We can be contacted via twitter, facebook or email.
For General Enquiries: admin@fxgump.com
Mails directed to Gump: gump@fxgump.com
Mails directed to Mumu: mumu@fxgump.com
2011 FxGump Traders All Rights Reserve
We can be contacted via twitter, facebook or email.
For General Enquiries: admin@fxgump.com
Mails directed to Gump: gump@fxgump.com
Mails directed to Mumu: mumu@fxgump.com
2011 FxGump Traders All Rights Reserve
Hi Gump,
I’d like some feedback on my chart I’ve drawn up.As I’m not too sure about my analysis it would be a short though i made the order a little late below the ideal zone. I’ve calculated that things go as planned according to the current market sentiments on the ongoing situation in EUR and the chart over the past week showed similar trend there would be a gain of 80-90 pips on the safe side.
http://imageshack.us/photo/my-images/23/eurusdf.gif/
Hi Melchsee,
I have to agree that EUR is on a bear trend at the moment.
What I really think is market is at a turning point now based on my analysis of the daily chart.
This means that the market can go either way at this moment. Many bears should have taken profits and many bulls dare not enter to buy.
I’ll rather wait for the next interest rate news for the market to “showhand” before I trade with the direction of the majority.
This explains the lesser amount of signals we have churned out for the past 2 weeks.
In Summary
If you must do a short, you should not expect price to go below 1.4050.
If you want to buy, wait for price to clear above 1.4340 and do a throw back before going long.
Hopefully I’m of some help to you
That’s a good insight. I’d be sure to factor your advice in too! I’ve been day trading using just basic’s most of the time. And learning from your trade analysis and signals, its really a work of art learning from it
Thanks gump !
hello,at last i found you,i have something i would like to share with you,how do i send it to you?regards ken
hi ken,
Just send it to us via email.
Regards
Hi Gump,
Do you mind to share with me what charting software you are currently using for your swing trading? Also which broker’s live data feed?
Best regards
jhyc
Hey jhyc,
We are using Metatrader 4.0.
Regards.
hi gumps,
Ever since i started trading, another of friend of mine who also a trader told me about something regarding MAS. Currently I’m using fxprimus as my broker. They are not registered here with Singapore but they are a great broker internationally(im not trying to carry this broker high high ^_^).
The issue is this; a friend told me that its illegal using a broker that is not register here in Singapore due to their high leverage. Plus he says that we can’t bring in money to Singapore for more than $80,000 in a year or we would get into trouble with the authority. Can i clarify with u on this? cos i do my search on MAS website and they only mention that they advice on us to use broker that is registered with MAS so if any unforeseen circumstances eg. bankrupt, MAS could compensate the client back.
I hope it will take a little time of yours to get back to me. If you like you could email it back to me at nurhakim.jasmani@gmail.com
Regards,
Sandro
Hi Sandro,
If you reside in Singapore, we recommend u to sign up with a MAS regulated broker like Oanda, CMC, CityIndex or Saxxo.
The reason is simple, you are protected up to 100k on ur account bal.
In case one of the brokers goes down like MF Global, you are able to get your funds back as MAS guarantees the 1st 100k on ur account.
Also, for Singapore, bringing 20k in and out of sg requires you to declare ur reasons, should not b illegal as I know many friends who trade with overseas broker.
Just make sure they have strong track record, service and a proper office.
Fxprimus I have never used it before so I cannot comment on that.
Locally, the leverage is about 50x with some giving 100x leverage. I feel that 50x is more than enough for proper trading.
Hope this helps.
Regards,
Terry
hello Terry,
I am also a fan of Jason Stapleton. He is having 2 weeks free ratio room showing and trading live gartley and ABCD pattern. It started already on 9 Jan till next friday. Its from Singapore time 8pm up till around 12am everyday except the coming monday.
Thought you might be interested to attend. Here’s the link:
http://www.triplethreattrading.com/protraderroom
Hi Leon,
I’m always there. I’m his loyal fan.
Great that we both idolise e same trader.
Are u from SG too?
gump
ya..just ORD recently. I’ve been learning to trade and trading part time for about 1 and 1/2 years already but still not getting much success. So I’m now looking for a junior trader job.
How old are you and mumu?
Are you all trading full time?