Forex Cryptocurrency General Chit Chat Thread 2019

[edwardZ]

k tonight No Stop Loss & No Sleep!

May your Heart and the Light and various gods goddess bless your pips!

 

[Trader11]

Market wants 0.5% cut.... Abit siao lah.... Fed unlikely to do that

 

[Mr.Canberra]

EUR/USD

I expect EUR/USD to spike to 1.118-20 during FOMC interest rate decision.

Currently trading close to intraday low at 1.1132.

 

[edwardZ]

done and dusted, next up NFP! reversal mode time?

 

[Trader11]

done and dusted, next up NFP! reversal mode time?

Long and short squeeze

 

[SuLiFen]

done and dusted, next up NFP! reversal mode time?

Building long position after 7pm

 

[Trader11]

Building long position after 7pm

Looks like blur investor is a reverse indicator

 

[Mr.Canberra]

What did I say? Uncle Trump just tweeted. US will implement another 10% tariffs on China from 1st Sep.

Also those vested in Hong Kong have you press the eject button yet? Red walkers from the north are coming.

 

[Mr. Wood]

What did I say? Uncle Trump just tweeted. US will implement another 10% tariffs on China from 1st Sep.

Also those vested in Hong Kong have you press the eject button yet? Red walkers from the north are coming.

how much more can winnie devalue rmb?

 

[DukeCS33]

What did I say? Uncle Trump just tweeted. US will implement another 10% tariffs on China from 1st Sep.

Also those vested in Hong Kong have you press the eject button yet? Red walkers from the north are coming.

HK is having political problems compounding current issues. Its going to be tough and Singapore may well benefit from the ensuing mayhem there.

So much talk from MAS about telling banks not to target HK monies... but seriously, the Banks need not be doing that... if the political problem does not get addressed, it may eventually lead to funds outflow and Singapore is a natural destination.

 

[DukeCS33]

how much more can winnie devalue rmb?

It depends... if they can engineer one without shattering its citizens' confidence in the RMB, they may well do so. I think China is prepared for this and has already be clamping down on all the outflow channels.

I think we are just going to see another round of competitive currency devaluation across the board for many countries. This would not be explicit until such time the US treasury starts naming currency manipulators. Globalisation is going to be dead gong by how the US has been slapping tariffs across anyone who has a surplus against them... this may well continue until production eventually moves back home.

 

[Mr. Wood]

HK is having political problems compounding current issues. Its going to be tough and Singapore may well benefit from the ensuing mayhem there.

So much talk from MAS about telling banks not to target HK monies... but seriously, the Banks need not be doing that... if the political problem does not get addressed, it may eventually lead to funds outflow and Singapore is a natural destination.

one word frm winnie and humji lee will becum more humji.
I see swiss to be more neutral

 

[edwardZ]

this week emo abit because i miss out on great shorts as my scam pairs didnt retrace for re-shorts

June July were distribution mode for many pairs like AJ EJ GJ NJ AU EU GU NU...looking at the dumps, maybe August might be accumulation mode for short-term reversal, do keep in mind that the current sentiments on these pairs are still majority Longs so more dumps are expected

and for the first time, i have NO CLUE! for a direction bias for NFP after this week's movements

 

[Mr.Canberra]

US and Asia markets all bloodbath. I received margin calls two trading days in a row!

how much more can winnie devalue rmb?

I don't think RMB will be devalued too drastically unless really critical such as full scale war.

My CNY holdings currently down -0.96% excluding past gains. Returns of about 4% p.a. will defray a bit of forex losses.

Total Return
(-S$1,491.50) -0.96%

HK is having political problems compounding current issues. Its going to be tough and Singapore may well benefit from the ensuing mayhem there.

Hot money flow will cause asset bubbles and inflation.

 

[Hahahaman]

Eu/USd follow the trendline?

 

[DukeCS33]

Hot money flow will cause asset bubbles and inflation.

All these monies will find its way into the property market.
The Singapore government may well impose another round of cooling measures.

 

[Trader11]

this week emo abit because i miss out on great shorts as my scam pairs didnt retrace for re-shorts

June July were distribution mode for many pairs like AJ EJ GJ NJ AU EU GU NU...looking at the dumps, maybe August might be accumulation mode for short-term reversal, do keep in mind that the current sentiments on these pairs are still majority Longs so more dumps are expected

and for the first time, i have NO CLUE! for a direction bias for NFP after this week's movements

It's fine. At least no losses.....

 

[edwardZ]

Big Long Week for Aussie and Kiwi ahead

looking forward to short-term reversal mode for xxx/USD xxx/JPY pairs...UJ Uchf Ucad likely to retrace higher for reshorts earlier

had Ucad shorts on friday after waiting whole bloody day for a trade but worth the wait

as usual, my views are non-scalp-non-countertrend perspective

 

[wxyx33]

Big Long Week for Aussie and Kiwi ahead

looking forward to short-term reversal mode for xxx/USD xxx/JPY pairs...UJ Uchf Ucad likely to retrace higher for reshorts earlier

had Ucad shorts on friday after waiting whole bloody day for a trade but worth the wait

as usual, my views are non-scalp-non-countertrend perspective

Same thoughts about going long on xxx/USD

Waiting for gold to retrace back to 1432 region before going long. The volatility of gold is crazy

 

[Trader11]

Looks like Tiong going to play Currency war with Trump