My trading journal

[ApolloStar]

cut loss

No fear..fight again...

Paiseh was busy last few days..

 

[ApolloStar]

Looking for potential EUR/AUD or GBP/AUD shorts on late Monday/Tuesday.

Worked out fine.

 

[ApolloStar]

cut loss

Can try long here...1.2035...

Later alot of EUR data though..don't know good or bad.

 

[ApolloStar]

Personally don't think so, due to fundamental reasons.

While the new US administration should be more hawkish towards USD, I see SGD being a strong currency as well. Remember that Singapore is a country that tries very hard to attract foreingers to work here, be it talents or workers. For that to occur, SGD has to be a strong currency.

I see the max upside of USD/SGD to be capped at 1.35 for 2021. I could be wrong though.

Also, bear in mind there's stimulus. I really don't see much upside for USD/SGD, but I could be wrong.

 

[ApolloStar]

as an illustration, current price 131. u wanna buy only at 127, so u will sell a put option and collect 3.50.

current price 131, u hold 100 shares, u afraid it will fall below 127, so u buy a put option and pay 3.65.

current price 131, u hold 100 shares, and u only wanna sell at 135, so u sell call options and collect 4.15

current price 131, u wanna buy only at 135, so u buy call options and pay 4.25

note: 1 option = 100 shares

BTW, this platform is which broker ah? Thanks.

 

[ApolloStar]

Any bets in

EUR/NZD buy at 1.6677. TP open. SL 1.6650.

 

[ApolloStar]

Can try long here...1.2035...

Later alot of EUR data though..don't know good or bad.

If 12016 hold, can form bullish shark.

 

[ApolloStar]

Any bets in

XAU/USD next H4 should be green. Can try long at 1836.

 

[ApolloStar]

EUR/NZD buy at 1.6677. TP open. SL 1.6650.

30 pips easy out.

 

[Mr. Wood]

BTW, this platform is which broker ah? Thanks.

TD ameritrade

Thanks bro...I no head no tail for options...I just see that people say that options ROI can be like 100%..

possible, depends on how they define ROI

1) i sell option to collect money and din hit strike price. so i get to keep all the money. no money down. 100% ROI! :s13
2) i buy option pay money, but suddenly share price shoot up. likely can sell it back at higher price.
but of cos market work both ways can lose alot.

if like u can monitor market daily especially during US hours can get v high returns. ppl like must sleep one is difficult.

 

[ApolloStar]

Looking for potential EUR/AUD or GBP/AUD shorts on late Monday/Tuesday.

Out. Song song gao jurong.

 

[ApolloStar]

TD ameritrade


possible, depends on how they define ROI

1) i sell option to collect money and din hit strike price. so i get to keep all the money. no money down. 100% ROI! :s13
2) i buy option pay money, but suddenly share price shoot up. likely can sell it back at higher price.
but of cos market work both ways can lose alot.

if like u can monitor market daily especially during US hours can get v high returns. ppl like must sleep one is difficult.

Paiseh bro, can it work this way? Or am I confused about how they work.

I am thinking of buying options, call options. So for instance, I look at Stock A. Current price $1. I think the price will "moon". So I buy call options of it. What happens if it really moon ah? Suppose it moon to $10. I will make ($10-$1) X 100 shares (since 1 option is 100 shares) right?

Or I still salah?

 

[ApolloStar]

TD ameritrade


possible, depends on how they define ROI

1) i sell option to collect money and din hit strike price. so i get to keep all the money. no money down. 100% ROI! :s13
2) i buy option pay money, but suddenly share price shoot up. likely can sell it back at higher price.
but of cos market work both ways can lose alot.

if like u can monitor market daily especially during US hours can get v high returns. ppl like must sleep one is difficult.

Siao eh, this one is no win no loss, 0% ROI.

 

[ApolloStar]

EURO data sibei green ah!

28 min EUR German Buba Wuermeling Speaks

 

[ApolloStar]

30 pips easy out.

Heng I ran road.

 

[ApolloStar]

ADP sibei positive sia!!!!

 

[ApolloStar]

XAU/USD next H4 should be green. Can try long at 1836.

H1 double bottom. Could see a W pattern up possibly all the way to 1871.

 

[Mr. Wood]

The complete guide to non-farm payrolls (NFP)
February 3, 2021

How do US non-farm payrolls impact forex markets
The monthly non-farm payroll report has a substantial impact on forex markets because it’s used by traders as a leading indicator of economic growth, alongside inflation, gross domestic product (GDP) and the monthly payroll report.

If the NFP shows a healthy US economy – with high employment, job growth and wage increases – it’s likely to attract investment from around the world. This could drive up the price of the US dollar and impact major currency pairs.

However, if the NFP shows an unhealthy US economy – with high unemployment, low job growth and wage stagnation – then investment rates will fall. This would likely cause the US dollar to fall in comparison to other currencies.

Keep an eye on pairs such as GBP/USD, EUR/USD and USD/JPY, as well as the US dollar index.

How do US non-farm payrolls impact other markets
Non-farm payrolls reports look at the impact the labour force has on the economy, which will have knock on effects for the stock market and the price of commodities – largely gold and silver.

When the NFP presents strong employment figures, this is a sign that companies across industries are doing well, which can lead to increased optimism around company stocks. However, as positive data also creates a strong dollar, this can negatively affect US indices such as Dow Jones, the S&P 500 and the NASDAQ – which tend to have a negative correlation with a stronger dollar.

If the NFP data indicates the US economy is in a period of contraction, popular safe havens such as gold and silver may see increased investment flows.

not alwys the case, sometimes alrdy price in more expectation can move in opposite direction.

 

[Mr. Wood]

Paiseh bro, can it work this way? Or am I confused about how they work.

I am thinking of buying options, call options. So for instance, I look at Stock A. Current price $1. I think the price will "moon". So I buy call options of it. What happens if it really moon ah? Suppose it moon to $10. I will make ($10-$1) X 100 shares (since 1 option is 100 shares) right?

Or I still salah?

all else being equal, u will make like something like $9.
eg Stock A current price $1, option price 0.1 (hypothetical)
if stock A rocket to $10, option price will be theoretically 9.10
other factors like expiry date, volatility will affect the option price.

as options buyer, buy when volatility is lower

Siao eh, this one is no win no loss, 0% ROI.

let say stock A again, current price 1. i sell call option strike price 11 at 0.05. dis is to say, if stock A rocket to 11 or higher, i will buy let go my shares at 11, and for waiting, i get to keep 0.05.
but stock A rocket to $10 only. din hit strike price of 11, so i will keep 0.05.
(think as option selling as selling insurance)

as options seller, sell when volatility is high

add: u still hav to close position to make money. as an option buyer, if u dun close position or exercise option, the option will expire worthless.

 

[OnePunchMan]

all else being equal, u will make like something like $9.
eg Stock A current price $1, option price 0.1 (hypothetical)
if stock A rocket to $10, option price will be theoretically 9.10
other factors like expiry date, volatility will affect the option price.

as options buyer, buy when volatility is lower



let say stock A again, current price 1. i sell call option strike price 11 at 0.05. dis is to say, if stock A rocket to 11 or higher, i will buy at 11, and for waiting, i get to keep 0.05.
but stock A rocket to $10 only. din hit strike price of 11, so i will keep 0.05.
(think as option selling as selling insurance)

as options seller, sell when volatility is high

a bit mixed up on 2nd example. should be sell put option if you want the stock. sell call option if you want to let go the stock