Forex/Cryptocurrency General Chit Chat Thread

[Mr.Canberra]

one group cannot.
but what if they cooperate ?

On and off how many times did you see institution Forex traders got fined from rate and interest rigging?

No rig how to make money tio boh?

Even Ah Neh money changers also have 'cartels' not to undercut one another leh.

 

[awful999]

My turn to jiak Hong, go mountain to visit my investment, bro Canberra will know where I am now ,haha, hope every bro here huat ar

 

[Mr.Canberra]

My turn to jiak Hong, go mountain to visit my investment, bro Canberra will know where I am now, haha, hope every bro here huat ar

Haha well done.

Next week I shall also go to that country that you are visiting but of course not same province lah.

Seems to me Forex punters trade smart but need to jiak hong frequently to de-stress and have a clear mind.

 

[ExtremeWays]

Haha well done.

Next week I shall also go to that country that you are visiting but of course not same province lah.

Seems to me Forex punters trade smart but need to jiak hong frequently to de-stress and have a clear mind.

Or they are busy with work...

 

[Mr. Wood]

Haha well done.

Next week I shall also go to that country that you are visiting but of course not same province lah.

Seems to me Forex punters trade smart but need to jiak hong frequently to de-stress and have a clear mind.

make money must also reward ourselves.

 

[awful999]

Haha well done.

Next week I shall also go to that country that you are visiting but of course not same province lah.

Seems to me Forex punters trade smart but need to jiak hong frequently to de-stress and have a clear mind.

Here one of the bank offer three year FD @4.26% now, 2 year@ 3.6% , can consider put somemore yearly income here liao instead of comvert back to SG

 

[havetheveryfun]

Here one of the bank offer three year FD @4.26% now, 2 year@ 3.6% , can consider put somemore yearly income here liao instead of comvert back to SG

which bank ?

and anyone wan to help this poor soul out ?
https://forums.hardwarezone.com.sg/money-mind-210/keep-getting-wiped-out-fx-5839934.html

 

[Mr. Wood]

Here one of the bank offer three year FD @4.26% now, 2 year@ 3.6% , can consider put somemore yearly income here liao instead of comvert back to SG

india and china banks isit?

 

[Mr. Wood]

tonight US employment data release.
are u guys excited?

 

[awful999]

india and china banks isit?

Ya China bank

 

[Mr. Wood]

Ya China bank

chairman Xi wan sui wan sui wan wan sui

 

[Mr. Wood]

up down both make money!
non farm payroll expected 189k actual 223k
make America great again!

 

[ExtremeWays]

up down both make money!
non farm payroll expected 189k actual 223k
make America great again!

USDJPY can scalp a lot of times....I made some profits from up and down........

 

[Mr.Canberra]

AUD/USD, EUR/USD, USD/JPY

Total gains for today is currently US$599.16 2 Star Michelin profit.

Today very tired from jiak hong travelling but got good surprise from Forex. Make up for yesterday's zero profit.

 

[Mr.Canberra]

Here one of the bank offer three year FD @4.26% now, 2 year@ 3.6% , can consider put somemore yearly income here liao instead of convert back to SG

These are the conventional risk free Fixed Deposits but your funds will get locked up longer if you want higher yields. I cannot be bothered with such deposits.

Serves your purpose only if you want to park money offshore. If you have no urgent use just park in China. Use it as capital funding to convert to SGD as and when you require while earning higher interest rates in onshore China banks.

Actually the interest rates looks good if compared to Singapore but if you take into account of the real interest rate (interest rate - inflation rate) then it is not very impressive as China's inflation is higher than Singapore. However if your intention is to convert to SGD then this is where you gain advantage from interest rate differentials as you are spending in SGD. But of course subject to exchange rate fluctuations.

Do not underestimate the power of arbitrage and interest rate differentials. If not how I go for frequent jiak hong trips besides the additional Forex trading profits.

 

[Mr. Wood]

hello all big brothers

what are your thoughts about Ripple (XPRUSD)? Is it worth investing in it?

not sure exactly what ripple is all about but seems got potential
http://www.afr.com/technology/nab-westpac-part-of-ripples-new-global-payments-network-20160915-grgz81

 

[awful999]

These are the conventional risk free Fixed Deposits but your funds will get locked up longer if you want higher yields. I cannot be bothered with such deposits.

Serves your purpose only if you want to park money offshore. If you have no urgent use just park in China. Use it as capital funding to convert to SGD as and when you require while earning higher interest rates in onshore China banks.

Actually the interest rates looks good if compared to Singapore but if you take into account of the real interest rate (interest rate - inflation rate) then it is not very impressive as China's inflation is higher than Singapore. However if your intention is to convert to SGD then this is where you gain advantage from interest rate differentials as you are spending in SGD. But of course subject to exchange rate fluctuations.

Do not underestimate the power of arbitrage and interest rate differentials. If not how I go for frequent jiak hong trips besides the additional Forex trading profits.

Ya just for spare fund , be prepare if you go south now is raining season, if go north very hot now haha

 

[kid]

Mr.Canberra any good forex / trading boosk to recommand?

 

[Mr.Canberra]

Mr.Canberra any good forex / trading books to recommand?

I don't read books. Boh tak che wan. That is why cannot get good job. Must create job for myself.

Watch more Bloomberg TV. Watch it 24 hours if you can for breaking news to trade on. All my sifus are there. Bill Gross, Marc Chandler, Mohd. El-Erian, etc.

 

[kid]

I don't read books. Boh tak che wan. That is why cannot get good job. Must create job for myself.

Watch more Bloomberg TV. Watch it 24 hours if you can for breaking news to trade on. All my sifus are there. Bill Gross, Marc Chandler, Mohd. El-Erian, etc.

thanks for the advice sir. bloomberg need subscribe one right