Forex Cryptocurrency General Chit Chat Thread 2019

[Mr.Canberra]

Wow finally USD direction prata liao. Waited for 1 year plus already. Hopefully it stays that way.

 

[edwardZ]

my positions all abit the slow today

in drawdown on my AU shorts, went in abit too early...hoping it dumps on london time and i will close off all my positions...dont feel like going into the weekend with the TMD20 ongoing and potential crazy tweets over weekend between the eagle and dragon on the trade deal

 

[assiak71]

Have a non fx trading related qn.
Whats a good low enough rate for usd/sgd to buy usd?
Thanks

 

[Mr. Wood]

Mon Jul 1
10:00pm USD ISM Manufacturing PMI

Tue Jul 2
12:30pm AUD Cash Rate
AUD RBA Rate Statement

Wed Jul 3
5:30am AUD RBA Gov Lowe Speaks
9:30am AUD Building Approvals m/m
8:30pm CAD Trade Balance
10:00pm USD ISM Non-Manufacturing PMI

Thu Jul 4
9:30am AUD Retail Sales m/m

Fri Jul 5
8:30pm CAD Employment Change
CAD Unemployment Rate
USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate

 

[edwardZ]

after trade truce, yen weakens greatly while beneficiaries like AUD expected to head up but MMs just decide to wack them down after mini fake pump

btc dying as well, hopefully those in it managed to cash out their capital at least and wait for the next run again

 

[Trader11]

after trade truce, yen weakens greatly while beneficiaries like AUD expected to head up but MMs just decide to wack them down after mini fake pump

btc dying as well, hopefully those in it managed to cash out their capital at least and wait for the next run again

Yea this week aussie might be weak

 

[edwardZ]

Yea this week aussie might be weak

yea i'm longer term bearish on aussie still

but today aussie dumps before rates news tomorrow, not sure if uncle lowe will throw surprise to pump up AUD or not ...feels like MMs trapping traders now

 

[Travonne]

Anyone want to buy my Bitcoins at 10% discount?

Just realized I got some in coinbase.

Selling away cuz...well, just don't want them.

10% discount off market value.

Any takers?

0.27BTC only

 

[Trader11]

yea i'm longer term bearish on aussie still

but today aussie dumps before rates news tomorrow, not sure if uncle lowe will throw surprise to pump up AUD or not ...feels like MMs trapping traders now

Again like Kiwis last week....

Cheap interest rate attract more foreign flows?

 

[edwardZ]

Again like Kiwis last week....

Cheap interest rate attract more foreign flows?

yea man, dumps abit but decides to pump up although rates cut
only conclusion is that MMs have not profited enough from the pre-rates cut dump move (or maybe the dump move was the expected fall for rates cut, just that it happened pre-rates cut)

 

[Trader11]

Short Euro horyisi... Thanks Ms Largarde

 

[edwardZ]

Short Euro horyisi... Thanks Ms Largarde

EU stuck in limbo, open longs and shorts about the same...no direction until tomorrow's NFP liao

 

[Mr. Wood]

Happy birthday uncle sam
make usd great again!

 

[Trader11]

EU stuck in limbo, open longs and shorts about the same...no direction until tomorrow's NFP liao

Euro already short horyisi

 

[Trader11]

Loonies may be strong when going into the month.....

 

[edwardZ]

Euro already short horyisi

congratz!

NFP good data...i was in AU shorts but it was slow, NU GU EU all better shorts to take heh

xxx/jpy pairs are strong targets to short and i snag in AJ shorts

 

[Trader11]

CAD may chiong this week!!!!!!!

 

[Mr.Canberra]

EUR/USD

EUR/USD short hor yi si still in play! I have been saying this for the past 2 years. The carry trade incentive is too attractive to pass up. Just look at the price action movement with downside more then the upside. Auntie Langar will take over ECB soon and continue with more aggressive easing by all means necessary (from ECB's mouth)!

With dovish Auntie Langar in charge at least for the next few years we can expect EUR to continue to be used as Budget Value Pack toilet paper.

EUR/USD should drop below 1.12 once New York session starts. Next target for bears 1.119/8. It will climb and spike to 1.125-6 levels going towards FOMC Minutes release on 10/07/2019 2pm EST. Market makers will win again from all the stop loss order triggers.

PS: Keep up with the good work guys. More friendly discussions than those ownself talk, ownself song posts from act blur hao lian trader.

 

[Mr.Canberra]

EUR/USD

Just touched 1.12. Falling below that is inevitable.

 

[Trader11]

Just touched 1.12. Falling below that is inevitable.

Yes short EUR hor yi si.... Thanks Auntie Largarde