Forex Cryptocurrency General Chit Chat Thread 2019

Hahahaman

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I would like to remind all Jiuhu kias, Ah Tiongs and 南洋大学 graduates here that Singapore is a multicultural society. Yes Hahahaman and SuLiFen I am refering to both of you!

Not everyone can understand Chinese. KNN you might as well type Hindi or Tagalog to show your multilingual abilities. :s8:

This is an ENGLISH forum so please cut the 讲华语 crap! :vijayadmin:

OK. I will just quietly enjoy your commentaries. No more posting from me in this thread.
 

Mr.Canberra

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F...ingH...CBCBCB mouth :eek:
Please do not act like you own this thread, you think you are big time gangster or what

C C B

Must be really Jiuhu kia or Ah Tiong. Truly struck a raw nerve. :s13:

You talk so sia lan with a newly registered account. Triple confirm is a clone nick! :s13:

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Mr. Wood

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rate cuts or no rate cuts. dat is the question.:s22:

Tue Aug 20
9:30am AUD Monetary Policy Meeting Minutes
Wed Aug 21
8:30pm CAD CPI m/m

Thu Aug 22
2:00am USD FOMC Meeting Minutes
3:15pm EUR French Flash Services PMI
3:30pm EUR German Flash Manufacturing PMI
EUR German Flash Services PMI

Fri Aug 23
6:45am NZD Retail Sales q/q
8:30pm CAD Core Retail Sales m/m
10:00pm USD Fed Chair Powell Speaks
 

edwardZ

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wah nowadays i see forex courses list themselves as SkillsFuture approved! :eek::eek::eek: means the govt agency vet their course and approved? :s11:
 

Mr.Canberra

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Hong Kong/China Outlook

Uncle Trump hinting Forex war. Go Trump go!

Forex war or not be informed of big moves coming soon this week. All the stop loss orders will be taken out! :s13:

1) Stay out of the market for the next 2 weeks.
or
2) NO STOP LOSS.

1 year of trade war with China more or less priced in and reflected in current markets. The next move is whether Trump will implement more trade tariffs on China especially with more firepower from Fed rate cut of 25-50 basis points on 31/07/19.

The potential extra trade tariffs has not being priced in so don't say Mr.Canberra never give good tips hahaha. :D

Scammer EUR/USD has been unable to break down 1.11 in Asia/London session so far. This week I expect it to tio pump to 1.114-5 levels again to trap gullible bulls to keep buying till 1.118 levels then wipe them out again by dumping EUR after Fed interest rate decision.

Time to follow act blur hao lian trader to quote ownself praise ownself. :s13:

The above is what I posted on 29/07/19. When it comes to geopolitics analysis Mr.Canberra usually quite accurate. :s13:

Since the rate hike on 31/07/19 I purposely don't trade EUR/USD. Most importantly kena margin call 3 trading days in a row so now humji haha.

Shorting EUR/USD from below 1.10 is unwise. It should move up 100-200 pips this week or range again between 1.111 - 1.118. So far intraday high for today is 1.1185.

Best is not to trade this week. Let the gunpowder smoke settle a bit first. I expect more shocking news and geopolitical development in the coming weeks. CNY may be down but the red walkers thug regime is well hedged with gold reserves. They have already stocked up ammo for global domination very long time ago. :s13:

Don't say Mr.Canberra never give free tips hahaha. :D

Indicators:
1) HSI
2) No. of HK police stations seiged! LOL!
3) 10-Year Bond Yield
4) Trump's Twitter
5) Red walkers fake news propaganda

Now you all believe or not as the drama unfolds in Hong Kong. USA is going after the evil regime. This is just the beginning. :s13:

https://www.cnbc.com/2019/08/19/twi...on-campaign-against-hong-kong-protesters.html

Twitter and Facebook have suspended numerous accounts that they say are tied to a Chinese disinformation campaign against pro-democracy protesters in Hong Kong.

Twitter said Monday it suspended 936 accounts likely related to the activity. The company said the disinformation campaign was designed to "sow political discord in Hong Kong, including undermining the legitimacy and political protest movement on the ground."

https://hk.asiatatler.com/society/v...dings-buys-british-pub-chain-for-us33-billion

Hong Kong’s richest family is investing in U.K. pub operator Greene King.

On Monday, property developer CK Asset Holdings, which is run by Li Ka-shing’s son Victor Li, announced that it purchased the British conglomerate for $US3.3 billion.

Today Superman's son announced CK Asset Holdings bought Greene King at a premium. What does this tell you? :s13:

Those who hold Hong Kong assets have you prepared for the worst? If Hong Kong cannot defend the capital outflows and if HKD de-pegs from USD you will die cock standing.

Have you considered the following possibilities:
1) US cancelling Hong Kong's special status?
2) Sanctions against Hong Kong and China?

I must admit I hold a majority of my assets in CNY. I am already taking steps to gradually reduce CNY holdings as the tide turns. The risk premium for holding CNY assets is getting unattractive with currency depreciation and decreasing yields.
 
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SuLiFen

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by 1 Oct margin requirement will be
5% minimum
(20x leverage)

canberra NZDUSD will be up lorry liao :s13: :s13: :s13:
 
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