Depends on the cause in question, if the cause is strong enough, the effect can be seen in steep drops and steep rises. Look at the graph after the budget speeches.

IF the MYR dips back below 4.00,......really surprise, surprise,....

Right,...what happens if all issues are cleared-up ? And then,...is it possible for ALL the current issues to clear-up ?

In order to get decent ROI, we have to make a decision if we are to continue connverting the MYR now into the USD/SGD, or wait till the MYR strengthens further to open another window.

You haven't answered my question... can all the current internal problems be solved and reset to like mid-2014 ?

Okay, bro,....

If no chance to reset back everything to pre-crisis, then certainly no chance for MYR to return to 3.80,... or 2.80... So onward,...

Okay, news today said there will be 1.5 Mil Banglas joining us in Msia in the next three years. More voters for them,....

I wonder then how far can the RM go ?

Selling-out an SME poses problems too to the employees and especially to the management/owners. With a sum of money in-hand, 'ex-owners' will either have to find and start another business all over again,... or become dependant on their next-of-kins, as in retirement,... if not, how to find income ? Can't possibly just sit down and eat-up all their reserves made from the sale, right ?

Employees may be made redundant if there are similar employees from the big corporate,...

When I observed the mkt closely, I see that even if the price of oil continues to increase, the upside for the MYR is limited. This indicates we have a floor here.

SGD-wise,....we are talking about a floor of MYR2.9850 to 1 SGD.

AND,.........the SGD has strengthened against the USD recently !!

Hence the saying always : 'on a gradually appreciating trend'. Let's see what the MAS says in the coming policy mtg in April.

Tq,..AV,..

Hopefully Sgp will be able to stand for another 50 years,...as in another SG50

Soon, it will be time to 'give something back to the Sgp society', for giving so much to us. That's the right thing to do,...like contributing to the SG public by helping to disseminate proper investing knowledge.

'Right thinking, Right behaviour, leading to Right decisions most of the time,...'

Choosing the Right market is very important too !!!

Hold-on before changing more into the SGD or USD.

Let it rise, let it rise,... waiting to convert to the USD and the SGD again,....

Not really,... we don't know the effect will be whenthe Feds starts to signal rate hikes again,...

This is my strategy. And whenever I sense that the USD has strengthened against the SGD and the USD,... I will always buy more of the SGD and the USD. In the long run,... I am bullish on the SGD and the USD against the MYR.

Guys,... I'm sorry to say this, but if your amount is not big enough, there is really not much to make from currency trading,... especially when you need to exchange with a broker or a money-changer, hoping after that that the currency-pair will move in your favour, and then converting it back to pocket the profit. It's really not worth the risk and the time,... and not worth the wait too for the movement to take place too.

After you have converted into the foreign currency of your choice, you need to invest that foreign currency that you have just obtained in-hand and ake more of tat foreign currency amount, while not losing the principal.

Then as you make more of that foreign currency, you will have the luxury of converting it back to the Ringgit in future when you needed to use the Ringgit in Malaysia, or,............the Ringgit falls enough for you to do so profitably.

This is the ONLY way.

It's good to disagree,... then we will be 'notified earlier' if we could be wrong.... many of my accomplishments are borne from knowing early if I am wrong,... so let it out, by all means,...

I was commenting on using the money-changer to earn on forex spreads. It is almost impossible to buy atthe highest or at tje lowest points. Hence it will be somewhere 'after the rise' or 'after the drop',.... is the amount made due to the spread justifiable for amounts of up to, say,...RM300K to play ?

You are hoping for the following scenario :-

On Mar 07, 2016 - you changed MYR500K into USD123319.06 with an exchange rate of 4.0545, the recent one-month low.

You are hoping that on Mar 16, 2016, you can change back the USD123319.06 into MYR512553.91 at an exchange rate of 4.1563.

Hence, your profit should be MYR512553.91 - MYR500K - MYR12553.91.

To make it happen, you will have to have MYR500K to change with the money-changer, time things nicely to catch the bottom and the top, and to ensure the market volatility is still there moving forward. Any amount lower than MYR500K will reduce that profit to be earned.



If you don't find a way to invest that USD123319.06, then you will just be sitting there waiting for the pair to move in your advantage,... for as long as it's necessary.