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 Forex version XVIII, Foreign Exchange Market Discussion

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paqralos
post Aug 31 2016, 01:13 PM

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QUOTE(jarrodt @ Aug 29 2016, 01:41 PM)
hi everyone, im new here and i've been trading forex for 9 years. Currently im using uob kayhian sg as my broker so i have no problem when i transferring my money to them. Now i am going to open a new account in alpari but some of the banks in malaysia refuse to do the TT transaction including maybank, uob, standchart... i've been successfully transfer small amount like USD300 to alpari using rhb bank and public bank. Anyone here can help me with the TT issue? thanks
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Hi bro,

Do you mind sharing why you want to opt out for Uob Kayhian Sg?
SUSlowya
post Aug 31 2016, 02:00 PM

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QUOTE(Johnhun @ Aug 29 2016, 05:24 PM)
I heard that if u wan setup up company and fund your forex money to the company u can register as financial advisor name cincai put.
but when buy car or house government will come audit your bank i dunno how to pass that... maybe drink kopi then can smile.gif
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QUOTE(9kingsir @ Aug 29 2016, 08:01 PM)
1. At this moment, there is no tax from the government under tax act 1984 .. all revenues derived from oversea need not pay tax as tax has been declared oversea.

2. if the profits from forex is less than usd10000.. then u just bank in straight to your own local bank acct..
if you want use the profit to poise as income and later go get a loan gearing.. then  create a proprietory company .. use as design company better.. dun use trading.. cos trading u need stock in and out.. design can put as any value.. 1 picture design can cost usd 50000 oso can ma
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QUOTE(joblessman @ Aug 30 2016, 12:50 AM)
The company is already registered quite some time ago while I was freelancing. And the profit just categories as design projects? They don't need any invoice or statement to justify?
Please advice. Thank you.
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QUOTE(9kingsir @ Aug 30 2016, 04:12 AM)
u can quote to anyone to anywhere... just create an invoice...bcos broker will pay u with third party bank or financial institution like JP morgan chase or moneynet.. when anyone ask... it should tally..and bcos u noy in millions profit... they willl normally stop at this phrase.
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if design company, what if they ask u to produce your design proof?

wouldn't consultancy/advisory/management better?
jack2
post Aug 31 2016, 02:09 PM

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QUOTE(lowya @ Aug 31 2016, 02:00 PM)
if design company, what if they ask u to produce your design proof?

wouldn't consultancy/advisory/management better?
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clever rclxms.gif rclxms.gif rclxms.gif
paqralos
post Aug 31 2016, 02:12 PM

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QUOTE(lowya @ Aug 31 2016, 02:00 PM)
if design company, what if they ask u to produce your design proof?

wouldn't consultancy/advisory/management better?
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Any category also can ma.. As long as you do your accounts and audit properly can pass liao....
Johnhun
post Aug 31 2016, 06:26 PM

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QUOTE(lowya @ Aug 31 2016, 02:00 PM)
if design company, what if they ask u to produce your design proof?

wouldn't consultancy/advisory/management better?
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that's what i say financial advisor blink.gif
Johnhun
post Aug 31 2016, 06:27 PM

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QUOTE(paqralos @ Aug 31 2016, 02:12 PM)
Any category also can ma.. As long as you do your accounts and audit properly can pass liao....
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that is wash money tho... cool2.gif
9kingsir
post Sep 1 2016, 05:32 AM

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QUOTE(lowya @ Aug 31 2016, 02:00 PM)
if design company, what if they ask u to produce your design proof?

wouldn't consultancy/advisory/management better?
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design proof easy ma... u justthrow paint to empty paper.. wala.. cost usd10000... abstract picture brows.gif brows.gif brows.gif tongue.gif

consultancy need contract or permanent appointed letter rclxms.gif
paqralos
post Sep 1 2016, 07:07 AM

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QUOTE(Johnhun @ Aug 31 2016, 06:27 PM)
that is wash money tho... cool2.gif
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LoL

Not wash money la... Just want to legalize your income ma. You still pay taxes tho tongue.gif
4lenAngel
post Sep 1 2016, 08:15 AM

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So Who is looking for LONG Gold here??? biggrin.gif
With NFP just around the corner...
Any suggestions ?
Price reached the support level and bounced. RSI confirms price reversal and MACD forms bullish divergence. We have a signal for opening long trades.
sleepwalker
post Sep 1 2016, 09:50 AM

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QUOTE(silent_killer @ Aug 30 2016, 01:43 PM)
volatility is so low, sien
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That's typical for the month of July and August as Europe and US gets hit by the summer holidays. I usually don't trade much during these 2 months unless there are some form of crisis to determine direction. Otherwise there is usually no volatility and no direction.
dembaba9000
post Sep 1 2016, 09:52 AM

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QUOTE(4lenAngel @ Sep 1 2016, 08:15 AM)
So Who is looking for LONG Gold here??? biggrin.gif
With NFP just around the corner...
Any suggestions ?
Price reached the support level and bounced. RSI confirms price reversal and MACD forms bullish divergence. We have a signal for opening long trades.
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What if NFP shows good data? later drop to 1280 yo.
4lenAngel
post Sep 1 2016, 10:12 AM

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Just Buy stop! we'll see how it goes @1316.00

Anyway Look at UJ


blush.gif

Attached Image

This post has been edited by 4lenAngel: Sep 1 2016, 10:33 AM
kjlow88
post Sep 1 2016, 01:39 PM

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QUOTE(4lenAngel @ Sep 1 2016, 10:12 AM)
Just Buy stop! we'll see how it goes @1316.00

Anyway Look at UJ
blush.gif

Attached Image
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Good info. Thanks.

So now is Buy position for gold ?
rachel9966
post Sep 1 2016, 04:09 PM

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anyone here being contacted by LHDN regarding forex withdrawal into saving account?

what is the best way to keep forex profit?... put at offshore bank account? keep in neteller?
4lenAngel
post Sep 1 2016, 04:18 PM

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QUOTE(kjlow88 @ Sep 1 2016, 01:39 PM)
Good info. Thanks.

So now is Buy position for gold ?
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Nope not yet.. Market still looking for divergence.Wait for price to hit 103. to go short... still testing the resistance. (UJ)

CHF is goin down.. chance to long GBPCHF NOW! GBP flying high!

For Gold.. i just placed pending order.. Will wait for NFP

This post has been edited by 4lenAngel: Sep 1 2016, 04:20 PM
4lenAngel
post Sep 1 2016, 04:25 PM

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QUOTE(rachel9966 @ Sep 1 2016, 04:09 PM)
anyone here being contacted by LHDN regarding forex withdrawal into saving account?

what is the best way to keep forex profit?... put at offshore bank account? keep in neteller?
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I keep in Neteller or skrill. Apply for their Debit card. What bank u using ? I got no calls so far

This post has been edited by 4lenAngel: Sep 1 2016, 04:26 PM
rachel9966
post Sep 1 2016, 05:04 PM

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QUOTE(4lenAngel @ Sep 1 2016, 04:25 PM)
I keep in Neteller or skrill. Apply for their Debit card. What bank u using ? I got no calls so far
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i use maybank....
4lenAngel
post Sep 2 2016, 02:55 PM

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Attached Image

Attached Image


USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50

From that zone will expect a drop correction to hit the market toward 101.75 zone

Above 104.50 market will face another resistance at 105.00-20



Support Resistance
Level 1 102.85 103.75
Level 2 101.75 104.30-50
Level 3 100.70 105.00

Goodluck!
labtec
post Sep 2 2016, 08:17 PM

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how much collaterals we need put in forex account since it is a highly leverage trading activity?

This post has been edited by labtec: Sep 2 2016, 08:18 PM
deric79k
post Sep 2 2016, 08:48 PM

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Hi all master , I new into this, anyone hear about B Forex?

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