Thursday, April 28, 2011

Gold price continue to rise

Seeing the growth if money in the account, I really hope the FXCM account which I am playing now is a live account instead of practice account.

I am earning a lot betting on gold price continues yo rise.

Anyway, I do not play large lot as previous lesson ( real money USD$3000) taught me not be too greedy. I need play safe.





posted from Bloggeroid

Tuesday, April 26, 2011

Gold and silver price fall slightly

Both gold and silver have jumped to history high price last 2 days and fall down slightly.

When I saw its price is going down and caused me losses(I bought in near the highest price), I open pending buy limit.

And now, the gain I get from the buy limit order managed to cover the loses ftom buy order near highest gold price.







posted from Bloggeroid

Thursday, April 21, 2011

GBP/USD rise from 1.63 to 1.65

it takes about 14 days for me to reap profits on buying GBP/USD

i didn't put stoploss on the trade i open, but if the loss is over $200,i will recheck the trend, if there is no way for the trade to make profit, i will close the trade to avoid further losses.






posted from Bloggeroid

Wednesday, April 20, 2011

Gold rises above $1500 an ounce

Gold price continues to rise as more demand on it as a stable investment.



posted from Bloggeroid

Tuesday, April 19, 2011

Silver is also a good investment besides gold

Price of silver rose more than double since last year Oct. 100% return in six months time

Silver XAG/USD is an alternative good investment other than gold.





posted from Bloggeroid

Monday, April 18, 2011

EUR/GBP drops

I didn't put stoploss to the trade I opened but I will monitor the loss closely. Once i noticed the trend is opposite my opened trade, I will close the order manually to avoid any further losses.

I saw EUR/GBP is continuously dropping thus I closed my Buy trade on EUR/GBP






posted from Bloggeroid

Sunday, April 17, 2011

Gold price rose to all-time high at $1489.10 an ounce

I read news from Bloomberg Android app reporting that Gold price rose to all-time high at $1489.10 an ounce

Gold is considered as a stable investment as its price seldom drops drastically. It will continue to rise up steadily. Whenever there is debt crisis, earthquake, political warfare,etc gold price rose drastically.





posted from Bloggeroid

Friday, April 15, 2011

FXCM Android app

FXCM has its own Android app but the design and function are not very good compared with Trade Interceptor. That is why my practice account with FXCM but I am using Trade Interceptor to trade

See pictures below yo have a better look into FXCM Android app













posted from Bloggeroid

Thursday, April 14, 2011

Invest in XAU/USD

Hi guys and girls, it is really rewarding believe in gold value.

In the previous post, I mentioned I will set buy limit on gold as I believe eventually it will rise up.

See picture below on my trade results on gold







posted from Bloggeroid

Tuesday, April 12, 2011

Buy XAU/USD

Well, gold price keeps moving up and I feel safer buying gold rather than selling gold.

Usually if i notice a moving down trend in gold price, i will put a pending order buy limit because I know eventually the gold price will move up.









posted from Bloggeroid

Monday, April 11, 2011

Trading forex on Android phone

Hi all, below is the snapshot I took from my Android forex app - Trade Interceptor





posted from Bloggeroid

Sunday, April 3, 2011

Recommend two Android app for mobile forex trading

I have been trading forex on practice account using my Android phone

At here, I would like to recommend two android app for Mobile forex trading
1) FXCM
2) Trade Interceptor

You need open an account with FXCM, it can be live or practice account

Then, you trade using Trade Interceptor as it offers better function and chart than FXCM app

Keep the FXCM app as Trade Interceptor can only trade