Forex Cryptocurrency General Chit Chat Thread 2019

[MrPippen]

No worries! Vega is your exposure to implied volatility, a factor which goes into the price of an option. very roughly, it's the market's forecast of how volatile the underlying will be over the life of the option.

Generally, if you're long options, you're long vega: if the market wants to buy options because they think the underlying's going to be more volatile (or they just want protection against sudden moves), then implied volatility goes up, and you make money on your vega exposure. Roughly, if you're long options and long vega, you make money when markets are volatile.

Conversely, if you're short options, you're short vega and you'll generally make money if markets are quiet.

The problem is, right now, implied volatility in EUR and JPY options is the lowest it's been since 2014 - so the market needs to be very quiet for you to make any money off a short-vega position in EURUSD or USDJPY.

Don't really understand, but that is because of my low ability...

 

[MrPippen]

While waiting for London Open, my trading desk was taken over by Gann -

I also waiting for London Open...

Blurinvestor, what pairs are you looking at?

 

[MrPippen]

6 minutes to London open!

 

[MrPippen]

EUR/USD today range is 17 pips?!

 

[MrPippen]

EUR/USD today range is 17 pips?!

19:30 EUR ECB Publishes Account of Monetary Policy Meeting

 

[MrPippen]

Wah...make money again !!

100% wins 100% of the time. Power dey !!!...Power power power !!!!!

Eh, if floating losses aren't losses...floating profits aren't profits too...right?

 

[MrPippen]

Correct...it is only profits when positions closed profitably and losses if closed with loss.

If open position with outstanding gains...you are making money and positions with outstanding losses you are losing money. Positions with profit closed...you have made money. Positions closed with loss you have lost money...it is not difficult to figure out

Then this post that you made isn't true since you haven't closed the positions...right?

Wah...make money again !!

100% wins 100% of the time. Power dey !!!...Power power power !!!!!

 

[MrPippen]

Wrong... this only shows open positions.

Then you should had posted your closed positions screenshot ma...never post how people know leh.

 

[MrPippen]

Sorry huh...I don't need to prove anything to anyone. I don't need anyone to believe anything...so just go believe what you want huh

Don't get me wrong....you're an inspiration to me...that said, I just like playing both sides, both on the angel's side and also the devil's advocate..

 

[MrPippen]

All diam ah!
So noisy and idiotic!

If all diam...how to jjww with you? If never jjww with you...how you pcw? If you never pcw...how you hit 50 post count? If you never hit 50 post count, how you spam your li yi tong, fit zai and maybank pictures?

 

[Shiny Things]

The REAL angle required sidereal calculations from readings taken with a sextant and using sight reduction tables from the Nautical Almanac and then corrected with values from delta, theta,gamma and rho....that works out the Vibration that Gann talks about.

[...]

And by the way...the sextant reading..it is taken from the center star of the 3 stars belt of the constellation of Orion...and why this star??...it is the point that is the CENTER of our Universe.... The pyramids point to this star..the Mayan temple has pointers that find a way to this point...the Statues at Easter Island looks toward this point....and Stonehenge at the top of the Equinox has pointers to this star also

Oh mate.

I'm sorry, but you have lost the freakin' plot. It's not fun to talk with you any more. You need help.

 

[MrPippen]

GBP kena smashed again

 

[MrPippen]

Idiotic...

You saying Theresa May idiotic ah?

 

[MrPippen]

Idiotic...

i now at my edmw thread..come over there chit chat ai mai?

here this timing bo lang de..

 

[blurinvestor]

AMP Apr19 135 PUT @ $1.90 or better

APH Apr19 100 PUT @ $0.90 or better

WYNN Apr19 135 PUT @ $2.60 or better

NTES Apr19 267.5 PUT @ $6.80 or better.

101% strike

Only 3 good to go -

AMP Apr19 135 PUT @ $1.75

WYNN Apr19 135 PUT @ $2.10

NTES Apr19 267.5 PUT @ $6.10

 

[MrPippen]

100% wins 100% of the time

power la bruh...

 

[MrPippen]

Sorry, loh...
I a busy professional.

No thanks!
Offline now, going back my real-life trading-desks!

It's OK..I understand...FCS, you got watch the new Yi Tian Tu Long Ji or not?

 

[MrPippen]

Wow...Great !!...was waiting so long to come to this point...don't walk into the door on your way out ok ??...and no need to bother sending any Christmas or Birthday cards...you have a great life then...and here's hoping our paths will never cross again !!!!

Can ask you..you said you begun with 5k capital and now sitting at 27k in 3 months time?

 

[MrPippen]

European Council President Tusk proposing 12 month "flexible" extension to Brexit date

So, that'd still be April 12, but 2020! Oh dear. Some of the hard Brexit folks are gonna hate that.
European Council President Donald Tusk is proposing to offer the UK a 12-month "flexible" extension to its Brexit date
BBC citing a senior EU source

More:
plan would allow the UK to leave sooner if Parliament ratifies a deal
his plan will need to be agreed by EU leaders at a summit next week

 

[soiheardyouwanttobefamous]

wow like so many sexperts here

anyway serious question

need declare profits and pay tax?
or wait for them come find you?
or read somewhere dont need pay tax at all for traders??

I've been trading full time at home for 3.5++ years now
so naturally getting a bit worried about this tax stuff.