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techsys      ( Date: 14-Dec-2007 10:55) Posted: Hi August, I'm forex trader too.  I'm using saxobank.  Only TA purist can play safe in FX.  Not sugested for newbie .. since it's very volatile ..

 

Just registered with Saxo capital. The trading platform is impressive and FREE. Can trade multiple instruments including FX in there.

 

Hi all,

You may wanna check out the forex course by Wealth DNA in Singapore. Training is conducted by both a local lecturer Benny Neo, and by Chris Lori, a professional Commodities Trading Advisor from U.S. Drop me an email if you're interested. cwquah@yahoo.co.uk.

I strongly advise getting a solid foundation in TA before touching forex. Some understanding of FA is also required (interest rate news, CPI, PPI in other major economies) are required, otherwise the volatility can kill new players very fast.

In forex we talk about movements in terms of pips (akin to the no. of bids in S'pore stocks). Each pip abt 10USD but it depends on currency pair being traded (EUR/USD, USD/JPY etc).

Saxo Capital is an interesting place to start, as it allows SGD holding rather than USD holding account for trading. With the way USD depreciates I'd not try to hold much of USD anyway.

 

 

 

Thanks,

is the TA for FA similar to those TA reading for stocks ? Does Saxobank provides these TA charts ? 

Techsys... does Saxobank provides the lowest bid/buy compared with the others ? Thanks.. am bored with STI..trying to cast my net wider elsewhere..

 

Thanks,..will not play until I am ready..that is for sure, Cheers,

 

Hi August,

I'm forex trader too.  I'm using saxobank.  Only TA purist can play safe in FX.  Not sugested for newbie .. since it's very volatile ..

 

august

i think you can read post from cashiertan, 

cashiertan Elite	Posted: 14-Dec-2007 10:10
x 0 x 0 * Alert Admin	edit: in forex, u can long or short anytime. bull or bears only exist in the stock markets. forex is forever neutral, even if the stocks market is having recession now. forex will never be in recession. dun believe? try it or check it out urself.
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cashiertan Elite	Posted: 14-Dec-2007 10:08
x 0 x 0 * Alert Admin	aiyah, whatever postings or views. the best is still Singgal. she never have to worried of the markets coz she has a simple and effective trading system which keep her out of the bad markets. i have yet to read her feeling vexed or anything excpet that the market is low volume. lol come join me in forex, where there is not such problem with bull or bear market conditions, volume or short problems. in forex u can long or short anytime. bull or bears only exist in the stock markets. forex is forever neutral. even if the stocks market is recession now also the same for forex. dun believe? try it or check it out urself.

 

 

Hi,

does any of you have any experience with speculating with Foreign Exchange ? And if so, which broker would you recommend ?

I am gettiing interested in the above after seeing how the price changes in  seconds ; profit can be made and lost pretty quickly ; so need to get some education first. Any folks out there has a hand in this and any success stories to share ?

Thanks,