i heard a lot of forex out there are not authorised by Bank Negara Malaysia. what channel do u guys invest and is it true that u can earn back what u invest within months? if it is true, why there is financial crisis everywhere. i would jz want a clarification on this forex trading. thank you

the name itself does not give any confidence to me. sounds like some console game..

btw, the best way is to learn to trade yourself. not by others.
boyvi.. mt4 seems like can't use (i think my setting or something)..

today everything open with a gap. what happen to cyprus.. lazy to read, can someone make a summary. tq

Actually its more of a bail-in than out.. they are not bailing out the banks.. they are raiding the banks to bail out the country. EU 1.2980-1.3000 being defended 'kaw kaw'. Cyprus is so small that it does not impact much to the EU but the reaction is due to the fact that EU forced the country raid their own banks for a rescue package. What people are worrying is which country would be hit next?

Why didn't last time they bail in the banks in P.I.I.G.S countries?

Yes.. absolutely stupid. Imagine you get taxed 6.75% if you have up to 100,000 euro in the bank and higher if you have more. People are rushing to withdraw money but that was imposed by the EU.

That is what they are worrying now. If EU can do this to Cyprus, they can do it to the PIIGS too. Hence the panic selling over the weekend. Almost everything is in the red today all over the world due to this. People are reacting more to the 'action' and not the 'causes' of the bail-out of Cyprus.

I've learned more about online trading of forex and stocks through Ask Mario Singh blog. He personally answers questions daily and give great insights for anyone to learn stock market easily.

Great cartoon 

btw, looking to buy gbpusd ...
looking at 1.5070 and 1.5072... waiting price to past either one since the gap is small..
will buy at most probably 1.5072 .. else no trade.

tayor..

Depends...
i will actually see the movement on that particular day i enter my trade;
if it's explosive, i'll close..
if it's normal movement ie.40~50 pips and i decide to hold, i'll put BE.
if it's lame movement, i'll close...

but if everything goes according to plan today, i'm looking at the movement to break 1.522 to actually decide..

i'm quite new here, may i know what's SL to BE?

all i did was, i bought USD NZ 2m units and gain around 7k this morning.

my fav is Yen, when Yen goes up, I'll strike in with USD+EU+SGD against Yen

I see, thanks for your info.

so now which pair are u guys looking at ? my favourite yen is going up, but not too much yet, still waiting

just look for cloud breakout and sync with higher tf.

see the usdjpy is trap in the h4 cloud.

Hey guys, I am looking for opening small trading account. Any suggestion?

guys, lm choosing a reliable forex broker now.
how would you rate among these option ? which one better ? in term on spread, reliability and convenience to deposit/withdraw ?

1) FxPrimus
2) FxPro
3) Exness
4) Pepperstone
5) iForex

Appreciate for the help. Thanks