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 USD/MYR v4

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TSwil-i-am
post Jul 21 2016, 06:35 AM

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QUOTE(AVFAN @ Jul 20 2016, 11:18 PM)
first part ok. second part is not:

U.S. commercial crude stockpiles fell by 2.3 million barrels to a total of 519.5 million barrels, the Energy Information Administration reported.

Meanwhile, gasoline stocks rose by 911,000 barrels, compared with the Reuters poll forecast for no change. Distillate stockpiles, which include diesel and heating oil, fell by 214,000 barrels, versus expectations for a 600,000-barrel increase, the EIA data showed.

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Gonna head north or south?
TSwil-i-am
post Jul 21 2016, 08:51 AM

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Ringgit leads losses among developing-nation currencies after IMF cuts world growth
http://www.thestar.com.my/business/busines...rowth-forecast/
AVFAN
post Jul 21 2016, 09:52 AM

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QUOTE(wil-i-am @ Jul 21 2016, 06:35 AM)
Gonna head north or south?
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n or s is confusing.

some people say north when they mean rm getting a bigger no., depreciating.

i don't see it going higher than 4.05 so soon.
ninjawin
post Jul 21 2016, 10:42 AM

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QUOTE(AVFAN @ Jul 21 2016, 09:52 AM)
n or s is confusing.

some people say north when they mean rm getting a bigger no., depreciating.

i don't see it going higher than 4.05 so soon.
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Touched 4.048 on 15m chart today. Dont buy/sell on what u believe in. Buy/sell on what the chart tells you
AVFAN
post Jul 21 2016, 10:54 AM

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QUOTE(ninjawin @ Jul 21 2016, 10:42 AM)
Touched 4.048 on 15m chart today. Dont buy/sell on what u believe in. Buy/sell on what the chart tells you
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mind to share what is the chart telling u now?
ninjawin
post Jul 21 2016, 11:01 AM

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QUOTE(AVFAN @ Jul 21 2016, 10:54 AM)
mind to share what is the chart telling u now?
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actually already touched 4.05 just now.. i think if it opens at 4.068 , the chances of going up is higher. there may also be slight retracement as got some resistance there

This post has been edited by ninjawin: Jul 21 2016, 11:03 AM


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AVFAN
post Jul 21 2016, 11:07 AM

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QUOTE(ninjawin @ Jul 21 2016, 11:01 AM)
actually already touched 4.05 just now.. i think if it opens at 4.068 , the chances of going up is higher. there may also be slight retracement as got some resistance there
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thanks for sharing.

but based on that, should one buy or sell usd now?

ninjawin
post Jul 21 2016, 11:14 AM

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QUOTE(AVFAN @ Jul 21 2016, 11:07 AM)
thanks for sharing.

but based on that, should one buy or sell usd now?
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Im keeping till for 4.1 ..it's just my opinion.. i understand my risk and knows what i'll be losing. rclxms.gif Now it's 4.0503 already






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AVFAN
post Jul 21 2016, 12:30 PM

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QUOTE(ninjawin @ Jul 21 2016, 11:14 AM)
Im keeping till for 4.1 ..it's just my opinion.. i understand my risk and knows what i'll be losing.  rclxms.gif Now it's 4.0503 already
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ya, i hope so.

i am not trading fx, just usd equities.

4.1, ok... but i am looking for 4.2x early next year. tongue.gif
ninjawin
post Jul 21 2016, 12:36 PM

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QUOTE(AVFAN @ Jul 21 2016, 12:30 PM)
ya, i hope so.

i am not trading fx, just usd equities.

4.1, ok... but i am looking for 4.2x early next year. tongue.gif
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thumbup.gif seems 4.06 on the way...
KTCY
post Jul 21 2016, 01:19 PM

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with the news of 1MDB in states, singapore seize $120M of Jho Low. will MYR weaken further ?
nexona88
post Jul 21 2016, 01:23 PM

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QUOTE(KTCY @ Jul 21 2016, 01:19 PM)
with the news of 1MDB in states, singapore seize $120M of Jho Low. will MYR weaken further ?
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Yes.. Unless China comes to the rescue blush.gif
bbgoat
post Jul 21 2016, 01:38 PM

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QUOTE(KTCY @ Jul 21 2016, 01:19 PM)
with the news of 1MDB in states, singapore seize $120M of Jho Low. will MYR weaken further ?
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Oh, shxx. My target price need to change already ! tongue.gif
richardrick
post Jul 21 2016, 02:23 PM

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i sincerely hope there will be another 4.4x wave !!!

This post has been edited by richardrick: Jul 21 2016, 02:23 PM
KTCY
post Jul 21 2016, 02:33 PM

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QUOTE(nexona88 @ Jul 21 2016, 01:23 PM)
Yes.. Unless China comes to the rescue blush.gif
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How far to South ? I think 4.2 is something that will happen

QUOTE(bbgoat @ Jul 21 2016, 01:38 PM)
Oh, shxx. My target price need to change already ! tongue.gif
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tongue.gif tongue.gif 4.2 at least

QUOTE(richardrick @ Jul 21 2016, 02:23 PM)
i sincerely hope there will be another 4.4x wave !!!
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I sense at least 4.2 by early Aug
@secret@
post Jul 21 2016, 02:36 PM

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QUOTE(nexona88 @ Jul 21 2016, 01:23 PM)
Yes.. Unless China comes to the rescue blush.gif
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China has rescued several times.
Does that means we lose the claims for islands on South China Sea and HSR contract is going to them?
bbgoat
post Jul 21 2016, 02:54 PM

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QUOTE(KTCY @ Jul 21 2016, 02:33 PM)
How far to South ? I think 4.2 is something that will happen
tongue.gif tongue.gif 4.2 at least
I sense at least 4.2 by early Aug
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ranting.gif ranting.gif

tongue.gif
[Ancient]-XinG-
post Jul 21 2016, 03:04 PM

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SHIT HIT THE FANNNNNNNNN

Plak plak piak plakk piepppp
KTCY
post Jul 21 2016, 03:24 PM

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QUOTE(bbgoat @ Jul 21 2016, 02:54 PM)
ranting.gif  ranting.gif

tongue.gif
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I'm always wrong by the way sad.gif
richardrick
post Jul 21 2016, 03:37 PM

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Is Bugis out of country ? He and his deputy have been out of radar after the DOJ expose...

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