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 Forex Trading Corner, Let's discuss forex strategy

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siaokia
post Dec 21 2006, 12:52 AM

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wat is the user ID to login the forex? is it the email address or others? noob here sorry....
siaokia
post Dec 21 2006, 12:52 PM

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QUOTE(hafifee @ Dec 21 2006, 03:29 AM)
what broker?
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Ermm What do u mean by what broker blink.gif ... i registered online.. then i not yet send my document to forex.com to verify. Now i wanna login , but don't hv username. hmm.gif i donno whats the procedure. sad.gif icon_question.gif so What is my username?
siaokia
post Dec 26 2006, 12:37 AM

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i hv one question here.. the graph analysis... Stock market and Forex .. using the same method of analysis? thanks
siaokia
post Dec 26 2006, 12:55 PM

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QUOTE(jassicaskylpm @ Dec 26 2006, 11:26 AM)
just register with forex.com n the account provide me $50000 virtual cash,
what can i use that for ??
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Use tat For Training.. Remember do all the analysis and study b4 start.
If not u r jz another gambler. Good Luck! smile.gif
siaokia
post Dec 27 2006, 01:01 PM

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QUOTE(jassicaskylpm @ Dec 26 2006, 08:40 PM)
any sifu's can guide on me?no la..just for understanding how it works la..not to invest on it also  tongue.gif
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Familiar urself with the graph will help u a lot.. cool2.gif

Buy/Sell hmm.gif

Some news.. hmm.gif

Must Put effort on it.. smile.gif
siaokia
post Dec 28 2006, 12:47 AM

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i have one question here... the currency we buy/sell.. how long we can keep? 1 weeks , 2weeks or 1 month.. forever ?
siaokia
post Dec 29 2006, 10:08 AM

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QUOTE(Minimayo @ Dec 29 2006, 12:34 AM)
haha, that is one of the reason why i change to other broker
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Mind to tell me which broker u use? smile.gif how u transfer money bck to ur bank account?..
i'm new in this.. and this is my plan...

paypal--> broker account-->earn--> paypal-->sell/buy from lowyat member-->bank account. Work? anyone try this out? Paypal to bank account .. any other method other than this? hmm.gif thanks notworthy.gif

the E-gold is direct bank in bank account or using cheque? hmm.gif

My bank is Maybank Anyway.. smile.gif

Thanks for the help.
siaokia
post Dec 29 2006, 12:51 PM

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QUOTE(billytong @ Dec 29 2006, 10:18 AM)
You can fill in a form(usually a broker provide this) and put in your bank acc number. The broker will TT the money to your bankAccount.

Regarding the broker. Try google arround and look for the general public comments, then you will find which broker are generally honest to its customer.

Note: FXCM is NOT a good broker according to the source I found in the internet. According to the general public, they manipulate your close position(a lot of slippage) and might put you into manual execution if the market is abnormal.
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hmm.gif Form? Hard copy or softcopy? ok Thanks for the info.. i'l search around for a good broker. THanks hands.gif
siaokia
post Dec 29 2006, 01:00 PM

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QUOTE(hamster9 @ Dec 29 2006, 12:53 PM)
soft copy  smile.gif
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hamster9.. u got the idea how to transfer from trader account to our local bank account? Guide me Guide me ..Thanks hands.gif
siaokia
post Dec 29 2006, 01:34 PM

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Surf through the net .. found tat quite a no. of ppl gv credit to oanda cool2.gif They using paypal and bank wired. Anyone using this broker? hmm.gif
siaokia
post Dec 30 2006, 01:00 AM

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QUOTE(Quincy @ Dec 29 2006, 10:45 PM)
yeah i was thinking of using Oanda for my live trading. Ive read at forexfactory, many trader recommend Oanda for newbies.

Well for me, it seems that Oanda looks good because of the low spread, minimum deposit $1 and got good reviews. But the client is java, so kinda heavy to load.
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This is the review i found... the rating from user.. http://www.goforex.net/results-2005-2006.htm hmm.gif
siaokia
post Jan 6 2007, 12:07 AM

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QUOTE(hamster9 @ Jan 4 2007, 06:55 PM)
crazy, USD going up like mad. I wonder why? Isit becoz they killed Saddam?  sweat.gif
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ermm.. ? USD become weaker rite? hmm.gif if compare to Euro and GBP
siaokia
post Jan 18 2007, 06:20 PM

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i think now is a good time for short...with JPY
siaokia
post Jan 27 2007, 10:54 AM

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QUOTE(jAs0N-.-" @ Jan 27 2007, 12:01 AM)
usd200, is that enough to trade in real?
if for a newbie to start real trade , how much should i try to put in and see how far am i understand about trade ?
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yes ... i put USD100 to start.. flex.gif a bit scary... but follow the rules u will be fine.. biggrin.gif Rules mean.. read as many techical analysis as posible .. rclxms.gif Be the best!! No average in mind. Serios all the time.. smile.gif if u earn bit by bit.. collect bit by bit.. hmm.gif brows.gif few years later... thumbup.gif anyway still a newbie... but i'm reading techinical analysis almost everyday..Hopefully can improve myself from time to time.. cool2.gif
siaokia
post Jan 28 2007, 09:03 PM

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QUOTE(jAs0N-.-" @ Jan 28 2007, 12:30 AM)
oo...can share where u get all those news? rclxms.gif
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Borders Book store... hehe...
yes @Minimayo .. what do u mean by that.. oanda hv a higher spread at weekend? blink.gif

i'm using oanda now..
siaokia
post Jan 29 2007, 01:07 PM

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@billytong...

Mind to tell us how u know the spread.. u know b4 or after enter the trade? ..Thanks.


Added on January 29, 2007, 1:09 pm
QUOTE(jAs0N-.-" @ Jan 28 2007, 11:18 PM)
oo... hmm.gif what u means by having a higher spread?

and what the different between that with marketiva?

border book store? hehehe.....we are going soon...may ask me to join also...i means time square 1 la
thumbup.gif
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haha.. i went to Penang one. but it is less information if compare to internet.. smile.gif But still better hv a little than don't hv. icon_idea.gif

This post has been edited by siaokia: Jan 29 2007, 01:09 PM
siaokia
post Jan 29 2007, 11:58 PM

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QUOTE(jAs0N-.-" @ Jan 29 2007, 11:02 PM)
from all chat till today...a lot of u recommend oanda ,....isn't it?
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ermm.... what problem i face with oanda is if the connection hv problem .. the whole software cannot be load and cannot trade... and keep on refresh and refresh... .. is better u read through the internet review or try thier demo account 1st.. choose which u like . hmm.gif
siaokia
post Feb 8 2007, 12:57 PM

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i GOT THING TO ASK HERE.... IS IT LEGAL TO PLAY FOREX IN MALAYSIA? ... Hopefully got a Prove for this so tat all of us can play Peacefully without get FINE cry.gif mad.gif

QUOTE
Illegal forex deal: Director is fined

Kota Kinabalu: A company director was fined RM2,000 or three months' jail by the Magistrate's Court here Tuesday for illegal involvement in a foreign exchange (forex) deal with a foreign firm three years ago.

Local Jeffary Mudi, 35, of Asset Forrich Sdn Bhd (AFSB), admitted before Magistrate Azreena Aziz to committing the offence between Jan. 10 and May 20, 2005 at Lot A1202-7-11, 12th floor, Wisma Merdeka, here. The company was also ordered to pay RM2,000 fine for the same offence.

Mudi admitted to having been involved in the forex deal, without the permission from the Foreign Exchange Controller, with a New Zealand firm, Goldex Equities Limited, whose registered address was Level 2, Windsor Court, 128-136, Parnell Road, Auckland.

Mudi and the company had committed an offence under Section 4(2) of the Foreign Exchange Control Act 1953 (Act 17) read with para 9(b), Section 2, fifth Scheduled of the same Act, which is punishable under para 7(2), Section 2, Fifth Scheduled of the same Act.

The charge carries a maximum of RM10,000 fine or up to three years' jail, or both, on conviction.

Prosecuting officers Anthony Kularaj Kulasingam and Jasmina Mohd Mokthar appeared for Bank Negara Malaysia (BNM) while Mudi was unrepresented.

Kulasingam told the court that a team of BNM investigation officers raided the AFSB premises on May 20, 2004 after receiving information about the company conducting foreign currency business illegally.

The team seized documents and related office tools when the company failed to produce any permission or authorisation for the business from the Forex Controller.

Kulasingam said the trading licence issued by City Hall showed the company conducted "business managing services, computer software and hardware suppliers" and that Mudi was the company's director.

Investigations revealed that AFSB had been appointed by Goldex Equities Limited (GEL) as an agent and had been authorised to, among others, attract investors into the business.

It was also to conduct training and briefing to new employers and the investors regarding the business to enable them to carry out trading at the AFSB premises.

AFSB was also to provide business equipment such as computer, computer software and other online equipment at its premises so that the investors conduct trading through GEL website.

It was also allowed by GEL to provide administrative facility such as opening a trading account, depositing money in GEL agent's account, issuing user ID and password as well as GEL official receipt.

Kulasingam further told the court that investors could carry out trading in several foreign currencies such as Swiss France, Japanese Yen, Euro Dollar and Great Britain Pound offered by GEL.

Further investigations had proved that the seized documents and office equipment including computer had connection with purchasing and selling foreign currency activity.

The court was told that search at the Foreign Exchange Administrative Department, BNM found that AFSB had not obtained any authority or permission to conduct such activity from the controller, Governor of Bank Negara Malaysia.


http://www.dailyexpress.com.my/news.cfm?NewsID=47334
rclxub.gif

This post has been edited by siaokia: Feb 8 2007, 01:08 PM
siaokia
post Feb 8 2007, 07:35 PM

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QUOTE(luqmanz @ Feb 8 2007, 01:17 PM)
I dont know the exact answer for this. But it's the same like,
"Is it legal to sell a lot of things online when you don't have business license ? ". Many people has done this on Lelong.com.my or Ebay. They work like a shop when they don't have business license nor  pay business tax.
Perhaps, acting as a company  that gets other people to invest in forex is wrong. A company need to operate according to the license. He should have applied for license.
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Hope Malaysia government won't make forex as illegal thing... then everything will be jz fine.. icon_idea.gif


Added on February 8, 2007, 7:38 pm
QUOTE(jenatic @ Feb 8 2007, 05:43 PM)
hello there..

im pretty interested in this forex trading.

but i know nothing of it..

i believe a few weeks ago when i was browsing around here, i think i've caught a glimpse of a few conversation between fellow forummers here about some software or game which could be use as practice to play forex before doing the real thing..
may i know what are the programs again? and also, care to provide any guidance?

i have totally 0%/clueless about forex trading..

im a student and turning 20 this year. i think its time i learn how to make some money. please teach me...  icon_question.gif
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hi there.... babypips.com is a good start... yes u should start learning when u are student.. working life is jz too bz. smile.gif


Added on February 8, 2007, 7:41 pm
QUOTE(Goliath764 @ Feb 8 2007, 07:07 PM)
Tried Forex few day ago and still learning.
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Welcome to join Us... flex.gif Our Group Getting Stronger!

This post has been edited by siaokia: Feb 8 2007, 07:41 PM
siaokia
post Feb 11 2007, 09:58 PM

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ok ... how about all of us list down the site u use to improve urself?

here is my list

http://www.babypips.com/
http://forexfactory.com/
http://www.forex.com/forex_training.html
http://www.elliottwave.com/education/onlin...e=789&lesson=20
http://www.investopedia.com/articles/technical/082701.asp
http://candlesticker.com/
http://stockcharts.com/school/doku.php?id=...g_average_conve

Do share out yours... Let us improve together... smile.gif

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