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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #22,881
  • Feb 28, 2012 6:58pm Feb 28, 2012 6:58pm
tokwanden's interpretation is correct, AFAIK.

For peace of mind tho', methinks you better check with a local tax adviser if you're planning to pay for big ticket items using forex profits.

Kudos if you're making money.



Quoting fxirene
oh, thank for the info.
mean i can pay full payment on property/ car, so the gov body come to check is show the statement of forex revenue without any problem.
tq
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #22,882
  • Feb 29, 2012 5:02pm Feb 29, 2012 5:02pm
Favourably, I believe market in progress to complete a "bull trap" pattern of subcorrective wave b before a potential of bearish retracement trend scenario to perform subcorrective wave c/4 either in aqua or yellow. A pullback or false breakout from the aqua/yellow critical line would bolster to this scenario. Otherwise we may see another bulllish continuation trend scenario in white. Good luck.
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  • #22,883
  • Mar 7, 2012 6:29pm Mar 7, 2012 6:29pm
At the moment, I'm looking forward for another bearish continuation trend scenario either to complete wave 4 in aqua or yellow. Otherwise, we may see a potential of bearish reversal trend scenario (Head and Shoulder) refering to the alt count in white. Good luck.
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  • #22,884
  • Mar 8, 2012 5:11pm Mar 8, 2012 5:11pm
At the moment, I'm looking for an opportunity toward a bearish trend either refering to the alt counts in white or yellow (Bull Trap). A valid "Head and Shoulder" pattern would bolster to this scenario. Otherwise, please be careful for any strong breakout toward the bullish continuatio critical line 2. Happy weekends and good luck.
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  • #22,885
  • Mar 18, 2012 9:26pm Mar 18, 2012 9:26pm
Gbp vs Jpy (4H) - At the moment, a pullback from the bullish continuation critical line 1 and a breakout toward the lower red trendline would bolster to the alt counts either in yellow or aqua. Otherwise, we may see another extension of wave 5 in white.

Gbp vs Jpy (Weekly) - At the moment, I believe market in progress to perform a major bullish reversal trend scenario either refering to the alt counts in yellow or white. Therefore, I'm looking forward for a potential of a bearish retracement trend opportunity later to perform corrective wave B. Good lucks.
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  • #22,886
  • Mar 18, 2012 11:05pm Mar 18, 2012 11:05pm
IS there any trader can do analisys on AUDUSD. Im getting stuck On AU.. Now floatning -ve -76pips....
  • #22,887
  • Mar 19, 2012 2:42am Mar 19, 2012 2:42am
Quoting standgunz
IS there any trader can do analisys on AUDUSD. Im getting stuck On AU.. Now floatning -ve -76pips....
Short or long?

On the daily chart, AUDUSD is bouncing off 61.8 fibo retracement at 1.0411 (using 1.0145 low and 1.0843 high).

Cycling down to intraday, 1.0576 and then 1.0540 has to break first to resume downtrend. My longer term outlook is still down but in the meantime, I think the shorts will be taken out for some time.

If 1.0670 breaks convincingly on the upside (which I don't think it will), I will have to re-assess my longer term view.

Your risk.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #22,888
  • Mar 27, 2012 9:38pm Mar 27, 2012 9:38pm
At the moment, I'm looking forward for a potential of "Bull Trap" pattern and a bearish reversal trend scenario either refering to the alt counts in yellow or aqua. A breakout to the lower red trendline would bolster to this scenario. Otherwise, I believe we may see another bullish continuation trend scenario in white. Good luck.
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  • #22,889
  • Mar 28, 2012 8:57pm Mar 28, 2012 8:57pm
At the moment, I believe market in progress to perform a bearish retracement trend scenario either to complete wave 4 in white or a major corrective wave B (yellow or aqua). A further breakout to the lower red trendline and the bearish continuation critical line 1 would bolster to this scenario. Good luck.
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  • #22,890
  • Apr 1, 2012 8:09pm Apr 1, 2012 8:09pm
Favourably, I believe market in progress to complete a "bull trap" pattern eithr refering to the alt counts in yellow or aqua. A pullback from aqua/yellow critical line or a false breakout would bolster to this scenario. Therefore, I'm looking for an opportunity toward a bearish retracement trend scenario to complete corrective wave c. Otherwise, please be careful for another extension of subwave v/5 in white. Good luck.
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  • #22,891
  • Apr 12, 2012 12:41am Apr 12, 2012 12:41am
At the moment, I'm expecting another bearish continuaiton trend scenario either to complete wave 4 in white or corrective wave c either in yellow or aqua. Otherwise, please be careful toward any potential of strong breakout to the upper green trendline. Good luck.
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  • #22,892
  • Apr 19, 2012 8:00am Apr 19, 2012 8:00am
Favourably, I'm looking toward a potential of bearish reversal trend scenario in yellow. A valid "Head and Shoulder" pattern and a pullback from the Fib Ret 61.8% would bolster to this scenario. Otherwise, I believe we may see another bullish rally either refering to the alt counts in aqua or white. Good luck.
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  • #22,893
  • Apr 23, 2012 10:04pm Apr 23, 2012 10:04pm
Hello,
Nice to see fellow Malaysians in FF, lots of otai/guru as welllll. Newbie here, been using demo for few months, recently open a mini account just to get the feel with real money. Hopefully can learn alot from all of you here.
Thanks
  • #22,894
  • Apr 26, 2012 11:43pm Apr 26, 2012 11:43pm
anyone trading gbp/jpy? h1 chart just now, what happen? it went turbo all the way up.
  • #22,895
  • May 3, 2012 10:43am May 3, 2012 10:43am
Hi I am newbie and I am worried is it legal to trade FX in malaysia . Can anyone advise me ??
  • #22,896
  • May 4, 2012 12:28am May 4, 2012 12:28am
quote=sudosandwich;5602390]Hello,
Nice to see fellow Malaysians in FF, lots of otai/guru as welllll. Newbie here, been using demo for few months, recently open a mini account just to get the feel with real money. Hopefully can learn alot from all of you here.
Thanks [/quote]

Quoting rocksolid
Hi I am newbie and I am worried is it legal to trade FX in malaysia . Can anyone advise me ??
Welcome..selamat datang...

to rocksolid - its like offshore acc...so dont worry...
  • #22,897
  • May 4, 2012 2:10am May 4, 2012 2:10am
In chronological order, from start to finish, read the following thread:

http://www.forexfactory.com/showthread.php?t=214133

Be sure to read the whole thing first before asking your own questions, because chances are ALL your questions will be answered already.

Quoting rocksolid
Hi I am newbie and I am worried is it legal to trade FX in malaysia . Can anyone advise me ??
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #22,898
  • May 4, 2012 2:31am May 4, 2012 2:31am
Quoting rocksolid
Hi I am newbie and I am worried is it legal to trade FX in malaysia . Can anyone advise me ??
selamat datang bro, wish you all the green pips
  • #22,899
  • May 4, 2012 2:41am May 4, 2012 2:41am
Hi Guys thk u all for your advise
  • #22,900
  • May 6, 2012 10:27am May 6, 2012 10:27am
Quoting rocksolid
Hi I am newbie and I am worried is it legal to trade FX in malaysia . Can anyone advise me ??
Yes, it's legal to trade forex in m'sia.
I'm currently doing it.

It's legal in M'sia as long as you dont use Malaysia Ringgit to trade against other foreign currencies.

But here in M'sia there's no legal retial brokers, so you wanna trade forex open an account with brokers from overseas.
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