2014

errr.... no. i just wanna know how to withdraw n why my bank statement is like tht. im confused.

thanks for the info.

For your information, XM in order to comply to Anti Money Laundering laws (AML) will allow withdrawal to the source of initial deposit only. Therefore you can only withdrawal to both credit card following the sequence when u make the deposit. As for the profit you are free to choose any method you want provided the account which you wish to withdraw to is under your name.

Wow. Usd is nuts today

I asked XM before about this situation too. Here is what they mean.

Example:
Your deposit RM 1000 from your card you can only withdrawal RM 1000 back to your card and for the balance in your XM account you can withdraw it to Neteller which I recommended or you can choose any of their others option.



I want to ask all professional guy how do you trade with fundamental analysis? I am currently new to forex too.
I see news at Forex Factory and lets say a pairing like USD/JPY. Now a news about USD is about to start it say if Actual > Forecast good for currency means USD will go up? Then should I buy the pair before the news or after the news and result announce? Hope to get reply soon.

This post has been edited by imthebrand: Aug 26 2016, 11:44 PM

I'm seeing JPY also follow suit. Is it everytime USD got interest rate news, JPY will follow? A correlation?

my good fren.... answer to fundamental is not as easy....

All this fundamental stuff is super complicated plus if u r not economic student b4..

Actual > forcast-=good currency.. is very basic stuff...

there is 3 things as i have observed through my years watching..

1. during big news - sometimes it happen half hour b4 release news..sometimes on the dot...sometime halfhour later
2. there is 3 facts can b observe-example.. actual < forecast but better than previous.. can be downward abit then upwards
3. sometime its good news but the trend went all the opposite way ( market manipulation)

just my 1cents

This post has been edited by 9kingsir: Aug 27 2016, 02:08 AM

Agree bro just curious how people trade with fundamental tactic. I've opened a demo account and try out using fundamental tactic and just like you said market manipulation.

Usually people trade long term like economic trends.

By the way are there any XM member here? Are they trusted? Because a guy told me do not trade forex with XM Broker

They manipulate price when needed to make you lose money

Fundamental strategy in forex normally revolve around macro-driven events such as interest rate decisions and economic datas.

Normally macro-driven strategies are used in higher holding period like 2 weeks (in some hedge funds i know). Some are holding for a year especially commodities/precious metals.

To hold towards your target u need holding power to resist volatility.

In macro-driven strategy, what we're looking is the current data thats coming out, compared it with previous ones to determine overall trend, mean, sigma etc.
Speeches by central banks are also important as they like to indicate what they will do in few coming months, which potentially can be used to predict where the prices are leading to.

Just my 2cents

edit: btw recently starting in 2016, some fundamental doesnt make sense anymore on some pairs such as Japanese Yen. LOL. If u notice la. Like bad news suppose to cause the currency to go down, but it has become "safe haven" and went up instead.

This post has been edited by old_and_slow: Aug 27 2016, 10:17 PM

As for me it doesnt matter if u use 1000, 400, 800 leverage, as long the risk management is there. I.e. how much u risk from your total capital for open positions.

Lets say if u use 1000:1 leverage on $1000 account, of course u can open a lot of positions, but we must bear in mind that the more lots we trade per pair, the more "gain/loss per pip move" that u get. which in the end will affect your margin used. That means, if u open 1 lot position, u wont lose much if things goes bad. If u open 100 lot positions, your account will be damaged. It will haunt your psychology.

I hope you all understand hahaha

wah.. any good broker can recommend ?

@old_and_slow thanks for the info bro!

Yea i cant really find a trusted broker yet... Wan trade also scare a walao leh... Like brotan said they will make ppl lose money eh

Think of market maker brokers as genting

U think genting will allow u to win non stop? Lol

Agree bro then you got trade ma?

Yup I do (on average consistent 20% per month) but I have my own secret ways to work around their tricks

Anyway, in general I would suggest u to go to forexpeacearmy

They have users review. That may help u find what u need

This post has been edited by brotan: Aug 27 2016, 11:59 PM

Bro may i know which broker u trading with?

ic market fxcm xm and others. u can go do survey on internet tho...