Welcome welcome all!

First timers in Forex, here's a couple of links for you!

www.babypips.com - Best introduction site for forex trading
www.dailyfx.com
www.forexfactory.com

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Added on September 11, 2008, 7:05 amUpdate:

Euro dipped below 1.40, Aussie dipped below 0.80, both currency marked new lows against the dollar.

This post has been edited by AdamG1981: Sep 11 2008, 08:37 AM

Adam.. i think mayb u should put www.babypips.com/school and www.forexfactory.com in ur 1st post to serve as a guidance to those new to forex? when they c this thread at least they know where to go to learn.. T_T euro so choppy last night.. wanted to short but worried it goes up instead

Take Profit on Euro short, bank another set of 864 USD.

Now I have a floating short profit of ~9700+ USD @ 3970. Still holding 4802, 4675, 4418, 4178 short.

This post has been edited by billytong: Sep 11 2008, 10:24 AM

This week no more forex for me; got caught by the surprisingly strong aussie employment number! Ouch! . Reducing the risk on my portfolio. Shorting FKLI instead.

This post has been edited by AdamG1981: Sep 11 2008, 10:30 AM

I think the drop of euro is getting near. We have getting near to pre-subprime value. Shorting will be a little bit tighter now. I am back to scalping short while holding the swing short that is on top.

Good idea Billy. I will not trade today and tomorrow. No luck in my trades today. Back to shorting FKLI. Good luck, see you tomorrow.

Hi All,

I wish to start real account for forex... and i'm looking for micro account..
dunno which reliable and trusted broker is providing tis kind of account..
i ever tried fxcast.com but i can't find the Balance/Amount, Close transaction screen on the demo version...(confusing..)
So i'm looking for any other forex broker that provide micro account....any idea?

Did you have a long position on the AUD?

Short position, i closed it way too early. But tonight there's two event risk for the dollar. SO i didn't dare to hold it.

@dreamzz

before u want to start an account, do check out the companies background. Some companies are scams while some are barely meeting the CFTC requirement and they certainly wont when the new CFTC enforcement is out.

As for micro accounts, IBFX is one. If u want more flexibility as in u can buy any desired amount rather then a mini lot (10,000 units), u can try oanda as they allow u to buy even 1 unit =)

wah...now version 4...im back!!!...heheheh!!!

^^ welcome back normeck..

hows ur account now ?

i just top up my margin....if i can clear all the -ve pips..i will withdraw the fund...

those -ve pips still floating? slowly recovery dude i also started live account d ^^ but my account so little funds T_T

alhamdulillah ..i kinda feel relieve now ...i found my rhythm

i'm starting my trade with 32 dolar on 8th Sept ..and i'm focusing my trade only at UJ and GJ

currently my account balance is more than 1 k ..

right now , pair yen is giving more profit ..target sell all the way

USD32 become USD 1k ? u made over 3000% ROI in 3 days?

Hi Kelvin...u using IBFX? ...it's secure?

yes sir ...

below is my detailed statement

hope my statement able to encourage LYN member to get more profit in forex ..



This post has been edited by kevler: Sep 11 2008, 04:07 PM


Attached File(s)
 Statement.htm ( 19.7k ) Number of downloads: 549

@dreamzz

nope i use oanda =) because of the flexibility of buying/selling any desired number of units.. i do not have much capital and the minimum lots for ibfx/odl/etc is 0.1 lots which is 10k units.. i usually trade with only 3k units.. =)

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Added on September 11, 2008, 4:21 pm30 to become 1k is certainly very very impressive.. its considered a superb achievement =)

No offense to u kevlar but ur statement does look like a certain software that buys n sells on a lagging basis.. i do not mean anything bad by that but i've seen statements like that and their accounts get shut down by their brokers because the use of such software is deemed illegal.. the usual signs = maximum loss of -1 pip..

On another note.
if it really is due to ur own personal skill i really respect u because that is certainly a very very good achievement to be able to make 3000% ROI in 3 days. Good luck in ur future forex trading =)

This post has been edited by kelvin_tan: Sep 11 2008, 04:21 PM

no prob bro ..previously i'm always loss due to my small capital ..mostly i'm started with 30 dolar and 50 dolar ..but end up with losses .

i'm using chaos system (which is created by Bill William) and also elliot wave fundamental

i heard 1 guy in forexfactory and he said his friend started with 10k capital and ended with profit 1.7 mil , in a year ...damned envy