MALAYSIAN ASTROLOGICAL SOCIETY

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 What is Forex Market?
How Forex Works?
Major Currencies
History of Ringgit Malaysia
Crisis of Ringgit Malaysia
How Trader Predict Forex – Fundamental
How Trader Predict Forex – Technical
Introducing Astro Trading
Joni Patry Predictions’ Rules
Based on Incorporation of Bank Negara Malaysia
Based on Planetary Transits
Forex Market & Phases of Moon & Eclipses
Analysis on Rahu Ketu Cycles

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 Global market that allows the exchange of one
currency for another.
Foreign exchange market, which is usually known as
“forex” or “FX,” is the largest financial market in the
world.
Forex trading is about $5 TRILLION a day trade volume.
The forex market is open 24 hours a day and 5 days a
week, only closing down during the weekend.
The day starts when traders wake up in Sydney
(05:00am MY time) then moves to Tokyo, London,
Frankfurt and finally, New York, before trading starts all
over again in Sydney!

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 Exchange rate shows how much the local currency worth in foreign currency.
What we trade in Forex? - Money
In general, the exchange rate of a currency versus other currencies is a reflection
of the condition of that country’s economy, compared to other countries’
economies.
Forex Traders determines the price
Currency traders are done in pairs
Everyone doing Forex trading.
Type of Trades:
Forex Swap – Largest component of Currency Traders i.e. Central Bank. 48%.
Spot Trading – Most familiar trading. 33%. Buy price higher than selling price. The difference called
“Spread”. Transaction Cost to the Trader. Profit for the Market Maker.
Forwards – Mainly Businesses purchase with furture rate. 14%.
Options – Right to buy foreign currency at an agreed date and price but no obligation.
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 CABLE
LOONIE
FIBER

YEN

AUSSIE

BUCK SWISSY
KIWI
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 Before Ringgit, Malaysia had adopted Spanish dollar.
1837 – It was replaced with Indian Rupee
1903 – Malaysia changed its currency to Straits Dollar which was pegged at 2
shillings to British pound. Called Dollar Malaya.
1967 – Bank Negara introduced Ringgit called Malaysian Dollar
Initially it was pegged at 8.57 dollars per British Pound.
1968 – Official $1000 denominations were introduced and it was first bank notes
feature image of Tunku Abdul Rahman (Yang di-Pertuan Agong). Signed by First
Governor of BNM, Tun Ismail Mohmed Ali.
Malaysia, Singapore and Brunei were bind together and currencies were
exchangeable at par.
1973 – Malaysia withdrew from currency union.
1975 – Malay names “Ringgit” and “Sen” were officially adopted.
1993 – RM was introduced to replace the dollar sign ($). The symbol is RM and
currency code is MYR
1996 – Introduced additional hologram strip to the larger denomination RM50 and
RM100 notes

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 1995 – 1997: Free float currency at USD 2.50
1997 – Asian Financial Crisis 1997
End 1997 – Ringgit was at USD 3.80. The value
fluctuated from USD 3.80 to USD 4.40
1998 – September 2, Ringgit has been pegged to
the USD at USD 1 = RM3.8010.
1999 – RM500 and RM1000 notes were ceased to
be legal tender.
2015 – 1MDB Scandal started 2011

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 Forex earnings < Forex
expenditures.
Country has a large international
Balance of Forex demand exceeds
1 balance of payments deficit or
Payments suppy.
trade deficit
Forex rate rises.
Currency depreciates.
Interest rate increase.
Capital inflow. Increase
Cost and profit of borrowing demand for domestic
2 Interest Rate
capital currency. Currency
appreciate. Forex
depreciate
Inflation rises caused
purchase power of
3 Inflation Purchase power of money. money declines.
Currency depreciates.
Forex appreciates
Expansionary fiscal and
monetary policies
caused devalue
Fiscal & currency. Tightening
Refers to Fiscal revenue and
4 Monetary fiscal and monetary
Expenditure deficit
Policy policies reduce fiscal
expenditures caused
increase value of
currency
Large buy caused
Venture currency to rise.
5 Speculators expect of currency
Capital Large sell caused
currency to depreciate.
Buying or selling local or
foreign currencies in
Government Government intervention when large quantities Forex
6
Intervention exhange rate fluctuations supply and demand has
caused the exchange
rate to change.
High economic growth
Economic rates caused currecy
7 Based on GDP
strength appreciation in long
run.
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 Double Top Head & Shoulders Rising Wedge

Double Bottom Inverse Head & Shoulder Falling Wedge

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 Based on Market Measurement
– Price Weighted Average
– Market Capitalization Weighted Average
– Geometric Average
Dow Theory –
Based on Sentiment
Pattern and Cycles
Based Trends
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 Double Top Head & Shoulders Rising Wedge

Double Bottom Inverse Head & Shoulder Falling Wedge

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 MALAYSIAN ASTROLOGICAL SOCIETY

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