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frx_trader commented Mar 4, 2017Do you understand Euro more than Swiss bankers?
Yellen: From Adding Accommodation to Scaling It Back
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frx_trader replied Mar 4, 2017Same questions to anybody. This is EU 4HR chart. 1. Is this Bullish or Bearish Wave? 2. Do I long or short? 3. Where is my point of entry? 4. Where is my TP and SL.? Thank you.
Wolfe Waves - Get in the Zone
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frx_trader replied Mar 4, 2017Expo or anybody. Help me pls. Since I am new and haven't read yet the full description of WW. Here is 4 hrs GBPNZD chart. 1. Is this Bullish or Bearish Wave? 2. Do I long or short? 3. Where is my point of entry? 4. Where is my TP and SL.? Thank you.
Wolfe Waves - Get in the Zone
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frx_trader replied Mar 3, 2017Why does your graph confirm my prediction? EU charts look bearish. I just use my hunch. Maybe good, maybe not good.
EURUSD
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frx_trader replied Mar 3, 2017Hello. You are right, she hasn't made up her mind. But there is a strong tendency towards rate hike in March. FED doesn;t want to see inflation goes up more. (Correct me if there is inflation. Because I don't know). If inflation goes up further, and ...
USD/JPY Discussion
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frx_trader commented Mar 3, 2017Not so sure. HSI is dropping. Nikkei maybe drops on Monday. Then follow by Dow drops. USDX is dropping. Just saying.
USD/JPY Rally Stalls Near Resistance
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frx_trader replied Mar 3, 2017Thank you Expo. I like it. Combine with Moving Averages and Ichimoku.
Wolfe Waves - Get in the Zone
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frx_trader replied Mar 3, 2017Let's see. I am guessing here. First, Traders expect Trump tweets in the weekends. Second, Euro election news is getting better. Third, manipulation on weekend? Maybe. Next week? Who knows? Maybe another drama. My view is neutral. Let's see 1.0588 - ...
EURUSD
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frx_trader replied Mar 3, 2017Is this technical or fundamental move? Or to take out those shorts with high spread?
EURUSD
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frx_trader replied Mar 3, 2017Just my opinion. UJ will be 113 again. Gold spikes today.
USD/JPY Discussion
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frx_trader commented Mar 3, 2017DJ is falling below 21000. That's what's wrong.
Yellen: From Adding Accommodation to Scaling It Back
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frx_trader replied Mar 3, 2017Because China is tightening. Soon Asia will be in crisis because of Trump. Mexico and South America will be hard hit. Europe and UK are already in trouble. Look HSI Hang Seng is in deep red around 23500 and dropping. US will be the lone ranger of ...
USD/JPY Discussion
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frx_trader replied Mar 1, 2017Learning from Physics Law. The law of Inertia. It is harder to move an object when it is idle or in equilibrium. A small force or deviation will be insignificant to overcome inertia. When an object is in motion. It is easier to move it in any ...
Since when is London the crappiest trading session?
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frx_trader replied Mar 1, 2017Interesting theory. What I think of long term is the end of this year. That's all. Either parity will happen or won't. Not much 500-600 pips. That's it.
EURUSD
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frx_trader replied Mar 1, 2017When there is no risk. There is no reward. Remember, In the real world, FX is not counting pips. And the spread can be 10 folds compare to FX trading. Moreover, cold war is over. What remains is race to the bottom, and beggar thy neighbor. ...
Since when is London the crappiest trading session?
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frx_trader replied Mar 1, 2017Currently 1.052 is an ultra strong support. It needs a strong down move to break it. I think it will break sooner or later. EU will go down to parity. But, EU may go up atm. And find the right time to break it.
EURUSD
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frx_trader replied Mar 1, 2017IMO, Asian session is usually one way street till 12 am Tokyo time. I think it's because nobody wants to be against what is trending. And there are only light data. Asians usually think I share your profit. And you share my profit. So there is no ...
Since when is London the crappiest trading session?
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frx_trader replied Mar 1, 2017Gee. I lost 700 pips in 1-2 days. when Gold dropped from 1330 to 1260. It continued to drop to 1160. I now will not trade it for awhile.
Since when is London the crappiest trading session?