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 Forex version XVIII, Foreign Exchange Market Discussion

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demolationz
post Apr 30 2016, 06:44 AM

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QUOTE(normeck @ Apr 30 2016, 02:20 AM)
group apa pun...Group Ragnarok....  tongue.gif
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TRo ke ?
demolationz
post Apr 30 2016, 08:18 PM

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QUOTE(Toki Theng @ Apr 30 2016, 06:25 PM)
I decided to do a little bit more research and is it true that we can trade forex provided that we trade in currency pairs which do not involve the myr? Like GBPUSD, EURUSD, everything else without the MYR currency is fine? Does it mean that if we "legally" convert our ringgits through authorized dealers/banks we can trade non myr currencies? I mean its our money right just in a different currency and any risks is on us and it won't jeopardize the country in any form yes?
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There are broker that offer MYR currency eg. SGDMYR, USDMYR. You can trade those pair, but bear in mind the spread is big. bangwall.gif
demolationz
post May 1 2016, 11:26 AM

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QUOTE(sniperz @ May 1 2016, 10:24 AM)
How is the forex market so far? Been learning some basics but never invested at it.
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So far so good.
demolationz
post May 1 2016, 12:30 PM

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Happy weekend guys, tin kosong reporting in.
demolationz
post May 1 2016, 01:18 PM

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QUOTE(Toki Theng @ Apr 30 2016, 01:46 PM)
Hello everyone. I am extremely new to the idea of forex trading but I am confused. Is online forex trading legal or illegal in Malaysia? yeah BN website says its illegal if it's non authorised dealer but is there another way I can trade forex online without making it illegal? all experts please advice me. Very confused here. Thank you in advance.
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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.

This post has been edited by demolationz: May 1 2016, 02:22 PM
demolationz
post May 1 2016, 02:23 PM

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QUOTE(nonstop28 @ May 1 2016, 02:04 PM)
so far no good

for me  cry.gif
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Depends on what your problem in FX. Anyone guide you ? hmm.gif
demolationz
post May 1 2016, 03:12 PM

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QUOTE(brotan @ May 1 2016, 02:57 PM)
well if u r earning big amount but u can't use it to buy big ticket item, kinda sucks
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Who says you cant buy big item ? smile.gif
Many FX trader bought car, house with FX money. Even gold mine.

This post has been edited by demolationz: May 1 2016, 03:14 PM
demolationz
post May 1 2016, 03:16 PM

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QUOTE(nonstop28 @ May 1 2016, 02:30 PM)
im on my own with no outside guidance. but this dream is very much alive
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Can improve don't worry. But, with guidance you will improve very fast. Thats from my experience.
demolationz
post May 1 2016, 03:18 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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That one you need to figure out. smile.gif
I bet no one would tell it publicly. LOL

This post has been edited by demolationz: May 1 2016, 03:19 PM
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.
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.
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!
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.
demolationz
post May 3 2016, 02:11 AM

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QUOTE(demolationz @ Apr 28 2016, 12:11 PM)
Just my point of view. Where is T2 ?  brows.gif

[attachmentid=6510222]

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Congrats to the people who follow. notworthy.gif
I hope my chart might be useful to some forumer.

Goodluck, happy green pips !


Attached Image

Attached Image



This post has been edited by demolationz: May 3 2016, 02:14 AM
demolationz
post May 3 2016, 02:17 AM

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QUOTE(Darkcity212 @ May 3 2016, 02:16 AM)
May i know how to play this game ?can anyone here guide me please?
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Hello. Nice to meet you. smile.gif

demolationz
post May 3 2016, 02:30 AM

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QUOTE(Darkcity212 @ May 3 2016, 02:27 AM)
Hi nice to meet u too.how to join this game?
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----> http://www.babypips.com/school

I see you on graduation day. thumbsup.gif
demolationz
post May 3 2016, 02:36 AM

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QUOTE(CallOfLegend @ May 2 2016, 10:02 PM)
closed my AU buy trade. Looks like it want to go down

Edit: Open new trade sell AU 0.7621. sl0.7671 tp 0.7551.

My trade my own risk.
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Opinion from tin kosong. sweat.gif

Attached Image

demolationz
post May 3 2016, 12:43 PM

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QUOTE(OmiCatFace @ May 3 2016, 09:06 AM)
sifu have spoken... time to put in order...  notworthy.gif
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QUOTE(tararan @ May 3 2016, 12:36 PM)
RBA rate announced worst than forecast
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QUOTE(CallOfLegend @ May 3 2016, 12:34 PM)
AU insane sudden drop blink.gif  mega_shok.gif  innocent.gif
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Gratz !


Attached Image

demolationz
post May 3 2016, 01:41 PM

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QUOTE(OmiCatFace @ May 3 2016, 01:30 PM)
baru 15 pips profit coz masuk order lewat... tapi sell 1 lot la... haha.  rclxm9.gif

tq sifu! any view on other currency pairs as well guys? all mcm mendatar aje so far... besides wat happened to AUD just now...
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Still wait and see. Saving bullets for NFP. unsure.gif

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