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Investment Forex Version 21, Foreign Exchange Market Discussion

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aral3005
post Jan 17 2020, 10:54 PM

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Me byk tertipu by gold this week
Zzz

Alan Andrews
post Jan 23 2020, 11:49 PM

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Good opportunity to go long on EurChf. Very nice MACD convergence in both the H4 as well as the weekly chart and we are approaching a strong demand zone. Imo, might be good idea to scale-in long positions with each dip..!! GL and Happy Trading...!! smile.gif)


jack2
post Jan 25 2020, 11:26 AM

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QUOTE(sl3ge @ Jan 12 2020, 03:19 PM)
Hi guys,
Actually forex PAMM system is it a scam?
*
a lot of scams especially accentforex.com

You can see that many of the fund managers generate very good returns but all are internally making one.. haha brows.gif
JackMao P
post Jan 25 2020, 04:48 PM

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Hey guys. Got a question.

Does anyone here uses OANDA? I'm thinking of switching my broker to more regulated ones (using XM now).

But I want to know how OANDA works.

i) withdrawal/depo - applicable for online bank transfer or Neteller?

ii) what about their charges for withdrawal (using Neteller)?

iii) Does their swaps high for swing trading (overnight hold)?

If anyone have any experienced using this broker, I'd like to know your experience.
paogeh
post Jan 28 2020, 12:03 AM

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Shorting EU ..... 4 lot ..... avg price 1.1040.


TP= 1.06 ,
or 1.0000 .......

Strategy :: Pyramid .....
might add more shot every 100 pip down .





Feliex
post Jan 29 2020, 01:50 PM

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QUOTE(JackMao @ Jan 25 2020, 04:48 PM)
Hey guys. Got a question.

Does anyone here uses OANDA? I'm thinking of switching my broker to more regulated ones (using XM now).

But I want to know how OANDA works.

i) withdrawal/depo - applicable for online bank transfer or Neteller?

ii) what about their charges for withdrawal (using Neteller)?

iii) Does their swaps high for swing trading (overnight hold)?

If anyone have any experienced using this broker, I'd like to know your experience.
*
Oanda is good, but I never use before. I would recommend you Pepperstone.

This post has been edited by Feliex: Jan 29 2020, 01:51 PM
Feliex
post Jan 29 2020, 01:59 PM

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QUOTE(paogeh @ Jan 28 2020, 12:03 AM)
Shorting EU ..... 4 lot ..... avg price 1.1040.
TP= 1.06 ,
or 1.0000 .......

Strategy :: Pyramid .....
might add more shot every 100 pip down .
*
Brexit & FOMC on 1/31.

Price Compress (bearish) on the Weekly chart.
paogeh
post Jan 29 2020, 02:34 PM

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QUOTE(Feliex @ Jan 29 2020, 01:59 PM)
Brexit & FOMC on 1/31.

Price Compress (bearish) on the Weekly chart.
*
what;s the expectation for Brexit/FOMC ?

Feliex
post Jan 29 2020, 02:42 PM

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QUOTE(paogeh @ Jan 29 2020, 02:34 PM)
what;s the expectation for Brexit/FOMC ?
*
for me, Uncertainty
dwRK
post Jan 29 2020, 06:37 PM

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QUOTE(paogeh @ Jan 29 2020, 02:34 PM)
what;s the expectation for Brexit/FOMC ?
*
both non-event imho

you started playing stocks?

This post has been edited by dwRK: Jan 29 2020, 08:52 PM
paogeh
post Jan 30 2020, 12:56 AM

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QUOTE(dwRK @ Jan 29 2020, 06:37 PM)
both non-event imho

you started playing stocks?
*
Shorting eu .
Initial , 4 lot
Added more . Total 7 lot

Tp 1.06
May be 1.00

Why?
Coronavirus
Eu long term downtrend

user posted image
mrbigggyyy
post Jan 30 2020, 08:41 AM

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QUOTE(paogeh @ Jan 30 2020, 12:56 AM)
Shorting eu .
Initial , 4 lot
Added more . Total 7 lot

Tp 1.06
May be 1.00

Why?
Coronavirus
Eu long term downtrend

user posted image
*
wait.. u have 7 lots position with a less than 5k account?

wow
TradeMinim
post Jan 30 2020, 12:29 PM

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QUOTE(paogeh @ Jan 30 2020, 12:56 AM)
Shorting eu .
Initial , 4 lot
Added more . Total 7 lot

Tp 1.06
May be 1.00

Why?
Coronavirus
Eu long term downtrend

user posted image
*
All in? laugh.gif And I've thought you learnt from all your past experiences haha, all the best!
CallOfLegend
post Jan 30 2020, 01:24 PM

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IMO eurusd may stop downtrend anytime soon. better stay out
aral3005
post Jan 30 2020, 04:05 PM

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QUOTE(paogeh @ Jan 30 2020, 12:56 AM)
Shorting eu .
Initial , 4 lot
Added more . Total 7 lot

Tp 1.06
May be 1.00

Why?
Coronavirus
Eu long term downtrend

user posted image
*
As long as you learn the lesson and know ehat you are doing, you hv my support bro

The guts to never give up is the most important
Synthesia
post Jan 30 2020, 05:06 PM

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Whats a good forex app that you guys use? Any app that gives extra credits to new registrations?
tckian
post Jan 31 2020, 10:04 PM

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Hi Genius Forex Trader!

Been trading for 2 years++ but never been to LYN forex forum here! Lol

Good to know you guys!
donkeyg
post Feb 1 2020, 03:47 AM

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Hi to all the Sifus here. got a question here, hopefully someone will answer question.


is there any problem let say if i withdraw 20k+ USD (roughly RM100k) from forex platform?

do i have to pay tax to the government?

This post has been edited by donkeyg: Feb 1 2020, 03:48 AM
cmk96
post Feb 1 2020, 09:03 AM

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QUOTE(donkeyg @ Feb 1 2020, 03:47 AM)
Hi to all the Sifus here. got a question here, hopefully someone will answer question.
is there any problem let say if i withdraw 20k+ USD (roughly RM100k) from forex platform?

do i have to pay tax to the government?
*
I hv seen such questions many times...

Withdraw 100k every month... Bank kacau anot?

If i use the money to buy car/house.... LHDN will kacau anot?

Deposit using bank counter... Will they ask me question?

Earn money from forex.... Need to declare income to LHDN anot?

Forex income is taxable meh?

Bla... Bla... Bla...


If you have so many worries... Don't do it... Trade something else.

There is always some risk when you do forex in msia. See you can accept anot.


TradeMinim
post Feb 1 2020, 10:30 AM

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QUOTE(donkeyg @ Feb 1 2020, 03:47 AM)
Hi to all the Sifus here. got a question here, hopefully someone will answer question.
is there any problem let say if i withdraw 20k+ USD (roughly RM100k) from forex platform?

do i have to pay tax to the government?
*
Yes and No. It depends on whether you want to declare that amount or not and whether
related parties want to investigate further or not.

If you plan to use the money to buy car/house, then you'll need to declare.

Just make sure you keep a backup of your statements (some brokers provide reports,
else just export from mt4, account history > right click > save as report)

Here's a tip, I trade spot gold only. smile.gif There are also many other "methods"
that are safe, but require more upfront work. If you want to know more feel free to pm me smile.gif

This post has been edited by TradeMinim: Feb 1 2020, 10:32 AM

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