Ufo propu engine, closed loop

[ltseung888]

@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]

@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]

@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]

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]

@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...