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

[Mr.Canberra]

Price action lai liao!

EUR/USD dropped quite a lot today.

 

[ExtremeWays]

Wah Mr Canberra abit right sia..... Ding爷 siol

 

[Mr.Canberra]

CNY

http://www.forexlive.com/centralban...e-for-today-at-vs-yesterday-at-63072-20180207

CNY very strong today. Going Ah Neh shop to offload some RMB now!

 

[revhappy]

http://www.forexlive.com/centralban...e-for-today-at-vs-yesterday-at-63072-20180207

CNY very strong today. Going Ah Neh shop to offload some RMB now!

I Agree, this level of CNY will cause a crisis in China just like 2015.

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[Mr.Canberra]

Offload my precious soldiers liao.

SGD/CNY 4.7828

In CBD now. So many OLs buay tahan man!

 

[awful999]

Offload my precious soldiers liao.

In CBD now. So many OLs buay tahan man!

At our age you still cannot control huh,haha hmm..

 

[Mr. Wood]

Offload my precious soldiers liao.

In CBD now. So many OLs buay tahan man!

show them your.........

....... online account and make them wet............



.......... drooling........ when they is see your satki equity balance.

 

[Mr.Canberra]

I Agree, this level of CNY will cause a crisis in China just like 2015.

Temporary only. Chinese New Year liquidity crunch.

PBOC very zai wan.

 

[Mr.Canberra]

At our age you still cannot control huh,haha hmm..

Don't think yellow. Precious soldiers = RMB.

As long as have this sausage attached to my body how not to crave for young meat?

show them your.........

....... online account and make them wet............

.......... drooling........ when they is see your satki equity balance.

Hahaha I always like to give opposite sex the impression I am poor uncle.

 

[Mr.Canberra]

SGD

SGD is strong against all currencies except for CNY, IDR, JPY and MYR today.

Malaysia boleh or higher MYR demand from jiu hu kia for Chinese New Year?

 

[Mr.Canberra]

EUR/USD

Swee EUR/USD is retracing.

 

[rider83]

Swee EUR/USD is retracing.

Huat ah bro

This month PNL how much liao?

 

[Mr.Canberra]

Huat ah bro

This month PNL how much liao?

These 2 months very lousy. Average ROI S$1000+/mth only. 3 months ago rugi US$2000+. One less USA trip.

Lately many positions tio stucked with the brutal EUR/USD 600 pips upmove and USD weakness. So no more margin left to scalp.

 

[rider83]

These 2 months very lousy. Average ROI S$1000+/mth only. 3 months ago rugi US$2000+. One less USA trip.

Lately many positions tio stucked with the brutal EUR/USD 600 pips upmove and USD weakness. So no more margin left to scalp.

There are good times and bad times... Part and parcel of a trader's life.

A good friend used to tell me this "Tough times don't last, tough men do!!"

Hope everything smooth out after sanding the rough patches!

 

[Mr.Canberra]

There are good times and bad times... Part and parcel of a trader's life.

A good friend used to tell me this "Tough times don't last, tough men do!!"

Hope everything smooth out after sanding the rough patches!

Thanks!

I believe heaven is fair at most times. He gives each individual a special skill set.

 

[Mr.Canberra]

The Art of War By Sun Tzu

I. Laying Plans

1. Sun Tzu said: The art of war is of vital importance to the State.

2. It is a matter of life and death, a road either to safety or to ruin. Hence it is a subject of inquiry which can on no account be neglected.

3. The art of war, then, is governed by five constant factors, to be taken into account in one's deliberations, when seeking to determine the conditions obtaining in the field.

4. These are: (1) The Moral Law; (2) Heaven; (3) Earth; (4) The Commander; (5) Method and discipline.

5,6. The Moral Law causes the people to be in complete accord with their ruler, so that they will follow him regardless of their lives, undismayed by any danger.

7. Heaven signifies night and day, cold and heat, times and seasons.

8. Earth comprises distances, great and small; danger and security; open ground and narrow passes; the chances of life and death.

9. The Commander stands for the virtues of wisdom, sincerely, benevolence, courage and strictness.

10. By method and discipline are to be understood the marshaling of the army in its proper subdivisions, the graduations of rank among the officers, the maintenance of roads by which supplies may reach the army, and the control of military expenditure.

11. These five heads should be familiar to every general: he who knows them will be victorious; he who knows them not will fail.

12. Therefore, in your deliberations, when seeking to determine the military conditions, let them be made the basis of a comparison, in this wise:--

13. (1) Which of the two sovereigns is imbued with the Moral law? (2) Which of the two generals has most ability? (3) With whom lie the advantages derived from Heaven and Earth? (4) On which side is discipline most rigorously enforced? (5) Which army is stronger? (6) On which side are officers and men more highly trained? (7) In which army is there the greater constancy both in reward and punishment?

14. By means of these seven considerations I can forecast victory or defeat.

15. The general that hearkens to my counsel and acts upon it, will conquer: let such a one be retained in command! The general that hearkens not to my counsel nor acts upon it, will suffer defeat:--let such a one be dismissed!

16. While heading the profit of my counsel, avail yourself also of any helpful circumstances over and beyond the ordinary rules.

17. According as circumstances are favorable, one should modify one's plans.

18. All warfare is based on deception.

19. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.

20. Hold out baits to entice the enemy. Feign disorder, and crush him.

21. If he is secure at all points, be prepared for him. If he is in superior strength, evade him.

22. If your opponent is of choleric temper, seek to irritate him. Pretend to be weak, that he may grow arrogant.

23. If he is taking his ease, give him no rest. If his forces are united, separate them.

24. Attack him where he is unprepared, appear where you are not expected.

25. These military devices, leading to victory, must not be divulged beforehand.

26. Now the general who wins a battle makes many calculations in his temple ere the battle is fought. The general who loses a battle makes but few calculations beforehand. Thus do many calculations lead to victory, and few calculations to defeat: how much more no calculation at all! It is by attention to this point that I can foresee who is likely to win or lose.

 

[Mr.Canberra]

China's Yuan Plunges Most Since Aftermath of Devaluation in 2015

https://www.bloomberg.com/news/arti...s-most-since-aftermath-of-devaluation-in-2015

My timing so zhun?

 

[Mr.Canberra]

Trade War

While I was jiak hong in USA, on 22/01/2018 uncle Trump declared a steep 30% U.S. tariffs on imports of solar panels and washing machines.

China will not take this lying down. This trade war will play it out in 2018/2019 and combined with Fed's increased pace of rate hikes + balance sheet reduction, USD will strengthen instead of weakening. Right now the market has not fully priced in asset price drops yet.

If you have a large allocation of stocks and bonds I wish you all the best if you are not hedged. I hope my deduction is wrong but if not cash and gold will soar.

All warfare is based on deception.
-Sun Tzu

 

[revhappy]

While I was jiak hong in USA, on 22/01/2018 uncle Trump declared a steep 30% U.S. tariffs on imports of solar panels and washing machines.

China will not take this lying down. This trade war will play it out in 2018/2019 and combined with Fed's increased pace of rate hikes + balance sheet reduction, USD will strengthen instead of weakening. Right now the market has not fully priced in asset price drops yet.

If you have a large allocation of stocks and bonds I wish you all the best if you are not hedged. I hope my deduction is wrong but if not cash and gold will soar.

What is that line? Buy no scare, scare no buy

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[rider83]

While I was jiak hong in USA, on 22/01/2018 uncle Trump declared a steep 30% U.S. tariffs on imports of solar panels and washing machines.

China will not take this lying down. This trade war will play it out in 2018/2019 and combined with Fed's increased pace of rate hikes + balance sheet reduction, USD will strengthen instead of weakening. Right now the market has not fully priced in asset price drops yet.

If you have a large allocation of stocks and bonds I wish you all the best if you are not hedged. I hope my deduction is wrong but if not cash and gold will soar.

Alot of ppl spend money on health, life and retirement insurance but the funny thing is ppl are not interested in financial “insurance”.

In life in this age, almost everything also must hedge!