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 USD/MYR v4

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bbgoat
post Aug 31 2016, 08:03 PM

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QUOTE(wil-i-am @ Aug 31 2016, 07:37 PM)
Trading at 4.074x now after hitting a High of 4.080x
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doh.gif 4.08 ! shakehead.gif
bbgoat
post Aug 31 2016, 08:07 PM

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QUOTE(wil-i-am @ Aug 31 2016, 08:05 PM)
V may witness 4.10 by tis week
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But looks like will go down further. Some analyst (haha, quoting them) said Sept 4.10 to 4.15 region, something like that.
bbgoat
post Aug 31 2016, 10:15 PM

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QUOTE(AVFAN @ Aug 31 2016, 08:36 PM)
sure or not? biggrin.gif

just 2 months ago...
uk pound now 5.355, ya still got chance for 4.0. tongue.gif
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Nothing is for sure in this world ! devil.gif

Which analyst would u trust ? laugh.gif
bbgoat
post Sep 1 2016, 08:24 AM

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Already near 4.10, anytime can break this barrier !
bbgoat
post Sep 1 2016, 07:02 PM

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QUOTE(wil-i-am @ Sep 1 2016, 06:58 PM)
I hope your crystal ball is reliable  brows.gif
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QUOTE(aromachong @ Sep 1 2016, 06:58 PM)
no loss and no profit even if i missed it  flex.gif
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I don't care either way. So long as it can go to <4 by year end, I am happy ! cool2.gif
bbgoat
post Sep 1 2016, 08:07 PM

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QUOTE(wil-i-am @ Sep 1 2016, 07:11 PM)
Perhaps u may consider DCI on USD/MYR as an alternative play
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Few RM from foreign banks have talked to me on the DCI/DCA. After doing some research, find that not for me. May gain some from the FD rate given but may lose more if the currency move by a lot. Just me. tongue.gif
bbgoat
post Sep 1 2016, 08:46 PM

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QUOTE(AVFAN @ Sep 1 2016, 08:37 PM)
a couple of sinister sites forecasting 4.5 by end sep.

do wat u need to do. biggrin.gif
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4.5 ? U believe that ? laugh.gif

This post has been edited by bbgoat: Sep 1 2016, 08:50 PM
bbgoat
post Sep 1 2016, 09:36 PM

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QUOTE(AVFAN @ Sep 1 2016, 08:54 PM)
let's say i am prepared for it. laugh.gif
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I am OK with it. Except cry.gif cry.gif
bbgoat
post Sep 1 2016, 10:20 PM

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QUOTE(wil-i-am @ Sep 1 2016, 09:39 PM)
Touch 4.110x
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Any "bad" news that we are not aware of ? hmm.gif
bbgoat
post Sep 2 2016, 08:19 AM

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QUOTE(aromachong @ Sep 1 2016, 11:00 PM)
my crystal balls work like charm bbgoat  nod.gif  nod.gif
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thumbsup.gif notworthy.gif notworthy.gif

Hope that next time while u are riding the kangaroo, can still give us glimpse of the crystal ball ! thumbup.gif

QUOTE(AVFAN @ Sep 1 2016, 11:17 PM)
i just took a look at the 1 week charts.

one would think it's jus tusd strong making rm weak.

but no...

euro, pound, aud, veit dong, thai baht, korean won, rmb, turk lira, brazil real....

all same, rm lost to all.

no need to check the rest.
*
The only physical currency that I wanted to sell is yen. Found RM still strong against the yen.
bbgoat
post Sep 2 2016, 09:45 AM

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QUOTE(wil-i-am @ Sep 2 2016, 09:22 AM)
MYR slightly below 4.10 now
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Looks like still strong at <4.10.
bbgoat
post Sep 2 2016, 09:55 AM

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QUOTE(AVFAN @ Sep 2 2016, 09:51 AM)
r u sure?

yen rising against usd.

usd rising against rm.
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See for yourself.

http://www.xe.com/currencycharts/?from=MYR&to=JPY&view=1M

Miss selling my yen at around 24.8, now 25.3 region.
bbgoat
post Sep 2 2016, 10:43 AM

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QUOTE(AVFAN @ Sep 2 2016, 10:27 AM)
i see what u mean...

2% diff 1 month high and low.. ok.

very hard to pick such highs and lows in such a short time, need a lot of luck.

that is same for other currencies - usd 4.0/4.1, sgd 3.0/2.95...

3 months, 6 months, 1 year... rm is losing all the way, for all of them.
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I guess I was "lucky" to buy USD at 4.01 (TT 4.036) 2 weeks ago. But yen seems to be slightly weak again RM. Bought too much yen in July for Japan trip. Now left 71k yen to sell back to money changer. biggrin.gif
bbgoat
post Sep 2 2016, 11:00 AM

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QUOTE(AVFAN @ Sep 2 2016, 10:54 AM)
this is the thing about hindsight.

4.01 = lucky.
3.98 = very lucky.
4.05 = not so lucky.

if usd had fallen and rm goes to 3.95, lucky becomes unlucky, not so lucky becomes ass luck! laugh.gif

short term... very hard.
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Did u see I put "" in lucky ? devil.gif

U always have a "-ve" way of putting things ! bangwall.gif bangwall.gif brows.gif
bbgoat
post Sep 2 2016, 11:01 AM

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QUOTE(wil-i-am @ Sep 2 2016, 10:58 AM)
If 3.88 = extremely lucky  tongue.gif
*
3.84 in April "Super Lucky" ! tongue.gif

This post has been edited by bbgoat: Sep 2 2016, 11:01 AM
bbgoat
post Sep 2 2016, 11:48 AM

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QUOTE(wil-i-am @ Sep 2 2016, 11:29 AM)
Must b very painful for u to purchase @ 4.40
Having said tat, number still numbers as long as d intended purchase is meant for specific purpose
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If buy at 4.40 and sell at 4.45, still a gain.

I have bought USD at 2.50, years ago ...............

Last one year bought TT rate at 3.96, 4.40, 4.45, 4.04. biggrin.gif

So it does depends on the purpose of the purchase ! notworthy.gif notworthy.gif
bbgoat
post Sep 2 2016, 04:59 PM

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QUOTE(aromachong @ Sep 2 2016, 04:53 PM)
my crystal balls tell me it will head to south lol... dont blame me if my crystal ball not working ok? i forgot to polish it
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Next year teach kangaroo to polish it for u ! laugh.gif
bbgoat
post Sep 2 2016, 05:07 PM

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QUOTE(aromachong @ Sep 2 2016, 05:03 PM)
lol okay... if my crystal ball works well it will bring lot of $$$.. macam durian runtuh lol..

but hold first.. greed is bad  innocent.gif  innocent.gif
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A little bit of greed is good. Propel us to be billionaire (not rupiah billionaire) ! laugh.gif

This post has been edited by bbgoat: Sep 2 2016, 05:08 PM
bbgoat
post Sep 2 2016, 07:44 PM

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QUOTE(wil-i-am @ Sep 2 2016, 06:58 PM)
Need to have 7 figures, otherwise how to survive
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Is she talking about introducer's fees ? laugh.gif
bbgoat
post Sep 3 2016, 08:45 AM

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QUOTE(wil-i-am @ Sep 3 2016, 08:10 AM)
I presume it's d min Net Assets to qualify for PR
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Just joking on that. laugh.gif

But no issue for u. She should have left out the 6 figure thingy, for u, 7 or 8 figure, or more AUD ? tongue.gif
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