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frx_trader commented Dec 5, 2013EU is bullish, we will see 1.38 next year. Don't trade with your ego. Gold will be 1400.
Economy in U.S. Expands at 3.6% Rate on Bigger Inventory Build
- frx_trader commented Dec 5, 2013
It's better to have half-full hope than empty hope. Not talking abt UK.
UK Autumn Forecast Statement
- frx_trader commented Dec 4, 2013
That's it for today guys, Gold hits my target 1235.80. Have a good day.
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- frx_trader commented Dec 4, 2013
A word from a trader who have lost 4 accounts : "Keep selling Gold, you will meet your doom".
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- frx_trader commented Dec 4, 2013
It's unclear now. Just watch the market. That's all I have to say.
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- frx_trader commented Dec 4, 2013
I will tell later, i have some positions.
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- frx_trader commented Dec 4, 2013
Market likes the number, Gold will go to 1300. I think.
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- frx_trader commented Dec 4, 2013
They missed a good chance to taper in September when it was already acceptable by the market. It's wrong for them to taper in December. Now they should wait till June. Market is not ready to accept any taper in March.
Sturdy jobs report eyed, may put December Fed taper on table
- frx_trader commented Dec 3, 2013
Right, it will go down, and it can also go up. It's FX.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
TraderPablo, Losing accounts happens everyday, there is nothing to be afraid of. If you want safety, putting your money in the bank is a lot safer than going into FX.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
111ForexGuru, So, you know all of this and you think Forex is bad, but you try to be 0.01%.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
I think you miss the point or miss everything.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
Most traders lost their accounts within a year. I had 4 accounts closed within a year. I come back. I have not been successful. It doesn't come easy.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
I should have avoided that pair. I had bad experience with it. Unaware, I bet on it, and it's a bad one. I kept thinking why I pick it without analysis. This should be the last one.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
Now, I can sleep right? I have lost sleep due to holding on loses that almost closed my account. It U-turned and cut lost to very small lost.
3 Common Hurdles New Forex Traders Often Encounter
- frx_trader commented Dec 3, 2013
Wait till inflation is 3-4% then ppl will buy gold.
Gold Bears Persist as Prices Near Year’s Low on Fed
- frx_trader commented Dec 3, 2013
When economy is slow, and inflation is low, gold is something to blow. (read: negative inflation aka deflation)
Gold Bears Persist as Prices Near Year’s Low on Fed
- frx_trader commented Dec 3, 2013
Thanks Exodus. I thought he used aggressive method to upturn economy. He needs to be patient.
After massive economic stimulus, BOJ under pressure to do more
- frx_trader commented Dec 3, 2013
111ForexGuru, is it you are a better trader than him? Maybe you should be the speaker there.
A Rare Market Wizard Speech: Marty Schwartz at Amherst College 2013