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Author Topic: Ufo propu engine, closed loop  (Read 472044 times)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #870 on: February 03, 2017, 09:40:02 PM »

@Tseung

Can you apply the theoretical model of SURE WIN? This SURE WIN concept is simple. If you win. Repeat betting at 1 unit.  If you lose,  bet 2 units. If you lose again, bet 4 units. If you have infinite amount of capital, you will always win.

In the Forex Market, The odds are not 50-50. There is a transaction cost (spread). But the theoretical SURE WIN method still applies.


*** The Forex Broker or Market Maker can prevent you from winning too much by logging you out! They can log you out while you were incurring losses. Thus they are the real winners!

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #871 on: February 04, 2017, 11:35:04 PM »

@Tseung
***
China’s national currency can be confusing. It is officially called the renminbi, or RMB (which is pinyin of the Chinese 人民币–“the people’s money”). The currency’s unit of account is called the Chinese yuan. And to complicate the matters even more, there are two kinds of Chinese yuan: offshore (CNH) and onshore (CNY).

Offshore yuan is allowed to trade freely on foreign currency markets, but onshore yuan trading is controlled tightly by the Chinese central bank (the People’s Bank of China, PBOC). Effectively, this makes the renminbi inside of China (CNY) a wholly different currency to the Renminbi outside of China (CNH), with each trading at different rates.

CNY and CNH both have their own separate buy, sell and mid-market rate.
What is CNY rate?
Each weekday morning the PBOC sets a rate for CNY. The market within China is then allowed to trade within 2% of this value. It is important to note that the rate set by the PBOC is not the mid-market rate and is not the rate at which currency can be exchanged.

What is CNH rate?
CNH’s rate is not controlled. Its rate is decided almost entirely by the FX markets. But due to PBOC’s massive influence, this rate tends to stay within close range of the domestic CNY rate.

The CNY rate at any time can be either below OR above the CNH rate.
***
When one exchanges money in the retail exchange shops in Hong Kong, which rates do they use?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #872 on: February 05, 2017, 11:53:33 PM »

@TseungU
When one exchanges money in the retail exchange shops in Hong Kong, which rates do they use?
CNH. The main currency pair exchange in Hong Kong is the RMB and HKD. Usually, such rates are displayed prominently.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #873 on: February 07, 2017, 01:56:42 AM »

CNH. The main currency pair exchange in Hong Kong is the RMB and HKD. Usually, such rates are displayed prominently.
@Tseung
The Hedge Funds and Speculators can manipulate the USD/CNH exchange rate via the spot Forex market. But they still cannot manipulate the USD/CNY exchange rate as that is within China. So long as China maintains the separation, RMB will not be forced to devalue.


China should focus on defining and improving the quality and quantity of its Meaningful Economic Activities. Do not just follow the rules or examples set  by the West.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #874 on: February 07, 2017, 10:44:00 PM »

@Tseung
The Hedge Funds and Speculators can manipulate the USD/CNH exchange rate via the spot Forex market. But they still cannot manipulate the USD/CNY exchange rate as that is within China. So long as China maintains the separation, RMB will not be forced to devalue.

China should focus on defining and improving the quality and quantity of its Meaningful Economic Activities. Do not just follow the rules or examples set  by the West.
The Meaningful Economic Activities for China at present should focus on improving the quality of life of its Citizens. No more poverty. Every family has electricity, running water, connection to Internet, health care, education and social benefits...

ltseung888

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Re: Ufo propu engine, closed lo
« Reply #875 on: February 08, 2017, 08:59:57 AM »
As of Feb 1, USD/CNY closed at 6.87907. low 6.87738 high 6.88218

USD/CNH should be following with similar rate. The latest USD/CNH = 6.8364.  Thus it has room to increase. (RMB depreciates).

The bet is on a rate increase. Thus open another position at 6.8345.
The two legs are:
Open at 6.8458 profit limit 6.8503
Open at 6.8345 profit limit 6.8508

No stop loss. Can wait a few days. If successful, the profit from both legs should exceed HK$20,000.

This Forex trading is extremely addictive even with virtual money. No wonder the daily transaction volume exceeds 5 trillion and increasing. If China catches on, exceeding 10 trillion is possible.
All positions were closed. Hit profit limit.
I went fishing. When returned, all positions were closed. The net virtual profit was HK$40,385.
The initial virtual capital was HK$200,000 on Jan 30, 2017.

There was a scarily moment when the unrealized loss was over -HK$90,000. The lesson was stick to the game plan - buy more when the rate went down. One more leg was put in at 6.8195 and closed at 6.8505. It was risky but since it was virtual money...

One other factor not fully understood was Premium. In the period from Jan 30 to Feb 8, the Premium was -HK$13,348. Need to understand more.

*** It is easy to get addicted. Making money appears a piece of cake. The plan is to play with virtual money for 6 months to learn the tricks.
« Last Edit: February 08, 2017, 12:48:21 PM by ltseung888 »

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #876 on: February 08, 2017, 02:26:39 PM »

The Meaningful Economic Activities for China at present should focus on improving the quality of life of its Citizens. No more poverty. Every family has electricity, running water, connection to Internet, health care, education and social benefits...
Some thoughts on Meaningful Economic Activities for China:
(1) Get farmers to move into Ghost Cities. Give generous financial incentives. Generate many jobs. Turn the small lot farms to efficient, mechanized modern farms.
(2) Have many village hotels. Tourism will be a major industry. Organize tours for the newly retired seniors. Help them to enjoy life. Instead of increasing their welfare payments (which mainly go into no activity bank accounts), organize parties, trips for them.
(3) Ensure that every citizen has access to electricity, water, internet, education, medical care and improving modern facilities.
(4) Educate all on win-win. If China wants to be rich and remain rich, help other Nations to become rich.
(5) Focus on real asset economy now but have think tanks dreaming about thin-air money economy.
(6) Let hedge funds and speculators play with USD/CNH. That exchange rate is "virtual". Tighten control on the inflow and outflow of RMB. Do not drain the reserve to "protect the virtual exchange rate". Spread the news that RMB will appreciate to combat the US Government accusation of currency manipulation.
(7) Get ready to introduce the UFO technology.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #877 on: February 08, 2017, 05:37:42 PM »

Forex Premium is the interest that is gained or lost on any open position held overnight.


Opened one position to check out - receive some interest.
Sell USD/CNH @6.8437 Stop loss @6.8541
Let it ride for a few days to receive some interest. Maximum loss=104pips.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #878 on: February 08, 2017, 10:36:15 PM »


@Tseung

Can you apply the theoretical model of SURE WIN? This SURE WIN concept is simple. If you win. Repeat betting at 1 unit.  If you lose,  bet 2 units. If you lose again, bet 4 units. If you have infinite amount of capital, you will always win.

In the Forex Market, The odds are not 50-50. There is a transaction cost (spread). But the theoretical SURE WIN method still applies.


*** The Forex Broker or Market Maker can prevent you from winning too much by logging you out! They can log you out while you were incurring losses. Thus they are the real winners!


What happens if the Chinese Government backs a Chinese Forex Exchanger? Will it become the largest? Remember Macau. It became the most profitable gambling center in the World.
http://www.shiftforex.com/start-fx-broker/?utm_source=google&utm_medium=banner&utm_term=overunity.com&utm_campaign=sab_asia1_d_audience&utm_content=sab_grow&gclid=CLec2Ze9gdICFRKVvQodEa8L1A

China will dominate the gold market as it holds more gold than any other Nation. Will it dominate the Forex Market? Will the Chinese Citizens invest in the China dominated (controlled) Forex Market? Who cares about Hedge Funds and their rumors then? Forex trading will exceed 10 trillion with Chinese investors playing a major role. Who will win the currency war?

Market forces will no longer be the Hedge Funds. Multinationals cannot compete against State Enterprises. FOREX brokers cannot compete against State exchanges.


***Just found out that different Forex Brokers can offer different exchange rates! China must have its own exchange to play.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #879 on: February 09, 2017, 10:23:04 AM »

Forex Premium is the interest that is gained or lost on any open position held overnight.


Opened one position to check out - receive some interest.
Sell USD/CNH @6.8437 Stop loss @6.8541
Let it ride for a few days to receive some interest. Maximum loss=104pips.
Stop loss activated. Loss around HKD8K.
Wait for 6.8650 before another sell order. This is the safe route - stop loss and repeat deeper in the resistance range.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #880 on: February 09, 2017, 10:36:07 PM »

@Tseung


Can you define what you understand by the UFO technology?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #881 on: February 09, 2017, 11:44:09 PM »


@Tseung

Can you define what you understand by the UFO technology?

(1) UFO is commonly known as the flying saucer. It has the characteristics of making sharp turns, hovering, moving at high speeds and vanishing into space.

(2) To produce sharp turns, a flying object can have thrust in the 90 degree angle of the flight path. This is well understood.

(3) My understanding is that the thrust can be generated internally without ejecting any hot gases. That process is sometimes known as inertia propulsion. I believe that a magnet moving at different speeds in its circular path inside the UFO can achieve that.

(4) To hover in air, a helicopter has to make air above the blades move faster than that below. With a spinning object, the right shape can do that. For example, the top side can have wave like structures to generate high speed motion. The bottom can have shapes to produce turbulence and thus higher pressure.

(5) In conventional jet aircrafts, hot gases are ejected out. Much fuel must be carried on board. If inertia propulsion were used, there is no need to eject hot gases. The source of energy is not absolutely clear to me yet. But some experiments point to the use of the full electromagnetic wave spectrum. Solar panels use only a tiny portion. The Milkovic 2 stage pendulum points to the possibility of using gravitational energy. If that were true, the unbalance Chan Wheel should be more efficient.

Hope the above helps. I believe China, USA, Russia and some other Nations have developed flying saucers already. The most interesting aspect is the energy source. Some claimed that zero point energy was used...

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #882 on: February 10, 2017, 08:18:03 AM »

http://www.selectabroker.com/Macau/


There are over 150 Forex brokers listed in the above site. Macau, as the World's Number 1 gambling center, allows liberal Forex trading. China may use Macau as a base for a "Regulated State Forex Exchange". Chinese citizens may be allowed to trade there...

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #883 on: February 10, 2017, 09:44:47 AM »



Stop loss activated. Loss around HKD8K.
Wait for 6.8650 before another sell order. This is the safe route - stop loss and repeat deeper in the resistance range.
Trying out another strategy. Put in a sell order. This means that we have two opposite orders cancelling each other out. I can rest at peace no matter how the market moves. The plan is to get deep into the resistance level. If the rate keeps rising, there will be no more risk. Can wait until a very high level. When the rate falls clearly, take profit on the long side. Let the short side take advantage of the downward trend and profit.


Actual figures:
Short the pair @6.8643 No stop loss.  Aim to take profit when the pair drops to 6.8123. Profit 520 PIPs.
Long the pair @6.8709 No stop loss. Total unrealized loss = -7,200. Aim to hunt for the top resistance level totally risk free. (Will have to pay some premium.)


*** When top presumably reached, short again at that level.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #884 on: February 10, 2017, 10:41:26 AM »


Trying out another strategy. Put in a sell order. This means that we have two opposite orders cancelling each other out. I can rest at peace no matter how the market moves. The plan is to get deep into the resistance level. If the rate keeps rising, there will be no more risk. Can wait until a very high level. When the rate falls clearly, take profit on the long side. Let the short side take advantage of the downward trend and profit.


Actual figures:
Short the pair @6.8643 No stop loss.  Aim to take profit when the pair drops to 6.8123. Profit 520 PIPs.
Long the pair @6.8709 No stop loss. Total unrealized loss = -7,200. Aim to hunt for the top resistance level totally risk free. (Will have to pay some premium.)


*** When top presumably reached, short again at that level.
Next time, enter the short and long at approximately the same time. The trransaction cost will probably be twice the spread or 38 PIPs (approximately HK$3,000). When guessed right, the profit should be in the region of $20,000. (If doubled at the new level, the profit should exceed 40K.  Not bad.
Is it a low risk strategy? The timeframe for each trade is likely to be one to two weeks.


Earning $30K per month on capital of $200K should not be a problem. Growing the capital to $400K in 6 months with this technique appears feasible. Let use see.


*** This Forex Trading is extremely addictive. One can trade both in up or down market. One can trade 24 hours a day, five days a week. (Need two days to rest.) There are many strategies that can be used.