山重水复疑无路,柳暗花明又一村。(copy and paste..) This is written by the poem 陆游 (Lu You) in Song Dynasty. This poem describe a experience when poet travel during village but at the same time it has a lot of philosopher meaning inside. We can translate this sentence..: when you walk to a place into the same mountain and water again and again, wondering there is no way to get out. Then suddenly, you find another village under the shade of willow and glitter shining of blossom. It is also used for a lot of situation when you come across some hardship in your life and feel there is no way to get rid from it. Then suddenly, you will find another way from a different perspective. No matter how hard the future shows, when people insist on their initial heart and keep trying, hard-working, life will 绝处逢生 (getting relive from the dead place/situation)! And people will turn into a totally different life realm and future.
So never give up, who knows what is waiting for you in the next place where lantern light is dimly shed..
Posted by MoneyMakers > 1 minute ago | Report Abuse Crazy AngTKlown lastnite even think MY gonna bankrupt like Sri Lanka kikiki "If spend billions defend currency, going to become like sri lanka no more reserve currency to do trade imports” ---------------
Aiyo this MM's comprehension really fail. See the word "if spend billions"???
100b left it is indeed a dangerous low level of forex reserves liow.
Posted by MoneyMakers > 7 minutes ago | Report Abuse AngTKlown Ur too ‘young’ to challenge me in anything Past week alone me/bank negara/US market/NFP prove u wrong 4 different topic Usually ‘3strikes ur out’ - but ur Klown makeup soo thick still dare show face/trashtalk here kikiki --------------
Aiya job data abt 5% below expectation only.... ATK not a god my anticipations may be wrong also. You always correct? Your BNM, US market correct also? Dont slap your own face until swollen big big then tell others you have a prosperous fat face la. Hahaha....
CPI data tomorrow night 8.30pm. Last month professional took advantage of the post CPI next day morning rally and exited decisively. Heng, else now jialat.
Everything is already inside the article posted incl what you just "copied n pasted" here abt BNM. Dont try to act smart here la MM really comprehension fail. Really a silly old retiree.
Posted by MoneyMakers > | Report Abuse Ding3 back to old 4.5 range - hopefully drop much2 lower Here no local support (sin biz) - foreign dump GenT die ---------------
MM ah you used to fear monger here so much, why you still bought genting leh? Was hoping to buy cheaper is it? You ah... very evil black heart la. Now cheap become cheaper and even cheaper your wish really come true liow. Casino is sin biz PAS coming wor...
You're talking sh*t for the hell of it Addicted to betrayal, but you're relevant You're terrified to look down 'Cause if you dare, you'll see the glare Of everyone you burned just to get there It's coming back around
And I keep my side of the street clean You wouldn't know what I mean
'Cause karma is my boyfriend Karma is a god Karma is the breeze in my hair on the weekend Karma's a relaxing thought Aren't you envious that for you it's not? Sweet like honey, karma is a cat Purring in my lap 'cause it loves me Flexing like a goddamn acrobat Me and karma vibe like that
Spiderboy, king of thieves Weave your little webs of opacity My pennies made your crown Trick me once, trick me twice Don't you know that cash ain't the only price? It's coming back around
And I keep my side of the street clean You wouldn't know what I mean
'Cause karma is my boyfriend Karma is a god Karma is the breeze in my hair on the weekend Karma's a relaxing thought Aren't you envious that for you it's not? Sweet like honey, karma is a cat Purring in my lap 'cause it loves me Flexing like a goddamn acrobat Me and karma vibe like that
Ask me what I learned from all those years Ask me what I earned from all those tears Ask me why so many fade, but I'm still here (I'm still here, I'm still here)
'Cause karma is the thunder Rattling your ground Karma's on your scent like a bounty hunter Karma's gonna track you down Step by step, from town to town Sweet like justice, karma is a queen Karma takes all my friends to the summit Karma is the guy on the screen Coming straight home to me
'Cause karma is my boyfriend (Karma is my boyfriend) Karma is a god Karma is the breeze in my hair on the weekend (Weekend) Karma's a relaxing thought Aren't you envious that for you it's not? Sweet like honey, karma is a cat Purring in my lap 'cause it loves me Flexing like a goddamn acrobat Me and karma vibe like that
Karma is my boyfriend Karma is a god (Ah) Uh-huh, mm Karma's a relaxing thought
<<KUALA LUMPUR: Bank Negara Malaysia's foreign currency reserves have dipped below US$100.0 billion for the first time since November 2022, partially due to its intervention in the foreign exchange (forex) market.
The reserves dropped by US$1.1 billion or 1.1 per cent month-on-month (MoM) to US$99.2 billion as of June 30 this year, according to Kenanga Research.
This reflects Bank Negara's intervention in the forex market and loss from the quarterly foreign exchange revaluation, due to a 0.4 per cent rise in the US dollar index (DXY) on a quarterly basis, the firm said today.
As a result, Bank Negara's overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion as of June 30.>> ---------------------------
Up to you to read and interpret la. "reserves have dipped below US$100.0 billion", "overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion"
The essense of the entire article is: BNM's foreign reserves are very low. This MM always want to argue for the sake of arguing. Aiya evil bad karma punter lose money in stock market liow will behave like that one la.
Posted by MoneyMakers > 3 minutes ago | Report Abuse AngTK Finally u read whole article (overall reserve 111Bil) - not just their ‘misleading title’ kikiki -----------------
Finally MM read the whole article which also mentioned "reserves have dipped below US$100.0 billion". But obviously MM still doesnt understand the essence of that article: Malaysia has very low forex reserves.
No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports -------------------
Posted by MoneyMakers > 6 minutes ago | Report Abuse AngTK U relate MY low reserves to Sri Lanka bankruptcy Ofcos need see ‘OVERALL international reserve’ (111Bil) if want measure country health - correct hor Always need explain 1by1 to children aiyoyo --------------
Aiyo MM your English comprehension fail la, worse than primary school children. Or your part-time job sell roti prata is it?
Posted by MoneyMakers > 2 minutes ago | Report Abuse Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki Say many times just stay in ur kiddy pool - dont bother grownups ----------------
Aiya MM spinning stories and putting words into my mouth because her English comprehension fail. Cannot take trading loss then dont punt at stock market la.
Posted by ClaraChan94 > 14 minutes ago | Report Abuse Shorties will cover back Genting shares one, don't worry ---------------
ATK has been monitoring daily RSS declared shorts. There are very little volume of daily declared shorts for a long time. I think the selling more likely from FF selling KLCI which has been on going for months. Any small rebound, will kena another wave of selldown again. GenB biz is a politically sensitive sector (casino), hence maybe after election uncertainty is over then see how liow.
Retired accounting clerk MM go n see the last table which states "foreign currency reserves" at usd99.2b. We are talking abt currency reserves, excluding gold, SDRs, IMF reserve position, other assets. Deluded MM just want to argue over a different issue she spin out n start falsely accusing others wrong. Really a reeetard.
Old retiree MM always so lazy needs be spoon fed by professional trading strategies like cutloss, price action, arbitrage, ets. Always waiting to be spoon fed. How to trade well like that? No wonder only know how to use amateur evil bad karma tactics.
Posted by MoneyMakers > 1 week ago | Report Abuse AngTK I alrd give own data prove u wrong Now BNM prove u wrong (no ‘short covering’ after announce intervention = no/minimal shorts) Even ur own article never say ‘neg carry’ as main reason - just 1 of many Proven wrong by many - but still can BS long2 aiyoyo Ur perfect example of narcissistic egomaniac (mental illness -----------------
Posted by AngTayKor > 5 days ago | Report Abuse
Monetary Policy Statement Thursday, 6 July 2023 At its meeting today, Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain Overnight Policy Rate (OPR) at 3.00 percent.
No Action Talk Only. Just like MM, complain here so much but no action. No wonder MYR shorties not scared of toothless + clawless tiger BNM always so dovish. FF run road to stronger and better yield currencies not surprising. ---------------
Deluded MM can claim she "proved" ATK wrong abt BNM when things have already unfolded and proved that MM was wrong. BNM's attempted hawkish words a week ago was trying to call a bluff for short covering which currency traders already can easily see through it hence no short coverings. Currency shorting whales are fully aware of BNM's extremely weak forex position and know very well BNM cannot afford to continue losing billions of precious forex reserves to defend MYR. The strongest ally currency shorts have on their side is MYR's negative carry VS reserve currency USD. And our deluded amateur MM is still insisting weak MYR is due to PH Madani hence FF run road and prefers PN as federal govt. MM ah, you are really a shameless silly old retiree spinning stories, BS and making false accusations everyday when you have been proven wrong.
Posted by MoneyMakers > 5 minutes ago | Report Abuse AngTK Dont be ridiculous shorts cannot fight BNM BS long2 rm short blablabla - nxt day BNM announce intervention Think BNM announce to prove ur BS kikiki ----------------
ATK: Aiya you too amateur la if shorts cannot win why MYR end up so jialat and traders who have been shorting MYR profited handsomely? It is long been in BNM's mandate to keep MYR stable but you see MYR chart for yourself la. You ask George Soros whether shorting currencies can make money or not.... MM really an amateur BS everyday here hahaha...
----------------
"Dont be ridiculous shorts cannot fight BNM" - MM
Aiyo you see for yourself how dumb MM really is. Very difficult to educate dumb amateur.
No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports --------------------
Posted by MoneyMakers > 1 minute ago | Report Abuse
AngTK Let me simplify 4 dummies/fangirl final time U complain MY reserves ‘dangerous low’ under 100Bil - scared become Sri Lanka ===> MM making assumptions again. ATK is not complaining. Im a foreigner. BNM low in forex reserves not my problem. MM has been the one complaining FF run road.
If want see country healthy or not, should see ‘OVERALL international reserves’ correct mo - (Answer: correct) ===> Again you are making assumptions here. The exact words ATK used and posted were "reserve currency to do trade imports". Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)
Whats MY ‘OVERALL international reserves’ - (Answer: 111Bil) ===> You are spinning into another asset category to justify yourself. Prior discussions has been strictly on currency reserves only. We are not counting BNM's other assets like gold, SDRs, IMF Reserve Position, other assets (Answer: BNM's currency reserve is indeed usd99.2B)
111Bil ‘OVERALL reserve’ above ur 100Bil limit right - (Answer: Yes) ===> You are making assumptions again. There was no limit whatsoever mentioned earlier. For a country like Malaysia, BNM having currency reserve at usd99.2B is very weak (Answer: No)
Is MY reserves ‘dangerous low’/become Sri Lanka - (Answer: No) ===> This is where you English comprehension fail again. The exact words used and posted were "If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports". See the word "if"? To successfully defend currency need a very huge war chest and the willingness to sacrifice multi-billions. It will be very foolish for BNM to commit a huge war chest to sacrifice and spend tens of billions to defend MYR. (Answer: MM's comprehension fail)
Is AngTklown a Klown - 100% YES kikiki ===> We all already know MM is the real clown here spinning BS everyday entertaining us here. Hahaha...
Posted by MoneyMakers > 49 minutes ago | Report Abuse Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki Dont want repeat old topic - alrdy prove u wrong last time --------------
Posted by i3lurker > 1 week ago | Report Abuse This feller always wants to win arguments once you do this ... nobody tells you anything real in real life one and you are forever just book theory ONLY => I just ignored him and he thought he won argument. Always happens like this. then he carries fake info around for years and years and thinks himself so grand encyclopedia. while we are doing oil trading 24 hours. Where got start 9/9:30 one? silly bugger plus other things real life like trends ......... while he still remains book theory trends we do REAL trends :) --------------
Posted by i3lurker > 1 week ago | Report Abuse You are unable to realise that people dun think about you at all. Its not all about you, thats why I always ignore your fake statements => Your mind cannot process info that nobody remembers you In trauma thereof you claim people caught lying bleh !!!
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IN TRAUMA THEREOF, MM WILL ALSO CLAIM SHE HAS PROVED OTHERS WRONG.
Oil settles up 2% at 10-week high on weaker U.S. dollar, rising demand forecasts..
Come 2024, the Fed must lower interest rates as part of an easing monetary policy...ang moh's dollar will fall further. Seems like plenty of room for oil to move higher.
Market anticipating a low CPI tonight hence already started to move up. Last month ATK exited position right after low CPI report when the market was still bullish. Luckily sold decisively on that day. The selldown after that was fast, then kena stuck liow.
Posted by newbie2019 > 48 seconds ago | Report Abuse are u loading Sifu ATK? ----------
I was only explaining how to think ahead of the crowd on my earlier post using my last closed GenB trade as an example. The market is smart, good traders move along with it.
AngTK Gold/SDR anytime can sell get usd leh - then use pay 4 imports lo aiyoyo
Soo silly/clueless kikiki ———————— “Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
Posted by MoneyMakers > 5 seconds ago | Report Abuse AngTK Gold/SDR anytime can sell get usd leh - then use pay 4 imports lo aiyoyo Soo silly/clueless kikiki ------ “Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)” ------------------------------
You are too stoopid to be educated. Dont waste my time.
Posted by Mikecyc > 3 weeks ago | Report Abuse Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha --------- Posted by MoneyMakers > 1 minute ago | Report Abuse AngTK Ur ignorance truly laughable Perfect example ‘empty tin milo bang loudest’ kikiki ------------------
Aiya there is only one original and real tin kosong here la. This one not ATK ownself say one. Other people declared MM is Tin Kosong. Power!!! Hahaha.......
Posted by MoneyMakers > 18 minutes ago | Report Abuse AngTK Anyone can simply call someone ‘tin kosong’ But u 100% proven ‘empty tin milo bang loudest’ with this statement kahkahkahkahkah -------- “Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)” ----------------
Aiya tin kosong MM you can try requesting trade exporters to accept your gold, SDRs, IMF Reserve Position as payment for imports la . Those are not classified as currency reserves yet la. Retired accounting clerk MM fail accounting. The discussion has been currency reserve all along.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EatCoconutCanWin
6,691 posts
Posted by EatCoconutCanWin > 2023-07-11 08:22 | Report Abuse
Danger...once pas win. All gambling stock tumble. Don't invest here