Forex Cryptocurrency General Chit Chat Thread 2019

[Mr. Wood]

Mon May 25

Tue May 26

Wed May 27
5:00am CAD BOC Gov Poloz Due to testify, along with Senior Deputy Governor Carolyn Wilkins, before the before Senate Committee on National Finance
NZD RBNZ Financial Stability Report
3:30pm EUR ECB President Lagarde Due to speak about the ECB’s response to the coronavirus at the European Youth Event 2020

Thu May 28
9:30am AUD Private Capital Expenditure q/q
8:30pm USD Prelim GDP q/q

Fri May 29
8:30pm CAD GDP m/m
11:00pm USD Fed Chair Powell Due to participate in a virtual panel discussion at Princeton University's Griswold Center for Economic Policy Studies

 

[Mr. Wood]

Mon Jun 1
10:00pm USD ISM Manufacturing PMI

Tue Jun 2
1:30pm AUD Cash Rate
AUD RBA Rate Statement

Wed Jun 3
9:30am AUD GDP q/q
8:15pm USD ADP Non-Farm Employment Change
10:00pm CAD BOC Rate Statement
CAD Overnight Rate
USD ISM Non-Manufacturing PMI

Thu Jun 4
7:45pm EUR Main Refinancing Rate
EUR Monetary Policy Statement
8:30pm EUR ECB Press Conference

Fri Jun 5
8:30pm CAD Employment Change
CAD Unemployment Rate
USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate

 

[SuLiFen]

kambeilan thought she knew enough to make a profit daily in forex. Little did she know she knew nothing about how to trade foreign currency. ( you never knew,what you never knew)

She had reloaded her account several times due to numerous margin calls.

But her ego is something she has no control, as more and more people here seeking her advices on forex. That is the trap she happily step into.

Forex news calendar is of no use for trading, it is just a time table for you to avoid trading during news. No one can interpret them, even if you hold a doctorate degree in economy, until it became history. Unfortunately, most economists are historian.

Moreover price does not move in tandem with the news release. It is the MANIPULATOR that decides the direction of the currencies within a confined boundary. A boundary where they can wipe out both sides of the high and low.

Look at the chart where price is now put a horizontal line and look left, do it few thousand times on all the high and low from daily chart. Then look at M15 chart on the left - you will eventually spot something familiar all the times.

the best of the best from blurinvestor - LOOK LEFT, time and price

 

[SuLiFen]

Never trust the market maker, never trust your own mind. Never think you know the market.

use STOP LOSS as what blur always emphazised BUT you must know where to put that stop loss as you may get hunt before the trade goes to your intended direction.

if you drawn enough lines and look enough to the left YOU WILL KNOW.

OKOK you can use H4 time frame also instead of daily. remember draw line on all the highs and lows and look to the left where the line has a connection then go to M15 to look at that pattern - LIQUIDITY.

NOTHING is for sure, that's why STOP LOSS and LIMIT ORDER

 

[SuLiFen]

Statistic - this is the most idiot-proof way to trading forex.

Keep a statistic of your win and loss rate on whatever trading strategy you use. If your winning rate is high keep it that way. If your loss rate is much higher than your win rate then turn your monitor around and trade the opposite of what you used to trade.

kambeilan should had deployed this tactic, instead of being unashamed of announcing about him winning char png and losing a car.

 

[SuLiFen]

Forex can only be understood backwards by looking to your left, but it must be traded forwards by following the lines that price is approaching with sell/buy limits.

blur is perfect when he/she put the limit order and posted them live here, I'm far from that standard.

As the price moves delete lines that the price had crossed.

 

[Mr. Wood]

Mon Jun 8
9:45pm EUR ECB President Lagarde Speaks

Tue Jun 9

Wed Jun 10
8:30pm USD CPI m/m
USD Core CPI m/m

Thu Jun 11
2:00am USD FOMC Economic Projections
USD FOMC Statement
USD Federal Funds Rate
2:30am USD FOMC Press Conference

Fri Jun 12
10:00pm USD Prelim UoM Consumer Sentiment

 

[Mr. Wood]

Mon Jun 15

Tue Jun 16
JPY Monetary Policy Statement
2:00pm GBP Claimant Count Change
8:30pm USD Core Retail Sales m/m
USD Retail Sales m/m
10:00pm USD Fed Chair Powell Testifies on the Semiannual Monetary Policy Report before the Senate Banking Committee

Wed Jun 17
8:30pm CAD CPI m/m

Thu Jun 18
12:00am USD Fed Chair Powell Testifies on the Semiannual Monetary Policy Report before the House Financial Services Committee
6:45am NZD GDP q/q
9:30am AUD Employment Change
AUD Unemployment Rate
3:30pm CHF SNB Monetary Policy Assessment
CHF SNB Press Conference
7:00pm GBP Asset Purchase Facility
GBP MPC Asset Purchase Facility Votes
GBP MPC Official Bank Rate Votes
GBP Monetary Policy Summary
GBP Official Bank Rate

Fri Jun 19
8:30pm CAD Core Retail Sales m/m

Sat Jun 20
1:00am USD Fed Chair Powell Speaks in a virtual panel discussion, along with Federal Reserve Bank of Cleveland President Loretta Mester, about building a resilient workforce during the COVID-19 era at a Youngstown community event

 

[Mr. Wood]

boring week
better see if uncle trump tweet anot.

Mon Jun 22
7:00am AUD RBA Gov Lowe Speaks in a panel discussion about COVID-19 and the global economy at the Australia National University Crawford Leadership Forum
11:00pm CAD BOC Gov Macklem Speaks about monetary policy in the context of COVID-19 in a videoconference hosted by the Canadian Clubs and Cercles canadiens

Tue Jun 23
3:15pm EUR French Flash Services PMI
3:30pm EUR German Flash Manufacturing PMI
EUR German Flash Services PMI


Wed Jun 24
10:00am NZD Official Cash Rate
NZD RBNZ Rate Statement

 

[SuLiFen]

boring week

boring week in the calendar is the safest week to trade except for Wednesday morning NZD news.

best day to scalp breakout after the first 2 hours H/L of each session - Tokyo, London and US. Most day 6pm should close shop with profit liao.

ok me go for 5 - 10 pips, each pip USD 200 only. scalp 10 times 5 pips close shop le.

 

[SuLiFen]

hearsay from gossips that forexsexexpert or forexgod also get burned like kambeilan.

hello forexsexistexpertgod you also died-ed-ed-ed ah

 

[SuLiFen]

boring week in the calendar is the safest week to trade except for Wednesday morning NZD news.

best day to scalp breakout after the first 2 hours H/L of each session - Tokyo, London and US. Most day 6pm should close shop with profit liao.

ok me go for 5 - 10 pips, each pip USD 200 only. scalp 10 times 5 pips close shop le.

breakout of first 2 hrs candle - easy pissy closed for 10 pips, don't be greedy

forex trading during an eventless calendar is so simple lei

 

[atf0007]

hearsay from gossips that forexsexexpert or forexgod also get burned like kambeilan.

hello forexsexistexpertgod you also died-ed-ed-ed ah

How u know huh? U his friend? or client?
Anywayz dun laugh laugh - trading is likez tatz onez.... sometimes win sometimes lose... but if alwayz lose, then better stop trading.... retail veri little advantage over institution in FX trading lah.... does not mean retail cannot win at tis but veri few make it.

 

[Heartyman]

should i hoot Stellar Lumens? will become like bitcoin anot?

its cheap now.

 

[Hahahaman]

苏丽芬，木先生，有没有在等益典弟弟去二三巷打包完蛋面？

 

[SuLiFen]

苏丽芬，木先生，有没有在等益典弟弟去二三巷打包完蛋面？

no covid but got HIV

 

[Mr. Wood]

another "exciting" week

Mon Jun 29

Tue Jun 30
9:00am CNY Manufacturing PMI
8:30pm CAD GDP m/m

Wed Jul 1
12:30am USD Fed Chair Powell Testifies along with Treasury Secretary Steven Mnuchin, before the House Financial Services Committee
8:15pm USD ADP Non-Farm Employment Change

Thu Jul 2
8:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate

Fri Jul 3

 

[Hahahaman]

no covid but got HIV

苏丽芬, 打包= take profit。

益典弟弟去二三刚刚到。可是完蛋面等到臭酸了。

 

[SuLiFen]

another "exciting" week

Mon Jun 29

Tue Jun 30
9:00am CNY Manufacturing PMI
8:30pm CAD GDP m/m

Wed Jul 1
12:30am USD Fed Chair Powell Testifies along with Treasury Secretary Steven Mnuchin, before the House Financial Services Committee
8:15pm USD ADP Non-Farm Employment Change

Thu Jul 2
8:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate

Fri Jul 3

Just avoid trading during this so-called forex news - these are the times that manipulation will most likely take place.

you must know the source of news that make forex moves -
New Zealand 'game-ready' for UK free trade deal

btw mr wood, ah it will do us more good if you can source for the interest rate of EURODOLLAR and their payment due dates. This moves forex ah.

Remember it is EURODOLLAR not EURUSD hor.
TIA if you can post them weekly.

 

[SuLiFen]

UK Australia trade agreement, if you care to follow up you might have a head up.