it happened Friday 9 pm Malaysia time. this type incidents happen every months (first friday).

ya, I am think of that as well. thanks for info

Good morning.

Received many PMs but after replied FAQ on how to get the EA, seem no good interested to reply. Therefore, I will continue trade alone by not sharing anymore.

A new week. lets go~

Mani pips come

can EU reach 1.3655? so tempted to close my position now. hand itchy edi..

I'm waiting for the bearish divergence to play on daily.

Better to use debit card or credit card for this? How do we get profit to be credited back to us if we use cards?
Which bank offers the best card for such trading ?

I think he got wrong.
VISA got VISA own exchange RATE. Maybank debit charges extra 1% for currency exchange.
Telegraphic Transfer is follow bank rate.

Debit card is better, where you can control your spending.
But some broker don't accept Malaysia debit card because our debit card by bank provide no NAME on it.

You just choose to withdraw to debit card, and the money will be back to your bank account. 5-7 working days.

Currency rate base on VISA / Master.

Just use telegraphic transfer. if you're not in the rush.
VISA exchange rate is definitely higher than bank rate.

Draw down compare to using CC/DC
- telegraphic transfer need 1-3 working days to reach the broker. CC/DC is instant.

saw two inside bars on h4. hmm this is not a good sign.

i think you target @ 1.36504 TP (1hr & 4hr tf 0% fibo), sl @ 1.36271(23.6% on fibo 1hr tf) / 1.36108 (23.6% on fibo 4hr tf)
price is currently challenging 1.36391 (61.8% fibo on daily tf)

Thanks, zDarkForceSz for the replies!

Is there a limit how much I can transact per day using debit card? ( sorry, For the noob question I don't have a debit card b4). One site I checked, they need me to remit USD2k as deposit. Is it ok if I choose USD as base and 500:1 as leverage?

As a newbie, is it better to just opt for Binary Options ? I was told to just play by sentiment. A no brainer strategy. How sound is this advice?

demo first. dont jump in with real money now. by the way i see your way of posting, im 99% sure you will lose all your money very fast. pelan2 kayuh bro.

1. Daily maximum is RM5000 for debit card (you need to go atm to change this limit)
2. There's no need such big amount of money to start off with since you're still beginner in this field.
3. Leverage is a double edge sword, there is pros and cons. My advice to you never risk more than 1% per trade!
4. Binary Options is more into gambling. Learn Forex if you want better return.

Trade off with demo.
Build you strategy.
Stick to the plan.
Don't put too much faith in your strategy.
Master you strategy, Stay good risk:reward ratio, be patience, flow with the market, don't over trade took revenge trade.

95% beginner fails. You can burn your account within 1min if you don't manage your risk:reward well.
Frankly tell you, a lot people burn their account several times. The devil inside you, you must control.
I got a friend start of with 500USD and now his account is 264times now.
Before this he burn his account twice.

I'm not scaring you off, but his is reality.
Not some sort of overnight rich scheme.

The advertisement out there is cheating.

Belum kena belum tau,
Sudah kena mampus liao.

No worries. Only checking some details with you guys. Started reading babypip only yesterday. Googled and stumbled upon tons of info. I dunno what to make sense of. I am a very responsible investor. Will play demo until I'm very good b4 going for the real thing.

I'm going to ask my friend to read your replies also, cos he (zero knowledge) really wants to start play options ( he really believes it's a 'no brainer sport' and won't get burn... His friends ( non pros) told him, they make over usd20k pm playing part time ) like tomorrow!

This post has been edited by TiramisuCoffee: Feb 11 2014, 12:02 AM

1.36513 target hit! got follow my tips? lol

life is not easy~~~
the more you read and trade, the more you understand.
i paid too much school fees haha.

not following your tips. i still stick at my initial target. gotta trust myself. nvm ba if market turns around i already move SL to BE. so no worries. its a demo anyway.