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Forex Junction

ok good, currently i areadi have kisone, mariam, clarence (options), T3B & som dunnoe what knights trader something material areadi. some ok some crap. however soon i will have grace's one when my fren pass his copy to me. lol

 

anyway, so have u bought her package yet, mani?

i am still waiting for u to buy Trade Secret Package leh. u recommend to us. we buy areadi and so have u?

 

 

I support Grace all the way...

Because I believe she lives, breathes and sleeps Forex...

That's the way it should be if one is to have real passion for something!!!...  

 

hears abt her, dun noe good or not but i m sure one of my fren will have her materials. will check and let u guys noe. i support Spore products and services. I buy creative and local products as much as i can. lol

 

This article, 'lifted' from Grace's blog, is an excellent piece on the psychological aspects of trading...

Click Here To Read The Article...

 

You can also get Grace Cheng's book, (one of my own favourites) ...


 (Click on the picture above to see the book's full contents)...

 

thus i only suggested these belows which i know, i have and knows to be workable(either recommended by myself or my frens).

i dun suggest ebooks which i dun have, dun find it good, or suggest it just for the sake of other reasons or sales.

ALSO i dun talk the walk, i walk it and tell you. 


There is no need to purchase all the ebooks recommended below, take a look at all of them and purchase 1 which u find comfortable and suit it the best. Remember get a system that suit you. not just a system that claims it produce "huge" returns , what suit that man may not suit you. thus i recommended 6 ebooks below to try customise to different styles.

 

for me, i would  suggest u open a demo account with interbankfx as its demo has no time limit.

open a live trading acct with saxo bank as it is a real belgium bank, not just a broker aka money maker like most other online brokers. also it have trading office HQ in spore. also it allows sing dollar account.

also saxo more flexible where it allows trade order of 1.1, 1.2, 1.3 etc standard lot where others just allows orders in 1, 2 , 3 standard lots.  

1.1 standard lots means 11 mini lots , 1.2 std lot means 12 mini lots.

 

customer service is of no concern to me as i find stability and best rates as more important thus i didnt check them.

as for training, i think none of the online brokers has real good one for free. do post here if u find one.

thus i only suggested these belows which i know, i have and knows to be workable.

i dun suggest ebooks which i dun have, dun find it good, or suggest it just for the sake of other reasons or sales.

) Expert Forex System

2)Forex Profit System

3)The Blade Forex Strategies

4)Forex Profits Book & Video Program

5)Dynamite Tnt Forex System (Local teacher. This one earn my fren the least commission but i prefer this one and i am training on this one now)

6)Earn Up To $200 Per Sale - Forex Trend System 

 

 

 

Hi , not having started on FX, but very keen to learn .

Those expert out there.. pls advise,.. what would be a great way to start ? - opening an account with Saxo  - or - IGmarket - or - interbankFX.

Which of these has the highest level of customer service ? online training and TA tools ?

Thanks for your help, Merry Christmas to all,

 

(Click On the picture to see)

 

"Birdwatching In Lion Country" by DrForex (click to see)

 

Hi August... :)

The closing date for Grace's course (ie. to receive a copy of her bonus book) is today. But the course fee of US$699 may be a bit high for someone new.

It appears to be a fully online course with email support. So I suppose you will receive instructions on how to download or view the course materials once you have made payment.

I am very impressed by Grace's work and philosophy and her personal manifestation of the will to succeed in her chosen field bears testimony to the undying human spirit to attain a goal.

Also, she has undisputedly done the whole sorority proud by her good achievements...

 

Hi,

can somebody recommend what course should I take to start up on Forex trading ?  I tried looking at GraceCheng webpage, but am not able to locate the time/date of the trading. Who else could you recommend beside Grace ?

Thanks

 

Does Saxo have something called "If Done" such as depicted in this video (click)?

 

of coz u can raise ur s/l everyday, i raise my s/l whenever the pair move certain pips in the correct direction.

 

Thanks... Can I keep a position then raise my s/l everyday?...

 

mani, if u really want to go full time trading, would suggest u try forex on top of ur stocks. as u can see stocks is slower moving thus usually the position u hold can be few days or weeks. forex usually position is closed within a day or two.

forex is more or less like stocks but abit different in strategies and system. to me, it is like stock market but just that it is faster moving hence those who want to trade eod dun really suitable in forex unless got deep pocket to go for position trading where positions are kept open for weeks.

 

Pip, pip... Hurray !...

Wow.. thanks for all the help by all the very friendly forummers here (and especially to Cashier for starting this thread).

This Forex world is really something very suitable for experienced stock traders ...

 

yes, usually dun do intraday,  i lazy to close it manually thus usually i just let the trade trigger my s/l, instead of closing manually as i dun monitor the trade intraday, after all, i think i will be paid rollover interest instead of me paying for shorting gbpusd.

nevertheless, this trade i open with just 1/2 the size i usually trade, will add lots when it breaks the support.

set s/l to take at least 25 pips profit even if gbpusd reverse and goes up. my personally thinking is that this pair can short for some more days or even a week or two, as gbp seem bearish, likely will break the support at 1.9809. when it breaks, i will average down (buy more short) as there isnt any major support for gbpusd till 1.9700 -1.9600 (there will be small swings along the way down)

interesting strategy on taking more pips on short. i learn something new today. thanks techsys.

 

Wow Cashier Tan,

you trade forex crossing day? I usually close my trade within hours, with pips spread from 10 - 40,  depend on condition of daily chart.  Higher the position, I will take lesser pips on long, but bigger pips on short. 

 

 

current opened position - short gbpusd, open short on friday @ 1..9873. TP: 1.9705 but may take profit at 1.9756 if momentum not enough.