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 Forex Version XI, Foreign Exchange Market Discussion

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chetz
post Dec 4 2012, 07:54 PM

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it's time for another long ride guys! any metal trader here?


Added on December 4, 2012, 8:14 pm
QUOTE(Benck @ Dec 4 2012, 02:17 AM)
Any reliable news?
I'm in,but lose some bucks when the Crude oil(light) shot up to $90 when the US market open. grrr
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Don't only rely on fundamental as it is always bias and delayed! what they published most probably has reflect the market 3-6 month in advance! US is a petro-dollar currency. With all the crisis and campaign for the election, usually by any means they will try to strengthen their currency.. Just my two cent! notworthy.gif


This post has been edited by chetz: Dec 4 2012, 08:14 PM
chetz
post Dec 5 2012, 10:05 PM

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QUOTE(gaTO @ Dec 5 2012, 05:02 PM)
Guys, just wanna know any of you declare your income from forex to LHDN?

If I trade forex full time, do I have to declare my forex income?

Thanks..
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erm.. hmm.gif no comment.. why declare it while you can get away from it.. ++++ better buy yourself a posh handbag or ring.. what's the point icon_rolleyes.gif
chetz
post Dec 6 2012, 08:17 PM

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QUOTE(gaTO @ Dec 6 2012, 10:40 AM)
If I trade forex full-time and if I wanna buy a house/car/etc and I want to take loans, I kinda need like a source of income. I just wanna know any of you guys actually declare your forex profit as income.

Cheers..
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Buying a car is not a problem.. form a company and dump your income in the company bank account.. open an account with kwsp as well and contribute monthly.. buy usually the income statement is enough..

buying a house is a little bit tricky.. which i learn 2 years back.. all your income statement payslip and all is just a supporting document.. the most important is your EA form.. income tax.. seek consultation from your hire purchased officer to calculate how much you should earn per year for you to buy your desired house.. then kawtim your income tax.. nod.gif

This post has been edited by chetz: Dec 6 2012, 08:18 PM
chetz
post Dec 8 2012, 01:06 AM

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QUOTE(InstaForex Kuala Lumpur @ Dec 7 2012, 05:35 PM)
Hello hi, I have a question,can we open forex broker thread?
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yupe we all would love too.. but too bad, admin & moderator won't allow it.. notworthy.gif
chetz
post Dec 11 2012, 12:39 PM

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QUOTE(cresender @ Dec 10 2012, 08:28 PM)
Hi, just wanted to know which withdrawal method did you all use in fxopen? Is there any broker provide a more convenient withdrawal method rather than bank wire?
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this is when local depositor or IB comes handy and fixed rate! but first only choose Local Depositor or IB which is recognized by broker firm. notworthy.gif

This post has been edited by chetz: Dec 11 2012, 08:10 PM
chetz
post Jan 20 2013, 01:59 PM

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QUOTE(gaTO @ Dec 6 2012, 10:40 AM)
If I trade forex full-time and if I wanna buy a house/car/etc and I want to take loans, I kinda need like a source of income. I just wanna know any of you guys actually declare your forex profit as income.

Cheers..
*
Car loan shouldn't be so difficult, if you have 1 or 2 credit card with good credit report and good bank statement it can be done. Buying a property is the tricky part. What i've learn from the past, consult your loan officer.. say he/she said you must at least earn RM 5k a month for you to entitle to buy the property that you want..

then.......

go kawtim your tax for RM 60k a year lo.. nod.gif nod.gif nod.gif all your saving statement is just a supporting document, the key is on the EA form. What's the amount that you declare on it.. icon_idea.gif

just my noob toughs notworthy.gif
chetz
post Apr 18 2013, 12:50 PM

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chetz
post May 19 2013, 08:56 PM

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Trade idea, GU pull back after a long run since early March 2013, testing BO at 100% fibo for the 4th time before another bull rally.. Welcoming members opinion and comments..

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#All site content is provided as general information only & should not be taken as an investment advise. It shall not be constructed as a recommendation of buy or sell signal! The idea expressed is solely chetz opinions. Consult your financial advisor before making any investment decision#


chetz
post Jun 23 2013, 09:22 PM

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Greetings lowyat.net members...

Extending our services to all lowyat members as local depositor and official Master Introducing Broker.. feel free to visit our fan page and official website as follow :-

Fan Page
Official Master IB

Our services 24/7/365..
chetz
post Jun 25 2013, 01:48 PM

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QUOTE(demolationz @ Jun 24 2013, 03:45 AM)
other withdrawal option exclude the local exchanger ? paypal ? MB ?
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Paypal yes can (paypal charges apply), other e-currency method MB, PM etc.. not at the moment due to LR incident. Thus we are suspending any deposit through e-currency method except paypal for temporary.

This post has been edited by chetz: Jun 25 2013, 02:05 PM
chetz
post Jun 26 2013, 11:28 AM

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Since July 2012 Euro has been bullish against Dollar for 6 months and forming it's new support somewhere between 100-161.8% zone before another bull run for this year... Major price movement expected in mid July 13.. a good buy entry 1.29500 - 1.30500.. just my two cent icon_rolleyes.gif
chetz
post Jun 27 2013, 01:37 PM

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QUOTE(ProperTYcoon @ Jun 27 2013, 12:57 PM)
thanks for your analysis. look into gold, yesterday dropped 24 months lowest ever.

do you think gold will bull again?
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most welcome.... i'm still holding my long.. for 1200 pips.. let's see where EU close this week rolleyes.gif i'll take a look into gold and silver later..
chetz
post Jun 27 2013, 02:27 PM

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QUOTE(ProperTYcoon @ Jun 27 2013, 02:04 PM)
EU is dirt weak these few days. will silver going up soon?i foresee gold will go down further
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EU trying to find it's support zone somewhere between 1.29500-1.30500, while for gold and silver it's kindda scary lately.. next support is somewhere near 1180.. if breaks going to 1050-1100 testing testing 2010 price... EJ also has another good long entry yesterday..
chetz
post Jun 28 2013, 02:09 AM

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QUOTE(ProperTYcoon @ Jun 27 2013, 04:14 PM)
USD going strong again, look at UJ, it's either going up or down again. gold and silver better don't touch, gold might go further down
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tonight gold nearly reach 1180... testing support.. a good small buy entry.. i also scared with gold volatility.. shakehead.gif so better stay away until strong support found and tested few time.. 1180 will it break or hold? we shall know in few days.. most probably another test near this zone next week.. for final test and start bullish.. mid next week the soonest or mid July 2013.. just my two cent.. icon_rolleyes.gif
chetz
post Jun 28 2013, 11:16 AM

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QUOTE(TSOM @ Jun 28 2013, 10:41 AM)
can buy USD??
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i would prefer to buy euro.. and more trick.. if you have a lot of cash which you didn't intent to use for few month.. go to UOB bank and open a silver saving account.. hold it untill november or december 2013..

icon_rolleyes.gif
#All site content is provided as general information only & should not be taken as investment advise. It shall not be constructed as a recommendation of buy or sell signal!. The idea expressed is soley chetzfaisal opinions. Please consult your financial advisor before making any investment decision#

This post has been edited by chetz: Jun 28 2013, 11:16 AM
chetz
post Jun 28 2013, 11:19 AM

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QUOTE(ProperTYcoon @ Jun 28 2013, 10:19 AM)
seems like the Gold is going down again  tongue.gif
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we'll see either 1180 will hold or not.. lot's of gold dealer having difficult time now days.. too much inventory & short of cash
chetz
post Jun 28 2013, 11:24 AM

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QUOTE(jack2 @ Jun 28 2013, 06:53 AM)
Yeah.. Managed to get over over 1300 pipsthis week.
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good job.. rclxms.gif i'm still holding my entry, rolleyes.gif trying to ride the whole wave..
chetz
post Jun 28 2013, 08:58 PM

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QUOTE(ProperTYcoon @ Jun 28 2013, 11:47 AM)
expecting to reach 1000 in 1 week time
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touched 1180 and it bounce.. rclxms.gif rejection of $10 / ounce.. a good small long entry...

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