Forex Cryptocurrency General Chit Chat Thread 2019

[Crossbow Hunter]

Anyone selling GBP? Brexit talk deadline soon.

 

[Crossbow Hunter]

Sold GBP/AUD at 1.7760.

See how it goes.

 

[Crossbow Hunter]

Sold GBP/AUD at 1.7760.

See how it goes.

SL 1.78.

TP 1.76.

Risk 40 pips with target 160 pips. 1:4 RR.

 

[Crossbow Hunter]

SL 1.78.

TP 1.76.

Risk 40 pips with target 160 pips. 1:4 RR.

+90 pips, SL @ BE.

Hope you guys took it!

Wa, I entered sell literally at top!

 

[Crossbow Hunter]

Dead thread.

Kinda should had known since thread title is 2019 and we in 2020 already.

 

[Crossbow Hunter]

Be patient my young friend.

I total understand all that you wrote including BE and RR

Early days for a young trader.

Btw, Singapore really got Yan Fei.

I just thought this thread would have people, haha. Seems like most people don't post? Or here ghost city already? Because title is 2019...we already entering 2021 leh!

 

[Crossbow Hunter]

Google my username to know whether Yan Fei is alive.

Slowly learn to trade lo. Early days. You are at best a home cook. Maybe take some cooking lessons or get Gordon Ramsy to teach you?

I used to work in a professional kitchen.

Don't understand what you trying to imply.

If got anything, just say out directly.

 

[Crossbow Hunter]

There's a gap between what you are posting versus what is required to be profitable. You can either find out yourself the hard way, work in a kitchen or engage someone to teach you lo. Anyway just suggestions from my experience. Up to you what you want to do. The attrition rate is very high for this.

I early retired coz it is a young man's game. You can't play this once you are past 30s... ...

 

[Mr. Wood]

Dead thread.

Kinda should had known since thread title is 2019 and we in 2020 already.

sort of
more active is another forex thread but i will lost track of discussions there.

 

[5408854088]

Bitcoin breaks above $20,000 for the first time ever
https://www.cnbc.com/2020/12/16/bitcoin-breaks-above-20000-for-the-first-time-ever.html

 

[Crossbow Hunter]

Sold GBP/AUD at 1.7760.

See how it goes.

+90 pips, SL @ BE.

Hope you guys took it!

Wa, I entered sell literally at top!

sort of
more active is another forex thread but i will lost track of discussions there.

Which one? Can direct me? Thanks.

Anyway, my GBP/AUD trade got stopped out at BE. Too greedy. Haha.

 

[Crossbow Hunter]

Cable on crazy bull run.

 

[Crossbow Hunter]

AUD/CAD sell @ 0.97500.

SL 0.98000.

TP 0.96000.

 

[Mr. Wood]

MONDAY, DEC 21
09:30 CN PBOC INTEREST RATE DECISION

TUESDAY, DEC 22
08:30 AU RETAIL SALES S.A. (MOM) (NOV)Preliminary
15:00 UK GROSS DOMESTIC PRODUCT (QOQ) (Q3)
21:30 US GROSS DOMESTIC PRODUCT ANNUALIZED (Q3)

WEDNESDAY, DEC 23
07:50 JP BOJ MONETARY POLICY MEETING MINUTES
08:30 AU TRADE BALANCE (MOM) (NOV)Preliminar
21:30 US DURABLE GOODS ORDERS (NOV)
21:30 US NONDEFENSE CAPITAL GOODS ORDERS EX AIRCRAFT


trade safe and happy holidays

 

[Mr. Wood]

expecting some consolidation be4 move towards previous high.

 

[Mr. Wood]

AUD/CAD sell @ 0.97500.

SL 0.98000.

TP 0.96000.

u prefer crosses?

 

[Mr. Wood]

Which one? Can direct me? Thanks.

sorry wrong number.
dat one crypto only.

 

[Crossbow Hunter]

AUD/CAD sell @ 0.97500.

SL 0.98000.

TP 0.96000.

Not a bad entry.

 

[Crossbow Hunter]

u prefer crosses?

I only prefer money.

I trade all pairs lah, as long as I see an opportunity.

I look at AUD, NZD and CAD pairs sometimes as my secondary trades as SGD is stronger against these currencies (in the case of CAD, only about 3% weaker). This means two things. Firstly, it doesn't eat as much margin. Secondly, if I am wrong and in drawdown, it doesn't eat as much equity.

Just my two cents.

I know that pairs like EUR/USD, GBP/USD, GBP/JPY or USD/JPY are much more popular. But I like to look at crosses too.

In the case of my previous trade of GBP/AUD, although GBP/XXX is margin intensive, at least if I am wrong, AUD being weaker than SGD, my strain on the equity is managed.

Hoping to learn from you too.

 

[Mr. Wood]

I only prefer money.

I trade all pairs lah, as long as I see an opportunity.

I look at AUD, NZD and CAD pairs sometimes as my secondary trades as SGD is stronger against these currencies (in the case of CAD, only about 3% weaker). This means two things. Firstly, it doesn't eat as much margin. Secondly, if I am wrong and in drawdown, it doesn't eat as much equity.

Just my two cents.

I know that pairs like EUR/USD, GBP/USD, GBP/JPY or USD/JPY are much more popular. But I like to look at crosses too.

In the case of my previous trade of GBP/AUD, although GBP/XXX is margin intensive, at least if I am wrong, AUD being weaker than SGD, my strain on the equity is managed.

Hoping to learn from you too.

as long can make money is good

i seldom trade forex now. a little busy. lets learn frm each other.