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frx_trader commented Jan 31, 20136 months of up candles, maybe 4 more to go to 1.42 - 1.46.
EUR/USD through 1.3600
- frx_trader commented Jan 31, 2013
NFP should worth 150 - 200 pips up or down.
EUR/USD Setting up a Consolidation Range for a Breakout Trade
- frx_trader commented Jan 31, 2013
"mens sana in corpore sano". train your body, do some exercises to think clearer.
3 Ways To Reduce The Impact Of Emotion When Trading
- frx_trader commented Jan 31, 2013
Thanks for giving me some clues on market reaction.
EUR/USD: Trading the US Non-Farm Payrolls
- frx_trader commented Jan 30, 2013
LOL, coz they think it's good for them.
Europe's next challenge: A strong euro
- frx_trader commented Jan 30, 2013
Either the currency war ends or ECB joins it.
Europe's next challenge: A strong euro
- frx_trader commented Jan 30, 2013
Just what the market expected, nothing of surprises.
FOMC Statement
- frx_trader commented Jan 29, 2013
Quote: "Time is no longer on China’s side. It must act now." It rises fast, too fast. An overshoot. It has to slow down a bit. 1-2 % drop to 4-5% in growth is still healthy.
The Limits of China’s Consumer Revolution
- frx_trader commented Jan 28, 2013
welcome. my 2 cents. Don't trade just based on some news. Try to see the bigger picture. There is no pure traders based on fundamentals. Mixed it up with technical and sentiment. Experience is the best teacher in trading. GL.
China optimism helps boost business confidence in Australia
- frx_trader commented Jan 28, 2013
This is just a piece of news. It may cause temporary increase. The market is something bigger.
China optimism helps boost business confidence in Australia
- frx_trader commented Jan 28, 2013
That's their choice, their money. so u don't have the right to tell them anything.
7 Steps to Becoming a Great Trader
- frx_trader commented Jan 28, 2013
I don't mind reading ppl posts either they provide insights or not. But calling ppl names, isn't it a bit outrageous? Traders just have different methods suitable for themselves. Moreover, traders may be good only at a few methods that they know ...
7 Steps to Becoming a Great Trader
- frx_trader commented Jan 27, 2013
Only 1 step : Make profit, hopefully a big one. I think most have misunderstood about fundamentals. Fundamental is different from fact or news. Fundamental might say in a time of recession, USD index goes up, Gold down. News : US unemployment goes ...
7 Steps to Becoming a Great Trader
- frx_trader commented Jan 26, 2013
But Japan unemployment is low. So what will inflation do?
Japan minister: not trying to weaken yen, central bank
- frx_trader commented Jan 26, 2013
Now look at GBP, AUD and NZD. Any sign of recession, boom GBP goes down 1%. Gold goes down becoz of risk on and low inflation. Those are some explanations which don't warrant anything in the market. Don't take anything for granted.
Japan minister: not trying to weaken yen, central bank
- frx_trader commented Jan 26, 2013
Japanese market is weak, so is EZ. But look, it's unbelievable in these weak markets, Euro keeps rising, so was JPY until they announce stimulus. I find it quite extraordinary that there is some correlation that DJ goes up, USD goes down. So, pls ...
Japan minister: not trying to weaken yen, central bank