Forex Cryptocurrency General Chit Chat Thread 2019

[Mr. Wood]

Good reminder!

Trader11 aka ExtremeWays aka Daimon
SuLiFen aka blurinvestor

These jokers change clones like changing underwear!

but at least he bothered to be imaginative come up with different names.

on the other hand the sexpert......

 

[Trader11]

Congratulations Trader11 aka ExtremeWays! I have confirm SuLiFen is not your clone. I purposely set this trap for SuLiFen. My apologies.

SuLiFen aka blurinvestor.

A newly registered user from Jul 2019 can actually know who act blur hao lian trader is and assume it is blurinvestor. Obviously is a clone whether he is blurinvestor or not even if he denies it. ALL TAKE NOTE!

Blurinvestor is Keverus

 

[Mr.Canberra]

ECB

No rate cut.

EUR/USD short squeezed again.

Then plunged! Huat ahh!

 

[Trader11]

No rate cut.

EUR/USD short squeezed again.

Then plunged! Huat ahh!

Short Euro horyisi

 

[Mr.Canberra]

ECB

The ECB has all along being telling the whole world please continue to use our toilet paper because our EUR recycling plant is nuclear powered and runs 24/7. You long, you lose.

 

[iantao99]

No rate cut.

EUR/USD short squeezed again.

Then plunged! Huat ahh!

Sweat...

I long on Eur/USD leh.
Why rate never cut but Eur continue to weaken... totally confused.... stress...

Now thinking whether to average down on my long position...........

 

[Trader11]

Lol market ki siao....

 

[Mr.Canberra]

EUR/USD

Sweat...

I long on Eur/USD leh.
Why rate never cut but Eur continue to weaken... totally confused.... stress...

Now thinking whether to average down on my long position...........

Now prata again. V shape recovery! Your long is in the money!

EUR/USD is top 3 biggest scammer.

 

[Trader11]

Now prata again. V shape recovery! Your long is in the money!

EUR/USD is top 3 biggest scammer.

Rigged market.....imagine the amount of stop loss triggered

 

[iantao99]

Now prata again. V shape recovery! Your long is in the money!

EUR/USD is top 3 biggest scammer.

Heng ah! hope the upside can sustained.

Rigged market.....imagine the amount of stop loss triggered

Can't imagine the amount of money required to hold down market for 45 mins after announcement....

 

[SuLiFen]

Didn't realize that there are more detective here than trader.

Buy EURUSD till 31 July in line with expectation of US rate hike.

 

[iantao99]

Didn't realize that there are more detective here than trader.

Buy EURUSD till 31 July in line with expectation of US rate hike.

u referring to rate cut?

if rate hike, i again will siao liao...

 

[SuLiFen]

u referring to rate cut?

if rate hike, i again will siao liao...

Sorry should be US rate cut announcement end of month.

 

[edwardZ]

quite long never see such movement liao refreshing

heng i disciplined, i humji noob trader i stayed out!

will EU EJ start to make a move up? considering that next week is possible fed rate cut hmmmmmmmmmmm

 

[Trader11]

quite long never see such movement liao refreshing

heng i disciplined, i humji noob trader i stayed out!

will EU EJ start to make a move up? considering that next week is possible fed rate cut hmmmmmmmmmmm

Yesterday is actually for profit taking rather than adding new positions. The odds are damn bad for trading new positions yesterday because of the low liquidity

 

[Mr. Wood]

Thanks. How about some good books for forex?

not exactly on forex but the principles is almost same.
master the market by tom Williams

or u can google more on Wyckoff or price action analysis

 

[Mr.Canberra]

EUR/USD

Heng ah! hope the upside can sustained.

Can't imagine the amount of money required to hold down market for 45 mins after announcement....

Not likely. Now the market is indecisive. As mentioned before 1.11 - 1.118 range is expected.

EUR/USD
25/07/19: Open 1.1142 / Close 1.1145
25/07/19: High 1.1187 / Low 1.1102

As you can see yesterday's range is about 80 pips. But during ECB interest rate decision event it prata up and down many times taking out all the stop loss orders for both long and short positions. Bang balls x 10! Open at 1.1142 and close at 1.1145. 3 pips difference if you stuck your ground with NO STOP LOSS.

Your margin need to be ample during high impact event/data release. If you are not using local brokers your account can explode during spikes. Foreign based brokers regulated by MAS do not offer you T+2 margin top up deadline unlike local brokers. For local based brokers you still have ample time to go to pawn shop and pawn your Ah Ma's gold jewelleries if you are sibei broke.

not exactly on forex but the principles is almost same.
master the market by tom Williams

or u can google more on Wyckoff or price action analysis

Wow you want to give advice to act blur hao lian trader!?

Don't feed the troll.

 

[edwardZ]

i just saw the upcoming news for next week...one word, Madness-incoming other than the usual Red flag news (but next week we have MORE than usual red flags), there is wed US ADP then fomc rates news on thurs morning followed by GBP rates news then fri NFP...following week heavy on AUD NZD rates news

wait for Mr Woody to give news summary

 

[strangerjun]

Not likely. Now the market is indecisive. As mentioned before 1.11 - 1.118 range is expected.

EUR/USD
25/07/19: Open 1.1142 / Close 1.1145
25/07/19: High 1.1187 / Low 1.1102

As you can see yesterday's range is about 80 pips. But during ECB interest rate decision event it prata up and down many times taking out all the stop loss orders for both long and short positions. Bang balls x 10! Open at 1.1142 and close at 1.1145. 3 pips difference if you stuck your ground with NO STOP LOSS.

Your margin need to be ample during high impact event/data release. If you are not using local brokers your account can explode during spikes. Foreign based brokers regulated by MAS do not offer you T+2 margin top up deadline unlike local brokers. For local based brokers you still have ample time to go to pawn shop and pawn your Ah Ma's gold jewelleries if you are sibei broke.



Wow you want to give advice to act blur hao lian trader!?

Don't feed the troll.

How big is your position sizing relative to your account if u use no stop loss method? Currently I using no stop loss method too. Account balance increase but so is the losses.. But still got swap

 

[Mr. Wood]

Tue Jul 30
JPY BOJ Outlook Report and Monetary Policy Statement
10:00pm USD ** Consumer Confidence **

Wed Jul 31
9:00am CNY Manufacturing PMI
NZD ANZ Business Confidence
9:30am AUD CPI q/q
AUD Trimmed Mean CPI q/q
8:15pm USD ADP Non-Farm Employment Change
8:30pm CAD GDP m/m

Thu Aug 1
2:00am USD FOMC Statement
USD Federal Funds Rate
2:30am USD FOMC Press Conference
9:45am CNY Caixin Manufacturing PMI
7:00pm GBP BOE Inflation Report
MPC Official Bank Rate Votes
Monetary Policy Summary
Official Bank Rate
7:30pm GBP BOE Gov Carney Speaks
10:00pm USD ISM Manufacturing PMI

Fri Aug 2
9:30am AUD Retail Sales m/m
8:30pm CAD Trade Balance
USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate


**Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity