You are lucky that m4 is still open. Time to use your own tablet. Anyway, difficult to monitor during work la, hide screen also difficult. Stuck in multi hour conference calls or meeting, then gone case..

em..FTT only get 2-3k USD? how to let go current job like that..thats not really enough with the current inflation rate, opr going up and up and up..

But anyway, he was spending his office hour doing other things like forex research....almost unofficial FTT. Day job is like side income.

Can go with FxPrimus, good and responsive service indeed. many funding and withdrawal options.

Reaping nicely..noticed that you didn't have SL or TP. Which indicator do you work on mostly?

Bold move bro, either you are monitoring all the time, or your balls is made of titanum. No way i could be monitoring it for the span of 1 week. so have to rely on SL and trailing stop..

Yeah..read an old article about it before.. 95%/5% . where did you get the info on bank selling/buying in mass?

http://www.fxstreet.com/education/forex-ba...asy/2013/12/05/

Nice profit. This number of pips eg 200+ aren't really daily right? when did you open the position? I guess you r on 1:100 ?

All fresh new order today and closing again by end of the week?

Gold yes ..but this thread is on forex

investing.com somemore indicated 'strong buy' in all timeframe......luckily i gave this a pass...but anyway, i would have a trailing stop. wasn't born with one more extra ball..

I hoped you held on to your EURUSD earlier for short. It went really south last night. I've closed all my EU short positions.

Looks ok la..still positive.

Nearly had a heart attack on EU earlier this week. Luckily all came crashing down on 18 dec for my shorty closure.

If you are bz to monitor, i suggest you go with higher timeframe and just work on your trade based on trend. Reap the profit after it reaches a certain number, but some forummers would open on monday and close on friday. Up to your own exit criteria. Other ppl could rely on MT4/MT5 signal provider by certain experienced trader under certain nominal subscription fee (if you have the risk appetite to rely on these guys).

As for wire transfer withdrawal, its rather hefty. Fxprimus would charge about USD$50 per withdrawal. Link the account with Payoneer and then transfer from there to your local. msia rate i think is at USD $2.xx .

Bro, GST is not charge on your withdrawal or transfer amount. It could be based on service charge offered by bank. Eg Giro instant local interbank transfer say is at $2 , gst could be applied on that amount (yes, it sucks...your money literally). So if you wanna wire transfer $$ to fund your account, the bank would charge transfer fee, thats where GST might hit you.




This post has been edited by oreomambo: Jan 6 2015, 05:35 PM

No, the amount of profit gain in $ is going to be the same in both account if they win the same amount of pips with the same amount of lot size bought.
The only difference is, account with higher leverage is given more runway to buy/open more orders or with bigger lot size with eg 1k USD in fund, compare to the another USD 1k account with smaller leverage.

I always tell my friends on how to portray leverage like this:

Account A with leverage of 1:500 is comparable to a huge cargo truck
Account B with levelrage of 1:50 is comparable to a mini van.

If you own a transportation business and ferry the same amount of goods for your customer, both of them will give you the same profit (ignore fuel cost). However, Huge cargo truck allows you to stick more goods and therefore earn more revenue.

Hope my analogy helps

Boss, what is your open order on your table for this week?

EURUSD like sliding down , doing too many sell order and milking it enough.

Didn't seem like its gonna slowdown ..

SL close to sell limit? EURUSD is very volatile. It will hit your SL.. Then only march downwards towards your TP...but your order is already closed by then.

Money mgmt is a must. Don't over expand lot size too fast. What system combo are you using? How long was your journey from 3k till now?

Heh.. My short on EurUsd looked awesome.. But I didn't go too greedy and close earlier make some nice pips.. But didn't expect it would hi down even further. Damn.. Wished I should have stay short. Luckily didn't do the usdchf pair..

I don't really recommend newbie to dive into binary option. It is akin to gambling. You have to open your position and get it closed within a predefined timeframe. I don't know which indicator can give you accuracy of such. Its like saying "i am sure it will go up/down by xx within yy period". Even bigger adrenaline rush than the usual forex. While in forex, even if you missed your target price, it doesn't mean game over, just stay in and wait (even if it swaps to next day), provided you have not hit your stop loss or ran into margin call. If i were you, stop loss should be how much you intend to lose in binary. At least this give you no time limit like option. With MT4, put even a trailing stop so your stop loss moves upwards along with profits while you can take your time.

ECB rate announcement..tricky. Last round already maintain interest rate. This round still can hold the fort, tough decision.

if they cut the the rate, then you'll see ppl dumping EUR like mad. (see what happen to CAD after the rate cut announcement)
if they don't cut the rate, then status quo (EUR still diving south, maybe going up at first after the news..then drifting to hell again...slowly)

yummy time to go in short