Forex Cryptocurrency General Chit Chat Thread 2019

[singqian]

xfers is bottleneck. fxxk them.

30k annually? after use binance sg, then use binance global to do p2p lo... you still able to trade with outsider...

binance sg for you to deposit 30k sgd annually.. but withdraw I think is unlimited

binance global p2p trade no service free, can trade in sgd amd other currencies

 

[scudettoz7]

xfers is bottleneck. fxxk them

i opened an acct with xfers like 2 mths ago and my account has been "Pending verfication" ever since. is that what you facing too?

 

[Mr. Wood]

i opened an acct with xfers like 2 mths ago and since then my account has been "Pending verfication" ever since. is that what you facing too?

yah man. me abt 1 mth ago. dunno why "tech" company still nid so long.
dunno dey do wht fxxk verification. still use human check all paperwork and go to CID/CIA/FBI do backgrd checks iszit?

 

[singqian]

i opened an acct with xfers like 2 mths ago and since then my account has been "Pending verfication" ever since. is that what you facing too?

xfer? no issue, very fast.. within 2 to 3 working days only, then need to wait 24 hours to start first transaction with Binance sg

 

[scudettoz7]

yah man. me abt 1 mth ago. dunno why "tech" company still nid so long.
dunno dey do wht fxxk verification. still use human check all paperwork and go to CID/CIA/FBI do backgrd checks iszit?

mine just got verified today. Guess really need to poke them hard then they do sh*t

 

[Mr. Wood]

Mon Apr 26			New Zealand - ANZAC Day Holiday
	8:30pm	USD	Core Durable Goods Orders m/m
Tue Apr 27	11:00am	JPY	BOJ Outlook Report
	10:00pm	USD	** Consumer Confidence
Wed Apr 28	9:30am	AUD	CPI q/q
		AUD	Trimmed Mean CPI q/q
	8:30pm	CAD	Core Retail Sales m/m
	10:30pm	USD	Crude Oil Inventories
	Tentative	All	OPEC-JMMC Meetings
Thu Apr 29			Japan - Showa Day Holiday
	2:00am	USD	FOMC Statement
	2:30am	USD	FOMC Press Conference
	8:30pm	USD	Advance GDP q/q Initial Jobless Claims
Fri Apr 30	9:00am	CNY	Manufacturing PMI
	5:00pm	EUR	CPI y/y

 

[YouHeypiCanLiao]

Bought a bit BTC yday, hope to DCA and reach around 5% of my portfolio.

 

[Mr. Wood]

divergence and going to oversold region.

 

[win_man]

Got my first set of Doge at $0.20

 

[lanzhu60]

how do u guys trade crypto

 

[Mr. Wood]

how do u guys trade crypto

gave up on xfers.
juz tried to open gemini accnt. haven start trading yet. so not sure if is good anot. heard is can buy/sell like a normal shares trading.

 

[Mr. Wood]

Mon May 3			United Kingdom - Bank Holiday Japan Holiday - Constitution Day
Tue May 4	2:20am	USD	Fed Chair Powell Speaks about community development at an online conference hosted by the National Community Reinvestment Coalition.
	9:45am	CNY	Caixin Manufacturing PMI (Apr)
	12:30pm	AUD	RBA Rate Statement
Wed May 5			Japan Holiday - Children's Day
	6:45am	NZD	Employment Change q/q
		NZD	Unemployment Rate
	7:00am	NZD	RBNZ Gov Orr to hold an online press conference about the Financial Stability Report
	9:10am	NZD	RBNZ Gov Orr Speaks to testify on the Financial Stability Report before Parliament's Finance and Expenditure Committee, in Wellington
Thu May 6	6:30am	CAD	BOC Gov Macklem to testify before the Standing Senate Committee on Banking, Trade and Commerce
	7:00pm	GBP	Asset Purchase Facility
		GBP	BOE Monetary Policy Report
		GBP	MPC Asset Purchase Facility Votes
		GBP	Monetary Policy Summary
Fri May 7	8:30pm	CAD	Employment Change
		CAD	Unemployment Rate
		USD	Average Hourly Earnings m/m
		USD	Non-Farm Employment Change
		USD	Unemployment Rate

 

[Mr. Wood]

Week Ahead: Central bank recap/preview, the recovery, and jobs
May 1, 2021

Upcoming Central Bank Meetings

This week, we’ll get to see which pages the Reserve Bank of Australia and Bank of England are on in the book. The RBA has previously signaled they with the Fed and the ECB. As a matter of fact, after the last RBA meeting, the central bank started its second A$100 billion bond purchase program. Don’t expect much of a change from the RBA this week, however they may address the rise in the Aussie as commodity prices rise around the world. The BOE is another story. The UK is open for business! Retail sales for March were 5.4% vs an expectation of 1.5% and both the manufacturing and services PMIs were 60+, at best levels since the start of the pandemic. Vaccinations are continuing, with nearly two-thirds of the populations receiving at least 1 shot. There is talk that the BOE may mention the forbidden word in the US – TAPERING! (I’m old enough to remember when there was talk the UK would bring rates negative?) The BOE has a targeted 875 billion-Pound bond purchase program, which it was supposed to reach at the end of 2021. However, if they don’t slow the current pace, or taper, they will hit that limit sooner than expected. Of course, they can always expand the amount, as they have done twice before.

 

[Mr. Wood]

BOE Preview: Are we nearing the end of story?
May 4, 2021 3:19 AM

The Expectations

Will the BOE be less dovish or will they indicate that they are not even talking about tapering, as with the Fed and ECB. Some economists are expecting the BOE to do nothing and kick the can to the June meeting. However, many believe that the MPC will announce that they will begin tapering soon, so as not to have to extend the 875 billion Pound target further! An increase in strong economic data and an increase in tapering would most likely result in an increase in the value of the Pound.

 

[Mr. Wood]

Technical view: Nasdaq stumbles, hinting at a potential near-term top
May 5, 2021

From a technical perspective, the Nasdaq 100 spent the last two weeks consolidating right at the previous highs as traders fought over whether the long-term uptrend could extend further. Today’s big bearish move has provided at least a short-term answer: No.

looks double top.
frm TA perspective, looks like it hit an immediate support.
but there is no bullish reversal yet. waiting for confirmation.

 

[GreenCurry]

Got my first set of Doge at $0.20

0.6929 now.

 

[Mr. Wood]

Mon May 10	9:30am	AUD	Retail Sales m/m
Tue May 11	10:30pm	GBP	BOE Gov Bailey Speaks in a panel discussion about Secured Overnight Financing Rate, term rates, and loan market developments at a webinar hosted by the Alternative Reference Rates Committee
Wed May 12	5:00pm	GBP	BOE Gov Bailey Speaks at an online event hosted by the International Swaps and Derivatives Association
	8:30pm	USD	CPI m/m
		USD	Core CPI m/m
	10:30pm	USD	Crude Oil Inventories
Thu May 13			Switzerland Holiday - Ascension Day
	8:30pm	USD	Initial Jobless Claims
	11:00pm	CAD	BOC Gov Macklem due to speak at an online event hosted by the Bank of Canada
Fri May 14	8:30pm	USD	Core Retail Sales m/m
		USD	Retail Sales m/m

 

[scudettoz7]

been wanting to dip my toes into buying, not sure which pairing or which platform is the best without incurring too much comms. looking at ETH and DOGE. i have binance and binance.sg. anyone has experience on this?

 

[Mr. Wood]

been wanting to dip my toes into buying, not sure which pairing or which platform is the best without incurring too much comms. looking at ETH and DOGE. i have binance and binance.sg. anyone has experience on this?

i oso heard binance is cheapest. haven use it. i juz tried gemini becoz gave up waiting for xfers accnt.
oso looking at eth, but not doge. fees goes from 15% (for v small amts) to 4% ( small amts) to 1.5% (larger amt)

 

[scudettoz7]

I had Gemini already. Heard from friend that trading on Gemini cost $40+ for buy and sell.