*Official* Forex Trading thread.

[awful999]

go south not north ? not good for UJ if long , so should short now

Simsci on the way up..long @ 332.8

Simsci closed at 335.1 before the china data release

 

[xersion]

Simsci closed at 335.1 before the china data release

Weekend can Jiak buffet liao

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[Red Nails]

Trade will be in the form of USD/JPY not JPY/USD. Does not matter LONG or SHORT.

Eg. You SHORT at 115. If price moves up to 115.10 that means USD appreciates, JPY depreciates. Unrealised loss -10 pips.

Eg. You LONG at 115. If price moves up to 115.10 that means USD appreciates, JPY depreciates. Unrealised gain +10 pips.

Eg. You SHORT at 114. If price moves down to 113.90 that means USD depreciates, JPY appreciates. Unrealised gain +10 pips.

Eg. You LONG at 114. If price moves down to 113.90 that means USD depreciates, JPY appreciates. Unrealised loss -10 pips.

Realised gains or losses will be denominated in JPY. Some brokerages will automatically convert to base SGD and some don't. Those that don't you can manually convert your JPY (if needed) to any other currencies in your trading account.

What I want is the profit to be denominated in USD

 

[xersion]

What I want is the profit to be denominated in USD

Ur account if by usd than will be usd lor

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[xersion]

Lock in profit for xauusd $30

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[Clock]

oh my.... suddenly usd strengthen since last night!?
good news from FOMC ?

 

[Clock]

Simsci closed at 335.1 before the china data release

are you using oanda ? if so, how you get to trade this ?

 

[xersion]

are you using oanda ? if so, how you get to trade this ?

He using poems..

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[awful999]

He using poems..

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Ya poems for simsci,UJ ,onada for other, in fact onada got Singapore30 similar to simsci too but the spread always wide and lower volume
,

 

[awful999]

Lock in profit for xauusd $30

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Can eat more today Liao..

 

[xersion]

Can eat more today Liao..

Now eating... One meal $15

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[awful999]

Now eating... One meal $15

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So early, then the rest of money for tea later ?

 

[xersion]

So early, then the rest of money for tea later ?

After meal go back home loh... Need to fetch kid and go bank for errands

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[xersion]

Ya poems for simsci,UJ ,onada for other, in fact onada got Singapore30 similar to simsci too but the spread always wide and lower volume
,

Sgd 30 eat ur spread till u left bones leh..

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[Clock]

Ya poems for simsci,UJ ,onada for other, in fact onada got Singapore30 similar to simsci too but the spread always wide and lower volume
,

icic... thx for the info!

 

[awful999]

Sgd 30 eat ur spread till u left bones leh..

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Actually if count in commission S$10 for poems, end up will be about the same as onada with spread but no commission, just that sg30 lower volume then simsci

 

[xersion]

The meal that cost $15

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[Clock]

Actually if count in commission S$10 for poems, end up will be about the same as onada with spread but no commission, just that sg30 lower volume then simsci

wah, like that must go big ah ???

 

[awful999]

wah, like that must go big ah ???

One simsci contact need about 1kS$ margin ,onada can trade 1 contact S$100, those big one is one contact 5k or more which I dare not to use now

 

[awful999]

The meal that cost $15

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USS everything expensive but once a while must reward yourself , enjoy haha