*Official* Forex Trading thread.

[awful999]

I'm worse..

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so sorry to know that bro, last few week really hard for carry trade for me , i also kena stucked or SL, just luckily got scalping to help to win back some, that why I am looking forward more to scalp for time being, for scalping the trend keep prataing, that why i can't share any idea here, sorry for bro's here I cannot share anything but post meaningless post here, please bear with me as post here sometime can help me to release some emotion over trading. Hope all can big huat in coming week.

 

[awful999]

i sense your sarcasm, but nonetheless, extend my most sincere good luck wishes to you. all of us need it.

cheers.

I don't understand what you mean, I am talking to my bro, please don't be so senstive

 

[havetheveryfun]

guys am new to this..

is the earnings and loss based on the amount you use to leverage or the total contract size you are buying ?

e.g. if you use $200 in your account to buy up to a $2000 contract

and the $2000 contract now becomes $4000 worth in value

so do you earn $2000 or only earn another $200

 

[Mecisteus]

guys am new to this..

is the earnings and loss based on the amount you use to leverage or the total contract size you are buying ?

e.g. if you use $200 in your account to buy up to a $2000 contract

and the $2000 contract now becomes $4000 worth in value

so do you earn $2000 or only earn another $200

You are using $200 as margin to leverage up to buy $2k. If value goes up to $4k, you make $2k.

But if goes down, you probably get a margin call and wiped out first.

My advice is better to stay away from forex. You can make a KFC chicken profit but you will lose a Ferrari easily if you don't have a proper risk management.

*Currencies cannot go to zero but your account can get wiped out easily*

 

[revhappy]

Forex requires high skill level in terms of technical analysis, nimbleness and holding your nerves since you have to use leverage. Without leverage the movement is not much.

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[iamveryguailan]

oh no, think today no lunch no dinner riao

Aiya chill out first la, trading is like that

I trade stocks, sometimes down big 4 figure. Important thing is trade with money u can forget with

 

[orhanzi]

today like hard to scalp liao

 

[awful999]

today like hard to scalp liao

ya , whole morning only can get S$27 from scalping EU and USDCHF

 

[tiertime]

Short EU/USD hhehe

 

[Mr.Canberra]

*Currencies cannot go to zero but your account can get wiped out easily*

Must update my signature to cover any loopholes.

 

[xersion]

Only manage to kio $7 from audusd...
Busy week due to stock take...

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[Mr.Canberra]

Only manage to kio $7 from audusd...
Busy week due to stock take...

At least you kio cai png money already. I one kopi-o money also don't have.

Uncle retire liao work part time at Sheng Siong is it?

 

[orhanzi]

shorted gbp/usd. huat ah

 

[Mr.Canberra]

Trading Performance 2017

____________________________________________________________
DAILY COMMENTARY

6 positions stucked.

EUR/USD will burst 1.21 by 22/09/2017. German Federal Election on 24/09/2017.

[USD Strength Outlook]
Mild bullish bias except for GBP, AUD, NZD.

[Important Data Release]
18/09/2017

05:00PM: EA Inflation Rate MoM AUG
10:00PM: US NAHB Housing Market Index SEP
11:00PM: GB BoE Gov Carney Speech

Total gains for today is currently US$0.00 profit.

------------------------------------------------------------
STUCKED POSITIONS [NO STOP LOSS]

AUD/USD (US$40,000) SHORT: -222 pips
EUR/USD (US$100,000) SHORT: -34 pips
NZD/USD (US$70,000) SHORT: -43 pips
USD/CAD (US$40,000) LONG: -617 pips
USD/CHF (US$90,000) LONG: -54 pips
USD/JPY (US$10,000) LONG: -625 pips

TOTAL CONTRACT SIZE: US$350,000
UNREALISED VALUE (LOSS) OF POSITIONS: -US$4637

~'QE' stimulus target US$1 Million balance sheet. No set deadline. Data dependent.

------------------------------------------------------------
PROFIT & LOSS (REALISED) 2017

15/09/17: S$1997.21 <-Data for the busybodies

~11 trading days till date for month of Sep 2017.
____________________________________________________________

 

[revhappy]

Mr Canberra, what is your view about SGD, how high is it likely to go against USD?

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[Mr.Canberra]

USD/SGD

Mr Canberra, what is your view about SGD, how high is it likely to go against USD?

Short term range bound 1.33-1.35.

2018 then can see 1.4X again unless have interest rate hike in Dec.

 

[revhappy]

Short term range bound 1.33-1.35.

2018 then can see 1.4X again unless have interest rate hike in Dec.

Thanks!

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[xersion]

At least you kio cai png money already. I one kopi-o money also don't have.

Uncle retire liao work part time at Sheng Siong is it?

U mean I retired liao? I'm still a young boy eh

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[xersion]

london and euro traders are into the partyyyyyyyyyyyyy!

U haven wake up?

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[awful999]

U mean I retired liao? I'm still a young boy eh

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how young ? 11 ?