• Announcements

    • Peraturan Umum, Sila baca !

      1) Perbincangan illegal , seperti download , provide link muat turun, lanun sebagainya ditegah dan akan dipadam tanpa notis. Sila ambil perhatian , sebarang perbincangan mengenai download men-download, sharing link yang berkait kepada illegal material: - akan dipadam serta merta - tiada kompromi, user akan diberi warn jika melakukan kesalahan sama Contoh related : - " aku tengah sedut ni.. sejam lagi siap.. " - " kat mana ko dload laju gile.. aku lagi 14 hari nk siap" 2) Spamming, double pos, smiley semata-mata adalah satu kesalahan besar, elakkan membuat susulan pos dibawah susulan sendiri. Warning tanpa notis akan diberikan. 3) Elakkan drama fanboyism , samada berkait dengan konsol, permainan pc dan sebagainya 4) Perbincangan private server tidak dibenarkan, namun multiplayer via hamachi group dibenarkan. 5) Cheat codes dibenarkan, tetapi tidak kepada [email protected] 6) Screenshot seeloknya bersaiz 640 x 480 ke bawah, sila gunakan code spoiler sekiranya tidak resize pic anda. 7) One line posting (susulan satu baris) tanpa menjawab persoalan dan tidak memberi apa-apa manfaat dikira sebagai SPAM. SILA GUNAKAN FUNGSI REPORT JIKA TERDAPAT USER/TOPIK YANG MELANGGAR PERATURAN DI ATAS. ____________________________________________________________ _______________________________ .::. Kegagalan mematuhi terma dan syarat boleh mengakibatkan posting anda di padam dan anda mendapat warn level secara percuma .::. ____________________________________________________________ _______________________________

GDMFX

Members
  • Content count

    2098
  • Joined

  • Last visited


Community Reputation

0 Normal

1 Follower



About GDMFX

  • Rank
    Ahli Rajin
  • Birthday 08/11/12

Contact Methods

  • Website URL http://www.gdmfx.com
  • Skype customersupport.gdm

Profile Information

  • Gender Male
  • Location Kuala Lumpur, Malaysia
  • Interests GDMFX is a New Zealand registered company - number 3945518 - and is subject to the relevant laws of New Zealand. Because a client's rights are of extreme importance to us, GDMFX has become a registered member of the Financial Dispute Resolution scheme (FDR) under Scheme Member number FM1624. Our management team has more than 20 years of experience combined. Our team consists of different team members that have different expertise.

Recent Profile Visitors


2053 profile views

GDMFX's Activity

  1. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Improve your trading skills every day and become a successful trader with GDMFX:
    http://goo.gl/n2cTfa
    • 0
  2. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: US DOLLAR REGAINS ITS SWAGGER. SUPPORT BROKEN AND LOWER PRICES TO FOLLOW


    EUR/USD

    Forex News: The Euro weakened yesterday after a disappointing German ZEW survey and this allowed the pair to break support and to move south for almost the entire trading session.



    Technical Outlook

    The pair is trading below the 50 period Exponential Moving Average and below 1.1775 so the short term outlook is bearish, making us anticipate a move closer to 1.1700. However, it must be noted that the last few candles are showing long wicks in their lower part and the Relative Strength Index is approaching oversold, which are signs of rejection. This means that the pair will probably retrace higher before reaching 1.1700 but as long as it remains below the 50 EMA, the bias is bearish.

    Fundamental Outlook

    At 8:10 am GMT, ECB President Mario Draghi will deliver opening remarks at the ECB Conference held in Frankfurt. The impact on the currency will depend on his attitude and matters discussed but cannot be anticipated beforehand. However, volatility is likely to surge and caution is always advised when heads of central banks speak publicly.

    At 12:30 pm GMT the U.S. Building Permits will be released, showing how many construction permits for residential buildings were released during the previous month. This is a gauge of future construction activity and usually the greenback is positively affected by a number above forecast, which for today is 1.25 Million (annualized number).


    GBP/USD

    The Pound pushed slightly higher at the time of the British CPI release (3.0% change, as anticipated) but it came under heavy selling pressure and dropped for more than 100 pips, breaking the key handle at 1.3250. 



    Technical Outlook

    The pair broke with ease the confluence zone created by 1.3250 and the 50 period EMA, showing increased bearish pressure. However, at the time of writing, the drop is showing rejection at 1.3160 so a move up cannot be ruled out. That being said, our bias remains bearish as long as price is trading below the 50 EMA and below 1.3250, so we expect a drop to 1.3100 or even lower.

    Fundamental Outlook

    The main event for the Pound today will be the release of the Average Earnings Index, which shows changes in the price that employers pay for labour. Higher wages lead to increased consumer spending and this in turn strengthens the Pound, so the indicator has a hefty impact. The time of release is 8:30 am GMT and the expected change is 2.1%.
    • 0
  3. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: FULL DAY FOR THE POUND: INFLATION DATA AND BOE GOVERNOR’S TESTIMONY


    EUR/USD

    Yesterday the pair moved below the 50 period Exponential Moving Average and approached the support at 1.1775 but overall the session was pretty slow. The Empire State Manufacturing Index posted a value of 30.2, higher than the expected 20.3 and this helped the US Dollar to some extent.



    Technical Outlook

    Although the pair descended below the 50 EMA, it lacks momentum and seems like neither side is in control. However, if the support at 1.1775 is not broken soon, this will show that the balance is tilting towards the bulls and 1.1840 will become the first target. Until an important level is broken, our view is mostly neutral.

    Fundamental Outlook

    The German ZEW Economic Sentiment will be released today at 9:00 am GMT and will show the opinions of about 300 German professional analysts and investors regarding a 6-month economic outlook for the German economy. Usually a higher number than the expected 20.3 is beneficial for the Euro but the impact is often low if the actual number matches the forecast.


    GBP/USD

    The pair remained in a tight range for most of yesterday’s trading session mostly due to the lack of economic data releases for the Pound.



    Technical Outlook

    Although yesterday the pair moved sideways for the most part of the session, in the afternoon we saw a drop into 1.3250 and into the 50 EMA, followed by a bounce higher. This shows that 1.3250 is still a good support level, thus a break will show increased bearish pressure. As long as the pair is trading between 1.3250 and 1.3350, our bias is neutral but a lot will depend on the British economic data.

    Fundamental Outlook

    Today is an important day for the Pound, due to the release of the British Consumer Price Index, which is the main gauge of inflation and is closely watched by the BOE when deciding interest rate changes. The time of release is 8:30 am GMT and the expected reading is 3.0% (previously 2.9%). Higher numbers usually strengthen the Pound because high inflation eventually leads to a rate hike.

    At 10:15 am GMT, BOE Governor Mark Carney will testify in London, before the Treasury Select Committee. This testimony may have a strong impact on the Pound, so we recommend caution until volatility settles down.
    • 0
  4. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Test and Practice with $50,000 virtual money! Trade Forex with our Risk free Demo Account: http://goo.gl/wdGVEI
    • 0
  5. GDMFX added a post in a topic Gdmfx - Weekly News   

    WEEKLY ANALYSIS: POUND REMAINS JITTERY AS BREXIT UNCERTAINTY CONTINUES


    EUR/USD

    Weekly Analysis: The pair climbed above the 50 days Exponential Moving Average last week, mostly due to concerns regarding inflation in the United States. However, the resistance at 1.1875 couldn’t be broken and now some rejection is present.



    Technical Outlook

    After breaking the 50 days EMA, price hit the resistance at 1.1875 and dropped slightly lower but the week ended above the Moving Average. As long as the pair is trading between 1.1875 resistance and 1.1700 support the picture is unclear but early this week we expect to see a break of resistance or immediate support (50 EMA) and the direction of the break will decide the next move. A break of 1.1875 will open the door for 1.2000, while a break of the 50 EMA will probably take the pair into the support at 1.1700.

    Fundamental Outlook

    Monday we don’t have any important indicators, so the first notable release will be German ZEW Economic Sentiment, scheduled Tuesday. However, this survey has a medium impact so we don’t expect huge volatility at the time.

    Wednesday ECB President Draghi will deliver opening remarks in Frankfurt at the ECB conference and on the US Dollar side the U.S. Building Permits will be the only notable release. Thursday the Philly Fed Manufacturing Index will affect the US Dollar and the Euro will have a light economic calendar.

    Friday the Euro remains unaffected by economic data and on the US Dollar side we have the Existing Home Sales numbers; later in the day, Fed Chair Yellen will speak in Washington DC at the Herbert Stein Memorial Lecture; however, the late hour of the speech may translate into a low impact.


    GBP/USD

    Last week the pair erased a good chunk of the losses incurred a week before and moved again above 1.3250. The Pound was heavily affected by Brexit negotiations and showed erratic movement in the second part of the week.



    Technical Outlook

    The pair has broken to the upside the 50 days EMA and the important level at 1.3250. These are bullish signs but as we saw last week, the Pound is very vulnerable to Brexit talks and rumors, so the technical side will be overshadowed if this week we will get more Brexit news.

    Strictly from a technical standpoint, the last Daily candle is showing a long wick in its upper part, which is a sign of rejection, so we may see a move below 1.3250 but as long as price is trading above the 50 days EMA, the bias is slightly bullish.

    Fundamental Outlook

    The first important day of the week ahead will be Tuesday when Bank of England Governor Mark Carney will testify before the Treasury Select Committee. The same day the British Consumer Price Index will be released, showing changes in the price that consumers pay for the goods and services they purchase; this is the main gauge of inflation and has a high impact on the currency, so we expect to see strong movement.

    Wednesday the Average Earnings Index will show changes in the price that employers pay for labor and the last major release of the week is scheduled Thursday: the British Retail Sales, which account for the major part of consumer spending. Overall it’s a busy week for the Pound and this will probably trigger high volatility.
    • 0
  6. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: U.S. INFLATION DISAPPOINTS, US DOLLAR STILL RESILIENT


    EUR/USD

    Fores News: The pair spiked higher Friday when the U.S. Consumer Price Index showed a value below expectations. However, most of the US Dollar losses were soon erased and the pair finished the week below resistance.



    Technical Outlook

    As long as the pair is trading above the 50 period Exponential Moving Average, the bias is still bullish but it must be noted that recently the resistance at 1.1875 was touched twice and each time price dropped. This shows that bearish pressure is increasing and the bulls lack the necessary strength to take price higher, at least for the time being. If resistance is not broken early in the session, we expect a drop through the 50 EMA and into 1.1775.

    Fundamental Outlook

    The day’s only notable release is the Empire State Manufacturing Index, which is a survey of about 200 manufacturers from the New York state. The respondents are asked to rate the level of business conditions and the survey acts as a leading indicator of optimism and economic health. The time of release is 12:30 pm GMT and the expected reading is 20.3 but the survey has a limited impact.


    GBP/USD

    The pair showed choppy price action Friday and ended the session close to where it started it. The US Dollar weakened at the time of the CPI release but erased most of the losses soon after. 



    Technical Outlook

    Friday the bulls attempted to take price higher but failed and this resulted in a candle with a long upper wick, which is a sign of rejection, so we expect a move lower for today. However, the pair will most likely remain between the resistance at 1.3350 and the support at 1.3250 for the entire trading session or at least for a big part of it.

    Fundamental Outlook

    The Pound has a light economic calendar today, so the technical aspect will decide the pair’s direction. The lack of economic data releases may also trigger a slow day.
    • 0
  7. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Plan your next moves and trade strategically: http://goo.gl/ucifVf
    • 0
  8. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Discover the next big trading talent, in the largest community of traders in the world!
    https://goo.gl/l7xZmj
    • 0
  9. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Just 3 quick steps to get started in Binary Options. Trade Binary Options with GDMFX: https://goo.gl/E8Yi5s
    • 0
  10. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: U.S. INFLATION EYED FOR NEXT MOVE. POSSIBLE RATE HIKE IMPLICATIONS


    EUR/USD

    Forex News: After reaching the resistance at 1.1875, the pair bounced lower, due to the technical reasons outlined yesterday but also due to upbeat US Dollar sentiment triggered by positive economic data.



    Technical Outlook

    The overbought condition of the Relative Strength Index combined with the resistance level at 1.1875 generated a bounce lower, which is likely to extend into the 50 period Exponential Moving Average. However, if price returns above 1.1840, we will most likely see another test of 1.1875 but we don’t expect major advances north until a deeper retracement occurs.

    Fundamental Outlook

    Today we have two very important releases scheduled at 12:30 pm GMT: the U.S. Consumer Price Index (expected change 0.6%) and the U.S. Retail Sales (expected change 1.7%). The former is the main gauge of inflation and is especially important now because some Fed officials see inflation as too low and this could potentially affect their decision to hike later this year.

    Sales made at retail levels represent the major part of consumer spending and in turn, a big part of overall economic activity, thus higher numbers usually strengthen the currency.


    GBP/USD

    The Pound weakened during yesterday’s session on concerns that Brexit negotiations are not going as smooth as they should and this combined with positive U.S. data triggered a drop below support.



    Technical Outlook

    The pair broke 1.3160 and now it looks like it’s testing the level from below. If price remains below 1.3160 and below the 50 period Exponential Moving Average, we expect to see a move into 1.3100. The oscillators are starting to gain downside momentum and the Pound is affected by Brexit negotiations, so the bias is negative but a lot will depend on the U.S. data released throughout the day.

    Fundamental Outlook

    The economic calendar for the Pound is light today, without any major releases, so the technical aspect and the U.S. data will be the main price drivers.
    • 0
  11. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Dow, S&P 500 and Nasdaq notch all-time highs on Wednesday after Fed minutes indicated a desire to increase rates one additional time despite stubbornly low inflation.
    • 0
  12. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: FED OFFICIALS FEAR LOW INFLATION. ANOTHER HIKE THIS YEAR STILL POSSIBLE


    EUR/USD

    Forex News: The pair continued on a bullish path before the FOMC Meeting Minutes release, which revealed that some Fed officials fear that low inflation is not “only transitory”. The greenback weakened at the time of the release but volatility remained relatively normal.



    Technical Outlook

    It looks like the Dollar’s next move will be decided by inflation data but for the time being, the American currency lacks strength and the pair is climbing. However, price is currently at a resistance zone created by 1.1840 and 1.1875, with the Relative Strength Index in overbought territory. This calls for a bounce lower, which will probably occur once 1.1875 is hit. As long as the mentioned level remains intact, our bias is bearish, expecting a bounce lower.

    Fundamental Outlook

    The U.S. Producer Price Index will be today’s most notable release for the US Dollar, scheduled at 12:30 pm GMT. The indicator tracks changes in the price that producers charge for their goods and it has inflationary implications because a higher producer price usually leads to a higher consumer price. Today’s expected change is 0.4% (previous 0.2%) and numbers above forecast strengthen the greenback.

    At 2:30 pm GMT, ECB President Draghi will speak about monetary policy in Washington DC, at the Peterson Institute for International Economics. The impact cannot be anticipated but caution should always be used when heads of central banks speak publicly.


    GBP/USD

    The pair remained in a range for most of yesterday’s trading session and the FOMC Minutes created a small climb due to US Dollar weakness. Overall no special developments took place and price action was slow.



    Technical Outlook

    Currently the pair is drifting without clear direction, meaning that we can see either a move up or down. The 50 period Exponential Moving Average is also flat, adding to the uncertainty, so until we see a clear break of 1.3250 or 1.3160, our bias is neutral. The Relative Strength Index is not showing an overextended condition but the Stochastic is overbought and crossing down; this is not a strong bearish signal but combined with the inability to move above the 50 EMA, it may suggest that lower prices will follow.

    Fundamental Outlook

    The Pound has another light day ahead, so the technical aspect and the U.S. data will be the main price drivers.
    • 0
  13. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Choose an account type that suits your trading style:
    https://goo.gl/sv6Cxi
    • 0
  14. GDMFX added a post in a topic Gdmfx - Gdmfx.com   



    Start your first free 1-on-1 introductory Trading session and get 50% welcome bonus when you open a new account: http://goo.gl/n2cTfa
    • 0
  15. GDMFX added a post in a topic Gdmfx - Daily News   

    FOREX NEWS: ALL EYES ON THE US DOLLAR FOR THE FOMC MEETING MINUTES


    EUR/USD

    Forex News: Yesterday the pair climbed above the 50 period Exponential Moving Average, extending the bullish move and printing a higher high. Overall price is still in a range but with a bullish bias.



    Technical Outlook

    The move above the 50 EMA will probably bring in additional buyers, taking the pair into the resistance zone around 1.1840. If the pair does reach that mark, we expect to see a move south but as long as price stays above the 50 EMA, our short term bias is bullish. The balance of power will tilt towards the bears if price descends below 1.1775 and below the Moving Average.

    Fundamental Outlook

    At 6:00 pm GMT the FOMC will release the Minutes of their latest rate Meeting and some hints about a future rate hike are expected. If the document will reveal that the Fed is preparing to hike one more time this year, the US Dollar will probably respond by strengthening.


    GBP/USD

    Yesterday price climbed above 1.3160, partly due to better than expected British Manufacturing numbers. The pair is approaching the 50 EMA but the move lacks strong momentum.



    Technical Outlook

    The first destination for the pair seems to be the 50 EMA, followed soon after by the resistance at 1.3250. If the 50 EMA holds, we expect to see a drop through 1.3160 and closer to 1.3100 but otherwise, 1.3250 will become the first target, which if surpassed, will open the door for further upside movement. The FOMC Meeting Minutes released today will be a deciding factor for price direction.

    Fundamental Outlook

    There are no economic releases scheduled for the Pound today so all eyes will be on the US Dollar for the FOMC Minutes release.
    • 0