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 Forex Version XII, Foreign Exchange Market Discussion

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shamsul_LP
post Sep 16 2013, 03:21 PM

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I just make 116 usd. Btw, its just practice account n my first time trading seems i learn a lot from babypips
shamsul_LP
post Sep 16 2013, 04:22 PM

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Hi everyone. What are platform you all use. Anyone use oanda?which one is easier to use to trade forex?
shamsul_LP
post Sep 16 2013, 05:38 PM

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QUOTE(jeanhl @ Sep 16 2013, 04:46 PM)
The most widely used platform is mt4. Most brokers provide this, including Oanda
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Thank for the reply.anyway, what is the best broker for malaysia forex trader. i will been transfer fund using Maybank2u. Been google only find result from 2009-2010 only... hmm.gif
shamsul_LP
post Sep 16 2013, 11:23 PM

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QUOTE(highlowyat @ Sep 16 2013, 11:18 PM)
buy EURGBP and USDJPY on afternoon. price still not moving from my open position sweat.gif
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I open 12 position n gain 8.lost 4.btw, its just practice account.now try using FXprimus
shamsul_LP
post Sep 16 2013, 11:48 PM

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QUOTE(highlowyat @ Sep 16 2013, 11:26 PM)
what trading system u use? seems like u have a godd win loss ratio.

im demo-ing too

for fxprimus u can deposit thru local IB
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I use oanda.my analysis is simple.find the lowest point for today n find the support. I Open the position just the moment beore it will bounce back. The first 3 are the lost from first 3 time i try the demo.after that, consistently gain. I hope for the real, its also be simple like this
BUT nothing is simple in life sweat.gif

This post has been edited by shamsul_LP: Sep 16 2013, 11:58 PM
shamsul_LP
post Sep 16 2013, 11:49 PM

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QUOTE(garmin888 @ Sep 16 2013, 11:47 PM)
For FX Primus, you can transfer directly to their account in Malaysia via Royal Bank of Scotland (Malaysia). Or easily via debit card linked to your bank account.
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Already create FXprimus demo account smile.gif
shamsul_LP
post Sep 17 2013, 03:30 AM

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QUOTE(highlowyat @ Sep 17 2013, 12:08 AM)
ok means u buy at support level
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Yes.but look at overall patern first. But of course i will wait at the lowest possible support level.
QUOTE(highlowyat @ Sep 17 2013, 02:44 AM)
SnR and price action

for fakey breakout, normally the price close below support level and climb up again. but we dont really know until it happen

user posted image
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shamsul_LP
post Sep 17 2013, 09:01 PM

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QUOTE(zDarkForceSz @ Sep 17 2013, 09:09 AM)
emotion control.
When you trade demo you got no pressure.
When you trade live, you feel the pressure when seeing red.

When you curb most of this, you has cross the 1st step to profit road~
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But, its funny. I treat like a real money lol. Today still got gain but only 20usd lol. Seems my gains to lost ratio increasing now. 14 gain, four loss
shamsul_LP
post Sep 17 2013, 09:03 PM

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And still oanda ipad app so easy for me to understand...the metratrader4 is a mess for me. Trade using fxprimus using pc but oanda as my reference..can close up untill 5s.
shamsul_LP
post Sep 18 2013, 12:09 AM

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QUOTE(zDarkForceSz @ Sep 17 2013, 10:13 PM)
You treat like a real money. But tell you, still different feeling.
When you go live you will know the pressure I face everyday haha.
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Yes.i know it..
QUOTE(Jeck10 @ Sep 17 2013, 10:30 PM)
Yea in demo even when negative 300usd I will be like 'wooooww..nvm la leave it it will go back somehow/ aiya just close it and start again'
But in real life negative 50 or 100 already 'oh no what should I do, should I do this should I do that', 'if I leave it later become worse how, should I just close straight and take the loss? No no no cannot later if I close and it goes back up then I just did stupid things lo??' Then that's when u start confusing whether to listen to your brain or heart or indicators or news lol..
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Yes.the last part is damn true.
but like i say, i treat like a real deal.never open position at every where i want or just close and all over again. Will try the real deal when confidence enough. I guess Its will be full pressure for me to take soon cry.gif
shamsul_LP
post Sep 18 2013, 10:19 AM

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Im about to register for fxprimus account.before register.any suggestion for better broker?
shamsul_LP
post Sep 18 2013, 10:50 AM

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QUOTE(jeanhl @ Sep 18 2013, 10:31 AM)
never try before. if you're comfortable with them then just go ahead, there are quite a number of members with fxprimus
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I see that u use icmarkets.is easy to transfer or deposit money from local account here?
shamsul_LP
post Sep 18 2013, 11:05 AM

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QUOTE(jeanhl @ Sep 18 2013, 10:59 AM)
there's local bank transfer for malaysian traders but wouldn't recommend due to the exchange rate from myr to aud by the aussie bank and then later converted to usd in my trading account. loss a portion of the money in the end  doh.gif

it's better to use wire transfer. you can do it via foreign telegraphic transfer in your maybank account.
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Thnx. I will study first which broker is the best. I prefer broker with no swap account n spreads is among the lowest. At the moment instaforex fit the bill. Not sure fxprimus also has swap free account hmm.gif
shamsul_LP
post Sep 18 2013, 12:54 PM

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Ok.someone can clarify with me if the fxprimus has free swap account?
shamsul_LP
post Sep 18 2013, 01:00 PM

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Already got info.fxprimus has free swap account.now wanna try icmarkets
shamsul_LP
post Sep 19 2013, 12:11 AM

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Already register through fxprimus...btw, i choose varianles spread.what is the best spread?
shamsul_LP
post Sep 19 2013, 10:18 PM

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1:50 or 1:100 leverage is better?
shamsul_LP
post Sep 19 2013, 10:38 PM

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QUOTE(highlowyat @ Sep 19 2013, 10:37 PM)
doesnt matter

1 pip is equal to how much USD that matter
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How to check sifu?from size or lot right?
shamsul_LP
post Sep 20 2013, 11:24 AM

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I think yen gonna closed strong today brows.gif
shamsul_LP
post Sep 20 2013, 10:24 PM

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QUOTE(kevler @ Sep 20 2013, 10:15 PM)
maybe ..but i already closed trade on EJ earlier as i'm focusing on GJ now .

keep buying on GJ and trailing stop at 40-50 pips . target 159.9x ..once break the price , i will put another 1-2 trade post and keep observe the trend

user posted image

TAYOR
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Any tips?this is my first day trading.only earn 52 usd cry.gif

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