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 Forex Version XI, Foreign Exchange Market Discussion

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ProperTYcoon
post Jul 31 2013, 06:34 PM

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QUOTE(cylaipro @ Jul 31 2013, 06:29 PM)
http://www.facebook.com/928FX?hc_location=stream this comfirm geunine signal bcuz myself tested 1 month alr  biggrin.gif  biggrin.gif  biggrin.gif
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so how's the results for 1 month?
ProperTYcoon
post Aug 1 2013, 09:17 AM

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QUOTE(jeanhl @ Jul 31 2013, 09:01 PM)
Hi signal sifu how's ur trade biggrin.gif
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hi there, so far so good, around 250 pips for last week, this week a little bit downtrend for 3 days.

+80pip

-55pip

-35pip

looking forward for the days to come
ProperTYcoon
post Aug 1 2013, 02:21 PM

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QUOTE(zDarkForceSz @ Aug 1 2013, 01:25 PM)
nothing to worry. trading got win got lost. take it easy~
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yesterday was very active in the market, up and down, if you got it right, you should have made a lot yesterday
ProperTYcoon
post Aug 1 2013, 05:35 PM

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QUOTE(-Davidoff- @ Aug 1 2013, 03:34 PM)
What do u think bout today market. Im shorting EU right now. hopefully able to get 40-50 pips from it.
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just scalp GBP, made around 100 pips based on Economy News.

Tomorrow whole day is about EUR and USD.

Expecting bad news.
ProperTYcoon
post Aug 2 2013, 10:32 AM

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QUOTE(zDarkForceSz @ Aug 2 2013, 10:20 AM)
thanks.
but some people don't understand simple English with simplest meaning.

btw how're your week?
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hey dude, we used to calculate based on our research and our signals which gives approx 500pip per month.

with our calculated risk 5%-20% based on our capital.
ProperTYcoon
post Aug 2 2013, 11:53 AM

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AUDUSD 1 year low

suggest : Buy AUD TP/SL 40 pips

Beware : High impact USD news today
ProperTYcoon
post Aug 2 2013, 12:54 PM

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QUOTE(sebastian.twz @ Aug 2 2013, 12:48 PM)
Tonight's NFP and unemployment rate may potentially make or break alot of pairs  thumbup.gif

EU GU AU all stalling at key S&R zones waiting for the news  drool.gif
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I'm forecasting bad news for USD
ProperTYcoon
post Aug 2 2013, 02:04 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 01:00 PM)
But there's a chance is good news looking at recent related news.

Part time worker make nfp not accurate.
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hope so, but most likely its very difficult to tell, but based on our research, we're forecasting bad news. lets just wait and see biggrin.gif
ProperTYcoon
post Aug 2 2013, 02:14 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:09 PM)
my research also forecast bad.
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but before/after news, there will be huge changes, becareful when you trade
ProperTYcoon
post Aug 2 2013, 02:18 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:18 PM)
haha. i been losing for 2 consecutive NFP.
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haha which one? stay safe, don't trade rclxms.gif
ProperTYcoon
post Aug 2 2013, 02:24 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:20 PM)
GBP always turn the other way round. -.-
i found JPY safer but less movement.
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To me, I've know quite amount of people that "bombed" because of jpy due to the Movement.

The currency of JPY is small, thats why when it moves, it goes up and down quickly
ProperTYcoon
post Aug 2 2013, 02:29 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:27 PM)
haha. I'm using FxPro. They provide a vault(safe box) to keep our money.
I only transfer my required margin to open the position. so even if I "bombed" my total fund is still secure in vault. Only losing my margin for example 0.1lot = (+-) 31usd.
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FxPro? I never trade with that before. I trade with FxPrimus.

Do you set SL for all your trades?
ProperTYcoon
post Aug 2 2013, 02:33 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:31 PM)
For news like NFP. SL is useless. Slippage is enough to killed the account so keep remain margin in Vault.
Lose only the Margin to open the position.
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I see, but I seldom put my bet on NFP, i put SL on every trade
ProperTYcoon
post Aug 2 2013, 04:12 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 02:39 PM)
SL is a must biggrin.gif
but for NFP, SL not really working very well for STP broker where slippage kicks in.
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i guess i'll skip tonight, there are plenty are going in, i guess i'm not flex.gif
ProperTYcoon
post Aug 2 2013, 04:39 PM

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QUOTE(zDarkForceSz @ Aug 2 2013, 04:15 PM)
Since there is profit this week. Why risk yourself in. Haha
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that is why i'd just stick to what im used to stick to. just my signals will do tongue.gif
ProperTYcoon
post Aug 3 2013, 09:30 AM

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boooyah, USD bad news as expected!!
ProperTYcoon
post Aug 4 2013, 08:53 AM

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QUOTE(zDarkForceSz @ Aug 3 2013, 11:36 AM)
Hehe, caught some small fish throughout the news tongue.gif
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sure thing mate, bad news is expected, managed to run away with around 80pip
ProperTYcoon
post Aug 5 2013, 05:36 PM

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QUOTE(yan7 @ Aug 4 2013, 11:05 AM)
thx for reply, becoz forex is illegal in MY, even trading also i heard, so what u guys need to do is submit doc to them upon sign up, then put some funds inside only right?can them be trusted after withdraw some profits ? lol
i know a famous one, IG get known from apprentice asia. as long as we pay the lowest commision for each trades and can easily withdraw money as fast as possible, that is super enough for me ok d
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hi there, for your information, forex is LEGAL in MY according to BNM

KUALA LUMPUR: Bank Negara Malaysia clarified on Thursday that the buying and selling of foreign currency in Malaysia is only allowed with licensed commercial banks, Islamic banks, investment banks and international Islamic banks as provided for under the Exchange Control Act 1953.

Such trading is also allowed with licensed money services business providers (money changers) as provided for under the Money Services Business Act 2011.

In addition, Shariah-compliant financial products, including foreign exchange related transactions, offered and transacted by licensed Islamic financial institutions are approved by the Shariah Committee of the respective financial institutions with endorsement from the Shariah Advisory Council of Bank Negara Malaysia, Bank Negara said in a statement.

The clarification follows the National Fatwa Council's ruling that foreign exchange trading is forbidden for Muslims.

The council's chairman, Tan Sri Dr Abdul Shukor Husin, said on Wednesday that Muslims should not engage in forex trading as there were many doubts about it and that it involved individuals using the internet, with uncertain outcomes.

However, he said other forms of trading in foreign currencies, such as by money changers or between banks, were permissible, as they do not involve currency speculation or uncertain outcomes. - Bernama

http://www.thestar.com.my/News/Nation/2012...ing-status.aspx
ProperTYcoon
post Aug 6 2013, 02:37 PM

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QUOTE(Alissa_1989 @ Aug 6 2013, 04:08 AM)
BNM only allows licensed local banks provide forex service, but the minimum start up capital is high and the leverage is not as good as overseas .
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yeah but so far, there was once i encountered with Income Tax inspection straight to my house with several officers which wants to investigate about my income.

and I told them those came from Forex, but I did paid the amount of Tax, but everything seems to be fine afterwards, atleast for now.
ProperTYcoon
post Aug 6 2013, 02:47 PM

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QUOTE(anudora @ Aug 6 2013, 02:44 PM)
So you pay Income Tax on the forex profit? Are you a full time trader? How do you do that? I mean do you just put in the total annual earning the same as the total annual profit?
I intend to be a full time trader but wondering how to declare income tax on this one. If there is another person doing this without any problem, then I will be glad to join in the full time forex trader club  rclxm9.gif
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i'm a part time trader but i trade in groups, so i wouldn't want any problems whenever income tax came to me, glad i did pay.

the reason I pay for the tax its because i'm a property investor which i need documents to get my loan approve

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