F o r e x - A r c h i t e c t

Lama tak tulis blog ni.. last week sakit perut masuk Gleneagles Ampang 3 hari.. doctor cakap mungkin gastritis..dah buat semua check - ultra-sound, CT scan, full blood test, endoscopy, biopsy.. dr. masih tak sure what is the real cause of my abdomen pain.. so back to square one - could be gastritis stress.. kena diet la nampaknya… For the first time, pakai card insurans office. Dah kerja hampir 10 tahun dengan office ni, tak pernah terfikir nak pakai insurans kad ni, asik pakai sendiri punya jer. this time lanyak AIA office, 3 hari kat Gleneagle Ampang kena RM5800… padan muka..

check trade hari ni ada big move due to big news from US.. some of the hedging trade closed with nice profit.

FXDD Receives In-Principal Approval to open EU Operation

FXDD, a provider of online Forex trading, is pleased to announce that approval in-principle has been granted by the Malta Financial Services Authority (MFSA) to establish a Category 3 Investment Services company, FXDD Malta, Ltd. Malta is full member of the European Union and its financial services regulatory regime is fully compliant with all MiFID directives. In addition to providing dealing services to retail and professional clients, the new EU company will be eligible to transact foreign exchange, options, swaps, forward rate agreements and other derivative contracts relating to securities, currencies, interest rates, and financial indices which may be settled physically or in cash.

“We have some more work to do until we can officially commence business operations, but we are very happy with the progress so far and expect to be able to open for customers very soon,” said Lubomir Kaneti, Chief Operating Officer of FXDD. “We have found that Malta is a great jurisdiction to establish a financial company with very a competent and comprehensive regulatory environment, a favorable business climate, a highly educated and well experienced work force, and the imprimatur as a full member of the European Union. FXDD Malta, Ltd. will benefit from passport provisions and will be officially approved to conduct business internationally including all the member countries of the European Union.”

Customers of FXDD Malta will be able to use all trading platforms currently offered by FXDD including MetaTrader4, MTXtreme, FXDD Trader, FXDD Auto, and Multibank ECN hubs using cutting edge Currenex and Integral technology. Customers will be able to choose between ticket-based or position-based platforms and will have more options for higher leverage levels. As an added benefit, in accordance with European regulations, customers’ funds will be segregated from corporate funds.

Sempena cuti hari raya ni, dah beberapa hari tak trade.. tutup kedai.. takut nak tinggalkan rumah dengan komputer on.. walaupun ada battery, takut kena lightning ker, hangus computer lagi parah nanti… waktu cuti raya layan notebook buat backtest untuk mencari idea-idea or technique trading yang menarik.. nie baru sampai KL maghrib tadi, switch on computer and restart trade. Ada juga position yang boleh close.

Interbank announce they will open UK branch, yeaaa… about time… they loosing customer due to the NFA stupid role.. I may come back and reactivate my account with IBFX since their price execution is not so bad.

Interbank FX UK Announces Opening of Office

Salt Lake City, November 25, 2009 — Interbank FX UK Ltd, a sister company to leading U.S. off-exchange retail foreign currency (Forex/FX) broker Interbank FX, LLC (www.ibfx.com), announced today the plans to open an office in Central London, aimed to accommodate and better serve the retail FX customer in the UK and Europe.

“We find it paramount to provide the best possible trading experience for our customers,” said Todd Crosland, Chairman and President of IBFX Holdings LLC. “Opening a UK based company will allow us to cater to our European and International customer base and provide our customers with the ability to trade additional asset classes, including; Spot Metals, oil, Indexes and CFD’s. Registration with the Financial Services Authority (FSA) provides brokers with the ability to hold customer funds in segregated margin accounts.”

Interbank FX UK Ltd. plans to provide a complete portfolio of services to better serve European customers, including proprietary Forex trading tools, sophisticated IT solutions and Multi-bank Liquidity Feed pricing.

Dear FXDD Customer:

As you know FXDD is in the process of registering with the CFTC and joining the NFA. In order to complete our registration process FXDD must be in full compliance with all applicable NFA and CFTC regulations. We are taking this opportunity to advise you that beginning Sunday November 29th, 2009 FXDD will implement strict compliance with all applicable CFTC and NFA Regulations. Going forward, FXDD’s back office system will be the official statement of record for all accounts. Meta Trader statements will not be recognized as official records. FXDD’s back office is compliant with all CFTC and NFA regulations regarding hedging and FIFO. Also, leverage will be adjusted to comply with NFA regulations.

Minggu ni masih busy lagi kat office, trying to clear all outstanding design work before Hari Raya Haji..
this is the result today.
Dah la cuti kena cancel pasal ada dateline, tension jer minggu nie…
Janji trade!

Baru dapat email dari IBFX, leverage dis reduced to 1:100.. boring giler.. dah la tak bagi hedge… memang confirm tutup la IBFX account nie.. baik stay dengan Forex.com and FXDD jer..

Dear Valued Customer,

In compliance with the upcoming NFA regulations, we will no longer be offering accounts with more than 100:1 leverage. We are also required to alter the leverage levels on our existing accounts. We want our customers to be aware of these new requirements to determine in advance how this may affect their trading plans and decisions.

We are writing you because this affects your live account with Interbank FX.

As of market open on November 29, 2009, all currency pairs will have a maximum leverage of 100:1, with the exception of the USD/SGD and the USD/ZAR which will have a maximum leverage of 25:1.

Please be aware that this change will impact your margin requirement for any open or future positions. For example, if you’re trading in a mini contract worth $10,000 at 100:1, you will need to post a $100 margin to open that mini lot trade. For a nano lot, which is 0.01 of a mini contract, you will be required to post $1.

The margin call and stop levels on your 100:1 account will be: Margin Call - 65%, Stop Out - 50%. As a contrast, if your account was 400:1 your levels would have been: Margin Call - 125%, Stop Out - 100%. Or Margin Call - 100% and Stop Out - 50% for a 200:1 account. We also want you to understand how leverage can work both for and against you.

Please consider your account balance and how the new margin requirements will affect you. If you need to deposit funds, simply click on the link below and remember, we now offer no fee credit card deposits.

Deposit Funds by clicking this link - https://secure.ibfx.com/tradingaccount/deposits.aspx

If you have not already done so, you can also register your account for our 10% deposit match promotion. Simply click on the link below and register your account.

Register for the 10% match by clicking this link - https://secure.ibfx.com/promotions/customer/10percent.aspx

If you have any questions regarding this email, please contact us via email, online chat, or on the contact numbers below.

We thank you for your continued support, and best of luck with your trading.

The Interbank FX team.
We are available by telephone 24 hours a day from Sunday at 5:00PM EST to Friday 5:00PM EST.

EU ni berbukit-bukit.. merapu jer direction dia.. lantak la, janji closed position with profit. Malas sungguh nak tengok trade sekarang, kerja kat office berlambak, persatuan penduduk punya meeting berderet, ni nak raya lagi sengkek sungguh… ish ish..  nak cerita trade kat sini pun macam merapu jer.. hehe hamtan jer la jang..

EU pair closed one hedge set hari Jumaat lepas. Tinggal satu open buy position, rasanya tengahari nanti close la nie.. jangan komputer buat hal lagi minggu ni sudah la… kerja berlambak lak this week pasal ada presentation next week, so tak der masa nak tengok trade sangat minggu nie… Hopefully there is no problem with the EA, jangan go sewel dah ler..

Ada late movement tengah malam ni, bit of spike… ada 2 pair hedge on EU closed nicely with small profit.