hmm it seems that i have misunderstood the withdrawal cost... thanks a lot for clarifying for me dr2k3.. and you also askds.. thanks for ur guidance =)

nice normeck.. what platform is that?

actually till now i am not very sure how to plot pivot points despite reading from babypips quite a number of times and i notice u ppl use it often.. can someone teach me ?

edit :

i mean i'm not sure am i plotting it correctly.. ><

This post has been edited by kelvin_tan: Aug 25 2008, 10:01 PM

the forexfactory calender... i have a few questions.. red indicator means big impact... what about orange n yellow...which one has a bigger impact ?

and how does the actual/forecast/previous work ? lets say existing home sales the actual is higher then forecast.. thats an indication the currency will go up in value?

the actual tends to have colours.. so green means positive news?

ooh...mousing over tells it >< i didn't know .. i was looking for an explanation around the calender instead of mousing over >< thanks

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Added on August 27, 2008, 10:53 amdr2k3 .. i know the calculations of pivot points is done for.. however how do u determine which candlestick to draw them on?lets assume i take the 1 hour chart... i draw it on my currently ongoing candlestick or the previous 1? or can anyone answer me? ><

This post has been edited by kelvin_tan: Aug 27 2008, 10:53 AM

ah yes thats what i am tryign to ask =) thank you.. unable to express me thoughts efficiently ><

for platform i would recommned that u try to use the platform on demo before deciding.. and also google by typing ur platform + the word scam.. i was quite surprised actually .. i typed oanda scam.. there were reports of such thing.. fxcm scam also got and so on.. every single one of it will have scam reports.. but then the quantity of some is rather high compared to others... as of my knowledge.. i saw a report where fxcm was charged for being unethical

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Added on August 27, 2008, 2:24 pmp/s: just my 2 cents.. good luck in ur trading =)

This post has been edited by kelvin_tan: Aug 27 2008, 02:24 PM

what is this 200 ema and 50 ema u guys are talking about? can anyone give me some guidance? thanks

going to start live soon.. got my account verified and everything already

@mphpopular yes i know what is EMA.. however what does the number mean? u guys were talking about 200 ema and 50 ema i do not understand.. >< the default value for ema in oanda is set at 14.. what does that mean?

so changing it to 200 and 50 is better ? by changing it to this 2 values it acts as a support and resistant? i have only been using the defaults..

but could someone explain to me what the numbers mean? once that is clarified i can decide ><

200 ema <--- i dunno what the 200 is... is it just simply a value?or it is something else?

thank you adam =) now i get it...

mayb coz GJ is very volatile.. been trying it on demo.. even a small bar is about 10 pips >< i got a profit of 60 pips just by waiting an hour

pre news.. try it on demo adam.. somehow the movement for it even a small bar is a lot somehow on the GJ ...

anyway nice tip on the too many indicators thing.. i was wondering if i was using too many.. but thanks =)

nope... not necessary... oanda's demo is a one time sign up for a lifetime..

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Added on August 28, 2008, 3:47 pmhowever.. oanda lacks certain things such as OCO.. but i like it due to the tight spread it provides

This post has been edited by kelvin_tan: Aug 28 2008, 03:47 PM

adam.. u perform trades during the news? or u close ur position before the news ?

i still haven't obtained enough experience by trading with the news =/ always get burnt ..

by saying cut rates do u mean interest rates?

dr2k3 whats the spread on ur broker ?