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Investment Forex Version 21, Foreign Exchange Market Discussion

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sleepwalker
post Apr 26 2024, 04:03 PM

Need sleep....
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From: the lack of sleep


... and intervention happened. 200 pips GBP/JPY dump.
jack2
post Apr 28 2024, 12:30 PM

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QUOTE(sleepwalker @ Apr 26 2024, 04:03 PM)
... and intervention happened. 200 pips GBP/JPY dump.
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I thought my post can get more people to chat here but still zero except you.
dwRK
post Apr 28 2024, 03:01 PM

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QUOTE(jack2 @ Apr 28 2024, 12:30 PM)
I thought my post can get more people to chat here but still zero except you.
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i chat here a bit last time... also give up... hahaha

jack2
post Apr 28 2024, 04:01 PM

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QUOTE(dwRK @ Apr 28 2024, 03:01 PM)
i chat here a bit last time... also give up... hahaha
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then we setup via telegram chat group ok bo?
dwRK
post Apr 28 2024, 04:39 PM

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QUOTE(jack2 @ Apr 28 2024, 04:01 PM)
then we setup via telegram chat group ok bo?
*
gave up manual trading for now... busy setting up trading bot...
maybe after it go live i restart charting/trading...

sleepwalker
post Apr 29 2024, 09:38 AM

Need sleep....
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QUOTE(jack2 @ Apr 28 2024, 12:30 PM)
I thought my post can get more people to chat here but still zero except you.
*
All I can say is yen is the bitcoin of forex at the moment if you can stomach the interventions that doesn't work. Just punched through another all time low against USD and GBP at 160 and 200 levels.

This post has been edited by sleepwalker: Apr 29 2024, 09:40 AM
gomydata
post Aug 18 2024, 06:52 PM

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QUOTE(sleepwalker @ Apr 29 2024, 10:38 AM)
All I can say is yen is the bitcoin of forex at the moment if you can stomach the interventions that doesn't work. Just punched through another all time low against USD and GBP at 160 and 200 levels.
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Please share your forex strategy here. I saw someone are making 30% yearly and continues for 2 years online in fxbook. Another making 100% continuesly for 5 years from Malaysia. Anyone know how they make it
TheKraken
post Aug 29 2024, 09:14 PM

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QUOTE(gomydata @ Aug 18 2024, 06:52 PM)
Please share your forex strategy here. I saw someone are making 30% yearly and continues for 2 years online in fxbook. Another making 100%  continuesly for 5 years from Malaysia. Anyone know how they make it
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Can you show me the myfxbook link to the guy that made 100% continuously for 5 years? Then I will be able to tell you whether this guy is legit or not.
normeck
post Sep 2 2024, 09:52 PM

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Any youtube channel for snr trading strategy?
dwRK
post Oct 20 2024, 04:35 PM

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malaysian...

Dingdongcc
post Nov 18 2024, 01:35 PM

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Anyone using ic markets? im having trouble withdrawing money via fpx. After ic market approved it, a few days later they say your withdrawal request via FPX Solution for Malaysia was unsuccessful, so we have redeposited the fund back to your trade account due to technical issue.

Previously i did not have any issue withdrawing. And im using the same method and same bank to withdraw.


They asked me to resubmit my withdrawal request again. But this is my second time doing it. Emailed support but no response yet.
asakura_hao P
post Jan 7 2025, 01:06 AM

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what is the story after that?

QUOTE(Dingdongcc @ Nov 18 2024, 01:35 PM)
Anyone using ic markets? im having trouble withdrawing money via fpx. After ic market approved it, a few days later they say your withdrawal request via FPX Solution for Malaysia was unsuccessful, so we have redeposited the fund back to your trade account due to technical issue.

Previously i did not have any issue withdrawing. And im using the same method and same bank to withdraw.
They asked me to resubmit my withdrawal request again. But this is my second time doing it. Emailed support but no response yet.
*
joblessman
post Jan 20 2025, 12:25 PM

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Hello, I'd like to ask for some advise.

I'm currently profiting from Forex. I'm currently using LD to withdraw my earnings. Since I was told I am able to withdraw to company bank account / Sole Proprietor.

My question is can I withdraw it, and release the funds sort of like a salary to me, while also increasing my contribution to EPF?

1. I can do self contribution on my own, but I'd like to have the newly set up company pay to EPF for me as well to increase my contribution.

2. I am currently employed as well. so I am not sure what are the procedure. I know I can easily set up a new company with SSM and bank account.

Thank you.
MUM
post Jan 20 2025, 12:35 PM

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QUOTE(joblessman @ Jan 20 2025, 12:25 PM)
Hello, I'd like to ask for some advise.

I'm currently profiting from Forex. I'm currently using LD to withdraw my earnings. Since I was told I am able to withdraw to company bank account / Sole Proprietor.

My question is can I withdraw it, and release the funds sort of like a salary to me, while also increasing my contribution to EPF?

1. I can do self contribution on my own, but I'd like to have the newly set up company pay to EPF for me as well to increase my contribution.

2. I am currently employed as well. so I am not sure what are the procedure. I know I can easily set up a new company with SSM and bank account.

Thank you.
*
Not a qualified tax comment,
Just kay poh while waiting for real value added response from tax sifus.

If money goes into your company account, .... when kena audit, may hv to justify for what the fund are pay for. Why there are influx of fund without any sales.

Also regarding kwsp contribution for sole proprietor
https://www.yycadvisors.com/sole-proprietor...20tax%20savings!




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joblessman
post Jan 23 2025, 04:57 PM

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QUOTE(MUM @ Jan 20 2025, 12:35 PM)
Not a qualified tax comment,
Just kay poh while waiting for real value added response from tax sifus.

If money goes into your company account, .... when kena audit, may hv to justify for what the fund are pay for. Why there are influx of fund without any sales.

Also regarding kwsp contribution for sole proprietor
https://www.yycadvisors.com/sole-proprietor...20tax%20savings!
*
I'm not so concern about the tax part. I'll happily pay my part of the tax if required, I just want to maximise my EPF contribution. From what I know, maximum self-contribution is 100k / year. I'm not sure if the employer deduction is counted into the 100k/year or not. Just planning for the future.

rclxms.gif rclxms.gif
MUM
post Jan 23 2025, 05:04 PM

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QUOTE(joblessman @ Jan 23 2025, 04:57 PM)
I'm not so concern about the tax part. I'll happily pay my part of the tax if required, I just want to maximise my EPF contribution. From what I know, maximum self-contribution is 100k / year. I'm not sure if the employer deduction is counted into the 100k/year or not. Just planning for the future.

rclxms.gif  rclxms.gif
*
I think, just think,

If there are money from overseas being chanelled or in process of channeling into your business account without any documented sales or services activities, ...that issue should be more concern than your income tax.

This post has been edited by MUM: Jan 23 2025, 06:38 PM
dwRK
post Jan 23 2025, 08:51 PM

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QUOTE(MUM @ Jan 23 2025, 05:04 PM)
I think, just think,

If there are money from overseas being chanelled or in process of channeling into your business account without any documented sales or services activities, ...that issue should be more concern than your income tax.
*
no issue... got account statements from broker...

MUM
post Jan 23 2025, 08:58 PM

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QUOTE(dwRK @ Jan 23 2025, 08:51 PM)
no issue... got account statements from broker...
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To his company business account instead of his personal account?
dwRK
post Jan 23 2025, 09:02 PM

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QUOTE(joblessman @ Jan 20 2025, 12:25 PM)
Hello, I'd like to ask for some advise.

I'm currently profiting from Forex. I'm currently using LD to withdraw my earnings. Since I was told I am able to withdraw to company bank account / Sole Proprietor.

My question is can I withdraw it, and release the funds sort of like a salary to me, while also increasing my contribution to EPF?

1. I can do self contribution on my own, but I'd like to have the newly set up company pay to EPF for me as well to increase my contribution.

2. I am currently employed as well. so I am not sure what are the procedure. I know I can easily set up a new company with SSM and bank account.

Thank you.
*
thinking logically...

1. set up company... sole proprietor or sdn bhd...
2. employed by said company...
3. trade under company name...
4. company pays salary and epf...
5. you do additional self contribution...

what i don't know... can you be employed by two companies at the same time... can a company be set up to trade forex/crypto/whatever... all these i think best go ask lhdn...

Pain 9000
post Feb 26 2025, 08:21 PM

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tradingcastle, txedugroup, thehills.international, atas.my - can see at Instagram.

these are actually what ya?

sales and marketing for forex? or what?

how to categorise them?

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