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 Forex Version 10, Foreign Exchange Market Discussion

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alwjmonster
post Mar 21 2012, 03:14 PM

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hey... forex traders at malaysia.. do you get charge for taxes (while withdrawal or deposit) if you opened an account with broker from oversea?


Added on March 21, 2012, 3:16 pm
QUOTE(bestie188 @ Mar 20 2012, 08:14 PM)
Heys guys,

have you guys hear of GVF?
They work like MLM.
While trading. you can also earn from your downline (comm)
But one thing is they will hold 30% of your capital.
Brokerage range from 2-4. is it high?
need advise. =S
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it has all the advantages, but unfortunately they are not recognized by malaysia.. so do you think it's still legit? lol

This post has been edited by alwjmonster: Mar 21 2012, 03:16 PM
alwjmonster
post Mar 22 2012, 04:32 AM

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FxOpen
alwjmonster
post Apr 27 2012, 03:28 AM

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QUOTE(andrewleewaikeong @ Apr 21 2012, 12:13 PM)
And majority of them is young adult age 20 plus  . Trying to persuade other people just by showing the income . Too good to be true right ?

Wonder their cheque is written by who ? Always I saw cimb bukit tinggi branch
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https://www.facebook.com/profile.php?id=1324796714 <<----- this guy is the one who keep write cheque to all members, big scammer from previous known as mlm business. mayb someone should stop him from conning people money. i bet he has 10% knowledge about forex. if you deep further research u will know the answer, mayb someone should stop this GVF hype zzz.. how many times should i say GVF is none recognized broker.

This post has been edited by alwjmonster: Apr 27 2012, 03:29 AM
alwjmonster
post Apr 28 2012, 04:44 AM

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daniel ang is a good instructor, probably one of the best.. i had his X-call for half a month, coz one of my friend just joined GVF and i please my friend to share the X-call wondering what his tips is about, everyday every GVF members would go log in their email and download the proposal from Xnalysis (adobe), and each day is around 17pages content, 1st 5 pages is about news and the rest talking about technical analysis and of course tips of entry, SL , TP.. and giving "what If" adjustment tips too.. Daniel Ang himself is not a fundamental trader himself, he is purely trading technically, he is best know of not using any indicator, coz he said any indicator is always priced from past price and it cause lag, he only use one best tools which is fibonacci to projected highs and lows. I had attempted his course once, becoz it's for free.. and it's for GVF to promote their brokerage offers. So i think why not giving myself an additional knowledge, but whatever he lectured that day was most of it basics, and it's just like refreshing myself. lol but then again the only drawdown for GVF is they are "none recognized broker in malaysia" and their F-ing showing off attitude. I'm now an FX-open's customer.

Daniel Ang was not only giving courses for GVF, he is originally a lecturer for forex course in singapore, like a tuition teacher for forex.

This post has been edited by alwjmonster: Apr 28 2012, 04:49 AM
alwjmonster
post Apr 29 2012, 02:44 AM

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QUOTE(gn01251618 @ Apr 28 2012, 11:43 PM)
Guys,lets move the discusion on GBPUSD. 

The uptrend is so high until 1.627x, closing price now at 1.6262... would it contiune rising?
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usually i don open a trade over a weekend, especially news during weekend just to avoid price gap. GBP is said to dip into recession due to the 3rd in a row contraction of GDP. and last FOMC meetings, word from ben that's QE3 still around the corner, and it just a matter of time.. so i think both having bad news, so probably risk sentiment would dominate the price action, but GBP/USD probably still have a little momentum to climb alittle higher due now risk appetite improved.

This post has been edited by alwjmonster: Apr 29 2012, 02:45 AM
alwjmonster
post May 6 2012, 03:45 PM

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QUOTE(andrewleewaikeong @ May 6 2012, 01:57 PM)
cant wait for market to open tomorrow ~
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what news are you exciting about? which pairs do you trade?
alwjmonster
post May 14 2012, 05:40 PM

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QUOTE(elmer @ May 14 2012, 03:36 PM)
According to BNM website, forex trading is illegal in Malaysia. Have a look at this FAQ on BNM website

http://www.bnm.gov.my/microsites/fxadmin/0...4_buyingselling

Is trading of foreign currency through the internet allowed?

No. Residents are not allowed to trade currency through internet.
Residents are only allowed to buy or sell currencies in Malaysia with authorised dealers and those entities permitted by Bank Negara. Please refer to website at http://www.bnm.gov.my under "Foreign Exchange Administration" for further details.
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YOU got to be kidding.. do you mean all forumers in this topic is doing illegal things?
alwjmonster
post Jul 5 2012, 07:01 PM

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AAhhh.... BOE rate decisions few minutes ahead, follow by ECB, are you ready taking advantages or sitting aside.
market widely expected BOE going for another 50billions increase in quantitatiive easing program, cause it's the only option left, due their interest rate currently extremely low.

Remember "Never predict, always react".

This post has been edited by alwjmonster: Jul 5 2012, 07:03 PM

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