Forex/Cryptocurrency General Chit Chat Thread

Status
Not open for further replies.

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
29,347
Reaction score
5,560
These are the kind of foreign talents that Singapore needs and not AMDK privilege served on a dish! Before some jokers label me as Malaysian hater hold on. There are two nationalities that we must control the inflow quota strictly. Ah Neh from India and Ah Tiong from China. If you are Ah Neh or Ah Tiong this is not personal. There are complex political correctness issues on this.

now got one more. pinoys also have to control. the amount of ah tiongs already have greatly reduced in the past few years. probably because they are smart enough to know China is picking up steam already and will be a better place to be in by 2025.

myanmar also getting more and more but so far they are still ok.
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,799
Reaction score
2,848
now got one more. pinoys also have to control. the amount of ah tiongs already have greatly reduced in the past few years. probably because they are smart enough to know China is picking up steam already and will be a better place to be in by 2025.

myanmar also getting more and more but so far they are still ok.

Yes Pillipinos quota need to control also.

Myanmar people the most diligent and humble in ASEAN. :D
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,799
Reaction score
2,848
EUR

Short EUR hor yi si. Options expiring tonight.

Largest for EUR/USD being $1.15 (E1.45bn). This is also my take profit level since position got stucked for more than a week. Big boys you can do it! :s13:

After long position closed with profit this morning. Open a EUR/JPY short position by gut feel as breached above 100 DMA sure have technical resistance. Entry price 130.41. Target price 130.00. In the money now after initial down in late morning.
 
Last edited:

ExtremeWays

Banned
Joined
Mar 17, 2017
Messages
7,399
Reaction score
1
https://sg.yahoo.com/news/dr-m-hsr-decision-must-042713250.html

'Ringgit Forex King' really knows how to use leverage hahaha.

Old mamak is a master strategist. We can learn a few tricks from him about leverage.

He is very smart and will drag this issue to the coming Singapore GE. Remember what I always remind you guys about NO STOP LOSS? Not moving is the best move. Nobody can take out your stops except yourself! Let counter party make the moves. He is utilising NO STOP LOSS strategy in politics. The laws of fibonacci may cause MIW to make wrong moves. :vijayadmin:

MIW has over reliance on Malaysian manpower which causes the daily Causeway jams 24/7. Diversification is crucial if you do not want to be held ransom for certain issues. In my younger days I have colleagues from ASEAN origins. They are equally if not more hardworking than Singaporeans/Malaysians. They generally make genuine effort to integrate into Singapore society.

These are the kind of foreign talents that Singapore needs and not AMDK privilege served on a dish! Before some jokers label me as Malaysian hater hold on. There are two nationalities that we must control the inflow quota strictly. Ah Neh from India and Ah Tiong from China. If you are Ah Neh or Ah Tiong this is not personal. There are complex political correctness issues on this.

As you can see the power of leverage and NO STOP LOSS strategy can be adopted in day to day circumstances. From business negotiations, wet market bargaining, trading, manipulation, etc. :s13:

ARBITRAGE
CARRY TRADE
INTEREST RATE DIFFERENTIALS
LEVERAGE

If you can master ACIL you will feel invincible but you need to balance your spiritual side to prevent your head to swell and become complacent. This is why I go frequent jiak hong trips to heal my 'dark side' by the energy of this earth.

Free tips from Mr.Canberra. No course fee needed. :s13:

Can it apply to stocks?
 

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
29,347
Reaction score
5,560
long a bit of TRY. very good for no stop loss as swap gao gao, easy to hold

but the all time chart is like a bottomless pit ! :eek: no stop loss guys long at the top = gg!
 

revhappy

Arch-Supremacy Member
Joined
Mar 19, 2012
Messages
12,208
Reaction score
2,669
long a bit of TRY. very good for no stop loss as swap gao gao, easy to hold

but the all time chart is like a bottomless pit ! :eek: no stop loss guys long at the top = gg!
I think the no stop loss is only for g10 currencies and within that too only selective top 4 or 5 I guess.

Sent from Xiaomi REDMI NOTE 4 using GAGT
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,799
Reaction score
2,848
long a bit of TRY. very good for no stop loss as swap gao gao, easy to hold

but the all time chart is like a bottomless pit ! :eek: no stop loss guys long at the top = gg!

Long EM currencies is damn scary as daily moves can be 4 figure pips. Swap is good for taking premium risk. I have a few positions stucked. Do not hoot big lot. 0.1 lot is just about right for NO STOP LOSS.

I think the no stop loss is only for g10 currencies and within that too only selective top 4 or 5 I guess.

Major currencies quite safe with NO STOP LOSS. :s13:
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,799
Reaction score
2,848
Fustrating day as if not too greedy can end off with US$500+ 2 Star Michelin profit but just US$255.

Trading possible can huat big but lifespan may shorten by a few years. :s13:
 

Mr. Wood

Banned
Joined
Oct 4, 2013
Messages
26,961
Reaction score
5,127
Mr Canberra or anyone know of good learning materials for fx options or warrants or futures? gam xia. :D
think should start learn to trade other things. :D
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,799
Reaction score
2,848
EUR/JPY

Today's total realised US$488.89 Din Tai Fung profit. One short and one long position.
 

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
Realized or unrealised? My unrealised will be more like 2k down, when London opens.

Sent from Xiaomi REDMI NOTE 4 using GAGT

Realized lost, that was Yesterday unclose position, luckily managed to short the index future at the open, and recovered some lost back :s13:
 
Last edited:

Mr. Wood

Banned
Joined
Oct 4, 2013
Messages
26,961
Reaction score
5,127
Wed Jul 11
3:00pm EUR ECB President Draghi Speaks
8:30pm USD Core PPI m/m
USD PPI m/m
10:00pm CAD BOC Monetary Policy Report
CAD BOC Rate Statement
CAD Overnight Rate
10:30pm USD Crude Oil Inventories
11:15pm CAD BOC Press Conference
11:35pm GBP BOE Gov Carney Speaks

+40pips eur
-40pips cad
jin song :s12:
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top