Hi Kelvin, thanks for that, perhaps I should continue my perfomance for another 9 months before going full time, haha. To be honest, forex really will cause heart attack if you monitor it.

Sorry as I seldom post my charts and pairs selection here, I used to do that in other forum but I lost confident with my analysis when other traders say different opinion. That is why I seldom surf forum or chat room when I trade.

AGREE~ goes up and down... unless we leave it there for a period and set our limit order lol~

This post has been edited by chicaman: Oct 31 2008, 01:30 AM

@bulkbiz
please do post we need them =) there are different opinions on all traders.. there is no perfect analysis.

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Added on October 31, 2008, 1:47 amactually bulkbiz.. are u on live account?

This post has been edited by kelvin_tan: Oct 31 2008, 01:47 AM

yes, u might see my history post asking noob questions

haha no la.. i didn't know ma. because this week got many new comers ma.. i know u have been in the forums for some time but i didn't know were u on live or not >< sorry for my noobiness

How come on my charts, I see nothing? Nvr mind la, juz scalp here scalp there la. Really getting headache with this trend.

@mph
dont trade d lo this week.. slowly.. i also stop for the day d.. i executed about.. 7 trades today.. all hit SL at +1 .. except one of it i got nice pips.. market very unsteady..

Has anyone tried FOREX.Com b4 this?
It uses web based platform too. Any comment guys?

I stop already. I juz finding some tools and EA or scripts to make me trades more easily.

@casanova88
i used it before about 1 year ago and i dislike it because they do not have pip spread count for u.. sometimes during news u dunno the spread coz lazy count... n since nobody recommends it anyway i stayed away from it ..

so any recommendation? i was using interbank FX, and i found out the fund transfer is not good...

I guess IBFX using TT as fund transfer right? Most of the broker use that way. TT is an international way for trasfering our fund.

Oanda might a choice for you?

@kelvin_tan
AdamG is quite active actually but not in this forex thread lor.
He is active in stock market thread which occasionally i do post comments there.
Some update about him: Recently he became FBR(or long time.not sure) and will organise some talks this Nov 6 at Times square.
Talks about forex, futures, stocks thingy. Can refer to his posts there

List of forex brokers that i have researched into it:
1)Oanda - web based, no fixed spreads, low spreads on EU, charting not good. Can't see spread calculated in demo. Others no comment.
2)FXCM - platform trading good. Can see spread calculated, rollover amt, no fixed spreads. Others no comment.
3)FXOpen - MT4 broker. Fixed spread. Promotion: free USD 100 for standard acc. So far got plenty posts out there claimed this is scam broker.
4)LiteForex - MT4 broker. Fixed spread. No promotion. Not yet deep into it.

Seem mostly diverted toward FXOpen & LiteForex as i more prefer MT4 brokers for advanced functionality inside it

Any reasons why? Coz oanda allow for paypal and wire transfer/TT same as every other brokers out there.
So particularly, fund transfer much the same

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Added on October 31, 2008, 7:55 amEUR/JPY forming reversed H & S.


This post has been edited by dreams_achiever: Oct 31 2008, 07:55 AM

EUR/JPY forming reversed H & S.


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GU weekly . Now need oone more candle for confirmation so that I could short again

@dreams, nice to have your charts here.

This post has been edited by mphpopular: Oct 31 2008, 08:09 AM


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Current view on EJ


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GU m15 H&S or maybe double bottom if you notice the laz 20 candle only


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@dreams_achiever
you can c the spread calculated in demo for oanda dude ><

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Added on October 31, 2008, 11:52 amanother point for oanda is no requotes =)

This post has been edited by kelvin_tan: Oct 31 2008, 11:52 AM

@kelvin_tan
Hmm..will try to explore it tonight.
Requotes: this is another important factor as well.
Argghh..hard to make decision leh.
Juggling between pips spread or good trading platform?

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Added on October 31, 2008, 1:26 pmJapan cut rate to 0.3% only. Less than market expected.
Time to short on JPY currency pair. (or should it be long?)

This post has been edited by dreams_achiever: Oct 31 2008, 01:26 PM