*Official* Forex Trading thread. (DYODD advised) - Part 2

  • Need someone to talk to?
    Feeling down, anxious and need help? Mental Health Helpline: 6389-2222 (24 hours) More info

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
CNY

Current CNY (onshore) yields averaging 5% p.a. which is consider not too bad by historical standards. :s13:

Easy money by doing nothing. All you need is to fork out the cold hard cash. :D
 

revhappy

Arch-Supremacy Member
Joined
Mar 19, 2012
Messages
12,206
Reaction score
2,669
Today surprising USDCNH is down although DXY is up. Why?

Sent from Xiaomi REDMI NOTE 4 using GAGT
 

revhappy

Arch-Supremacy Member
Joined
Mar 19, 2012
Messages
12,206
Reaction score
2,669
Current CNY (onshore) yields averaging 5% p.a. which is consider not too bad by historical standards. :s13:

Easy money by doing nothing. All you need is to fork out the cold hard cash. :D
h0sefMbl.png



Looking at the chart CNY looks very overvalued?

Sent from Xiaomi REDMI NOTE 4 using GAGT
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
CNY

can i ask how to buy RMB huh, lolx:s13:

Go Ah Neh shop to buy lah. LOL! :s13:

By the way BTC below US$7000 now! I was right that Crypto trading is not suitable for my NO STOP LOSS strategy. :D
 
Last edited:

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
US stocks continue to plunge today. USD up up up. :s13:

USD toilet paper holders ai zai lah. No chua sai! :s13:
 

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
Go Ah Neh shop to buy lah. LOL! :s13:

By the way BTC below US$7000 now! I was right that Crypto trading is not suitable for my NO STOP LOSS strategy. :D
Then someone will ask which ah neh shop huh and great theory come out again
 
Last edited:

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
Few weeks ago so many of you chua sai and panic that USD toilet paper getting flushed down the sewage.

Now see what happen? Market conditions are always changing and will prata in a snap.

Ai zai lah Forex will not crash until so hiong like DJI in one day. The government will come out and prop up if emergency happens. :s13:

There is a reason why I dare to play NO STOP LOSS for Forex after careful research and study for more than 10 years. :D
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
USD

Just few weeks long ago some pundits say I hallucinate and self denial on my outlook of USD.

Now the market flip and is pricing in for furthur USD tightening. What did I say before? The USD needs to get thrashed so big boys can scoop up bargains first. USD = Ammunition to speculate and punt. :s13:

They want you to think a certain direction is the correct direction but what you should do is the exact opposite. :D
 

ExtremeWays

Banned
Joined
Mar 17, 2017
Messages
7,399
Reaction score
1
Just few weeks long ago some pundits say I hallucinate and self denial on my outlook of USD.

Now the market flip and is pricing in for furthur USD tightening. What did I say before? The USD needs to get thrashed so big boys can scoop up bargains first. USD = Ammunition to speculate and punt. :s13:

They want you to think a certain direction is the correct direction but what you should do is the exact opposite. :D

Still below 109...no excitement
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,876
Reaction score
2,891
CNH (Physical Note Rate)

BUY | SELL
___________________________

05/02/18: 4.8192 4.815
06/02/18: 4.8123 4.801

Good time to unload some precious RMB for Chinese New Year expenditure and pay down credit card bill for AMDK jiak hong trip.

Watching out for good air ticket deals for next JPDK or AMDK trip soon. :s13:

PS: Yes many years ago I converted reserves to Mr.Mao toilet paper liao. Never regretted as my spending power only increase not decrease. :D

These 3 currency combos will hedge any volatility in the markets. Another free PPP tip from Mr.Canberra. :D

CNY <-Stable as a mountain. Any funny events happen PBOC will show hand.
JPY
USD

Add EUR to your basket if you have travel/investment exposure to Europe.
 
Last edited:
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