Forex Cryptocurrency General Chit Chat Thread 2019

[revhappy]

USD opened gap down

 

[iantao99]

1. I think many people already expects FED to be dovish, hence not much reaction. If FED suddenly turn hawkish, I'm pretty sure there will be a lot of action.

2. I think EUR/USD have weak co-relation to DJI.

Just my two cents..

Thanks for your kind reply.

 

[Mr.Canberra]

https://www.bloomberg.com/news/arti...ar-too-strong-swipes-at-fed-for-raising-rates

Trump says dollar too strong. Expect USD weakness next week.

USD opened gap down

"Market maker" wants to prata USD for some short term gain.

 

[MrPippen]

Thanks for your kind reply.

You're welcomed.

 

[MrPippen]

rates may stay. and start QE.

Likely, I exited my AUD long already.

Don't wish to run this risk..

 

[Mr.Canberra]

EUR/USD

EUR/USD bears reappear liao.

2 trading weeks no profit liao.

 

[Mr. Wood]

cny oso worth looking. but only my broker dun hav.
obor cannot fail.
huge cash flows will support china

 

[Mr.Canberra]

CNY

cny oso worth looking. but only my broker dun hav.
obor cannot fail.
huge cash flows will support china

Cash flow provided by PBOC mai kia.

By the way onshore fixed income and deposit yields have fallen for the past 6 months already.

I use 4.9925 as an average price for my SGD/CNY assets. Now at breakeven region. From my 10+ years experience playing with SGD/CNY once you see it hits 5.0 and above you can start loading up CNY physical notes.

 

[Mr.Canberra]

EUR/USD

EUR/USD back below 1.13!

Now you all believe what I have always said about EUR? Just short hor yi si!

If bears able to break 1.128 that means a test of 1.125 is a done deal.

From the looks of it long covering will bring the price down.

45min till European close. Anything can happen.

 

[Mr. Wood]

Cash flow provided by PBOC mai kia.

By the way onshore fixed income and deposit yields have fallen for the past 6 months already.

I use 4.9925 as an average price for my SGD/CNY assets. Now at breakeven region. From my 10+ years experience playing with SGD/CNY once you see it hits 5.0 and above you can start loading up CNY physical notes.

Keep physical chairman mao pics good for the future. Everyone will have to pay tribute to the middle kingdom emperor again!

 

[Mr.Canberra]

Keep physical chairman mao pics good for the future. Everyone will have to pay tribute to the middle kingdom emperor again!

Trading conditions have transformed drastically ever since the Fed rate hike lift off especially since mid 2018 onwards. Stucked positions are getting harder and harder to recover.

From earning consistent daily Din Tai Fung profits I think very soon I have to work part time at Din Tai Fung for S$8/hr.

The game has changed as low hanging fruits are not easily available any more.

Mid 2016 to end 2017 period is really no brainer. Anyhow hantum also can make money.

My advice to all traders and punters is to de-leverage and trade with caution.

 

[Mr.Canberra]

ECB

All so quiet? Even King of One Liners also MIA.

Chua sai until no more NTUC plastic bags to use? Me -US$30,000 unrealised loss currently!

Mario bro talk show tonight.

Will USD up or down? Haha or already priced in liao?

 

[revhappy]

All so quiet? Even King of One Liners also MIA.

Chua sai until no more NTUC plastic bags to use? Me -US$30,000 unrealised loss currently!

Mario bro talk show tonight.

Will USD up or down? Haha or already priced in liao?

Those unrealised positions are you net long USD or short?

 

[Mr. Wood]

All so quiet? Even King of One Liners also MIA.

Chua sai until no more NTUC plastic bags to use? Me -US$30,000 unrealised loss currently!

Mario bro talk show tonight.

Will USD up or down? Haha or already priced in liao?

AUD chua sai
<<-- like dis oneliner swee boh

 

[revhappy]

I made $60 KFC profit today trading INRUSD futures.

 

[Mr.Canberra]

Those unrealised positions are you net long USD or short?

90% of my positions are net short USD. Stucked since Apr 2018 when USD suddenly prata and rocketed. 1st year anniversary coming. NO STOP LOSS.

Total contract size US$610,000! Too chua sai now to bloat target balance sheet to US$1 Million.

Jerome Hayden "Jay" Powell (born February 4, 1953) is the 16th and current Chair of the Federal Reserve, serving in that office since February 2018. He was nominated to the Fed Chair position by President Donald Trump, and confirmed by the United States Senate.

You can see the start of Powell's term coincides when the USD is going one directional. That is the period when most of my positions got stucked.

Last time Yellen jie jie always come to the rescue that can make market prata until chao tar but so far uncle Powell cannot make it. 死鱼一条 (dead fish). Very hard to flip.

AUD chua sai
<<-- like dis oneliner swee boh

Swee!

 

[Mr.Canberra]

EUR/USD

Thanks to Mario bro. Took US$215.70 Din Tai Fung profit.

 

[Mr.Canberra]

ECB

Boommmm!!!

Last night Mario bro dropped a bomb! Gao lat sia!

 

[Mr.Canberra]

EUR/USD

EUR/USD may spike up during Non Farm Payroll data release. Short covering. 1 hour to moment of truth.

Big boys manipulation. When most retail traders think it will go a certain direction. The opposite happens. Every single time hahaha.

Today before New York closing big boys will take profit so a contrarian trade is a calculated risk. Don't forget today is Friday.

 

[Mr. Wood]

eyes on brexit vote and trump twitters
daylights saving adjusting. US sessions start 9.30pm
options expiry this Friday

Mon Mar 11
7:00am USD Fed Chair Powell Due to discuss interest rates, the economic outlook, and financial stability in an interview conducted by CBS's 60 Minutes
8:30pm USD Core Retail Sales m/m
USD Retail Sales m/m

Tue Mar 12
8:00am USD Fed Chair Powell Due to deliver opening remarks at the National Community Reinvestment Coalition's Just Economy Conference
5:30pm GBP GDP m/m
GBP Manufacturing Production m/m
8:30pm USD CPI m/m
USD Core CPI m/m
9:45pm USD FOMC Member Brainard Due to deliver a speech titled "Community Reinvestment Act Modernization" at the National Community Reinvestment Coalition's Just Economy Conference
Wed Mar 13
8:30pm USD Core Durable Goods Orders m/m
USD PPI m/m
USD Core PPI m/m
USD Durable Goods Orders m/m


Fri Mar 15
6:50am CAD Gov Council Member Wilkins Speaks
8:30pm CAD Manufacturing Sales m/m
10:00pm USD Prelim UoM Consumer Sentiment