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 Forex Version XII, Foreign Exchange Market Discussion

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zDarkForceSz
post Nov 22 2013, 10:25 AM

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QUOTE(highlowyat @ Nov 22 2013, 09:43 AM)
do you catch semafor Daily
all major pairs - GU, UJ, AU give me profits except EU
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EU I didn't trade, haven't cross for me.
GU yes, very nice trade!
UJ is last month story i didn't catch it. level1 on 97.00 support.
AU daily is also last month story. I only catch on 4hrs TF. +140pips, i close this morning.
zDarkForceSz
post Nov 22 2013, 04:18 PM

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QUOTE(9kingsir @ Nov 22 2013, 03:53 PM)
Yes 5digit.. But even 5 digit when I put TP 5.0 pips still will give u usd 50 instead of usd 25

Ok if you trade when news come like unemployment and GDP , but what timing u enter?

NFP on GU, UJ like fast rider.... Best to play on ranging..
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There's slippage. Usually around Round numbers / half numbers. Newbie like to enter / exit / sl / tp around these numbers but here is always getting slippage.

Is different. FxPro UK provide vault, other brokers don't.
You put yourself in risk when trading news like slippage, you lose more than you planning to lose but you also might win more than you planning to win.
Enter last minute.
zDarkForceSz
post Nov 22 2013, 05:36 PM

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QUOTE(highlowyat @ Nov 22 2013, 04:54 PM)
thats nice results! may the pips be with you
*
A big thanks to you~ thumbup.gif

QUOTE(9kingsir @ Nov 22 2013, 04:59 PM)
Vault?

I don trade based on fundamental unless it is a big news that fluctuating the market.

Better play on daily technical analysis..

Lose more a bit, win more a bit seem fair.. Better than u lose still pays..
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We all deposit our fund to our broker.
Your deposited fund is in your live trading account.

FxPro vault is like a deposit box.
I deposit to the broker, broker put it into my vault.
Then I choose how much I want to transfer into my trading account.
zDarkForceSz
post Nov 22 2013, 09:12 PM

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QUOTE(9kingsir @ Nov 22 2013, 08:59 PM)
Lol..broker holding your money in another account.....

Seem ok.. But you said that u are changing broker.... Y first alpari.. U suggested to me is axitrader..
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Axitrader is good because is a DMA broker, you get better quote for bid and ask.
Alpari because MT5 la, i told you what.


Not holding my money in another account.

Vault is like a safe deposit box.
The fund inside is safe from anything.
In live account maybe slippage lose more.
But in Vault is 100% safe. And not tradeable.

This post has been edited by zDarkForceSz: Nov 22 2013, 09:14 PM
zDarkForceSz
post Nov 22 2013, 10:39 PM

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QUOTE(qwertyuioped @ Nov 22 2013, 09:30 PM)
how do you guys trade NFP? PO atas bawah? wanted to try but NFP macam really scary le..
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I don't recommend you trade NFP with your broker, because no Vault, you may lose more than you deposit.
FxPro UK got negative balance protection and vault, so slippage got nothing to worry.
Lets say I trade USDjpy, 1:500, I need only 20usd for 0.1lot.
If I lose, I lose that 20usd or less. Not more. Because even is -value, negative balance protection will clear that.

QUOTE(babienn @ Nov 22 2013, 09:37 PM)
Nice! How do you place your stop loss and TP with semafor + EMA?
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For me, my SL is at the semafor, TP when cross / sendiri suka.
I close my AUDusd short this morning with +140pips. If follow cross I should be floating more than +230pips now.

This post has been edited by zDarkForceSz: Nov 22 2013, 10:40 PM
zDarkForceSz
post Nov 23 2013, 09:59 AM

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QUOTE(Fernando9 @ Nov 23 2013, 02:33 AM)
may i ask fxprimus minimum deposit how much to open an account?
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All new member to forex please search through the broker's website / ask their live chat before asking here okay?

What’s the minimum deposit to open an account? : All of our accounts have the same minimum funding requirement of USD100.00 or equivalent.

This post has been edited by zDarkForceSz: Nov 23 2013, 09:59 AM
zDarkForceSz
post Nov 23 2013, 01:25 PM

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QUOTE(babienn @ Nov 23 2013, 10:48 AM)
Thanks! Will try this on demo account.
*
Enjoy~ May the God of Pips be with you. LOL! brows.gif
zDarkForceSz
post Nov 24 2013, 08:26 AM

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QUOTE(jbb_lkh @ Nov 24 2013, 01:10 AM)
Hi guys, I'm new in Forex Trading. Or I should say, I'm REALLY new to trading. What are the good user-friendly platforms for demo account? There are so many out there.

I really do love the tools and sites provided on the first page in this thread. Oh yes, I'm only here for investments and not having wild dreams that are irrelevant in today's context.

I sincerely need a lot of advices and help from the sifus in here.
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MT4 is the most basic and widely used platform. Only few broker out there providing other platform like FXCM, forex.com, Dukascopy, CitiFX Pro and etc.

Finish your babypips school, get the fundamental from forex factory calendar.

Good luck.
Happy Pipping~
zDarkForceSz
post Nov 26 2013, 03:22 PM

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QUOTE(low5545 @ Nov 26 2013, 02:21 PM)
Meaning? there isn't proper regulations in Malaysia to tell?
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We have been repeating ourself.

Self trading Forex through internet with your broker at overseas is not legal nor illegal.

But creating Forex group / company who attract people into trading, is illegal.
Get your information from BNM...
zDarkForceSz
post Nov 28 2013, 11:54 AM

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QUOTE(kevler @ Nov 28 2013, 08:31 AM)
i will stay aside from the market temporarily

the market especially Geppy ,  behave differently for this 1-2 months

will continue to trade after Feb 2014

happy trading guys :-)
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Me totally stop trading from last week.
Expected weird movement like whats happen now.

See you~
zDarkForceSz
post Nov 29 2013, 12:45 PM

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QUOTE(wan7075 @ Nov 29 2013, 11:34 AM)
hi, my understanding 0.5lot with 50pis = USD1x50x5= USD250.

250/5000 = 5%.

is it wrong calculation? hmm.gif
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Is my typo. is 250/25000 = 1%

1000USD 1% = 0.02lot (for 50pips SL)

This post has been edited by zDarkForceSz: Nov 29 2013, 12:51 PM
zDarkForceSz
post Dec 3 2013, 09:50 PM

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QUOTE(johnnywzm @ Dec 3 2013, 05:40 AM)
I tried to open an account with alpari UK but the supporting document is giving me an headache. Anyone here with the account can tell me what you submit as supporting document?
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IC, proof of address.
Ask the live chat if you face problem.

This post has been edited by zDarkForceSz: Dec 3 2013, 09:52 PM
zDarkForceSz
post Dec 20 2013, 11:02 PM

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QUOTE(mchicken @ Dec 20 2013, 03:37 PM)
IMHO, you define risk the other way round.. doh.gif
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His definition is really questionable.
BTW you got nice profit this year, grats!
zDarkForceSz
post Dec 26 2013, 10:27 AM

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QUOTE(moonhowler @ Dec 25 2013, 11:41 PM)
hi, im using fxcm demo and am finally deciding that its time for me to start trade in real fund. reading through some of the forum outside scares me as they say broker make money when we lose, and broker lose money when we win.

also heard that ppl who win in demo account suffer lose when trade in real account. the broker didnt enter the position at the price etc..

wish anyone can advice as money is really hard to earn, dont really wana burn it , while deciding on investing real money to fx

anyone using fxcm, has anyone encounter any problem withdrawing money? or any reliable fx broker u wish to share?

thanks
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As long as your broker is UK regulated broker (FCA), there's no problem withdrawing your money.
zDarkForceSz
post Dec 26 2013, 07:18 PM

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QUOTE(propertymart @ Dec 26 2013, 12:28 PM)
Merry Christmas

Anyone in forex witdraw $ n paid malaysian taxes before?
(Can pm me?)
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Malaysia haven't impose any tax on Forex trading if I'm not wrong.
If you're working just submit your normal tax report.
zDarkForceSz
post Dec 27 2013, 06:43 PM

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QUOTE(qwertyuioped @ Dec 27 2013, 06:27 PM)
Im curious bout this matter too. What if our main job is trading forex, how to declare our income? Forex traders wanna buy houses too you know like normal people.. manatau sekali withdraw usd100k  tongue.gif
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Is like what local stocks trader do.
Declare your income tax like you're doing small business.
Keep in mind, never declare too little and you're going to buy A LUXURY PROPERTY.

2nd problem is BANK LOAN. You don't have day jobs means you FIXED INCOME.
When you applying for loan, they will consider your salary/the income tax you paid.
zDarkForceSz
post Dec 27 2013, 06:57 PM

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QUOTE(qwertyuioped @ Dec 27 2013, 06:48 PM)
so must register sole prop. like that?  hmm.gif  flex.gif
yeah bank loan will be a problem though since we dont pay any tax. but it wont be a problem if we withdraw huge mount of money evrymonth from trading acc.. haha dreaming.
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So just declare your tax every year. Most people don't have day job (stocks trader, do small business) but still declare income tax & small amount of people deposit to KWSP for future purpose like applying hire purchase, housing loan and etc. And don't want Income Tax department come kacau.
What Bank like to see is KWSP statement + income tax receipt.
If you can provide this 2 + the total loan monthly repayment is less than 2/3 of the "Monthly Salary" you claim + nice CCRIS record + no CTOS, BANK always approve your loan without 2nd doubt.
zDarkForceSz
post Dec 27 2013, 07:11 PM

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QUOTE(qwertyuioped @ Dec 27 2013, 07:02 PM)
ahh i see.. new knowledge for me.thanks for the info! you seem very knowledgeable in this stuff. are you accountant or something?  biggrin.gif
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nah, still a uni student and my major got nothing to do with numbers lol.
zDarkForceSz
post Dec 27 2013, 07:17 PM

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I been staying out of market few weeks.
Today EURusd bull is crazy -.-
zDarkForceSz
post Dec 27 2013, 08:18 PM

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QUOTE(project68 @ Dec 27 2013, 08:05 PM)
Haha, i quite suprise with eurusd today, was expecting it will go down when reach 1.38, if not i double my account today if i didnt close too early  sweat.gif

Btw i don't understand yet about withdraw our money from forex, let say IF i withdraw my money every week 3k-5k, what if suddenly bank froze my account and ask for proof where my money come from? AFAIK forex is illegal, if i show my trading statement what happen jor? go to jail?  sweat.gif
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where the hell on earth you guys get the information that trading forex is illegal?
I have been repeating this statement a year long.
FOREX TRADING IS NOT LEGAL NOR ILLEGAL. THERE IS NO LAW SAY THAT YOU CAN'T TRADE FOREX.
THERE'S ONLY LAW ON ILLEGAL COLLECTING MONEY FOR TRADING FOREX IF YOU'RE NOT REGISTERED INVESTMENT BANK IN MALAYSIA!
FOR EXAMPLE, SOME IB YOU FACE TODAY THOSE IB INFRINGE THE LAW NOT YOU.

AS FOR FROZE BANK ACCOUNT, IS TO CHECK IS THAT MONEY FROM MONEY LAUNDERING ACTIVITIES.
TRADING STATEMENT IS GOOD ENOUGH TO PROVE YOU'RE NOT A MONEY LAUNDER!
BETTER IF YOUR BROKER IS UNDER UNITED KINGDOM FCA REGULATION.
MALAYSIA IS UNDER COMMONWEALTH COUNTRY. SOME U.K. LAW STILL APPLIED.

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