Thanks man although I felt it's hard.
Which I resorted to copy trade and lost all, oh well

There might be a chance to trade +ve carry by shorting eurusd.
Paogeh take note lol.

time to buy EURUSD

EU GU is shorting party, crazy easy money.

Hit SL already :-(

I think some ppl mix up trading and investing here.
I never bother on swaps. Important is the direction.

Enter wrong direction... Get +ve swaps also useless. They are just kidding themselves.

Pairing is one way, bro,... yes, just ride the profits upwards,... but at times, earning the premiums from short term knockouts can earn a lot too if you bet big. And when you are in forex,... it's always trading. Not investing at all !

Nice MACD convergence forming in EurUsd charts (H1,H4) and we are approaching key fibo retracement levels... Imo, it may be a good idea to scale-in longs. GL and Happy Trading.! :-)

basically REPO ,
how does it affect FX ?
Eg , now FED pump too much USD.

Does this mean USD would be weaker ?

If the trade deal is successful, then dollar will rally. If the deal is not successful, then dollar will fall.

Currently Trade war ,

good news == EUR/USD fall
Bad news == EUR/USD rise

EUR start to behave like "safe haven" status.

H4 & D1

Cause income from fx is capital gains, won't get taxed. But you will need a "full time income" from
a legit industry to prove that

since 10% is too low a return to trade for a living , how much atleast is required before able to go full time.

consider the capital is about 50k - 100k range.

i mean , i can be profitable but not able to be full timer as the return is too low..... , what results is needed before can become a full time trader haha

dont take count of those with millions.

Talking about yourself ah 🤭

Bros,... just sharing here :-

I am a private banking client. My RM would ask me out regularly to chat or to buy her dinner.

Fulltime traders (also known as professional traders) normally work in an institution trading on behalf of that institution. They get all the experiences and trainings from that institution, and risk funds from that institution, not their own money.

Some, who have gained a lot of experience, may venture out on their own after having gotten tired of and fed-up with their jobs. They are already armed with enough knowledge and experience to 'fight by themselves' out there, not to mention too, the wealth that they have accumulated to help them start !

Yes,... for an institution,... but if you noticed, he did not continue trading fulltime, he continued his corporate life and later started his own business. So, this is a different path from being a fulltime trader.

After reading everyone comment,  I would conclude the chance to become a full time trader is very very minimal even after you have the skill to be profitable. You still need passive income or big capital provided,  which both of them need you to work first but not trading.

So not worth a try for anyone unless he can work with big institution,  but Malaysia is illegal to trade forex. So....  Better go try stock haha,  any stock trading institution hiring trader here? 

Tks akib,....

I think using techs or funda's depend on what type of trader (or investor,... if you can call a forex enthusiast this) you are. For myself,... I am not too keen to go in and out, hence, I would like to have a very big picture of what's happening now and how today's events will affect future events.

I have applied techs to my investing style, but I found it to be not very accurate. I have before used 'longterm' Elliott Waves, 200ma to predict. The third wave always missed,... maybe my luck then.

Then some chartists recommended other time-periods but I found these charts being highly dependant on what supports are broken and what resistances are exceeded. Again,... I found my floors and my ceilings kept getting broken and hitting my stoplosses.

I seldom set TPs,... preferred to keep riding up,...

Bro,.. on the GBPJPY, with Brexit decisions going to and fro,... you need to pullout from a position quick ! You need to have tight SLs and TPs here. With the 'stability' of the yen,... chances to loose are higher.....

This morning,... RBA Govenor Rob Lowe (can't remember his name, I only remembered 'baldy' Glenn Stevens for I've spoken with him personally a few yrs ago,..) said they may not totally remove ideas of QE in Aust..

As of this morning, target for the RBA rate is 0.25%.   

I wouldn't want to short AUDJPY too with the above news. I'll just stay away,...

Better I go long SGDMYR,....

Tks bro,... I'm not so confident of the USDJPY (sorry bro,.. not JPYUSD),... the moment Feds changes direction,... mati-lor,...

Recent dipping of USDJPY because Feds reiterated again that they WILL STOP dropping rates. But if,... POTUS says 1st phase trade deal can't happen this year, one will be caught in the wrong direction if world economy tumbles. USD regains safe haven status.

JMHO, bro,... better to watch AUDJPY,...  more predictable, for me at least,...