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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #23,881
  • May 12, 2014 11:57am May 12, 2014 11:57am
Quoting Perumal66
Hi, I'm malaysian too, UJ is confirming uptrend or not?
Right now (102.10), UJ will go down for short term from now
  • #23,882
  • May 12, 2014 12:06pm May 12, 2014 12:06pm
skg musim panas kat negara barat... so org akan pergi vacation? bile derang bercurti... apa matawang depa bawak untuk universal exchange? USD.... historically USD akan strenght bila summer menjelma
Equities open and promptly sell off
  • #23,883
  • May 12, 2014 12:16pm May 12, 2014 12:16pm
Quoting nafham
{quote} Right now (102.10), UJ will go down for short term from now
my opinion, UJ will on uptrend until around 102.40 than bounce down.
  • #23,884
  • Edited 9:58pm May 12, 2014 9:33pm | Edited 9:58pm
[quote=pcalrose;7463645]
Quoting zhexiang
{quote} It's legal to trade forex in Malaysia, but it's illegal to trade Ringgit Malaysia (MYR).[/quote All forex trading is illegal in Malaysia. Even seminars promoting forex trading are not allowed. Only approved institutions, meaning banks and licenced money changers, are allowed to trade forex. You cannot trade IN the country but apparently they cannot do anything as you are doing it online with brokers overseas.
This company has been giving training seminar for years. Don't think it's illegal dude. :-)

http://speedwealthbiz.com/en/
  • #23,885
  • May 12, 2014 9:49pm May 12, 2014 9:49pm
[quote=lithium1;7464260]
Quoting pcalrose
{quote} This company have been giving training seminar for years. Don't think it's illegal dude. :-) http://speedwealthbiz.com/en/
agree..even myself also attending few forex seminar and is held in Hotel with many participant as well. So, i really don't get/understand what is the meaning "illegal" in Malaysia.
  • #23,886
  • May 13, 2014 8:40am May 13, 2014 8:40am
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  • #23,887
  • May 14, 2014 6:07am May 14, 2014 6:07am
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  • #23,888
  • May 14, 2014 9:01pm May 14, 2014 9:01pm
I entered long for GBP/JPY. I believe the BoJ speech would at best retain the rates.

Any meet ups for forex traders in Malaysia?
  • #23,889
  • May 15, 2014 6:13am May 15, 2014 6:13am
looking forward to short this pair.. now contemplating the right level to take action..
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  • #23,890
  • May 15, 2014 7:02pm May 15, 2014 7:02pm
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  • #23,891
  • May 16, 2014 12:36pm May 16, 2014 12:36pm
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  • #23,892
  • May 17, 2014 12:37am May 17, 2014 12:37am
bump ..... missed this page so much
at last i`ve found a holygrail........
  • #23,893
  • May 19, 2014 7:07am May 19, 2014 7:07am
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  • #23,894
  • May 19, 2014 11:13am May 19, 2014 11:13am
Quoting izzas
{image}
Izzas can u explain about the chart u attach?
  • #23,895
  • May 19, 2014 6:46pm May 19, 2014 6:46pm
Quoting dindang2win
{quote} Izzas can u explain about the chart u attach?
close the trade with small profit, its going nowhere at the moment.

as of your question , i'm a technical trader, so as u can see from the chart stochastic was at the overbought level when i enter that trade and MCD also bearish and CCI was pointing at 150 level which in the need for retracement..so for me its a valid signal to sell.
  • #23,896
  • May 19, 2014 6:47pm May 19, 2014 6:47pm
enter a trade on this pair
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  • #23,897
  • May 19, 2014 6:49pm May 19, 2014 6:49pm
also contemplating the right level to sell this pair....
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  • #23,898
  • Edited 8:45pm May 19, 2014 8:18pm | Edited 8:45pm
Quoting pcalrose
All forex trading is illegal in Malaysia. Even seminars promoting forex trading are not allowed. Only approved institutions, meaning banks and licenced money changers, are allowed to trade forex. You cannot trade IN the country but apparently they cannot do anything as you are doing it online with brokers overseas.
Read the following thread from start to finish in chronological order (it's only 19 pages) : Malaysia central bank states Forex is illegal

Pay close attention to my replies in that thread, and then only you can form an opinion. Would appreciate if you would not spread inaccurate information to fellow Malaysians.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #23,899
  • May 19, 2014 9:51pm May 19, 2014 9:51pm
Quoting izzas
enter a trade on this pair {image}
thanks for ur explaination. Gu also have no where to go right? As well as gold no major movement
  • #23,900
  • May 20, 2014 7:55pm May 20, 2014 7:55pm
Quoting skenobi
{quote} Read the following thread from start to finish in chronological order (it's only 19 pages) : Malaysia central bank states Forex is illegal Pay close attention to my replies in that thread, and then only you can form an opinion. Would appreciate if you would not spread inaccurate information to fellow Malaysians.
Agreed!
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