*Official* Forex Trading thread.

[tiertime]

Short AUD USD

TP M5 support

 

[dexboi]

yeah im thinking of buying at 1.35. even current level of 1.352.

but problem is im not sure of the end point. Im still new to fx. I hope to be able to see a 1.4(but i know no one can promise me that)

Use charts and find the previous end point. That should at least give you some idea on technicals. If you are trading USD vs SGD, you need to read about fundamentals too - Monetary Actions from US as well as SG.

Chart is 1 of your friends. Use them. And keep reading for more knowledge and stay abreast of news.

Babypips.com

 

[tiertime]

Long AUD USD scalping

 

[revhappy]

Gold, JPY and CHF are safe haven assets.

Traditionally yes, but it absolutely makes no sense for JPY to rise, if there is any threat from NK.

 

[Mr.Canberra]

Traditionally yes, but it absolutely makes no sense for JPY to rise, if there is any threat from NK.

Please allow me to explain. I found it through research some time ago.

Nihonjin very loaded wan. Japanese investors have a lot of investments outside of Japan. So when there is a sell off in offshore assets JPY demand will increase when dollars are converted back to JPY.

 

[lovesleeping1981]

Please allow me to explain. I found it through research some time ago.

Nihonjin very loaded wan. Japanese investors have a lot of investments outside of Japan. So when there is a sell off in offshore assets JPY demand will increase when dollars are converted back to JPY.

Ohhhhhh???? They are loaded?

 

[Knight_Rider]

Ohhhhhh???? They are loaded?

There are damm poor now. Used to be the housewives playing forex. Their national debt rest on the locals so yeah more jialat then US.

https://www.japantimes.co.jp/news/2...ord-¥1-072-quadrillion-march-31/#.WaYE58ig-Uk

 

[Mr.Canberra]

NZD/USD

Scalping NZD/USD.

Total gains for today is currently US$124.56 Din Tai Fung profit.

*No screenshot no count. As requested by so called pro traders.

 

[Mr.Canberra]

Ohhhhhh???? They are loaded?

I only said Japanese investors are 'loaded' not like some joker bring housewives out and compare. That includes BOJ, Hedge Funds and Investment Banks. The cheap credit makes it easy for them to rollover debt.

Yes BOJ issues an insane amount of debt for bond and ETF purchases to stimulate the economy to create the much needed 2% target inflation.

 

[lovesleeping1981]

Scalping NZD/USD.

Total gains for today is currently US$124.56 Din Tai Fung profit.

*No screenshot no count. As requested by so called pro traders.

Mr Can. 你几厉害一下。每天都吃鼎泰丰和肯德基。

 

[Mr. Wood]

*No screenshot no count. As requested by so called pro traders.

Pro traders? More like prostitutes to me. show themselves off, ply their trades all over the streets. make themselves and others "happy".
but buyers beware...

 

[Mr. Wood]

I only said Japanese investors are 'loaded' not like some joker bring housewives out and compare. That includes BOJ, Hedge Funds and Investment Banks. The cheap credit makes it easy for them to rollover debt.

Yes BOJ issues an insane amount of debt for bond and ETF purchases to stimulate the economy to create the much needed 2% target inflation.

I know jipun r traditionally loaded. but recently, are dey loaded becos of their economy (which looks really down to me) or is it jipun their own QE?

 

[Mr.Canberra]

FOREX: It was a fairly quiet affair during the...

FOREX: It was a fairly quiet affair during the Asia-Pacific session, the dollar was mostly unchanged against its peers, but with one small exception. Aussie-dollar was a mild out-performer, climbing from $0.7947 to $0.7996 underpinned by better-than-expected local data, July building approvals came in -1.7% m/m against -5.0% m/m expected, also, Q2 construction work was solid, coming in at +9.3% q/q against MNI's median of +1.0% q/q. Aussie was last at $0.7990. Dollar-yen trekked higher from Y109.55 to Y109.92, the move was supported by demand into today's Tokyo-fix. Dollar-yen was last at Y109.72 and almost unchanged from this morning's open. Kiwi dropped from $0.7265 to $0.7232 following RBNZ's Wheeler, 'a lower kiwi is needed' comment. Kiwi recovered quite quickly and was last at $0.7263. Meanwhile, Euro-dollar currently trades at $1.1976 and Cable at $1.2927, after trading in respective ranges of $1.1963 to $1.1979 and $1.2918 to $1.2929.

 

[Mr.Canberra]

Mr Can. 你几厉害一下。每天都吃鼎泰丰和肯德基。

胆固醇 (cholestrol) very high wor. But got opportunity just makan lah.

I know jipun r traditionally loaded. but recently, are dey loaded becos of their economy (which looks really down to me) or is it jipun their own QE?

Yes Japan's QE is about or 10 years already.

Rich or not rich. Japanese scared to spend money. They tighten their purses due to deflation. Anticipating cheap can be cheaper so they hold off big ticket purchases. With zero interest rates they want to save even more to make up for it.

 

[subprimelive]

Are you guys ready to huat?

This is one of those rare days where money can fall from the sky because of the volatility even if you anyhow hantum long or short positions.

The timings morning sg time 10 to 11am plus and afternoon 2.30 to 3.30plus, these are central banks flooding market with funds? Will it happen indefinitely? Maybe they run out of funds eventually?

 

[Mr.Canberra]

The timings morning sg time 10 to 11am plus and afternoon 2.30 to 3.30plus, these are central banks flooding market with funds? Will it happen indefinitely? Maybe they run out of funds eventually?

Central banks where will run out of bullets? Just key in some digits into the system and create money out of thin air.

Fiat currencies exist base on confidence only.

 

[Mr.Canberra]

NZD/USD

Scalping NZD/USD.

Total gains for today is currently US$225.56 Din Tai Fung profit.

*To those so called pro traders when I happy I post my trades. Does not mean every time I must post. Very boh eng wan you know? NO STOP LOSS you want to challenge me boh?

 

[Sotooong]

Zzz not happy ppl can fxxx off don't contaminate the thread..

 

[Jedihan]

YEsterday 8K loss. Today 3K gain (entered another 1 lot usd chf and 1 lot euro usd) Holy sht. If only I didnt enter so early and had more margin to enter yesterday, would huat until dont know wat sia.

Truly forex can earn and lose so easily.

 

[lovesleeping1981]

YEsterday 8K loss. Today 3K gain (entered another 1 lot usd chf and 1 lot euro usd) Holy sht. If only I didnt enter so early and had more margin to enter yesterday, would huat until dont know wat sia.

Truly forex can earn and lose so easily.

Wah. What's your capital?