Jump to content
Sign in to follow this  

SGD/USD pair

This thread contains an account type known as "Limited Risk". Due to regulatory changes this account type no longer applies for European countries. If you have any questions relating to this, or wish to continue the discussion, please start a new thread. 

Message added by JamesIG

Recommended Posts

All, 

 

Am new to FX started off with cryptos and got irritated with unlongable for cryptos for IG. Anyone have experience for SGD/USD pair ? USD has been sliding against SGD steadily from 1.36 to 1.32x for the past few months. I am planning to short USD against SGD. I know this is not a major currency pair but anyone has any feedback or suggestions?

 

Thanks 

Share this post


Link to post

Thanks, trendfollower, well, I am residing in Singapore, over the past few months, I am observing USD is sliding against SGD for a few months from 1.36x to 1.32x, and last year economic growth is strong, and the central bank is expecting to let the dollar appreciate gradually when they announce their stand in Apr. I know it is a few months away. I am on a guaranteed stop loss of $1.34 since I am on a limited risk account. I have no other research on other currency pairs though.

 

Am new to FX. I am mainly into cryptos and its a lot of volatility and since IG long trades on BTC and ETH is rather limited, I am trying to trade other ways to make money. Or what other USD or other Forex pair is a safer bet?  

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×