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  • #958,161
  • Feb 6, 2015 6:14am Feb 6, 2015 6:14am
Quoting Pharm0r
{quote} are you a psychiatrist? This thread needs one. I just figured since you're so quick to label people with issues over a text field. Thought maybe you had some professional training...
ofcourse i do
thanks for asking
  • #958,162
  • Feb 6, 2015 6:16am Feb 6, 2015 6:16am
Nothing like good food in Hong Kong fxtyrant, you still have time to order a delivery or something. Lol.
Luck shines on the positive.
  • #958,163
  • Feb 6, 2015 6:16am Feb 6, 2015 6:16am
Quoting YvetteTeo
Nothing like good food in Hong Kong fxtyrant, you still have time to order a delivery or something. Lol.
but the boys are at the restaurant now.....
i cant friggin leave the office until after NFP....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #958,164
  • Feb 6, 2015 6:18am Feb 6, 2015 6:18am
Quoting fxtyrant
{quote} Parity for EURUSD by end of 2015 / early 2016 if Fed begins rate hikes in the april/june window.

I agree if this happens but I doubt that Fed will start rate hikes this year.
The figures from US are starting to suffer. The currency is getting too strong and we saw this in the trade balanse yday
  • #958,165
  • Feb 6, 2015 6:19am Feb 6, 2015 6:19am
Quoting Pharm0r
{quote} I do have issues. 0 of them from trading, then again my livelyhood isn't based on trading...but it's heading that way. For good or worse we'll see. Trading is good, 31% in main account off only 6 trades last month, with good MM. Coincidentally same month I started basing my trades off gator's theories... 3% this month so far. Already positioned for the next leg down. I see yours is going well How's Hong Kong? My girlfriend (soon to be wife) is convinced we are moving there one day. I'm on board with it. Been looking at houses....what...
well houses here are squashed for the price you pay in US you can get 2 houses or something.
but hey, atleast imagine all the tax benefits you get in HK??
HK is really the place to make money and not pay a shit back to government....
no capital gains tax in HK... can you believe that shit?
its like legalize gambling in the capital markets here in Hong Kong....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #958,166
  • Feb 6, 2015 6:20am Feb 6, 2015 6:20am
Quoting MarianneOslo
{quote} I agree if this happens but I doubt that Fed will start rate hikes this year. The figures from US are starting to suffer. The currency is getting too strong and we saw this in the trade balanse yday
im sorry but i dont see US data suffering, in fact the recent data only points to suggesting a seasonal factor causing a slowdown in retail.... US has been having a shitty weather in january.... so yea not a systemic economic slowdown in US so not much for you to worry about.
the Dollar bull is still raging on. you better stop betting against the Dollar Bulls or you're gona get an american sized horn stuck so deep up your ass. the only way out is through your mouth...

besides US doesnt mind a strong dollar... they are a friggin Net Importer when it comes to trade balance ffs.... who gives a crap bout american exports? american's been buying shit since the kingdom come....
dont think that because the rest of the world is easing that the americans should follow my friend... in fact the rest of the world are only easing now after 2008 when US was first to ease..... the rest of the world are a few years behind the economic recovery that the US is having right now.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #958,167
  • Feb 6, 2015 6:23am Feb 6, 2015 6:23am
Quoting fxtyrant
{quote} well houses here are squashed for the price you pay in US you can get 2 houses or something. but hey, atleast imagine all the tax benefits you get in HK?? HK is really the place to make money and not pay a shit back to government.... no capital gains tax in HK... can you believe that shit? its like legalize gambling in the capital markets here in Hong Kong....
And no fekking FIFO.

As I've told her- once I've got a few more investments locked, we'll move. Also looking for an engineering or project management position there.

She speaks Japanese, I dont. I imagine most speak english anyway.

Not gonna lie, kinda excited about trying the little fish-pond things where you sit down and let the fish eat the dead skin off your toes.
  • #958,168
  • Feb 6, 2015 6:25am Feb 6, 2015 6:25am
Quoting Pharm0r
{quote} And no fekking FIFO. As I've told her- once I've got a few more investments locked, we'll move. Also looking for an engineering or project management position there. She speaks Japanese, I dont.
ewww engineering is a dying species here in asia.... the pay has been falling last 1 or 2 decades now....
unless you get to some serious big names in the engineering field, you're gona struggle.
otherwise your wife speaks japanese huh? i can tell you something.... been batting an eye around and banks in HK have been hiring more and more korea/japanese speaking sales positions.... just FYI
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #958,169
  • Feb 6, 2015 6:30am Feb 6, 2015 6:30am
Quoting MarianneOslo
{quote} Sorry but that was a trade and I remember it because he sent me a pm abouth it. That was a ahort trade
Ok, You talking about single trade but your comments sounds like he has been wrong in his eurusd trades and directions since May 2014 which is not the case I think.Thanks for reply and GL.
  • #958,170
  • Feb 6, 2015 6:34am Feb 6, 2015 6:34am
might interest some of here...

RATES: Treasuries Mixed; NonFarm Payrolls, Unemployment Rate 20:23
Treasuries mixed overnight, long end slightly higher as market awaits U.S. Jan. employment data with change in nonfarm payrolls expected at 228k while unemployment rate to remain steady at 5.6%.
• Other economic data today includes average hourly earnings (est. 0.3%), labor force participation rate (est. 62.7%) at 8:30am; Dec. consumer credit (est. $15b) at 3pm
• 2Y 0.528%, +1bp; +7.9bps on week
• 3Y 0.853%, +0.5bp; +11.8bps on week
• 5Y 1.305%, +0.2bp; +15.1bps on week
• 7Y 1.621%, -0.2bp; +16.1bps on week
• 10Y 1.814%, -0.5bp; +17.4bps on week.
  • #958,171
  • Feb 6, 2015 6:35am Feb 6, 2015 6:35am
Quoting fxtyrant
{quote} ewww engineering is a dying species here in asia.... the pay has been falling last 1 or 2 decades now.... unless you get to some serious big names in the engineering field, you're gona struggle. otherwise your wife speaks japanese huh? i can tell you something.... been batting an eye around and banks in HK have been hiring more and more korea/japanese speaking sales positions.... just FYI
She's a business major, and blonde too. I have no worries about her ability to float in a new economy/country. As for me, like I said, I'll have to have a few more things lined up so I don't have to have a "real" job to continue my comfortable living.

Looking into dropping my US citizenship completely. A lot of the NSA shit bothers me.....conspiracies. haha.
  • #958,172
  • Feb 6, 2015 6:39am Feb 6, 2015 6:39am
Quoting Pharm0r
{quote} She's a business major, and blonde too. I have no worries about her ability to float in a new economy/country. As for me, like I said, I'll have to have a few more things lined up so I don't have to have a "real" job to continue my comfortable living. Looking into dropping my US citizenship completely. A lot of the NSA shit bothers me.....conspiracies. haha.
Great idea, drop your US citizenship and apply for a chinese one. You won't have nobody snooping around your secrets or a government interfering in your day to day life...

Fail better.
  • #958,173
  • Feb 6, 2015 6:42am Feb 6, 2015 6:42am
Quoting LarryDarrell
{quote} Great idea, drop your US citizenship and apply for a chinese one. You won't have nobody snooping around your secrets or a government interfering in your day to day life...
hahaha.

The more I look into it, the more the US seems to block renounced citizenships.

$2000 is the cost (why you'd have to pay ANYTHING to renounce a citizenship is up in the air to me), plus and I quote...."multiple rigorous interviews"

Sounds like interrogations to me.
  • #958,174
  • Feb 6, 2015 6:44am Feb 6, 2015 6:44am
Quoting LarryDarrell
{quote} Great idea, drop your US citizenship and apply for a chinese one. You won't have nobody snooping around your secrets or a government interfering in your day to day life...
  • #958,175
  • Feb 6, 2015 6:46am Feb 6, 2015 6:46am
Quoting Pharm0r
{quote} hahaha. The more I look into it, the more the US seems to block renounced citizenships. $2000 is the cost (why you'd have to pay ANYTHING to renounce a citizenship is up in the air to me), plus and I quote...."multiple rigorous interviews" Sounds like interrogations to me.
Isn't there also an issue with last minute taxation depending on the amount of wealth/property you hold? I think that was one of the reasons why one of Facebook's head boys ditched the U.S. prior to the company's IPO

And Larry, yeah-the Chinese do suck. Many of their wealthy are ditching their own citizenships. The only good thing I can think of Chinese citizenships is that they don't extradite one of their own.......s'bout it, though.

Corrupt bureaucracy (the tuition to get a good school, even elementary, can be tens of thousands of dollars), gov. crackdown on "non patriotic businesses", dealings with the goddamn chengguan.....China's not that great.

Go to Singapore.
  • #958,176
  • Feb 6, 2015 6:47am Feb 6, 2015 6:47am
Quoting Vermillion
{quote} Isn't there also an issue with last minute taxation depending on the amount of wealth/property you hold? I think that was one of the reasons why one of Facebook's head boys ditched the U.S. prior to the company's IPO
Yup

http://www.forbes.com/sites/robertwo...aving-america/

to be clear, I'm talking about Japanese citizenship....not Chinese.
  • #958,177
  • Feb 6, 2015 6:51am Feb 6, 2015 6:51am
you ppl are way too focused on 16xx to sell heavily , 155x could be the top of a spike where euro could reverse and aim for 13xx , afterall trade safe .
Get Rich or Die Tryin
  • #958,178
  • Feb 6, 2015 6:55am Feb 6, 2015 6:55am
Quoting Pharm0r
{quote} Yup http://www.forbes.com/sites/robertwo...aving-america/
Ah. The issues of living abroad and filing taxes. Double taxation, anyone? It's one of the reasons my dad is constantly shifting through his financial statements for tax avoidance. The sad thing is, our family is far from being wealthy. We are nowhere near that. But the taxes you get for conducting business in another country....with that's country's infrastructure.....not being associated with the U.S. in any transaction....still leads to exorbitant taxes.
  • #958,179
  • Feb 6, 2015 6:59am Feb 6, 2015 6:59am
Quoting TheNoob
{quote} OK...you noticed it too...yes the 1420-1470 is highly uncertain area...let's see if it can give trading opportunities... {image}
the 1430 is interesting....
Attached Image (click to enlarge)
Click to Enlarge Name: the 1420-1470 seems ok.....jpg Size: 230 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #958,180
  • Feb 6, 2015 6:59am Feb 6, 2015 6:59am
As expected a dull european session with bulls intraday having the upper hand pre NFP.

NFP not expected to be a fundamental game changer, but rather a potential short technical profit taking trigger given the levels in EQUITIES. For the main swing nothing new on the table, same levels, same plays same all, fading the highs (daily/weekly leg) is the no brainer option to the short side. There is nothing to see to the long side swing wise.

For the actual NFP intraday play, wide range intact so same outlook and KEY levels in play too since Monday.

Quoting sisse
{quote} ......ECB announcment officially opened the Soap Opera season....

....On the technical side, ... we have a confirmed wide range for NFP with only 3 easy and clean levels in play: 1.132x for the bottom, the semi tested 1.154x to the top and 1.142x as the flip zone. Map is clear for trading decisions.... sisse
For the actual flow for those playing news we have the dual play open given the wide range so a tricky one if you don't know what you are doing. In general:

An inline, or a slightly miss NFP can trigger profit taking in equities, but will carry European ones making the euro also selloff via dollar after the initial reaction. Fading 1.154x if you are not already in is the level to track. Momentum intraday only comes below 1.142x with final target 1.127x.

A slightly better NFP may have the opposite effect and can make equities hold the highs avoiding euro to selloff via european equities holding the highs opening a one way (there is not loading area if you are not in before) intraday 1.154x and a potential run of very decent short stops above for an extension to 1.160x before swapping for the swing move on the weekly roll (tempting option to clear everybody before the proper leg)

Overshoots/Undershoots in NFP (not expected) and they will be very tricky to trade. An overshoot will trigger selloff in euro but will be held below full throttle cause european equities rallying too. Direct trade (so no loading area if you are not already in from above) , momentum below 1.142x with target 1.127x and max extension 1.116x. An undershoot which is dollar negative in theory, it will also make a selloff after the initial move but it will be also be choppy because equities profit taking across the board that will carry dollar strength too. Same levels as before, intraday leg up to 1.154x with potential run of stops to 1.161x before weekly roll take care of the main leg...

GL all ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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