Forex Cryptocurrency General Chit Chat Thread 2019

[comfypillow]

Hi Guys,

Which website is the safest for buying bitcoin and other crytocurrency? And have the simplest procedures to register, buy and sell.

I am quite new to this. I understand bitcoin and other crytocurrencies have been on the downtrend for some time. But I believe eventually it will become more and more common to use crytocurrencies for payment in our everyday lives. Hence, my belief to want to jump onto the bandwagon. So far, I have not been vested (on hindsight, it is thankfully but one never knows exactly) but I wanted to put in a bit of money because I feel crytocurrencies are part of the future.

i think got a few cryptoexchange websites out there but most importantly search for their reviews. One of my colleagues say he use this one called Liquid or something, regulated in Japan one.

 

[juventusfc27]

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

Thanks

 

[soiheardyouwanttobefamous]

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

Thanks

dunnoe about others but oanda can pick the currency including local sgd of cos.

 

[Mecisteus]

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

When don't you just trade with Interactive Brokers?

https://www.interactivebrokers.com/en/index.php?f=759

 

[Mr. Wood]

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

Thanks

USD.
there will be auto conversion from SGD to USD usually at the spot price. and auto convert back when u close position. brokers hav to earn something.

u said u are newbie. I hope u are not newbie to the finance markets and want to trade forex only becoz after attend some hyped-up seminars.

"do u want financial freedom" "do u want to get out of rat race"

 

[Mr.Canberra]

"do u want financial freedom" "do u want to get out of rat race"

Be a millionaire by joining A*e P*****s Academy.

 

[cz287cj]

Trading financial instrument is no joke. U will lose big if you are not well prepared. Even experience traders will have its losing days.

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

Thanks

 

[Mr. Wood]

Be a millionaire by joining A*e P*****s Academy.

anyhow pangpwee academy

fk ken cheepie
dunno harm how many old folks alrdy

 

[Mr.Canberra]

anyhow pangpwee academy

fk ken cheepie
dunno harm how many old folks alrdy

Damn annoying with those crap ads popping up during watching Youtube clips.

Too good to be true get rich quick stories should be classified under Fake News!

 

[SuLiFen]

Damn annoying with those crap ads popping up during watching Youtube clips.

Too good to be true get rich quick stories should be classified under Fake News!

okie, okie, since this is not forex related i"ll help you.


Just download Adblock Plus to your browser then no more advertisement liao.

 

[SuLiFen]

if I'm newbie to forex and open an account in SG with say, Oanda or SaxoCapital, what will be the default currency i trade in? SGD or USD?

Thanks

Forex volatility has been falling over the years and with lower leverage it is harder for newbie.

In a low volatility and low leverage environment we have to adapt to strategy based on high ADR/ATR pairs.

Else open a foreign account with high leverage and minimum deposit.Don't open with more than US$500, then you reduce the risk. Risk/Money management is paramount to forex trading.

o yes TIME and PRICE.
When price meets the right time for that particular pair. Watch pairs like C5 Basket for a start and observe how price and time work.

 

[Mr. Wood]

Tue Nov 19
8:30am AUD Monetary Policy Meeting Minutes

Wed Nov 20
9:30pm CAD CPI m/m

Thu Nov 21
3:00am USD FOMC Meeting Minutes
8:30pm EUR ECB Monetary Policy Meeting Accounts
9:40pm CAD BOC Gov Poloz Speaks

Fri Nov 22
4:00pm EUR ECB President Lagarde due to speak at the European Banking Congress, in Frankfurt
4:15pm EUR French Flash Services PMI
4:30pm EUR German Flash Manufacturing PMI
EUR German Flash Services PMI
5:00pm EUR Flash Manufacturing PMI
9:30pm CAD Core Retail Sales m/m
10:45pm USD Flash Manufacturing PMI

 

[Mr. Wood]

got another 8yrs to listen to aunty Christine talk

 

[revhappy]

When don't you just trade with Interactive Brokers?

https://www.interactivebrokers.com/en/index.php?f=759

IBKR is not for Forex trading. They don't offer swap points when you trade on leverage. There is a spread between the interest they charge and the interest they pay. A proper Forex broker when you take a huge leverage position, will pass on to you the full interest on the currency you are long and will charge you the full interest on the currency you are short.

IBKR offers this swap points facility only for positions larger than gross 10million

https://www.interactivebrokers.com/en/index.php?f=1595&p=fxautoswap

 

[atf0007]

Forex volatility has been falling over the years and with lower leverage it is harder for newbie.

In a low volatility and low leverage environment we have to adapt to strategy based on high ADR/ATR pairs.

Else open a foreign account with high leverage and minimum deposit.Don't open with more than US$500, then you reduce the risk. Risk/Money management is paramount to forex trading.

o yes TIME and PRICE.
When price meets the right time for that particular pair. Watch pairs like C5 Basket for a start and observe how price and time work.

Time and price...…. sound so much likez that wannabe expertz vanillabinary. You got use high quality sextant or not?

 

[Mecisteus]

IBKR is not for Forex trading. They don't offer swap points when you trade on leverage. There is a spread between the interest they charge and the interest they pay. A proper Forex broker when you take a huge leverage position, will pass on to you the full interest on the currency you are long and will charge you the full interest on the currency you are short.

IBKR offers this swap points facility only for positions larger than gross 10million

https://www.interactivebrokers.com/en/index.php?f=1595&p=fxautoswap

IB can still do FX trading.

If you are new, my advice is to start slow.

Why leverage to the hilt and risks yourself getting busted quickly.

 

[revhappy]

IB can still do FX trading.

If you are new, my advice is to start slow.

Why leverage to the hilt and risks yourself getting busted quickly.

FX trading is a leverage game. The movement is so less that you can't make any money without leverage. Low risk can be done with leverage also, just trade smaller amounts.

 

[Shiny Things]

IBKR is not for Forex trading.

Yeah. I'll give you that their interest policy makes it uneconomic to trade spot FX, but that's why you use FX futures.

 

[unfinished07]

What are the ways to cash out from coinbase now that xfers is not supported?

 

[SuLiFen]

Time and price...…. sound so much likez that wannabe expertz vanillabinary. You got use high quality sextant or not?

Yes, I am a wannable but I ain't vanillabinary.

The downfall of vanillabinary is he has no concept of TIME.

TIME is a personal issue. Many enter trades expecting the price to move in their direction "right now".
Timing of news and economic announcements should be no-brainer.
But TIME for certain pairs or basket must be one of your chief concerns to enter and exit a trade. Timing of their order flow that cause volatility of 20 to 30 pips or more.

If you are free around 4 - 7pm watch EURAUD, EURNZD, GBPJPY, GBPUSD.
I bet if you watch for weeks and months you might be able to observe the market maker will subtlety adjust the time and you will tell others about TIME and PRICE.

As for vanillabinary, he got the timing all wrong. the time for major roll over of contracts for futures and time decay for option.
Hack, just stick with retail forex.

By the way, even though retail forex is not centralized do you know you can spot discrepancy between each volume bar and candle.

for a start help yourself to be a better trader instead of spiking or ridicule other trader (which is the hall mark in this thread with chief in charge kam bei lan) I hope you are not his 2nd in charge as kam his lan.