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 Forex Version XIII, Foreign Exchange Market Discussion

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zDarkForceSz
post Mar 3 2014, 03:55 PM

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QUOTE(forexcoder @ Mar 3 2014, 03:27 PM)
I believe BNM would be alerted if you transfer the withdrawal to a Malaysian bank. Unless you withdraw to offshore accounts, like Singapore.

By the way, very impressive scalping strategy, mind sharing, or at least generalise the idea of your trading system.
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As long as you provide proof of the money come from where, you will be no problem.

Forex I think is no taxable in Malaysia, because UK doesn't impose such tax.
zDarkForceSz
post Mar 3 2014, 10:34 PM

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QUOTE(johnnywzm @ Mar 3 2014, 07:16 PM)
» Click to show Spoiler - click again to hide... «


so do you declare your forex trading income as your personal tax submission?
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no need to declare anything.
if only the income tax guy check on you, asking for prove then show where is that from.
if you not taking your large amount of earning to buy car / house won't kacau you.
zDarkForceSz
post Mar 3 2014, 10:37 PM

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From the basic, Standard, Mini, Micro is not really a problem.
As long as you got a strategy that will earn money, your account will grow with correct money management and risk management.
zDarkForceSz
post Mar 3 2014, 10:42 PM

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QUOTE(howszat @ Mar 3 2014, 10:40 PM)
Ah, thanks, forgot Mini.

The strategy that will earn you money is not some "sixth sense", or some BS like that. Sure.
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"sixth sense"? haha no hard work no pay off.
if earning is that easy, no poverty in the world.
1 must lose money in order for other to earn money.
this is a basic cycle.
zDarkForceSz
post Mar 4 2014, 11:51 AM

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In the world of forex, believe what you see in the chart, not believe what rumours you heard.
What you heard can be wrong, what you see is still there.
zDarkForceSz
post Mar 4 2014, 11:33 PM

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QUOTE(9kingsir @ Mar 4 2014, 06:51 PM)
Is he really ban from brokers? I din check his status..

Anyway, as I said.. Redrawing too much is a problem as well..

If can't redraw more than 25k per transaction n every week... Then have to find alternative..

I wonder how those having large account like a million n trade earn a million per day,week,month n redraw..

Isit just citipro accepting these traders?

anyone got info about this?
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Google is there for you.

https://www.interactivebrokers.com.hk/en/main.php
is a big broker you can research on.

This post has been edited by zDarkForceSz: Mar 4 2014, 11:40 PM
zDarkForceSz
post Mar 5 2014, 01:14 AM

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QUOTE(9kingsir @ Mar 5 2014, 01:05 AM)
Sifu master dark force.. U not going for this broker?
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I'm okay with my current broker, so no need change haha.
zDarkForceSz
post Mar 5 2014, 12:16 PM

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QUOTE(9kingsir @ Mar 5 2014, 12:04 PM)
Previous with axi..
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axi dont let you withdraw?
zDarkForceSz
post Mar 5 2014, 12:21 PM

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QUOTE(9kingsir @ Mar 5 2014, 10:44 AM)
One thing on SL...

How many of u having put SL as 30pips?

How many of u have lost because of SL?

Look at GU single candle bearish 1.67107 to 1.66716 almost 40pips and 3 candle bearish 1.67031 to 1.66636 almost 40pips over..

Now the debate is .... Whether this SL is a playing psychology field from the market maker?

They know that majority will set at the area for SL.. And when news come in... They will push to the SL area by further 10-20 pips of majority 30pips? And then let the news take over?
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depends where you enter and when. that day i got stop out before profit.
SL is a must. sometimes i call it luck.
when no luck just like me stop out before profit.
zDarkForceSz
post Mar 5 2014, 12:26 PM

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QUOTE(9kingsir @ Mar 5 2014, 12:24 PM)
GU,EJ,GJ,EU low volatility.... Waiting for news I think...NFP...

Get ready for spikes... 3 hrs before and after news.. 9.15pm tonight

Anyway I ain't news trader
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friday's nfp.
tonight is adp nf employment change
zDarkForceSz
post Mar 5 2014, 12:30 PM

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QUOTE(9kingsir @ Mar 5 2014, 12:28 PM)
Let but higher spread.. Just leave 100plus there.. Took 7 k out with 3 transaction..
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oh. i don't really care about spread when i placed my trades.
i just set and forget, do other thing
zDarkForceSz
post Mar 5 2014, 12:56 PM

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QUOTE(9kingsir @ Mar 5 2014, 12:41 PM)
Becos I m a scalper... Tracing and matching analysis..

I dun put SL...not to say I got deep pocket... But I can tahan the loss according to the margin and account size.

Sometimes I do stop loss myself after I have profit from martingale on same pair...

Example: GU 1.67000 short.... Against 20 pips...1.67200.. Short again... If drop till 10-15pips..1.67100-1.67050..
I ll close all position.. Treat that as even.. Sometimes this method only lose comm/swap...

Sometimes I gain a lot becos din put SL..
flex.gif
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without SL, you have to sit in front of the computer.
i dun like to be tied with the computer.
i just set and then the market play.
SL or TP thats it haha.
zDarkForceSz
post Mar 5 2014, 04:12 PM

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QUOTE(Doggystyle @ Mar 5 2014, 03:10 PM)
Hi guys, earlier you were discussing on the withdrawal limit of broker. My aaafx and ibfx is limited to 4k per month. Is that normal? Or usually other broker higher limit.
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i remember FxPro got no limit.
zDarkForceSz
post Mar 6 2014, 08:02 AM

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QUOTE(Kaizel @ Mar 6 2014, 03:22 AM)
I recently reached the legal age of 18 (Malaysian) and is very interested in the forex market. After years of homework and practise, I know quite a bit about the market. However, I am also fully aware and willing to accept the fact that most beginners, if not all, will fail on the first time trading. Anyways, the one thing I could not grasp on are the requirements. I would like to register on OANDA Asia Pacific. Can someone please enlighten me?

1) Do I need to have a job before I can trade? (I am a student)

2) Anything that I need to declare before I trade?

3) Generally asking, what are the (legal) requirements before I can start trading legally?
Thanks a bunch in advance!  icon_question.gif  smile.gif
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Oanda is well known market maker.
pick other broker.
zDarkForceSz
post Mar 11 2014, 01:57 PM

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QUOTE(9kingsir @ Mar 10 2014, 06:48 PM)
hmm.gif it must see deem fit...

Elephant leg can't wear Straight cut size pants

Small size ppl can't handle big size T shirt

Itchy hands think can become IRON MAN

Can predict 1-2 times think can become prof. Xavier still paralyse

Usd 100 cannot beat INCREDIBLE HULK  flex.gif

Wahaha..... rclxm9.gif  shakehead.gif
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Can, but need pro to do that.
I knew some people really did that.
But we know the real percentage is small, so haha.

100usd still not recommended unless you using CENT account.
zDarkForceSz
post Mar 13 2014, 03:35 AM

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QUOTE(9kingsir @ Mar 13 2014, 01:37 AM)
Market doesn't not follow indicators these 2 days.. Volatile goes on even in 4am
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screw the market.
I catch UP EurJpy(+40pips) , NzdJpy (+40pips) shorting train.
But then end up SL ass market.
zDarkForceSz
post Mar 20 2014, 06:08 PM

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QUOTE(CubeLogic @ Mar 20 2014, 04:10 PM)
guys is playing binary options 60 seconds forex smart?
im doing demo now and it's really not that bad.
using https://bancdebinary.com/ broker website.
not sure if i should start a real account.
btw what does it mean by 25% signing bonus.
means if i deposit 1k i get 1250? then the 250 is real money? O.O
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i believe that 25% bonus is only for you to trade but you cannot withdraw it.
since they can give 25% bonus means a lot people lose money lol,
zDarkForceSz
post Mar 29 2014, 12:10 AM

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QUOTE(Boykidz93 @ Mar 27 2014, 11:30 AM)
CAD shoot up like rocket  cry.gif
LOSE TILL  mad.gif
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QUOTE(9kingsir @ Mar 28 2014, 01:36 AM)
I profit on eu and gu today n forex academy
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Life is easy~
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zDarkForceSz
post Mar 29 2014, 12:10 AM

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BTW, strictly no ADVERTISEMENT here thank you very much!
zDarkForceSz
post Mar 29 2014, 07:52 AM

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QUOTE(Boykidz93 @ Mar 29 2014, 04:59 AM)
newbie here, lose MYR 1k in a week  cry.gif
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I always tell new guy a serious facts.
Trade demo, master Money Management, understand the market, create your own strategy, test it over and over, don't put too much faith on your strategy yet, never follow blindly on signal service, no EA, control over your inner demon aka greedy.

Making money is no easy. You don't put out effort, you won't gain from anything.

Trade what you see on your chart, not what you feel or heard.
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