A forex broker...heard before but not interested coz its name like 100+

where to learn this eh?

What are you want to learn?trading?read babypips first bro if u first time with forex. And after graduate from them, open a demo account

suggest me good website for beginner like me to learn

I already give suggestion...look again at my reply

since i had google up and i cannot get the exact answer,
but legal some illegal,
So if i play forex not under bank, but for example FXCM,
I am illegal?
If i am legal,
Will i get tax from Government?
Will there be any problem when purchasing car/house by cash?
(just asking)

Its in a grey area. Neither legal or illegal. But simply said, govt dont want you to trade forex because lot of people kena scam by syndicate or so called 'investment group'. Plus forex is unregulated thats why BNM dont want to acknowledge it. If you want to trade you trade, if rugi tanggung sendiri. Simple as that. As for the tax om not really sure, some ppl say no need because its an investment from offshore, idklol.

Its like you play xbox one in malaysia..not officially launch here but can play here...

New trading week & month coming!
Good luck guys~
Give us a nice Profit April like March~

-DarkForceS

This post has been edited by zDarkForceSz: Mar 30 2014, 10:53 PM

Hahahaha, any goo tips?
Wonder would EURUSD going short

Bro don't guess what the market will do next.
flow with the market.
Trade what you see on your chart, not what you heard or what you feel.
Just like the CADs trades, you think is weak but end up strong last week.

Try to look back why you lose on specific trades over the weekend and think how to improve it.

what you need is a strategy. you need to demo out and find a strategy that suits you.
we can't blindly follow signal.

for EU,
what I see from my chart, I will wait for a SL hunt back to top for better pricing to short.
too many bear players into the pair not a good thing for the bank to continue run down.
Time will tell.

-DarkForceS

thanks for reply
really help me, HAHAHAHAHA
because last friday i trade (SELL) EURUSD, until now its still above my sell line

#misimencariberuang

haha

This is what happen to newbie.

Let me explain this way,
Forex is the "pond" built by BigBoys (bank, hedge funds, fed & etc), and we are the "fish" that lives in the "pond".
In order to win money in trading, some one has to lose money! (This is fundamental rules)
BigBoys throw out their "fishing nets" everyday to catch "fish".

"fishing nets" = traps.
98% Retailers fails in forex.
only 2% succeed in making money.

BigBoys buy low, sell high.
And what happen to us is, trade during the trend / almost end of the trend.

Look at all tf and build your analysis!
You cannot know what BigBoys doing just by looking at 1 tf.

Pippin ain't easy, I can tell you truthfully I'm just like you at the beginning and I burn myself twice.
If you want earn money in the trading game.
I suggest you trade demo first until you can consistently make profit.

I always repeat this,
1. learn money management, risk only 1% to 4% on each trade anything beyond that is gamble. (this is the only thing that protects your account)
2. control you inner demon aka GREED. No greed is always green!
3. find a most suitable strategy for yourself!
4. demo demo demo and master every piece of the 1-3.
5. dont envy how much people made, but use that as pushing fuel for yourself to become one!

I spend almost 2years to just achieve what I have today, just a small result to my target, but I'm happy with the small result from what I have been working out days and nights.

Forex is not a fortune tool that makes you rich after 1 night.
Those advertisement is just misleading and bringing false hope.
And is not suitable for everyone.

analyse the graph for 45 minutes,
i guess CADJPY had reach climax,
SELLING it now, hope it dont fails me !

I wouldnt try to catch a falling knife if i were you, or in this case a flying rocket.

Agreed with most of it other than "big boys buy low and sell high". You sure? hehehe. Anyway, good advice to novice trader.

Forex is their game, they are the one manipulating the market.
Is just like stock, where deals is clearly there.
BigBoys can check how much of retailer short/long at certain price.
In order for them to win money, we must touch SL/Close in negative.

What is liquidity? Is when they deceive retailer long and they short, or they deceive retailer short and they long.
The more retailer is deceived to long the better the liquidity for bank to short.
The more retailer is deceived to short the better the liquidity for bank to long
In order for 1 to buy, the other must sell.
Hope you get the idea.

This post has been edited by zDarkForceSz: Mar 31 2014, 09:06 PM

Told you. Never guess what the market will do next.


A clear bull day, Open to High = 82.7pips.

Same to EURUSD, CPI lower than expected but remain bullish.