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 Forex version XVIII, Foreign Exchange Market Discussion

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carrer
post May 1 2016, 03:57 PM

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QUOTE(brotan @ May 1 2016, 03:15 PM)
if let's say your only income is from forex and you want to buy a house, how are you gonna get loan?

if you pay cash, lhdn will come and find u
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Money laundering, through Restaurants, Casinos, etc.
cmk96
post May 1 2016, 06:46 PM

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There are many ways to buy big ticket items using fx income... but pay cash for property sound is the most illogical... unless u dun mind being query by LHDN. Full time trader need to pay tax too.

I just declared by tax... wait LHDN query me.... lol. Agreed with bro demolationz... many steps are involved...
brotan
post May 1 2016, 06:51 PM

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QUOTE(cmk96 @ May 1 2016, 06:46 PM)
There are many ways to buy big ticket items using fx income... but pay cash for property sound is the most illogical... unless u dun mind being query by LHDN. Full time trader need to pay tax too.

I just declared by tax... wait LHDN query me.... lol. Agreed with bro demolationz... many steps are involved...
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can share your experience?
TSblah2blah
post May 1 2016, 07:03 PM

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Haih, me boleh untung from forex baru cakap tax
demolationz
post May 1 2016, 07:25 PM

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QUOTE(cmk96 @ May 1 2016, 06:46 PM)
There are many ways to buy big ticket items using fx income... but pay cash for property sound is the most illogical... unless u dun mind being query by LHDN. Full time trader need to pay tax too.

I just declared by tax... wait LHDN query me.... lol. Agreed with bro demolationz... many steps are involved...
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Who already been through will feel the pain. HAHA.
But, as usual. You got the money, everything can do also.
SUSsniperz
post May 1 2016, 08:04 PM

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QUOTE(demolationz @ May 1 2016, 03:18 PM)
That one you need to figure out. smile.gif
I bet no one would tell it publicly. LOL
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P&C is good.
demolationz
post May 1 2016, 08:48 PM

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QUOTE(andrewcha @ May 1 2016, 07:03 PM)
Haih, me boleh untung from forex baru cakap tax
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Share with me your trading strategy sifu.
TSblah2blah
post May 1 2016, 09:03 PM

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QUOTE(demolationz @ May 1 2016, 09:48 PM)
Share with me your trading strategy sifu.
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No, I mean if only I can untung from forex baru cakap tax la. Demo also already down 20% of initial startup
brotan
post May 1 2016, 09:23 PM

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QUOTE(andrewcha @ May 1 2016, 09:03 PM)
No, I mean if only I can untung from forex baru cakap tax la. Demo also already down 20% of initial startup
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Don't give up
demolationz
post May 2 2016, 12:26 AM

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QUOTE(andrewcha @ May 1 2016, 09:03 PM)
No, I mean if only I can untung from forex baru cakap tax la. Demo also already down 20% of initial startup
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Ya. lets see you strategy. Mana tau, can upgrade lagi jadi super power. hehe
demolationz
post May 2 2016, 01:42 AM

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I saw opportunity on USDxxx pair. Most of them. smile.gif
Happy greenpips everyone!

Drop me your telegram number If you interested to exchange knowledge in trading, signals or strategy. Still thinking to open telegram group.

Good day!
Riddhy
post May 2 2016, 09:12 AM

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QUOTE(brotan @ Apr 29 2016, 06:16 AM)
I can only give guidance here and there. Main learning, you need to do it yourself and also ask in mql5 forum

Basic requirements

1. You must have some experience in programming language (any)
2. You need to Have a copy of mql4 ea code (source code). Try Google. This is your reference for learning
3. You need to have a very specific idea on your trading rules
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Thanks bro, sorry for late reply. I am learning python, about specific idea what do you mean? Care to explain a bit more please?
brotan
post May 2 2016, 09:24 AM

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QUOTE(Riddhy @ May 2 2016, 09:12 AM)
Thanks bro, sorry for late reply. I am learning python, about specific idea what do you mean? Care to explain a bit more please?
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hi

idea = how to enter and exit. what's your mechanical rule. this you have find your own path as everyone has different strategy that suits them

python = that's good. generic command like if, loop, for, function, variable, etc is almost the same. the only thing you need is a sample mql4 file, try and error see what each function do (i mean default mql4 function, not custom function) so that you will understand them.
TSblah2blah
post May 2 2016, 09:38 AM

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QUOTE(brotan @ May 1 2016, 10:23 PM)
Don't give up
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Thank you for your encouragement.

QUOTE(demolationz @ May 2 2016, 01:26 AM)
Ya. lets see you strategy. Mana tau, can upgrade lagi jadi super power. hehe
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Atm I don't have a specific niche of trading. As someone ask/teach me to trade via naked chart/PA without using indicator. So I am still on the blue.

Btw am I the only one that seeing JPY gonna get weaker on UJ, EJ and NJ?
demolationz
post May 2 2016, 10:16 AM

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QUOTE(andrewcha @ May 2 2016, 09:38 AM)
Thank you for your encouragement.
Atm I don't have a specific niche of trading. As someone ask/teach me to trade via naked chart/PA without using indicator. So I am still on the blue.

Btw am I the only one that seeing JPY gonna get weaker on UJ, EJ and NJ?
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UJ and NJ i saw opportunity. Just waiting confirmation.
9kingsir
post May 2 2016, 11:12 AM

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QUOTE(demolationz @ May 1 2016, 01:18 PM)
From my opinion. Its illegal to involve FX in Malaysia, unless you have been authorize by BNM just like currency exchanger out there. That is why we have been trading FX underground basis. Most of trader, prefer to keep silent about it.
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Just 2 cent opinion...

illegal fx trading in malaysia involve physical money..

Lack of law regulation over e-commerce fx trading with broker oversea. u r in grey area trading..

thats y no one was arrested in retail trading forex.

As for those arrested in forex, they are scammers, or those doing illegal deposit ( take your money but not trading under your acct) or do MLM, illegal pyramid schemes or not authorised activitities.

as for tax... consider derivaties from oversea.. i forgot the Act clause...

as for getting loan.. bank see your transaction for 2 years if you r on freelance/ doing sales without basic pay like property agent or insurance agent..

hope this helps...
rachel9966
post May 2 2016, 12:32 PM

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Freelance or sales.... bank still want to see declaration to LHDN as proof.... must pay tax.... to get loan... my fren do freelance work want to buy a house also asked for tax receipt.
carrer
post May 2 2016, 12:33 PM

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QUOTE(Riddhy @ May 2 2016, 09:12 AM)
Thanks bro, sorry for late reply. I am learning python, about specific idea what do you mean? Care to explain a bit more please?
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Check out Pandas python.
brotan
post May 2 2016, 12:37 PM

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QUOTE(carrer @ May 2 2016, 12:33 PM)
Check out Pandas python.
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is that some sort of EA language?
ahmike89
post May 2 2016, 01:40 PM

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