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 FOREX Corner v 5.0, FAQ|Technique Sharing|News|Broker

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sephiaric
post Dec 29 2008, 12:58 AM

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QUOTE(rpg @ Dec 28 2008, 03:38 PM)
which bank charge the lowest rates of wire transfer to US broker?

how do you guys transfer money to your forex account?
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There's some broker that uses paypal. Less charges and instantly received the fund, then you can sell it out.
sephiaric
post Dec 31 2008, 02:56 AM

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QUOTE(nok2210 @ Dec 31 2008, 02:14 AM)
any1 interested to get GU trend sms alert?

condition:
GU pair and trading time frm 6pm-9pm (safe entry)

will post here for 1 week..if u guys think it's good, jz p.m

tata..nite2...
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I m interested in EU trend, you got any? Safe entry time will be helpful too smile.gif
sephiaric
post Jan 8 2009, 05:51 PM

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QUOTE(coldfusionpower @ Jan 8 2009, 05:21 PM)
now EU going for a quick retrace .. if the price bounces back creating another wave, a short is confirmed ...for me la .. i dont use bigger tf.. only M5 and M15.
[attachmentid=752947]
What indicator are you using to trade EU bro?


sephiaric
post Jan 8 2009, 07:13 PM

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Ok, thanks guys smile.gif
sephiaric
post Jan 25 2009, 03:06 AM

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QUOTE(Kazachok @ Jan 24 2009, 03:57 PM)
newbie here.
which broker do u guys use?
i've tried directly with forex before this.
now using marketiva.
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Don't use marketiva la bro. The only good point about it is that it gives you a FREE USD$2.50 to trade live. I have triple that USD$2.50 to USD8.++ in few days hehe.

Other than that its a bucket shop, only good for chatting sleep.gif. There is no requotes and other function found in an MT4 platform, you will lose a lot of money if you really fund and use this broker. Your Buy and Sell order will not executed exactly as you placed it 80% of the time.


Try broker like oanda , ibfx.

I m using fxpro , same platform like ibfx, it can be funded using paypal. Easy to withdraw money smile.gif

This post has been edited by sephiaric: Jan 25 2009, 03:06 AM
sephiaric
post Jan 27 2009, 02:23 AM

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QUOTE(how to save a life @ Jan 26 2009, 11:02 PM)
bump
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Most of the broker is not from malaysia.

Unless you can find a broker from malaysia or other nearby asian region then they might accept debit card.
sephiaric
post Feb 5 2009, 12:51 AM

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QUOTE(Ibrahimovic @ Feb 4 2009, 11:48 PM)
Wow, thanks. That's REALLLLYYY helpful. I almost finish 'college'-level by tommorow before going to InvestoPedia.

My question is:-

1. What currency to trade? USA market open late so should I go swing rather than intramarket? What's the best for you.

2. What is entry order? Is is similar to Stop-Loss.

3. How to Fundamental analysis? I don't have Astro and I only got ChannelNewsAsia.
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Try demo for 1 day, it will answer 90% of your question and doubt. laugh.gif
sephiaric
post Feb 7 2009, 01:37 AM

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QUOTE(Ibrahimovic @ Feb 7 2009, 12:11 AM)
So you mean its not loss but it just selling when the price is not at its peak yet? What do you mean both way can profit. I only know that buy low, sell high not the opposite around.

I'm really sorry being a noob but after reading hell lot of article in InvestoPedia and BabyPips, I think I still way short of trading.

By the way, the EA I currently use changing from 900 profit to -40. I think I should use another EA until I figure out the real way to trade. Forex is intriguing but hard to master. Full respect to you all for trading like pros.  icon_rolleyes.gif  icon_rolleyes.gif
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Profit both way in forex means:

In Stock market, most people only make money if the stock price goes up. Example: Stock #1234 (Lyn.net) Rm1.50 shot up to Rm2.50.
That's a unrealize profit of Rm1.00 not including the commission fee to broker. This is known as BUY/ LONG in forex.

If that stock #1234 suddenly drop from Rm1.50 to Rm0.50 , you will lose money in Stock market if you sell your position. Unless you do SHORTING in stock market, which is to borrow the stock now from your broker and sell it back when the price roses back. This SHORTING is different from Shorting in Forex.

To summarize: In stock market, you profit when the stock goes up only. But in forex trading, you are make money whether the stock(Currency Pair) goes up or down. To make money if the currency pair goes up, just Long(BUY) , to make money if the currency pair goes down, just Short(SELL).

FX is more fun than stock market smile.gif



sephiaric
post Feb 12 2009, 04:42 AM

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QUOTE(rstusa @ Feb 11 2009, 02:12 PM)
My little opinion to choose forex broker for small investor with the condition of lower risk. Currently i saw the most suitable broker is IBFX. Leverage up to 1:400. And i found that other broker for example using 1:200 leverage, open 1lot margin will charge $500, while IBFX in the same case will charge only $50. In this situation, i can minimize my risk. Anyone know got any other broker better than or same like IBFX?
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try Fxpro , leverage 1:500

Its regulated smile.gif , many good rating on this broker. Using the exact same MT4 platform as IBFX

This post has been edited by sephiaric: Feb 12 2009, 04:45 AM
sephiaric
post Feb 23 2009, 06:01 PM

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QUOTE(rstusa @ Feb 23 2009, 05:15 PM)
What you guys think of this http://www.powerupcapital.com/ ? Who is this Kishore M?
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This guy Kishore M have a lot of advertisement in The Sun and TheStar newspaper. Previously he was advertising Options Trading, recently all his ads are for Forex Coaching. I think his company is based in singapore.

Do a google on Kishore M, there is a lot of negative feedback from victims that have signed up for his coaching. Better try other forex guru or gamble it yourself hehehe.

This post has been edited by sephiaric: Feb 23 2009, 06:02 PM

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