sometimes i wonder it take 7 years for EJ from 110 to reach 170.
But now kinda scary to see that it only took 3 months to wipe all these 7 years currency appreciation. From chart itself, downtrend is just almost 90degree.
Economy is now facing big depression.

@dreams_achiever
this kind of things does not happen that often as we are looking at a global financial crisis.. Anyway going down is ALWAYS faster then going up =)

hmm testing testing

till now earn 42k already with demo acc

@chicaman
Good. You've earned pips.
But it's better to try to simulate ur demo account as real as possible.
USD5mil is seem too good to be real

Im now will start over again and trade as real as possible using demo account. Maybe will start with USD1K first.

update update, i earned 130k @.@

anyway, what is volume? Is volume same as LOT?

Wah... so keng...

I also started a FXGAME account...
Wanna learn... not necessary to profit from it, but wanna know the latest exchange rate and how it all runs...

Okaylar..time to go off.
Happy pipping to all of u !
Good night.

How many demo account can we register?

Gross Profit: 130 803.00 Gross Loss: 56.00 Total Net Profit: 130 747.00

I got the above..... but I would like to try to simulate it as real as possible, i wana create a new account with 1k USD only, because just now when I start the program it is in mandarin, I cincai select for some of them and selected 5000000

LOL, you guys really take FOREX to be such easy to trade off?

Besides, when you apply for demo account. See the below to adjust your balance.

And FOREX is not that simple as profit. IS how LONG you could sustain that profit.

Did you see kelvin statement juz now. He win then goes down back then win again.

Wish you guys lots of lucks.


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This is how you adjust your language.


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I mentioned in earlier post, will short again when it reach the outer TL. SHort at 1.2480 SL 40pips.

This post has been edited by mphpopular: Oct 28 2008, 12:09 AM


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to those that think that forex is easy to trade... if its really that simple nobody will get college/university degree's... nobody would even bother to look for jobs.. everyone would be millionaires..

@mph
u shorted on oanda? the pip spread is 0.9 now

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Added on October 28, 2008, 12:16 amand thanks to ur chart i managed to short in time.. short 1.24829..

This post has been edited by kelvin_tan: Oct 28 2008, 12:16 AM

Play small small, easy to earn RM50 or so.
Play big burn hand... GJ burn me RM1k+...
Virtual money only...

Unrealised loss = 2k
Realised profit = 500+
Total = -1.5k... dangerous game

@dreams_achiever
excellent point to simulate ur demo account as real as possible to ur live account. Hope to see u in live trading soon enough and we can exchange knowledge... we lost adamg1981 for some reason he's been inactive for some time..

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Added on October 28, 2008, 12:21 am@andrekua
ANY pair with JPY is VERY VERY volatile.. and GBP/JPY is the most volatile of all pairs.. of course its dangerous.. i personally stay away from it..

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Added on October 28, 2008, 12:21 ama bit worried bout the EU pair with all the volatility.. SL set to +1

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Added on October 28, 2008, 12:22 am@mphpopular
Our shorting on EU may be coming to an end when G7 intervenes in the credit market to stop the appreciation of yen. They also showed possibility of intervening with the value of USD..

This post has been edited by kelvin_tan: Oct 28 2008, 12:22 AM

Not only adam, lowyat82 and some others also.

small-jeff and normeck pula inactive jor... My gang all duno hilang to where...

Besides, I dont think EU manage to go down, I expect the price will go horizontally and break the TL horizontally. Wont go up, but only ranging.

Juz expectation from current situation and price action..

Edit:
I still not a fundamental. So I dunno exactly what is G7. So I will juz short wif more care.
Besides, easy win pips journey gonna end soon.

Edit:
GU reach my expected price to short, But from the price action, I didn't dare to take the short. Didn't give me enough confident to short it. Juz watch it closely and see what happen. Might short later.

This post has been edited by mphpopular: Oct 28 2008, 12:25 AM

yea i noticed a lot of kaki missing already.. probably they are staying out of the market because of these uncertain times.. we need more ppl here.. T_T

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Added on October 28, 2008, 12:26 am@mph
our EU short may not be moving much but i'm satisfied if its POSITIVE pips i'm holding.. its still earning. Usually at this time most of the volatility is gone already... tomorrow plenty of other chances

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Added on October 28, 2008, 12:26 amHit my SL at +1.. hmm not gonna enter anymore... i'm eyeing the UJ pair because when G7 intervenes the value of yen.. USD/JPY should be shooting back up

This post has been edited by kelvin_tan: Oct 28 2008, 12:26 AM

GU currently for me


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what is Leverage?

When is the G7? Where to see?

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Added on October 28, 2008, 12:30 amExample of Leverage:

You LONG GbpUsd at 1.5534 with 1 standard lot (10000unit)

Means you need to have USD 15534 to buy that position.

With leverage 100:1, you only need USD155.34 in your account to open tat position.

That is the use of leverage.

This post has been edited by mphpopular: Oct 28 2008, 12:30 AM

oic,

when we buy that time got volume, what is volume? is it LOT?