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 Forex Trading Corner, Let's discuss forex strategy

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SUSMNet
post Nov 10 2007, 05:55 PM

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babypips.com
SUSMNet
post Nov 11 2007, 04:50 PM

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invest in foreign FD currency is not encouraging
due to:
1.you must pay the bid/ask price which is high
1.MYR is rising
SUSMNet
post Nov 15 2007, 06:38 PM

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Any good news?
Yen unwind ?
SUSMNet
post Nov 15 2007, 11:32 PM

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where you learn strategy?
best forum other that factry and tsd

This post has been edited by MNet: Nov 15 2007, 11:33 PM
SUSMNet
post Nov 16 2007, 01:46 AM

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pips value is proportional to the amount of the currency you hold
higher the currency you hold,higher the per pips value
SUSMNet
post Nov 19 2007, 02:00 AM

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QUOTE(LongBeforeHorn @ Nov 19 2007, 12:56 AM)
Sorry for the noob question.

What does unwind means in most of the thread here?
*
unwind=tarak angin tongue.gif
wakakakaka

check it out
http://www.forexblog.org/2007/07/slight-unwind-i.html
SUSMNet
post Nov 22 2007, 03:38 PM

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Try oanda.com
its support PayPal deposit and withdrawal
SUSMNet
post Nov 26 2007, 12:16 AM

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hoho
finally have the guts to go live
just deposited $100 to fxtrade let see how it turn up

Anybody here trade live with fxtrade.com?
SUSMNet
post Nov 26 2007, 05:38 PM

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why not USD
my i have paypal account in USD

SUSMNet
post Nov 27 2007, 05:58 PM

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QUOTE(raynman @ Nov 27 2007, 04:05 PM)
Just funded my Oanda Fxtrade account yesterday
with USD500.00 using PayPal. Took less than
2 hours before the funds are deposited into my
new trading account. Much better turnaround time
than by using bank TT, which will take a couple
of days. Only snag is the 2.9% charge plus USD0.30
per deposit. Withdrawal back to PayPal is free though.

Now trading live.... rclxm9.gif
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what your nick at oanda forum?
SUSMNet
post Nov 29 2007, 11:16 PM

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QUOTE(REYZAI @ Nov 29 2007, 11:10 PM)
hi all, i am very very new here. can anyone teach me how to get an account in forex? i tried online application on forex.com. it asks me to send some documents to them, is this a must-do process?

thanks in advance! smile.gif
*
you need to sent IC and utility bill/license
SUSMNet
post Nov 30 2007, 03:04 AM

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QUOTE(rstusa @ Nov 29 2007, 11:39 PM)
Anyone heard of FXDD broker in US? I think this broker quite new.
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no its date back to 2002

more info FXDD
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SUSMNet
post Dec 1 2007, 11:07 PM

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leverege double edge knife
SUSMNet
post Dec 3 2007, 07:58 PM

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QUOTE(advocado @ Nov 30 2007, 11:08 AM)
Can someone be kind enough to post information regarding how to do Online Forex Tradings ON THE 1ST PAGE? The 1st page is more about introduction but has little insight on how to "Get in the Game."

1.Information like how to open an online account.

2.What are the best & reliable online Forex sites. Which country better? Is there any local sites? Or "Physical" Forex market where we can visit?

3.What are the typical requirements to open an account?

4.How do you transfer money in and out for the site.

5.What are the cost & charges? Service/Commision/BankCharges??? Any difference if you use different country sites since cost of transfering money from Europe back to Malaysi will be much higher than Malaysia to Europe.

6.Does FOREX fluctuate as much as Stocks in short time? Is it more of a long term investment?

7.The Buy/Sell price is it based on actual market rates or depend on the Forex Site? Banks normally have their own rates.

I'm particularly concerned with the cost incurred during transfering of cash flow, like Bank Charges, expensive rates etc since FOREX tends to be more stable than Stock Exchanges, lesser risk but also lower return, thus need to keep any cost at minimum.
Also regarding e-Gold. I notice there are two steps for 1 transaction to receive actual money in your bank, 1st is e-Gold-to-e-Gold transaction and the other is the bank-to-bank transaction:
Say you are A, the Exchanger site is B, and e-Gold is C. When A wants to get money back from B, B 1st have to get E-Metal from C, once B got the e-Metal A requested, B will do a bank transfer to A's bank account. That means there's actually the cost for e-Gold & also Bank Transaction. While Paypal charges more on transaction, there's actually only 1 step which involves direct transaction between Paypal and your bank. But I guess both methods are similiar, just that you need a 3rd party for e-gold while you deal directly with Paypal.
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QUOTE(alieamin @ Dec 2 2007, 10:50 AM)
Does anyone could answer all these questions? I also would like to know the answer. biggrin.gif
*
When I saw the multiple question, I thought.......Oh no, not another one of these questions requiring an involved comprehensive answer.

Having been on this forum for some time, I have taken pains to answer some questions in detail. This takes time.

Then the next day or so, a brand new poster comes to the forum and suddenly posts exactly the same question all over again..........aaarrrrgggghhhh

After a while you get sick of the same questions and then let someone else answer them. smile.gif
SUSMNet
post Dec 7 2007, 05:01 PM

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QUOTE(rstusa @ Dec 7 2007, 02:13 PM)
The No. 1 Forex Broker is DBFX (Deutsche Bank) minimum USD5000 investment. One thing i'm very sure that my money will be more secure in this bank.
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DB are always being fined by the FSA, I'd stay away. If they try to rip off fund managers and institutional clients your little fx account is history.
SUSMNet
post Dec 7 2007, 07:22 PM

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QUOTE(rstusa @ Dec 7 2007, 06:23 PM)
Ohh, this i really don't know. Why they always fined by FSA?
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Here's the extract from the FSA disciplinary.

The FSA imposed a penalty of £6,363,643 on Deutsche Bank AG ("Deutsche"). The penalty was levied for breaching Principle 5 of the FSA's Principles for Businesses, by failing to observe proper standards of market conduct, and Principle 2 of the FSA's Principles for Businesses, by failing to conduct its business with due skill, care and diligence.
SUSMNet
post Dec 7 2007, 07:43 PM

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QUOTE(bafukie @ Dec 7 2007, 07:35 PM)
are u kidding me? they are the largest forex broker. Please check ur information first la.....


Added on December 7, 2007, 7:36 pmjkr perak: are u sure fxcm is one of the highest? show some facts please
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AFAIK
easyforex offer ridiculous spread


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SUSMNet
post Dec 7 2007, 08:39 PM

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QUOTE(bafukie @ Dec 7 2007, 07:46 PM)
u must be joking rite?

Mini accounts (min. deal USD2,500 /
min. deposit $50): 7 pips.

7 pips spread... wow... tats low...
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easyforex HAVE to offer the high spread in order to pay for their affiliate
SUSMNet
post Dec 11 2007, 09:35 PM

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Any MV user here?
is this LIVE account or DEMO acc?

http://rs75.rapidshare.com/files/75778879/statement.jpg
SUSMNet
post Dec 12 2007, 10:52 PM

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QUOTE(bafukie @ Dec 12 2007, 09:26 PM)
right.... is this legal?
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and your question is..............

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