owh..i tot he mention is for long run...

hi, just want to ask something:

I'm planning to invest Futures in Hong Kong, my brother will be staying there for his study. I wonder if it is possible to let my brother withdraw the money from the bank account which I'm using in Hong Kong, is it possible for him to withdraw the money at his convenience?

Also, if he withdraws the money from this bank account and spend the money in Hong Kong, will there be any commissions charged?

/EJ hitted, 30 pips

Wow...AU make big fall....almost 100pips only for this morning....need to watch out for retracement...

did NFA just made a new regulation stating that no hedging will be allowed in retail borkers?
like that means we cannot buy and sell the same pair at the same time?

not clear on this. i heard it elsewhere.

So far I haven't hear any news on this.

Where you heard of this?

there is no solid reason y they not allow hedging in retail brokers...maybe it just rumors..

Here: http://www.forexfactory.com/showpost.php?p...&postcount=1145

ah its been a whiole since i posted

thanks to mph, your answers really enlighten me.

i have already open an forex account with one of the forex brokers..

Gonna try a few hundred bucks first.. see what i can do.

i think i am gonna try AUD/USD pair.. as i have been talking to Lord and his advise on it.

looking forward to trade like u guys

so how? is it true? meaning all those hedging methods can throw to rubbiesh then, lol.

but i like the second rule, no more requote.

Well what if the broker doesn't belongs to NFA member or CFTC(I mean not regulated lar)? Hmmm...

About NFA..

just want to highlight it here...i wrote same thing in some other forum..

NFA is not a main key to value a broker...it is just for broker which registered in USA...like here we in Malaysia, we have SSM and SC..n at US they have NFA..

so it mean if broker is not regulated by NFA..it doesnt mean that they r not ok n not regulated..it depend on which country where they registered...n they r regulated by the organization in that country..

if really true NFA wont allow hedging...it will only effect those broker which regulated by them only...n d amount is so little compare to broker which is regulated by other organization outside US.

just my 2pips

This post has been edited by Lord1700: Apr 15 2009, 02:39 PM

thanks lord for clearing up some issues.

btw guys, i know some of us have mentioned before.

why not we request to have a Forex subforum?

as stocks have companies, forex have currencies pair.

i find that we have many similarities

and would love to have a AUD/USD mini thread =) it would be rather fun

IMO, sub forum is not necessary because LYN is not a FX dedicated forum.
If you start with a aud/usd mini thread, how about other pair like gu, eu, uj, etc?
it will be hard for mod to manage these sub-sub thread...
furthermore, the post count in this thread is rather low.
if u interested to know more about aud/usd, better look around in big FX forum like forexfactory, fxstreet, etc...

i find EU make many whipsaw this few days...

some word from me as newbie in this forum...

I agree both of u n william7

yes LYN is not FX dedicated forum...but how bout stock exchange...i dont think LYN is dedicated forum for stock exchange too..

if we have sub-forum...i think we not only can made mini thread for AU...but for other pairs too..for example mini thread like 'Technical Analysis for GBPUSD 2009', 'Technical Analysis for EURUSD 2009', 'Technical Analysis for AUDUSD 2009', and etc. So member can discuss about specific pairs in specific thread..forum will look more proper, manageable n tidy.

All this action will make post count higher since it will attract more people to join...n it will also increase LYN total traffic...

y dont we make in LYN here like forexfactory, fxstreet n etc...instead we direct traffic to those website...it is better we increase this forum traffic itself..

just my humble opinion..

This post has been edited by Lord1700: Apr 16 2009, 06:09 AM

i agree with Lord1700. i think we have enough dedicated and interested people in forex trading here in lowyat to warrant us a dedicated subforum

Fellow forumers,

Can make suggestion on the feedback section, http://forum.lowyat.net/MainSiteForumFeedbackandHelpdesk if wish to have a subforum on it.
As long we have enough response and feedback/proper suggestion on the subforum issue, we can request admin to do it.

Whether lyn is a dedicated FX or stock market forum doesn't matter. The most important issue is the response from forumers whether it is suit to be a subforum on its own. We don't like to see after setting up, then little response in the subforum.

Posts in current forex thread is kinda moderate only until now. But if there is enough response, I am glad we have another subforum on Forex as well.

Changes in market sentiment to bear?

AU 15min chart: