LOL. Do you provide consultation for this? I am not sure where to look for 'these' people/consultants. Having someone of your background to shed some light on how to find them would be great.

I didn't know that Maybank Kim Eng is also subjected to BNM audit. If I have a chance and have not forgotten, I will try to update. As for now, My capital is not very huge, but it is growing. So, I am getting a little bit 'cautious' on every aspect. ...

Thank you for the reply skenobi. I read on The Edge's newspaper, I think last year regarding prime brokerage. Maybank said they offers prime brokerage services and the minimum deposit is about 10 million (can't remember if it was USD or MYR). They ...

Hi Malaysians, Due to a few factors, I am moving away from forex to trading foreign equities, indices, and commodities. I am going to open an account with Interactive Brokers to trade. After reading some of the above posts, regarding paying tax for ...

Have you been profitable doing demo trading? If yes, how long have you been profitable with your demo account? How about the consistency?

It's illegal, but many are still doing, including me. I have withdrawn many times without any issue.

May I have the link to your myfxbook. Would like to have a look.

I don't mean to discourage you. But your EA is not consistent. I don't deny the profitability of EAs, I have coded dozens and so far, there is only one EA which I find profitable, reliable and consistent. However, manual trading is better (than the ...

pthread, Can you try this EA on USDJPY and let us know.

Of course if one looks at the market from the fundamental perspective, market is definitely not random, the market is 100% predictive. If one know the underlying reasons of the price movements (buyers and seller, news, sentiment, etc.) he would be ...

Gobigfx, That is what I have been doing too, finding a way to exploit the randomness. I have found that turning the normal time-based charts into renko charts makes my analyses easier. I then tried everything, every single possible candle-by-candle ...

This is mainly because of the trading sessions. More traders are participating relative to the low volume part. Try looking at the Daily charts, you will not see this pattern. And volume does not necessarily tell you the direction of the price.

Why is the market random? 1. A long-term position trader is buying EURUSD, and a short-only hedge fund is shorting EURUSD. 2. Soros is predicting that EURUSD will appreciate, then he buys a few yards. Buffets feels that EURUSD will depreciate, he ...

Gobigfx, I think you are one of the guys here who are experienced enough to understand the market. Many traders failed to notice or understand that the market is mostly random by nature. I am not sure how many percentage of randomness the market is, ...

Thanks for the input. I have found that the Labuan "Private Mutual Fund" is actually a form of a hedge fund. Take a look. url

Your chart is very complicated. I always have difficulties in reading these kinds of charts. But the chart is looking good and sophisticated.

The Vortextrader Pro on myfxbook.com looks legitimate. Just my thought.

The average spread for AUDJPY is around 1-2 pips during normal market.

Just for some clarification. Is this how a stop hunting looks like?