high..

so slow..but the unpredictable move can happened to market every friday, so just beware...
*
Well.. barrier broken.. and somebody gunning all the stops all the way to almost 1.3140.
Shah.Legno
post Dec 15 2012, 12:21 AM

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EU is explode like volcano erupted!! rclxm9.gif


Added on December 15, 2012, 12:53 am
QUOTE(sleepwalker @ Dec 15 2012, 12:19 AM)
Well.. barrier broken.. and somebody gunning all the stops all the way to almost 1.3140.
*
Already reach 1.3140, good time for sell now?

not decide yet...hmm hmm.gif

This post has been edited by Shah.Legno: Dec 15 2012, 12:53 AM
Darkmage12
post Dec 15 2012, 02:03 AM

shhhhhhhhh come i tell you something hehe
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exciting indeed. Made 60 pips on both pound and euro spike. nice way to end the week!
Shah.Legno
post Dec 15 2012, 02:11 AM

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QUOTE(Darkmage12 @ Dec 15 2012, 02:03 AM)
exciting indeed. Made 60 pips on both pound and euro spike. nice way to end the week!
*
Congratulations!

time to stop trade now...continue monday.. yawn.gif
solstice818
post Dec 15 2012, 05:21 PM

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Loss on AUDUSD cos spike, gains on EURJPY, EURUSD,GBPUSD because of the spikes.

Overall: GREEN!


By the way, anyone familiar with mirror trader? Apa tuh?
PopIsDead
post Dec 16 2012, 12:44 AM

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QUOTE(solstice818 @ Dec 15 2012, 05:21 PM)
Loss on AUDUSD cos spike, gains on EURJPY, EURUSD,GBPUSD because of the spikes.

Overall: GREEN!
By the way, anyone familiar with mirror trader? Apa tuh?
*
mirror trade is a signal service, ie autocopy.
You can filter the traders base on many variables..%gain, %DD, total pips etc..

there are many brokers who liase with mirror trader nowadays..
one of them is fxprimus..

ps:
pm me if u want to know more about it..
alternatively visit my blog bloghere
Shah.Legno
post Dec 16 2012, 04:20 PM

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QUOTE(solstice818 @ Dec 15 2012, 05:21 PM)
Loss on AUDUSD cos spike, gains on EURJPY, EURUSD,GBPUSD because of the spikes.

Overall: GREEN!
By the way, anyone familiar with mirror trader? Apa tuh?
*
Mirror trade? I think you already see & reply to my previous post rite?

You already describe it almost like ZuluTrade... cool2.gif

XE Markets Mirror Trader

Some screenshot from my monitor

user posted image



XEM MIRROR TRADER MAIN FEATURES

-Live market charts with customizable time frames, indicators, oscillators and market sentiments help you follow and analyse markets.
-The publisher feature allows you to instantly share your trading history in the social media by simply posting a link to Facebook, Twitter, or LinkedIn.
-You can set up strategy filters according to your investment criteria.
-With the help of the strategy performance feature, you can monitor the performance of each single strategy and choose those that best suit your own trades.
-You can improve your risk management, by setting up automatic stop and limit values for every position opened with a specific trading strategy. You can also set -a maximum loss for each strategy in the portfolio.
-The T-score feature indicates how each strategy performs on a scale of 1 to 10, so that you can assess momentum and stability before you use them to your trades.
-The watch list enables you to view strategies of interest and even see their performance before adding them to your strategy portfolio.

This post has been edited by Shah.Legno: Dec 16 2012, 04:37 PM
jebonen
post Dec 16 2012, 05:35 PM

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Eu.. The best res..3177... Near close... Waiting some setup for minor ret DT... smile.gif yeha...
Gold as predict before... Cun... A bit more DT hopefully, then start UT to higher price 2000... Imho just my 2.5cents...wink.gif
Shah.Legno
post Dec 16 2012, 10:06 PM

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QUOTE(jebonen @ Dec 16 2012, 05:35 PM)
Eu.. The best res..3177... Near close... Waiting some setup for minor ret DT... smile.gif yeha...
Gold as predict before... Cun... A bit more DT hopefully, then start UT to higher price 2000... Imho just my 2.5cents...wink.gif
*
Err...u predict Gold price will reach 2000??

i don think so..that too much.. just my 2.5cents.. rolleyes.gif
zzGamerzz
post Dec 16 2012, 11:22 PM

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Can anyone recommend me a reliable forex broker to me?
how come most of the forex broker (F%CM, Fxpr&mus, Inst*forex, Ex*nes&, etc ) turn out to be scammer for me after i googled about them.. Most of them will start doing those fishy stuff after traders start making profit..

So anyone using any reliable broker and is happy with them after long time
Darkmage12
post Dec 17 2012, 01:11 AM

shhhhhhhhh come i tell you something hehe
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Ready for another 20% this week cheers.gif
Shah.Legno
post Dec 17 2012, 01:17 AM

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QUOTE(Darkmage12 @ Dec 17 2012, 01:11 AM)
Ready for another 20% this week cheers.gif
*
That's the spirit!! hahah... rclxm9.gif
Darkmage12
post Dec 17 2012, 01:21 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(Shah.Legno @ Dec 17 2012, 01:17 AM)
That's the spirit!! hahah... rclxm9.gif
*
Ya CNY coming hope to get some pocket money ma hahaha
Break^Free
post Dec 17 2012, 10:16 PM

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hi there guys, Cant remember when was the last time i check in here, is the ichimoku cloud guy still here? I'm still looking for best strategy tho. Currently stik on GU, only trade on London open. Today make 20 pips only =_=
boyvai
post Dec 18 2012, 07:39 PM

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euro/usd update.
look at h4/daily,weekly.
Attached Image
market already break the triple top,will it goes higher?i dont know lol.
i believed market on construction wave 5 Aqua colour.
tayor.


Added on December 18, 2012, 7:47 pmmr poks,if u here can help about this euro/usd?what is your opinion?i still confuse about the price action/candle la.haha.ty


Added on December 18, 2012, 7:48 pmexcuse the buy order.that only demo.testing new indicator.still trying to adept new indi.

This post has been edited by boyvai: Dec 18 2012, 07:48 PM
poks
post Dec 18 2012, 07:58 PM

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Lol..
It's Christmas season.
Volume may turn to be very low.
Previous experience tells me it is wise not to trade.
however, on 1D chart look like a short for me.
biggrin.gif
boyvai
post Dec 18 2012, 08:09 PM

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ya.holiday season this month,updating,etc..
i already break almost 1 month.so busy,nephew wedding,family matters.
daily chart previous day doji candle.ohh/ty poks.


smellz
post Dec 19 2012, 04:15 PM

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ok i have FXOPEN account now. how do i add money inside? newbie here. which is the best way to add money to my account? seems very complicating i read the help also no idea. help fellow lyn mates
isaaclimyh
post Dec 19 2012, 09:41 PM

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Anyone heard about MidcoFx? also rcfx group.
i'm surveying for informations so i hope to learn more from you guys smile.gif!
boyvai
post Dec 19 2012, 10:00 PM

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QUOTE(isaaclimyh @ Dec 19 2012, 09:41 PM)
Anyone heard about MidcoFx? also rcfx group.
i'm surveying for informations so i hope to learn more from you guys smile.gif!
*
yes i do,here u go.
rcfx
Darkmage12
post Dec 19 2012, 11:58 PM

shhhhhhhhh come i tell you something hehe
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Wow 1.33! finally hahaha. Today is AWESOME!
cinbao
post Dec 20 2012, 01:17 PM

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May I know why xforex.com unsafe?
smellz
post Dec 20 2012, 02:05 PM

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nobody answered my question sad.gif
boyvai
post Dec 20 2012, 03:19 PM

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QUOTE(smellz @ Dec 19 2012, 04:15 PM)
ok i have FXOPEN account now. how do i add money inside? newbie here. which is the best way to add money to my account? seems very complicating i read the help also no idea. help fellow lyn mates
*
credit card.debit card.wire transfer.
smellz
post Dec 21 2012, 12:41 AM

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How much they charge? The cheapest way is which 1?In and out money. What are the charges like? Said there $30 which means every transaction it cost rm100
Shah.Legno
post Dec 21 2012, 01:06 AM

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QUOTE(smellz @ Dec 21 2012, 12:41 AM)
How much they charge? The cheapest way is which 1?In and out money. What are the charges like? Said there $30 which means every transaction it cost rm100
*
better use through Debit Card...free of hassle & very fast deposit to your trading account...

yup...USD 30 = RM100...


Added on December 21, 2012, 1:08 am
QUOTE(Darkmage12 @ Dec 19 2012, 11:58 PM)
Wow 1.33! finally hahaha. Today is AWESOME!
*
It's already at the top of my bolinger bands & stoch...

time to sell!! flex.gif

This post has been edited by Shah.Legno: Dec 21 2012, 01:08 AM
smellz
post Dec 21 2012, 12:53 PM

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debit card how much the charges? also $30?
jack2
post Dec 21 2012, 01:36 PM

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QUOTE(smellz @ Dec 21 2012, 12:53 PM)
debit card how much the charges? also $30?
*
deposit by LR (liberty reserve) is more better, fast, cheaper.
Shah.Legno
post Dec 21 2012, 03:17 PM

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QUOTE(smellz @ Dec 21 2012, 12:53 PM)
debit card how much the charges? also $30?
*
I got no charge...by my XEMarket broker.. thumbup.gif
boyvai
post Dec 21 2012, 03:56 PM

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euro/usd Christmas rally.will history repeat again?
Attached Image
credit to GregaHorvatfx
Darkmage12
post Dec 21 2012, 04:54 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(cinbao @ Dec 20 2012, 01:17 PM)
May I know why xforex.com unsafe?
*
It's a white label
smellz
post Dec 21 2012, 06:18 PM

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i using FXopen dont seem to have option for libertyreserve.
Shah.Legno
post Dec 21 2012, 06:43 PM

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QUOTE(boyvai @ Dec 21 2012, 03:56 PM)
euro/usd Christmas rally.will history repeat again?
Attached Image
credit to GregaHorvatfx
*
this is good too!
jack2
post Dec 21 2012, 09:56 PM

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QUOTE(smellz @ Dec 21 2012, 06:18 PM)
i using FXopen dont seem to have option for libertyreserve.
*
there is
smellz
post Dec 22 2012, 03:29 AM

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QUOTE(jack2 @ Dec 21 2012, 09:56 PM)
there is
*
Ah I really need some one to teach me. Anyone free to meet up? Lol
boyvai
post Dec 22 2012, 03:39 AM

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QUOTE(smellz @ Dec 22 2012, 03:29 AM)
Ah I really need some one to teach me. Anyone free to meet up? Lol
*
here.do e mail them,call them for more detail.chose what method to deposit.explore,explore.
Fxopen helpdesk?
wah,i become ib lol.

happy weekend fellow traders wink.gif

This post has been edited by boyvai: Dec 22 2012, 03:39 AM
transhumanist92
post Dec 22 2012, 05:24 AM

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anyone using ichimoku indicator here?
Shah.Legno
post Dec 22 2012, 08:06 AM

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QUOTE(transhumanist92 @ Dec 22 2012, 05:24 AM)
anyone using ichimoku indicator here?
*
I using Ichimoku...but not for my main trading indicator..just a side indicator, for learning the market habit..

i more prefer to Bolinger Bands,Moving Average,Trendline & Stochastic.. thumbup.gif
transhumanist92
post Dec 22 2012, 09:28 AM

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QUOTE(Shah.Legno @ Dec 22 2012, 08:06 AM)
I using Ichimoku...but not for my main trading indicator..just a side indicator, for learning the market habit..

i more prefer to Bolinger Bands,Moving Average,Trendline & Stochastic.. thumbup.gif
*
why? is ichi not accurate enough for you?
jack2
post Dec 22 2012, 10:07 AM

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QUOTE(smellz @ Dec 22 2012, 03:29 AM)
Ah I really need some one to teach me. Anyone free to meet up? Lol
*
Where you stay? can PM skype, easy to teach.

QUOTE(transhumanist92 @ Dec 22 2012, 09:28 AM)
why? is ichi not accurate enough for you?
*
you are using? nice bo?
Shah.Legno
post Dec 22 2012, 10:38 AM

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QUOTE(transhumanist92 @ Dec 22 2012, 09:28 AM)
why? is ichi not accurate enough for you?
*
Yup..for me is not accurate enough...maybe i'm not expertly use it to it's full potential..need to learn more.

i like more Bollinger Bands which can detect the top & the bottom of the trade...much better i can see what the best time to entry.

Btw

u ask this because u expert in using Ichimoku or u want to start learn using it?

This post has been edited by Shah.Legno: Dec 23 2012, 12:33 AM
mchicken
post Dec 22 2012, 11:48 AM

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QUOTE(smellz @ Dec 22 2012, 03:29 AM)
Ah I really need some one to teach me. Anyone free to meet up? Lol
*
Hi there, I guess its beter if you read thru their terms. I guess fxopen has ib around which help to deposit and withdraw money with fix rate, sth like deposit 3.5usd x amount, withdrawal 3.3 usd x amount. Are u Chinese and from kl area? If you are, there is a group of traders in cari forum which their leader is fx open ib, which he sells top up ticket as well, sometime will distribute it for free, like 10, 20 usd for newbies. Just check.

This post has been edited by mchicken: Dec 22 2012, 11:48 AM
Shah.Legno
post Dec 23 2012, 01:07 AM

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QUOTE(cinbao @ Dec 20 2012, 01:17 PM)
May I know why xforex.com unsafe?
*
Yesss..u must be carefull in choosing a broker.

u must do some research about broker to know why it safe or unsafe.

This post has been edited by Shah.Legno: Dec 23 2012, 01:08 AM
SUSproject68
post Dec 26 2012, 10:34 PM

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lol i didn't know that lowyat got forex thread,can i join you guys?i have been trading for 1 year now,basket trader sweat.gif
Shah.Legno
post Dec 26 2012, 11:11 PM

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QUOTE(project68 @ Dec 26 2012, 10:34 PM)
lol i didn't know that lowyat got forex thread,can i join you guys?i have been trading for 1 year now,basket trader  sweat.gif
*
No problem..come join..u welcome buddy.. icon_idea.gif
timesrun
post Dec 27 2012, 11:31 AM

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QUOTE(boyvai @ Dec 22 2012, 03:39 AM)
here.do e mail them,call them for more detail.chose what method to deposit.explore,explore.
Fxopen helpdesk?
wah,i become ib lol.

happy weekend fellow traders wink.gif
*
Guys...this are FXOPEN following company address

Perfect Island Sdn. Bhd.
Suite 27.04, TA One Tower,
Level 27, 22 Jln P. Ramlee,
50250 Kuala Lumpur, Malaysia.
[t] +603 2161 0001
[f] +603 2163 1316
www.fxopen.com

This post has been edited by timesrun: Dec 27 2012, 11:33 AM
Shah.Legno
post Dec 27 2012, 12:30 PM

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QUOTE(timesrun @ Dec 27 2012, 11:31 AM)
Guys...this are FXOPEN following company address

Perfect Island Sdn. Bhd.
Suite 27.04, TA One Tower,
Level 27, 22 Jln P. Ramlee,
50250 Kuala Lumpur, Malaysia.
[t] +603 2161 0001
[f] +603 2163 1316
www.fxopen.com
*
last time i heard..FX Open office in Malaysia already closed down...

still got the office there?

This post has been edited by Shah.Legno: Dec 27 2012, 12:31 PM
tension_fedup
post Dec 27 2012, 12:37 PM

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Did u guy trade daily? And is there any job intro related to forex?
WirelessBrain
post Dec 27 2012, 01:40 PM

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so basically , how much do u guys earns per day ?
is it stressful ?
need to have some feedback here as i will join it soon
BeyondAlen93
post Dec 27 2012, 01:55 PM

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QUOTE(timesrun @ Dec 27 2012, 11:31 AM)
Guys...this are FXOPEN following company address

Perfect Island Sdn. Bhd.
Suite 27.04, TA One Tower,
Level 27, 22 Jln P. Ramlee,
50250 Kuala Lumpur, Malaysia.
[t] +603 2161 0001
[f] +603 2163 1316
www.fxopen.com
*
Malaysia got Brooker company? lolz i dint know that hmm.gif


Added on December 27, 2012, 2:06 pm
QUOTE(WirelessBrain @ Dec 27 2012, 01:40 PM)
so basically , how much do u guys earns per day ?
is it stressful ?
need to have some feedback here as i will join it soon
*
It depends how the trader's trade, some trader trade by scalping some are in long-term.
for me if the trend are going up, i will prefer going on long-term basis. if the market movement up and down, i will trade by scalping.
people wont see on profit or lost, more people see on pips depending on how strong your account.

for example
formula
equity x 0.02 (2% risk per trade) / 50 pips x 10 USD (EUR/USD)

let say i got $5,000 USD in my account

5000 x 0.02 per trade / 50 x 10 = 20 which is 0.20 lot size (2 per pips)

if you collect 200 pips per week

200 pips x $2 per pip = earn $ 400 USD per week
4 weeks x 400 USD = earn $1,600 per month

trade it constantly will be better to reduce your risk to minimum biggrin.gif

trade smart icon_rolleyes.gif

This post has been edited by BeyondAlen93: Dec 27 2012, 02:13 PM
WirelessBrain
post Dec 27 2012, 02:39 PM

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QUOTE(BeyondAlen93 @ Dec 27 2012, 01:55 PM)
Malaysia got Brooker company? lolz i dint know that  hmm.gif


Added on December 27, 2012, 2:06 pm

It depends how the trader's trade, some trader trade by scalping some are in long-term.
for me if the trend are going up, i will prefer going on long-term basis. if the market movement up and down, i will trade by scalping.
people wont see on profit or lost, more people see on pips depending on how strong your account.

for example
formula
equity x 0.02 (2% risk per trade) / 50 pips x 10 USD (EUR/USD)

let say i got $5,000 USD in my account

5000 x 0.02 per trade / 50 x 10 = 20 which is 0.20 lot size (2 per pips)

if  you collect 200 pips per week

200 pips x $2 per pip = earn $ 400 USD per week
4 weeks x 400 USD = earn $1,600 per month

trade it constantly will be better to reduce your risk to minimum  biggrin.gif

trade smart  icon_rolleyes.gif
*
earning in usd would triple your myr
that's great opportunity.thanks for your feedback

what happen when you withdraw your earning ?
how many percent for broker and how many percent for you ?

BeyondAlen93
post Dec 27 2012, 03:13 PM

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QUOTE(WirelessBrain @ Dec 27 2012, 02:39 PM)
earning in usd would triple your myr
that's great opportunity.thanks for your feedback

what happen when you withdraw your earning ?
how many percent for broker and how many percent for you ?
*
Well, i will withdraw via my brooker website then log-in. normally we use bankwire which deduct $50 USD only and other charges not more than RM100 (not sure) not on interest/percentage
withdraw the money to your bank account must wait 2-3 days working day, after you receive your income, they will send the statement to your address
if you using Maybank Bank
smile.gif
Shah.Legno
post Dec 27 2012, 06:34 PM

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QUOTE(WirelessBrain @ Dec 27 2012, 02:39 PM)
earning in usd would triple your myr
that's great opportunity.thanks for your feedback

what happen when you withdraw your earning ?
how many percent for broker and how many percent for you ?
*
That's the best thing happen in forex, time to withdraw moneyyh..haha. thumbup.gif
timesrun
post Dec 27 2012, 10:25 PM

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QUOTE(Shah.Legno @ Dec 27 2012, 12:30 PM)
last time i heard..FX Open office in Malaysia already closed down...

still got the office there?
*
yup..still got office there... just 1 month ago i worked there. laugh.gif
Shah.Legno
post Dec 27 2012, 10:48 PM

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QUOTE(timesrun @ Dec 27 2012, 10:25 PM)
yup..still got office there... just 1 month ago i worked there.  laugh.gif
*
owh really...will sure to check it out..

thanks smile.gif
timesrun
post Dec 27 2012, 10:58 PM

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QUOTE(Shah.Legno @ Dec 27 2012, 10:48 PM)
owh really...will sure to check it out..

thanks smile.gif
*
Yeah smile.gif

Shah.Legno
post Dec 28 2012, 02:15 AM

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Anybody here expertly use Bollinger Band & Moving Average as their main trading tool?

if anyone use it, hope we can discuss more depth about this technique..smile.gif
poks
post Dec 28 2012, 07:37 AM

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QUOTE(Shah.Legno @ Dec 27 2012, 06:34 PM)
That's the best thing happen in forex, time to withdraw moneyyh..haha. thumbup.gif
*
it may sound that easy, but in real life.. starting to be profitable will take longer time.
just like other jobs, it take time to master.


Added on December 28, 2012, 7:39 am
QUOTE(BeyondAlen93 @ Dec 27 2012, 03:13 PM)
Well, i will withdraw via my brooker website then log-in. normally we use bankwire which deduct $50 USD only and other charges not more than RM100 (not sure) not on interest/percentage
withdraw the money to your bank account must wait 2-3 days working day, after you receive your income, they will send the statement to your address
if you using Maybank Bank
smile.gif
*
oh my... that is cutting client's throat.
for my broker, it's a flat $15 wire charge per transaction.
you may want to check your broker/change to other.


Added on December 28, 2012, 7:42 am
QUOTE(WirelessBrain @ Dec 27 2012, 01:40 PM)
so basically , how much do u guys earns per day ?
is it stressful ?
need to have some feedback here as i will join it soon
*
how much per day depends on how long you have been trading, your strategy, your method, most important is your discipline.
do take note, without proper management your profit/loss can be doubled in few minutes time.
do more research will be a benefit to you..

This post has been edited by poks: Dec 28 2012, 08:07 AM
poks
post Dec 28 2012, 08:02 AM

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Some thing to think of biggrin.gif
looking to buy this pair..
btw, it's holiday season... not advisable to trade..
tayor..

This post has been edited by poks: Dec 28 2012, 08:03 AM


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Shah.Legno
post Dec 28 2012, 09:16 AM

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[quote=poks,Dec 28 2012, 07:37 AM]
it may sound that easy, but in real life.. starting to be profitable will take longer time.
just like other jobs, it take time to master.

Yes...the reality it's very hard to earn the profit...

i just mention, when we can winthdraw the money...it's the best moment in trading..cheers. laugh.gif
sleepwalker
post Dec 28 2012, 12:57 PM

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QUOTE(timesrun @ Dec 27 2012, 10:25 PM)
yup..still got office there... just 1 month ago i worked there.  laugh.gif
*
Then you had no idea where you worked at. An IB does not represent the broker. Yes, the name is deceiving as they are called Introducing Broker but they are NOT the broker. They are similar to MLM agents (who are also a customer of the MLM company but does not represent the company) where they drive customers to the Broker and gets compensated based on the spread of their client's dealing. The more their clients trade, the more spread they earn. They work closely with the broker and have access to some additional tools to support their clients (does this begin to sound like MLM Agents supporting clients?..). An IB's job is also to provide support to the customers.

Anybody can be an IB (just like any MLM, you can stay as customer to buy products or you can recruit in which you become the MLM agent) as long as you fit the requirements of the broker. FXOPEN is not stupid enough to open an office in Malaysia and therefore rely on their IBs to get them customers.




wailup
post Dec 28 2012, 02:55 PM

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QUOTE(sleepwalker @ Dec 28 2012, 12:57 PM)
Then you had no idea where you worked at. An IB does not represent the broker. Yes, the name is deceiving as they are called Introducing Broker but they are NOT the broker. They are similar to MLM agents (who are also a customer of the MLM company but does not represent the company) where they drive customers to the Broker and gets compensated based on the spread of their client's dealing. The more their clients trade, the more spread they earn. They work closely with the broker and have access to some additional tools to support their clients (does this begin to sound like MLM Agents supporting clients?..). An IB's job is also to provide support to the customers.

Anybody can be an IB (just like any MLM, you can stay as customer to buy products or you can recruit in which you become the MLM agent) as long as you fit the requirements of the broker. FXOPEN is not stupid enough to open an office in Malaysia and therefore rely on their IBs to get them customers.
*
sifu... are there anything you doesnt know.. tongue.gif whistling.gif
Shah.Legno
post Dec 28 2012, 04:42 PM

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QUOTE(sleepwalker @ Dec 28 2012, 12:57 PM)
Then you had no idea where you worked at. An IB does not represent the broker. Yes, the name is deceiving as they are called Introducing Broker but they are NOT the broker. They are similar to MLM agents (who are also a customer of the MLM company but does not represent the company) where they drive customers to the Broker and gets compensated based on the spread of their client's dealing. The more their clients trade, the more spread they earn. They work closely with the broker and have access to some additional tools to support their clients (does this begin to sound like MLM Agents supporting clients?..). An IB's job is also to provide support to the customers.

Anybody can be an IB (just like any MLM, you can stay as customer to buy products or you can recruit in which you become the MLM agent) as long as you fit the requirements of the broker. FXOPEN is not stupid enough to open an office in Malaysia and therefore rely on their IBs to get them customers.
*
That's rite what u say bro...IB is just the agent for the broker..

I think that's not the official office of FXOpen...maybe it's just their IB office.
sleepwalker
post Dec 28 2012, 05:09 PM

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QUOTE(Shah.Legno @ Dec 28 2012, 04:42 PM)
That's rite what u say bro...IB is just the agent for the broker..

I think that's not the official office of FXOpen...maybe it's just their IB office.
*
It is stated very clearly on their contact website that they do not have any office in Malaysia. Even the phone number is a VOIP number routed to their call center.
Shah.Legno
post Dec 28 2012, 06:09 PM

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Already do some buy & then sell 2 hour ago...

Good buy & sell setup i detect with my BB + MA tools...smile.gif

user posted image
SUSproject68
post Dec 28 2012, 06:34 PM

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woah still got people trade this end of year eh...too risky
Shah.Legno
post Dec 28 2012, 06:35 PM

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QUOTE(project68 @ Dec 28 2012, 06:34 PM)
woah still got people trade this end of year eh...too risky
*
ahaha..i like to Trade everyday,every week & every month even it is risky.. wink.gif

at the same time i can learn more about market behaviour..

This post has been edited by Shah.Legno: Dec 28 2012, 06:38 PM
SUSproject68
post Dec 28 2012, 06:47 PM

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QUOTE(Shah.Legno @ Dec 28 2012, 06:35 PM)
ahaha..i like to Trade everyday,every week & every month.. wink.gif
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i also trade right now but only demo,sked wan use live account at this time coz not confidence enough to trigger short/long button rolleyes.gif
Shah.Legno
post Dec 28 2012, 07:10 PM

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QUOTE(project68 @ Dec 28 2012, 06:47 PM)
i also trade right now but only demo,sked wan use live account at this time coz not confidence enough to trigger short/long button  rolleyes.gif
*
No problem..just practice more & make it perfect entry..goodluck thumbup.gif
Albakri86
post Dec 29 2012, 03:16 AM

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Hi newbie here trade for less than 6mth. Just sharing my experience in forex trading, using forex.com broker, so far no problem easy withdraw/deposit using debit card/ no charges, min deposit quite high usd500 XD. trade based on ema, scalping 20 - 30 pips per day with low leverage 50:1, but sometimes greedinesss taking over me, so hard to make consistent profit. any advice on mental management? ohhh
Shah.Legno
post Dec 29 2012, 07:42 AM

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QUOTE(Albakri86 @ Dec 29 2012, 03:16 AM)
Hi newbie here trade for less than 6mth. Just sharing my experience in forex trading, using forex.com broker, so far no problem easy withdraw/deposit using debit card/ no charges, min deposit quite high usd500 XD. trade based on ema, scalping 20 - 30 pips per day with low leverage 50:1, but sometimes greedinesss taking over me, so hard to make consistent profit. any advice on mental management? ohhh
*
hye buddy, ur welcome here...

mostly most of the trader failed in trading because they let their emotion control their trading even their skill is already very good...

the key to success is must be very patient in trading & have very good money management...

this is the solution & the hardest part in trading. sweat.gif
BeyondAlen93
post Dec 29 2012, 01:58 PM

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QUOTE(Shah.Legno @ Dec 28 2012, 06:35 PM)
ahaha..i like to Trade everyday,every week & every month even it is risky.. wink.gif

at the same time i can learn more about market behaviour..
*
your are good scalper!! hahaha rclxms.gif
Albakri86
post Dec 29 2012, 04:16 PM

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QUOTE(Shah.Legno @ Dec 29 2012, 07:42 AM)
hye buddy, ur welcome here...

mostly most of the trader failed in trading because they let their emotion control their trading even their skill is already very good...

the key to success is must be very patient in trading & have very good money management...

this is the solution & the hardest part in trading. sweat.gif
*
yeah, still building my self discipline, so far no big losses, manage to get 30 - 50usd per day but always see that amount in MYR. and try to wait for more till it came breakeven or sell for little loss/little profit. rclxub.gif rclxub.gif rclxub.gif

qwertyuioped
post Dec 29 2012, 08:40 PM

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QUOTE(Shah.Legno @ Dec 28 2012, 07:09 PM)
Already do some buy & then sell 2 hour ago...

Good buy & sell setup i detect with my BB + MA tools...smile.gif

user posted image
*
banyaknya bukak chart bang... biggrin.gif
why is it trading in the end of year is risky?
Shah.Legno
post Dec 30 2012, 11:14 AM

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QUOTE(BeyondAlen93 @ Dec 29 2012, 01:58 PM)
your are good scalper!! hahaha  rclxms.gif
*
Mostly now my trading style is swing...

before this i like to scalping, but it takes too much of my focus & energy...

i always fell asleep & tired very fast with scalping...no more scalping now..

just swing 2 or 3 days is enough... smile.gif


Added on December 30, 2012, 11:17 am
QUOTE(qwertyuioped @ Dec 29 2012, 08:40 PM)
banyaknya bukak chart bang...  biggrin.gif
why is it trading in the end of year is risky?
*
i open many chart in different Time frame because to search for strong setup confirmation movement...

it's important for my swing style..

trading in the end of year is always risky, because the level volatility is unpredictable..it will give you headache..hahaha.. laugh.gif

This post has been edited by Shah.Legno: Dec 30 2012, 11:39 AM
timesrun
post Dec 31 2012, 04:54 AM

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QUOTE(sleepwalker @ Dec 28 2012, 12:57 PM)
Then you had no idea where you worked at. An IB does not represent the broker. Yes, the name is deceiving as they are called Introducing Broker but they are NOT the broker. They are similar to MLM agents (who are also a customer of the MLM company but does not represent the company) where they drive customers to the Broker and gets compensated based on the spread of their client's dealing. The more their clients trade, the more spread they earn. They work closely with the broker and have access to some additional tools to support their clients (does this begin to sound like MLM Agents supporting clients?..). An IB's job is also to provide support to the customers.

Anybody can be an IB (just like any MLM, you can stay as customer to buy products or you can recruit in which you become the MLM agent) as long as you fit the requirements of the broker. FXOPEN is not stupid enough to open an office in Malaysia and therefore rely on their IBs to get them customers.
*
I was the Account Manager there last time, and i mean the director from New Zealand. Why i do not know? It is company, not a broker. There just use another name to represent because in Malaysia it is still considered illegal. cool2.gif


Added on December 31, 2012, 4:57 am
QUOTE(sleepwalker @ Dec 28 2012, 05:09 PM)
It is stated very clearly on their contact website that they do not have any office in Malaysia. Even the phone number is a VOIP number routed to their call center.
*
That is office la, not IB office. IBs' do not neccessary to have an office there and pay rental for high cost. shakehead.gif

This post has been edited by timesrun: Dec 31 2012, 04:57 AM
Shah.Legno
post Dec 31 2012, 08:44 AM

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QUOTE(timesrun @ Dec 31 2012, 04:54 AM)
I was the Account Manager there last time, and i mean the director from New Zealand. Why i do not know? It is company, not a broker. There just use another name to represent because in Malaysia it is still considered illegal.  cool2.gif


Added on December 31, 2012, 4:57 am

That is office la, not IB office. IBs' do not neccessary to have an office there and pay rental for high cost.  shakehead.gif
*
Oic..if true...they are good in camouflage themselves... thumbup.gif
BeyondAlen93
post Dec 31 2012, 11:49 AM

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QUOTE(Shah.Legno @ Dec 30 2012, 11:14 AM)
Mostly now my trading style is swing...

before this i like to scalping, but it takes too much of my focus & energy...

i always fell asleep & tired very fast with scalping...no more scalping now..

just swing 2 or 3 days is enough... smile.gif


Added on December 30, 2012, 11:17 am

i open many chart in different Time frame because to search for strong setup confirmation movement...

it's important for my swing style..

trading in the end of year is always risky, because the level volatility is unpredictable..it will give you headache..hahaha.. laugh.gif
*
I see... Keep it up!! icon_rolleyes.gif
Shah.Legno
post Dec 31 2012, 01:54 PM

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QUOTE(BeyondAlen93 @ Dec 31 2012, 11:49 AM)
I see... Keep it up!!  icon_rolleyes.gif
*
that's for sure!

new success target for new year 2013...goodluck all traders! thumbup.gif


Added on December 31, 2012, 6:49 pmToday almost all bank holiday..so market trading in low volume & sideways.

user posted image

This post has been edited by Shah.Legno: Dec 31 2012, 06:50 PM
boyvai
post Dec 31 2012, 09:58 PM

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nice chart shah.
this week holiday.consolidate movement.
Shah.Legno
post Dec 31 2012, 10:37 PM

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QUOTE(boyvai @ Dec 31 2012, 09:58 PM)
nice chart shah.
this week holiday.consolidate movement.
*
Thanks!

I will keep it up updated post the good trading chart, for the sake of learning.. smile.gif
cresender
post Jan 2 2013, 01:41 PM

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QUOTE(poks @ Dec 28 2012, 08:02 AM)
Some thing to think of  biggrin.gif
looking to buy this pair..
btw, it's holiday season... not advisable to trade..
tayor..
*
Nice one.. thanks. tongue.gif icon_rolleyes.gif
klthor
post Jan 2 2013, 04:30 PM

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hello, i was just introduced to FOREX trading and read the tutorials from babypips. but i do not know which brooker to lookng for, any recommendation for brookers for me living in malaysia?
poks
post Jan 2 2013, 06:51 PM

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QUOTE(cresender @ Jan 2 2013, 01:41 PM)
Nice one.. thanks. tongue.gif icon_rolleyes.gif
*
Lol.
I closed mine on 31.
Good if some of you guys still holding on
Now starting the new year fresh..
SUSxander83
post Jan 3 2013, 04:23 AM

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a good new yr for me so far

0.9% on longing the aussie early tongue.gif
mchicken
post Jan 3 2013, 06:24 PM

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E/U and G/U drop like mad...
Shah.Legno
post Jan 3 2013, 08:28 PM

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My Bollinger Band+MA+Stoch+RSI..give me early sell signal for today.. flex.gif

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BeyondAlen93
post Jan 3 2013, 08:54 PM

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QUOTE(mchicken @ Jan 3 2013, 06:24 PM)
E/U and G/U drop like mad...
*
i'm earning like mad... cool2.gif


Added on January 3, 2013, 8:54 pm
QUOTE(Shah.Legno @ Jan 3 2013, 08:28 PM)
My Bollinger Band+MA+Stoch+RSI..give me early sell signal for today.. flex.gif

user posted image
*
nice want ~ biggrin.gif
do you think it will continue to drop till 1.3050?

This post has been edited by BeyondAlen93: Jan 3 2013, 09:00 PM
Shah.Legno
post Jan 3 2013, 10:43 PM

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QUOTE(BeyondAlen93 @ Jan 3 2013, 08:54 PM)
i'm earning like mad...  cool2.gif


Added on January 3, 2013, 8:54 pm

nice want ~ biggrin.gif
do you think it will continue to drop till 1.3050?
*
yes...at least it will go to that price level retracement..
mchicken
post Jan 4 2013, 01:43 AM

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Lots bad news for EU and GU, AU dooesnt get affected much... When will it goes back up.. Any idea? 1.3050, seriously?
sleepwalker
post Jan 4 2013, 10:13 AM

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QUOTE(mchicken @ Jan 4 2013, 01:43 AM)
Lots bad news for EU and GU, AU dooesnt get affected much... When will it goes back up.. Any idea? 1.3050, seriously?
*
3AM FOMC report.. Feds wants to stop printing easy money... USD gains.. and now already below 1.3050. Almost 300 pips down since New Year.. NFP report tonight is not even going to be exciting anymore.
Shah.Legno
post Jan 4 2013, 11:14 AM

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QUOTE(sleepwalker @ Jan 4 2013, 10:13 AM)
3AM FOMC report.. Feds wants to stop printing easy money... USD gains.. and now already below 1.3050. Almost 300 pips down since New Year.. NFP report tonight is not even going to be exciting anymore.
*
Yes..agree with that...NFP tonite will not be exciting anymore.
BeyondAlen93
post Jan 4 2013, 02:17 PM

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QUOTE(Shah.Legno @ Jan 3 2013, 10:43 PM)
yes...at least it will go to that price level retracement..
*
OMG!! drop beyond my expected... lucky i did not close my position icon_rolleyes.gif
Shah.Legno
post Jan 4 2013, 03:59 PM

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QUOTE(BeyondAlen93 @ Jan 4 2013, 02:17 PM)
OMG!! drop beyond my expected... lucky i did not close my position  icon_rolleyes.gif
*
today we will know if Bullish tone at Daily will still available back...

if it not breakout my EMA 50 line, the candle play around there rite now...if not breakout..the bull will come back at least Monday.. cool.gif
BeyondAlen93
post Jan 4 2013, 04:15 PM

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QUOTE(Shah.Legno @ Jan 4 2013, 03:59 PM)
today we will know if Bullish tone at Daily will still available back...

if it not breakout my EMA 50 line, the candle play around there rite now...if not breakout..the bull will come back at least Monday.. cool.gif
*
owh i see.... ok i keep in mind, i will look for the great time to close my position at night tongue.gif
Shah.Legno
post Jan 4 2013, 06:44 PM

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QUOTE(BeyondAlen93 @ Jan 4 2013, 04:15 PM)
owh i see.... ok i keep in mind, i will look for the great time to close my position at night  tongue.gif
*
If the market breakout my EMA 50 Daily timeframe,,the bear will continue towards EMA 50 Weekly at least...

hope it not breakout after today NFP news...want the bull continue back..
mchicken
post Jan 4 2013, 07:06 PM

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Exactly, only two days from new year, it dropped 300pips... thats amazing. Break all the support, its like unstoppable. If later NFP comes out good news, shit... i cant imagine...
Shah.Legno
post Jan 5 2013, 12:36 PM

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As my prediction yesterday the bear not breakout my EMA 50 Daily line...it bounce back up...

The comeback of bullish we will seen back then by next week at least..
mchicken
post Jan 5 2013, 05:33 PM

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Example of Russian bucket shop pls?
BeyondAlen93
post Jan 5 2013, 11:27 PM

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QUOTE(Shah.Legno @ Jan 5 2013, 12:36 PM)
As my prediction yesterday the bear not breakout my EMA 50 Daily line...it bounce back up...

The comeback of bullish we will seen back then by next week at least..
*
you're right... hmmm, i wonder how gonna happen next week... hmm.gif
Shah.Legno
post Jan 6 2013, 12:09 AM

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QUOTE(mchicken @ Jan 5 2013, 05:33 PM)
Example of Russian bucket shop pls?
*
Russian bucket?

explanation please..
zephyrus9999
post Jan 6 2013, 09:09 PM

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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
johnnywzm
post Jan 6 2013, 09:19 PM

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QUOTE(zephyrus9999 @ Jan 6 2013, 09:09 PM)
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?
Shah.Legno
post Jan 6 2013, 09:26 PM

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QUOTE(zephyrus9999 @ Jan 6 2013, 09:09 PM)
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
*
at Instaforex..mostly complain i always hear from traders is graph manipulation...that's what i can describe..
andrewleewaikeong
post Jan 6 2013, 10:33 PM

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QUOTE(johnnywzm @ Jan 6 2013, 09:19 PM)
mind elaborate what the scam were?
*
yeah what scam ? using it for nearly 2 years no issue so far...
klthor
post Jan 6 2013, 10:36 PM

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QUOTE(zephyrus9999 @ Jan 6 2013, 09:09 PM)
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
*
same im looking for a brooker too... like easy to withdraw money and reliable...
solstice818
post Jan 6 2013, 11:02 PM

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QUOTE(andrewleewaikeong @ Jan 6 2013, 10:33 PM)
yeah what scam ? using it for nearly 2 years no issue so far...
*
A lot reports of catching SL and missing TP. Google it smile.gif
Shah.Legno
post Jan 6 2013, 11:10 PM

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QUOTE(solstice818 @ Jan 6 2013, 11:02 PM)
A lot reports of catching SL and missing TP. Google it  smile.gif
*
That's what i always heard from Intasforex...it's trading manipulation. hmm.gif
daveiam
post Jan 7 2013, 12:29 AM

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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 thumbup.gif
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post Jan 7 2013, 01:21 AM

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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.
zephyrus9999
post Jan 7 2013, 01:48 AM

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QUOTE(johnnywzm @ Jan 6 2013, 09:19 PM)
mind elaborate what the scam were?
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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?
qwertyuioped
post Jan 7 2013, 01:15 PM

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instaforex always requotes. dont know why. not suitable for scalpers.
boyvai
post Jan 7 2013, 03:19 PM

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QUOTE(blitzsoff @ Jan 7 2013, 01:21 AM)
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.
*
set it at your own preference.try this link.got every detail on each indi and 1000 strategy;good luck biggrin.gif
Forex Strategy
Forex indicator
sleepwalker
post Jan 7 2013, 04:18 PM

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QUOTE(mchicken @ Jan 4 2013, 07:06 PM)
Exactly, only two days from new year, it dropped 300pips... thats amazing. Break all the support, its like unstoppable. If later NFP comes out good news, shit... i cant imagine...
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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.
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post Jan 7 2013, 04:29 PM

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QUOTE(zephyrus9999 @ Jan 6 2013, 09:09 PM)
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
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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.
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post Jan 7 2013, 04:39 PM

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QUOTE(Shah.Legno @ Jan 6 2013, 09:26 PM)
at Instaforex..mostly complain i always hear from traders is graph manipulation...that's what i can describe..
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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
andrewleewaikeong
post Jan 7 2013, 06:29 PM

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QUOTE(solstice818 @ Jan 6 2013, 11:02 PM)
A lot reports of catching SL and missing TP. Google it  smile.gif
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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
Shah.Legno
post Jan 8 2013, 12:43 AM

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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.. thumbup.gif

user posted image

This post has been edited by Shah.Legno: Jan 8 2013, 12:44 AM
kingkong999
post Jan 8 2013, 11:47 AM

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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
blitzsoff
post Jan 8 2013, 09:57 PM

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QUOTE(boyvai @ Jan 7 2013, 03:19 PM)
set it at your own preference.try this link.got every detail on each indi and 1000 strategy;good luck biggrin.gif
Forex Strategy
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thx.that really helps a lot. smile.gif .btw,may i know whether we're allowed to post about strategies and techniques here?
boyvai
post Jan 8 2013, 10:13 PM

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QUOTE(blitzsoff @ Jan 8 2013, 09:57 PM)
thx.that really helps a lot. smile.gif .btw,may i know whether we're allowed to post about strategies and techniques here?
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you are welcome to share your technique,strategies, no problem. biggrin.gif
Shah.Legno
post Jan 9 2013, 07:41 AM

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QUOTE(blitzsoff @ Jan 8 2013, 09:57 PM)
thx.that really helps a lot. smile.gif .btw,may i know whether we're allowed to post about strategies and techniques here?
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Yes sure...just share any strategies & techniques. it will help many traders. thumbup.gif

This post has been edited by Shah.Legno: Jan 9 2013, 07:41 AM
T3N5AI
post Jan 9 2013, 05:36 PM

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I'm in sg. Any reliable broker to recommend?
alowie
post Jan 9 2013, 06:04 PM

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QUOTE(T3N5AI @ Jan 9 2013, 05:36 PM)
I'm in sg. Any reliable broker to recommend?
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Oanda. Try to look for Saxo Bank too.
Shah.Legno
post Jan 10 2013, 05:37 AM

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QUOTE(T3N5AI @ Jan 9 2013, 05:36 PM)
I'm in sg. Any reliable broker to recommend?
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I suggest IronFx or XEMarket...this two quiet reliable.. smile.gif

This post has been edited by Shah.Legno: Jan 10 2013, 05:37 AM
BeyondAlen93
post Jan 10 2013, 11:01 AM

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By looking on 4H and 1D for EUR/USD. the trend are going down firmly

For 1 Day watch
my support would be 1.2994
my ressistance would be 1.3115

what do you think guys?
s_kates81
post Jan 10 2013, 04:58 PM

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How to get best exchange rates for an outgoing wire transfer in US$ ? i.e. MYR-US$ . Bank board rates sucks.
Shah.Legno
post Jan 10 2013, 06:22 PM

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QUOTE(BeyondAlen93 @ Jan 10 2013, 11:01 AM)
By looking on 4H and 1D for EUR/USD. the trend are going down firmly

For 1 Day watch
my support would be 1.2994
my ressistance would be 1.3115

what do you think guys?
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In my opinion, for me if it still not breakout down my EMA 50 Daily line, it's still valid for buy, the bullish sentiment still strong. smile.gif
Shah.Legno
post Jan 10 2013, 11:58 PM

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As i said before...after it breaks my EMA 50 H4 line...the bullish sentiment is really back & it blow up towards 200 pips one move in one day only! whoaaa.. rclxm9.gif

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This post has been edited by Shah.Legno: Jan 11 2013, 03:00 AM
uncle-kimi
post Jan 11 2013, 10:39 AM

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QUOTE(Shah.Legno @ Jan 10 2013, 11:58 PM)
As i said before...after it breaks my EMA 50 H4 line...the bullish sentiment is really back & it blow up towards 200 pips one move in one day only! whoaaa.. rclxm9.gif

user posted image
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bump for you rclxms.gif
TSkevler
post Jan 11 2013, 12:00 PM

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for those who bought GJ last night ...congrats on your profits :-)
TSkevler
post Jan 11 2013, 12:00 PM

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also on rally on EU/EJ ...what a nice bullish

This post has been edited by kevler: Jan 11 2013, 12:01 PM
Shah.Legno
post Jan 11 2013, 04:49 PM

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QUOTE(uncle-kimi @ Jan 11 2013, 10:39 AM)
bump for you  rclxms.gif
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Thank you!
Andihfx
post Jan 12 2013, 05:49 PM

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QUOTE(PopIsDead @ Nov 3 2012, 11:30 PM)
user posted image

im ranked #7 at fxprimus trading contest -1 month

lets trade forex baby..
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Mind to share your trading tips?
Andihfx
post Jan 12 2013, 05:51 PM

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QUOTE(kevler @ Jan 11 2013, 12:00 PM)
also on rally on EU/EJ ...what a nice bullish
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What's your opinion for this coming week? Still bullish? rclxms.gif
solstice818
post Jan 13 2013, 12:36 AM

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Beaming with smiles for the past few days. All the 9 positions of EU longs with tight SL(since i bought from bottom) all closed with landslide profits.

The only regrets is that I closed my EJ long 150pips earlier since I m not comfortable with the YEN movements for the past month. Overall, it had been a nice weekend. biggrin.gif

Anyway, I am looking forward to SHORT AUDUSD soon. Everytime CNY, the AUD falls like bungee jump. It has been this way since 06 with the exception of 08 it rises....
Andihfx
post Jan 13 2013, 12:54 AM

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QUOTE(solstice818 @ Jan 13 2013, 12:36 AM)
Beaming with smiles for the past few days. All the 9 positions of EU longs with tight SL(since i bought from bottom) all closed with landslide profits.

The only regrets is that I closed my EJ long 150pips earlier since I m not comfortable with the YEN movements for the past month. Overall, it had been a nice weekend. biggrin.gif

Anyway, I am looking forward to SHORT AUDUSD soon. Everytime CNY, the AUD falls like bungee jump. It has been this way since 06 with the exception of 08 it rises....
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I am glad to hear that you are making nice profits.
solstice818
post Jan 13 2013, 02:19 AM

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QUOTE(Andihfx @ Jan 13 2013, 12:54 AM)
I am glad to hear that you are making nice profits.
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Thanks but these days, there isnt much logic behind those movements in market. One can win a lot or lose a lot. Better apply your SL smartly.
transhumanist92
post Jan 13 2013, 05:25 AM

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QUOTE(Shah.Legno @ Jan 10 2013, 11:58 PM)
As i said before...after it breaks my EMA 50 H4 line...the bullish sentiment is really back & it blow up towards 200 pips one move in one day only! whoaaa.. rclxm9.gif

user posted image
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lol so many indicators doh.gif these stuffs have no capacity to be predictive cuz they are based on lagging derivative of price, which won't trigger entry until significant movement has occurred in a new direction
Shah.Legno
post Jan 13 2013, 11:55 AM

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QUOTE(transhumanist92 @ Jan 13 2013, 05:25 AM)
lol so many indicators doh.gif these stuffs have no capacity to be predictive cuz they are based on lagging derivative of price, which won't trigger entry until significant movement has occurred in a new direction
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it's reliable for me...no problem & help me a lot in trading. smile.gif
boyvai
post Jan 13 2013, 07:41 PM

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I use lagging indi to.no problem lol
So many pro come suddenly critic peoples system without any word that can support their critic.


transhumanist92
post Jan 13 2013, 07:54 PM

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QUOTE(boyvai @ Jan 13 2013, 07:41 PM)
I use lagging indi to.no problem lol
So many pro come suddenly critic peoples system without any word  that can support their critic.
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not criticizing bro, i'm a newb also, indicators work well while the market is trending but they start to fail in ranging market, i'm looking looking for techniques/strategies to be used in ranging market, do you have any idea?
boyvai
post Jan 13 2013, 10:14 PM

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QUOTE(transhumanist92 @ Jan 13 2013, 07:54 PM)
not criticizing bro, i'm a newb also, indicators work well while the market is trending but they start to fail in ranging market, i'm looking looking for techniques/strategies to be used in ranging market, do you have any idea?
*
Im also newbie.still learning.never ending lesson.yes,i do agree with your previous comment.u are right,but from my perspective,if something doesnt work well for u,it doesnt mean its not work for other people too.my apologize to u.
Almost indi must have completed time,space,to generate complete usefull future prediction.divergence,harmonic,pattern,snr,ema,mva,macd,etc2.
Ranging market,for me,im a full swing trader and i use elliott wave,neo wave and basics indi.i calculate,analysis use elliot,neo wave,a bit hard to explain for ranging market.easy,ranging elliott wave term is corrective wave.maybe im wrong too.
Again,my apologize.

solstice818
post Jan 13 2013, 11:35 PM

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PA for the win. It does not lag, does not lie. biggrin.gif
Shah.Legno
post Jan 13 2013, 11:45 PM

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QUOTE(boyvai @ Jan 13 2013, 07:41 PM)
I use lagging indi to.no problem lol
So many pro come suddenly critic peoples system without any word  that can support their critic.
*
Agree...they just know to critic what they see in front of their eyes only...

but never study it, use it or try it before...

when they see, the monitor got so many indicator, they start to think it's a waste of time to put so many indicator...

they think it's not very useful,not fully function & sucks... hmm.gif
transhumanist92
post Jan 14 2013, 12:34 AM

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QUOTE(boyvai @ Jan 13 2013, 10:14 PM)
Im also newbie.still learning.never ending lesson.yes,i do agree with your previous comment.u are right,but from my perspective,if something doesnt work well for u,it doesnt mean its not work for other people too.my apologize to u.
Almost indi must have completed time,space,to generate complete usefull future prediction.divergence,harmonic,pattern,snr,ema,mva,macd,etc2.
Ranging market,for me,im a full  swing trader and i use  elliott wave,neo wave  and basics indi.i calculate,analysis use elliot,neo wave,a bit hard to explain for ranging market.easy,ranging elliott wave term is corrective wave.maybe im wrong too.
Again,my apologize.
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what's a neo wave? are you successful trading with elliott wave so far? i found it too subjective to be useful and the modern day elliott wave theory had so much tweakings from his students/researchers including elliott himself during the latter years that deviate too much from his original works(stuffs like double zig zags,compounded counts, alternative counts etc which is ridiculous IMO). I'm still learning about harmonic trading patterns with fibonacci, sounds promising so far although it does create a bit of rigidity, i'm still seeking for techniques that are not indicator based to aid me in trading with naked chart in order to see the bigger picture in which simple price action does not provide

QUOTE(solstice818 @ Jan 13 2013, 11:35 PM)
PA for the win. It does not lag, does not lie. biggrin.gif
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very true, but it does lie thumbup.gif

QUOTE(Shah.Legno @ Jan 13 2013, 11:45 PM)
Agree...they just know to critic what they see in front of their eyes only...

but never study it, use it or try it before...

when they see, the monitor got so many indicator, they start to think it's a waste of time to put so many indicator...

they think it's not very useful,not fully function & sucks... hmm.gif
*
nah i'm not saying it doesn't work, indicators are late/lagging , it does work but if you learn basic price action it allows you for earlier entries making indicators redundant/useless and do nothing but clutter your chart. Too much indicator based analysis neglect the 'feel of the market trend aspect' of which the lagging indicators were invented for and too much relying on the crutch doesn't help you grow as a trader. Btw i don't want to argue/debate here , let just agree to disagree tongue.gif
Shah.Legno
post Jan 14 2013, 12:51 AM

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nah i'm not saying it doesn't work, indicators are late/lagging , it does work but if you learn basic price action it allows you for earlier entries making indicators redundant/useless and do nothing but clutter your chart. Too much indicator based analysis neglect the 'feel of the market trend aspect' of which the lagging indicators were invented for and too much relying on the crutch doesn't help you grow as a trader. Btw i don't want to argue/debate here , let just agree to disagree tongue.gif

For me, what i'm using is not lagging. at my chart i'm using Bollinger Band which is more to leading indicator in provide the market volatility information, i'm also using auto Trendline, RSI & Stochastic with three different time frame M15,H1 & H4...it's not lagging, it's very usefull for support & resistance level...

U can't say all the indicator is lagging, u must study deeply the indicator to know how it will react to your trading...

if the indicator is too much lagging, i will not use it...i will search the best that suite my trading style.
poks
post Jan 14 2013, 07:03 AM

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Lol .
I find it funny when people start to talk about indicators.
I say, if it works just use it.
There's no confirmed win in every trade in this business.

Boyvai. How's trading? Looking at shorts on xxxusd.
Audusd, nzdusd, xauusd in particular.
Tayor...
Shah.Legno
post Jan 14 2013, 08:00 AM

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QUOTE(poks @ Jan 14 2013, 07:03 AM)
Lol .
I find it funny when people start to talk about indicators.
I say, if it works just use it.
There's no confirmed win in every trade in this business.

Boyvai. How's trading? Looking at shorts on xxxusd.
Audusd, nzdusd, xauusd in particular.
Tayor...
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yes...just use it, but not in the way like to critic others that use the indicators for trading...

in the past of my 2 years trading experience, i already use so many hundred techniques including the naked chart..

but this is the best trading setup, i ever have...
boyvai
post Jan 14 2013, 02:14 PM

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QUOTE(transhumanist92 @ Jan 14 2013, 12:34 AM)
what's a neo wave? are you successful trading with elliott wave so far? i found it too subjective to be useful and the modern day elliott wave theory had so much tweakings from his students/researchers including elliott himself during the latter years that deviate too much from his original works(stuffs like double zig zags,compounded counts, alternative counts etc which is ridiculous IMO). I'm still learning about harmonic trading patterns with fibonacci, sounds promising so far although it does create a bit of rigidity, i'm still seeking for techniques that are not indicator based to aid me in trading with naked chart in order to see the bigger picture in which simple price action does not provide
very true, but it does lie thumbup.gif
nah i'm not saying it doesn't work, indicators are late/lagging , it does work but if you learn basic price action it allows you for earlier entries making indicators redundant/useless and do nothing but clutter your chart. Too much indicator based analysis neglect the 'feel of the market trend aspect' of which the lagging indicators were invented for and too much relying on the crutch doesn't help you grow as a trader. Btw i don't want to argue/debate here , let just agree to disagree tongue.gif
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hi
u sure u newbie?
Neo Wave is advanced theory from Elliott Wave,from Glenn Neely. Neo wave very hard to learn,to apply at real moving chart.for me at least.yes,u are right.nowdays many tweaking has been made from the basic of elliott wave,ziz zag,EW indi,but they still apply the basic of EW.some just go for the very basic of EW,some will go to real advanced EW,time,space,etc2.
give 1 chart to 5 different Elliottician,u will get 5 different counts.
EW alone is not enough,this is why the basic indi needed.divergence,fibonacci,etc2.

if u study EW,u will find how important fibonacci.without fibo,EW less usefull.also,harmonic pattern too can be apply at the EW count. EW is not just 12345,abc count,there is more complicated count,time,space,fibo related,divergence,volume,etc2.
u want naked chart,goes for EW+price action.im very weak at price action system,Poks very good at price action.
EW is not just for chart.EW is human emotion.same like fibonacci, some rocket science lol.
im i successfull trader?very subjective.i study EW almost 3 years now,it is very suitable for me.

danokchonger
post Jan 14 2013, 02:34 PM

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QUOTE(transhumanist92 @ Jan 13 2013, 08:54 PM)
not criticizing bro, i'm a newb also, indicators work well while the market is trending but they start to fail in ranging market, i'm looking looking for techniques/strategies to be used in ranging market, do you have any idea?
*
try constant range bar chart to reduce the 'noise' lvl. some use renko, but my preference is range bar.
transhumanist92
post Jan 14 2013, 05:49 PM

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QUOTE(boyvai @ Jan 14 2013, 02:14 PM)
hi
u sure u newbie?
Neo Wave is advanced theory from Elliott Wave,from Glenn Neely. Neo wave very hard to learn,to apply at real moving chart.for me at least.yes,u are right.nowdays many tweaking has been made from the basic of elliott wave,ziz zag,EW indi,but they still apply the basic of EW.some just go for the very basic of EW,some will go to real advanced EW,time,space,etc2.
give 1 chart to 5 different Elliottician,u will get 5 different counts.
EW alone is not enough,this is why the basic indi needed.divergence,fibonacci,etc2.

if u study EW,u will find how important fibonacci.without fibo,EW less usefull.also,harmonic pattern too can be apply at the EW count. EW is not just 12345,abc count,there is more complicated count,time,space,fibo related,divergence,volume,etc2.
u want naked chart,goes for EW+price action.im very weak at price action system,Poks very good at price action.
EW is not just for chart.EW is human emotion.same like fibonacci, some rocket science  lol.
im i successfull trader?very subjective.i study EW almost 3 years now,it is very suitable for me.
*
yes that's my point, it is too vague to be useful and the elliot wave forecasts are prone to subjective revision and only give the whole technical analysis a bad rep IMO. I however stay true to unadulterated version of elliot wave theory, found in Elliot 1st published finding as in the compiled working papers of "The major works of R.N Elliot" but it is in no way to be predictive in nature. To each his own.

yes i am a total noob still using demo account, and i am well aware that playing poker game online is way different than a real trading, but decided to grasp the basics of technical analysis first before dumping real money in


QUOTE(danokchonger @ Jan 14 2013, 02:34 PM)
try constant range bar chart to reduce the 'noise' lvl. some use renko, but my preference is range bar.
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do u know where i can get live renko and range bar for metatrader4? because the one i found can only be used in offline chart.
boyvai
post Jan 14 2013, 06:18 PM

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QUOTE(transhumanist92 @ Jan 14 2013, 05:49 PM)
yes that's my point, it is too vague to be useful and the elliot wave forecasts are prone to subjective revision and only give the whole technical analysis a bad rep IMO. I however stay true to unadulterated version of elliot wave theory, found in Elliot 1st published finding as in the compiled working papers of "The major works of R.N Elliot" but it is in no way to be predictive in nature. To each his own.

yes i am a total noob still using demo account, and i am well aware that playing poker game online is way different than a real trading, but decided to grasp the basics of technical analysis first before dumping real money in
do u know where i can get live renko and range bar for metatrader4? because the one i found can only be used in offline chart.
*
good point.
actually,for Elliottician,no need perfect count.
just know where is impulsive,where is corrective wave,where is the trend goes,just enough.follow the basic of EW.but Avoid FANTASY count biggrin.gif

**poks,gold i dont know,daily chart very very long term down,lol.euro/usd im waiting for retracment to buy.



danokchonger
post Jan 14 2013, 06:38 PM

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QUOTE(transhumanist92 @ Jan 14 2013, 06:49 PM)
do u know where i can get live renko and range bar for metatrader4? because the one i found can only be used in offline chart.
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i purchased the range bar online. it is still in offline chart but tick updated real time as normal chart. reason i purchase n not use some of those in forums as it is slow, or not real time or when news hour fast price movement it slowed down the system /hang. also i use tick volume n not all those free one has that capability. but just to check out u can use those like in forexfactory or tsd, google for it n u will get the links.
boyvai
post Jan 14 2013, 11:07 PM

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euro,gj,ej,all correction wave..
usd/jpy look good to short?long term? hmm.gif

This post has been edited by boyvai: Jan 14 2013, 11:08 PM
Andihfx
post Jan 15 2013, 12:28 AM

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relax dudes.. no need to argue which indicators is working or not. Different people have different trading style smile.gif Something didn't work on you might be working well on others biggrin.gif
Chill and happy trading.

Oh btw, I can see a rising wedges pattern on EURUSD on daily timeframe. Anyone agree?
Shah.Legno
post Jan 15 2013, 01:22 AM

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QUOTE(Andihfx @ Jan 15 2013, 12:28 AM)
relax dudes.. no need to argue which indicators is working or not. Different people have different trading style smile.gif Something didn't work on you might be working well on others biggrin.gif
Chill and happy trading.

Oh btw, I can see a rising wedges pattern on EURUSD on daily timeframe. Anyone agree?
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Owww yess, rite....let's happy trading.. rclxms.gif
boyvai
post Jan 15 2013, 05:58 PM

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QUOTE(poks @ Jan 14 2013, 07:03 AM)
Lol .
I find it funny when people start to talk about indicators.
I say, if it works just use it.
There's no confirmed win in every trade in this business.

Boyvai. How's trading? Looking at shorts on xxxusd.
Audusd, nzdusd, xauusd in particular.
Tayor...
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i did catch few pips from gj drop.now looking to enter short?what is your opinion on this pair?euro/usd tf1/4 correction wave.
poks
post Jan 15 2013, 07:05 PM

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Well. I short eurusd earlier.
Scalped to cover my swap on long usdcad.
On 1D, eurusd showed some weakness. Look further on left of your chart to see some levels.
It's good to be early but not wise. I'll wait for some pull.
Jpy pair? Skipping that. Gold sure looking down. But i'll wait at 1800 level.
poks
post Jan 15 2013, 07:56 PM

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btw looking at 1D for gbpjpy sure show strong short interest.
will put this on my list. tq bro
boyvai
post Jan 15 2013, 08:09 PM

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QUOTE(poks @ Jan 15 2013, 07:56 PM)
btw looking at 1D for gbpjpy sure show strong short interest.
will put this on my list. tq bro
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but for me gbpjpy short term will up.i will wait if break 140.856 to short.gold i skip,to messy lol.eurousd complicated correction wave, probably abcde tf1 hour.i skip this pair.
usd/jpy not bad rclxms.gif
tayor

cheryline22
post Jan 16 2013, 02:41 PM

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cry.gif

can someone pls teach me how to trade????(screaming out)
SUSAllnGap
post Jan 16 2013, 03:23 PM

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i've used and tested so many indicators (sad to say about 1.5k+ indicators).....finally just use 1 indicator to check whether the trend is still intact or not.

all the overbought oversold indicator all throw out.......

secret is to read the chart (Price Action) and catch the tail.

By the time your indicator ask you to buy/sell i've already taken my profits laugh.gif

This post has been edited by AllnGap: Jan 16 2013, 03:26 PM
boyvai
post Jan 16 2013, 04:43 PM

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gbpjpy after retracement last nite,now keep falling.but atm my count show the end of wave 4 or probably end of wave a and in progress to start to make wave b?interesting~
poks
post Jan 16 2013, 05:00 PM

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i hope you manage to slip in some positions.
still holding on to my long.
my balls not dare enough to take a position on gold yet. lol
do a post if you see something on gold boyvai. i'll give you "like" button if we have 1 here happy.gif
Shah.Legno
post Jan 17 2013, 10:35 AM

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QUOTE(cheryline22 @ Jan 16 2013, 02:41 PM)
cry.gif

can someone pls teach me how to trade????(screaming out)
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You can learn at school of pipsology at babypips.com first..... icon_rolleyes.gif

that's a good start for beginner...
cheryline22
post Jan 17 2013, 11:13 AM

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QUOTE(Shah.Legno @ Jan 17 2013, 10:35 AM)
You can learn at school of pipsology at babypips.com first..... icon_rolleyes.gif

that's a good start for beginner...
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thx rclxms.gif
Shah.Legno
post Jan 17 2013, 11:30 AM

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QUOTE(cheryline22 @ Jan 17 2013, 11:13 AM)
thx rclxms.gif
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Sure...welcome..

hope you have a good start for trading. smile.gif
cheryline22
post Jan 17 2013, 12:21 PM

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QUOTE(Shah.Legno @ Jan 17 2013, 11:30 AM)
Sure...welcome..

hope you have a good start for trading. smile.gif
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mind if i ask how long hv you been trading?
Shah.Legno
post Jan 17 2013, 05:51 PM

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QUOTE(cheryline22 @ Jan 17 2013, 12:21 PM)
mind if i ask how long hv you been trading?
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i already have 2 years trading experience..smile.gif
boyvai
post Jan 17 2013, 08:07 PM

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gbp/jpy nice bullish.wave b in progress?
Andihfx
post Jan 17 2013, 08:21 PM

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QUOTE(cheryline22 @ Jan 16 2013, 02:41 PM)
cry.gif

can someone pls teach me how to trade????(screaming out)
*
If you understand Malay, I would like to recommend this blog, Belajar Forex BM
Ninigoh94
post Jan 18 2013, 12:08 AM

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QUOTE(Shah.Legno @ Jan 17 2013, 11:30 AM)
Sure...welcome..

hope you have a good start for trading. smile.gif
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My Fren told me that forex is like MLM,is that true?
zephyrus9999
post Jan 18 2013, 01:50 AM

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Guys, my friend sold me a plugin in metatrader 4 that screens out all the currency pairs and display the ones that are trending. Basically a trend filter that supports all time frames. It is based on simple moving averages. If you are interested can drop me a PM.

If you are looking for a very reliable system after knowing all basics of forex and dont know where to head to, can drop by me a pm too
boyvai
post Jan 18 2013, 07:19 AM

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QUOTE(boyvai @ Jan 17 2013, 08:07 PM)
gbp/jpy nice bullish.wave b in progress?
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wake up this morning with full of smile lol. rclxms.gif
gbpjpy wave b completed?resistance area atm.double top tfh4 or daily chart?
eurojpy daily chart break the resistance already.but look at the highest top at aprill 2011.

Shah.Legno
post Jan 18 2013, 07:26 AM

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QUOTE(Ninigoh94 @ Jan 18 2013, 12:08 AM)
My Fren told me that forex is like MLM,is that true?
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Ok..that's sure a joke & a troll....i'm laughing now...Ha Ha Ha.. laugh.gif
jtbk79
post Jan 18 2013, 09:54 AM

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Any one heard of ODFX? They have representative in Malaysia. They are offering entry level of USD500 until end of this month. Then subsequently minimum entry will be USD1000. The thing is i found out that the Maybank exchange rate for USD is 3.05 but they are using 3.5 for exchange meaning RM1750 for USD500. when withdraw they will use 2.95 rate. I know its normal to have some difference in buy and sell but for starting the rate seems to be a bit high. Any comment from the pros out there?
sleepwalker
post Jan 18 2013, 10:32 AM

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QUOTE(Ninigoh94 @ Jan 18 2013, 12:08 AM)
My Fren told me that forex is like MLM,is that true?
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Why would forex be like MLM? Is buying shares on KLSE an MLM? No difference in forex. Don't listen to your friend... tell us what YOU think?
sleepwalker
post Jan 18 2013, 10:43 AM

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QUOTE(jtbk79 @ Jan 18 2013, 09:54 AM)
Any one heard of ODFX? They have representative in Malaysia. They are offering entry level of USD500 until end of this month. Then  subsequently minimum entry will be USD1000. The thing is i found out that the Maybank exchange rate for USD is 3.05 but they are using 3.5 for exchange meaning RM1750 for USD500. when withdraw they will use 2.95 rate. I know its normal to have some difference in buy and sell but for starting the rate seems to be a bit high. Any comment from the pros out there?
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Why would you need representation when everything is done online? Just like how you are talking to us online WITHOUT even the need to know who we are. With the current technology (combined with old school bank wire transfer), you can start an account, transfer your deposit and start trading in less than a week.

The representation here are IBs and not the broker themselves. IBs are like sales agents for the broker to make things easier. They help you open an account and accept your money to help you deposit into your account, something that you can do in less than 5 mins filling up the bank wire transfer form in Maybank and wait 30 mins in queue to get done. The IB still have to wire transfer your money into the broker who does not have a local account for the IB to do so. That is why they are charging a higher rate as the banks will charge them a wire transfer charge.

Anybody can be a representative of the broker. Some brokers don't even care as long as you can intro new members. The IBs get a cut of your trading and give the impression of it being an MLM (wait... didn't somebody just asked about forex being like an MLM...hmmmm). It is not MLM as this is the only way the IB is paid for their effort of 'representing' the broker and providing assistance and help.

I'm not saying that every IB is bad.. but you have to take your chances and it might be a good place to learn if you have a good supportive IB who is willing to help. You can use it as a stepping stone with small amount as risk or 'tuition fees'. The rest you can learn online.


sleepwalker
post Jan 18 2013, 10:47 AM

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QUOTE(Shah.Legno @ Jan 18 2013, 07:26 AM)
Ok..that's sure a joke & a troll....i'm laughing now...Ha Ha Ha.. laugh.gif
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It is not exactly a joke and troll.. I don't blame people for thinking that it is MLM.. however, it is SLM.. Single Level Marketing .. just not multilevel. Every IB is a Single Level Marketer who makes a commission based on the trades you do. The more people the IB recruit and help trade under his IB, the more commission he earns. SLM.. not MLM.
cheryline22
post Jan 18 2013, 11:20 AM

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QUOTE(Shah.Legno @ Jan 17 2013, 11:30 AM)
Sure...welcome..

hope you have a good start for trading. smile.gif
*
swing trader or scalper better?

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