Gotta to watch that 1903 level first...

this is what has been bothering me. good or bad news also sell when times r bad. good or bad news also buy when time r good. irrational indeed.

that is called confused, directionless.

In short term, market sentiment supersede fundamental.

It is also long weekend. Traders take money off no matter what the job numbers are.

Anyway, will try to get 1usd to rm4.25 rate buy rate this weekend. Saw the trade 4.29 already.
Hopefully, it will work.

red red red...

of interest is fxi, -4.3%.

everyone's scared china will have wild moves on monday?!



crude did not drop much, helped by rig count reduction but still looking very bearish.

also, fxp +8%. is it telling us something about china A comes monday?
foolish me, bought some hsi call warrants at klse.

This post has been edited by mikehwy: Sep 5 2015, 01:27 AM

fxp is double inverse fxi.

so... fxi -4%, china A will drop 4-5%?

should get.

it touched 4.3016 earlier.

hard to say. how can they tell the future? maybe monday china shoot up 4-5%?

i wish you are very very correct, and cheers!!!

today, nikkei down >2%, eu all down >2.5%.

dow also down almost 2%.

shanghai can't escape on monday...

make sense.

tempted and still tempted to short oil ... anyone?

my observation...

wti been hanging around 46 for 3 days now.

very strong resistance.

my ikan bilis remain ikan bilis.

will leave it to next week.

if it goes below 46 in a few minutes, it'll get to 44 fairly quickly next week.

ok.
coming monday is US labor day. I better leave it n see see only...

after hrs trading, wti went from 46 to 45.77.

high chance it will head lower next week.

Min. 42 next week.

China markets were closed for 2 days. Monday is a u.s. holiday. i really dont know, but i speculate. if the Asian markets drops early next week(concerns about China back into play), the oil may drop . Monday w/o u.s. markets trading. if those markets drop. on Tuesday when u.s. opens, there is no telling what they are waking into.

This post has been edited by Rambo69: Sep 5 2015, 06:59 PM

u may yet be right tmrw nite.



shanghai lost 2.6% today.

crude went from 45.77 to 45.41 now.

tmrw...?



btw, usd/rm = 4.33 and dropping...

This post has been edited by AVFAN: Sep 7 2015, 07:16 PM