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PMT Forum's MOST POPULAR Discussion Boards => Forex Trading and Investing => Topic started by: karissa on Dec 08, 2009, 11:02 AM

Title: Filipino forex traders, converge here!
Post by: karissa on Dec 08, 2009, 11:02 AM
Hi,

It's cool to find a pinoy forex forum.  I have been trading for the past two years in the U.S. and currently, visiting the Phils.  It is great to trade in the Phils.  because of the time zone.  I trade the euro/jpy and gbp/usd.
Title: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 10, 2009, 03:47 PM
karissa,
oo masarap mag-trade dito saPinas. gising na gising tayo bago mag open ang Europe hanggang makapagbukas ang US market  :D
Title: Filipino forex traders, converge here!
Post by: tutoy on Dec 10, 2009, 05:04 PM

karissa,
oo masarap mag-trade dito saPinas. gising na gising tayo bago mag open ang Europe hanggang makapagbukas ang US market  :D


I agree!...kaya pwede maging forex traders destination ang Pilipinas.
Title: Filipino forex traders, converge here!
Post by: beast_master on Dec 10, 2009, 05:11 PM
^ at ang maganda pa no taxes baby!!  :rakenrol: :oops: :gagged:
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 11:39 AM
Hi everyone, I'm just new to this and I'd like to ask people here a question.

I've been approached to be a part of a Forex trading team thats being established here. I'm not being asked to put out any money, only attend a 1 week training program (where transpo and food will be reimbursed) and a four month evaluation based on my performance with a dummy account (this evaluation period also has a minimal salary). If I pass the evaluation, only then will I be given a real money account with company money to trade. All this can be done through telecommute, as they can log into my account to check on the progress of my trades.

Their system involves generally positive results but only with small profits per trade. We're going to be asked to do about 20-40 trades per day initially with a 2.5 - 1 spread. Once I start with a live money account, the salary increases and then there's a 5% commission, plus some bonuses if I perform well. The broker they are using is  WAL Capital.

It's a sort of offshoring arrangement, as the main office (which is, as I understand, a newly emerging company) is in the States, so it's separate from the local Forex here. The company is myforexplanet, by the way.

Can anybody tell me if this particular operation is legit or worth the time and effort, or is just a scam? Again, I will never put out any money at any stage of the whole process. Thank you very much!
Title: Filipino forex traders, converge here!
Post by: beast_master on Dec 15, 2009, 12:25 PM
sounds like the other pioneering souls who put up same system the past few years. Unfortunately they are nowhere to be found now.

Anyway, since you don't have your own money on the line, what is your liability once you experience a string of losses? and besides you are trained for a week and a 4month demo and they think that's enough? Geez. If I didn't know better I would have thought it's alright. But this market has a reputation of skinning newcomers alive.
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 01:58 PM
^Thank you for your reply. That's why there's the dummy account so that they can evaluate how you trade. They are teaching us techniques like buying at resistances and selling at supports, and only three trades max at a time are allowed. They are also teaching us hedging.
Title: Filipino forex traders, converge here!
Post by: tops5450 on Dec 15, 2009, 02:46 PM

^Thank you for your reply. That's why there's the dummy account so that they can evaluate how you trade. They are teaching us techniques like buying at resistances and selling at supports, and only three trades max at a time are allowed. They are also teaching us hedging.


If what you said is true, then go for it :cool2:

Be wary that anything that sounds to good to be true is otherwise :watchuthink:
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 03:03 PM

If what you said is true, then go for it :cool2:

Be wary that anything that sounds to good to be true is otherwise :watchuthink:


Thank you for your reply sir. Yes, these are really the techniques they are teaching us. I've seen people already doing the dummy monitored accounts and they can really only go as far as three trades at a time max, either two buys one sell, or vice versa. We are also not allowed to trade more than 5% of the equity or during Bollinger squeezes and NEWS events.

At this point, I don't feel that this is one of those too good to be true things, as I will not be putting out any money, and you really have to make it in the evaluation to qualify for a real money account. Plus, 5% commission is relatively small, isn't it? And with the limit of the equity we can use, the profit is small. Also, they're not rushing me to get a monitored account, as I indicated that I'd like to try out the unmonitored dummy for about a month or two before I commit to the monitored dummy.

Although I would appreciate it if people posted what could be wrong with this type of set-up, as I really want to know if this could be some sort of scam. I did research online about forex scams, but this doesn't seem to fit any of them. But still, there might be other scams people like me am not aware about.

Again, thank you all for your answers!
Title: Filipino forex traders, converge here!
Post by: beast_master on Dec 15, 2009, 03:19 PM
well, I have nothing against the methods.  It's the same ones we are using.  The problem (or future problem) lies on the trader's accountability.  If the trader doesn't have any money at stake, they tend to trade just to make trades. If they make losses they won't care because it doesn't hurt the trader's wallet  at all.
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 03:42 PM
well, I have nothing against the methods. It's the same ones we are using. The problem (or future problem) lies on the trader's accountability. If the trader doesn't have any money at stake, they tend to trade just to make trades. If they make losses they won't care because it doesn't hurt the trader's wallet at all.

So you feel sir, that this isn't some kind of scam?

As for the accountability, that's part what the monitored dummy account is for, so that they can see if we're sticking to the three trade rule and placing the right trades to we minimize having to hedge or having to wait for a trade to reach the TP limit (which is +3, btw).

Thank you for the reply sir!
Title: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 15, 2009, 04:18 PM

...
As for the accountability, that's part what the monitored dummy account is for...

bukod sa Bollinger squeeze, ano pa ginagamit/tinuturo, can u share?  :D
hopefully u are really curious & not an agent for that company....
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 04:36 PM
^Nope not an agent. wouldn't have mentioned the word "scam" if I was. :D

So far, the stuff I've posted are the things they've covered in the lectures. I really just want to know if there are forex scams that don't necessarily require traders to put out money.
Title: Filipino forex traders, converge here!
Post by: beast_master on Dec 15, 2009, 04:51 PM



So you feel sir, that this isn't some kind of scam?



Geez, I don't know.  I don't know how these guys operate.  DO they accept deposits by themselves?  Do they promise fixed return? Who's the broker? from where?  Who clears your trades? etc.etc.  It's not easy to smell some fish. :hihi:
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 15, 2009, 05:27 PM


Geez, I don't know. I don't know how these guys operate. DO they accept deposits by themselves? Do they promise fixed return? Who's the broker? from where? Who clears your trades? etc.etc. It's not easy to smell some fish. :hihi:

Any tips sir, on when my alarms should go off?

Fixed return? I don't think so. One of the things they told me from the very start is that it's impossible to get a fixed return, much less be risk-free because the market is really unpredictable. Their broker is Wal Capital.
Title: Filipino forex traders, converge here!
Post by: Prospera on Dec 19, 2009, 10:06 AM
Hi, iamstorm. :hello:

One question: Do they expect you to solicit for accounts to trade? I think that's when things begin to be problematic--when people who are new to trading and have yet to earn their spurs, so to speak, are "pressured" to persuade friends, relatives, etc to open a managed account with the company.

But if it's a proprietary firm (where traders use the company's capital), it's a different story. I'd say go for it! I've in fact been looking around for the longest time for something like that here in the country as I'd like to be a prop trader in currencies, and the only prop firms  I know of hereabouts only trade in equities.

Get back to us when you learn more about the way the company does business, won't you? From the way you describe it, I think it's worth a look-see, at least.

Good luck!
Title: Filipino forex traders, converge here!
Post by: moneybrainz on Dec 20, 2009, 02:22 PM
@iamstorm.... Sir how did you apply for the forex training class?? Im interested to join if walang fees or any payments for the training..you msg me at johnbarlow888@gmail.com..thanks in advance..
Title: Filipino forex traders, converge here!
Post by: mylouiebiz on Dec 20, 2009, 03:32 PM
Good day to everybody im a newbie and i wanna learn forex trading.. please give me some tips.. do i need to register for a prctice account and where i can find a good broker.. thank you..
Title: Filipino forex traders, converge here!
Post by: iamstorm on Dec 21, 2009, 08:55 AM

Hi, iamstorm. :hello:

One question: Do they expect you to solicit for accounts to trade? I think that's when things begin to be problematic--when people who are new to trading and have yet to earn their spurs, so to speak, are "pressured" to persuade friends, relatives, etc to open a managed account with the company.

But if it's a proprietary firm (where traders use the company's capital), it's a different story. I'd say go for it! I've in fact been looking around for the longest time for something like that here in the country as I'd like to be a prop trader in currencies, and the only prop firms  I know of hereabouts only trade in equities.

Get back to us when you learn more about the way the company does business, won't you? From the way you describe it, I think it's worth a look-see, at least.

Good luck!


Hi there, no, no pressure at all to solicit accounts or clients. We're going to be using company capital when we get to trade real money.

@moneybrainz: try looking for the job ad in 88db, I forgot the email address you're supposed to send your resume to. The company is myforexplanet. I didn't pay anything for the classes, but I don't think there's any certification, although I think the company does provide training for Forex, so best you inquire with them directly.
Title: Filipino forex traders, converge here!
Post by: roiju on Jan 26, 2010, 06:15 AM
wow..
Title: Filipino forex traders, converge here!
Post by: pinky21 on Jan 31, 2010, 04:08 PM
hey sana makilala ko kayu inpers0n uhm at minsan lang ako mag internet kaya kung gusto ny0 pag usapan natin ang pse. investing eto number ko 09071683086 yan txt txt tayo about sa pse. sana mag karoon tayu ng grupo grupo ng mga investor ahehehe cge take care and g0dbless.....!.!.!
Title: Filipino forex traders, converge here!
Post by: engrkyle on Feb 11, 2010, 08:28 AM

hey sana makilala ko kayu inpers0n uhm at minsan lang ako mag internet kaya kung gusto ny0 pag usapan natin ang pse. investing eto number ko 09071683086 yan txt txt tayo about sa pse. sana mag karoon tayu ng grupo grupo ng mga investor ahehehe cge take care and g0dbless.....!.!.!
that's is a great idea we can share news and possibly our business too  :cool2:
Title: Filipino forex traders, converge here!
Post by: FoRexScalper on Feb 11, 2010, 04:46 PM
I'm into Forex trading also. If you would like to learn more about my trading style / plan, send me a message. Planning to form a group who would like to trade EUR/USD.
Title: Filipino forex traders, converge here!
Post by: jmv808 on Feb 14, 2010, 04:31 PM

I'm into Forex trading also. If you would like to learn more about my trading style / plan, send me a message. Planning to form a group who would like to trade EUR/USD.


I want to know your style. Actually I am still studying forex, no real trading yet.. but I am looking at EUR/USD to be my main currency pair to trade. How will we start?
Title: Filipino forex traders, converge here!
Post by: FoRexScalper on Feb 14, 2010, 07:30 PM

I want to know your style. Actually I am still studying forex, no real trading yet.. but I am looking at EUR/USD to be my main currency pair to trade. How will we start?


Thats great. EUR/USD is a good place to start forex trading. Sir moneybrainz, Sir engrkyle and I had an impromptu EB last friday to discuss and share experiences about trading, maybe you could join us next time around. pm me your contact details so I could inform you in advance.
Title: Filipino forex traders, converge here!
Post by: engrkyle on Feb 15, 2010, 11:11 AM



Thats great. EUR/USD is a good place to start forex trading. Sir moneybrainz, Sir engrkyle and I had an impromptu EB last friday to discuss and share experiences about trading, maybe you could join us next time around. pm me your contact details so I could inform you in advance.


It was a great meeting .. and i'm very exited to explore other brokers ...
Title: Filipino forex traders, converge here!
Post by: moneybrainz on Feb 16, 2010, 11:27 AM
@FoRexScalper  thanks for giving me and engr kyle some info about the forex brokerage that you are promoting..I hope that we can be included in the next batch of trainees..

 @ engrkyle the link that you emailed me is good and I downloaded the Ichimoku manual from that site..anyway im going to read up more of this ichimoku and then I will msg you once I have prepared some questions...thanks !!

Title: Filipino forex traders, converge here!
Post by: FoRexScalper on Feb 16, 2010, 11:34 AM

@FoRexScalper  thanks for giving me and engr kyle some info about the forex brokerage that you are promoting..I hope that we can be included in the next batch of trainees..


It was a pleasure sir. Will let you know as soon as the next training batch begins.
Title: Filipino forex traders, converge here!
Post by: ferrariEverest on Feb 16, 2010, 04:20 PM

......hello ako po pala si angelo gusto ko lang po mag tan0ng kung pano mag invest sa phillipine stock exchange newbie lang po ako eto po number ko kung sino po gusto tumulong saken 09071683086 uhm........ kapag nag invest kaba sa PSX pede po ba matalo yung ininvest ko nun.......................................................please comment naman po kayo thank u............??????????!!!!!!!!!!!...........

Greetings!
please, wag po kayo atat, konti lang tao dito e.
nasa forex forum po kayo.
dito po ang discussion about PSE:
http://www.pinoymoneytalk.com/forum/index.php?board=205.0

to answer your question, pwede po matalo lahat ng investment nyo. d po garantisado ang panalo o kita sa trading, stocks or whatever, specially pag d po pinagaralan ang pag-iinvest..
kelan kayo nag invest? in my opinion, bearish po ang stocks ngayon.
Good luck!
Title: Filipino forex traders, converge here!
Post by: pinky21 on Feb 18, 2010, 11:11 AM
elow??? newbie here
Title: Filipino forex traders, converge here!
Post by: ferrariEverest on Feb 18, 2010, 07:41 PM
reluma, pinky21,
Welcome!  :hello:



pinky21,
basahin mo yung mga threads dito.
sundin mo yung mga suggestions...
pag may tanong ka, tanong ka lang dito. (be patient lang, bihira lang kasi may active posters dito)
if u are interested, magmember ka rin dun sa forexfactory.com. may pinoy rin dun, pero mas konti nga lang. yung ibang members dito, gaya ko, member din dun (mas active ako dun by the way). mas marami experienced traders dun, so pwede ka rin magtanong dun
Title: Filipino forex traders, converge here!
Post by: faith1013cedy on Apr 17, 2010, 08:08 AM
hi guys!!

mdunleavy
question here ano pong tawag dyan sa chart na maraming x and o's
thank you!!!
Posted on: April 17, 2010, 07:54:27
and another question here,
im planning on opening my first live account next month,i just want know how much should i put......... :scratch:
im planning to trade 3 to 5 lots(10000 each) a day(daytrading sana ang style)magkano kaya?mga 1000 dollars ba pwede na?
 :scratch:
Title: Filipino forex traders, converge here!
Post by: Lightwind_99 on Jun 10, 2010, 10:24 PM
Lightwind is back in the house  :hihi:

howz everybody doing?  :D
Title: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 13, 2010, 07:03 PM
Sir Lightwind_99,
kamusta na.. busy sa trading/other business?

mejo tahimik parin dito :D
Title: Filipino forex traders, converge here!
Post by: faith1013cedy on Jun 14, 2010, 06:13 AM
hi guyskamusta na kayong lahat?parang natahimik ata lahat ng traders dto?question lng oh
saan ba makakakuha ng reliable na fundamental news?
thanks!
Title: Filipino forex traders, converge here!
Post by: ija on Jun 17, 2010, 08:21 PM
mga sir question lang po, meron po ba kaung mga free ebook about forex from beginner to advance pwede po makidownload? kung pwede lang po tnx!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Aug 02, 2010, 01:00 PM
ija,
mas ok na mag aral ka sa babypips &/or forexfactory.com :rakenrol:
sa pagkakaalam ko, wala talagang kumpleto na pdf na tungkol sa beginner to advanced
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Aug 02, 2010, 08:43 PM
Muzta mga ka pips :hello:

almost 5 mos na in real trading still not recovering sa capital :cry:
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Aug 03, 2010, 11:37 AM

Muzta mga ka pips :hello:

almost 5 mos na in real trading still not recovering sa capital :cry:

Sir tops,
treat it as a business.
some businesses take years bago makabawi. it's no different sa trading
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Aug 03, 2010, 07:55 PM


Sir tops,
treat it as a business.
some businesses take years bago makabawi. it's no different sa trading

 :thankyou: bossing.  Mukhang madami pang kakaining bigas :hihi:
Title: Re: Filipino forex traders, converge here!
Post by: highriser015 on Aug 04, 2010, 10:56 AM
kelan kaya ang susunod na meet up ng mga pinoy forex traders , balitaan nyo po kami ha  para naman makapunta kami :D
Title: Re: Filipino forex traders, converge here!
Post by: moneybrainz on Aug 05, 2010, 11:38 AM

Muzta mga ka pips :hello:

almost 5 mos na in real trading still not recovering sa capital :cry:
If you are losing trades the  best thing now is temporarily stop your live trading for  a while ..and just practice demo trading until you are really familiar with your strategy..then hopefully once you get back with live trading you will be better prepared..just my 2 pips..

Title: Re: Filipino forex traders, converge here!
Post by: IMAPIP on Sep 09, 2010, 08:30 PM
If you would like to learn FOREX trading contact me at imapip8@gmail.com.  You have nothing to lose and everything to gain if you ask.  Have a nice evening everyone!
Title: Re: Filipino forex traders, converge here!
Post by: flexitrader888 on Sep 10, 2010, 07:57 PM
Hi just wanted to introduce myself and say hello to the fellow traders, been trading financial instruments online for awhile. It does have its ups and downs and you have to be a strong and level headed person to be able to cope up with it.  I run my own little forex and b. options trading blog http://tradingfootsteps.blogspot.com. Fee free to drop by and say hello :)
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Sep 12, 2010, 08:10 AM
Wow, ang dami na rin palang Pinoy na forex traders.

Ilan kaya sa atin ang nanalo na ng consistently?  I mean, yung ginagawa itong MAIN source of income?


 :hello:
Title: Re: Filipino forex traders, converge here!
Post by: sirwilliam on Sep 18, 2010, 11:28 PM
wag ka na mahiya sir ping.. share your secrets nman... hahaha
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Sep 20, 2010, 12:15 AM
asan na mga pinoy traders :scratch:

mukhang talunan na ata tayo :hihi:
Title: Re: Filipino forex traders, converge here!
Post by: mylouiebiz on Sep 20, 2010, 08:08 PM
Mahirap nga manalo sa forex hirap mag analyze  i tried a live account napapansin ko lang everytime na open ako position madalas and trade ko against the trend. I need to study more going back to babypips university. Meron ako nakita link for forex robot my virus lang yong keygen pero pede gamitin 3 times. Send me PM na lang pag nakuha nyo activation code.

http://rapidshare.com/files/245799596/Forex_Killer_v3.rar
Pwd; IPHONE

Title: Re: Filipino forex traders, converge here!
Post by: piameg on Sep 21, 2010, 10:49 AM
@ping, meron akong kilala na taga pmt na main source of income na nya yang forex at dyan yumaman, tahimik lang sya kasi busy na sya sa mga biz na naipundar from mga kita nya sa forex hehehe :) mahirap daw gawing sideline ang forex if yan talaga gusto mong main source of income eh magkukulong ka talaga sa kwarto at yan lang ang gagawin mo ng ilang taon. Di pang sideline ang forex kung gusto mo talaga kumita dyan...pwede mo na syang maging sideline pag nasa expert level ka na tulad ng ginagawa nya para pwede na maging sideline. Eh super busy pa sya kaya di pa ako natuturuan pero sana soon pag may time na sya.
Title: Re: Filipino forex traders, converge here!
Post by: flexitrader888 on Sep 21, 2010, 04:02 PM
I guess in my opinion, pwede naman siguro ma sideline yan if you practice money management and you trade in a bigger timeframe so you dont have to check every minute of every day. I have wins and I have losses, the important thing is to keep your win ratios bigger than your loss ratios. Even a system that is religiously followed to the letter and has only a 55% win ration can still make profit. A stable backtested system followed with discipline, Money management, risk/reward analysis and detachment/patience is the common factor of the most successful forex traders in the world.
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Sep 21, 2010, 04:42 PM
Long before i traded every day in a particular hour after work. I made some and I loose plenty. :hihi: Always keeping trying hard to learn the ropes of the trade. Mind you guys,  its too stressful for a daily trader wannabe much more so I got a job to keep as well. It cost me sleepless nights, uneasy feelings and anxiety in the process :fight1:

But I won't give a hell of a fight :boxing:  

For now the turbulence in trading died down and steady recovering slowly. If you ask me if I find the holy grail. Hell no. We just need to keep evolving and continuously learning. :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Sep 22, 2010, 08:27 AM
@piameg, pakilala mo naman kami sa friend mo ...


 :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: forexnewbie on Nov 15, 2010, 04:55 PM
marami din palang interested sa forex na mga pinoy tulad ko
I trade palang in demo account to improve my strategy
may nakikita din ako sa internet na mga expert pinoy trader sa forex

here is my demo account performance

(http://i1083.photobucket.com/albums/j396/pinoytrader1/demoperformance2.jpg)

(http://i1083.photobucket.com/albums/j396/pinoytrader1/demoperformance3.jpg)

https://www.myfxbook.com/portfolio/anthony/63399

malapit na rin ako mag open ng real account pag maganda ang performance ng demo account ko this november..
I'll update my demo account performance here
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Nov 15, 2010, 05:08 PM
Welcome bro sa forex and goodluck ;)
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Nov 17, 2010, 11:56 PM
Hello guys,

I am new to live forex trading but I have already trading from my Demo account for quite sometime.I am OFW here in middle east so sakop lahat ang oras ng London at NY trading time.I just open my live account with OANDA and so far so good.happy pipping everyone.
Title: Re: Filipino forex traders, converge here!
Post by: boki on Dec 08, 2010, 03:02 PM
Mahirap nga manalo sa forex hirap mag analyze  i tried a live account napapansin ko lang everytime na open ako position madalas and trade ko against the trend. I need to study more going back to babypips university. Meron ako nakita link for forex robot my virus lang yong keygen pero pede gamitin 3 times. Send me PM na lang pag nakuha nyo activation code.

http://rapidshare.com/files/245799596/Forex_Killer_v3.rar
Pwd; IPHONE

nakapag download ako sir ng clean copy, of course, keygen.exe can be considered as virus due to alteration scheme dun sa application....

Forex Killer 4.12

http://www.mediafire.com/?wf9r4vvc6u8v86p (personal upload)

Ngayun palang ako nag enrol sa babypips.... God bless
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Dec 08, 2010, 03:55 PM
advice ko sa mga newbie sa forex. sa una pa lang start to learn using MT4 kasi mas versatile ang pag analyze ng trading dun with your custom indicators. and Furthermore learn from your wrong trades, develop a habit of gauging your risks and reward ratio, learn when to stop and close your trades and lastly keep on developing that innate skill to control your emotions. good luck
Title: Re: Filipino forex traders, converge here!
Post by: piameg on Dec 08, 2010, 08:35 PM
@ping, kilala mo na ang friend ko heheh :) sana may eb tayo mga forex traders though newbie pa lang ako at di pa forex trader, pag aaralan ko pa lang, hehe until now pag-aaralan pa rin kasi di maharap harap pa.
Title: Re: Filipino forex traders, converge here!
Post by: tradeventure on Dec 09, 2010, 07:46 AM
i trade only part time mostly indexes but it's very volatile and most follow the US lead. forex is ok coz it's on 24 hrs a day and not highly volatile. i can trade anywhere as long as there is internet connection using my broker's platform.  they charge no commission,. it's based overseas though but they have a few branches in Asia. you only need to open an account with them and the trading software can be downloaded to your pc or laptop.
Title: Re: Filipino forex traders, converge here!
Post by: noypips on Dec 10, 2010, 02:54 PM
hi everyone! hi piameg, sali ako sa eb...open din place namin dito sa makati, pwede tayo mag tagiisa ng computer dito to talk about forex, we can trade Ideas related to forex, to avoid scam also, winning signal and combinations of indicators, technical and fundamentals. all related to forex market. you can send email to me at noypiptrader@yamil.com, or text or call 09158822925, Thanks...
Title: Re: Filipino forex traders, converge here!
Post by: forexnewbie on Dec 10, 2010, 05:25 PM
hi everyone! hi piameg, sali ako sa eb...open din place namin dito sa makati, pwede tayo mag tagiisa ng computer dito to talk about forex, we can trade Ideas related to forex, to avoid scam also, winning signal and combinations of indicators, technical and fundamentals. all related to forex market. you can send email to me at noypiptrader@yamil.com, or text or call 09158822925, Thanks...

maganda ngang magkaroon ng pinoy forex trader group dito sa PMT
Title: Re: Filipino forex traders, converge here!
Post by: piameg on Dec 10, 2010, 05:47 PM
wow sige kitakits tayo dyan kay noypips, kelan kayo pwede?
Title: Re: Filipino forex traders, converge here!
Post by: tops5450 on Dec 10, 2010, 10:05 PM
aba aba sama ako dyan sa eb na iyan, libre ba tsibog :watchuthink:
Title: Re: Filipino forex traders, converge here!
Post by: turf on Dec 13, 2010, 01:48 PM
nakapanuod na ba kayong video peter bainless about candle sticks?
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Jan 29, 2011, 08:47 PM
@ping, kilala mo na ang friend ko heheh :) sana may eb tayo mga forex traders though newbie pa lang ako at di pa forex trader, pag aaralan ko pa lang, hehe until now pag-aaralan pa rin kasi di maharap harap pa.


Clueless ako, madam eh ... paki PM naman po kung sino?


 :hello:
Title: Re: Filipino forex traders, converge here!
Post by: alcedz on Mar 16, 2011, 06:12 PM
Hi guys,

are there any online forex trading site operated in the Philippines?
Title: Re: Filipino forex traders, converge here!
Post by: Pyramus on Apr 17, 2011, 12:51 AM
Join ako kaya lang sa singapore me .... sa may mga etoro account ako si Pyramus77
Title: Re: Filipino forex traders, converge here!
Post by: Karl_Pablo on Apr 18, 2011, 12:22 PM
hi,

how is this affiliate program exactly work? can we join this even if dont have much knowledge with FOREX?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Apr 25, 2011, 02:17 PM
wala rin minimum deposit sa Oanda.
tight spreads pa.
Oanda's a relatively more reputable broker.
recently, nag offer na rin sila ng MT4, pero d pa ata ganun ka-stable.
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Apr 26, 2011, 08:20 AM
FxOpen MT4 seems to be nice naman.  And if you can open a 1k usd account, go for the ECN MT4, spreads are significantly lower.

GoMarkets is another good broker based in Australia.  If you want to use PayPal to fund your account, then you must request your base currency in AUD.


FYI.



 :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Apr 26, 2011, 05:05 PM
Sir Ping,
aling brokers ang mayroon kang existing accounts?
ano experiences mo?
salamat!
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Apr 26, 2011, 06:47 PM
Hello,

So far, I have used IBFX before, pero parang maraming requotes dati.  Lately, sya yung gamit kong mini account for "testing" new ideas.  Mukhang malaki na improvement.

FXCM, medyo iba ang platform.  A lot of adjustments needed.  Ang MT4 ng fxcm kasi dapat 2000usd min deposit, at 1usd per trade.

So far, I am using FxOpen (nasa signature ko IB link  :hihi:).  Parang mas ok kasi maliit ang spread plus commission.  Total is relatively smaller pa rin compared to other brokers.

I wish to open GoMarkets din sana pag magaling na ako mag trade, para maka avail ako ng free MYFX software.


Kayo po?  Anong gamit nyong brokers?


 :hello:




Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Apr 29, 2011, 04:15 AM
Hi guys,

are there any online forex trading site operated in the Philippines?
if you mean pinas-based na forex broker, i doubt it. ang pinakamalapit na forex broker sa pinas ay yung based sa singapore. why are you looking for a pinas-based forex broker anyways? pwede ka namang mag open ng trading accounts sa forex broker who are based in usa, uk or singapore.
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on May 03, 2011, 02:28 PM
oanda...

no problem so far...
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on May 06, 2011, 12:32 AM
oanda...

no problem so far...
oanda? meron ba silang office based sa pinas? or IB lang? please clarify/verify. thanks
Title: Re: Filipino forex traders, converge here!
Post by: CondoInvestor on May 06, 2011, 04:16 AM
May kitaan din ba sa Forex mga experts where yung P2 Million is pwedeng kumita ng P2 Million in 6 months.

Natanong ko lang, di ko pa kasi to Forte.  Papaturo pa ko kay Santi and Ping. :D
Title: Re: Filipino forex traders, converge here!
Post by: PHrider on May 06, 2011, 09:42 PM
Oanda din gamit ko, tight spread kaso avoid the news kasi umaabot minsan ng 10pip at para hindi ma whipsaw.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 16, 2011, 04:02 PM
Hello,
So far, I have used IBFX before..
FXCM, medyo iba ang platform.
So far, I am using FxOpen...
Kayo po?  Anong gamit nyong brokers?
ano meron sa MYFX ng Go markets?

ako Oanda & FXCM. malapit nako mag open sa ibang broker. nagreresearch pa kung alin ang swak sakin.
i think oks na oks ang Interactive brokers, Dukascopy, MBT, ATC, FinFX.

oanda...
bro, ikaw rin ba yung nasa Forex Factory?

oanda? meron ba silang office based sa pinas? or IB lang? please clarify/verify. thanks
sa pagkakaalam ko wala sa Pinas. Singapore, Dubai, US, Canada etc lang.
if u are interested, mag open ka direkta sa Oanda US.
WAG mag-oopen sa local 'brokers', else u WILL get broke. ingat lang.

May kitaan din ba sa Forex mga experts where yung P2 Million is pwedeng kumita ng P2 Million in 6 months.
Natanong ko lang, di ko pa kasi to Forte.  Papaturo pa ko kay Santi and Ping. :D
just like in RE investing, it takes time to gain enough experience sa trading.

anyway, sa Forex, u dont need 2M para magcreate ng 2M.
flexible ang leverage sa Forex trading, 1:1 up to 1:1000. once experienced ka na, u can create that amount of money (2M) in +/-6months, with or without as large a capital & with/without using a high leverage.
the main factors are experience & capital.
kung ako tatanungin mo, marami advantages ang trading sa RE investing. (although mas challenging & mahirap ang Trading, IMHO)
Title: Re: Filipino forex traders, converge here!
Post by: tradeventure on May 20, 2011, 10:51 AM
CMCMarkets in Asia are in Australia, Japan and Singapore. Offers lots of instruments to trade from currencies, shares and commodities. CFDs are my favorite since there's no commission and spreads are tight. Good for beginners.
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on May 31, 2011, 03:33 PM
oanda? meron ba silang office based sa pinas? or IB lang? please clarify/verify. thanks

my account is with oanda singapore...

the feeling na malapit lng ang office ng broker is medyo comforting...

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SO KAILAN TAYO PWEDE MAG CONVERGE PHYSICALLY AS IN MEETING...

I like the idea of having fellow Filipinos as trader-friends...di ba? para may matawagan kapag hinataw ka ng market...

and may kainuman kapag kumita ng medyo malaki...hehe :applause:
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 10, 2011, 12:01 AM
ako nag iisang filipino forex trader dito sa amman. jordan.guess what one of the top trader world wide siya ang coach ko. mabuhay filipino.
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Jun 10, 2011, 12:34 AM
it doesnt matter who your coach is or his standing, what matter is how "you" perform.
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 10, 2011, 12:50 AM
wala pa studyante palang ako sa forex di pa ako naglalive  trade. nasa intro pa lang ako. pero dont worry i will show how i will perform pag naging expert na ako
Title: Re: Filipino forex traders, converge here!
Post by: santino on Jun 10, 2011, 11:40 AM
my account is with oanda singapore...

the feeling na malapit lng ang office ng broker is medyo comforting...

Post Merge: 1306827420


Post Merge: 1306827540
SO KAILAN TAYO PWEDE MAG CONVERGE PHYSICALLY AS IN MEETING...

I like the idea of having fellow Filipinos as trader-friends...di ba? para may matawagan kapag hinataw ka ng market...

and may kainuman kapag kumita ng medyo malaki...hehe :applause:

Sir SAGAD, sama ako sa meeting na to. Makati, Alabang is good for me. :)
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 10, 2011, 08:06 PM
huhuhu wla po ako jan gust0 ko rin yan. may ask ako meron bang offices jan sa pinas na forex.? kasi dito sa amman bawal dito ang forex office eh
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Jun 11, 2011, 11:05 PM
guys, suggestion ko lang po. let's also make a live chatroom para sa mga pinoy forex. for the benefit of those residing in the visayas and mindanao regions. at least so that we can discuss din at real time diba?

skype anyone? :-) just PM me if ok lang sa inyo. we can setup one. para maadd ko kayo sa chatroom. ;-)


di rin ako naglalive as of now although i have one live account sa OANDA. im using FXCM to backtest some strategies.

mabuhay pinoy traders!
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 13, 2011, 12:35 AM
g
guys, suggestion ko lang po. let's also make a live chatroom para sa mga pinoy forex. for the benefit of those residing in the visayas and mindanao regions. at least so that we can discuss din at real time diba?

skype anyone? :-) just PM me if ok lang sa inyo. we can setup one. para maadd ko kayo sa chatroom. ;-)


di rin ako naglalive as of now although i have one live account sa OANDA. im using FXCM to backtest some strategies.

mabuhay pinoy traders!
[/quote

gusto ko rin yan magkaroon tayo ng organzation ng mga pinoy traders sa buong pinas. pag uwi ko ng pinas meet tayo lahat.
gamit ko namn quantme live online din ako. kasi ang mga coach natin ibat iba ang ginagamit nilang method. wla akong skype pero sige gagawa ako para sa foundation ng org natin..


Post Merge: 1307897073
i suggest you take the class im taking its the best ive ever seen then we can open our own room for pinoy traders.
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Jun 13, 2011, 03:13 PM
@QuantChix, ayus yan, you really are taking up FX classes. as far as i know we dont have one like that here. that's why i dig on books written by known traders. so talagang nagsasariling sikap ako sa self-study. finding a mentor is really hard as wala akong kilala in person na fx trader.

@SAGAD, ok ako sa mga meetups na yan. hehehe. makati and alabang area din ako.

mabuhay pinoy traders!
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 13, 2011, 09:38 PM
@QuantChix, ayus yan, you really are taking up FX classes. as far as i know we dont have one like that here. that's why i dig on books written by known traders. so talagang nagsasariling sikap ako sa self-study. finding a mentor is really hard as wala akong kilala in person na fx trader.

@SAGAD, ok ako sa mga meetups na yan. hehehe. makati and alabang area din ako.

mabuhay pinoy traders!

I shared similar views like that, Up until last week I started taking this live coaching that was recommended to me. and Now I feel I'm getting somewhre. I m gonna be posting my trades using demo for now. but I believe this coach is the real deal.
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Jun 14, 2011, 01:33 AM
well, if the coach has shown really good history in trading then he should be a real deal. :-) having a mentor is really an edge for new traders. the student's attitude towards trading is also another story. like what most successful traders say, kahit gaano pa kasuccessful ang isang strategy, it is still the mindset and attitude of the trader using it that will be the determining factor sa trading career.

in trading, it is mostly the trader against him/herself, not trader against the market.  :D
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jun 14, 2011, 02:06 AM
well, if the coach has shown really good history in trading then he should be a real deal. :-) having a mentor is really an edge for new traders. the student's attitude towards trading is also another story. like what most successful traders say, kahit gaano pa kasuccessful ang isang strategy, it is still the mindset and attitude of the trader using it that will be the determining



in trading, it is mostly the trader against him/herself, not trader against the market.  :D

totally agree and i believe he is all you mentioned. great coach.
Title: Re: Filipino forex traders, converge here!
Post by: luranski on Jun 15, 2011, 11:06 PM
I found this site called Forex Club Asia and it’s super cool! It’s actually why I’m sending you this quick message. I just joined yesterday and I’ve told all my dear friends about how to get in for FREE!, Sayang opportunity if you miss it, go here and check it out: 

http://www.forexclubasia.com/dap/a/?a=700&p=forexclubasia.com/starter-membership/ (http://www.forexclubasia.com/dap/a/?a=700&p=forexclubasia.com/starter-membership/)

Also, I attended their free seminar orientation yesterday and it is mind blowing!  Free seminar, materials, coffee and of course, free information and I learned a lot! Go check it out too! Another oppurtunity of learning and generating an income stream!

http://www.forexclubasia.com/dap/a/?a=700&p=forexclubasia.com/starter-membership/ (http://www.forexclubasia.com/dap/a/?a=700&p=forexclubasia.com/starter-membership/)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 16, 2011, 05:00 AM
o pati pala dito nag post ka.
flooding na yan, bro luranksi.
Title: Re: Filipino forex traders, converge here!
Post by: thecementer on Jun 18, 2011, 08:04 PM
sama ako dito pag nag ka eb mga forex trader!!!!!
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Jul 02, 2011, 12:03 PM
hi guys, dalawa pa lang kami ni sir SAGAD dun sa skype chatroom. kung gusto nyo sumali PM nyo po ako ng skype user id nyo para maadd ko kayo. thanks! buohin natin ang online chatroom.

advantage kasi nito is para makapagusap tayo in real time about sa market. see ya!
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 02, 2011, 05:13 PM
quantchix skype name
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Jul 03, 2011, 01:13 AM
@quantchix, inadd na kita. pakiaccept nalang.
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 03, 2011, 07:23 PM
@quantchix, inadd na kita. pakiaccept nalang.

yes sir accept ko na po. lagi kasi akong my operation kaya lagi idn po ako wlaa dito. pero sige lets talk business
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 06, 2011, 07:07 PM
to all pinoy traders, My coach will be conducting live trading on skype ( quantme) every day during london session
add skype ,, earn and learn free trial for 1month. you won't believe your eyes

see the thread....
http://www.pinoymoneytalk.com/forum/index.php?topic=35792.msg365324#msg365324
and see www.orderflow.collective2.com

ADD SKYPE NOW  PMT group on skype.... quantme
Title: Re: Filipino forex traders, converge here!
Post by: suarezlyka on Jul 06, 2011, 08:18 PM
inadd na kita pero i never heard from you :D
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 06, 2011, 11:44 PM
inadd na kita pero i never heard from you :D

sa quantme niyo ako i add hindi sa quantchix wla ako lagi dun..gumawa na rin ako ng room dun for pmt traders.

Post Merge: 1309968745
to all pinoy traders, My coach will be conducting live trading on skype ( quantme) every day during london session
add skype ,, earn and learn free trial for 1month. you won't believe your eyes

see the thread....
http://www.pinoymoneytalk.com/forum/index.php?topic=35792.msg365324#msg365324
and see www.orderflow.collective2.com

ADD SKYPE NOW  PMT group on skype.... quantme

you can also see and copy live trades at
http://orderflow.collective2.com
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Jul 18, 2011, 12:16 AM
i love the idea of having a chatroom tayong mga pinoy FX traders. I'm located in mindanao ang im eager to learn forex. as of now, meron akong sinasalihang groups sa facebook and they are using signal providers.
Title: Re: Filipino forex traders, converge here!
Post by: turf on Jul 18, 2011, 02:58 AM
quantme added :D
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 18, 2011, 04:59 AM
i love the idea of having a chatroom tayong mga pinoy FX traders. I'm located in mindanao ang im eager to learn forex. as of now, meron akong sinasalihang groups sa facebook and they are using signal providers.

kami rin nagpoprovide din kami ng signal..try to check this site

www.orderflow.collective2.com

marami na rin nagadd sa skype chatroom and everyday online.

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quantme added :D

hi turf what is your name in skype?

send me pm
Title: Re: Filipino forex traders, converge here!
Post by: myfxlife on Jul 19, 2011, 08:23 PM
I'd like to join and interact with fellow traders!

You can visit me here!

http://www.forextalknow.com/ (http://www.forextalknow.com/)
 :rakenrol:
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Jul 20, 2011, 02:52 AM
I'd like to join and interact with fellow traders!

You can visit me here!

http://www.forextalknow.com/ (http://www.forextalknow.com/)

i like your website..very informative specially for new beginners..

keep it up

 :rakenrol:
Title: Re: Filipino forex traders, converge here!
Post by: onemoreround on Aug 02, 2011, 04:25 AM
add me up my skype username is onemoreround23
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Aug 03, 2011, 01:20 PM
quantme anmn ang skype koh
Title: Re: Filipino forex traders, converge here!
Post by: elmostreet on Aug 04, 2011, 03:30 PM
Are the discussion still on going through Skype?
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Aug 05, 2011, 12:33 AM
yes meron pang discussion doon sa skype..just add to your list
Title: Re: Filipino forex traders, converge here!
Post by: shyne81 on Aug 17, 2011, 02:30 PM
hello quantchix :)
just added u on my skype list
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Aug 22, 2011, 12:07 PM
hello quantchix :)
just added u on my skype list

add me again..fxquantchix
Title: Re: Filipino forex traders, converge here!
Post by: part_timer_lang on Aug 22, 2011, 12:26 PM
Saan na ba magandang maglaro ng forex ngayon?
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Aug 22, 2011, 12:50 PM
Saan na ba magandang maglaro ng forex ngayon?

mag practice ka ng sarili mong demo.tapos share mo sa akin kung my strategy ka
Title: Re: Filipino forex traders, converge here!
Post by: part_timer_lang on Aug 22, 2011, 01:16 PM
^active pa naman iyong laro-laro ko sa marketiva, puro virtual.
No strategies yet, guess work lahat. :)
Title: Re: Filipino forex traders, converge here!
Post by: QuantChix on Aug 22, 2011, 01:20 PM
good.sa ganung paraan marami karin matutunan
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 05, 2011, 08:24 PM
just wanna share this sa karamihan:
"I think the biggest thing that a person who is genuinely interested in giving value is up against, is that there is so much mis-information that people are expecting to get 100% per month, or that it's easy, or just follow this or that system and its easy etc etc. I see the clickbank product launches, the same formula every time and it works dammit! People buy those things in droves. (I did hear the refund rates are through the roof and a lot of affiliates wont bother promoting forex products now, so that's good news!)

First, trading is B****DY HARD! It takes years to get comfortable with this crazy business. Second, most are underfunded with unrealistic expectations. If you have 10k and you are just wanting to slowly grow it faster than putting it in the bank then you can do that. If one is expecting to make a living, they are in for a very serious awakening.

If you told many mainstream investors that there's an investment that can get them 10% per month (120% a year) they would be suspicious because that would be considered high, and yet many people (new traders) in forex scoff at 10% like it's too low."
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 08, 2011, 06:44 PM
recently may thread sa ForexFactory tungkol sa LiteForex. ingat ingat
http://www.forexfactory.com/showthread.php?t=313217&page=4 (http://www.forexfactory.com/showthread.php?t=313217&page=4)
taga Malaysia yung may problema
Title: Re: Filipino forex traders, converge here!
Post by: EG.FX on Sep 14, 2011, 11:45 PM
Hi guys,

New member here. I've been trading FX for a little over 2 years. I trade both medium (H4, H1) and shorter (M15, M5) time frames. I also invest in commodities (metals). Just want to give a heads up to ferrariEverest for inviting me here!

Erik
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 15, 2011, 12:11 AM
Erik,
ang bilis magpamember a!
saan ka sa US?

good to see u here & there (forexfactory.com), Sir EG.FX !

PS. dont make our noses bleed ha. heheheh
Title: Re: Filipino forex traders, converge here!
Post by: EG.FX on Sep 15, 2011, 12:52 AM
Erik,
ang bilis magpamember a!
saan ka sa US?

good to see u here & there (forexfactory.com), Sir EG.FX !

PS. dont make our noses bleed ha. heheheh

Chicago... studying Finance and Accounting at DePaul University.

Marunong naman ako mag salita ng tagalog, nahihirapan lang mag-type. :)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 15, 2011, 01:33 AM
wow, nice course!
Title: Re: Filipino forex traders, converge here!
Post by: ect1 on Sep 21, 2011, 04:32 PM
ok ba mag sa forex.com??  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 21, 2011, 05:08 PM
^ check mo kung may thread siya sa broker's section ng forexfactory.com

pagaralan muna yung broker bago ilagay ang pera dun
Title: Re: Filipino forex traders, converge here!
Post by: ect1 on Sep 21, 2011, 08:55 PM
ang mahal pla dito sa forex.com .. ano b magandang broker?? kasi delikado eh bka scam pla.

sa etoro ok sana kaso marami nag sasabi scam daw.. sa ikofx scam din daw..  ewan ko lng ha..

pero mukang ok nman ung oanda.. walang minimun deposit
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 22, 2011, 04:21 PM
Sir ect1,
try mo Oanda. $1 up deposit.
ok naman ang Oanda. avoid trading during weekends/news releases para maiwasan yung wide spreads.
Title: Re: Filipino forex traders, converge here!
Post by: ect1 on Sep 24, 2011, 02:59 PM
cge po sir tnx.. ung ibang broker kasi malaki minimun deposit eh.. sir na try mo n b dito?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 28, 2011, 02:39 AM
oo. may Oanda account ako since early/mid-2010. try mo yun.
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Sep 28, 2011, 07:49 AM
For an excellent, unbiased review of a number of forex brokers, you guys might want to read this report:

 http://www.stockbrokers.com/2011-forex-review.html

Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 29, 2011, 08:28 PM
thanks Ma'am Prospera,
will check it out.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 11, 2011, 01:11 PM
Sir reluma, alin ba broker/s mo? salamat!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 11, 2011, 03:04 PM
i see.

sana tuloy tuloy ka parin para hindi mawala yung 'momentum' :)
halos pareho pala tayo ng mga ginagawa!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 18, 2011, 01:02 AM
sariling EA mo yan, o binili online?
baligtad tayo, marami akong time, ikaw sangkatutak ang pera. ako gawin mong EA. heheheh!
Title: Re: Filipino forex traders, converge here!
Post by: basil16 on Oct 23, 2011, 11:32 AM
Hi ferrari,

FxPro ang broker ko.
so far wala akong naging problem sa deposit at withdrawals ng active pa ako sa forex trading.

scalper ako btw :)
hi reluma,
im a new member. been to stocks for 5 years and would want to start/try forex. i have doubled my demo account w/ oanda in 8.5 months and is gearing to do live. my concern is that oanda seems to have a reputation of widening spreads during live accounts. not really sure whom to believe. how about fxpro? how do you fund and withdraw your accound with this broker? thanks in advance.

basil16
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 23, 2011, 12:20 PM
hello basil16,
demo account yun e. generally, iba ang live sa demo.

back in 2008, i made more than 1500% increase in my LIVE account in less than a MONTH, yet afterwards i realized hindi pa rin ako ready/consistent. (i barely did demo trading)

substantial capital, experience, & consistency ang kailangan natin s trading.

saka slightly iba ang trading ng stocks sa forex. (based on my limited knowledge about stocks). mas volatile ang forex at 24/7 siya unlike stocks.

oanda usually widens spreads during news time. otherwise, the spreads on Oanda is among the lowest out there.
Title: Re: Filipino forex traders, converge here!
Post by: basil16 on Oct 23, 2011, 01:29 PM
Thanks FE. I do realize iba pag live acnt. Did the same thing sa stocks. I tried demo before going live. Sabit kaagad sa first month. Haha. But we wont learn how to swim unless we jump into the water, right? Thanks sa info re Oanda. What I really need now is to zero in on the best broker. Yung parehas lumaban at the same time ease of funding and withdrawal. Thanks ulit sa guidance
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 23, 2011, 02:05 PM
you are welcome Sir.
if u wanna go live, pwede namang start small.
Oanda is great kasi u can position size accordingly (u can trade 1 unit up)
mas ok na yung start small, then go big. instead of start big, end up small (gaya ko... matigas kasi ulo ko noon -- uberconfident hahahah; trading humbled me & challenged me more)

btw, walang 'best broker'. generally, bawat broker may positive at negative points. dahil dito, u'll inevitably have to try a few brokers that suit your needs.
Title: Re: Filipino forex traders, converge here!
Post by: scion02b on Oct 24, 2011, 03:00 AM
Hello guys,

I'm more of a stock trader/investor right now, but wants to learn forex.  Ang alam ko walang local forex broker dito sa Pinas, usually via online lang gamit ng mga tao.  So how do you open forex accounts?  Any tips? 
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 24, 2011, 02:32 PM
may local fx brokers pero scams.

open fx accounts online? magsesend ka (thru fax/email) ng required documents (scanned or digital image).
deposit/withdrawal via bank wire, cheke, or credit card/paypal
Title: Re: Filipino forex traders, converge here!
Post by: Gilad on Nov 07, 2011, 11:10 AM
^^
Meron po ba kayong alam na forex broker na hindi mo kailangan mag-provide ng mga scanned documents?
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Nov 15, 2011, 10:28 PM
^Gilad,

Palagay ko, ikaw ang dapat matakot if your broker did not ask for any documents.

Just a thought.


 :hello:
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Nov 25, 2011, 02:34 PM
anyone tried BPI Forex Corporation? i think they are a local broker here but does not offer leveraged or margin accounts.

http://www.mybpimag.com/index.php?option=com_content&view=article&id=165&Itemid=199

Post Merge: 1322202903
^Gilad,

Palagay ko, ikaw ang dapat matakot if your broker did not ask for any documents.

Just a thought.


 :hello:

^ agree ako kay sir Ping
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Nov 30, 2011, 01:16 PM
^ Sir,
pagkakaalala ko, nag ooffer sila ng forex savings accounts, pero dko sigurado kung nag ooffer ng pang trading.
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Dec 01, 2011, 11:37 PM
padaan lng po :)

tanung lng po, about sa local brokers mga sir, is it locally owned oh partnership?

thanks
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on Dec 02, 2011, 01:10 AM
Hi guys!

May i know the forex broker where you find best? in terms of spread, execution etc.

AND, have you come up with your trading method already that works/profitable?

tia!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 02, 2011, 03:39 PM
broker- depende yan sa preference mo Sir.
try mo Oanda, Interactive brokers, dukascopy.
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Dec 02, 2011, 11:14 PM
@Tia: I'm not expert and still in the never ending learning process :) tulad ng sinabi ni sir ferrari it depends, iba iba kasi tlga, though im with hotforex. i have no certain system na sinusundan. iba iba din eh :)
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on Dec 04, 2011, 03:25 PM
hi papito13, im rivac7 btw not tia (thanks in advance) ;) no probs anways...

pero consistent naman ba un profit mo without following any methods?

ako kasi mahilig manuud ng mga webianrs ng professionals e..
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Dec 05, 2011, 10:25 PM
sorry rivac7 >.<

I guess what I'm trying to say is, I do not follow complex methods as much as possible. I'm using just pure techinicals, S/R levels, channels... nothing too complicated. Trying to keep it as simple as possible.

Question lng po para sa lahat,
what do you think of international brokers opening offices here in the phil? in general lng siguro, how would it work? thanks in advance.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 09, 2011, 12:07 PM
Sir papito,
malabo yan , IMHO.
walang FX trading regulation satin.

sa US nga, may regulation na, nangloloko parin yung ibang brokers. pano pa kaya satin na walang rules& regulation dba.
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Dec 09, 2011, 02:47 PM
Depends. If it's a broker with a good reputation like Dukas or MBT, I'd welcome their presence with open arms. But that's a very remote possibility IMHO.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 09, 2011, 02:49 PM
Dukas, MBT sa Pinas. pwede! :)
basta wag yung pirated ha :D
Title: Re: Filipino forex traders, converge here!
Post by: index1php on Dec 09, 2011, 06:05 PM

Guys, tanong ko lang sino dito member ng Alpari UK?

yung hinihingi kasing scanned documents kailangan naka notario pa...
isang passport at 2 utility bills...

Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Dec 09, 2011, 10:22 PM
sa bagay, ang hirap nga tlga kng wala tayo regualtions dito, hais, hopefully mag karoon tayo ng matinung broker dito. like the big names in the market :) hopefully :D
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 10, 2011, 03:21 PM
Alpari UK?
yung hinihingi kasing scanned documents kailangan naka notario pa...
isang passport at 2 utility bills...
oo mejo mahigpit yung iba.
ganyan rin sa GoMarkets AU nung nagtanong ako.

Si Sir Lightwind alam ko Alpari UK.
Title: Re: Filipino forex traders, converge here!
Post by: index1php on Dec 11, 2011, 11:03 PM
ok
oo mejo mahigpit yung iba.
ganyan rin sa GoMarkets AU nung nagtanong ako.

Si Sir Lightwind alam ko Alpari UK.

ok thanks sa reply...sana mabasa ni Lightwind ito...para makapagbigay naman siya ng experience niya about ALPARI UK...

 :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Dec 12, 2011, 04:42 AM
SOP yung notarized ID for brokers in the UK and Australia, as far as I know. Dukas even goes one step further by asking prospective clients to mail their documents!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 12, 2011, 11:41 AM
^ Ma'am,
nyek, ganyan pala sa Dukas. salamat sa info!
Title: Re: Filipino forex traders, converge here!
Post by: SRDC on Dec 12, 2011, 05:36 PM
Papito,  the international offices here are just marketing offices.  Their licenses are located abroad and are not regulated locally. No forex broker has a license locally because none are given out of course.  We've met with a broker, Easy Forex, saying that some brokers might misrepresent this so watch out for that too. Hope this helps
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Dec 12, 2011, 10:33 PM
@SRDC: thanks for the heads up, I guess I got a bit confused in my own posts :) my bad.  a marketing office, or we could say a support office tama? hmm, so most likely kng di ako nag kakamali nagiging referral program sya with commissions/bonuses, so far mga naririnig ko na mga offices dito sa pinas, easy-forex and AM or admiral markets. ok ba para saten mga ganun? na kunwari mga broker naten mag oopen ng office dito sa pinas? thanks in advance :)
Title: Re: Filipino forex traders, converge here!
Post by: ken_22 on Dec 18, 2011, 05:15 PM
speaking of brokers, Etoro is a good alternative especially for beginners. :cool2:
it both has a downloadable and web-based platform.
the interface is visually good and simple.
very flexible din ang funding options, you could use almost all kinds of e-wallets.
minimum deposit is very small, $100 lang.
i have been trading with them for more than 2 years na.
u can use this link to sign up.

http://www.etoro.com/A33548_TClick.aspx
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Dec 18, 2011, 05:29 PM
^ sa Oanda minimum is $1 lang

Etoro gamit mo?
affiliate ka sa kanila?
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Dec 29, 2011, 02:12 PM
yup, nothing beats oanda for beginners and those with small accounts...
Title: Re: Filipino forex traders, converge here!
Post by: BFXGeneralConsultant on Jan 04, 2012, 02:30 PM
Greetings Fellow Forex-Traders!!!

I'm simple Filipino guy with a 6 years profitable experienced in Forex Market World using a wide range of a Advance Physics Theory and Advance Mathematical Calculation to protect the capital from zeroed stop-out and to avoid long-term exposure into negative territory that leads into scary hedging.

I'm a Forex Fund Manager or Forex Account Manager.. Just send me a private message for more details about my Percent Allocation Management Module or PAMM Account, this is highly executed by power of attorney by a forex broker.. your money can trade by a Fund Manager but the Owner of the account can only withdraw on it..

More details about PAMM Account how does it work... Click=> http://instaforex.com/faq.php#pamm (http://instaforex.com/faq.php#pamm)


Thank you very much!


Respectfully yours,
BFXGeneralConsultant
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Jan 04, 2012, 11:35 PM
welcome po reluma sa PMT, I think sa lahat ng online pinoy forums dito na po ang pinka active FX traders :) at mga veterans tulad nila sir ferrari :) best of luck in upcoming trades.

question lng din po, gumgamit din po ba mga traders dito ng ibat ibang platforms iphone? android? ipad? bb platform? o kaya mga multiple monitors set up?

Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jan 05, 2012, 12:50 AM
nyek, d naman ako veteran, Sir.
saka tunog matanda pag 'veteran'. :D

to be honest, dpa ganun ka active fx forum dito sa PMT. pero sana maging active & dumami pa tayo...

dun sa Q mo..
asa bahay lang ako so hindi ko kailangan ng mobile setup.
yung multiple monitor setup, balak ko yan soon, pero pinagiisipan ko pa maigi (so far, sapat pa naman ang 22", saka kailangan ko muna ng 'matinong' table, LOL)... super mura na monitors ngayon kumpara 5-7yrs ago.
Title: Re: Filipino forex traders, converge here!
Post by: papito13 on Jan 05, 2012, 10:25 PM
@sir ferrari :) very nice 22", kelangan ko na ata mag upgrade ng set up, better CPU and hopefully kahit 2 19" screens. pero pag ipunan muna, :) nkakalito kasi minsan mag monitor ng multiple charts tas maliit pa screen :)
Title: Re: Filipino forex traders, converge here!
Post by: jmiyake on Jan 11, 2012, 10:24 AM
welcome po reluma sa PMT, I think sa lahat ng online pinoy forums dito na po ang pinka active FX traders :) at mga veterans tulad nila sir ferrari :) best of luck in upcoming trades.

question lng din po, gumgamit din po ba mga traders dito ng ibat ibang platforms iphone? android? ipad? bb platform? o kaya mga multiple monitors set up?



for me, It is advisable to use mobile apps only for monitoring and closing trades.
Title: Re: Filipino forex traders, converge here!
Post by: freedompinoy on Jan 11, 2012, 10:39 AM
speaking of brokers, Etoro is a good alternative especially for beginners. :cool2:
it both has a downloadable and web-based platform.
the interface is visually good and simple.
very flexible din ang funding options, you could use almost all kinds of e-wallets.
minimum deposit is very small, $100 lang.
i have been trading with them for more than 2 years na.
u can use this link to sign up.

http://www.etoro.com/A33548_TClick.aspx

hello .  Nasubukan ko po ang etoro platform.  So far wala naman po ako naging problema sa kanila.  Nakapagwithdraw na din po ako ng profits sa kanila at instant ang deposit kapag using credit card. Customer service is also good.

Ang nakita ko lang po sa kanila why I chose a different broker is yung spread nila mataas :-)
Title: Re: Filipino forex traders, converge here!
Post by: BFXGeneralConsultant on Jan 11, 2012, 11:49 AM
Greetings to all PMT Forex Traders...
Title: Re: Filipino forex traders, converge here!
Post by: Admiral_Markets_Ph on Jan 11, 2012, 05:12 PM
(http://i13.photobucket.com/albums/a267/teknostart/admin-logo22.png)

Good Day to All....
Happy trading!!!

(http://i13.photobucket.com/albums/a267/teknostart/mifids.png)
Title: Re: Filipino forex traders, converge here!
Post by: poojim on Jan 11, 2012, 05:45 PM
Good Day to All....
Happy trading!!!

Nice! Representative kayo sir ng AMPH?
Title: Re: Filipino forex traders, converge here!
Post by: eong on Jan 14, 2012, 02:05 AM
good morning to everyone.

New hear sa PMT and planning to open a live Oanda account within the month.

Ive been trading sa practice account and trying to develop un emotional "skillsets" para d madala sa mga fluctuations...
Im not into using the standard tools but more on jst simply reading the charts and so far positive lahat ng result ng trades so im worried maybe im doing something wrong haha

any tips the gurus can share will be highly appreciated!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jan 14, 2012, 02:16 AM
Sir eong,
welcome sa PMT!

kung positive ka so far, tuloy mo lang.
try mo muna minimal position size sa live account. tignan mo kung iba pakiramdam mo pag live trading na.
basta kung pano ka magtrade sa demo, try mo i-replicate sa live.

Good luck! hope u keep posting!
Title: Re: Filipino forex traders, converge here!
Post by: ken_22 on Jan 14, 2012, 05:23 PM
hello .  Nasubukan ko po ang etoro platform.  So far wala naman po ako naging problema sa kanila.  Nakapagwithdraw na din po ako ng profits sa kanila at instant ang deposit kapag using credit card. Customer service is also good.

Ang nakita ko lang po sa kanila why I chose a different broker is yung spread nila mataas :-)

For some currencies at precious metals, mataas nga ang spread nila. for majors like eurousd, I think comparable naman with other brokers :)
Title: Re: Filipino forex traders, converge here!
Post by: Admiral_Markets_Ph on Jan 19, 2012, 10:14 AM
(http://i13.photobucket.com/albums/a267/teknostart/admin-logo22.png)

Nice! Representative kayo sir ng AMPH?

Yes sir, I'm...
Thank you for you post by the way...

(http://i13.photobucket.com/albums/a267/teknostart/mifids.png)
Title: Re: Filipino forex traders, converge here!
Post by: BFXGeneralConsultant on Jan 31, 2012, 11:47 AM
Yes, but test the trading performance of your robot.. at least 1year..

Respectfully yours,
BFXGeneralConsultant
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Jan 31, 2012, 12:01 PM
^

whose robot are u referring to BFX?



No need to quote previous post.
Title: Re: Filipino forex traders, converge here!
Post by: BFXGeneralConsultant on Jan 31, 2012, 12:04 PM
Na delete na.. meron kanina yung nagpost.. tignan mo dun sa "WebMoney" topic.. na quote ko message nya..

Respectfully yours,
BFXGeneralConsultant..

Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jan 31, 2012, 12:19 PM
whose robot are u referring to BFX?
most likely, spam lang yun, bro :D
Title: Re: Filipino forex traders, converge here!
Post by: Track_Ball on Feb 04, 2012, 11:46 AM
I'm into Forex trading also. If you would like to learn more about my trading style / plan, send me a message. Planning to form a group who would like to trade EUR/USD.

Count me in Bro.. a group will be a good place to refine trading skills...
PM me for details sir...
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Feb 04, 2012, 02:12 PM
^ Feb2010 pa yang post Sir. :D

kung gusto nyo i-refine ang trading skills...
the best is to ask questions & self-study.

kasi kung sa isang trading group kayo sasali for the purpose of learning, mahihirapan kayo matuto kasi that specific trading group exists mainly to trade, not to teach people to trade.
kung sasali kayo sa isang trading group, it would be best na may solid foundation ka na in trading & in how u want to trade.
this way, u get 2 benefits:u can weed out easily the bullsh*t/misinformation.... & u can easily discern if u want to follow some mentor-potentials within the group.
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Feb 05, 2012, 03:23 AM
i enjoy reading and learning from the posts of our pinoy forex traders here. thanks for this thread, many of us will broaden our learning horizon and experience in forex trading, good and/or bad.
we all know now that forex is pretty much "unregulated" which makes trading very risky and treacherous.
don't even try to open a real account before trading on your demos for many months and having tested your strategy many times.  :D
your broker will make or break you, literally. so, make sure sure that your broker is registered with CFTC/NFA, UK or EU regulatory boards. to check with NFA: search for your broker - http://www.nfa.futures.org/basicnet/ (http://www.nfa.futures.org/basicnet/) it will show if your broker has some form of complaints, case or restrictions. :hihi:
it is also worth checking if your brokers have physical offices and bank deposits in these countries; chances are they will be very careful in their practices. if you have a broker that is licensed in UK and yet banks in the Bahamas, kwidaw!!! id' rather deposit my trade account in a bank in UK. make sense?
since, forex trading is totally unregulated in pinas (no consumer protection at all), i suggest that you open with usa or uk based brokers with depositories channeled to their usa or uk based banks. make sure you know which country you are sending your money to.
i heard many stories of how brokers make easy the deposit process while making it hard as a rock to withdraw.
trade-the-news? OMG, if you are a beginner, kwidaw. if you forget to place a stop loss and your trade goes against you, you can lose your whole account in an instant.
personally, i don't believe in managed-forex-accounts. other words why would i trust someone to play with my money in a very risky fashion. i'd rather do it myself and if i lose, i got nobody to blame. if i win, they are all mine. and even if my investment is "guaranteed" (really???) :thankyou:; what? read the fine prints? ok, ok, i got it. :harhar:
oh, btw, don't ever risk more than 2% of your account and no more than 100:1 leverage.
to learn more about forex trading, visit: www.babypips.com (http://www.babypips.com) and www.forexpeacearmy.com (http://www.forexpeacearmy.com). they have a very exhaustive archive of information.
sorry for jumping from one topic to another - i have a scattered brain. :rakenrol:
Title: Re: Filipino forex traders, converge here!
Post by: forexsigmafx on Mar 07, 2012, 04:04 AM
im filipino from middle east country
Title: Re: Filipino forex traders, converge here!
Post by: aldemir on Mar 07, 2012, 11:15 PM
Hi,
My name is Amir from the Philippines and I am a representative of a forex  trading company in Dubai called FXVV, we are ECN/STP brokers  and not considered as market makers which have high risk to any trader.
 if you are interested to learn more about forex trading or have any questions please visit our website just google "FXVV" and chat live with me or any of my colleagues.

                                                                            Best regard,
Title: Re: Filipino forex traders, converge here!
Post by: C47N2T on Apr 08, 2012, 12:05 AM
I might as well hop on.

I've been trading in forex for over a year now, with my CySEC regulated brokerage firm. I haven't encountered any serious issues with this broker and their customer support are prompt.

My trades went well so far, but like any other traders` experiences, I've also suffered huge losses and blown my account multiple times. Luckily, all of my deposits were only $100 those times, but able to gain profit more than 500% within a month. And of course, those mistakes taught me lots of things to the point that I generated a huge increase from my deposit till now.

I don't have any particular strategies. My analysis are mostly based to fundamental and partly, which I consider as auditor before executing my trade, technical - focuses to price action.

So that's it, enough to know a part of my experiences as a fellow Pinoy Forex Trader. :)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Apr 08, 2012, 11:20 AM
I might as well hop on.
Hello Sir, aling broker yan?

to you & forexsigmafx, welcome to our little cave in PMT
Title: Re: Filipino forex traders, converge here!
Post by: C47N2T on Apr 08, 2012, 10:05 PM
^

Thank you for the warm welcome.

I'm not sure if it is allowed to mention such names, though I've seen several posts does. So I guess, it's fine.

My main broker is United World Capital Ltd, while my alternative, which I trade with thrice a week is OANDA.




No need to quote previous post.
Title: Re: Filipino forex traders, converge here!
Post by: hardkulangot on Apr 12, 2012, 03:48 PM
gusto kong matuto nito. sino makakapag-guide from scratch?  or a link for tutorials may do as well.

Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Apr 12, 2012, 04:01 PM
Sir hardkulangot,
nice name. :D

bago ka lang sa trading?
punta ka sa thread ko dito sa forex subforum ("Active Trading discussion"). may links ako dun.

post ka lang Sir, pag may tanong ka.
Good luck
Title: Re: Filipino forex traders, converge here!
Post by: ronstoppable_06 on May 04, 2012, 02:05 PM
I am new to this forum site.

I would just like to ask whether there's a broker here in the Philippines that offer PHP pairs?

Or if there is any broker that is registered here in the Philippines.

I would really appreciate any comments. Thank you
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 04, 2012, 02:57 PM
Sir,
haven't heard of a *reliable* retail FX broker around here.
if u want to trade PHP, punta ka na lang sa big banks (like BPI, etc), mag open ka ng foreign currency account. inquire ka muna kasi hindi lahat ng branches offer such account.
Title: Re: Filipino forex traders, converge here!
Post by: graphene on May 04, 2012, 05:26 PM
I would just like to ask whether there's a broker here in the Philippines that offer PHP pairs?

hehehe. mga money exchangers po.  :hihi:
joke lang. hehehe. answer is none. as far as i know.
Title: Re: Filipino forex traders, converge here!
Post by: aphiSigbinz on May 07, 2012, 01:00 PM
hi mga sirs,

meron din palang mga diehard pinoy forex traders dito.. ngtitrade ako pero stocks lang muna.. just wondering, yung forex market ba yun yung bases ng exchange rate?  or iba yung mundo ng forex market sa bank exchange rate?   
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 07, 2012, 01:05 PM
yes, yun yun.
yung exchange rate, base yun sa specific times in a day at yung central bank ang nagdidictate/pumipili nun.
Title: Re: Filipino forex traders, converge here!
Post by: aphiSigbinz on May 07, 2012, 01:14 PM
yes, yun yun.
yung exchange rate, base yun sa specific times in a day at yung central bank ang nagdidictate/pumipili nun.

so hindi sya tulad ng stocks na kung may willing bibili eh ok na? hehe sensya na po newbie talaga ako sa forex.. gusto ko itry pero not now siguro.. baka po may mga tutorials link ka jan bossing.. :)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 07, 2012, 01:52 PM
"so hindi sya tulad ng stocks na kung may willing bibili eh ok na?" ano po ibig nyo sabihin?
ok na, in terms of what?

meron po dun sa 1st post sa thread ko:
http://www.pinoymoneytalk.com/forum/index.php?topic=35592.0
http://www.babypips.com/school/
Title: Re: Filipino forex traders, converge here!
Post by: aphiSigbinz on May 07, 2012, 04:57 PM
"so hindi sya tulad ng stocks na kung may willing bibili eh ok na?" ano po ibig nyo sabihin?
ok na, in terms of what?

meron po dun sa 1st post sa thread ko:
http://www.pinoymoneytalk.com/forum/index.php?topic=35592.0
http://www.babypips.com/school/

what i mean is if mgbenta ka ng P20 sa stocks tapos may gustong bumili eh transaction completed na.. ganun din ba yung forex?


okay bro thanks for the link.. basahin ko mamaya sa bahay...
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 07, 2012, 05:00 PM
oo, pareho lang halos, Sir.
ang pinagkaiba, sa stocks, u are dealing with shares.
sa FX trading, currencies.
Title: Re: Filipino forex traders, converge here!
Post by: aphiSigbinz on May 07, 2012, 05:08 PM
oo, pareho lang halos, Sir.
ang pinagkaiba, sa stocks, u are dealing with shares.
sa FX trading, currencies.

ganun po ba.. eh bakit yung mga exchange counter eh palagi lamang yung rate nila.. hehe before i used to sold euro's sa bank from the company i work for, eh palagi nlang maliit yung exchange rate nila kung selling tapos kung ikaw naman bibili yung ang mahal.. prang wla silang talo.. forex market din ba ginagamit nila or iba yung mundo nila?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 07, 2012, 05:19 PM
yung mga banks/money changers po malaki ang markup/patong nila. mas maganda ang palitan habang lumalaki yung ipapapalit mo.

sa online FX trading, maliit lang ang spread/markup. (1 to 3 'pips', unlike sa local banks/money changer, +/-30 to 50 'pips')
Title: Re: Filipino forex traders, converge here!
Post by: leo0707 on May 25, 2012, 01:34 PM
mabuhay!

may mga trader pa po ba dito?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on May 25, 2012, 03:01 PM
meron po, konti nga lang :D
Title: Re: Filipino forex traders, converge here!
Post by: ect1 on May 27, 2012, 12:26 PM
ok lng din kaya kung sabay mg fx trading at stock trading
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 07, 2012, 02:22 PM
Hi, new in forex. Kakatapos lang reading babypips but hard to understand unless you are applying it na.. Anyway ask ko lang what forex brokers you recommend for demo trading and what kind of internet connection you need? Tried etoro, supposed to be madali yung webtrader platform nila pero hirapan ako intindihin. MT4 platform better?? By the way, my connection is yung lowest ng pldt dsl. 300kps? ata. Pwede na kaya yon for trading? Thanks
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jun 07, 2012, 03:28 PM
Hi. It's better, IMO, to use the MT4 platform from the beginning since it's the most popular.

You should also make sure that you sign up for a non-expiring demo account (brokers like Oanda and FXPro, for example, allow unlimited demo-trading).

I think your PLDT internet setup would suffice, especially if you don't intend to scalp.

Good luck on your forex journey!
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 07, 2012, 03:32 PM
Hi, new in forex. Kakatapos lang reading babypips but hard to understand unless you are applying it na.. Anyway ask ko lang what forex brokers you recommend for demo trading and what kind of internet connection you need? Tried etoro, supposed to be madali yung webtrader platform nila pero hirapan ako intindihin. MT4 platform better?? By the way, my connection is yung lowest ng pldt dsl. 300kps? ata. Pwede na kaya yon for trading? Thanks
i haven't tried etoro. MT4 user-friendly po. :D
sa umpisa, kadalasan lahat mahirap talaga.  :D

subukan nyo po ulit ulitin yung babypips habang nagdedemo kayo. :cool2:

ok lng din kaya kung sabay mg fx trading at stock trading
walang problema sir basta kaya mo :D
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 08, 2012, 12:25 AM
thanks ferrariEverest and prospera for your replies.

Follow up question, I read an earlier post ni ferrari na you regretted trading big amount kaagad..
So ngayon sir nag mamargin kayo? and anong margin? Mix yung interpretation ko kasi dating sa akin if your using a margin o malaki yung margin, mas malaki yung risk na masunog account mo..
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 08, 2012, 01:27 AM
low capital + high leverage + inexperienced trader + aggressive style + unemployed = sunog talaga ang accounts. ganyan ako dati.

PLEASE wag gagayahin

yung 1st experience ko ay scam + fat finger loss. very very painful.
kaya lagi ako alerto dito pag may nagpopost ditong bucket shops or misinformation.... para hindi na dumami yung mga mabibiktima.



*****
Guaranteed Formula for success (more or less) =
very low leverage (+/- 5:1 to 20:1) + small/controlled position size + (relatively) substantial capital + substantial experience + good psychology/discipline
kung hindi ka man magsucceed agad, magtatagal ang account mo....GUARANTEED

don't take my word for it, Sir... subukan nyo na lang. :)
Title: Re: Filipino forex traders, converge here!
Post by: IGX on Jun 08, 2012, 08:39 AM
Agree po ako kay FE :)

I used to do trading, 2 years ago, I invested 100K in it and I trade by the minute, nakaka atake sa puso, but the returns are very good until my internet went down and when I reached the net cafe I lost all my earnings.

I was a very very aggressive in doing a Buy/Sell with no Stop Loss.

I'm thinking of going back to Forex late this year, doing the same but making sure I have a backup connection hehe :)

For those na into Forex for a very long time, any tip?  How long have you been in to Forex?  Can this support your lifestyle?
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 09, 2012, 02:58 AM
di ba reliable introducing brokers dito? or malaki yung cut nila? part of me is thinking of starting with someone like them when i trade with real money. Some of them have ads in this forum :)

ano ung 1st experience niyong scam sir ferrari? baka pwede pashare.. hehe
Title: Re: Filipino forex traders, converge here!
Post by: ect1 on Jun 09, 2012, 11:06 AM
low capital + high leverage + inexperienced trader + aggressive style + unemployed = sunog talaga ang accounts. ganyan ako dati.

PLEASE wag gagayahin

ako unemployed  :boxing: :boxing: :boxing: :boxing:

kala ko unemployed k din sir
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 09, 2012, 05:37 PM
Hi, im also new to Fx trading. Started in May lang. In my one month of trading experience, I realized 3 things:

Control Greed
Manage Fear
Eliminate Hope

I almost blew-up my small initial investment until I realized those 3 things. And now im picking up all the pieces  . . . s l o w l y.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 09, 2012, 07:40 PM
ako unemployed  :boxing: :boxing: :boxing: :boxing:
kala ko unemployed k din sir
yes sir, unemployed.
kaya nga mas nahirapan ako nung nagumpisa e. :D
Title: Re: Filipino forex traders, converge here!
Post by: neat_chic on Jun 10, 2012, 02:03 PM

Eliminate Hope



hello pips :) pwede paki explain yung third must-do ni Mighty_Tea.  :thankyou:
(pasensya na pre-schooler lang :D)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 10, 2012, 06:56 PM
Hi, im also new to Fx trading. Started in May lang. In my one month of trading experience, I realized 3 things:
Control Greed
Manage Fear
Eliminate Hope
I almost blew-up my small initial investment until I realized those 3 things. And now im picking up all the pieces  . . . s l o w l y.
yes Sir, mahirap po magkamali sa trading, mahirap marecover yung losses. i will share a chart/stat regarding this. hanapin ko muna :D

kaya ideally talaga demo muna and gumamit ng Low Leverage + Small position size (& yung ibang nabanggit ko dun sa isang previous post)

hello pips :) pwede paki explain yung third must-do ni Mighty_Tea.  :thankyou:
(pasensya na pre-schooler lang :D)
when u rely on "hope" kasi, para kang nagrerely sa illusion/daydreaming.

when u hope in trading, it's like being a deer in the headlights: kahit alam mong mali na yung trade mo, or kahit napansin mong nagmove against u yung galaw ng price, minsan u will still 'hope' na umayon sayo or pumabor pa rin sayo eventually yung situation.
in contrast, when u trade based on knowledge/experience, u are trading based on facts, & based on what u see, as opposed to what u expect (to win in every trade).

merong kasabihang "trade (based on) what u see, not what u expect"

HOPE this helps  :D
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 10, 2012, 07:15 PM
@neat_chic
here's one example:

In a Long position: Losing trade na ako by a few $, instead na cut loss na . . . "HOPE" sets in so ride out ko pa rin ang trade "hoping" na mag reverse yung market kahit maka breakeven man lang.

Only to find out umabot na ng $100+ ang loss ko before I decided to cut it.

So I take the next trade with "HOPE."

Profit na ako by almost half of my previous loss pero dahil kay "HOPE" I continue to ride the trade "hoping" mag tutuloy tuloy pa . . . then the martket retraces back and eventually "FEAR" sets in so decided to take profit at almost break even.

hth


Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 10, 2012, 07:21 PM
ano ung 1st experience niyong scam sir ferrari? baka pwede pashare.. hehe
bucketshop trading firm sa Makati.
PFEC yung name. wala na sya ngayon or nag-iba ng pangalan. may thread yan dito.
kaya lagi ko sinasabi dito sa PMT na walang reliable FX broker sa Pinas.

may mga sumusulpot na yata ngayon na int'l brokers na nagsesetup ng branch dito sa Pinas, pero hindi (masyado) well-known kahit sa ibang int'l trading forum. (hindi ako ganun ka updated kung may bago pa).
mas maganda pa rin mag open ng account sa int'l brokers (some reliable ones have branches in areas as near as Singapore, Hongkong, Japan, Australia, NZ). madali lang naman ma-process ang account opening (+/- 3-7 days), basta kumpleto ka requirements.

For those na into Forex for a very long time, any tip?  How long have you been in to Forex?  Can this support your lifestyle?
maganda talaga may backup internet connection, kaso problema satin, sa ibang lugar limited ang choices or isa lang internet service provider. kung meron man mahal or pangit ang quality/service :hihi:

anong tip po gusto nyo?
pwede na po yung advice ko sa itaas (prior your post)
like in any business, basta committed ka at i-pursue mo, pwede talaga maging  sustenance nyo.
Title: Re: Filipino forex traders, converge here!
Post by: neat_chic on Jun 10, 2012, 07:51 PM
HOPE this helps  :D

eliminate hope :D yes, it did :)

@ Mighty_Tea: salamat sa illustration mo :) kaya pala sobrang kailangan araling mabuti so we can apply what we learn during these kind of situations. usually kasi di maiwasan maging emotional nga sa decision-making lalo pa't hard-earned money ang involve.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 10, 2012, 10:37 PM
the element of loss will always be there.
losses are normal.

to avoid being emotional, dapat planado ang trade BEFORE u execute.
easy to say but difficult to implement. but as our discipline grows and mindset gets fortified, it gets easier. :D
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 10, 2012, 10:40 PM
kaya ideally talaga demo muna and gumamit ng Low Leverage + Small position size (& yung ibang nabanggit ko dun sa isang previous post)
Regarding demo account . . .

IMHO, kailangan maging cautious in using DEMO accounts. It should be used for the sole pupose of familiarizing oneself on how FOREX trading works as a whole.

Ex. is to familiarize yourself on the functions of the Trading Platform, how to count pips, how to enter/exit trades, place market orders, position sizing, margin calls, calculate profits/loss etc.

Wag nating gawing trading foundation ang DEMO account. Hindi porke't profitable ang DEMO account mo eh ready ka na to go "live" (pun not intended) or porke't you experienced "margin call" eh hindi ka pa ready to go "live."

A DEMO account is a different environment against a LIVE account in the sense na walang "emotions" involved when you trade DEMO.

We all know that emotions takes a big part in our decision making. All trading results in a DEMO account should be treated as irrelevant, nil and void.

Again "HOPE" builds up when we make DEMO as our foundation in trading. If our DEMO account is profitable then we will hope that it will reflect in our live account.

And if our DEMO receives a margin call, we will hope that it will not happen in our live account.

Basta alam mo na kung pano mag trade and you are dead serious about it, then by all means have a "live" account immediately . . . sayang lang panahon kung magtatagal ka pa sa DEMO account.

Sa live account mo na ibuhos lahat ng akala mong alam mo na at malalaman mong marami ka pa palang dapat maintindihan.

Then of course, dyan na pumapasok ang "Risk Management" ng isang individual. It's what separates the MEN from the BOYS.

But of course, ALL of these are easier said than done.  :watchuthink:




@ Mighty_Tea: salamat sa illustration mo :) kaya pala sobrang kailangan araling mabuti so we can apply what we learn during these kind of situations. usually kasi di maiwasan maging emotional nga sa decision-making lalo pa't hard-earned money ang involve.
Share ko lang this very famous tip . . .

"Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine “risk” funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss."


my two cents



Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 10, 2012, 10:52 PM
Regarding demo account . . .
IMHO, kailangan maging cautious in using DEMO accounts. It should be used for the sole pupose of familiarizing oneself on how FOREX trading works as a whole.
walang 1 size fits all, Sir.

yung iba, ganyang lang purpose ng demo account nila.
yung iba, jan talaga training ground nila.

Quote
Wag nating gawing trading foundation ang DEMO account. Hindi porke't profitable ang DEMO account mo eh ready ka na to go "live" (pun not intended) or porke't you experienced "margin call" eh hindi ka pa ready to go "live."
tama Sir, hindi lagi madali magconclude base sa ganyang sitwasyon/outcome.

Quote
A DEMO account is a different environment against a LIVE account in the sense na walang "emotions" involved when you trade DEMO.
ang 'emotions' nakadepende yan sa nagte-trade.
merong gusto mag live account, kahit maliit lang, para 'ma-feel' nya na totoong pera ang tinetrade nya, at dahil dito magseseryoso sya.
merong trader na regardless kung demo or live, regardless of the amount. iti-treat nya ng seryoso yung trading nya.

Quote
Basta alam mo na kung pano mag trade and you are dead serious about it, then by all means have a "live" account immediately . . . sayang lang panahon kung magtatagal ka pa sa DEMO account.
being serious does not grant a trader a license to trade live immediately.
kahit seryoso ka pa, kung hindi naman equipped with knowledge/experience, u will fail eventually.
please do not mistake passion/seriousness for knowledge/experience. they are ALL critically important but entirely different things.

Quote
Sa live account mo na ibuhos lahat ng akala mong alam mo na at malalaman mong marami ka pa palang dapat maintindihan.
mahirap po magtrade na ang pinanghahawakan mo lang is 'akala mo alam mo na'.
by the way, even successful traders, may natututunan pa rin along the way.
learning is a never ending process d ba.


by the way, yung advice ko na magdemo is a general advice. angkop sating mga Pinoy yan kasi bihira naman sa atin ang mayaman and bawat Piso mahalaga (hard earned money).
of course, yung iba dederetso agad sa small live account. i have no problems with that, since pwede rin yung ganun.
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 11, 2012, 01:12 AM
being serious does not grant a trader a license to trade live immediately.
kahit seryoso ka pa, kung hindi naman equipped with knowledge/experience, u will fail eventually.
with all due respect sir . . . ferrari

what better way to equip oneself with "experience" than doing it in a real live trading environment. Even the most knowledgeable and most experienced trader/investor can and will eventually fail. Remember LEHMAN Brothers. Even Albert Einstein . . . the greatest mathematician in the world at one point failed in his investments.

Nobody becomes succesfull without experiencing FAILURES. Failure is inevitable.

Its how you handle failure. That's why I mentioned "risk management."

Quote
please do not mistake passion/seriousness for knowledge/experience. they are ALL critically important but entirely different things.
I once read . . .

"Success is the passionate, persistent, progressive pursuit of a productive purpose."
                                                                                         
Tiger Woods, Michael Jordan, Bill Gates, Steven Spielberg and all the other great men have one thing in common . . . they all have PASSION. And they all have failures at one point.

I believe Michael Jordan did not gain the the experience in becoming one of the greatest basketball player by just reading books and playing Nintendo Basketball Simulation Games. He played the actual game and took risks. And Micheal got tons of failures during his entire basketball career.

And would you believe that Michael Jordan was once cut from his High School Basketball Team? He's a failure at one point in his life.


Quote
mahirap po magtrade na ang pinanghahawakan mo lang is 'akala mo alam mo na'.
by the way, even successful traders, may natututunan pa rin along the way.
learning is a never ending process d ba.

Exactly my point sir. Akala ng iba marami na silang alam dahil sa mga librong nabasa nila, mga advice na nasagap nila, seminars na in-attenand at dahil marunong na sila mag trade sa DEMO account.

Hangga't hindi nila ina-apply "in actual" lahat yun . . . .  "akala" pa lang lahat ng knowledge na yun.

And experience is gained once you do it in actual. Learning is indeed a never ending processs.

Quote
by the way, yung advice ko na magdemo is a general advice. angkop sating mga Pinoy yan kasi bihira naman sa atin ang mayaman and bawat Piso mahalaga (hard earned money).
of course, yung iba dederetso agad sa small live account. i have no problems with that, since pwede rin yung ganun.

IMHO, the word Mayaman is subjective.

One should not trade their "hard earned money" The force of FEAR will be stronger.

Like I previously mentioned . . . "risk management."



Again . . . with all due respect sir ferrari.
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 11, 2012, 01:42 AM
bucketshop trading firm sa Makati.
PFEC yung name. wala na sya ngayon or nag-iba ng pangalan. may thread yan dito.
kaya lagi ko sinasabi dito sa PMT na walang reliable FX broker sa Pinas.


whoaa! one of the more well known firms yon ha.. sinara sila for something na di clear and is actually being disputed.. i thing their boss is connected sa isang more "well known" firms ngayon.. haha
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 11, 2012, 01:45 AM
what better way to equip oneself with "experience" than doing it in a real live trading environment.
i never said 'do not trade live'. ang sakin lang, for most people, hindi dapat magtrade ng live agad, demo muna.
kung madali lang ang trading, why not mag-live trading agad. ang kaso, hindi e, mahirap & magastos pag hindi nag-ingat.

let me ask u some questions:
pag gusto mo magpiloto, sasabak ka ba kaagad sa 'live' environment at magpapatakbo ng actual airplane? No, demo/simulator ka muna.
pag seaman ka/gusto magkapitan, magko-command ka ba agad ng barko? no. simulator ka muna.
pag gusto mo mag-MMA/boxing, sabak ka ba agad sa live fight, o practice sessions/sparring muna?
pag may gyera, sasabak ka ba ng walang armas o bala/kulang bala (bala = knowledge/experience)? No. pero if u do, delikado ka.
ang sanggol ba kaya ng tumayo/tumalon agad? No. gapang, tapos tayo, tapos lakad, then run, jump, etc.
there is a process.

may mga sitwasyon wherein pwede ka kaagad mag-live, pero merong sitwasyon na mas sensible na magdemo muna.

Quote
Nobody becomes successful without experiencing FAILURES. Failure is inevitable.
in a demo environment, u can fail too. mas magastos pumalpak sa live environment. naexperience ko yun, pati ng ibang traders na nauna sakin/kasabay ko.
by the way, d ko sinabing iwasan or maiiwasan ang failure. not sure bakit mo binanggit yan.

Quote
Its how you handle failure. That's why I mentioned "risk management."
MOST new traders DO NOT have a concept of risk management. wala silang alam jan. kung meron man silang alam, kulang ang kaalaman OR hindi nila maipatupad.
nag-umpisa rin ako sa ZERO kaya alam ko rin yan.

I challenge u to ask each NEW trader u meet, 'ano ang risk management?', 'pano ang risk management mo?'.. karamihan sa kanila, guaranteed clueless.

Quote
"Success is the passionate, persistent, progressive pursuit of a productive purpose."
Tiger Woods, Michael Jordan, Bill Gates, Steven Spielberg and all the other great men have one thing in common . . . they all have PASSION. And they all have failures at one point.
u have made irrelevant points, since hindi ko naman kinokontra yang sinabi mo tungkol sa kahalagahan ng success/passion/failure.
hindi naman 'reading books' ang pagdedemo.
like i said, magkaiba ang passion sa knowledge/experience. i am not sure u understand that, Sir.

Quote
Exactly my point sir. Akala ng iba marami na silang alam dahil sa mga librong nabasa nila, mga advice na nasagap nila, seminars na in-attenand at dahil marunong na sila mag trade sa DEMO account.
ang pagte-trade sa demo account ay isang step lang sa isang mahabang proseso.
next step, ideally, ay small live account.

Quote
And experience is gained once you do it in actual
Demo IS an actual process. ang pinagkaiba lang, hindi live yung market price/environment, saka play money lang sa demo.


naiintindihan ko yung ibang sinabi mo, kasi ako halos d rin ako nagdemo.
pero base sa obserbasyon ko, mas pabor sa mga new traders na magdemo, at nakita ko na nakinabang sila sa pagdemo.
yung konsepto mo na pagtrade Live agad, pwede yan Sir. pero hindi applicable sa karamihan, lalo na sa Pinoy.
ang pinakita ko dito ay (hopefully) yung complete perspective regarding demo/live trading, kung ano yung + at - ng magkabilang panig.

With all due respect to you too, Sir
Title: Re: Filipino forex traders, converge here!
Post by: neat_chic on Jun 11, 2012, 02:04 AM
u guys have both been very straightforward and i find it really helpful for those who might consider fx trading. :)

konting comment lang:

Its how you handle failure. That's why I mentioned "risk management."

having been in the division for the past few years, i could say that risk management emphasizes on preventive controls rather (mitigating risk) than corrective (handling failure) or detective (uncovering potential failure). I guess if you are into risk management, you would be more interested in mitigating risk than investing most of the time and cost on the other two.

about not trading hard-earned money: maybe a better way to say it would be - for a start, trade what one can afford to lose? otherwise if we talk about not trading hard-earned money then that could mean an average pinoy should never trade at all.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 11, 2012, 02:21 AM
I guess if you are into risk management, you would be more interested in mitigating risk than investing most of the time and cost on the other two.
good point.

Quote
about not trading hard-earned money: maybe a better way to say it would be - for a start, trade what one can afford to lose? otherwise if we talk about not trading hard-earned money then that could mean an average pinoy should never trade at all.
opo, trade what one can afford to lose. iniba lang namin ngayon. :D

it would be unfair kung i-restrict natin ang karamihan sa ganitong negosyo, pero if we wanna be strict about it.... YES, trading is not for most Pinoys. it's not for most people, for that matter.

precisely why I said:
ang sakin lang, for most people, hindi dapat magtrade ng live agad, demo muna.
kung madali lang ang trading, why not mag-live trading agad. ang kaso, hindi e, mahirap & magastos pag hindi nag-ingat.
...
in a demo environment, u can fail too. mas magastos pumalpak sa live environment.
pero base sa obserbasyon ko, mas pabor sa mga new traders na magdemo, at nakita ko na nakinabang sila sa pagdemo.
by the way, yung advice ko na magdemo is a general advice. angkop sating mga Pinoy yan kasi bihira naman sa atin ang mayaman and bawat Piso mahalaga (hard earned money).

since bihira satin ang may maraming ipon/pera na pwede ipangnegosyo, ang panglaban natin ay knowledge+experience. we build this nearly risk-free in a demo trading environment.
ang trading kasi ay labanan ng capital at knowledge/experience.
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 11, 2012, 08:44 AM
Quote
let me ask u some questions:
pag gusto mo magpiloto, sasabak ka ba kaagad sa 'live' environment at magpapatakbo ng actual airplane? No, demo/simulator ka muna.
pag seaman ka/gusto magkapitan, magko-command ka ba agad ng barko? no. simulator ka muna.
pag may gyera, sasabak ka ba ng walang armas o bala/kulang bala (bala = knowledge/experience)? No. pero if u do, delikado ka.
ang sanggol ba kaya ng tumayo/tumalon agad? No. gapang, tapos tayo, tapos lakad, then run, jump, etc.
there is a process.
These are totally different to trading scenarios. “Buhay” ang nakataya dito not only yours but others as well... In trading, "money" (a piece of paper) is involved.

Quote
pag gusto mo mag-MMA/boxing, sabak ka ba agad sa live fight, o practice sessions/sparring muna?
This one I find true and correct . . . if one wants to learn MMA, sabak agad sa practice/sparring session. This way mararamdaman mo agad kung pano masaktan, mapagod at ma dismaya “live.”

I wouldn’t tell someone to acquire knowledge and experience by playing MMA through Sony Wii station para wag ka muna masaktan. Sa practice/sparring session . . . nasa sa iyo kung sino ang gusto mong makalaban (RISK) at hanggang saan sakit ang kaya mo.

Quote
may mga sitwasyon wherein pwede ka kaagad mag-live, pero merong sitwasyon na mas sensible na magdemo muna.
Point taken.

Quote
in a demo environment, u can fail too. mas magastos pumalpak sa live environment. naexperience ko yun, pati ng ibang traders na nauna sakin/kasabay ko.
IMHO, One can never fail/succeed in a DEMO environment. You don’t lose or gain anything. You only build the confidence/doubt of unconfirmed results.

Everyone can choose to stay in their "Comfort Zones" or can choose to "challenge their limits."


Quote
MOST new traders DO NOT have a concept of risk management. wala silang alam jan. kung meron man silang alam, kulang ang kaalaman OR hindi nila maipatupad.
nag-umpisa rin ako sa ZERO kaya alam ko rin yan.

I challenge u to ask each NEW trader u meet, 'ano ang risk management?', 'pano ang risk management mo?'.. karamihan sa kanila, guaranteed clueless.
I guess dyan pumapasok ang competence and comprehension of an individual.

Quote
u have made irrelevant points, since hindi ko naman kinokontra yang sinabi mo tungkol sa kahalagahan ng success/passion/failure.
hindi naman 'reading books' ang pagdedemo.
like i said, magkaiba ang passion sa knowledge/experience. i am not sure u understand that, Sir.
Well, at this point I have to rest my case on getting knowledge/experience through DEMO account trading.   :thankyou:




Let me just share 3 Golden Keys in Trading FOREX. According to Mario Singh . . .  100% of a traders success can be attributed to M.S.S. or simply:

Money Management = 30%
Strategy = 15%
State (State of Mind) = 55%

Strategy is WHAT to do
Money Management is HOW MUCH to do
State is TO do or NOT to do. And that is the real question.

Napakadaling sabihin ang hirap gawin.


While another individual states that "TRADING is actually 90% Psychology"


So which is which? Jut choose your poison.  :D


hth
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 11, 2012, 10:28 AM
These are totally different to trading scenarios. “Buhay” ang nakataya dito not only yours but others as well... In trading, "money" (a piece of paper) is involved.
Actually, buhay rin po ang nakataya kasi ang pera ay gamit natin para mabuhay. Most new traders make costly trading mistakes &/or trade money they can't afford to lose.
siguro sayo papel lang talaga yun, baka mayaman ka na. pero sa karamihan, kabuhayan ang nakataya.

Quote
Sa practice/sparring session . . . nasa sa iyo kung sino ang gusto mong makalaban (RISK) at hanggang saan sakit ang kaya mo.
that is not my experience. sa sparring, hindi ako ang namimili ng kalaban ko. Yung coach ang namimili  :D

Quote
I guess dyan pumapasok ang competence and comprehension of an individual.
You guess? So, you are merely guessing.
I've been a forum member in trading forums since 2005/2006, & actively posting since 2009. many traders are professionals & most of them are 3-20 years older than me. unemployed ako. how come mas marami ako alam/naiintindihan sa karamihan sa kanila? I even 'coach'/advise them.
My point is competence & comprehension in a prior profession DOES NOT always translate well into trading. may nabasa din ako dati, yung mga magagaling na tao, professionals like managers, lawyers, PhD's, etc na pumapalpak sa trading.
Trading is a different ball game.

It's great to spar with u. :D
Cheers
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 12, 2012, 12:51 AM
question guys, when you first started trading, did you make your own trading plan, or copied someone's trading plan, then adapted it for yourself?? or puro support and resistance lang kayo?? :)
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Jun 12, 2012, 01:06 AM
i'd say, those who disagree with experienced traders, let them experience how it is. how about this: "The more you sweat in training, the less you will bleed in battle." - Motto of Navy Seals. let the money burn, "papel" lang yan; let the body bleed, "buhay mo yan".
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Jun 12, 2012, 08:05 PM
question guys, when you first started trading, did you make your own trading plan, or copied someone's trading plan, then adapted it for yourself?? or puro support and resistance lang kayo?? :)

now is the right time for someone like urself to try everything out...

there are a thousand ways to trade...

there are 2 school of thoughts here...

one says to find a style/method that fits ur pesonality...they say that until u find the style/method that fits u, u will most probably abandon what u are currently doing and look for another system...but then, u have to realize that most systems have their periods of drawdowns...u are most likely to quit a system during theses times, just when they are about to make money...

the other school of thought says u have to undergo behavior modification because human nature, as molded by society, education and culture, is almost in the opposite polarity of how the markets work...

anyway, i assume ur still learning...good for u and good luck... :applause:
Title: Re: Filipino forex traders, converge here!
Post by: IGX on Jun 13, 2012, 09:53 AM
anong tip po gusto nyo?
pwede na po yung advice ko sa itaas (prior your post)
like in any business, basta committed ka at i-pursue mo, pwede talaga maging  sustenance nyo.

medyo iniisip ko na po kasi tumigil sa pagiging isang empleyado since single na (plugging) pwede na ako maging mas risk taker.

iniisip ko po kasi kung meron bang mga nabubuhay lang sa Forex, MF, UITF, TD, SDA bilang income nila?

and how are they doing, tulad nyo po, nabaso ko po na unemployed kayo, i assume Forex is one of your source of income?  kumusta naman po ang pagfoforex for 7-8 years na?

since natry ko mag live account for 3 months and sa huli lang ako nalugi, i'm willing to try it again but with a contingency plan in place.

any tip you can provide aside from previously posted will do :)

salamat FE :)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 13, 2012, 11:14 AM
hahaha. masarap magtrade pag walang istorbo (gf) :D

may nabubuhay sa MF, UITF, TD , SDA? meron siguro pero super konti lang siguro at kung meron man malaki ang kapital nila :D tapos ang MF, UITF, hindi yan reliable na source ng income/livelihood kasi prone to changing & volatile market conditions.
ang SDA hindi yata lagi offered ng banks, may panahon lang. +/-year 2008 lang ako na-expose sa SDA (ewan ko lang kung offered na yun dati pa).

ang forex ko, started 2005/2006, pero hindi tuloy tuloy yun. kasi early- to mid-2000s involve parin ako MLM, among other stuff.
2008/2009 ako nagfulltime sa FX trading.
malayo pa para maging satisfied ako sa performance ko (mataas standards :D ), pero experience wise, mejo malawak na.
malaking tulong yung pagiging unemployed, yung free time ko na-devote sa pag-aaral/practice/monitor sa trading & charts.

Sir, since may experience ka na pala at u are still showing interest sa pagtrade, I highly encourage u to get back into trading. this time, demo ka muna, for 6-12months (or until u show consistent success). kung gusto mo mag Live trading agad, maliit na kapital muna $1 - $100, tapos gamit ka ultra low leverage, tapos bawat trade mo maliit lang position size. pag sinunod mo yan, Guaranteed d ka na malulugi/hahaba ang buhay ng account mo.
if u need assistance, PM ka lang Sir, or post ka dito.

btw, I do not encourage u na magresign agad, Sir.
samahan mo pa yung boss mo ng at least 1-2years :D , habang nagdedemo ka, habang pinapalago mo savings+experience+trading confidence mo.
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 13, 2012, 01:37 PM
question guys, when you first started trading, did you make your own trading plan, or copied someone's trading plan, then adapted it for yourself?? or puro support and resistance lang kayo?? :)
Let’s try to make it simple. If you want to go to a certain destination yet unknown, you need a MAP. The map will probably show you several routes. You decide to take one route and head on that direction.

Now you have two choices, either you bring your map all the way or you can toss out the map mid-way and take a different route.

In trading, if you want financial success, you definitely need a M.A.P. It stands for:

Mentor
Attitude
Platform

You can’t just rely on your natural talent.  You need a mentor. The kind that . . . has already achieved financial success. And if I may emphasize . . . “has already achieved financial success.”

Your mentor will show you the proper Attitude. The Platform, in this case is trading currencies.

Look guys, Im no expert and certainly don’t have enough knowledge/experience YET . . .  unlike most of the active posters here. 

And I know mahirap tanggapin ang sinasabi ng isang bago . . . right? Its a natural human behaviour.

But I tell you guys, these ideas I’ve shared are not my own.  Im still in a very long way towards my goal actually.

These ideas come from not only expert traders but “have already achieved financial success through trading.”

Im just here to share.

I’ve seen their trades and how much they do . . . figures are so incredible that an average Filipino would really find it very hard to comprehend. I did.

Hindi naman paramihan ng post dito? And certainly hindi naman seniority?

Mas importante yata kung anu-ano ang mga nalalaman. Its the substance as they say.


To those who wants to enter the trading world. May I suggest these books.

Rich Dad, Poor Dad – Robert Kiyosaki (if this book didn't move you one bit . . . read it the second time)
Think and Grow Rich – Napoleon Hill
Disciplined Trader – Mark Douglas
Fooled by Randomness -  Nassim Nicholas Taleb (this one is intriguing)
The Black Swan - N.N. Taleb (hindi ko pa nababasa baka gusto nyong mauna tapos kuwento nyo na lang) :hihi:

These books will help you develop a winning mental attitude. 

As the experts say, Psychology plays a BIGGER role in trading far better than “knowledge and experience.”
(if you find this hard to believe . . . google up "Trading Psychology")

And in case you are still one of the average Filipinos who have a strong attachment to their “hard-earned” money . . . then these books will help you look at “money” in a different perspective. 




hth


Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Jun 13, 2012, 02:00 PM
^^^ good book recommendations, especially the "Fooled By Randomness" by Taleb...

if u are serious abt trading and u are not sure if u are on the right direction as far as trading is concerned, read this book...

if u can't even put the time to read the book, i'm afraid that fateful day will come in the future wherein...anyway, just read the book :hihi:
Title: Re: Filipino forex traders, converge here!
Post by: neat_chic on Jun 13, 2012, 02:53 PM
^

thanks for these suggestions!! saved me time googling :D
i need to take your advice regarding rich dad, poor dad.. i might need a refresher since i read it 10 years ago.. :thankyou:


No need to quote previous post
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 13, 2012, 03:03 PM
question guys, when you first started trading, did you make your own trading plan, or copied someone's trading plan, then adapted it for yourself?? or puro support and resistance lang kayo?? :)
natural naman sa umpisa, zero knowledge d ba.
so tendency is mag-explore at gumaya/kumopya. eventually, gagawa ka ng sarili mong diskarte/variation.

yung S&R, pwede mo gawing backbone ng trading strategy/system mo.
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 13, 2012, 04:28 PM
You can’t just rely on your natural talent.  You need a mentor. The kind that . . . has already achieved financial success. And if I may emphasize . . . “has already achieved financial success.”

Your mentor will show you the proper Attitude. The Platform, in this case is trading currencies.


read about this several times.. kaso dito sa pinas, parang puro manggagantso mga mentor. :)
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Jun 13, 2012, 09:21 PM
Napatimpla ako ng kape sa thread na to ah.
Dumadami na Fx Traders dito.
Ayos!
Title: Re: Filipino forex traders, converge here!
Post by: kambal825 on Jun 13, 2012, 09:25 PM
Meron po bang forex broker sa Pilipinas tulad ng citiseconline? Pwede po bang pang long term investment ang forex?  :huh: :whistle:   Pasensya na po sa tanong ko.... :D
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Jun 13, 2012, 09:38 PM
read about this several times.. kaso dito sa pinas, parang puro manggagantso mga mentor. :)

ya...when the "mentor" is really a good trader, why does he need to charge a beginner di ba?  :hihi:

unless he is not successful himself... :watchuthink:

anyway, to each his own i always say... :D
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 14, 2012, 12:22 AM
kaso dito sa pinas, parang puro manggagantso mga mentor. :)
kaya nga mas maigi, maging self-reliant tayo lahat :D
Gamitin ang internet :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 14, 2012, 01:50 AM
may gumamit na ba dito ng backtest software? what do you guys think about it?
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 14, 2012, 05:36 AM
I just couldn't believe what I'm reading about your ideas of mentorship.

read about this several times.. kaso dito sa pinas, parang puro manggagantso mga mentor. :)
Have you actually experienced this sir?

Yan problema sa karamihan ng AVERAGE Filipino . . . pag nakarinig lang ng "The Sky is Falling" madaling mapaniwala.

I just came from John Calub's Seminar about Forex Trading held at Rembrandt Hotel. And do you know who the guest speaker was? . . .  its Mario Singh himself.

John Calub is the Philippines No.1 motivational speaker. Before he even become successful, he had a mentor from the likes of Tom Peters, Tony Buzan and Jack Canfield to name a few. You can just google John Calub to learn more . . .

Mario Singh is the the No.1 International FOREX Expert/Trainer. He has appeared more that 50 times in CNBC Asia to discuss about the FOREX Market. You can also google him for more . . . .

And you know what's the best thing about this seminar? ITS ABSOLUTELY FREE!!

Held at the Penthouse of Rembrandt . . . fully airconditioned . . . comfortable seats . . . very good visual aids/sound system and with a complete group of STAFF.

And all that for just 3 hours (actually 4) of our very precious time . . .

In that seminar, Mario actually teached how to trade forex.  Most of you would already know what he just taught in the seminar but it would be great to actually hear them straight from an EXPERT.

Lahat naman siguro marunong nang mag basketball diba and how would you feel if Michael Jordan himself teach you to play basketball?


Bing Barredo a Filipino but a resident in P.N. Guinea and a student of Van Tharp Institute came here in the Philippines and conducted last April 2012 a Forex Trading Workshop also for FREE . . . actually he charged a "refundable" Php1,000.00 just to separate the "curious" from the "serious." After the seminar I got my money back!

Mark So, Expert Trader/Forex Trainer and founder of Forex Club Asia also hold seminars and workshops.

Kung meron mang totoong mentor na manggagantso then that's when your due diligence comes into play.

Of course there are seminars conducted by them  with a fee . . . but maybe you should try to look at it this way . . .

Do you remember Newton’s Universal Law?

“For every action, there’s an opposite reaction.” 

Or simply put it . . . You can’t have Something, out of Nothing!

Yung  iba, can't afford not willing to pay for the seminar/workshop fee would immediately say manggagantso lang yan or marketing scheme lang yan (the sky is falling) just to confirm they’re non-willingness.  That’s the same as “sour graping” isn’t it.

Even Warren Buffet, world’s greatest investor before he became what he is now also had a mentor . . . none other than Benjamin Graham.

Think of one successful man who didn’t have a mentor that helped them succeed. If there’s any.

Please don’t under estimate the importance of mentorship.

Others say use the Internet to educate oneself. That’s great . . . the internet holds almost all the “information” one needs.

Information but not  W I S D O M. You can hardly find WISDOM in the internet.  Wisdom comes from the very person who have conquered his/her chosen field.

You can choose the hard way (self-reliant) or the easy way (mentorship).

I’d choose the easy way. If its easy it must be better. And if its better it becomes easy and easier.

Please find the time to read the books recommended. It will put you in a better mindset.

Rich Dad, Poor Dad – Robert Kiyosaki (if this book didn't move you one bit . . . read it the second time)
Think and Grow Rich – Napoleon Hill
Disciplined Trader – Mark Douglas
Fooled by Randomness -  Nassim Nicholas Taleb (this one is intriguing)
You can add
Secret Code to Success - Noah St. John (Not related to trading but a very "powerful" book for developing a better mindset)



my two cents








Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jun 14, 2012, 06:58 AM
^Like you, I think it's not fair to make sweeping statements and conclude that a mentor is no good because he would not offer his services for free. Would you go to someone like Soros or Warren Buffet--to give an extreme example-- and expect them to teach you everything they know for a song?

Understand that I'm not necessarily saying you shouldn't try and learn forex-trading on your own. In fact, I consider myself basically self-taught. Nothing wrong with that either.

It's all a matter of choice (as I keep saying like a broken record).

Post Merge: 1339636676
Meron po bang forex broker sa Pilipinas tulad ng citiseconline? Pwede po bang pang long term investment ang forex?  :huh: :whistle:   Pasensya na po sa tanong ko.... :D

Hi. With the advent of the Internet, there really is no compelling need to confine yourself to local forex brokers. What's more important is to find one that's regulated and with a good reputation.

Re forex as a long-term investment, one has to be well-capitalized to do position-trading (that is, to hold trades for weeks/months on end). The higher the time-frame, the more you should be able to withstand bigger losses compared to someone trading intraday.
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 14, 2012, 03:36 PM
I just couldn't believe what I'm reading about your ideas of mentorship.
Have you actually experienced this sir?

Yan problema sa karamihan ng AVERAGE Filipino . . . pag nakarinig lang ng "The Sky is Falling" madaling mapaniwala.


Hi mighty tea. ok "manggagantso" is a strong word but most of this seminars are for people na walang kaalam alam sa forex and basically to open their minds to the possibilities with forex trading. All seminars naman ay ganyan. You can't expect to learn something within a day. And for me, mentorship is someone to guide you every step of the way, ala school or working under a boss. You might say you can contact this guys afterwards if you have questions, or set a meeting, pero goodluck if they can accommodate you if hundreds of people who attended their seminars are thinking of doing the same thing.

I might try Mark So or yung SRD school, may thread sa sight na ito. Although with Mark So, comments on this site say your better of with babypips school of pipsology, but his site gives statements that indicate mentorship, ie. guidance as you continue with trading. Mura lang naman ata seminar niya or baka free, won't hurt to check it out. With SRD naman, parang school pero mahal, not even sure if this continued, heard about it lang as a post on this site.

Personal experience is with a broker several years ago. Was attending their classes for two weeks and the guy really opened my mind to forex trading. kaso nga lang he was more interested in getting clients and making money of this clients. ie. making as much trades as possible. Brokers commissions are per trades.

May mentor ka ba mighty_tea? baka pwede mo share, o baka friend mo lang? :) Actually being mentored by a friend is better. :)  



  

Post Merge: 1339660320
Just like to add that this forums are great. Mejo parang mentorship narin. I went from going to a broker that says "walang kahirap hirap ang Php 100,000.00 / month (YEHEY!!!) to reputable experts that says "expect to lose USD 10,000.00 (HUH??, sana nag pyramiding nalang ako Php 10,000.00 lang mawawala, walang kahirap hirap pa) to people in forums who gives sensible advice and says making money out of this possible although you still have to be alert on who is sensible and who is not.. Cheers!!
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Jun 15, 2012, 12:44 AM
whoaa! one of the more well known firms yon ha.. sinara sila for something na di clear and is actually being disputed.. i thing their boss is connected sa isang more "well known" firms ngayon.. haha

1998 May MIFE (Manila International Futures Exchange) FX Futures Trading Firms namely Everich, MerriRich...etc... Napasarado ng SEC wala kase regulation.

2002 ata? Merrill Lynch (aka Merlin) closed shop dto sa pinas. Walang benta.

2002 PFIC (Phil Performance Inv. Corp) is an Investment House they trade your money yun nga lang tinakbo ng may ari. Ala Maddoff ponzi scheme.

Matinong Fx Broker dito pag may 15 to 50K  USD Tullett Prebon at CitiFx
Pag retail pasadahan mo ng isang buwan ang mga online brokers.


Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Jun 15, 2012, 02:06 AM

Pag retail pasadahan mo ng isang buwan ang mga online brokers.


Sir, anong ibig sabihin na pasadahan ng isang buwan? Trade ako sa kanila for 1 month?
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Jun 15, 2012, 06:52 AM
Sir, anong ibig sabihin na pasadahan ng isang buwan? Trade ako sa kanila for 1 month?

1 month to review feedback and check cases filed against them
karamihan sa online fx brokers may kaso sa CFTC CSYSEC FSA etc.
piliin mo yung may pina ka konting kaso.

demo ka pre ahh hmmm testing mo muna, suggestion ko mga tatlong buwan. Kelangan mo mag tatlong month end. 3 non farm payroll, 3 fomc, at tatlong winning trades

mangagalay kamay mo nyan. sanayin mo kaliwang kamay mo sa mouse.

good luck brad.
Title: Re: Filipino forex traders, converge here!
Post by: SAGAD on Jun 15, 2012, 09:06 AM
I just couldn't believe what I'm reading about your ideas of mentorship.
Have you actually experienced this sir?

Yan problema sa karamihan ng AVERAGE Filipino . . . pag nakarinig lang ng "The Sky is Falling" madaling mapaniwala.

I just came from John Calub's Seminar about Forex Trading held at Rembrandt Hotel. And do you know who the guest speaker was? . . .  its Mario Singh himself.

John Calub is the Philippines No.1 motivational speaker. Before he even become successful, he had a mentor from the likes of Tom Peters, Tony Buzan and Jack Canfield to name a few. You can just google John Calub to learn more . . .

Mario Singh is the the No.1 International FOREX Expert/Trainer. He has appeared more that 50 times in CNBC Asia to discuss about the FOREX Market. You can also google him for more . . . .

And you know what's the best thing about this seminar? ITS ABSOLUTELY FREE!!

Held at the Penthouse of Rembrandt . . . fully airconditioned . . . comfortable seats . . . very good visual aids/sound system and with a complete group of STAFF.

And all that for just 3 hours (actually 4) of our very precious time . . .

In that seminar, Mario actually teached how to trade forex.  Most of you would already know what he just taught in the seminar but it would be great to actually hear them straight from an EXPERT.

Lahat naman siguro marunong nang mag basketball diba and how would you feel if Michael Jordan himself teach you to play basketball?


Bing Barredo a Filipino but a resident in P.N. Guinea and a student of Van Tharp Institute came here in the Philippines and conducted last April 2012 a Forex Trading Workshop also for FREE . . . actually he charged a "refundable" Php1,000.00 just to separate the "curious" from the "serious." After the seminar I got my money back!

Mark So, Expert Trader/Forex Trainer and founder of Forex Club Asia also hold seminars and workshops.

Kung meron mang totoong mentor na manggagantso then that's when your due diligence comes into play.

Of course there are seminars conducted by them  with a fee . . . but maybe you should try to look at it this way . . .

Do you remember Newton’s Universal Law?

“For every action, there’s an opposite reaction.” 

Or simply put it . . . You can’t have Something, out of Nothing!

Yung  iba, can't afford not willing to pay for the seminar/workshop fee would immediately say manggagantso lang yan or marketing scheme lang yan (the sky is falling) just to confirm they’re non-willingness.  That’s the same as “sour graping” isn’t it.

Even Warren Buffet, world’s greatest investor before he became what he is now also had a mentor . . . none other than Benjamin Graham.

Think of one successful man who didn’t have a mentor that helped them succeed. If there’s any.

Please don’t under estimate the importance of mentorship.

Others say use the Internet to educate oneself. That’s great . . . the internet holds almost all the “information” one needs.

Information but not  W I S D O M. You can hardly find WISDOM in the internet.  Wisdom comes from the very person who have conquered his/her chosen field.

You can choose the hard way (self-reliant) or the easy way (mentorship).

I’d choose the easy way. If its easy it must be better. And if its better it becomes easy and easier.

Please find the time to read the books recommended. It will put you in a better mindset.
You can add
Secret Code to Success - Noah St. John (Not related to trading but a very "powerful" book for developing a better mindset)



my two cents










I have nothing against mentoring, i'm just wary of people teaching people how to trade when they  themselves aren't trading for a living...they are teaching for a living...

personally, i do not contest the idea that a good mentor can indeed help a new trader...

i myself had several mentors in the past, 2 actually...

one from the US who "guided" me through Price Action trading...

another from Austria, a floor trader, who actually trades for a living...

anyway, both of them had different styles, one was a chartist and the other one didn't even use charts... :hihi:

and their money management was on the extremes, one was ultra conservative, one defied the norm... :cool2:

and they didn't charge me a single dime...  :watchuthink:

mentorship, go for it...but be careful, that's all i'm saying...
Title: Re: Filipino forex traders, converge here!
Post by: RosendoCuyasen on Jun 15, 2012, 09:19 AM
This is a cool trading tread.. I'm a trader before but I quit.. hahaha.. pero dito parang magigising na naman ako..
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jun 15, 2012, 09:32 AM
^Welcome to the forum and to this thread, Rosendo.:-)
Title: Re: Filipino forex traders, converge here!
Post by: luckydragon88 on Jun 18, 2012, 11:51 AM
I'm not basically new to forex trading....

I was a forex trader before the internet age. Trading was done by brokerage firm and you need big investments to start to trade as in min of P250K which you could loose fast as in overnight. Most traders were not trained, we were only given basic training. When to enter and exit the market, how to calculate margin calls, profits/loss, etc. So you dont expect to come out a winner but more burned accounts due to poor training.

Most of this brokerage were closed already due to many people's money flying away overnight that prompted the government to close this "hk mafia firms".

Now that the internet is allowing small investors to participate in this biggest money tool of the decade, the interest of forex trading is coming back again and I'm glad to see many Pinoy forex traders in this forum.

I still consider myself a newbie and would like to learn more before trading again. I value all insights given here since most of them are posted by real traders.

Again, thanks to this forum and to the members who are sharing valuable insights in their trading experienced.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 18, 2012, 03:27 PM
Hello Sir luckydragon,
u are lucky, u already have a huge headstart compared to us.
I believe u are equipped to pursue your passion.

Do browse around and ask questions (here or thru PM).
U are way experienced than most of us, so I'm not sure if we can help :D
I'd also appreciate if u could share more stories about your experience :)
Title: Re: Filipino forex traders, converge here!
Post by: luckydragon88 on Jun 18, 2012, 08:05 PM
Sir Ferari,

I wouldnt say i am experienced here since its starting all over again,
nandyan pa din ang fear esp trading with your own money
and of course no matter how much you analyze the market
mahirap pa din maintindihan ang market factors
so i'm glad with this forum.

still in forex kindergarten pa din.
since did lost so much money before

ang advise ko lang:
sa newbies: treat your few investment as forex college tuition fee. nothing teaches better than real trade . You can win all the time with demo trade, but it doesnt matter, but once you start actual trade, THAT is what MATTERS kasi money mo na ang involve. If unsure stay out of the market.

Post Merge: 1340021384
would lke to add this:

Forex highs and thrills and lost will always be there. Its more challenging to trade forex because once you touch Margin Call and your in a loosing position you have to cut your loss compare to stock market wherein you can leave your position and pray hard the market will go ur way even after for a few years. Unlilke FOREX you loose quick and need to get off quick once the tide comes in. And if you are profiting, U need to get out quick also.
Title: Re: Filipino forex traders, converge here!
Post by: Gwargz on Jun 21, 2012, 08:28 AM
Forex, trading and related topics are very new to me. Not new to me is that I have some savings which qualifies for trading, say 100k. Now, my layman's question, how much possibly will my 100k earn in a year? Please educate me. Salamat po.

Post Merge: 1340238749
,,, if there is a broker in here who is interested with my little cash, kindly e-mail me na lang. Educate me. My email address is gwargz@yahoo.com. Tnx and God bless.
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jun 21, 2012, 09:21 AM
Hi. The usual suggestion for a forex newbie is to make babypips.com your first stop. There you'll get a bird's eye view of the forex-trading landscape. Then you'd need to do practice trading on a demo-account. Only after you've become profitable with your virtual trading should you open a live account. Don't rush!

Good luck...

Title: Re: Filipino forex traders, converge here!
Post by: leo0707 on Jun 23, 2012, 01:17 AM
Forex, trading and related topics are very new to me. Not new to me is that I have some savings which qualifies for trading, say 100k. Now, my layman's question, how much possibly will my 100k earn in a year? Please educate me. Salamat po.

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,,, if there is a broker in here who is interested with my little cash, kindly e-mail me na lang. Educate me. My email address is gwargz@yahoo.com. Tnx and God bless.

you can earn as much as you want but at the same time you can lose all your money. If that amount is out of hard labor, set aside for other things apart from trading. However, if you really want to trade, educate yourself, be familiar with everything related to trading, and practice in demo account. Educate, how? you can find almost everything on the internet. Start browsing 'forex market' in wikipedia and if something that you don't understand post it here..So what are you waiting for? start throwing questions now.. =)

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Does anyone here knows any market maker in cebu city? let me know please.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 23, 2012, 12:08 PM
^ Are you looking for a market maker or are you trying to promote one?

unless someone can tell me & prove otherwise, walang reliable Retail Forex broker sa Pinas.
saka brokers na market makers ay nabubuhay sa pamamagitan ng pag-ubos ng pera ng client because they trade against their clients.
so I advice newcomers to trade with reliable international brokers, tapos hangga't maari ECN broker kunin nyo, hindi market maker broker.
magresearch kayo, ako nagreresearch pa din :D
Title: Re: Filipino forex traders, converge here!
Post by: calbert on Jun 23, 2012, 09:05 PM
^ Are you looking for a market maker or are you trying to promote one?

unless someone can tell me & prove otherwise, walang reliable Retail Forex broker sa Pinas.
saka brokers na market makers ay nabubuhay sa pamamagitan ng pag-ubos ng pera ng client because they trade against their clients.
so I advice newcomers to trade with reliable international brokers, tapos hangga't maari ECN broker kunin nyo, hindi market maker broker.
magresearch kayo, ako nagreresearch pa din :D

Is it okey to do Forex Trading by relying with Signal Provider Performance using ZuluTrade?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 26, 2012, 03:31 PM
possible Sir.
pero hahanap po kayo ng matinong provider, w/c will take time AND money :D

mas maganda kayo na lang mismo parang mas malaking satisfaction
Title: Re: Filipino forex traders, converge here!
Post by: Mighty_Tea on Jun 27, 2012, 06:00 PM
Is it okey to do Forex Trading by relying with Signal Provider Performance using ZuluTrade?


Find the dumbest trader. Much more easier to find than the really good ones.

Then "trade against" them.  :watchuthink:



 :hihi:





Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Jun 27, 2012, 11:06 PM
^ mahirap hanapin Sir.
sobrang dami namin e. :)
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jun 28, 2012, 08:12 AM
^Speak for yourself, fE, lol.  :hihi:

Anyways, using signal providers like Zulu does/can work for some people PROVIDED they take time to at least learn  the basics (knowing how to size your positions is crucial here, imo). They also should study the style of their chosen trader thoroughly before actually signing up.
Title: Re: Filipino forex traders, converge here!
Post by: thetubafx on Jul 23, 2012, 01:17 PM
I am new to this forum. I am using price action signal, the only indicator I use is the 8 and 21 EMA to determine the trend of the market. I am looking on EURUS,GBPUSD,AUDUSD,and GBPJPY on a daily chart.

I hope we can exchange some ideas regarding forex trading here in the forum.

Title: Re: Filipino forex traders, converge here!
Post by: willalbert on Jul 25, 2012, 12:46 PM
what is the usual broker na ginagamit ng mga nagtatrade sa pilipinaas?

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hi thetubafx... what is your broker? or site?

thanks.

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ginagamit ko ngyon is www.easternmarkets.com - astig cla and napakadali ung platform nila... check nyo..
Title: Re: Filipino forex traders, converge here!
Post by: part_timer_lang on Jul 26, 2012, 01:45 PM
^@willabert, kelan po nagsimula ang easternmarkets sa forex? At gaano katagal mo na silang ginagamit?
Title: Re: Filipino forex traders, converge here!
Post by: arcaye on Aug 03, 2012, 03:20 AM
Hi everyone!  I am new to this forum.  I have been trading forex for 6 years and stocks for more than 10 years.  It was harder to trade back then because of unreliable internet connection and trading platform.  Nowadays, the execution is much faster and I can place a trade virtually anywhere.

Forex trading is not for those with weak stomach.  It takes calculated risk and discipline to succeed.  Experience tells me that emotions can be my own worst enemy.  The best piece of advice I can give is learn from your mistakes and dont give up!

Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Aug 03, 2012, 10:21 AM
^ wow, a very experienced trader. tuloy po kayo! (welcome!)
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Aug 03, 2012, 10:22 AM
^Nice to see more forex traders coming on board. Welcome...:-)
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Aug 03, 2012, 12:05 PM
Welcome po Sir Arcaye. We could really use good tips from veteran traders such as yourself.
We await your insights and wisdom.

cheers!
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Aug 03, 2012, 01:33 PM
^Hi, Senyor. Did you get to attend the Mandarin event with Kishmore M last night?  If so, how was it?
Title: Re: Filipino forex traders, converge here!
Post by: george88 on Aug 03, 2012, 04:50 PM
Sino kaya nakakakilala kay Marco one of best in forex trading...
Title: Re: Filipino forex traders, converge here!
Post by: denyx01 on Aug 03, 2012, 05:05 PM
Hi everyone!  I am new to this forum.  I have been trading forex for 6 years and stocks for more than 10 years.  It was harder to trade back then because of unreliable internet connection and trading platform.  Nowadays, the execution is much faster and I can place a trade virtually anywhere.


I agree... You need to conquer your emotions towards trading..especially you are handling your personal account.. Again reliable internet connection plays big role in your trading activity.. I had a very bad experience last night with ECB Draghi conference.. i had my EUR/USD buying at price level of 1.2240 early before the ECB decision results.. when the fundamentals or event arrive around 8:00PM  my buying gained for almost 145 points.. since the FOMC of America was released the same time and with Draghi disappointing result of unchange rates of ECB from 1.2390 level just a few min i saw my candle stick erasing what he gained earlier.Im trying to order the Take Profit then suddenly i lost my internet connection... then after 15 min... my almost 150 pips gone and i was left negative of 30 pips...  I feel horrible and thinking of writing a letter to my internet provider to complaint my lost opportunity in market... before the event i prepared earlier, did analyse the market very well and prepared my self for the up coming event last night... Yes, all my target price last night was hit.. but all of these didnt work because of my sucks intent connection....

:( 

Forex trading is not for those with weak stomach.  It takes calculated risk and discipline to succeed.  Experience tells me that emotions can be my own worst enemy.  The best piece of advice I can give is learn from your mistakes and dont give up!


Title: Re: Filipino forex traders, converge here!
Post by: arcaye on Aug 03, 2012, 10:23 PM
Believe me, i know how you feel.  It happened to me several times in the past and there was nothing i could do.  When trading fundamental news, every second counts.  Always have a backup plan for your unstable internet.  Get an iphone or android phone and a data plan from your service provider.  If your broker doesnt support mobile app, better move to the ones that do.
Title: Re: Filipino forex traders, converge here!
Post by: denyx01 on Aug 03, 2012, 11:18 PM
Wow.. last night i learn my mistake.. this evening i gained back what i had lost last night..though its not 100%.. TGIF.. lets wrap it up.. I will get back in the market next week...

Happy investing.... ^__^
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Aug 04, 2012, 03:28 AM
Welcome to the Darkside boys. Yup, Mario's speech was nasty. Lam kong feeling nyang gusto mong umiyak. KAMOTE talaga.

Short the Euro till 1.2330 then go long.
Set stops 80 pips away from the trendline.

Nga pala napansin ko rin nung bagsak eruo akyat Tanduay at Manila Jockey Club (PHISIX) 50%up!!! Loko tong mga multinational fund managers d2 napapagalaw din merkado sa pinas.

Eto brad baka kako makatulong.

(http://farm8.staticflickr.com/7273/7703700628_c2e04702f9.jpg) (http://www.flickr.com/photos/ayos/7703700628/)
EURUSD Established Pattern (http://www.flickr.com/photos/ayos/7703700628/) by ڰenyor™ (http://www.flickr.com/people/ayos/), on Flickr

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^Hi, Senyor. Did you get to attend the Mandarin event with Kishmore M last night?  If so, how was it?

Hi Prospera,

naku madame! di ako naka attend. inipit ako ng FOMC at Draghi news. Sakit sa tyan.
sayang nga di ko na silayan yung kishmore. babalik sya sa Aug 9 Thursday .. attend na ako.

punta ka na rin po ma'am.

 
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Aug 05, 2012, 09:54 AM
Create tayo ng Official Facebook page. Marami ring mga Pinoy Traders nag converge thru Facebook.
Title: Re: Filipino forex traders, converge here!
Post by: denyx01 on Aug 05, 2012, 08:28 PM
Agree ako kay Synapse, so we can share and post some helpful tips in trading..another thing, also to promote forex in Philippines...  ;)

Title: Re: Filipino forex traders, converge here!
Post by: calbert on Aug 05, 2012, 09:22 PM



Sir correct me if I'm wrong but if your using MT4 you can use Trailing Stop to avoid this type of scenario.
Title: Re: Filipino forex traders, converge here!
Post by: denyx01 on Aug 05, 2012, 11:48 PM
Welcome to the Darkside boys. Yup, Mario's speech was nasty. Lam kong feeling nyang gusto mong umiyak. KAMOTE talaga.

Short the Euro till 1.2330 then go long.
Set stops 80 pips away from the trendline.

Nga pala napansin ko rin nung bagsak eruo akyat Tanduay at Manila Jockey Club (PHISIX) 50%up!!! Loko tong mga multinational fund managers d2 napapagalaw din merkado sa pinas.

Eto brad baka kako makatulong.

(http://farm8.staticflickr.com/7273/7703700628_c2e04702f9.jpg) (http://www.flickr.com/photos/ayos/7703700628/)
EURUSD Established Pattern (http://www.flickr.com/photos/ayos/7703700628/) by ڰenyor™ (http://www.flickr.com/people/ayos/), on Flickr

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Hi Prospera,

naku madame! di ako naka attend. inipit ako ng FOMC at Draghi news. Sakit sa tyan.
sayang nga di ko na silayan yung kishmore. babalik sya sa Aug 9 Thursday .. attend na ako.

punta ka na rin po ma'am.

 

Hi... Is Kishmore will conduct technical seminar again? If ever, where will be the venue on August 9? Is there something that i need to provide or fees to pay beforeing join the seminar?  I want to visit to see Kishmore technical and also to meet some forex trader to exchange helpful opinions in regard FX trading activity..

;)  Thank you

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Ive heared that belmonte of Quezon City will help to promote FX trading here in the Philippines..  I hope their intentions are good, so that they can support us as traders, as well as to help educate filipinos to have some additional knowledge and options when it comes to Money Market Business/Investment.  I also wish to have an organization, where all the traders will unite to have one goal, which is to boost the activity of trading and also to share and educate everyone the good about Forex.. I really look forward to it one day.. 

Actually I am thinking of making a Fan page or an official account at FB or twitter.. Just to keep us here posted what is going on to all Filipinos FX traders...and what is going on in the market...and what is going to happen next..opinions, inquiries, comments, and sentiments towards FX trading will be a great guide to everyone of us here...



Sana..meron din tayong EB ;) opinion ko lang to...

Salamat...
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Aug 06, 2012, 02:10 AM
August 9, 2012 Thursday Mandarin Hotel Mahogany Room 7pm to 9pm
natawagan lang ako ng certain Micah. Drop her a text 0915.802.4810
para ma reserbahan ka ng upuan. Libre  to

Sa Interbank madaming fx  traders may MART Money Market Assoc of Philippines.
Sa mga retail gaya natin dito, konti lang but it is growing.
Konti relative sa ibang financial instrument because of poor money management
and negative notion na delikado.
Sa stocks madami kase low risk high return.

ayus yang  social media.  We await your kick off.
 Shall we expect by September to be up and running.
All the best!

Note: Price Risk Low Return High Reward Trading Plan for August 2012
(http://farm8.staticflickr.com/7252/7718169430_2be3f7d6d5_z.jpg) (http://www.flickr.com/photos/ayos/7718169430/)
EURUSD PRICE RISK August 2012 Trading Plan (http://www.flickr.com/photos/ayos/7718169430/) by ڰenyor™ (http://www.flickr.com/people/ayos/), on Flickr



Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Aug 06, 2012, 02:27 AM
Sir denyx01,
may link ka ba ng balita tungkol jan kay belmonte?
naghanap tuloy ako. :D
Salamat!
Title: Re: Filipino forex traders, converge here!
Post by: denyx01 on Aug 06, 2012, 06:39 AM
Hi FE.. one of my friend attended  the Money market held somewhere in QC, then Belmonte  mentioned about programs related in Banking and financial activities including forex.  ;) Will see if one of these days may lalabas na balita about it.  How i wish really...


BTW..Good Morning and Happy Trading to all :)

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Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Aug 09, 2012, 09:50 AM
hi guys. to those who are interested of setting up a forex group. i was suggesting months ago to put up one in SKYPE. actually it was to be named "Forex Pilipinas". any more of you guys want to join? we will have the following goals in mind:

1. to discuss the market in real time.
2. to share ideas on trading setups occuring.
3. to know each other and promote FX trading in the philippines.

im really into this. if you want to join. just add me to skype. PM me your skype usernames. thanks! more power to pinoy FX traders!
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Aug 09, 2012, 05:42 PM
Skype Group is a good idea. Setup it now bro .. para dun tayo mag converge.
Title: Re: Filipino forex traders, converge here!
Post by: jerbersoftfx on Aug 09, 2012, 06:41 PM
im looking forward for the group to materialize. early this year pa ata namin ginawa ni sir SAGAD yung group pero walang ibang nagjoin. lols. the invitation died away. hope this time it's bigger.
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Sep 08, 2012, 02:22 AM
im looking forward for the group to materialize. early this year pa ata namin ginawa ni sir SAGAD yung group pero walang ibang nagjoin. lols. the invitation died away. hope this time it's bigger.
meron na ba neto?
Title: Re: Filipino forex traders, converge here!
Post by: cutiepinoy on Sep 08, 2012, 08:43 AM
hello po, i'm new to forex trading... gusto ko sana malaman kung legit forex broker ang easternmarkets, i'm not planning to invest more but did get some pretty decent earnings yesterday trading gold and silver
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Sep 08, 2012, 05:05 PM
its a good idea to have a Live group discussion
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Sep 09, 2012, 02:43 PM
looking forward for this group mga sir. sa FB group pwede rin po. :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: Marlon77 on Sep 09, 2012, 06:26 PM
Good day po sa lahat, i'm new to this site. Naghahanap po ako nang pinoy forex traders. Ask po ako kung saan tayo pwedeng mag invest para sa forex. Nagsimula napo akong mag aral tungkol dito. Kindly guide me kung paano po magsimula. May na contak napo ako na mag tutor online pero d pa po ako naka pag simula. I read books and topics on how to read graphs and trends. Nagsimula na rin akong mag open nang pre trial account. Thank u po.
Title: Re: Filipino forex traders, converge here!
Post by: denciospy on Sep 12, 2012, 11:02 AM
hi newbie here, interested po ako about forex trading, hope to learn here
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 12, 2012, 11:22 AM
in behalf of everyone, welcome sa inyo Sir Marlon and Sir dencio!

Sir dencio,
pwede rin kayo matuto sa http://www.babypips.com/school/
at sa www.forexfactory.com
post questions if you have any. for TA/Technical Analysis matters, you can also PM me.
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Sep 12, 2012, 01:24 PM
hello po, i've been here in pmt for quite some time now. actually kaya lang ako napadpad dito is to find some referrals for my online programs.
I really want to have an alternative source of income online since ang trabaho ko naman ay medyo maluwag sa oras. But what happened was i became financially aware and started to expand my horizon of investments. I tried options trading several months ago (before i came here) and blew my account in just 8 hrs. :wall: But somehow, gusto ko paring umulit PERO aral-aral muna. As of now, im backreading and at the same time studying sa babypips. (kindergarten pa lang :) ) - thanks sa link guys!

Sana po ay maging successful fx trader din ako someday like you guys.   :idol:
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Sep 12, 2012, 02:47 PM
^Good for you, fm12. I think it's a decision you won't regret having made. :-)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 12, 2012, 03:16 PM
Sir freeman,
ang isang masasabi ko... never quit! :D
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Sep 13, 2012, 03:48 PM
Does anyone know a mt4 script na pwedeng mag dry run for practice ng past bars?

parang practicing offline, you can trade a specific time before to current time. pwede mo ma-replay yung trade sa oras na yun at pwede mo rin bilisan yung oras. I need this to test my strategy offline sa nakaraang bars at di na kailangan mag practice during live lang.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 14, 2012, 06:52 AM
Sir magbigay ka pa ng details, mejo malabo e.
pero posibleng may naencounter na akong ganyan dati. either script or EA or application, yung nakita ko dati, d ko lang maalala kung saan. sa forex factory yata. subukan ko hanapin.

or, pwede ka naman mag manual backtest sa MT4 (or gamit strategy tester --d ko masyado nagamit to. more on manual b.test ako)
kung gusto mo mag umpisa sa isang specific time period, pwede naman yun scroll back ka lang d ba... or ita-type mo yung date or/with time (d ko kabisado yung latter).
Title: Re: Filipino forex traders, converge here!
Post by: denciospy on Sep 14, 2012, 07:41 AM
thank you sir ferrari
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Sep 14, 2012, 07:44 AM
@Lw: Why not post a query at FF? I'm almost sure you'll get your answer there in record time.
Title: Re: Filipino forex traders, converge here!
Post by: denciospy on Sep 14, 2012, 07:53 AM
may sched po forex seminar this coming sept 15 Mandarin Oriental Hotel,
Mahogany Room, Level 4 by Kishore M, hope maka attend ako next time if may ibang sched date.
Good luck po sa maka attend
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Sep 14, 2012, 11:31 AM
Ferarri, ganito yun parang pwede mo i-replay uli yung chart base on historical bars, for example i-replay mo lang yung data for last week until yesterday. para di na kailangan mag practice tuwing live lang, pwede mag practice kahit offline
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 14, 2012, 11:42 AM
eto Sir, naalala ko na.
vhands saka yung kay Quantem
http://www.forexfactory.com/showthread.php?t=70742

yan subukan mo. d ko pa nasubukan yan
 :D
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Sep 14, 2012, 12:05 PM
maraming salamat po sa support ni sir ferrariEverest at mam Prospera. :)
Ang saya palang mag-aral sa babypips, i really enjoy the author's humour. Ngayun i'm past the candlesticks and kinda stuck sa fibs po. When i study, nagoopen po ako ng live chart para makita yung examples pero most of the time, when i spot an example, say a hanging man which is supposed to be followed by a bearish candle stick, it doesn't happen.

Guys how long can you hold on to a demo fx account?


Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Sep 14, 2012, 12:11 PM
Maraming salamat Ferrari :D
Title: Re: Filipino forex traders, converge here!
Post by: axljackass on Sep 14, 2012, 01:09 PM
mga sir at mam ask ko lng po kung anong platform ang pwede kong gamitin if my BPI Online ako?

gusto ko kasi gamitin yung peso account ko from BPI.

Thanks
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 14, 2012, 01:52 PM
Sir freeman,
sa demo MT4
merong 30day trial lang, merong unlimited basta mag place ka ng kahit isang trade sa bawat bwan

Sir axl,
wala pang partnership sa local banks ang FX trading. hindi gaya ng local stocks.
kailangan mo mag open sa international brokers. walang reliable fx broker sa Pinas.
visit mo FX broker websites to learn more.
check mo sites ng Oanda, pepperstone, alpari, fxpro, mbtrading, dukascopy, etc. research mo mabuti at mag demo trade ka ng matagal bago ka mag open ng live account.
post questions if u have any.
Title: Re: Filipino forex traders, converge here!
Post by: bloomerman on Sep 14, 2012, 04:40 PM
mga sir at mam ask ko lng po kung anong platform ang pwede kong gamitin if my BPI Online ako?

gusto ko kasi gamitin yung peso account ko from BPI.

Thanks

In Oanda, kelangan mo magpasa ng required documents to confirm your BPI account (e.g. bank statement), after that, sa Deposit facility nila meron dun bank transfer, after filling up the the deposit request, oanda will email you the bank transfer request. All you have to do is to go to you branch of account and request for wire-transfer from you bpi account to your oanda account. Submit the emailed information sent by oanda... If ndi pa rin clear, just PM me or seek help from Ferrari, he's the most realiable member here about FX... Hope I was able to help you a bit....
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Sep 16, 2012, 01:50 AM
may sched po forex seminar this coming sept 15 Mandarin Oriental Hotel,
Mahogany Room, Level 4 by Kishore M, hope maka attend ako next time if may ibang sched date.
Good luck po sa maka attend

Brad favor, last time I attended I missed out the 100% accuracy technique # 3 ata yun sa mga tips nya.

Would appreciate if you can note it down and share it with the rest of PMT members.
That technique is a goldmine.

Thanks in advance.


Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Sep 16, 2012, 02:04 AM
^serious ba kayo?? thought seminars are beginner topics lang
Title: Re: Filipino forex traders, converge here!
Post by: Senyor on Sep 16, 2012, 02:25 AM
attend  po ako seminars to rediscover basics and new techniques from different pros.
mahirap ma obsolete.

Title: Re: Filipino forex traders, converge here!
Post by: bzboi on Sep 18, 2012, 06:58 PM
attended that preview last saturday on kishore m, looks very much a marketing rather than trading, they try to sell you a rosy outlook, seems like no risk sure thing trading, charging usd 1500 for the seminar!
Title: Re: Filipino forex traders, converge here!
Post by: alchemist625 on Sep 19, 2012, 01:07 AM
Hi sa lahat! Ayus po para sa mga newbie tulad ko magkaroon ng skype group. Sana po open sa lahat. :D Suggest lang po...baka possible din magkaroon ng "Share & Learn time", ung parang ung mga veterans maging speaker at magturo. Kahit may minimal fee just to cover the venue, etc. Para matulungan mapabilis ang learning curve ng mga newbies. Kapag veteran na naman kaming mga newbies, kami naman mag "pay it forward" in the future. Sana pwede. :watchuthink:
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 19, 2012, 07:58 AM
attended that preview last saturday on kishore m, looks very much a marketing rather than trading, they try to sell you a rosy outlook, seems like no risk sure thing trading, charging usd 1500 for the seminar!
$1500? LOL
guys wag na kayo magseminar, sayang lang. ilagay nyo na lang sa account nyo yung $100 to $500, tapos yung sobra lagay nyo muna sa bangko/time deposit/SDA, habang nagdedemo at aral kayo.

matagal ko na sinasabi at naisip na more on marketing yan si kish. nag eemail pa yan e. may mga email ako nyan for 3-6 years na.

Hi sa lahat! Ayus po para sa mga newbie tulad ko magkaroon ng skype group. Sana po open sa lahat. :D Suggest lang po...baka possible din magkaroon ng "Share & Learn time", ung parang ung mga veterans maging speaker at magturo. Kahit may minimal fee just to cover the venue, etc. Para matulungan mapabilis ang learning curve ng mga newbies. Kapag veteran na naman kaming mga newbies, kami naman mag "pay it forward" in the future. Sana pwede.
you dont need a venue, pwede naman yan online lang. libre, d ka pa babyahe/mamamasahe.

pwedeng pwede naman yang skype or chat.
ginawa ko na po yan. may free chat group ako (for selected members na international traders) since last year (revived on feb.2012 kasi naging inactive yung room  :hihi:) pero d active at specific ang topic/goal ko (trading ng price action)

eto po ang problema jan sa mga ganyan
pag new traders at experienced traders ay nagsama sa isang chat group/live trading room, at WALANG specific topic/goal... halo halo, chopsuey, labo labo kayong lahat dun. halo halo ang comments at questions. kaya ganyan kasi magkakaiba ng level ng knowledge at experience, tapos magkakaiba ng strategy/techniques.

not all your questions will be answered, or at the very least, hindi masasagot ng tama or sapat.

isa pang issue jan ay maraming off topic questions, mag chichikahan, etc. :D

isa pang issue: imagine 50 traders are in a chat room, at SABAY SABAY kayo nagtanong or nag post, sa tingin nyo masasagot lahat yung tanong nyo? or may matatabunan na tanong/comment? of course, may matatabunan, hindi yan maiiwasan. kailangan may solusyon yang part na yan.

another issue is lalong maguguluhan yung new trader, kasi nagsama sama ang maraming traders sa isang chat room. for example ang gusto matutunan ni trader1 ay topic X. imbis matuto about Topic X, ang maririnig nya ay tungkol sa topic Y, topic Z, topic A. in other words, hindi naging focused ang learning mo.

another issue na dangerous is pag may traders na nag offer ng 'free live trading buy/sell signals'. since yung trader na yun ay trading BASED on his knowledge and experience, sya lang nakakaintindi ng buy/sell signals nya. pag ginaya yun ng new traders at nagkaproblema yung trade, hindi alam ng new trader papaano magrespond kasi kinopya lang nya yung buy/sell signal.

kung gusto nyo ng skype/chat group, importante na:
1. may rules
2. may guidelines
3. may disiplina ang traders
4. may specific purpose/goal
5. may commitment ang traders to attend the group/room
6. chat room ay base sa level of experience or at least nakafocus sa pagtulong sa new traders
yung 1 to 4 na-implement ko yan dun sa chat room ko. ako kasi ang admin/moderator, bawal pasaway sakin e  :watchuthink:. ang maganda dun kasi kilala ko at ako pumili dun sa mga traders to join the room (by invitation lang).
yung 5 hindi lahat committed or at least busy or dahil sa timezone difference (taga UK, Poland, Pakistan, Japan/China yung traders na kasama ko, so magkakaiba kami ng oras; yung iba ay employed, etc.)
sa 6, wala kaming issue kasi may common knowledge/experience kami (trading ng price action at support/resistance), so wala halos kalituhang nagaganap pag may nagpopost dun
nagchichikahan rin kami syempre  :hihi:

kung libre, seseryosohin ba? may aattend ba?
kung may bayad, seseryosohin ba? may commitment ba? ano ba gusto nyo matutunan? may aattend ba? e iilan lang tayo dito, gaya ng lagi ko sinasabi, sampu lang tayo dito e :hihi:

whether paid or free, you need RULES AND GUIDELINES. NAPAKAimportante nyan. kung gusto nyo ng paid, dapat sulitin nyo at lagi kayo umattend  :D
Title: Re: Filipino forex traders, converge here!
Post by: bzboi on Sep 19, 2012, 10:04 AM
$1500? LOL
guys wag na kayo magseminar, sayang lang. ilagay nyo na lang sa account nyo yung $100 to $500, tapos yung sobra lagay nyo muna sa bangko/time deposit/SDA, habang nagdedemo at aral kayo.
matagal ko na sinasabi at naisip na more on marketing yan si kish. nag eemail pa yan e. may mga email ako nyan for 3-6 years na.
you dont need a venue, pwede naman yan online lang. libre, d ka pa babyahe/mamamasahe.
@FerrariEverest, thanks for the comment, i do feel its a rip-off, marketing and not trading, everything advertised looks so easy and risk free. Also checked sa net, may mga instances caught on camera which makes people doubt his training and methods. Even the way they try to entice clients to take the seminar is a ripoff.
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Sep 23, 2012, 07:29 PM
Mag Babypips na lang kayo... FREE pa :)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Sep 24, 2012, 08:12 AM
^ oo, ok yan, kaya sinama ko yan sa listahan ko dun sa thread ko. dami pa ibang useful links (trading-related) dun, libre lahat :D
http://www.pinoymoneytalk.com/forum/index.php?topic=35592.0
Title: Re: Filipino forex traders, converge here!
Post by: Yesa on Oct 10, 2012, 12:58 PM
Great Day! Pano ko makakasali sa trading business nyo?
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 10, 2012, 01:39 PM
what do you mean?
ang trading business ay individual po. mag oopen kayo ng sariling account at kayo magte-trade.
bago nyo gawin yan, maglaan muna kayo ng time commitment para sa pag-aaral at practice kasi mahaba habang byahe ito :D
Title: Re: Filipino forex traders, converge here!
Post by: denciospy on Oct 10, 2012, 05:14 PM
Brad favor, last time I attended I missed out the 100% accuracy technique # 3 ata yun sa mga tips nya.

Would appreciate if you can note it down and share it with the rest of PMT members.
That technique is a goldmine.

Thanks in advance.



naka attend po ako pero  marketing promotion yong ginawa nila, may 3 days seminar sila  with a BIG FEE of $1500
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Oct 10, 2012, 08:56 PM
Kapag si Boss FE ang mag seminar.. kahit merong bagyo.. pupunta ako ng Manila.. hahahaaha
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 10, 2012, 11:50 PM
denciospy,
salamat Sir sa pgkumpiram mo sa sinabi ni bzboi


Synapse,
hahaha :D
Sir, KUNG matuloy man, online sharing/info exchange tayo, d na kailangan bumyahe, tipid sa gastos. :D
next year pa yun at d pa sigurado, so wag muna umasa :D
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Oct 24, 2012, 03:45 AM
Hello po sa lahat,
engrventz po from pasig pero d2 ako ngayon sa middle east nagtatrabaho. lagi lang akong basa mode d2 sa PMT kc busy pa rin sa pag aaral ng FX at sa trabaho.I have been trading for almost 3 yrs. now kay novice pa rin :) maganda ang time zone d2 for trading kasi sakop lahat ng active trading hours.palagay ko 1% pa lang ang knowledge ko sa Forex though marami na rin akong napag-aralan pero kulang pa rin talaga. I have blown my 2 accounts already kaya ngayon conservative na ako  :) Gusto ko matuto pa sa mga guru d2 at magshare din sa abot lng ng aking makakaya.

Happy pipping sa lahat at mabuhay ang pinoy!
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Oct 24, 2012, 05:19 PM
^Hi. I don't know where the rest of the gang are but I'm certain they'd be as thrilled as I am to have more forex traders like you join us here in the forum.:-)


Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Oct 24, 2012, 08:31 PM
Thanks Ma'am Prospera. I hope that we can build strong relationship with fellow pinoy traders kahit small time lang ako :)
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Nov 03, 2012, 08:59 PM
Mga naghahanap ng ebooks for forex stocks etc. try the links below habang open pa. Enjoy!

http://www.fxf1.com/english-books/
Title: Re: Filipino forex traders, converge here!
Post by: JonathanLouReyes on Nov 23, 2012, 03:43 PM
Hi sa lahat! Ayus po para sa mga newbie tulad ko magkaroon ng skype group. Sana po open sa lahat. :D Suggest lang po...baka possible din magkaroon ng "Share & Learn time", ung parang ung mga veterans maging speaker at magturo. Kahit may minimal fee just to cover the venue, etc. Para matulungan mapabilis ang learning curve ng mga newbies. Kapag veteran na naman kaming mga newbies, kami naman mag "pay it forward" in the future. Sana pwede. :watchuthink:

Hi! i think thats a wonderful idea! did you start a skype group already? i can help you guys with your analysis if you like

Post Merge: 1353656846
Great Day! Pano ko makakasali sa trading business nyo?

Hi! trading is an individual thing. you can trade virtually anywhere as long as you have internet access. have you started on your way as a forex trader? pm me if you want me to guide you
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Nov 27, 2012, 09:21 AM
 :hello: hi po... newbie po ako dito.. ask ko lang po kung pwede b na USD/Php ang mga currency n ittrade ko? or dapat yung mga major currencies lng ang pwede?
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Nov 27, 2012, 09:29 AM
^hinde
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Nov 27, 2012, 01:45 PM
magkano po ba needed na starting capital para makapag umpisa ng forex trading?may mga seminars po ba or courses na pwedeng kunin to fully understand how trading works, how to maximize profit and minimize losses? ty po.
Title: Re: Filipino forex traders, converge here!
Post by: JonathanLouReyes on Nov 27, 2012, 02:21 PM
magkano po ba needed na starting capital para makapag umpisa ng forex trading?may mga seminars po ba or courses na pwedeng kunin to fully understand how trading works, how to maximize profit and minimize losses? ty po.

Hi, I already replied to your PM. anyway, the initial capital depends on which broker you sign up for. some brokers require at least $1000 while some require only $100.

yes there are several seminars and courses around that teaches you trading, like what i give to my students. but the content really depends on the speaker/mentor. there are good ones around, and there are ones that are just misleading.
Title: Re: Filipino forex traders, converge here!
Post by: JackBanzon on Nov 28, 2012, 04:27 PM
Hi guys! It's my first time to be here. Though I'm not a trader, I'm learning Forex through self study and have 2 demo accounts. So far I learned Candlesticks,SMAs, Breakouts and when is the right time to trade a session.

At present, I'm trying to discipline myself not being too emotional before I trade. I have discovered that being too emotional makes you gamble a lot in Forex like a Roulette table, and that's not a good thing. So I have created my own guidelines and strategy, trying to be careful next time I trade, not to over-leverage or stay in the market far too long. So far my guidelines and strategy are working. :)

Currently my most favorite time for me to trade is the Tokyo Session.

 

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^serious ba kayo?? thought seminars are beginner topics lang

Yeah I agree. I observe these most of these seminars are beginner topics. And they make you pay ridiculous fees to learn them. I suggest you stay away from them.

Guys, if you are a beginner when it comes to trading, I suggest you go to www.babypips.com (http://www.babypips.com) and learn the ways by yourself.
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Nov 28, 2012, 07:27 PM
$1500? LOL
guys wag na kayo magseminar, sayang lang. ilagay nyo na lang sa account nyo yung $100 to $500, tapos yung sobra lagay nyo muna sa bangko/time deposit/SDA, habang nagdedemo at aral kayo.
$100 - $500, safe ba toh sir?? di ka ba madali mastop out? and what leverage will you use?
and do you recommend a trading system na ok?? i know trading systems won't work for different people because of their psychology pero i'd like to have a "template" system i can start with for demo and cguro adjust it nalang later to fit my personality.. pm me if you don't want to appear like you are adhering to particular system.. thanks.
Title: Re: Filipino forex traders, converge here!
Post by: JackBanzon on Nov 29, 2012, 12:21 AM
Here's a suggestion to all you newbie guys who wants to go into Forex trading. In your beginner demo account, challenge yourselves by choosing the least amount of money to trade. For example, on Metatrader 4, don't choose the 5,000 and up value, get the 3000. Then  pretend real hard that this is real money so that you can trade seriously with it.

Then try to top your 3k to 5k. It might take you months to reach this value, but if you are successful, you might be ready to trade with real money.
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Nov 29, 2012, 02:01 AM
$100 - $500, safe ba toh sir?? di ka ba madali mastop out? and what leverage will you use?
and do you recommend a trading system na ok??
oo naman Sir, safe. basta gamit ka sobrang babang leverage 5:1 up to 20:1, tapos whenever you trade, maliit na position size lang.
maniwala ka, mahirap maubos ang capital mo pag ganyan ginawa mo  :D

sa system, mahirap talaga magrecommend Sir.
ang pwede mo gawing template/foundation ay support at resistance.
check mo yung link dun sa post #1 ng thread ko, yung kay James16. dami pa iba links dun. pwede ka rin post questions dun.
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Dec 02, 2012, 02:18 AM
Here's a suggestion to all you newbie guys who wants to go into Forex trading. In your beginner demo account, challenge yourselves by choosing the least amount of money to trade. For example, on Metatrader 4, don't choose the 5,000 and up value, get the 3000. Then  pretend real hard that this is real money so that you can trade seriously with it.

Then try to top your 3k to 5k. It might take you months to reach this value, but if you are successful, you might be ready to trade with real money.

Actually ito ang ginagawa ko .. For 3 months na. Now I opened a demo of 5K .. and will try to fold it at the end of the year ;)
Title: Re: Filipino forex traders, converge here!
Post by: JackBanzon on Dec 06, 2012, 11:19 PM
Actually ito ang ginagawa ko .. For 3 months na. Now I opened a demo of 5K .. and will try to fold it at the end of the year ;)

Oh btw, when I mean by "top", I meant was "try to double/increase the amount".

Anyway, that's great to hear, Synapse. Good luck on your demo account. Although I was told that December is not a good month to trade because of the holidays.
Title: Re: Filipino forex traders, converge here!
Post by: totscalilari on Dec 07, 2012, 01:04 AM

Synapse,
hahaha :D
Sir, KUNG matuloy man, online sharing/info exchange tayo, d na kailangan bumyahe, tipid sa gastos. :D
next year pa yun at d pa sigurado, so wag muna umasa :D

VERY interested ako dito if ever matuloy... pero baka ala ako macontribute.. tingin tingin at masid masid lang
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Dec 08, 2012, 08:56 AM
Hehehe.. Sana nga matuloy eh. Learn from the experienced traders and experts :)
Title: Re: Filipino forex traders, converge here!
Post by: JonathanLouReyes on Dec 10, 2012, 11:01 AM
Hi everyone! I see that there are a lot of experienced traders in the forum. namely ferrari, prospera and may more. I believe that its a great plan to have a regular skype conference, at most once a week for just 30 mins. Anyone can join in, share their thoughts and learn from each other. I would like to start it. there will be a lot of movement in the market on january 1, so its best to have everyone's thoughts together as soon as possible. so ill need your help on this. do you think that every monday night or tuesday night would be a good time?
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Dec 11, 2012, 12:17 PM
That's a good idea :)
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Dec 11, 2012, 12:51 PM
Hi everyone! I see that there are a lot of experienced traders in the forum. namely ferrari, prospera and may more. I believe that its a great plan to have a regular skype conference, at most once a week for just 30 mins. Anyone can join in, share their thoughts and learn from each other. I would like to start it. there will be a lot of movement in the market on january 1, so its best to have everyone's thoughts together as soon as possible. so ill need your help on this. do you think that every monday night or tuesday night would be a good time?
hi,
this is a good idea. let me share my thoughts on this.

i suggest that you start organizing by creating a skype group. you must have a premium account (unless FB Skype allows group skyping) to be able to accept skypers in a group. once named, post the group name here so we can join the group.

you will be the moderator since you own the premium account. we can agree on a certain date; i am available anytime since i am retired.

i suggest that we discuss a previous day old trade by anyone of our katrader. be it live or demo, win or loss, it does not matter as long as we learn something from that trade.
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Dec 12, 2012, 09:23 AM
which broker can you guys recommend?
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Dec 12, 2012, 04:50 PM
Hi chiz_wiz sabi ng iba maganda raw yung broker na NY close ang chart nila. pero ako OANDA ang broker ko for 2 yrs. now, so far so good naman :) maybe our experts can suggest based from their experiences. Thanks!
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Dec 12, 2012, 09:45 PM
I'm ok with pepperstone, an ASIC-regulated broker. (Just stating a fact; not to be taken as a recommendation).
Title: Re: Filipino forex traders, converge here!
Post by: EuroatYenpo on Dec 12, 2012, 11:13 PM
Hmmm,... I am looking forward to the Skype group,.. or maybe a private FB group perhaps,...
cheers :)
Title: Re: Filipino forex traders, converge here!
Post by: sibakero on Dec 13, 2012, 07:22 AM
Bago lang po ako sa forex pero im interested na matuto kaya ako nandito. Guide nyo po ako... Salamat. Looking forward sa oanda nga pala.
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Dec 13, 2012, 07:27 AM
Hi chiz_wiz sabi ng iba maganda raw yung broker na NY close ang chart nila. pero ako OANDA ang broker ko for 2 yrs. now, so far so good naman :) maybe our experts can suggest based from their experiences. Thanks!


oh i see... ill check oanda... i opened a demo account on avafx,.... hehehe... ty for ur reply..

Post Merge: 1355354880
I'm ok with pepperstone, an ASIC-regulated broker. (Just stating a fact; not to be taken as a recommendation).

ok madam prospera... ill check pepperstone too...

Post Merge: 1355354940
Hmmm,... I am looking forward to the Skype group,.. or maybe a private FB group perhaps,...
cheers :)

AMEN to that bro! ako din....

Post Merge: 1355355180
... gawa na lang kaya tayo ng private FB group?

Post Merge: 1355367833
Hi everyone! I see that there are a lot of experienced traders in the forum. namely ferrari, prospera and may more. I believe that its a great plan to have a regular skype conference, at most once a week for just 30 mins. Anyone can join in, share their thoughts and learn from each other. I would like to start it. there will be a lot of movement in the market on january 1, so its best to have everyone's thoughts together as soon as possible. so ill need your help on this. do you think that every monday night or tuesday night would be a good time?

hi there! sir jonatahan,  i tried to send u a pm but ur inbox is full...
Title: Re: Filipino forex traders, converge here!
Post by: engrventz on Dec 13, 2012, 05:03 PM
Bago lang po ako sa forex pero im interested na matuto kaya ako nandito. Guide nyo po ako... Salamat. Looking forward sa oanda nga pala.


We are all here to help each other bro, daming mga experienced trader around kaya marami tayong matututunan dito.
Title: Re: Filipino forex traders, converge here!
Post by: sibakero on Dec 14, 2012, 09:53 AM
Salamat engrventz practice muna ko bago magwaldas lol
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Dec 14, 2012, 03:30 PM
Ok na kahit hindi premium ang skype group.. group/conference chat lang will do :)
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Dec 25, 2012, 02:56 AM
merry christmas sa lahat!
Title: Re: Filipino forex traders, converge here!
Post by: fxturtle on Dec 31, 2012, 05:23 PM
I just want to say Merry X-mas and Happy New Year to my Filipino Friends.

To those who recognize me, rest assured that I will NEVER spam your thread and this message board. I was just curious to join you guys here as I was surprised that Filipino forex traders are growing in numbers. I hope you guys will profit from trading currencies.

Best to all!!!
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jan 04, 2013, 01:42 PM
Noticed the ad-banner for the  IFX Financial Expo in Macau? Attendance is free, if I'm not mistaken.

Sana, the Philippines will be the next venue if there's another expo like that planned in the near future. May k na naman tayo, di ba?
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Jan 05, 2013, 05:44 AM
Ok na kahit hindi premium ang skype group.. group/conference chat lang will do :)
i hope this will work kahit hindi premium account. i think the non-premium account has a limited group participation. also, the audio/visual quality is very poor even if you have a cable/dsl internet provider. but, we can try. lets hear from the host.
Title: Re: Filipino forex traders, converge here!
Post by: santino on Jan 05, 2013, 11:43 AM
Hello everybody. Happy New Year! Let us all commit to becoming more disciplined, patient and abundant traders.

Matanong ko lang pala sa mga veterans dito. Meron na ba kayong kilala na totoong kumikita sa forex dito sa Pinas? I mean real traders who can honestly say that their earnings (and kabuhayan) are based from actual forex trading and not from selling programs, seminars or anything forex marketing, affiliate or IB related?

I've seen that there are more and more people who are discovering and venturing into retail forex trading in the Philippines. I wanted to know if there are people on the other side who are already successful?

To remove any vagueness let me include a criterion. When I say someone who is "successful" with his forex trading, I mean someone who can make and has been making a consistent $2,500 or more ( Php 100,000 ) net earnings per month. ( Account balance is not a factor in this particular query. I am just after net earnings at this time. Thank you in advance Sirs. )
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jan 06, 2013, 09:41 PM
Hi, Santi. Nice to see you back.

Are you asking about those who trade forex for a living in this forum? I seem to remember one or two people who've made that claim (one of them was BFX). May I know why you're asking?
Title: Re: Filipino forex traders, converge here!
Post by: santino on Jan 07, 2013, 08:50 AM
Hi Prospera. Thank you for that info. I will do a forum search for BFX.

I was following this thread and read about forming a Skype group. That got me thinking, I've been following PMT Forex forums for over two years and so far, I have not read anyone who makes consistent profits from forex. It would be nice to find a fellow Pinoy and PMTer who we can invite in Skype and we can model after. Malay natin maging weekly EB na to.
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jan 07, 2013, 07:05 PM
^Uhm, BFX was the erstwhile fund manager for our failed Instaforex PAMM account experiment. He did say, as I recall, that  he was trading forex for a living... but if our experience is any indication,  I doubt that he'd make a good role-model.

Wasn't there someone  here before who was managing a million-dollar forex account for some fund in the Middle East? I thought you knew him. Wonder how he's doing now?
Title: Re: Filipino forex traders, converge here!
Post by: EuroatYenpo on Jan 07, 2013, 10:02 PM
Hello everybody. Happy New Year! Let us all commit to becoming more disciplined, patient and abundant traders.

Matanong ko lang pala sa mga veterans dito. Meron na ba kayong kilala na totoong kumikita sa forex dito sa Pinas? I mean real traders who can honestly say that their earnings (and kabuhayan) are based from actual forex trading and not from selling programs, seminars or anything forex marketing, affiliate or IB related?

I've seen that there are more and more people who are discovering and venturing into retail forex trading in the Philippines. I wanted to know if there are people on the other side who are already successful?

To remove any vagueness let me include a criterion. When I say someone who is "successful" with his forex trading, I mean someone who can make and has been making a consistent $2,500 or more ( Php 100,000 ) net earnings per month. ( Account balance is not a factor in this particular query. I am just after net earnings at this time. Thank you in advance Sirs. )


Hello there Santi, :) Happy New Year!.
I independently trade forex for a living using a system that I am comfortable with and I make mid-4 digits USD per month using 2%-5% risk per trade. My goal for this year is to hopefully make 5 digits per month . Of course I would not be consistent and successful without what you said - more discipline and more patience :),... 
Cheers,...
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Jan 08, 2013, 09:36 AM
^That's inspiring to hear, Euro. Are you saying you do forex-trading full time, and earn a living solely from it?  :applause:
That's what I hope to be able to do too...eventually.
Title: Re: Filipino forex traders, converge here!
Post by: santino on Jan 08, 2013, 10:52 AM
Hello there Santi, :) Happy New Year!.
I independently trade forex for a living using a system that I am comfortable with and I make mid-4 digits USD per month using 2%-5% risk per trade. My goal for this year is to hopefully make 5 digits per month . Of course I would not be consistent and successful without what you said - more discipline and more patience :),... 
Cheers,...

I am very happy to meet you EuroatYenpo. :)  I just knew that there had to be somebody out there who can actually make a living out of forex. Do you have a core / mastermind group that also trades forex? I'm really interested in looking for like minded individuals to share trading war stories with :) Btw are you in Metro Manila? I trade from my office in BF homes Paranaque.
Title: Re: Filipino forex traders, converge here!
Post by: EuroatYenpo on Jan 08, 2013, 03:08 PM
^That's inspiring to hear, Euro. Are you saying you do forex-trading full time, and earn a living solely from it?  :applause:
That's what I hope to be able to do too...eventually.

Hi Prospera :)
Yes - for the past years with the guidance of the Lord I now solely trade full time for a living. Been injured and eaten a lot of times by the market but I did not give up. I learned the hard way which I don't want my fellow aspiring kababayans to experience. For the newbies, there are no shortcuts in this business. :)
Do you have a secondary/full time job po which is a hindrance from your full time trading goal? :) 
 
Title: Re: Filipino forex traders, converge here!
Post by: EuroatYenpo on Jan 08, 2013, 03:15 PM
I am very happy to meet you EuroatYenpo. :)  I just knew that there had to be somebody out there who can actually make a living out of forex. Do you have a core / mastermind group that also trades forex? I'm really interested in looking for like minded individuals to share trading war stories with :) Btw are you in Metro Manila? I trade from my office in BF homes Paranaque.

Glad to meet you Santino. :) I am sure a lot of experienced traders here at PMT have a lot of battle stories with the banks - market.
I do my trading here in Quezon City po. How long have you been with the market - trading? 
Title: Re: Filipino forex traders, converge here!
Post by: rockford on Jan 08, 2013, 06:01 PM
 :D i once an investor at BFX pamm acount, but he was eaten alive by the market I think.  :watchuthink:
Title: Re: Filipino forex traders, converge here!
Post by: bzboi on Jan 08, 2013, 08:07 PM
Hope there would be an EB or meetups of forex trader , maybe can share experiences or ideas
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Jan 18, 2013, 01:56 PM
Nice to be back home!
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Jan 18, 2013, 09:06 PM
Closed my positions with 1527.34 Profit!

hehehe..

Demo Acct lang to.. di ko lang sure if ma duduplicate ko sa live acct to..
Title: Re: Filipino forex traders, converge here!
Post by: JonathanLouReyes on Jan 21, 2013, 11:53 AM
Closed my positions with 1527.34 Profit!

hehehe..

Demo Acct lang to.. di ko lang sure if ma duduplicate ko sa live acct to..


think positive! haha! how are your trades?
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Jan 22, 2013, 01:27 PM
Hi there sir jonathan!

im still trading with paper money right now, for over a month already, and im slowly getting the " feel " of it.. so to speak... but the first month of my demo trading was a total disaster... hehehe... sabi sa akin ni master ferrari to keep on going, kaya tuloy nalang ako... pero hindi na muna ako mag oopen ng live account, unahin ko muna ang review ng board exam ko....
hehehe... kasi maxado akong na ooverwhelm when i have open positions... parang gusto ko naka tutok lang sa computer ko lagi..  hehehe... have u been busy lately? we missed u here...
Title: Re: Filipino forex traders, converge here!
Post by: JonathanLouReyes on Jan 24, 2013, 12:29 AM
Hi there sir jonathan!

im still trading with paper money right now, for over a month already, and im slowly getting the " feel " of it.. so to speak... but the first month of my demo trading was a total disaster... hehehe... sabi sa akin ni master ferrari to keep on going, kaya tuloy nalang ako... pero hindi na muna ako mag oopen ng live account, unahin ko muna ang review ng board exam ko....
hehehe... kasi maxado akong na ooverwhelm when i have open positions... parang gusto ko naka tutok lang sa computer ko lagi..  hehehe... have u been busy lately? we missed u here...

Hi! yup, i've been a little busy lately. connections with provinces have been opening up lately because they want to learn too. its great that forex trading is really becoming popular.

anyway, yeah focus on the boards first! thats gonna be your bread and butter, haha! ferraris right, keep going until you find an excellent strategy that works for you. try D1 charts, personally i like trading there because its less stressful. you only need to check it once a day and the supports and resistances hold off much better (mejo nakakatamad lang kasi mas exciting pag nakatutok sa charts, haha!). at least its just a demo, you can try all kinds of strategies you want to. also try keeping a trading journal. its a little tedious, but you get to distinguish the good and bad trades. well good luck with both your trades and your boards!
Title: Re: Filipino forex traders, converge here!
Post by: chiz_wiz on Jan 24, 2013, 11:52 PM
ty sir jonatahn for the advise... Godbless
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Mar 02, 2013, 10:44 PM
@santi, i trade forex for a living. pero di naman P100,000/month yung kita ko.
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Mar 03, 2013, 09:08 AM
Hello, sana maging active uli ang thread na ito!

Nice job, Euro!
Title: Re: Filipino forex traders, converge here!
Post by: jayme00 on Mar 06, 2013, 11:08 PM
which broker can you guys recommend?

Hi! Been trading with different brokers already and I can say that FXCM is one of the best.

As a trader, we're happy that forex trading is already growing in our country. We're just hoping that the bigger ones will soon have their own offices here in the Philippines..
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Mar 07, 2013, 07:38 AM
jayme00, alam ko po meron ng FXCM Philippines eh.

Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Mar 07, 2013, 08:20 AM
^Probably not, Ping. If that's true, we'd have heard about it in a big way.

I think you might be confusing it with Mark So's Forex Club Manila (which is now, I believe, Forex Club Asia).

But it won't be long, IMO,  before we see  more international forex-brokers in our shores (the Asia/Pacific region being an area these brokers have set their sights on, according to a recent survey I read).
Title: Re: Filipino forex traders, converge here!
Post by: Lightwind_99 on Mar 07, 2013, 12:18 PM
how are your trades? tagal ko nawala dito
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Mar 07, 2013, 02:05 PM
^ Oo nga, I'm missing all the forex "old-timers" in the forum.

Baka p'wede na tayong mag-hold ng friendly contest (live account) this time around. What do you think, lightwind? Will the idea now fly?:-)
Title: Re: Filipino forex traders, converge here!
Post by: r.roniel on Mar 09, 2013, 08:23 PM
Good day guys! bago lang ako sa trading industry and may isang Forex broker ang nag-ooffer ng free coaching hanggang sa live trading or real account. IForex ang name ng company. Natural lang ba sa company ang nag-ooffer ng free coaching na 1 on 1? Yung iba kasi may bayad. Thanks in advance sa nga advice!
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Mar 09, 2013, 10:28 PM
@r.roniel

natural lang na mag-offer yung iba kasi investment nila yun, but be careful with such coaching, more or less, they'll teach you stuff that you may be able to use, and even enticed you to invest and explain the benefits of using large leverage.

you should also ask yourself if the coach has the credential. if hindi yan forex trader, i won't even bother listening to him, i can get all info sa google.

don't be fooled by a coach "kuno" who may teach you all sorts of tricks, and even make you believe that you won't lose a penny to get you even more excited to open a trading account and start right away.

if you do proceed with the session, these are the questions or topics that you should watch for, or if they didnt discuss it, you should ask.

1. how much is the spread?
2. how much to open an ecn account? retail account? and what's the difference between the two.
3. what is the minimum leverage and what risk is inherent on bigger leverage?
4. what is the minimum lot size per trade?
5. who are their liquidity providers?
6. what regulatory compliance do they have as a forex broker?
7. what are the method of funding/withdrawal? are there fees for such?

most questions center around the trading condition that the broker can offer you. don't be too excited about technical analysis, rather, know the core idea of trading forex, which is money management.

but i wont be surprised if the coaching will center on technical analysis. if your a noob, you would think that, "ah, ganun lang pala yun?" as i always say, it's simple, but it's not easy.

punta ka na lang sa babypips.com

check here as well: http://www.forexpeacearmy.com/public/review/www.iforex.com

then try to search google for more info

i visited their site and they don't have any info on regulations and liquidity providers.

search mo na lang sa google why important ang liquidity provider.

anyways, why not open an offshore account? wala ka tiwala sa mga international brokers? or other brokers who have no local presence?
Title: Re: Filipino forex traders, converge here!
Post by: Prospera on Mar 11, 2013, 06:23 AM
^Probably not, Ping. If that's true, we'd have heard about it in a big way.

I think you might be confusing it with Mark So's Forex Club Manila (which is now, I believe, Forex Club Asia).

But it won't be long, IMO,  before we see  more international forex-brokers in our shores (the Asia/Pacific region being an area these brokers have set their sights on, according to a recent survey I read).

Ika-clarify ko lang ang sagot ko. May mga international forex brokers with websites ending in .ph (FXCM at i-forex, for example) but that does not mean they have a brick-and-mortar presence here like Admiral Markets or Easy-Forex.
Title: Re: Filipino forex traders, converge here!
Post by: pinoyips on Mar 11, 2013, 03:39 PM
Now looking to short the euro once it gives me a good rally, same with the pound. What are you trading today guys?
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Mar 11, 2013, 08:45 PM
what do you think guys? ma hit po kaya si target?

(http://i46.tinypic.com/atm0ys.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: Ping on Mar 11, 2013, 09:02 PM
I am looking to short EU too.
Title: Re: Filipino forex traders, converge here!
Post by: pinoyips on Mar 12, 2013, 01:24 AM
Euro reverses during the New York Session, Break even trade, let's see tomorrow if we'll have another short opportunity. Pound short gave more pips than the Euro and has not completely reverse.
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Mar 12, 2013, 10:06 AM
what do you think guys? ma hit po kaya si target?

(http://i46.tinypic.com/atm0ys.jpg)

wow. weekly trader :applause: mukang months pa ang bibilangin sir bago mahit ang TP.. nice trade sir
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Mar 15, 2013, 12:41 PM
@tankbeta, first time ko it-try yung long term trade :hihi:
tinaasan ko pati ang tp, baka di ma hit eh. :hihi:

Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Mar 15, 2013, 12:54 PM
technical analysis eur/usd

(http://img822.imageshack.us/img822/8052/eurodollar.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Mar 15, 2013, 01:24 PM
(http://i46.tinypic.com/312xopj.png) (http://tinypic.com/r/312xopj/6)
daily chart: piercing line candle stick pattern
weekly chart: convergence in the stochiastic osc, bull bar

reversal na kaya ng eur/usd?  :book:
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Mar 15, 2013, 09:50 PM
Bro Freeman, ano po ang settings mo sa BBands? :)
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Mar 15, 2013, 10:01 PM
hello synapse :)
period 20 shift0 dev2
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Mar 18, 2013, 11:15 AM
technical analysis eur/usd

(http://img822.imageshack.us/img822/8052/eurodollar.jpg)

hahaha ganda nito .. napaka informative :applause: more chart analysis plss :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Mar 18, 2013, 02:01 PM
Di nakaporma si sniper, nakalagpas si flash, pumunta sa 1.29.
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Mar 21, 2013, 10:55 PM
The more sophisticated you become as a trader, the more you will realize that trading is completely mental. It isn't you against the markets, it's just YOU." - Mark Douglas

always plan your trade and trade your plan
Have a great weekend everyone! godbless ♥
(https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash3/562792_10200617252374331_1363336189_n.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on Mar 27, 2013, 09:48 PM
si sir tankbeta ang dapat manlibre  :hihi:
galing! :applause:
Title: Re: Filipino forex traders, converge here!
Post by: filipinoforex on Apr 10, 2013, 03:06 PM
hahaha ganda nito .. napaka informative :applause: more chart analysis plss :cool2:

nice ☺
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Apr 26, 2013, 09:13 PM
konti lng ba tlga mga traders dito sa philippines? kasi iilan lng m,ga active poster dito PMT eh...
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Apr 26, 2013, 11:26 PM
As far as I know .. marami na ang merong alam about Forex lalo na dun kay Mark So trainings .. I don't know lang if anong experience nila.
Title: Re: Filipino forex traders, converge here!
Post by: freeman12 on May 02, 2013, 11:31 AM
^ i was just about to ask about mark so's training programs. here's his website (http://www.topforexseminars.com/).
i think he teaches a bit more than basics of forex, he earns from it, and at the same time get commissions from his students when they open their own live account.
brilliant way to earn (for mark so) lalo na siguro if he applies networking principles with it.

pero you can't learn forex trading in just a couple of seminars right?

here's another of his website (http://www.unlitrading.com/). from tha looks of it, para syang EA. what do you thin guys?
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on May 02, 2013, 05:32 PM
marami pa rin ata ignorante sa forex @synapse. kasi sa kabilang site, nag-open lang ako about forex trading as a way to produce some side profit, naku, grabe tirada sa akin. kesyo gambling daw, super risky, manloloko mga brokers, etc. napagod na ako kaka-explain. hinayaan ko na lang.

i think what triggered such is ignorance of international markets, and the fact na sinabi ko na mahirap kumita sa forex, but if you're disciplined enough, makukuha mo rin. gusto kasi ng iba mabilisang kita na walang ginagawa.

Title: Re: Filipino forex traders, converge here!
Post by: glenpado on May 08, 2013, 07:15 AM
sir ok rin ba ang broker xforex?  http://www.xforex.com sino kaya ang nakagamit na nito. thanks sa inputs..
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on May 08, 2013, 10:49 AM
marami pa rin ata ignorante sa forex @synapse. kasi sa kabilang site, nag-open lang ako about forex trading as a way to produce some side profit, naku, grabe tirada sa akin. kesyo gambling daw, super risky, manloloko mga brokers, etc. napagod na ako kaka-explain. hinayaan ko na lang.

i think what triggered such is ignorance of international markets, and the fact na sinabi ko na mahirap kumita sa forex, but if you're disciplined enough, makukuha mo rin. gusto kasi ng iba mabilisang kita na walang ginagawa.


There is no risky market there is only a risky trader

pakitaan mo ng konting marketing advertisment about forex para naman magkaroon ng konting lasa ang pagkain nila :) http://www.youtube.com/watch?v=MwKYjZ_8EcE
Title: Re: Filipino forex traders, converge here!
Post by: sysonpyh on May 08, 2013, 11:38 AM
Mas maganda kung kaw nalang mismo ang mag apply for IB. I think most brokers ay merong ganung system. So its like my mga apprentice ka, and then 1nce they open account with the same broker my commission ka, marami din gani2 ginagawa. For all I know, no one can predict the forex xchange market at 100%. So many are interested to know secrets about how to make it easy. Pag nag ttrade kana, you will soon realize that the thing you have control is mostly you and how you execute your set-up.

like all other, its requires skill, experience and practice-no shortcut
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on May 09, 2013, 04:34 PM
@batangpromdi

oo nga bosing eh. lalo na dito sa amin sa southern philippines. just last year kasi, 2 biggest pyramiding scam blown. tapos ang sabi pa ng mga scammers eh they are trading oil, gold, and currencies.. the forex market. kaya negative pa rin ang impact ng FX trading dito.

------------

Mostly sa nakikita ko mga adverts ng FX seminars sa atin ngayon eh puro Price Action ang tinuturo. Well, that's one of the basics pero mostly by scalping ang methods. So far, wala pa akong nakikitang FX training that is kinda ..

"Trade with the Banks" ang dating :D
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on May 09, 2013, 06:31 PM
@batangpromdi

oo nga bosing eh. lalo na dito sa amin sa southern philippines. just last year kasi, 2 biggest pyramiding scam blown. tapos ang sabi pa ng mga scammers eh they are trading oil, gold, and currencies.. the forex market. kaya negative pa rin ang impact ng FX trading dito.

------------

Mostly sa nakikita ko mga adverts ng FX seminars sa atin ngayon eh puro Price Action ang tinuturo. Well, that's one of the basics pero mostly by scalping ang methods. So far, wala pa akong nakikitang FX training that is kinda ..

"Trade with the Banks" ang dating :D

hmm ok na Idea yan ah. kung may biggest losers na TV show... gawa tayo biggest winners FX?
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on May 10, 2013, 07:40 PM
hahahaahah! ikaw ang host boss? :D
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 12, 2013, 09:52 PM
Hi Guys,

How's the trading going so far? Checkout my trade performance:

http://www.mql5.com/en/signals/7096 (http://www.mql5.com/en/signals/7096)
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 12, 2013, 09:59 PM
Anyone here using supply and demand strategy like me?
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 12, 2013, 10:06 PM
hello everyone, I would be very happy to help you guys in forex trading.. anyone?
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on May 13, 2013, 06:40 AM
ganyan talaga mga tao, pag nakakita ng pera, sugod agad. nadumihan pa yung name ng forex at futures.

lazy trader tawag sa akin ng anak ko. i spend more time playing xbox than trade.  :) more on price action kasi ako at longer term.

@rivac7: may blog ka ba? post lang your ideas here.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 13, 2013, 07:51 AM
ganyan talaga mga tao, pag nakakita ng pera, sugod agad. nadumihan pa yung name ng forex at futures.

lazy trader tawag sa akin ng anak ko. i spend more time playing xbox than trade.  :) more on price action kasi ako at longer term.

@rivac7: may blog ka ba? post lang your ideas here.

yup meron akong blog. www.humanandprice.com,, musta naman trading?
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on May 13, 2013, 08:51 AM
I'm using Supply and Demand also bro ..
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 13, 2013, 08:59 AM
I'm using Supply and Demand also bro ..

nice... musta naman so far?
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 15, 2013, 12:04 PM
hello... anyone? hows trading so far?
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on May 15, 2013, 12:34 PM
okey naman. im not a trader who trades often. i trade like 2-3x a month lang, more on swing to mid term akong style. my target is huge and i tend to hold trades for a number of days, scaling down as the swing loses strength.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 15, 2013, 02:38 PM
oh ok, there are lots of European news today, nice market volatility.. :)
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 15, 2013, 02:40 PM
anyone here with positive trading result already??
Title: Re: Filipino forex traders, converge here!
Post by: DarnaNarda on May 16, 2013, 12:26 PM
Hello! killala nyo ba ung company na TZH Global Trading Corp? Affiliated daw sila sa FXCM. Legit ba ang company na ito?  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on May 16, 2013, 01:11 PM
i think referring broker yan sila ng FXCM asia. i would suggest engaging sa chat session with fxcm and ask them to verify
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 04:19 PM
Hello! killala nyo ba ung company na TZH Global Trading Corp? Affiliated daw sila sa FXCM. Legit ba ang company na ito?  :thankyou:

hi, what is your current broker?
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 16, 2013, 05:11 PM
kinakabahan ako sa USD/CAD
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 06:05 PM
kinakabahan ako sa USD/CAD
mind to share your take in usdcad? maybe you are risking too much that is why you feel nervous?..
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 06:07 PM
investors are cutting position in Gold, they are awaiting good news to reposition buy entries
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 16, 2013, 06:29 PM
mind to share your take in usdcad? maybe you are risking too much that is why you feel nervous?..

I am aiming for a 500pips profit from this trade. yesterday it almost hit 400pips mark but today it went to 250+pips. meron ako 3 long entries at nagmiss yung 4th entry ko which is nasa 1.015. nagmiss ng 7pips.

mixed feeling pa rin kasi kahit may profit na ako, yung target ko kasi is 500 pips.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 08:14 PM
I am aiming for a 500pips profit from this trade. yesterday it almost hit 400pips mark but today it went to 250+pips. meron ako 3 long entries at nagmiss yung 4th entry ko which is nasa 1.015. nagmiss ng 7pips.

mixed feeling pa rin kasi kahit may profit na ako, yung target ko kasi is 500 pips.

oh ok, you should have rules to discount emotion, anyway what platform and broker are you with?
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 08:16 PM
sideline with S&P and other us indexes.. appears to be at the last cycle of dow theory
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 16, 2013, 08:31 PM
oh ok, you should have rules to discount emotion, anyway what platform and broker are you with?

that's my big problem, how to manage my emotions. eheheh

fxcm, fxcm platform. webtrader pag nasa office, desktop platform using my laptop, on adroid if both is not available.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 16, 2013, 08:42 PM
that's my big problem, how to manage my emotions. eheheh

fxcm, fxcm platform. webtrader pag nasa office, desktop platform using my laptop, on adroid if both is not available.

yup, I've also been a victim of fear and greediness before. How long have you been trading fx?
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 17, 2013, 12:26 AM
yup, I've also been a victim of fear and greediness before. How long have you been trading fx?

i think more than 1 year of trading on live. after so many trial and error about my trading plan, i can say that now my trading plan if profitable. problema lang talaga ang emotion. i always look at the my trade almost every hour just to see what is my status.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 17, 2013, 06:07 AM
i think more than 1 year of trading on live. after so many trial and error about my trading plan, i can say that now my trading plan if profitable. problema lang talaga ang emotion. i always look at the my trade almost every hour just to see what is my status.

Same here, still thinking my trades all the time :)
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 17, 2013, 03:03 PM
by the way, what is your opinion on USD/CAD?

as of now nasa 500+ pips na ako. pero parang there are still some more room for upward movement
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 17, 2013, 10:38 PM
In
by the way, what is your opinion on USD/CAD?

as of now nasa 500+ pips na ako. pero parang there are still some more room for upward movement
by the way, what is your opinion on USD/CAD?

as of now nasa 500+ pips na ako. pero parang there are still some more room for upward movement

That is nice. I wasn't able to ride on the rally today, my trailing stop was triggered yesterday.

I have resposition again buy entry and awaiting pullback.

For forecasting of this pair, I don't have solid resistance yet. All I can do I think is to trail my SL.
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 17, 2013, 11:30 PM
My target was reached.  731.8 pips!
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 18, 2013, 12:28 AM
My target was reached.  731.8 pips!

nice! keep it up!
Title: Re: Filipino forex traders, converge here!
Post by: DarnaNarda on May 19, 2013, 09:09 PM
hi, what is your current broker?

Hello! I was invited by TZH Global to trade. I want to know if this is a legit company before I look at the details.  :thanks:
Title: Re: Filipino forex traders, converge here!
Post by: jayme00 on May 20, 2013, 11:38 AM
Hello! I was invited by TZH Global to trade. I want to know if this is a legit company before I look at the details.  :thanks:

Same here! I attended one of their seminars and it was great! I tried attending one in Singapore and it cost me almost 2000sgd, nagulat ako na for free yung seminar nila and mas marami pa ko natutunan. Special treatment pa sila sa lahat ng clients. May isang trader na nageffort turuan ako one on one haha! Clap for them! I tried different brokers and different platforms also, I can say that theirs is the best (FXCM). Babalik ako dun next week, I'll bring with me my relatives. More power to TZH Global. I know someday, They'll be one of the best companies here in the Philippines. I'm so thankful sa support nila sating mga clients. One-of-a-kind!! Hindi katulad ng ibang brokers mga suplada hahaha
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 20, 2013, 03:21 PM
why do i need to pay for seminars like this when the information is available for free on the internet?
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on May 20, 2013, 03:24 PM
Meron akong kilala na pwedeng maka pag assist sa inyo to FXCM UK without additional 2pips charge :)
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 20, 2013, 06:34 PM
for free?
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 20, 2013, 08:53 PM
hello, the best thing, I think, to learn forex is by doing a demo trading. Try opening demo accounts to various brokers such as Activtrades (MT5 platform), Ibfx (MT4), FXCM (tradeStation), or Forex.com for web platform, GFT as well has a good platform (dealbook360). If you want to be able to learn more and with very helpful staff, try easy-forex, this is my first broker.
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 21, 2013, 12:09 AM
yun din ginawa ko, i practiced on a demo from forex.com. after expiration lipat naman ako demo sa fxcm

tapus nag micro account na ako sa fxcm. iba lang talaga ang feeling ng totoong pera ang gamit mo pag nagtrade.
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 21, 2013, 11:56 AM
In trading, rule and money management are very important. There is no 100% trading method that works in this market. Trading is more of an art rather than science, meaning there is no definite or absolute rule in this kind of market. Compare with gambling, you may be able to gain some edge in trading than in gambling. Gambling has always 50% chance of winning and losing while in trading, as an art, you will have a chance to have at least 51% or more chance of winning based on your trade setup. So, adding your rule and money management by following strictly and consistently with 51% winning strategy - guess what? in the long run you will be a successful trader.
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 21, 2013, 03:29 PM
@rivac7

how long have you been trading?
Title: Re: Filipino forex traders, converge here!
Post by: rivac7 on May 21, 2013, 03:52 PM
@rivac7

how long have you been trading?

2 years. I have already gained lots of knowledge and ups and downs in this business. I was very fortunate because my job allows me to work with other stuff such as forex trading even during working hours..
Title: Re: Filipino forex traders, converge here!
Post by: divergence on May 21, 2013, 06:32 PM
2 years. I have already gained lots of knowledge and ups and downs in this business. I was very fortunate because my job allows me to work with other stuff such as forex trading even during working hours..

any plans of leaving office job and make forex a full-time?

that is my goal 2 years from kung magiging profitable ang 2 years na yun.
Title: Re: Filipino forex traders, converge here!
Post by: TZHglobaltrading on May 21, 2013, 11:03 PM
In trading, rule and money management are very important. There is no 100% trading method that works in this market. Trading is more of an art rather than science, meaning there is no definite or absolute rule in this kind of market. Compare with gambling, you may be able to gain some edge in trading than in gambling. Gambling has always 50% chance of winning and losing while in trading, as an art, you will have a chance to have at least 51% or more chance of winning based on your trade setup. So, adding your rule and money management by following strictly and consistently with 51% winning strategy - guess what? in the long run you will be a successful trader.


Very well said. Just to add up, you are gambling if you don't know what is going to happen/ what you're doing. Knowing is taking control. And control is a big edge in winning forex. :)
Title: Re: Filipino forex traders, converge here!
Post by: drewforex on May 22, 2013, 01:31 PM
Hi guys im andrew manalili and i was recently employed at zone equity ltd. so you want to try FX trading just pm me here in my account thanks. sorry if this is the wrong place to post this.
Title: Re: Filipino forex traders, converge here!
Post by: Bananaboat on May 22, 2013, 01:40 PM
I haven't tried forex before, is difficult? do I have to do it myself or I need to get an agent/ broker to do the trading for me? what is the minimum required amount to start trading? thank you
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Jun 08, 2013, 06:56 PM
tahimik naman ng PMT mukang konti mga fx traders dito
Title: Re: Filipino forex traders, converge here!
Post by: TZHglobaltrading on Jun 12, 2013, 02:43 PM
tahimik naman ng PMT mukang konti mga fx traders dito

Hi tankbeta,

Baka busy sila sa family. End of vacation, enrollment etc... :)
Title: Re: Filipino forex traders, converge here!
Post by: divergence on Jun 12, 2013, 05:30 PM
busy sa ibang bagay, pabisibisita na lang sa chart.

umaasa na tumuloy pababa ang USD/CAD  :D
Title: Re: Filipino forex traders, converge here!
Post by: suntzu on Jun 20, 2013, 02:59 AM
 :thankyou: thank you again mighty dollar...short eurusd, 122 pips in less than an hour(1.3406 to 1.3284!!! june 19, 2013 @ 1115 H PST. tried to hang on; but thats good enough for the day...
"No tapering: Federal Reserve to continue stimulus" - CNN Money.

usdcad since last friday came down 50 pips from thursday (june 13) but over the weekend it went up till now by 110 pips.
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Jun 22, 2013, 08:14 AM
just got back from singapore. im handling clients na kasi. muzta na lahat dito? hope you had a great run lately.
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Jun 23, 2013, 11:25 PM
wow! hedge fund manager ka na pala sir promdi :) nice!
Title: Re: Filipino forex traders, converge here!
Post by: kevinleijh on Jun 24, 2013, 08:24 AM
Please teach us, para dumami pinoy forex trader promdi
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Jun 24, 2013, 08:21 PM
Please teach us, para dumami pinoy forex trader promdi

di naman ako ganyan ka-expert. ;0

secret dyan is study one setup and be comfortable with it. and it's best to be familiar with 1 or 2 pairs muna.
Title: Re: Filipino forex traders, converge here!
Post by: divergence on Jul 05, 2013, 05:27 PM
(http://i41.tinypic.com/2pu0g2v.jpg)

guys ano tingin nyo dito sa eur/usd pair? tingin ko kasi sa weekly chart ay pababa pa rin sya. 1.200 kaya ang target?
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Jul 06, 2013, 06:43 PM
@divergence: logical target ang 1.20 when your looking at weekly chart. i think probable price stall is at 1.26-27 area when those shorts from 1.33 starts taking profit.

by the way, those who like to keep on staring at charts for extra screentime, use this: https://www.dropbox.com/s/tckojzi6i2ae89b/Tradingsimulator.zip

pulot lang yan sa FF. okey rin yan to get familiar sa mga galaw ng kung anu man tinitignan nyo.
Title: Re: Filipino forex traders, converge here!
Post by: divergence on Jul 07, 2013, 11:58 AM
yun nga rin po ang plan ko na i-take ang profit sa 1.26-1.27 area at maglagay na lang ng new short entry.
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Jul 08, 2013, 10:07 AM
TP ko at trendline. made 160+pips from this move
Title: Re: Filipino forex traders, converge here!
Post by: mishnu on Jul 24, 2013, 01:33 PM
After a year plus of demo and a lot of heartaches..  :D I believe I am in a position to start a live account.. From what I'd learn, dont even put your hard earned money if you havent devised a strategy yet.. I've attended a seminar before then after a while they are convincing people to put in money just to "feel" and test it out... Experience ko, it would take you a while just to "feel" it, it means losing a lot then gradually winning with a set of strategies..

But then again, di din minsan 100%.. By the way, I am only trading the Asian market, mas mabagal and mas swak sa predictions ko..
Title: Re: Filipino forex traders, converge here!
Post by: Synapse on Jul 26, 2013, 10:07 AM
Maraming experts dito kaso busy din sa business nila. Sir FF, Senyor, EuroatYen, TankBeta, Prospera .. at marami pang iba :D

I was lucky to have joined the Harmonics Trading discussion with coach Tankbeta :) dagdag sa kaalaman ...
Title: Re: Filipino forex traders, converge here!
Post by: batangpromdi_v2 on Jul 27, 2013, 07:10 AM
@mishnu: if you want to "feel it", trade with micro. try oanda.

i used to be a daily chart trader but since i had so much in my hands right now, i needed to adjust and trade only a particular session for like 2-3 hours a day only. shifted strat to lower tf, m5 and m1, trading only one pair, gbpjpy.



Title: Re: Filipino forex traders, converge here!
Post by: gertiongco on Aug 10, 2013, 05:13 PM
Hello everyone!!! mabute at may Pinoy Forex Forum....

Question lang Mga BOSS.... Can somebody make a comment on IFOREX and also other na Forex Platform na pwedeng gamitin.... Thanks in advance
 :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Aug 10, 2013, 05:28 PM
no experience with iforex, Sir gertiongco. dami ads ngayon sa facabook/other websites. ingat at research lagi bago mag open ng account.

may nabanggit nang several brokers dito, i suggest yun ang subukan mo. ideally, piliin mo yung broker na regulated ng NFA, CFTC, ASIC, FSA (regulators in US, UK, Australia)

always check forex review sites lalo na info sa http://www.nfa.futures.org/basicnet/welcome.aspx to see kung may issues yung broker na gusto nyo subukan

as charting platform, i use metatrader (live and demo), pero i execute my trades sa broker platforms

maganda ang forex as a business, pero commit ka *at least* 1-3 years sa aral, tests, practice.

Good luck Sir!
Title: Re: Filipino forex traders, converge here!
Post by: gertiongco on Aug 11, 2013, 04:14 PM
@ ferrariEverest SALAMAT SA REPLY.. YAP i WILL CHECK  THESE SITES...
 :cool2:



quote author=ferrariEverest link=topic=30293.msg468827#msg468827 date=1376126886]
no experience with iforex, Sir gertiongco. dami ads ngayon sa facabook/other websites. ingat at research lagi bago mag open ng account.

may nabanggit nang several brokers dito, i suggest yun ang subukan mo. ideally, piliin mo yung broker na regulated ng NFA, CFTC, ASIC, FSA (regulators in US, UK, Australia)

always check forex review sites lalo na info sa http://www.nfa.futures.org/basicnet/welcome.aspx to see kung may issues yung broker na gusto nyo subukan

as charting platform, i use metatrader (live and demo), pero i execute my trades sa broker platforms

maganda ang forex as a business, pero commit ka *at least* 1-3 years sa aral, tests, practice.

Good luck Sir!
[/quote]
Title: Re: Filipino forex traders, converge here!
Post by: DavidApol on Sep 09, 2013, 09:32 AM
Maraming experts dito kaso busy din sa business nila. Sir FF, Senyor, EuroatYen, TankBeta, Prospera .. at marami pang iba :D

I was lucky to have joined the Harmonics Trading discussion with coach Tankbeta :) dagdag sa kaalaman ...
Meron pa ba nito? I wanna join :D sa forums ba to sir or live?
Title: Re: Filipino forex traders, converge here!
Post by: probinsyanongtrader on Sep 10, 2013, 11:44 AM
Sirs,

May nakasakay ba sa inyo sa AUD/USD?
Title: Re: Filipino forex traders, converge here!
Post by: sysonpyh on Sep 15, 2013, 05:54 AM
yung downtrend naka sakay ako full till sa baba-pero sa uptrend i loose i bit-but i dont think the audusd will break above resistance-it will bounce back-it is just a matter of time.

Title: Re: Filipino forex traders, converge here!
Post by: DavidApol on Sep 16, 2013, 09:39 PM
I just want to ask the veterans here kung ano thoughts nila regarding trading using a mechanical system. It definitely gives the advantage of not involving any emotions during trades. Has anyone here tried it?
Title: Re: Filipino forex traders, converge here!
Post by: probinsyanongtrader on Sep 23, 2013, 03:56 PM
Trading with evening star......

(https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn2/q72/s720x720/1234053_524646074281439_637369934_n.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: ferrariEverest on Oct 02, 2013, 03:10 AM
Trading with evening star......
Shorting pag may nakitang evening star?

Ingat Sir, d yan laging effective. Maraming factors ang kinoconsider.
Title: Re: Filipino forex traders, converge here!
Post by: isko on Oct 03, 2013, 11:14 AM
Hello Pinoy Forex Traders dito sa PMT.

So happy that may forex forum pala for pinoys (just recently surf the net to look for pinoy forex forums).  :D

I am engage for 2 years with forex and continuously learning reading the market. S&D Method ang sinusunod ko and I am a intraday/swing trader (1H/4H/D1/WK).

Hope to see more of you guys here in the forum.  :D
Title: Re: Filipino forex traders, converge here!
Post by: probinsyanongtrader on Oct 11, 2013, 12:55 PM
Hope this will work....
(https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-prn2/1268124_532867680125945_1468777036_o.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: probinsyanongtrader on Oct 11, 2013, 01:02 PM
Shorting pag may nakitang evening star?

Ingat Sir, d yan laging effective. Maraming factors ang kinoconsider.

Samalat sa paalala sir. and i believe lahat ng strategy hindi laging effective. importante alam mong tanggapin na mali trade mo if anything goes wrong. as soon as PA moves agaist you get out. hanap ng iba.
Title: Re: Filipino forex traders, converge here!
Post by: isko on Oct 15, 2013, 04:40 AM
Hello everyone, I hope this is the right thread to share some trades. Masya ako to see a Filipino Forex Forum unfortunately hindi ata gaano ka-active dito.

Anyway, my sell limit was triggered this morning @ 1287.49 on XAUUSD. Not a runner but has a good 3:1 RR ratio.

(http://i656.photobucket.com/albums/uu286/cisa187/XAUUSD-14102013_zps9905fa5d.png)

Lets see if the trade will play out as planned and hit TP @ 1261.99.  :hihi:

Update:

TP has been hit @ 1261.99 with a good 3:1 RR ratio. Looking for long now at 1238.14 - 1230.44 area. Let's see what the market could give us in the coming days for GOLD.

(http://i656.photobucket.com/albums/uu286/cisa187/TRADING/XAUUSD_H4_ShortUpdate-15102013_zps1d31af21.png)
Title: Re: Filipino forex traders, converge here!
Post by: probinsyanongtrader on Oct 18, 2013, 02:59 PM
EUR/JPY
hope this will work
(https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-frc3/q73/s720x720/1383960_536782963067750_386570068_n.jpg)
Title: Re: Filipino forex traders, converge here!
Post by: mateo.rodriguez.12345678 on Oct 19, 2013, 06:42 PM
Share ko lng po. This company offers you great demo account for free on how to trade foreign currency and make money via the Forex market. It has been in business for more than 20 years and helps countless number of traders to succeed. Check it out. Please visit http://www.gdmfx.com for more. Salamat.
Title: Re: Filipino forex traders, converge here!
Post by: miming820 on Jan 08, 2014, 10:57 AM
Po Tai Bullion Philippines Inc is looking for individual/freelance forex/stock broker with atleast 1 year experience in online trading. For more info email us at potai_bullion@yahoo.com.ph. Thank you and more powers.
Title: Re: Filipino forex traders, converge here!
Post by: autodoor on Feb 22, 2014, 07:59 AM
Hello everyone! There will be free forex trading seminar in the SM Mall of Asia this coming March 29, 2014. All interested traders are invited. For more info click this link: http://clicks.pipaffiliates.com/afs/come.php?id=3347&cid=10662&ctgid=16&atype=1
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Mar 03, 2014, 10:03 PM
Forex-Trading Firm FXCM Fined by U.K. Regulator

http://online.wsj.com/news/articles/SB10001424052702304255604579406640141660638?mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304255604579406640141660638.html

anyone here currently with fxcm? whats your thoughts on this?
Title: Re: Filipino forex traders, converge here!
Post by: marklacuz2009 on Mar 04, 2014, 09:12 AM
Hello po Mark here forex newbie forex trader ako at $2000 budget lang po as of now nasa $7000+ na pro copy trade lang ginagawa ko.. Guys pa tanung lang po kung anung site paba ung reliable na copy trade? ok naman po ako sa currently subscribe sa http://www.fxtactics.com/ 200-600 pips ung copy trades nila, try ko din sana sa iba baka mas mataas pa makuha kung pips kindly list down nalang po.. ty in advance.
Title: Re: Filipino forex traders, converge here!
Post by: tankbeta on Mar 04, 2014, 10:54 PM
Hello po Mark here forex newbie forex trader ako at $2000 budget lang po as of now nasa $7000+ na pro copy trade lang ginagawa ko.. Guys pa tanung lang po kung anung site paba ung reliable na copy trade? ok naman po ako sa currently subscribe sa http://www.fxtactics.com/ 200-600 pips ung copy trades nila, try ko din sana sa iba baka mas mataas pa makuha kung pips kindly list down nalang po.. ty in advance.

di ka pa sir masaya sa 200-600 pips? is it per week? hows your risk per trade?
Title: Re: Filipino forex traders, converge here!
Post by: binsyo on Jun 21, 2014, 03:10 PM
^^^sir @reluma, bakit kailangan pa po ng email? Hindi naman po siguro bawal kung ishare niyo nalang po dito mga resources niyo para macheck ng karamihan... :rakenrol:
Title: Re: Filipino forex traders, converge here!
Post by: binsyo on Jun 25, 2014, 06:53 PM
^^^ wow sir, you're trading the news! Ang galing naman! 'Yan din pinagaaralan ko ngayon eh, pero parating against sakin ang kapalaran :wall: Buti nalang sa demo lang...  :hihi:
Title: Re: Filipino forex traders, converge here!
Post by: pinoyfx_trainee on Sep 10, 2014, 04:39 PM

Hi guys,

Big FX Brokers also fined???

https://www.facebook.com/permalink.php?story_fbid=711519598940843&id=650815161677954&notif_t=notify_me
Title: Re: Filipino forex traders, converge here!
Post by: keera on Sep 16, 2014, 10:22 AM
Hello po Mark here forex newbie forex trader ako at $2000 budget lang po as of now nasa $7000+ na pro copy trade lang ginagawa ko.. Guys pa tanung lang po kung anung site paba ung reliable na copy trade? ok naman po ako sa currently subscribe sa http://www.fxtactics.com/ 200-600 pips ung copy trades nila, try ko din sana sa iba baka mas mataas pa makuha kung pips kindly list down nalang po.. ty in advance.


I'm not really into forex trading pero curious ako. Ano ba ang copy trade?
Title: Re: Filipino forex traders, converge here!
Post by: Dogberto on Sep 22, 2014, 04:05 PM
Basically it's copying the trades of another trader in real-time (note that it could be a trading robot / algorithm).  For more info, see http://www.mql5.com/en/signals (http://www.mql5.com/en/signals)
Title: Re: Filipino forex traders, converge here!
Post by: MetisEtradePR on Sep 24, 2014, 05:18 PM
(http://i.imgur.com/PzzdKCQ.png)

Hi guys,

For those who want to learn forex trading, join Metisetrade Happy Trading Hours every Friday at BGC Taguig.

Here's the link if you want to join.
http://www.metisetrade.com/competition/ (http://www.metisetrade.com/competition/)
Title: Re: Filipino forex traders, converge here!
Post by: moreishi on Oct 11, 2014, 06:13 AM

I'm not really into forex trading pero curious ako. Ano ba ang copy trade?

You copy trades from other traders in real-time. Some broker offer this kind of product.
Title: Re: Filipino forex traders, converge here!
Post by: Robinroo on Mar 11, 2015, 04:59 PM
hello guys, tanong ko lng po kung pano po mapredict ang actual event sa economic calendar?

nag aaral pa ako bago ako magbukas ng live accnt.. im currently trading at ironfx demo accnt laki ng loss ko pero sundan ko parin ung events..  thanks po sa magreply  :D
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 20, 2015, 10:05 PM
 :welcome: To me on this thread. After almost 2-3 years of studying forex, it was only yesterday that I thought of doing a research if there are Pinoy forex traders. Especially those who know a lot about forex trading online and everything that goes with it. When I found this thread I was actually very much happy. Now I can finally share what I have learned all those years, share my ideas and most importantly learn from fellow Filipino Forex traders which would be a great experience.

Dami ko nakita mga experienced Forex traders na Pinoy dito. Ibig sbaihin matagal na pala alam ng mga Pinoy Forex trading. Inakala ko nga at first baka wala Pinoy na nakakaalam ng Forex trading (baka lang naman  :D). Now I know.  :D Kaso parang hindi na ata active tong thread na to sana may mag-reply sa post ko. Sana active pa tong thread na to. Sana makasali din ako sa mga group na ginawa nung mga experienced traders so I can continue to learn.

Right now I'm into demo trading, basically applying what I have learned. The preference na na-develope ko is I chose to be a system trader. Yung gumagamit ng trading system along with S&R levels off course(walang tatalo dun eh). Mas simple kase para saken kapag gumagamit ako ng system(notice I say simple not easy because after demo trading for quite sometime now, trading is never easy). May rules na for entering/opening and closing/exiting the trade.

Right now I'm demo testing a trading system. Ok yung naging result so far, sana magtuloy-tuloy. Yun lang muna sa ngaun. Next week I'll be posting my trading result. I'm demo trading on Fxpro. Para saken ito best broker(just my two cents).

Thanks. Sana active pa tong thread na to. Thanks ulit.
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 20, 2015, 10:13 PM
hello guys, tanong ko lng po kung pano po mapredict ang actual event sa economic calendar?

nag aaral pa ako bago ako magbukas ng live accnt.. im currently trading at ironfx demo accnt laki ng loss ko pero sundan ko parin ung events..  thanks po sa magreply  :D

One of the things I learned is wag mag trade based on events kase kung ano man yung news mag re-reflect na rin un sa price, so mag focus ka na lang sa price, price action to be specific. I also learned na news can't tell you where/when you should enter/open a trade. Yun lang and just my two cents. Thanks.
Title: Re: Filipino forex traders, converge here!
Post by: Robinroo on Mar 21, 2015, 12:35 PM
:welcome: To me on this thread. After almost 2-3 years of studying forex, it was only yesterday that I thought of doing a research if there are Pinoy forex traders. Especially those who know a lot about forex trading online and everything that goes with it. When I found this thread I was actually very much happy. Now I can finally share what I have learned all those years, share my ideas and most importantly learn from fellow Filipino Forex traders which would be a great experience.

Dami ko nakita mga experienced Forex traders na Pinoy dito. Ibig sbaihin matagal na pala alam ng mga Pinoy Forex trading. Inakala ko nga at first baka wala Pinoy na nakakaalam ng Forex trading (baka lang naman  :D). Now I know.  :D Kaso parang hindi na ata active tong thread na to sana may mag-reply sa post ko. Sana active pa tong thread na to. Sana makasali din ako sa mga group na ginawa nung mga experienced traders so I can continue to learn.

Right now I'm into demo trading, basically applying what I have learned. The preference na na-develope ko is I chose to be a system trader. Yung gumagamit ng trading system along with S&R levels off course(walang tatalo dun eh). Mas simple kase para saken kapag gumagamit ako ng system(notice I say simple not easy because after demo trading for quite sometime now, trading is never easy). May rules na for entering/opening and closing/exiting the trade.

Right now I'm demo testing a trading system. Ok yung naging result so far, sana magtuloy-tuloy. Yun lang muna sa ngaun. Next week I'll be posting my trading result. I'm demo trading on Fxpro. Para saken ito best broker(just my two cents).

Thanks. Sana active pa tong thread na to. Thanks ulit.

haha sir, ano po ung system na sinasabi nyo? ung gumagamit ng S&R levels? un po ba ung kagaya ng mga metatrader, etc? kc MT4 po gamit ko sa pagtrade via ironfx eh.. demo account palang din po ako  :hello:
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 21, 2015, 04:20 PM
haha sir, ano po ung system na sinasabi nyo? ung gumagamit ng S&R levels? un po ba ung kagaya ng mga metatrader, etc? kc MT4 po gamit ko sa pagtrade via ironfx eh.. demo account palang din po ako  :hello:

Well, I guess I have some explaining to do and at the same time something to share to you. May ginagamit ako indicator, auto pivot ung tawag. Nag-pprint ng S&R levels automatic. Makakatulong para madali na yung pag identify mo ng support/resistance levels. Isa kasi un sa pinaka importante sa trading yung alam mo ung S&R levels. Kase ung price pag malapit na sa S&R levels possible yung price reversals kase hindi na break yung support/resistance, so pwede ka mag open ng trade kapag nakita mo yung price na palapit na sa S&R level, pero kapag na break yung S&R level possible yung continuation ng trend nung price, pwede ka rin mag open ng trade if ever. Pwede rin gamitin ung mga levels as stop loss or take profit level.
Yung MT4 naman is a software lang, specifically a trading platform. Makakagamit ka ng charts and mga indicator, hindi sya trading system. Iba pa ung trading system.

Yung mga lines na nakikita mo yan ung printed ng indicator. Yung naka print pivot level and yung support level pero meron pa actually yan weekly pivot and dalawa yung nakaprint na support and resistance level, yung nasa pic isa lang kita. Yan yung sinasabi ko sayo.

Nakikita mo rin na yung price or candlesticks nag bounce na twice sa Daily S1 or ung first level of support so pwede naten sabihin na baka yung next move ng price eh pataas na. Pwede ka mag open ng trade then ung take profit level mo yung Daily Pivot. 40 pips yan kung aabot yung price sa daily pivot. Yung stop loss level mo naman 40 pips din para yung risk/reward ratio pantay 1:1, meaning 40 pips profit mo, 40 pips din losses mo. Marami pa ko mai share sayo kase hindi pa yan yung kabuuan ng system na ginagamit ko ngayon sa demo.

Thanks. Sorry sa mahaba kong post.

(http://i288.photobucket.com/albums/ll180/Marc_Angelo_Busilac_Cuenza/USDJPYM15_zpsmfv0jhb7.png) (http://s288.photobucket.com/user/Marc_Angelo_Busilac_Cuenza/media/USDJPYM15_zpsmfv0jhb7.png.html)
Title: Re: Filipino forex traders, converge here!
Post by: Robinroo on Mar 21, 2015, 04:57 PM
haha sir, ano po ung system na sinasabi nyo? ung gumagamit ng S&R levels? un po ba ung kagaya ng mga metatrader, etc? kc MT4 po gamit ko sa pagtrade via ironfx eh.. demo account palang din po ako  :hello:

ahh... un pala yun thank you!, so sir, nagtretrade po kayo through indicator parang (technical analysis)? hindi po kayo gumagamit ng news feed (fundamental events)? 
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 21, 2015, 05:07 PM
ahh... un pala yun thank you!, so sir, nagtretrade po kayo through indicator parang (technical analysis)? hindi po kayo gumagamit ng news feed (fundamental events)?

Yes more on technicals ako, using indicators para malaman ko kung kelan ako pwede mag open/enter a trade and exit/close the trade at the same time. Sa babypips and forexfactory marami ka makikita sangkatutak na trading system dun ikaw na bahala pumili kung ano gusto mo dun, yung tipong komportable ka gamitin at ika nga nila yung babagay sa personality mo. Basta yung komportable ka gamitin haha. Next time share ko sayo yung system na ginagamit ko sa demo trading. Aayusin ko lang yung mga ippresent ko sayo na info at pic para maintindihan mo.
Title: Re: Filipino forex traders, converge here!
Post by: Robinroo on Mar 21, 2015, 09:07 PM
ok sir marcnathan88 haha mag share din ako, try mo isearch ung jarattdavis sa google. bka makatulong  :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 23, 2015, 08:41 PM
ok sir marcnathan88 haha mag share din ako, try mo isearch ung jarattdavis sa google. bka makatulong  :cool2:

Thanks for sharing. Na search ko na sa google. Magaling na trader pala siya. Rank #2 sa Barclay currency trader index. Pero hindi ko trip ung style nya ,pero hindi ko sinasabi na ayoko sa style nya, hindi ko lang talaga preferred ung ganun. yun nga hindi ko trip haha. Fundamental analysis ung core strategy nya. Nagbabase sya ng trade according sa news. Kung negative ung impact ng news sell ung trade nya, kung positive buy naman. Pero madami pa siya analysis na ginagawa, marami pa siya interpretation sa bawat news kaya mejo hindi ko trip. Pag system ginagamit ko mas simple ung analysis. Focus sa indicator, sa price action, tapos pinaka importante sa S&R level. Pag system trader alam mo kung kelan ka may chance mag open ng trade and kung kelan ka may chance mag exit. Pero malaking tulong pa rin ung strategy niya kaya pag-aaralan ko. Malaking tulong para malaman ko ung possibleng over all direction ng price tapos maghahanap ako entry opportunity gamit ung trading system ko.

Thanks.
Title: Re: Filipino forex traders, converge here!
Post by: Robinroo on Mar 23, 2015, 10:15 PM
yup sir marcnathan!  :D

pero sa sarili kong opinion.. mas maganda kung pareho mo sila gamitin sa pagtrade para mas mataas % ng return diba? haha pinag - aaralan ko na rin ung trading systems, pivot positions, s&r levels.. etc basta magpapabihasa muna ako sa demo account hanggang sa maubos ko ung laman nun  :D in the end matututo tayo!
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 24, 2015, 12:23 PM
yup sir marcnathan!  :D

pero sa sarili kong opinion.. mas maganda kung pareho mo sila gamitin sa pagtrade para mas mataas % ng return diba? haha pinag - aaralan ko na rin ung trading systems, pivot positions, s&r levels.. etc basta magpapabihasa muna ako sa demo account hanggang sa maubos ko ung laman nun  :D in the end matututo tayo!

Yes tama ka. Pag-aaralan ko ung style nya and gagamitin ko pa rin pero for determining the over-all direction lang ng price. Magandang bagay din kase na alam mo ung possible na itatakbo nung price. Kung bearish ung overall directional bias pede ako maghanap ng sell opportunity. Kung bullish naman ung overall direction dahil sa positive impact ng news pede ako maghanap ng buy opportunity. Dahil sa trading system malalaman ko kung kelan ako pede mag enter ng trade. Kung news lang hindi mo malalaman kung kelan ka pwede mag enter ng trade. Maganda rin gamitin ung strategy. malaking tulong saten un. Goodluck sa pag papakabihasa naten.  :cool2:
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 25, 2015, 08:54 PM
Hi Everyone, baka gusto ninyo i-try and platform ng ACFX, Atlas capital FX. maganda ang execution. safe ang money nyo at mabilis pa magwithdraw ng profits. Hindi gaya ng ibang broker hirap magwithdraw. Ito ang broker namin ng grupo ko. http://www.acfx.com/  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 29, 2015, 10:14 PM
Hi Everyone, baka gusto ninyo i-try and platform ng ACFX, Atlas capital FX. maganda ang execution. safe ang money nyo at mabilis pa magwithdraw ng profits. Hindi gaya ng ibang broker hirap magwithdraw. Ito ang broker namin ng grupo ko. http://www.acfx.com/  :thankyou:

I assume your trading forex. Hindi ka ba agent nung broker na yan parang pinopromote mo eh pero it's nice to find forex traders here in the Philippines. Matagal na ba kayong forex traders nung grupo mo, full time ba or part time?  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 29, 2015, 10:52 PM
Hi. I am also interested on what is the best broker I can use. If not the best even with the least number of scams & complaints. I checked ACFX here: http://www.forexpeacearmy.com/public/review/acfx.com still not the one I'm looking for.. Is there anyone who can suggest?  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 29, 2015, 11:26 PM
Hi. I am also interested on what is the best broker I can use. If not the best even with the least number of scams & complaints. I checked ACFX here: http://www.forexpeacearmy.com/public/review/acfx.com still not the one I'm looking for.. Is there anyone who can suggest?  :thankyou:

Search na lang tayo sa forexpeacearmy dun sa brokers review section yung nila. Hanapin naten yung 4-5 stars ang rating sure kase yun na maraming good reviews pero I believe hindi pa rin tayo makakasiguro sa dahil lang sa good review kase nabasa ko rin once ns scheme din ng mga brokers na magbayad ng tao para mag iwan ng good reviews sa kanila pero hindi naman siguro lahat. Hindi naten talaga malalaman until hindi naten nasusubukan eh.
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 29, 2015, 11:41 PM
Search na lang tayo sa forexpeacearmy dun sa brokers review section yung nila. Hanapin naten yung 4-5 stars ang rating sure kase yun na maraming good reviews pero I believe hindi pa rin tayo makakasiguro sa dahil lang sa good review kase nabasa ko rin once ns scheme din ng mga brokers na magbayad ng tao para mag iwan ng good reviews sa kanila pero hindi naman siguro lahat. Hindi naten talaga malalaman until hindi naten nasusubukan eh.

Oo nga. Meron talagang mga ganyan pero we can check on the dates sa review. Halos lahat naman may complain lalo na pag losing sila  :D maganda nyan we analyze na lang kung same ang issues nila. Iba din kase ang demo sa live trade. Madami silang sinasabi sa website nila na di naman mangyayari after mo mag deposit ng funds kaya you have to bear with it. Like sa nangyari sa akin I was told na bibigyan ako ng 1:1000 leverage, after I deposited my funds 1:100 ang nagagamit ko sa trade. Mahirap mag trade sa 1:100 na leverage di ka masyadong makagalaw lalo na pag adverse ang trend sa position mo.
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 01:12 PM
I agree with @Deane_38, ang mga talo ang puro may complaints jan sa FPA and wala naman nanalo na nagcomplain diba. And talagang best move to know is to try the real account even small account just to try the broker. Hindi rin ako umaasa sa good review unless masubukan ko.  Kasi ganito ako dati, bara-bara, kaya shinare ko lang. Oo iba ang demo sa live, madalas mas maliit ang spread sa demo kesa sa live account.

@marcnathan88: yes matagal tagal na din ako nagtetrade ng forex since 2012, and yes nagtatarabaho ako ACFX , and yes ulit and grupo ng mga pinoy sa ACFX from different parts of the world ay satisfied naman dito. Galing na din ako sa iba't ibang broker, at sa daan daan traders na nakausap ko alam ko na ito ang may pinaka simpleng pamamaraan at rules. the simpler the better diba. Bilang trader,oo nagtry na din ako ng iba't ibang broker, hindi naman kasi sa rating yan or sa laki ng company yan, dun sa kung anu ang mai-ooffer sa iyo at serbisyo nila at kung swak yan sa atin bilang trader, parang gaya sa school wala yan sa school, nasa estudyante yan. Well , iba iba naman kasi tayo na hinahanap sa broker so depende pa din sa iyo yan. Sa 500+ na brokers sa mundo,  bihira na may pinoy sa loob ng broker, parang 4-5 na off- shore brokers lang may alam kong may Pinoy na account managers, at magkakakilala kaming lahat, nagsheshare din ng experiences. So isa ako sa kanila and I am at your service.

Andito ako to guide you and to share na din experiences ko at ng mga traders ko. It does not matter kung saan kayo broker nag tetrade, ang mahalaga ay kung nagbibigyan kayo ng tamang serbisyo at make sure well informed kayo ng terms at conditions nila.  :watchuthink:
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 30, 2015, 03:30 PM
Meron bang nag te-trade dito with AIPS Global Futures? I mean live trade. They seem to be good, just need feedback from anyone who traded with them.
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 03:53 PM
@Deane_38  is this their website http://www.aipsglobalfutures.com/latest-updates/ ? look at the contact information sa right side of the page, parang hindi makatotohanan and the address too. Be careful.
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 30, 2015, 04:12 PM
@Deane_38  is this their website http://www.aipsglobalfutures.com/latest-updates/ ? look at the contact information sa right side of the page, parang hindi makatotohanan and the address too. Be careful.

Oo nga  :hihi: kase may friend ako na sa kanila nag tre-trade & he is receiving 50% ROI monthly. Proceeds of his profit were deposited in his account ang tanong pag withdraw nya kaya ang capital nya makukuha nya kaya eto? Their main location is in  Level 7-1 Wisma Genting (New Wing) Jalan Sultan Ismail, 50250 Kuala Lumpur. I am just curious. Wala bang traders tayo na may live account dito and can give us feedback?
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 05:32 PM
sige ask ko officemate ko na Malaysian, naghahawak siya ng Malaysian market, baka alam nya yung AIPS kung safe or not, I will let you know. Check out nyo naman website namin and your trading groups http://www.acfx.com/ Salamat!!!
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 30, 2015, 05:52 PM
@ACFX: Thanks I will check on your site later.
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 06:16 PM
@ Deane_38, sabi ng officemate kong Malaysian, he never heard of AIPS, malamang daw scam kasi sa Malaysia they are not allowed to have forex brokers in their country. I hope nakatulong ako.
Title: Re: Filipino forex traders, converge here!
Post by: Deane_38 on Mar 30, 2015, 06:21 PM
@ Deane_38, sabi ng officemate kong Malaysian, he never heard of AIPS, malamang daw scam kasi sa Malaysia they are not allowed to have forex brokers in their country. I hope nakatulong ako.

 :thankyou:  Great help.. Sana makuha pa ng friend ko investment nya..

Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 30, 2015, 08:36 PM
I agree with @Deane_38, ang mga talo ang puro may complaints jan sa FPA and wala naman nanalo na nagcomplain diba. And talagang best move to know is to try the real account even small account just to try the broker. Hindi rin ako umaasa sa good review unless masubukan ko.  Kasi ganito ako dati, bara-bara, kaya shinare ko lang. Oo iba ang demo sa live, madalas mas maliit ang spread sa demo kesa sa live account.

@marcnathan88: yes matagal tagal na din ako nagtetrade ng forex since 2012, and yes nagtatarabaho ako ACFX , and yes ulit and grupo ng mga pinoy sa ACFX from different parts of the world ay satisfied naman dito. Galing na din ako sa iba't ibang broker, at sa daan daan traders na nakausap ko alam ko na ito ang may pinaka simpleng pamamaraan at rules. the simpler the better diba. Bilang trader,oo nagtry na din ako ng iba't ibang broker, hindi naman kasi sa rating yan or sa laki ng company yan, dun sa kung anu ang mai-ooffer sa iyo at serbisyo nila at kung swak yan sa atin bilang trader, parang gaya sa school wala yan sa school, nasa estudyante yan. Well , iba iba naman kasi tayo na hinahanap sa broker so depende pa din sa iyo yan. Sa 500+ na brokers sa mundo,  bihira na may pinoy sa loob ng broker, parang 4-5 na off- shore brokers lang may alam kong may Pinoy na account managers, at magkakakilala kaming lahat, nagsheshare din ng experiences. So isa ako sa kanila and I am at your service.

Andito ako to guide you and to share na din experiences ko at ng mga traders ko. It does not matter kung saan kayo broker nag tetrade, ang mahalaga ay kung nagbibigyan kayo ng tamang serbisyo at make sure well informed kayo ng terms at conditions nila.  :watchuthink:

 :applause: :thankyou: :cool2:

Agree ako. Malalaman mo lang talaga kapag nasubukan mo na yung broker at hindi mo malalaman kung hindi mo susubukan. Gaya nga nang sinabi ko may mga scheme kase yung mga broker na yan eh, minsan may binabayaran sila para siraan yung ibang broker then may binabayaran din sila para magbigay naman ng magandang review sa kanila. I'm also glad to hear na may mga pinoy pala sa ibang broker at kung maayos or at best maganda yung service ng ACFX edi pag kaya ko na mag-live yan na lang broker ko. Thanks for sharing. Pero ask ko na rin wala ba problema sa withdrawal and sa platform. Walang hunting ng stops, walang re-quotes, walang sudden spikes ng price, wala ba manipulation sa part ng broker. Ask ko na rin kung ano strategy ginagamit mo sa trading. Demo trading pa rin ako eh practice pa rin. May ginagamit ako trading system.

Thanks.
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 09:11 PM
@marcnathan88 , oo maganda ang service at execution ng ACFX, pero gaya nga ng sabi natin , to try is to believe. Sa withdrawal, yan ang maipagmamalaki ko sa amin, hindi kami gaya ng ibang broker na pipigilan ka magwithdraw, kahit kailan pwede.. May mga terms and conditions kami ( lahat naman ng brokers meron) pagdating sa promos , kaya responsisbility natin na ito ay basahin at unawain. kung hindi naman masyadong naintindihan, ask me or pasok kayo sa LIVE CHAT sa acfx.com. walang price spikes, market maker at may STP accounts kami -walang requotes yan. imposibleng magkaroon ng manipulation sa Forex, kasi ang presyo ng currencies kalaban ng isa ay nanggagaling sa liquidity providers, at ang takbo ng market ay hindi kayang makontrol ng kahit sino, dahil tayong mga traders ang market, malaki ang epekto natin sa pricing at trend, hindi naman nila makokontrol ang galaw natin at kung anu posisyon gagawin natin. Pagdating naman sa spreads, no worries kasi competitive ang spreads dito. regulated at licensed kame kaya hindi pwede maiba kung anu nasa website, ino-audit din kami ng Deloitte at PWC, Ako, sumasabay lang ako sa big news, scalping, resistance/support lang ako. mas simple mas mabuti for me. kasi may trabaho ako sa araw. at sa dami ng clients/traders, 24 hours din ako busy.
Title: Re: Filipino forex traders, converge here!
Post by: marcnathan88 on Mar 30, 2015, 09:49 PM
@marcnathan88 , oo maganda ang service at execution ng ACFX, pero gaya nga ng sabi natin , to try is to believe. Sa withdrawal, yan ang maipagmamalaki ko sa amin, hindi kami gaya ng ibang broker na pipigilan ka magwithdraw, kahit kailan pwede.. May mga terms and conditions kami ( lahat naman ng brokers meron) pagdating sa promos , kaya responsisbility natin na ito ay basahin at unawain. kung hindi naman masyadong naintindihan, ask me or pasok kayo sa LIVE CHAT sa acfx.com. walang price spikes, market maker at may STP accounts kami -walang requotes yan. imposibleng magkaroon ng manipulation sa Forex, kasi ang presyo ng currencies kalaban ng isa ay nanggagaling sa liquidity providers, at ang takbo ng market ay hindi kayang makontrol ng kahit sino, dahil tayong mga traders ang market, malaki ang epekto natin sa pricing at trend, hindi naman nila makokontrol ang galaw natin at kung anu posisyon gagawin natin. Pagdating naman sa spreads, no worries kasi competitive ang spreads dito. regulated at licensed kame kaya hindi pwede maiba kung anu nasa website, ino-audit din kami ng Deloitte at PWC, Ako, sumasabay lang ako sa big news, scalping, resistance/support lang ako. mas simple mas mabuti for me. kasi may trabaho ako sa araw. at sa dami ng clients/traders, 24 hours din ako busy.

Thanks. Ito yung ibig ko sabihin sa manipulation. I learned once na yung ibang mga broker minamanipulate yung MT4 platform nila. Minamanipulate yung mga candlesticks nila so they can hunt and eventually find your stop loss. Mabuti naman kung hindi ganun yung ACFX. Sa wakas may maganda na ring broker na nakita haha. Na-visit ko na yung site nila. Nagtanong ako about sa demo account kung unlimited ba, hindi nag-eexpire. Hindi ata ako masagot nung isang agent pinasa ko sa Philippine support haha. Pinay nakausap ko. Kristel pangalan. Fist time ko naka-encounter ng pinoy sa live chat. Matagal na rin kase ako nag-iinquire sa mga chat ng ibang broker kaya nasanay ako na English haha.

Ano pala name ng Forex Regulatory Organization na nag-reregulate sa inyo??

Thanks.
Title: Re: Filipino forex traders, converge here!
Post by: ACFX on Mar 30, 2015, 10:06 PM
@marcnathan88, CySec, MiFid, registered in London, Investor compensation fund, audited by Deloitte and Pricewater Coopers. Maayos dito!
Title: Re: Filipino forex traders, converge here!
Post by: magforex on Aug 14, 2015, 04:31 PM
hello guys,
Im new here but matagal ng forex trader.
I join mainly to connect with like-minded individuals so I hope we can share and learn together.
btw, Im mainly trading EURUSD on a regular basis.  :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: Siamboy on Oct 10, 2015, 05:47 AM
Live trader din ako, Pinoy based in Thailand.

I trade FX and CFD's during Asia and European sessions.

EURAUD, GBPAUD and indices ASX200, NIKKEI and DAX.
Title: Re: Filipino forex traders, converge here!
Post by: aidylfx on Oct 30, 2015, 08:49 AM
Hi mga sir,

ask ko lang po sana if may nakaka alam or nkakakilala or na dinig nyo na ang name na "Apollo Villarama"

and the broker xm.com


thanks po sa mga sasagot :)
Title: Re: Filipino forex traders, converge here!
Post by: klenida on Dec 02, 2015, 09:37 PM
Meron na pong nakaexperience dito ng broker Pepperstone or IC Markets? Both based in Australia. Kung meron, kamusta? :thanks:
Title: Re: Filipino forex traders, converge here!
Post by: pipcycler on Dec 27, 2015, 09:34 AM
Meron na pong nakaexperience dito ng broker Pepperstone or IC Markets? Both based in Australia. Kung meron, kamusta? :thanks:

Na try ko na ang Pepperstone demo at mababa ang spread nya sa mga exotic pairs. Mabilis rin yung connection nya hindi na disconnect tulad sa ibang demo brokers.
Title: Re: Filipino forex traders, converge here!
Post by: andy9887 on Jan 04, 2016, 05:12 PM
Hi, happy new year everyone

I'm new to this and im just wondering if there is any trusted IB in Philippine I can deposit money for trading or can you recommend any trading school before starting with real money?

Thank you
Title: Re: Filipino forex traders, converge here!
Post by: ArmilVelos on Feb 01, 2016, 02:21 PM
Hi, happy new year everyone

I'm new to this and im just wondering if there is any trusted IB in Philippine I can deposit money for trading or can you recommend any trading school before starting with real money?

Thank you

I recommend this free online training school of pipsology http://www.babypips.com/school of where I started learning my basics. Also, no need to approach an IB. You can create Forex account without IB.
Title: Re: Filipino forex traders, converge here!
Post by: Somerset on Mar 08, 2016, 02:52 PM
Ano ang ginagawa ng Metis? Itago nyo na lang ako sa pangalan na Odessa. Nagwork ako sa Metis noon at ang trabaho ko ay tignan ang winning trades ng mga clients namin at i-manipulate ang currency prices. Sa madaling salita, kami ang nagdidikta kung mananalo ang clients o matatalo. Marami kaming jargons na ginagamit:
1. Scoop – i-ihihit namin ang SL ng client kahit di naman dapat mahit. eto depende kung malaki account ni client 100k above, highlighted na to automatically.
2. Lag – gagawa kami ng kunwari glitch para pag nahit si client ng loss at di nya nabantayan ang trade nya. auto loss agad sa kanya. Paano naman pag win si client? irerevert back naming sa system ang profit nya, babawiin naming ang profit nya at sasabihin glitch kasi, walang palag si client.
3. Retrace – magbibigay ng trade recommendation kami sa mga client. then imomonitor namin ang activities nila. alam namin kung saan sila nagtetrade (ip address, location, mobile o desktop, online o offline, margin call para iready ang Laser. ipapaliwanag ko susunod ang laser).  kung sino ang sumunod sa reco, retrace na yun. Dahil nakalagay ang entry price,sl,tp. nakaset na sa system namin kung kailan ihihit ang sl, most likely pag may economic data o news. Tuwing retrace, makikita namin from hundreds of thou to 30k to 20k nalang matitira. eto yung pyesta sa min kumbaga. Celebration na after, free foods and drinks.

4. Laser – ito ang software na gamit namin pag retrace. Nakaconnect ito sa database at collated lahat ng trades ng client at 100% scoop ang within parameters. Auto-loss agad sa client. Madalas na biktima nito ay ung may malalaking traded lot .05 and above. kung 1 lot ka, asa ka pang manalo.
Lahat ng makukuha sa clients mapupunta sa accounts nila Jacob Park, Yun Ho Ree, at Temie Lanaria mga VP ng company.  Tapos idedeposit papunta sa Maybank naman para kay CEO Justin Jung na umalis na ng pinas at ngayon ay nasa Korea.
Commission-based kami. Kaya mas maraming minomonitor mas malaki kikitain namin. Matyaga kami magpaconduct ng seminar dahil mas okay pag new accounts kasi most of them wala pang alam. Madaling bolahin.
Umalis ako dahil sa utos na rin ng SEC na itigil ang operation at tagged as Scam ang company. Pero ngayon flybynight nag-ooperate parin ang metis. Dahil most clients ay nagwiwithdraw na, pati mga banko sinarado deposit accounts nila(metrobank,bpi,bdo). maybank nalang ang natitirang option para makapagdeposit ka. talagang ginawan pa ng metis ng paraan. haha, 10% tax deduction + 50pesos pag nagwithdraw ka. Di ko kayo pinipilit na paniwalaan ako, subukan nyong magdeposit, always welcome kayo sa metis.
Title: Re: Filipino forex traders, converge here!
Post by: Leking on Mar 09, 2016, 03:27 PM
Hi Guys tanong lang po para dun sa mga may online forex account. Naka encounter na po ba kayo ng withdrawal na hindi pumasok sa card nya at binigyan kayo ng ARN ng forex online broker. Kasi po di rin po alam ng bank ko kung ano yung ARN. Kaya hindi nila matrace yung nangyari sa withdrawal ko. Salamat po in advance sa makakasagot.
Title: Re: Filipino forex traders, converge here!
Post by: BatangHamog on Mar 09, 2016, 04:19 PM
Hi Guys tanong lang po para dun sa mga may online forex account. Naka encounter na po ba kayo ng withdrawal na hindi pumasok sa card nya at binigyan kayo ng ARN ng forex online broker. Kasi po di rin po alam ng bank ko kung ano yung ARN. Kaya hindi nila matrace yung nangyari sa withdrawal ko. Salamat po in advance sa makakasagot.


looks like you've been scammed. Which forex broker is this? there is no such ARN thing required or seen on any paper works to be filled up from the bank in order to make a withdrawal. We can speculate that this ARN thing by your forex broker is their cheating way to make dissolve or difficult for your to solve/retrieve your money, but the truth is your money is still with your broker. Pinapalabas lang nila thru that ARN na ngbayad na sila ng dividends to their account holders. But your recepient bank doesnt recognizes that ARN thing.

Not to scare you but this is how i see it. Good luck with your battle and hope you can share more your experience with us.
Title: Re: Filipino forex traders, converge here!
Post by: Wilson on Mar 11, 2016, 05:11 PM
 :hello:
Hi Pinoy traders, which brokers are popular or most recommended in Philippines?
Becoming their IB, what is the rebate %? If possible, what are the terms and conditions?

Cheers all
 :thankyou:
Title: Re: Filipino forex traders, converge here!
Post by: blockchain76 on Aug 08, 2016, 09:10 AM
my broker is tradersway and i use bitcoin for deposits and withdrawals

also check my youtube channel dedicated for forex traders, i mostly do price action trading

https://www.youtube.com/channel/UCzQZ-sYnhA4lxRUZC9Mv1xQ
Title: Re: Filipino forex traders, converge here!
Post by: okpinoy on Sep 04, 2016, 11:47 AM
Hello ka-PMT traders,

You are all invited to a free advanced webinar on sep15 7:00pm. No string attached guys, this is not a pre-selling event and no upselling will be done in the webinar. The speaker is a TOP10 champion in MyFXBook and you will see in the webinar his live account history in myfxbook. He wiill do this event to help us fellow pinoy traders to be successul.

Here is the link to the details and registration link https://www.facebook.com/photo.php?fbid=10153736416676135&set=gm.1777155919239171&type=3&theater (https://www.facebook.com/photo.php?fbid=10153736416676135&set=gm.1777155919239171&type=3&theater)

Happy Sunday Guys :)
Title: Re: Filipino forex traders, converge here!
Post by: sir_scratch182 on Sep 27, 2016, 08:22 PM
may chat group ba sa mga pinoy trader? saan pwed mag join?
Title: Re: Filipino forex traders, converge here!
Post by: ntc on Nov 25, 2016, 08:21 PM
Anybody here who knows greg secker and his learn to trade? They are tied up with the broker capital index. Does it ring a bell? Legit kaya sila?
Title: Re: Filipino forex traders, converge here!
Post by: Hopialikeit on Dec 11, 2016, 07:20 PM
Anybody here who knows greg secker and his learn to trade? They are tied up with the broker capital index. Does it ring a bell? Legit kaya sila?
I found this Quora thread about him
https://www.quora.com/Is-Greg-Seckers-forex-trading-real-or-a-scam

Anyone attended his free seminars? I am also interested to know

Title: Re: Filipino forex traders, converge here!
Post by: Ritch on Feb 17, 2017, 10:45 AM
Hi, happy new year everyone

I'm new to this and im just wondering if there is any trusted IB in Philippine I can deposit money for trading or can you recommend any trading school before starting with real money?

Thank you

Why look for an IB if pwede ka namang rumekta sa broker? IB pagkakakitaan ka lang, ung broker na mismo puntahan mo. Ang IB is revenue share or 1 time profit affiliates lang ng IB. In the end, itatapon ka din nila sa broker. Best to go to the broke directly.

try nyo to... para sa mga newbies or wala pang experience and want to gain experience. I tried it before myself. Happy I did. pag nag sign up ka sa kanila 2 account makkuha mo, isang live and demo account. demo account 2 weeks lang pero pag nanalo ka, ung panalo mo iccarry over sa live account mo. pag natalo, wala lang. atleast safe 2 weeks mo. dito ko nakita sa link na to. check it out na lang or sign up. Legit sila I have 2k+ account with them now.

https://goo.gl/forms/UyvlzFzvC7KbBmhO2
Title: Re: Filipino forex traders, converge here!
Post by: Ritch on Feb 17, 2017, 11:32 AM

looks like you've been scammed. Which forex broker is this? there is no such ARN thing required or seen on any paper works to be filled up from the bank in order to make a withdrawal. We can speculate that this ARN thing by your forex broker is their cheating way to make dissolve or difficult for your to solve/retrieve your money, but the truth is your money is still with your broker. Pinapalabas lang nila thru that ARN na ngbayad na sila ng dividends to their account holders. But your recepient bank doesnt recognizes that ARN thing.

Not to scare you but this is how i see it. Good luck with your battle and hope you can share more your experience with us.

Tama, dapat gawin mo pag nag open ka ng account, nasa finacom sila. financial commission PLC. mangyare, pag na scam ka at ung broker mo ay member ng Finacom, pwede ka magreklamo, pag nanalo ka sa complain mo, upto $20,000 ang makukuha. UPTO hindi sakto, ok. saka andali mag file ng complain sa finacom.
Title: Re: Filipino forex traders, converge here!
Post by: Ritch on Feb 20, 2017, 01:40 PM
Meron ba talagang traders dito?
Title: Re: Filipino forex traders, converge here!
Post by: RETHIEJ on May 03, 2017, 03:21 PM
Hello..please enlighten me..i am about to register to a forex broker online but some issues is bothering..
 1.do i have to secure some government permits before i start trading forex online?
 2. Is it legal in the philippines to trade forex online?
 3. What are my legal obligations while trading forex?
Title: Re: Filipino forex traders, converge here!
Post by: Ritch on May 04, 2017, 11:28 AM
1 - No need.
2 - yes and no. No, because forex companies cant get a regulation here or a license. Yes if you are a trader and the broker is from other country. Although central banks all over the world doesnt want people to trade in forex or binary.
3 - none. Just find a legit broker. make sure they are registered with finacom.

**if you need help I can get you a free training before ka mag start ng pagtrade. napaka useless na matuto ka while doing it. matatalo ka lang
Title: Re: Filipino forex traders, converge here!
Post by: Castor on Sep 01, 2017, 03:56 PM
Hello,

Anyone here have heard of Ezekiel Chew? I'm trying to learn the way he trades and I also have a cd of him conducting a seminar.

I'm looking for someone who is following his principles in forex trading. Hopefully, we could collaborate and learn together. Thanks
Title: Re: Filipino forex traders, converge here!
Post by: Aleziev on Sep 03, 2017, 06:52 PM
interesting
Title: Re: Filipino forex traders, converge here!
Post by: Castor on Sep 03, 2017, 09:20 PM
Thanks. Feel free to shoot me a message, anyone who is interested.
Title: Re: Filipino forex traders, converge here!
Post by: Searching on Oct 07, 2017, 09:57 PM
Hi, I am about to start my journey as a trader. Do you guys know a good broker where I can learn the basics of trading?
Title: Re: Filipino forex traders, converge here!
Post by: wmsilva on Oct 10, 2017, 09:37 PM
hi anyone care to give free training in makati?
Title: Re: Filipino forex traders, converge here!
Post by: mindrich on Oct 15, 2017, 07:09 PM
Hello po, matagal na rin ako sa forex trading at may nagawa akong free training course para sa mga Pinoy,
sana makatulong to sa mga interesado matuto ng forex trading. Ginawa ko tong simple at madaling maintindihan.

Punta lang kayo dito sa site ko http://dongmatic.com/free-quick-forex-training-course/
Title: Re: Filipino forex traders, converge here!
Post by: sebseb on Oct 16, 2017, 02:37 PM
Hello guys! I know that XM and HotForex have been the most popular Forex brokers here in the Philippines, but I'd like to recommend FreshForex. Execution-wise, FreshForex is fast and does not delay. I'm also part of their affiliate program, and I have been earning about $150 commission per month. I have 11 clients under me who are actively trading. I suggest you guys give them a try. You start with a demo account.
Title: Re: Filipino forex traders, converge here!
Post by: ToferFx on Oct 21, 2017, 04:06 PM
Do we have a regulation sa philippines na ang license forex trader lamang ang pwede mag trade the retail forex at mag claim nag profits. Yun po kasi ung sabi sa aking nag banko nag kinausap ko pra mag open nag  new accounts.  they were asking me for a license number? anyone familiar with it? tska po sa pagiging educator, may license din po ba tayo dito?

thanks po
Title: Re: Filipino forex traders, converge here!
Post by: amasani76 on Nov 03, 2017, 04:11 PM
please do not learn from broker, learn from retail/individual traders who are successful in trading
Title: Re: Filipino forex traders, converge here!
Post by: 1Bellatrix1 on Nov 04, 2017, 03:00 AM
I am also interested in forex. Anyone heard of alpari?
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Nov 22, 2017, 04:27 PM
Hello fellow Forex traders!

Has anyone here tried being an introducing broker for a Forex broker? I tried being an IB with XM, and now JustForex. So far, the latter pays better commissions and clients under me are satisfied. Tell me your experience being an IB!
Title: Re: Filipino forex traders, converge here!
Post by: mr. stylistic lee on Nov 24, 2017, 11:15 AM
Im a newbie too..i want to learn too..
Title: Re: Filipino forex traders, converge here!
Post by: Arcx on Dec 03, 2017, 09:57 PM
I found this Quora thread about him
https://www.quora.com/Is-Greg-Seckers-forex-trading-real-or-a-scam

Anyone attended his free seminars? I am also interested to know

Nka attend po ako ng seminar nila dito sa cebu nung Nov. 18. At the end sa seminar, iinvite kayo na mag enroll sa training program nila at bumili ng software nila. Maganda yung software nila kasi yun na ang mag aanalyze kaya madali lng maka profit at calculated na ang risk. Mahal nga lng ang bayad, 20k+  lahat2, discounted na yun kng scholar daw.


Sana makahanap din po ako ng mentor dito sa forum para makaturo po sakin ng one on one about forex trading
Title: Re: Filipino forex traders, converge here!
Post by: chiamfxtrader on Dec 11, 2017, 08:07 PM
Ano ang ginagawa ng Metis? Itago nyo na lang ako sa pangalan na Odessa. Nagwork ako sa Metis noon at ang trabaho ko ay tignan ang winning trades ng mga clients namin at i-manipulate ang currency prices. Sa madaling salita, kami ang nagdidikta kung mananalo ang clients o matatalo. Marami kaming jargons na ginagamit:
1. Scoop – i-ihihit namin ang SL ng client kahit di naman dapat mahit. eto depende kung malaki account ni client 100k above, highlighted na to automatically.
2. Lag – gagawa kami ng kunwari glitch para pag nahit si client ng loss at di nya nabantayan ang trade nya. auto loss agad sa kanya. Paano naman pag win si client? irerevert back naming sa system ang profit nya, babawiin naming ang profit nya at sasabihin glitch kasi, walang palag si client.
3. Retrace – magbibigay ng trade recommendation kami sa mga client. then imomonitor namin ang activities nila. alam namin kung saan sila nagtetrade (ip address, location, mobile o desktop, online o offline, margin call para iready ang Laser. ipapaliwanag ko susunod ang laser).  kung sino ang sumunod sa reco, retrace na yun. Dahil nakalagay ang entry price,sl,tp. nakaset na sa system namin kung kailan ihihit ang sl, most likely pag may economic data o news. Tuwing retrace, makikita namin from hundreds of thou to 30k to 20k nalang matitira. eto yung pyesta sa min kumbaga. Celebration na after, free foods and drinks.

4. Laser – ito ang software na gamit namin pag retrace. Nakaconnect ito sa database at collated lahat ng trades ng client at 100% scoop ang within parameters. Auto-loss agad sa client. Madalas na biktima nito ay ung may malalaking traded lot .05 and above. kung 1 lot ka, asa ka pang manalo.
Lahat ng makukuha sa clients mapupunta sa accounts nila Jacob Park, Yun Ho Ree, at Temie Lanaria mga VP ng company.  Tapos idedeposit papunta sa Maybank naman para kay CEO Justin Jung na umalis na ng pinas at ngayon ay nasa Korea.
Commission-based kami. Kaya mas maraming minomonitor mas malaki kikitain namin. Matyaga kami magpaconduct ng seminar dahil mas okay pag new accounts kasi most of them wala pang alam. Madaling bolahin.
Umalis ako dahil sa utos na rin ng SEC na itigil ang operation at tagged as Scam ang company. Pero ngayon flybynight nag-ooperate parin ang metis. Dahil most clients ay nagwiwithdraw na, pati mga banko sinarado deposit accounts nila(metrobank,bpi,bdo). maybank nalang ang natitirang option para makapagdeposit ka. talagang ginawan pa ng metis ng paraan. haha, 10% tax deduction + 50pesos pag nagwithdraw ka. Di ko kayo pinipilit na paniwalaan ako, subukan nyong magdeposit, always welcome kayo sa metis.

Thank you Ma'am Odessa!
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Dec 21, 2017, 05:40 PM
JustForex has launched new contest and bonus promos!

New Year Contest 2018

The registration for their New Year Contest 2018 is until January 7, 2018 only. To win the contest, you will have to have the highest profits made by the end of the contest period. The 1st placer will receive $3000, the 2nd placer will get $1500, and the 3rd placer will win $500. Join now the contest and be on top! For more details, visit https://justforex.com/trading/promotions/new-year-contest-2018

Holiday Deposit Bonus

Deposit at least $50, and receive the bonus size of your choice (50%, 75% & 100%)! For more information, you can visit this link: https://justforex.com/trading/promotions/holiday-deposit-bonus
Title: Re: Filipino forex traders, converge here!
Post by: chiamfxtrader on Dec 21, 2017, 08:41 PM
Hi,

May ma reccomend ba kayo na brokers na nag pro2vide ng seminar sa manila? Thanks!
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Jan 05, 2018, 11:52 AM
Hello everyone! My broker, JustForex, is planning to conduct free seminars in the Philippines. I will be posting updates on this thread. Thank you!
Title: Re: Filipino forex traders, converge here!
Post by: tonytony on Jan 06, 2018, 12:06 PM
Ano po cheapest way to deposit in OANDA? Paypal po kasi gamit ko sa pagdeposit dun, eh medjo malaki ung kaltas. All in all, mga 10% ung naalis.
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Jan 16, 2018, 08:54 PM
Hello guys! JustForex will conduct a series of free Forex seminar in the Philippines early this year. For updates, you can check their Philippine facebook page https://www.facebook.com/JustForex-Philippines-1561105257260071.

Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Jan 24, 2018, 05:09 PM
May free seminar po ang JustForex sa February 24 sa Makati. Post ko dito ang location kasi kinoconfirm pa ng management. Everyone is invited to join!
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Jan 31, 2018, 04:51 PM
EXCLUSIVE HAPPY WEEKS OFFER FOR ALL JUSTFOREX CLIENTS.

The New Year holidays ended but the promotions for JustForex clients continue. Get a chance to open ECN Zero accounts with 50% less amount of min deposit and trade with commission reduced by 50%. These special conditions on ECN Zero accounts will be available only from January 29, 2018 till February 11, 2018.


https://justforex.com/landing/happy-weeks
Title: Re: Filipino forex traders, converge here!
Post by: Alpari Partner on Feb 01, 2018, 01:55 AM
Hi,

Alpari offers the best seminars in the Philippines. Send me a message and register [https://alpari.com/en/?partner_id=1233172] and attend our seminars :)

Title: Re: Filipino forex traders, converge here!
Post by: wmsilva on Feb 08, 2018, 12:06 AM
Hi
interested.

Can you provide the details?

ty
Title: Re: Filipino forex traders, converge here!
Post by: jetpack1988 on Feb 09, 2018, 10:36 PM
 Sir mam pwd po humingi ng advice. Un friend ko po kz n ngfoforex trading hinahanapan ng permit ng bank. Nde nya po tuloy mawithdraw un money nya s bank bcoz of AMLC daw po. Anu po need n gwin?  Salamat po s advice.
Title: Re: Filipino forex traders, converge here!
Post by: jordanforextrading on Feb 21, 2018, 12:43 PM
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Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Feb 27, 2018, 04:37 PM
Seats are still available for our 4-hour free Forex seminar on March 3 at Y2 Residence Hotel in Makati.

The seminar, which is free of charge, will be led by Alex Samson of the Philippine Association of Forex Traders Inc. (PAFTI).

Attendees will also receive bonus promo codes.

Register now! https://justforex.com/promo/forex-seminar-makati/
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Mar 02, 2018, 02:42 PM
Hi guys! May seats pang available para sa free Forex seminar ng JustForex. Bukas na po ang seminar (March 3, 2018) sa Y2 Residence Hotel sa Makati, 1-5pm. The seminar will be led by Alex Samson of the Philippine Association of Forex Traders Inc. (PAFTI).

Mag-register lang kayo sa link na to: https://justforex.com/promo/forex-seminar-makati/
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Mar 13, 2018, 02:28 PM
As part of JustForex's market expansion in the Philippines, they looking for Filipino introducing brokers/IBs that can represent the company and its services. They offer one of the most competitive commission structures in the market right now which include a $500 loyalty bonus every month. You can send them a message here: https://www.facebook.com/JustForex-Philippines-1561105257260071/

More info about their partnership programs: https://justforex.com/partnership/?afm=94b132
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Apr 10, 2018, 06:57 PM
Hello fellow traders!

JustForex has launched a new Forex contest in which Forex traders compete to be the highest profit earner at the end of the contest period. This is a good opportunity for you to test how good you are as a trader and at the same time win real trading funds. There will be 3 winners.

The 3 winners will receive:

1st placer - $500
2nd placer - $250
3rd placer - $100

Registration is until April 15, 2018 only. Join now! Visit https://justforex.com/landing/forex-sprint
Title: Re: Filipino forex traders, converge here!
Post by: Bryan_099 on Jun 07, 2018, 11:32 AM
As part of JustForex's market expansion in the Philippines, they looking for Filipino introducing brokers/IBs that can represent the company and its services. They offer one of the most competitive commission structures in the market right now which include a $500 loyalty bonus every month. You can send them a message here: https://www.facebook.com/JustForex-Philippines-1561105257260071/

More info about their partnership programs: https://justforex.com/partnership/?afm=94b132
Title: Re: Filipino forex traders, converge here!
Post by: Ani76Trader on Aug 20, 2018, 09:14 PM
@ jetpack1988
Have you solved your issue?
I think you have to register and get a certificate from AMLC (Anti-Money Laundering Council).

BR
Title: Re: Filipino forex traders, converge here!
Post by: OneesanDada379 on Sep 15, 2019, 04:12 PM
Sir mam pwd po humingi ng advice. Un friend ko po kz n ngfoforex trading hinahanapan ng permit ng bank. Nde nya po tuloy mawithdraw un money nya s bank bcoz of AMLC daw po. Anu po need n gwin?  Salamat po s advice.

Ano pong permit ang hinahanap? Business permit ba?
Ganyan din kasi na encounter ko sa bank, ang sabi di ko magagamit yung bank account for trading purposes if wala akong permit to trade. Need ko daw sya i declare as a business and secure permits.
However ang problema ko, SEC announced last Oct 2018 that all forex trading activities are ILLEGAL in the Philippines. So I'm trying to research muna bago ako mag-asikaso ng business permit.

Any forex trader here who has a permit to operate? Thanks.
Title: Re: Filipino forex traders, converge here!
Post by: gambler103 on Sep 17, 2019, 01:57 AM
Naku! balak ko p naman mag forex. Profitable ba talaga forex?