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frx_trader commented Dec 7, 2013Where is EU going? If you study your chart, 30min, 1hr, 4 hr and 1 day, it's easy to know where EU is going. Especially look at 30min and 4 hr chart. Continuing uptrend is 1.3740, and 1.38. Retracement @ 38.2% is 1.3618.
Europe Week Ahead: EZ IP, German IP, -Trade Balance, UK IP
- frx_trader commented Dec 7, 2013
Unfortunately, many lost traders are good men and women who want the world to be a better place to live. If they were gamblers, they should have known better.
Forex Countertrend Trading With The RSI Oscillator
- frx_trader commented Dec 6, 2013
News is not fundamental. EZ has survived FX of EU 1.46, they will survive 1.42. EU 1.38 is nothing. Many traders trade with ego. Why do I have to tell them this? I have spent 5 years and lost 4 accounts to come to this point. It doesn't come easy. I ...
Forex Countertrend Trading With The RSI Oscillator
- frx_trader commented Dec 6, 2013
It's not one of the usual fridays.
US Jobs Stronger than Expected, but not Enough for Fed to Taper
- frx_trader commented Dec 6, 2013
If US tapers, JPY and Euro become worthless. I don't know if taper is good for US.
The Employment Situation - November 2013
- frx_trader commented Dec 6, 2013
Do you think they will give anything good quality for free? The analysis is freely available for public. And it only has 2 or 3 sentences for each broker. How can a report only have 2 sentences? If they were your employee and handed you this kind of ...
What To Expect From NFP? - Goldman, Citi, Nomura, Barclays, & Others
- frx_trader commented Dec 6, 2013
Heard enuf of taper, but never delivered. Market ignores any taper news.
Plosser: Should Look For Ways To Slow Pace Of Policy Accommodation Given Economic Improvement
- frx_trader commented Dec 6, 2013
It's more probable of 1.38 than return to history 1.35. Anyway, trade carefully.
German Manufacturing Orders Decline in Sign of Uneven Recovery
- frx_trader commented Dec 6, 2013
Nope. Just market likes our pips.
German Manufacturing Orders Decline in Sign of Uneven Recovery
- frx_trader commented Dec 6, 2013
This could be a positive news for Euro.
German Manufacturing Orders Decline in Sign of Uneven Recovery
- frx_trader commented Dec 6, 2013
Could be ppl who regarded JPY as safe haven are switching to Euro.
ECB Watchers See More Easing Coming, But What Kind Of Easing?
- frx_trader commented Dec 6, 2013
Since the release 5 - 6 trillyun JPY JQE, Euro has been flying to the roof.
ECB Watchers See More Easing Coming, But What Kind Of Easing?
- frx_trader commented Dec 5, 2013
I see this as a continuing of market adjustment to the effect EZ lowering its rate to 0.25. Major currencies shift before the end of it.
Webcast of the ECB press conference 5 December 2013
- frx_trader commented Dec 5, 2013
Fed has done 3 QE's+1. Suddenly the effect is finally felt. If you know about discontinous functions, this is just one of them. Either that or these are just extraordinary numbers that will fade away with time. We need to see January data. If they ...
Webcast of the ECB press conference 5 December 2013
- frx_trader commented Dec 5, 2013
This news is just that FF provides it for the readers. Why should it be called fundamental? Do Any textbooks mentioned it?
U.S. factory orders fall on weak aircraft demand
- frx_trader commented Dec 5, 2013
If you think market is wrong, go back and look at Rule No. 1.
U.S. factory orders fall on weak aircraft demand
- frx_trader commented Dec 5, 2013
Rule No. 1: Market is always right.
U.S. factory orders fall on weak aircraft demand
- frx_trader commented Dec 5, 2013
pusing, pening. Liat EU naek terus ke puncak gunung.
Economy in U.S. Expands at 3.6% Rate on Bigger Inventory Build