Since there are so many experts in Forex here, I would like to get some help. I have a friend who recently went 2 dis convention in midvalley by kishore himself i think. He said dat it sounds convincing enough and it can be started with just 100USD so since den he started reading his books. Since I would also like 2 try a hand in forex but I would like to keep my options open n I would like fellow experts to advice me on which books shall I pick up on forex as I'm a beginner in Forex n too a beginner in finance as I'm of an engineering major, but I think my analyzing skills would be of advantage in analyzing forex, neva really noe though.

what is resistance?

But the curve already too steep plus it near overbought. Maybe won't pass the resistance created by the top on the left corner?

Hi, im new here in FOREX trading.

I have few question to ask:-

1. Is forex trading in malaysia legal?
#100% legal.

2. Can you recommend to me few broker that are reliable:-
eg: INSTAFOREX, AVAFOREX, FXCM, FXDD.....
#I use fxcm.

3. Is wire transfer deposit/withdrawl save? I takut Bank Negara can possible freeze my account
if really Forex trading are illegal.
#I use credit card to deposit. Withdraw using TT

4. Looking for profit withdrawal into VISA/MASTER credit card. Any broker with that facility?
#I don't think malaysia bank credit card allow that.

Err... Hi everyone.
I came across this website, it's forex robot or some kind of automated forex trading.
It's FapTurbo.
Does anyone know something about this?
Is this scam or what?

The sales page is quite fascinating. I'm impressed with the proof and result.
But does this sound too good to be true? Anyone else here in LYN came across with this one?

Well there is a free EA available called Cowabunga EA. Never tried it but Cowabunga system is very popular.

Cowabunga blog + trading system
http://www.babypips.com/blogs/pip-my-syste...e_school_o.html

It's FAQ:
http://www.babypips.com/blogs/pip-my-syste...system_faq.html

@Ibrahimovic
Thanks for the link to FapTurbo review.

@bulkbiz
I'm asking for review or comments here.
If I'm willing to try, I guess I don't need comments or reviews from people and go ahead and try already.

Nevermind then, FapTurbo is quite expensive.
But the result on the website is the maximum and the best result.
So, the result may varies when you're using FapTurbo.

Ya, it may be fake or it's the best result.
Either one.
However, they offer 60 days refund.
That's just make me eager to try.

But still, too expensive for me.
I believe almost all Forex trader starts with hundreds or thousands.
Now I don't have any money.
Not even hundred.

Lol, then just be like me. Demo-ing until somehow there is money drop from the sky. Lol, I thinking only using real money if I get consecutive profit for 3 month or so.

Anyway, just got bored and merge all of good trading system like SonicR, THV and Cowabunga. I think this will be the best Holy Frinkin' Grail of all time.

---

Added on February 27, 2009, 6:59 pmOr not.....

i also a newbie in forex it actually grand me some earning there .

first i putted in some penny 2 usd but minus some fee become 1.6 but i end up with 2 margin call .

then second i drive in another 4usd in and when i play it it actually hanging there . for several day cause i gain lio lose back gain lio lose back .

and after that i realise alot thing , and gain alot experience on it .

after all that practice , i actually get the correct techinc to trade and it actually grand me all profit trade i have done 10 straight profit trade on it but at the last trade i was to heheheehehh greedy and do a trade without TA analyses so heheheheheh i also actually realise that after i click on the confirm button . regrad on it cause to greed .

greed kill...........
heheheheheheehh is all about psychology trading dont ever greed !!!!!!!! heheheehehehehe

Hi,

I'm new in forex trading, just started to trade with demo.
I got few question regarding broker

1. For FXCM Micro, they not allowed you to login during weekend? So can't access their chart as well?
    I can't login to my account.

2. Is there any problem with FXOpen last night? the price not updated, the chart keep updating but not showing anything..
    Is this normal problem for FXOpen?

3. If using Paypal for forex money withdrawal (OANDA), standard paypal account will be enough? or need to upgrade to premier account?

Frm my reading, it mentioned you will only lose the money you've deposit because of margin call. But in real life will it be possibility margin call failed then you owe loses to the broker? Can you dispute that or you have to pay the extra loses? I know to be on safe side should put stop lose as well but just in case margin call failed.

I'm trying out few broker... so far
FXCM Micro:
+ve : the platform, charting easy to use and understandable. They accept Credit card deposit right?
-ve  : if cannot login to my account or access the chart during weekend.
        Not planning to trade during weekend but at least I want to review back my trades I've made for the past week. Study the chart...
        Withdrawal method only by Bank Wired, normally how much is the Administrative fees? Hong long will it take to transfer to our local bank?
        For the transfer, can directly transfer to normal saving/current account or I need to open new foreign account like the one offer by Maybank?

FXOpen:
+ve : easy deposit/withdrawal to local bank
-ve  : not regulated. the quotes & charts not refresh or looks like hang (maybe this happend on Friday night only?)
        Can access account during weekend?

FXCM Micro & FXOpen, both offer low deposit & high leverage
(1:400)          (1:500)

OANDA : haven't try yet. Having problem with opening the platfrom. Something wrong with java version I've used in my PC. I'm using jdk 1.5

Interbank Fx : haven't install the program. If not mistaken allowed deposit/withdrawal to local bank?
                      But frm review I've read, the price often get requotes. Is this true, will it effect so much to trading?
                      I know most broker also have requote the price, but the only different will be how often?

Any other broker should I try? Broker that allow you to access your account & chart during weekend?

Please advice. Thanks

AdamG told me before the forex broker he used based in SG, but I've forgot the name already..

we got lot of forex traders in malaysia...
HAHAHA

When is the trading off date and time during the weekend?

Haha, yeah somehow I got a moment of zen after putting all indicator into one screen. I guess I see that indicator don't show entry and exit too often and many are too late. Hence, I now trying to be more relaxed by using DIBS method and maybe using old-skool technical analysis.

Why am I so dumb trying to use indicator but forget as more simple method? I learn my lesson after countless of loss...

Yeah, it's actually just a harami pattern but we only concentrate it on 2p.m Malaysia Time(0600 GMT till 9-10 hour for sign of harami). So it's just plain old Technical Analysis on Daily Chart.

would anyone interested with "Guaranteed success" system that i discovered? im openly tell this is because majority of the trader cant achieve this due to lack to capital.
minimum amount to trade starts from USD 10million. and its long term trade, you need to hold it for 20 years or so if want to maximize return.. short term also possible but just smaller profit.

Just going to test it on Tuesday. But when I'm inspecting the graph, it shows that many are in fact true and can sometimes get up to 100 pips if early on trade. The good news is that this system is meant for Asian trader since the author from US said that he have to wake up in midnight there to emply it.

Highly recommend you to at least read the summary of the system if you got any free time.

Did you guys think before that if you really got 10million usd in a forex broker account, if you want to withdraw all of them, will the broker allow you to do so? Or the broker will scam your 10million become 5million? Even those brokers regulated by CFTC or NFA, can they really be trusted if your account one day really got such huge amount?