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Investment Forex Version 21, Foreign Exchange Market Discussion

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Icehart
post Apr 28 2020, 05:57 PM

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QUOTE(jakirov92 @ Mar 25 2020, 02:52 AM)
Sorry, dont know how to edit last post.
Here the other loss of my order.
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Change your broker. The swap is crazy!
Icehart
post Jul 2 2020, 10:18 PM

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QUOTE(jack2 @ Jul 2 2020, 10:06 PM)
Number 2. You can check what rate is converted.
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I have the same option too.
Bank withdrawal vs Malaysia Bank withdrawal.

I always have used Bank Withdrawal but lately, my Forex income has been consistent and I'm afraid banks will ask for proof. I know Forex is illegal in Malaysia.
Do you what's the difference between the two withdrawal methods?

For Malaysia Bank Withdrawal, does it mean the broker will transfer to my account from a local bank compared to Bank Transfer (which originate from Australia)?
Icehart
post Jul 2 2020, 10:44 PM

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QUOTE(jack2 @ Jul 2 2020, 10:39 PM)
They use third party processor which you can see different payee names when you received.
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I see. This looks safer compared to International Bank Transfer into our bank accounts.
Icehart
post Dec 24 2020, 01:14 PM

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QUOTE(cmk96 @ Dec 10 2020, 10:31 AM)
For me risk:reward is the most important...

This year i made 846.4% from GBPJPY alone...

[attachmentid=10717231]
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Are you trading on your own?
Icehart
post Jan 9 2021, 12:16 PM

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QUOTE(simplesmile @ Jan 8 2021, 12:17 PM)
If you are given three currency choices (EUR, GBP or USD) to create your account, which currency would you choose?
In the past I have always chosen my account as USD. But I'm thinking of creating account in other currencies as well due to lower exchange rate charges when funding trading account.

What's your thoughts on the three currency choices?
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I store in SGD. Probably the most stable currency compared to EUR, GBP or USD. laugh.gif
Icehart
post Jan 11 2021, 01:01 AM

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QUOTE(cmk96 @ Jan 10 2021, 10:10 AM)
Agreed... Past performance is important too.

Many blow up the account within 6 months.

Just for the sake of high return.
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Without valid myfxbook for us to gauge the performance, it's all talk without concrete proof.
I usually only see once the performance is consistent for more than 2.5 years with DD less than 15%.
Icehart
post Jan 11 2021, 11:21 AM

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QUOTE(cmk96 @ Jan 11 2021, 08:02 AM)
Let me know if you found such trader. 15% dd for 2.5 yrs.
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There are some I've found but they have high minimum AUM entry.
Lowest I've found is 100k USD with a target 1% gain per month.
Icehart
post Jan 11 2021, 01:58 PM

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QUOTE(cmk96 @ Jan 11 2021, 12:30 PM)
Reasonable lor.... High expectation always come with high min investment.

Thats what i told those who pm me too.

My result is just so so... but don't need 100k la.

[attachmentid=10753683]
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What's your DD?
Icehart
post Jan 26 2021, 02:50 PM

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QUOTE(jordan.vic @ Jan 23 2021, 02:55 PM)
Hey guys making my first withdrawal of fund from pepperstone today. any sifus here got any tips on what I should expect from bank side if they call. anything I should say to them? totally newbie here about withdrawal. its just USD 200 btw. kinda worried
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Doubt 200 USD will trigger any.
I withdraw USD 6,000 before. Still get through but received a call one week later.

Told them is a personal investment. They're ok.
Icehart
post Feb 13 2021, 09:14 AM

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QUOTE(Archemedia @ Feb 13 2021, 05:05 AM)
user posted image

RISK IS REAL  biggrin.gif
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Huge risk swing - From 130% to -66% the next month. I'll avoid at all cost.
Icehart
post Feb 13 2021, 11:06 PM

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QUOTE(akib_mullen @ Feb 13 2021, 01:49 PM)
Click the link no more see the ct?
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https://my.liteforex.com/traders/info?id=11...9&uid=790136173
Icehart
post Feb 14 2021, 02:15 PM

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QUOTE(dwRK @ Feb 14 2021, 12:19 PM)
each bank got own algo & threshold to trigger aml... just keep all xfer & trading records

I xfer local maybank to local maybank also kena aml
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How did you resolve that?
Mine got 20k withdrawal they did ask but I told them it was an investment withdrawal and they're ok with that.

This post has been edited by Icehart: Feb 14 2021, 02:16 PM
Icehart
post Feb 16 2021, 02:35 AM

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QUOTE(jzack @ Feb 15 2021, 08:12 AM)
same here. my last trade was on 2007. just started trading again last month using XM, really good support, depo instant, withdrawal took only 1 day - but they are labelled as 'Bucket shop broker'. So i withdraw all my money from them.

i just signed up on icmarkets (which also recommended by lyn user), can choose low spread (std acc) or zero spread (raw spread - with commision). however support is quite slow. no experience on withdrawal yet.

pepperstone seems reliable too.

ref : https://forum.lowyat.net/topic/3774126
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Pepperstone provides you a dedicated account manager with Whatsapp support. So they are really good.
The only problem I face is the data leak that happened to me personally. Imagine getting calls from 20-30 different financial providers a week (99% are from international).

I switched from AXI to Pepperstone but decided to switch back again to AXI mainly for the Psyquotation assessment.
Icehart
post Mar 12 2021, 11:23 AM

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QUOTE(real55555 @ Mar 11 2021, 10:25 PM)
Would like to ask all traders here, which forex broker to use to do trading?

Best if can fulfill requirements as below:
1. Lowest transaction fee or spread
2. Easy deposit and withdrawal without fees or minimal fees

thanks
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Axi or Pepperstone
Now trade mainly in Pepperstone because they assign a dedicated account manager who you can contact via WhatsApp
Icehart
post Mar 15 2021, 10:41 AM

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QUOTE(real55555 @ Mar 15 2021, 09:45 AM)
Thanks, tickmill and ic markets is blocked by mcmc?
Thanks, Axi and pepperstone easy to deposit and withdraw with msia banks?
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Yes. Can deposit with cards or MYR Bank Transfer.
I recommend a card deposit. smile.gif
Icehart
post Mar 15 2021, 12:26 PM

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QUOTE(real55555 @ Mar 15 2021, 11:16 AM)
By card you mean credit card? any charges? Because some banks treat these as cash advance type of transaction and will charge it based on cash advance.
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No. But subject to your cc forex exchange rate.
Icehart
post Mar 15 2021, 02:56 PM

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QUOTE(Edward12399 @ Mar 15 2021, 02:54 PM)
I used bigpay card. exchange rate better than CC.
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AXI doesn't accept prepaid card.
Pepperstone last I know still accepts.
Icehart
post Apr 26 2021, 05:16 PM

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QUOTE(cmk96 @ Apr 26 2021, 02:32 PM)
Nowadays some ppl just want us to join them.... they are not looking at other brokers.

We traded so many years.... no need bother with bonuses.

We know which broker that pays.
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QUOTE(waghyu @ Apr 26 2021, 03:02 PM)
Trading profits are more than enough, no need to chase deposit bonus. They just after those loosing money from trades non stop, new traders believing that they will benefit from bigger start-up capital with bonus, in actual fact, making more money from trades should be the main focus.
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How's your guys trading journey so far?
April has been really good for me. smile.gif

Looking forward to May.
Icehart
post May 11 2021, 07:54 PM

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QUOTE(ched6560 @ May 7 2021, 08:54 AM)
i use it right now.

but i still need to monitor & make decision whether want that EA go on or stop it when market too aggressive or that EA cannot act normally on certain situation.

On average can generate 2%-5% profit  per day.

As a trader, cannot depend 100% to EA. EA just a back up. Or for fun  biggrin.gif  biggrin.gif

Don't put big amount on EA account. Trade manual for our source of income in trading.
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Seems like using martingale strategy hmm.gif
Icehart
post May 16 2021, 11:40 PM

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QUOTE(4lenAngel @ May 12 2021, 10:09 AM)
wow hello peeps...didnt know this thread still exists smile.gif its been years since ive been here.
so mind to share what strategy u guys using to trade?
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Mine is not the best. I have 20% DD yielding 10% every month. Focusing on price action and trend.

QUOTE(kzy1227 @ May 14 2021, 02:56 PM)
hi guys, can i know where do you check out important forex news other than forex factory?
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I use dailyfx

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