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 Forex Version XVI, Foreign Exchange Market Discussion

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wilson1stop
post Aug 7 2015, 11:47 PM

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QUOTE(stevendefool @ Aug 8 2015, 12:27 AM)
CIMB just told me that I need to close my account because I transacted with FxPrimus. They say FxPrimus is unlicensed in Malaysia, and they say something about my profile not suitable to trade forex, it's not like I'm taking a loan to trade forex.

They say I'll need to close my savings account or else they'll close it for me. WTF is that suppose to mean? Seriously screw CIMB.
*
LOL, no wonder my local IB suddenly said NO MORE CIMB...

wilson1stop
post Aug 11 2015, 03:51 PM

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QUOTE(lilcool @ Aug 11 2015, 03:20 PM)
Hi. Can anyone tell me how do I trade USD/MYR if it is possible?
*
I'm wanna trade it too but it just can't trade~
wilson1stop
post Sep 1 2015, 12:49 PM

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QUOTE(13aby @ Aug 31 2015, 07:40 PM)
XM last time i remember quite high , instaforex 3 only
instaforex most of it is 3 spread .
*
Instaforex is FIXED spread, Major pairs @ 3pips (but EURCHF/EURGBP @ 5pips), GBPCHF/GBPJPY/EURAUD @ 7pips, Others @ 10pips, 12pips and above:
https://www.instaforex.com/en/specifications.php

You also can claim cashback from 1.7pips to 4.51pips from Instaforex partner:
http://fxrebateclub.com/brokers/instaforex

This is comparison of forex brokers spreads in LIVE:
http://www.myfxbook.com/forex-broker-spreads

wilson1stop
post Sep 6 2015, 11:03 PM

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Hi to All Master Sifus,

I got some questions about XM.com, will be appreciated if able answering my questions.

My basic info:
- Unifi VIP5 @ JB city
- Swing trading H4 (audusd,chfjpy,euraud,eurcad,eurjpy,eurnzd,eurusd,gbpaud,gbpcad,gbpchf,gbpjpy,gbpnzd,gbpusd,usdcad,usdchf,usjpy)
- My other brokers was below 200ms excepted IFX @ 220ms+ (XM was 250ms+)
- Going purchase London VPS for my EA (my Germany VPS is 16ms)

Attached Image

Questions:
1. I've registered Real Trading account, but it was auto-assigned to Real 9 server(now account under validating), which is 1 of slowest ping trading server.
Can I kept register multi accounts until get into Real 3 trading server? (Extra 60ms is meaning alot for me)

2. If deposited $1k and claim 50% bonus + extra 20% bonus, can I still continue trading using 888:1 leverage?

3. I've noticed that XM MT4 build840 are NOT support One-Click Trading, but their website is stated got this function, any ideas?

4. XM better? or Hotforex Better? (Seem like Hotforex got lower spread and hosted in Amsterdam, while XM hosted in London)


Cheers!!
Happy Trading!!!
wilson1stop
post Sep 7 2015, 10:23 PM

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QUOTE(Zanmai0146 @ Sep 7 2015, 10:29 PM)

*
Thank Zanmai, rclxms.gif

Just got figured myself just now, server really auto assigned, open additional accounts also assigned to same server. (luckily my VPS connecting Real 9 is lowest latency)

1-click trading now available after change micro-charts, XM seem like got mostly lower spreads except NZD pairs, I'll check with XN support about the leverage with deposit bonus.
wilson1stop
post Sep 15 2015, 06:41 PM

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Hi Guys,

Anyone heard of OGL Trader from New Zealand? Can Cash-out/Withdrawal bo?
wilson1stop
post Sep 15 2015, 09:24 PM

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QUOTE(KeroroQ @ Sep 15 2015, 08:44 PM)
Is this shit even regulated laugh.gif the website damn crappy woii
red alert
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QUOTE(9kingsir @ Sep 15 2015, 08:48 PM)
cool2.gif  cool2.gif  cool2.gif  can deposit ... no withdrawal forever  icon_question.gif  icon_question.gif  icon_question.gif  sweat.gif  sweat.gif  sweat.gif
*
Roger, Sirs.
wilson1stop
post Sep 16 2015, 01:07 AM

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:sweat.gif: HENG Arhhhh~
Today 2 Wons, 1 Small Loss, Gained 5%
wilson1stop
post Sep 18 2015, 08:42 PM

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QUOTE(poks @ Sep 18 2015, 09:25 PM)
Anyone having problem with your platform? Markets.com having texhnical difficult. Can't close positions....
*
XM no issues, super fast executions
wilson1stop
post Sep 18 2015, 10:25 PM

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Phew~

Today very HARD to CURI leh~
(Scalping is really NOT my style, better change back Swing Trading Mode)

Luckily got 7-Strike WON trades and growth 5.7% today...
HENG arhhh wink.gif
wilson1stop
post Sep 22 2015, 12:37 PM

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QUOTE(13aby @ Sep 22 2015, 01:21 PM)
Ya windraw so far no problem... same day will get in bank account .... i dun care bout what bonus .. only know i will get 30% each time deposit haha
*
rclxms.gif i also using IFX for now since 4 years ago, 30% bonus is good...
But HotForex offering 100% deposit bonus and XM also offering 50%+20% deposit bonus

*I'll jumpship to XM after this Instaforex Grand Dinner @ 10th Oct cool2.gif
wilson1stop
post Sep 22 2015, 01:21 PM

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QUOTE(9kingsir @ Sep 22 2015, 01:54 PM)
fuyoh.. grand dinner.. if insta good .. y jump ship?
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QUOTE(13aby @ Sep 22 2015, 01:54 PM)
i still using instaforex cox of the windrawal is easy . Just sms out and will receive funds on the same day ....
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QUOTE(9kingsir @ Sep 22 2015, 02:00 PM)
i m sure u need to trade to certain lots only can gain it.. if deposit can get easy 30%.. i deposit 10million jor
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haha, jumpship is becoz IFX execution is slower and slipage sometime. (recently my IFX mt4 was very laggy lo, XM was fine, LOL)
XM spread is alot lower @ 1.6pips for EU, 3-5pips for others (IFX costing 7-12pips)

For me payout is about same beocz using local IBs, also sms and email will get $$ in 5mins or next days.
wilson1stop
post Sep 22 2015, 05:38 PM

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QUOTE(Alex9182 @ Sep 22 2015, 06:28 PM)
Oh, that is why i am about to ask how manage to hold position through high impact data release.

I would think daily bar can be use to: -
1, Gauge the Price direction.
2, Find support/resistance.
3, Use Daily H/L.
4, Estimates Daily ranges.
5, Gauge where the price may Turn.
6, and see where the price may reach.

icon_rolleyes.gif
*
are you trading Swing? can hold for few hours till days depend your comfort zone.

Check Weekly News first, try avoid Scalping within 30mins
look for H4 chart for Trends (D1 chart for double-confirmation)
look for H1 chart for ENRTY (Stoc can help abit, but don't trust 100%)

Just my 2cents, Pls DON'T TRUST ME! LOL tongue.gif
wilson1stop
post Sep 22 2015, 07:07 PM

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QUOTE(Alex9182 @ Sep 22 2015, 07:52 PM)
Set and forget means need to set TP and SL when enter position,
also many sifu teach ratio TP:SL >1 to be profitable.

but found that FX very tricky, SL must be large enough for it to work, may need up to 50Pips.

for TP:SL ratio >1, TP need to be >50Pips,

found that normal market daily range may not be as large as 100Pips many a times. very confusing. wub.gif
*
Easy, try basic swing trading style (H1) from my sifu.
Using MA20 cross above MA100, it's Uptrend (double check with H4)
When MA20 cross below MA100, it's Downtrend (Always double-check)

Try don't set TP/SL, only set TS after gain profits.
Try play H1 charts at beginning, then you can topup more indicators and skills

*I'm sure NOW you can earning more than 1.5pips per trades~ rclxms.gif
(AGAIN, Pls DON'T TRUST me, do your own homework and tests yourself)
wilson1stop
post Sep 23 2015, 09:35 AM

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QUOTE(9kingsir @ Sep 23 2015, 10:15 AM)
u still need pay water, electric, gas, telephone bill..

and most of all data plan.. if not u go got Wifi areaa to trade...waha tongue.gif  tongue.gif  tongue.gif
*
haha, i can suggest him a plan of self-living...

setup 4Kw solar panel systems = enough for 1 house usages (this also solved gas issues, can use induction cooker)
can use mobile basic internet/PAYU for FREE CALLs + FREE internet (slow but very cheap, should be enough for light trader)

WATER, malaysia got one of cheapest waters in the world, just pay them.... (can buy own seawater desalination)
rclxms.gif rclxms.gif rclxms.gif
wilson1stop
post Sep 23 2015, 10:27 AM

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QUOTE(Alex9182 @ Sep 23 2015, 11:15 AM)
oh, ho to judge whether to hold on or to exit ? sweat.gif
*
Fundamental Analysis:
Euro May Decline if Soft Eurozone PMIs Inspire Bets on More ECB Stimulus
Aussie, NZ Dollars to Fall as Yen Gains if PMIs Amplify Global Slowdown Fears

*The Euro may fall alongside the Aussie and Kiwi Dollars while the Yen gains as soft Eurozone PMI data inspires ECB easing bets and fuels risk aversion.
wilson1stop
post Sep 24 2015, 12:12 PM

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Buy NU @ H4
*Watching AU,GU,UC,UCa
wilson1stop
post Sep 26 2015, 01:32 AM

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Short EU?

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