FXCM - FXCM.com

[ejiez]

hmmm... oooo macam tu kaa????????

 

[Rizal]

ape syarat utk wd?

xtaula bro..blm sempat wdraw dh kne lock

 

[piJimR]

blh withdraw ke?jgn kne mcm aku dhla.pnt2 trade last2 1sen pn x dpt

semalam baru trade, xtau la smpat wdraw ke x..hik3.
kalu leh wdraw akan ku tmpal disini..

 

[montellofx]

Macam mana nak withdrawal ni. dah ada profit 68.54 usd. Kena depo dulu ke?

SETTLED TRADES
N/N CloseDate/Time TicketN Instrument BS Lot Open Rate Open Date Close Rate Gross PL Reason
1 05/13/2010 22:41:22 17313219 EURJPY S 0.02 116.437 05/13/2010 22:07:21 116.332 $2.26 Close
2 05/14/2010 01:50:32 17314319 GBPJPY S 0.02 135.488 05/13/2010 22:52:15 135.372 $2.50 Close
3 05/14/2010 01:53:36 17319709 GBPJPY B 0.01 135.372 05/14/2010 01:52:36 135.113 ($2.79) Close
4 05/14/2010 01:55:51 17319849 EURJPY B 0.01 116.086 05/14/2010 01:54:21 116.167 $0.87 Close
5 05/14/2010 01:55:51 17319889 EURJPY B 0.01 116.066 05/14/2010 01:54:36 116.167 $1.09 Close
6 05/14/2010 01:55:51 17319909 EURJPY B 0.01 116.063 05/14/2010 01:54:47 116.167 $1.12 Close
7 05/14/2010 02:05:30 17320389 GBPJPY B 0.01 135.072 05/14/2010 02:03:13 135.197 $1.35 Close
8 05/14/2010 02:05:30 17320369 GBPJPY B 0.01 135.047 05/14/2010 02:03:00 135.19 $1.54 Close
9 05/14/2010 02:16:27 17320859 GBPJPY S 0.03 135.502 05/14/2010 02:14:33 135.434 $2.20 Close
10 05/14/2010 02:26:07 17321409 GBPJPY S 0.03 135.318 05/14/2010 02:22:27 135.161 $5.08 Close
11 05/14/2010 02:31:19 17321669 GBPJPY B 0.03 135.192 05/14/2010 02:28:16 135.277 $2.75 Close
12 05/14/2010 02:39:19 17321799 GBPJPY S 0.03 135.588 05/14/2010 02:37:04 135.512 $2.45 Close
13 05/14/2010 02:47:10 17322089 GBPJPY S 0.03 135.873 05/14/2010 02:43:12 135.825 $1.55 Close
14 05/14/2010 03:49:42 17323429 GBPJPY S 0.03 135.974 05/14/2010 03:01:16 134.878 $35.46 Close
15 05/14/2010 04:00:07 17325729 GBPJPY B 0.05 134.872 05/14/2010 03:51:59 134.929 $3.07 Close
16 05/14/2010 04:08:15 17326379 GBPJPY B 0.05 134.807 05/14/2010 04:05:44 134.822 $0.81 Close
17 05/14/2010 04:13:39 17326989 GBPJPY B 0.05 134.714 05/14/2010 04:11:41 134.848 $7.23 Close
Total $68.54

 

[FXCM-PR Rep]

Euro Slips to Lowest Level Since November 2008, British Pound Poised to Test Monthly

The Euro slipped to a low of 1.2437 during the overnight trade, which is the lowest level since November 2008, and the single-currency may face increased selling pressures going into the North American trade as investors scale back their appetite for risk.

Talking Points
• Japanese Yen: Rallies Against the Majors
• Pound: Weighed by Risk Aversion
• Euro: Extends Decline, Slips to Two-Year Low
• U.S. Dollar: Retail Sales, U. of Michigan Confidence on Tap

Meanwhile, European Central Bank President Jean-Claude Trichet said that the region needs fundamental changes that will increase the transparency of fiscal policy, and reiterated that the Governing Council’s approach for monetary policy remains credible as inflation expectations remain well anchored during an interview with the Handelsblatt newspaper.

At the same time, ECB board member Gertrude Tumpel-Gugerell said that price stability must be maintained “without compromise” as policy makers aim to encourage a sustainable recovery throughout the region, and went onto say the nations struggling to manage their public finances must make deficit reduction their top priority in an interview with Format magazine. Meanwhile, the economic docket showed consumer prices in Spain advanced to an annualized pace of 1.5% in April from 1.4% in the previous month, while the core rate of inflation unexpectedly slipped 0.1% from the previous year to mark the first contraction since 1986. As price pressures remain subdued, the Governing Council is likely to maintain a dovish bias going into the second-half of the year and may look to support the economies operating under the single-currency throughout 2010, which is likely to weigh on the exchange rate as investors scale back expectations for an ECB rate hike..

The British Pound weakened for the third day to reach a fresh weekly low of 1.4498, and the GBP/USD looks poised to test the monthly low at 1.4479 as the 20-Day SMA (1.5112) crosses below the 50-Day SMA at 1.5147. Nevertheless, the Bank of England is scheduled to release its policy meeting minutes next Wednesday at 8:30 GMT, and a shift in the central bank’s rhetoric is likely to stoke increased volatility in the exchange rate as investors weigh the outlook for future policy. BoE Governor Mervyn King maintained a dovish outlook during the central bank’s quarter inflation report released earlier this week and saw increased downside risks for the U.K. as a result of the ongoing weakness in the private-sector but, the MPC may look to drop its dovish tone as the headline reading for inflation is expected to exceed the central bank’s upper limit for third time this year.

The greenback rallied against most of the majors following the rise in risk aversion, while the USD/JPY extended the decline from the previous day and slipped to a low of 92.25 as the Japanese Yen advanced across the board. However, as retail spending in the world’s largest economy is expected to expand for the seventh consecutive month in April, the rise in private consumption could stoke a shift in risk sentiment as the economic recovery in the U.S. gathers pace. In addition, industrial outputs are forecasted to increase 0.7% during the same period after tipping 0.1% in March, while the U. of Michigan Confidence survey is projected to rebound to 73.5 in May after slipping to 72.2 in the previous month.

Will the EUR/USD Test The 2008 Lows? Join us in the Forum

Related Articles:

Risk Appetite and Volatility for Broader Markets Temporarily Dormant not Permanently Restrained

 

[FXCM-PR Rep]

Forex Weekly Trading Forecast - 05.17.10

US Dollar Climb Growing Increasingly Speculative on Risk Aversion
Euro Positioning Reaches Record Bearish Extremes – Volatility Likely
Japanese Yen Strength Favored with Prevailing Growth Concerns
British Pound to Follow Risk Trends as EU Strife Continues
Canadian Dollar: Higher Inflation to Support Speculation For Rate Hike
Australian Dollar Losses May Continue Following RBA Minutes
New Zealand Dollar Risks to Downside as S&P 500 VIX Near Highs
Gold Traders May Have to Rethink the Sovereign Risk Appeal

Read more: DailyFX - Forex Weekly Trading Forecast - 05.17.10 http://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2010-05-15-0305-Forex_Weekly_Trading_Forecast__.html#ixzz0oC7D9D00

 

[FXCM-PR Rep]

April FXCM King of the Micro Winner sees 632% Profit*

New York – May 10, 2010

With uncertainty surrounding the Greek bailout weighing down euro pairs, the fear of a hung UK parliament battering the pound, and the U.S. dollar suffering losses against the Japanese yen and New Zealand dollar, currency markets brimmed with opportunities throughout the month of April.

Traders eager to test their forex market mettle in April entered the King of the Micro Contest, a monthly competition hosted by FXCM in which traders from around the globe vie for the King of the Micro crown and its accompanying $25,000 purse. Since the inception of contest in early 2009, FXCM has given away over half a million dollars in winnings.

FXCM April 2010 King of the Micro Winners

(***Disclaimer: Although the information expressed in the following release was obtained from actual FXCM account records, gains of the magnitude described below are not typical and therefore not representative of the majority of forex traders.***)

Grand Prize: $25,000
Who: Su Baoyi (China)
Percentage Gain: 632.23 %*
How: Using technical analysis to trade across a variety of currency pairs, Baoyi saw his biggest gains in the AUD/USD and USD/JPY markets.
Personal Quote: “If you like trading forex, make it part of your life,” says Baoyi. “Engage in it with more passion. Doing something you like is a pleasure.”
Trading Record: Report / Survey

Second Place: $10,000
Who: Zhao Xu (Singapore)
Percentage Gain: 550.69%*
How: Capitalized most off of short term trades of EUR/USD, sometimes opening and closing positions within seconds to lock in profits.
Personal Quote: “Forex trading has made me a better person at work and in life.”
Trading Record: Report / Survey

Third Place: $5,000
Who: Lam Kai Lung (USA)
Percentage Gain: 473.66%*
How: Allowed trades on USD/CAD and GBP/JPY to remain open for several days, giving them time to develop and yield sizeable returns.
Personal Quote: “[Forex trading] strengthens my will, trains me to control my emotions, and improves myself as a person…. It also taught me to face the things around me and life itself with a positive attitude.”
Trading Record: Report / Survey


What is King of the Micro?

King of the Micro is a currency trading contest hosted by FXCM, which gives away cash prizes every month: $25,000 for the trader with the highest trading return, $10,000 to second, and $5,000 goes to third place. Since its inception, FXCM has awarded over $500,000 in cash prizes.

King of the Micro has given traders around the world the chance to be King. In the past, winners have come from the U.S., China, Malaysia, Canada, and the U.K, among others. It’s free to enter and no registration is needed, making it easier than ever. All you need to do is be an FXCM client with $500 in your Micro account at the beginning of each month, and you’re automatically entered. You also must make ten trades during the month to remain eligible.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.

FXCM Micro is a division of FXCM that provides new traders with access to the currency markets for as little as $25. With a small (1K) lot size, FXCM Micro provides a great way to get started in the forex market. FXCM Micro is offered for individual, self-traded accounts.

FXCM Holdings LLC Facts

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk† forex trading. Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spread as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM’s CFD product** offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

* Past performance is not necessarily indicative of future results.

† Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM standard accounts. For additional information, click here.

** Please be advised that CFD accounts are not available residents of the U.S or its territories.

Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Press Contact:
Gregory Kelly
Email: [email protected]
Phone: (646) 432-2122

 

[FXCM-PR Rep]

Euro Weakens as Germany Bans Short Selling, British Pound Extends Decline on BoE Minu

The Euro extended the previous day’s decline and slipped to a low of 1.2143 during the overnight trade as BaFin, the German regulator, banned naked short selling of European government bonds in order to temper the “exceptional volatility” in the financial markets.

Talking Points
• Japanese Yen: Benefits From Risk Aversion
• Pound: BoE Votes Unanimously in May
• Euro: Construction Rises the Most in 14-Years
• U.S. Dollar: Consumer Price Index, FOMC Minutes on Tap

At the same time, Bundesbank President Axel Weber said that “a tightening of the fiscal framework is imperative and urgently needed” while speaking to lawmakers in Berlin, and went onto say that the European rescue plan “strains the fundamental principle of the monetary union that individual countries are responsible for their own finances.”

Moreover, European Central Bank board member Juergen Stark argued that the EUR 750B bailout package will only help to “win time, but it won’t solve the fundamental problems of the individual euro-region countries” during an interview with a German television network. As investors remain skeptical of the European rescue plan, with policy makers continuing to take extraordinary steps to curtail the risks for contagion, the ongoing turmoil in the region may lead the Governing Council to maintain a loose policy stance throughout the second-half of the year as the central bank aims to balance the risks for the economies operating under the fixed-exchange rate system. Nevertheless, the economic docket showed construction outputs in the Euro-Zone increased 7.6% in March after contracting a revised 7.2% in the previous month to mark the biggest rise since March 1996, while building activity weakened at an annualize pace of 5.2% to mark the slowest pace of decline since December 2009.

The British Pound weakened against the greenback for the sixth day, with the exchange rate slipping to a low of 1.4240 in the European trade as the Bank of England maintained a relatively dovish outlook for future policy. The May meeting minutes showed the MPC voted unanimously to hold the benchmark interest rate at 0.50% and maintain the asset purchase target at GBP 200B earlier this month as “the committee’s central view remained that the substantial margin of spare capacity would continue to bear down on inflation” over the coming months. At the same time, the BoE said that “near-term inflation prospects had risen, reflecting the depreciation of sterling and higher oil prices,” and went onto say that “some members interpreted recent developments in firm’s cost and pricing behavior as potentially suggesting that the damping effects on inflation from the margin of spare capacity might be somewhat weaker” than initially expected. In addition, the governing board reiterated that “a significant fiscal consolidation” was needed going forward in order for the nation to “avoid unnecessary increases in the cost of issuing public debt,” and argued that the ballooning budget deficit has “created further uncertainty about the prospects for activity and inflation.”

The greenback rallied against most of its currency counter parts as investors scale backed their appetite for risk, while the Japanese Yen appreciated across the board, with the USD/JPY slipping below the 200-Day SMA (91.18) to a fresh weekly low of 91.09. However, the dollar is likely to face increased volatility going into the North American session as consumer prices in the world’s largest economy is forecasted to expand at an annualized pace of 2.4% in April, while the FOMC is scheduled to release its April meeting minutes later today at 18:00 GMT. The central bank is likely to maintain a dovish policy stance as the deterioration in the labor market paired with tightening credit conditions continue to weigh on the recovery, but a shift in the Fed’s economic assessment could stoke a sharp move in the exchange rate as investors mull over the outlook for future policy.

Do You Expect a Corrective Retracement in the EUR/USD? Join us in the Forum

Related Articles:

Forex Weekly Trading Forecast - 05.17.10

To discuss this report contact David Song, Currency Analyst: [email protected]

 

[sikat84]

camne nk naikkn saiz lot ye.skng ni max 10usd/pip je.kene tuka acc gold ke?

 

[FXCM-PR Rep]

SSI Weekly Overview

SSI WEEKLY OVERVIEW

The SSI is reported Every Thursday at DailyFX.com and twice every trading day inside DailyFX PLUS.
In 2006 and 2007, the SSI signalled a EUR/USD rally from 1.26 until signalling a reversal near 1.60.
Find out more in the DailyFX Forum.

Euro Forecast to Fall Further against US Dollar

EURUSD – Aggressive Euro declines have been met with similarly aggressive forex crowd buying, giving one of our sentiment-based trading strategies signal to go short the EURUSD through recent trade. The ratio of long to short positions in the EURUSD stands at 1.45 as nearly 59% of traders are long. Yesterday, the ratio was at 1.49 as 60% of open positions were long. In detail, long positions are 0.4% lower than yesterday and 8.0% stronger since last week. Short positions are 2.6% higher than yesterday and 1.3% weaker since last week. Open interest is 0.8% stronger than yesterday and 10.8% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD losses.

British Pound Outlook Remains Strongly Bearish

GBPUSD – The ratio of long to short positions in the GBPUSD stands at 1.69 as nearly 63% of traders are long. Yesterday, the ratio was at 1.31 as 57% of open positions were long. In detail, long positions are 13.7% higher than yesterday and 7.3% stronger since last week. Short positions are 12.0% lower than yesterday and 8.7% stronger since last week. Open interest is 2.6% stronger than yesterday and 13.6% below its monthly average. The SSI is a contrarian indicator, and two of our sentiment-based trading strategies have accordingly taken a short position.

Japanese Yen Forecast to Rally Against US Dollar

USDJPY – The ratio of long to short positions in the USDJPY stands at 1.82 as nearly 65% of traders are long. Yesterday, the ratio was at 1.53 as 61% of open positions were long. In detail, long positions are 5.7% higher than yesterday and 13.7% weaker since last week. Short positions are 10.9% lower than yesterday and 63.5% stronger since last week. Open interest is 0.8% weaker than yesterday and 22.0% below its monthly average. The SSI is a contrarian indicator, and two of our SSI-based systems are currently short the USDJPY.

Swiss Franc Short-term Bias Turns Bearish

USDCHF – The ratio of long to short positions in the USDCHF stands at -1.07 as nearly 52% of traders are short. Yesterday, the ratio was at -1.29 as 56% of open positions were short. In detail, long positions are 0.7% lower than yesterday and 3.5% stronger since last week. Short positions are 17.7% lower than yesterday and 6.0% weaker since last week. Open interest is 10.3% weaker than yesterday and 27.5% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF gains.

Canadian Dollar Outlook Calls for Gains

USDCAD – The ratio of long to short positions in the USDCAD stands at 2.09 as nearly 68% of traders are long. Yesterday, the ratio was at 1.76 as 64% of open positions were long. In detail, long positions are 2.2% higher than yesterday and 43.5% stronger since last week. Short positions are 13.6% lower than yesterday and 22.4% weaker since last week. Open interest is 3.5% weaker than yesterday and 20.1% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses. Three of our SSI-based trading systems have accordingly gone short the USDCAD.

British Pound Forecast Bearish versus Japanese Yen

GBPJPY – The ratio of long to short positions in the GBPJPY stands at 1.58 as nearly 61% of traders are long. Yesterday, the ratio was at 1.37 as 58% of open positions were long. In detail, long positions are 6.8% higher than yesterday and 5.6% stronger since last week. Short positions are 7.5% lower than yesterday and 28.5% stronger since last week. Open interest is 0.8% stronger than yesterday and 14.0% below its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses; two of our SSI-based trading systems are currently short the currency pair.


Euro Forecast to Lose Further Against US Dollar

Impressive Euro declines and US Dollar rallies have been met with aggressive forex crowd buying and selling, giving us strong contrarian signal to sell into EURUSD declines. Much the same can be said for other US Dollar based pairs; our sentiment-based trading systems are mostly long the USD against the Euro, British Pound, Australian Dollar, and New Zealand Dollar. A noteworthy exception is the Japanese Yen, and indeed several of our SSI-based trading strategies have bought into recent JPY advances against the USD and British Pound. Current sentiment extremes suggest short-term trends will continue and give us a decidedly bearish outlook for the Euro and British Pound.