*Official* Forex Trading thread.

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Mr.Canberra

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nowaday you also scalp in the morning :s13::s22:

so far this morning scalping USDCHF S$55 only

Usually wake up at 9:00am (price action time) just after few hours of sleep. Check the progress or take profit. Then go back to sleep for another 2 hours if no action. :s13:

https://invst.ly/5249j

USD so weak, we may see SGD further strenghten

For this whole week price movement is one directional. Sibei sian.
 

Mr.Canberra

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EUR/USD

Die I got greedy and queue euro at 1.205 and 1.206. Now 1.208. Sianz.

One directional price action sibei sian wan. You can keep on riding the wave but once trend u-turn you will be left high and dry up or down there.

You short? Got chance it may continue to spike. I have one stucked standard lot short position at 1.192!

After this week USD strength should come back. All anticipating Fatboy Kim to test or fire missile on Saturday thus safe haven bids across the market.
 
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Mr.Canberra

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'QE' Stimulus Package

Due to used margin overshoot to 118%. I decided to call up my 'CEO' to disburse stimulus package of S$5000 to recapitalise.

Play safe a bit in case get margin call. Now used margin back to 71%. NO STOP LOSS. I want to see how low or high the big boys want to achieve. At some point direction will u-turn when the time is ripe. Super manipulation going on now. :s13:

AUD/USD kena pump to 0.81 levels. What a joke! :D
 
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awful999

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Teach leh. How to play

For trading index future , I did go for SGX courses last year, I am still learning , sorry I cannot teach you, so sorry.

As for Forex, I applied what I know from index future and learn from internet and people here. In my view, forex is more difficult then index future. Money can come fast and gone fast too.
 
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Mr.Canberra

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For trading index future , I did go for SGX courses last year, I am still learning , sorry I cannot teach you, so sorry.

I do not know anything about Index trading. But what I do know is this is a nervous week for investors. You are playing with leverage so take caution. :D

11250661_1849386535287272_1859737143_n.jpg
 

Mr.Canberra

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Market Sentiment

Usdsgd bouncing off multi weeks support

No end in sight so far. :s13:

Intraday low 1.33464. My below 1.34X call target hit. :D

1.31 and eventual 1.30 coming.

Buy the dip in gold, secular bull trend coming

I sense something big or at least a major correction is coming.

Gold is seasonally very bidded during this time of the year. Trust me by Christmas time you will see people dumping stocks and gold as traders close shop for the year.
 
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ctstalin

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No end in sight so far.
:s13:

Intraday low 1.33464. My below 1.34X call target hit.
:D

I sense something big or at least a major correction is coming.

Humji, wait there so long liao cancelled the trade before it reach


j5CGuLY.jpg
 

awful999

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I do not know anything about Index trading. But what I do know is this is a nervous week for investors. You are playing with leverage so take caution. :D

11250661_1849386535287272_1859737143_n.jpg

Thanks, this week what I did mostly is when there is correction up, i short the market, I only follow the main trend I hardly do both way. :s13:

For forex scalp, I also only scalp one way which I think is the trend.
 
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Mr.Canberra

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Humji, wait there so long liao cancelled the trade before it reach

The situation now is what I call the dilemma phase. Either can win big or tio stucked at one extreme end.

When geopolitical tensions arise all fundamentals are thrown out the window. I believe Uncle Trump dare to strike North Korea but it will take some time. Preparation for war takes time. :s13:

This week really too many issues going on concurrently.

1) North Korea
2) Hurricanes
3) US debt ceiling
 
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No end in sight so far. :s13:

Intraday low 1.33464. My below 1.34X call target hit. :D

1.31 and eventual 1.30 coming.



I sense something big or at least a major correction is coming.

Gold is seasonally very bidded during this time of the year. Trust me by Christmas time you will see people dumping stocks and gold as traders close shop for the year.

lol gold looks bid , don't think the gold bugs caught on yet, have to see news that gold safer investment than bitcoin then take precaution
Bitcoin soar gold soar, bitcoin drop gold still can rise , stocks drop, gold still rise , gold dead for 3 years lol
 

Mr.Canberra

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Mr Canberra so many long USD, need some gold to hedge your longs la

Now after recapitalise margin I humji a bit liao. Total contracts of 4 standard lots very stressful on margin.

Do not dare to add any more positions. Just ride out the 'hurricane' first. :s13:
 

Mr.Canberra

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KOREA: "S. KOREA DETECTS XENON POSSIBLY FROM N...

KOREA: "S. KOREA DETECTS XENON POSSIBLY FROM N. KOREA NUCLEAR TEST" - Bbg

Jit pai dai ji dua tiao liao! :eek:
 
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