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 Forex Version XIV, Foreign Exchange Market Discussion

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Seng_Kiat
post Oct 11 2014, 12:36 PM

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QUOTE(zDarkForceSz @ Oct 11 2014, 12:15 PM)
Go forexfactory.com alot technique shared.  whistling.gif
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thank you mate!
Seng_Kiat
post Oct 18 2014, 05:55 PM

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QUOTE(Little Whisper @ Oct 17 2014, 11:26 AM)
taikors, ayam mau short UJ todei. is it ok? hmm.gif
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I have open post for short UJ. Float now but hopefully JPY gets stronger on the start of next week. Normally, USD weak on Monday morning but I worry if USD gets stronger due to their positive announcement yesterday. Pray Pray.

I also on short for EJ.

Seems that JPY is my hope now. biggrin.gif
Seng_Kiat
post Oct 18 2014, 06:01 PM

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QUOTE(captivesim @ Oct 15 2014, 09:04 AM)
Dear Trader:

I am new to forex now playing demo.

May i know why cant the order allow me to key in 20pips or lesser for the stop loss. it seems very sensitive, not even reach the stop loss already the order cancel.

Whenever i just enter a trade. its already like negative number -10.52 etc....
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I am using http://www.fxprimus.com. they are good broker with low spread. EU 1-2 pips, GJ 3 pips, etc. I am more into scalping and they didn't put ridiculous terms like no SL TP within 10 pips of entry, etc.
Seng_Kiat
post Oct 23 2014, 10:30 AM

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QUOTE(Lancelot du Lac @ Oct 22 2014, 03:23 PM)
which broker has a good spreads ? any suggestion ?
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I have a few accounts with different broker but the best is http://www.fxprimus.com .. They offer very good spread. Most of them are in range of 1-3 pips. Very2 low compare to FXCM UK and instaforex.

FXCM US is second best but problem is leverage is too small 50:1. You need at least USD30 or so for small lot (1 pip = 0.10). That is not good for someone with low capital.

Instaforex is high spread. Very high and not recommended. But the best thing is they offer more options to trade such as corn, wheat, soybean, etc. If you into these, you can get insta. For forex and gold/silver, the best spread + leverage definitely http:://www.fxprimus.com ..
Seng_Kiat
post Oct 23 2014, 10:49 AM

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Spread example.

1st Picture: http://www.fxprimus.com
Very low spread. EU spread is very very low, 1 pip most of the time. Japanese pair is about 3 pips. This is my main account. No nonsense rule especially for scalping.

2nd Picture: http://www.fxcm.co.uk
This is 5 decimal account. If you see, 41, it means 4.1 pips. So so in spread but low leverage. I mainly trade gold on this account.

3rd Picture: http://instaforex.com
The only good thing about this broker is they offer wide options of trading but spread is the worst. Japanese pair such as NZD/JPY, AUD/JPY, etc to a whopping 10 pips in spread. That's crazy. I don't trade forex on this account. Mainly for wheat, cocoa, soybean, etc.

This post has been edited by Seng_Kiat: Oct 23 2014, 10:58 AM


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Seng_Kiat
post Dec 26 2014, 05:40 PM

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QUOTE(silent_killer @ Dec 25 2014, 02:29 AM)
Previously i was using FXCM (Trade Station) 2 years, very good broker but spread was on the high side. Since then been using Fxprimus (Meta Trader 4) ECN acc for nearly 3 years.Spread was definitely better (ECN ma) and withdrawal process with the debit card is way way faster compared to FXCM.
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what is the different between ECN account and normal?

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