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 Forex Version XI, Foreign Exchange Market Discussion

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uniglo
post Aug 22 2013, 08:51 AM

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QUOTE(zDarkForceSz @ Aug 22 2013, 08:47 AM)
Yesterday night fomc is way too CRAZY~~~~
*
U mean for G/U?

Nice bull trap done. tongue.gif
ProperTYcoon
post Aug 22 2013, 09:33 AM

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my GU TP HIT! as predicted! woo hoo!

USD is bouncing up again, and bouncing down AGAIN SOON..
-Davidoff-
post Aug 22 2013, 10:13 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 09:33 AM)
my GU TP HIT! as predicted! woo hoo!

USD is bouncing up again, and bouncing down AGAIN SOON..
*
hoseh. rclxms.gif
ProperTYcoon
post Aug 22 2013, 10:16 AM

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QUOTE(-Davidoff- @ Aug 22 2013, 10:13 AM)
hoseh.  rclxms.gif
*
expecting to bounce up another 30-50 pips today
zDarkForceSz
post Aug 22 2013, 10:26 AM

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QUOTE(uniglo @ Aug 22 2013, 08:51 AM)
U mean for G/U?

Nice bull trap done. tongue.gif
*
i trade EU only.
zDarkForceSz
post Aug 22 2013, 10:27 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 09:33 AM)
my GU TP HIT! as predicted! woo hoo!

USD is bouncing up again, and bouncing down AGAIN SOON..
*
QUOTE(-Davidoff- @ Aug 22 2013, 10:13 AM)
hoseh.  rclxms.gif
*
Nice 1~

QUOTE(ProperTYcoon @ Aug 22 2013, 10:16 AM)
expecting to bounce up another 30-50 pips today
*
You mean USD bounce up 30-50pips?
ProperTYcoon
post Aug 22 2013, 10:28 AM

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QUOTE(zDarkForceSz @ Aug 22 2013, 10:27 AM)
Nice 1~
You mean USD bounce up 30-50pips?
*
not now, but soon.

nope, USD bounce down
zDarkForceSz
post Aug 22 2013, 10:29 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 10:28 AM)
not now, but soon.

nope, USD bounce down
*
haha. i also predict Euro will shot up against USD. hmm.gif
ProperTYcoon
post Aug 22 2013, 10:32 AM

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QUOTE(zDarkForceSz @ Aug 22 2013, 10:29 AM)
haha. i also predict Euro will shot up against USD.  hmm.gif
*
not quite, expecting bad news for EURO this afternoon
zDarkForceSz
post Aug 22 2013, 10:48 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 10:32 AM)
not quite, expecting bad news for EURO this afternoon
*
god bless me then. doh.gif
Jeck10
post Aug 22 2013, 10:50 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 09:33 AM)
my GU TP HIT! as predicted! woo hoo!

USD is bouncing up again, and bouncing down AGAIN SOON..
*
Nice congrats! smile.gif

Anyway wanna ask everyone here do we have to pay income tax for the profit we make? Or only have to pay if we reach certain amount?
ProperTYcoon
post Aug 22 2013, 10:54 AM

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QUOTE(Jeck10 @ Aug 22 2013, 10:50 AM)
Nice congrats! smile.gif

Anyway wanna ask everyone here do we have to pay income tax for the profit we make? Or only have to pay if we reach certain amount?
*
Hi, yes, I do pay income tax for the profit I made from Forex.

If you do not have any intention to purchase any Property/Assets, I don't think much people out there are paying the tax.
zDarkForceSz
post Aug 22 2013, 11:00 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 10:54 AM)
Hi, yes, I do pay income tax for the profit I made from Forex.

If you do not have any intention to purchase any Property/Assets, I don't think much people out there are paying the tax.
*
But I think is better to just pay if making big money each month, before they come and kacau you.

So you just declared as profit made from Forex and submit the statement?
Jeck10
post Aug 22 2013, 11:23 AM

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QUOTE(ProperTYcoon @ Aug 22 2013, 10:54 AM)
Hi, yes, I do pay income tax for the profit I made from Forex.

If you do not have any intention to purchase any Property/Assets, I don't think much people out there are paying the tax.
*
I saw the income tax guide stated that if earnings less than 29,775 annually, which around 2.5k, we don't have to pay tax, but is this apply to forex income as well?

Hmm if I were to make profits in forex, my plan is to reinvest the money into the acc or also invest in properties.
Vestor
post Aug 22 2013, 11:37 AM

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MYR really diarrhea mode -- 3.322 ---> marching steadily towards 3.4??
uniglo
post Aug 22 2013, 11:53 AM

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QUOTE(Vestor @ Aug 22 2013, 11:37 AM)
MYR really diarrhea mode -- 3.322 ---> marching steadily towards 3.4??
*
It will continue falling everyday.....

since BNM Not increasing interest rates and Govt not cutting subsidies, so investors pull out their funds. Simple as that.
zDarkForceSz
post Aug 22 2013, 12:00 PM

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QUOTE(Jeck10 @ Aug 22 2013, 11:23 AM)
I saw the income tax guide stated that if earnings less than 29,775 annually, which around 2.5k, we don't have to pay tax, but is this apply to forex income as well?

Hmm if I were to make profits in forex, my plan is to reinvest the money into the acc or also invest in properties.
*
when you buy properties, you gotta submit your details like income tax.
zDarkForceSz
post Aug 22 2013, 12:02 PM

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QUOTE(uniglo @ Aug 22 2013, 11:53 AM)
It will continue falling everyday.....

since BNM Not increasing interest rates and Govt not cutting subsidies, so investors pull out their funds. Simple as that.
*
Yes. A lot investors pull out their funds.
MYR is like toilet paper soon or later.
I'm worried as my tuition fee is pay in GBP.
ProperTYcoon
post Aug 22 2013, 12:58 PM

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QUOTE(zDarkForceSz @ Aug 22 2013, 12:02 PM)
Yes. A lot investors pull out their funds.
MYR is like toilet paper soon or later.
I'm worried as my tuition fee is pay in GBP.
*
ha ha ha, what to worry? you're making USD in Forex
zDarkForceSz
post Aug 22 2013, 01:01 PM

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QUOTE(ProperTYcoon @ Aug 22 2013, 12:58 PM)
ha ha ha, what to worry? you're making USD in Forex
*
still have to change back MYR, then change GBP again.
in the end, bank untung not I untung. cry.gif

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