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frx_trader commented Sep 6, 2012As you said, it's almost the same as trending approach. Every techniques has its drawback. A techniques work for one may not work for others. Sticking to a plan is essential.
Draghi's bond plan: unlimited sterilised purchases but is to refrain from setting public yield...
- frx_trader commented Sep 6, 2012
What do you expect? It's soap opera.
Mario Draghi's Big Moment, Continued
- frx_trader commented Sep 6, 2012
yeah, just unlucky with this pair. for now, i wd better stay out of it. It's a warning that i m wrong with it.
Australia Labor Force - August 2012
- frx_trader commented Sep 5, 2012
I have been beaten twice in a row by AU. I will leave this pair alone for now. My conclusion is this pair is not in "phase" with EU. What make it ticks is still secret to me.
Australia Labor Force - August 2012
- frx_trader commented Sep 5, 2012
A solution exists, but why would they need it? They have the "master and slaves", and interesting toys. And somebody somewhere can get a doctoral degree writing anything about it. Just wonderful.
Greece Needs to Leave Euro: Prominent German Economist
- frx_trader commented Sep 5, 2012
They need a doctoral thesis to say the obvious. What a waste. ( I don't really mean it, but it's so funny).
Greece Needs to Leave Euro: Prominent German Economist
- frx_trader commented Sep 5, 2012
Keep it simple, forex is buy and sell among buyers and sellers. Anything else would be excessive.
BBG: Merkel Says She Opposes Unlimited Bond Buying
- frx_trader commented Sep 5, 2012
Anybody notice that USDCAD stuck in 98xx-99xx range for almost 1 month?
Canada Keeps 1% Key Rate With Language On Future Increase
- frx_trader commented Sep 5, 2012
backs with what? lol. Where's the beef? "Ronald Reagan"
Merkel now says she backs Draghi AND Weidmann
- frx_trader commented Sep 4, 2012
I am not a long term trader, just a daily one. I don't have long term visibility, just daily sentiment. But, thanks for giving me some insight.
EUR/USD Stops Touched Below 1.2550 Support
- frx_trader commented Sep 4, 2012
Suddenly market is quiet, you can hear a pin drops.
Manufacturing ISM Misses, Third Month In Contraction Territory; Biggest Miss In Construction...
- frx_trader commented Sep 4, 2012
Probably? Seems too familiar.
Manufacturing in U.S. Probably Stagnated Amid Global Slowdown
- frx_trader commented Sep 4, 2012
Come on, babe. Give me your 20 pips down. Arigato.
Spain Joblessness Increases for First Time in Five Months
- frx_trader commented Sep 2, 2012
Lord of the Ring: "if you can't do it, nobody can". One thing I learn in trading, it's bad to rely on others to help. It's bad to rely on market to help. It's not to say can't ask for advice. In trading, it's just you and the market. Face the market ...
China Aug official factory PMI falls to 49.2
- frx_trader commented Sep 2, 2012
I am not giving you advice, just telling a story. I have been in a deep sheet. Whatever I did would be wrong. I knew I had to make an important decision. However it was not a convenient one. I had to courage to make it. It's a consequence of my ...
Gold Soars To Near Six Month High As Silver Overtakes Stocks In 2012
- frx_trader commented Sep 1, 2012
Agreed. We shud trade as traders, not as a policy makers. The two don't match. It's better to anticipate what policy makers will or will not do, market volatility. Leave other stuff to policy makers.
Speculators Confirmed The Strength Of EUR Recovery, Turned Net USD Short
- frx_trader commented Sep 1, 2012
If u mean usd index double top, i am sorry, i don't have usd index chart. And my chart reading is unusually off. The closer we are to QE3, the harder it is to read charts.
Bernanke: Monetary Policy since the Onset of the Crisis
- frx_trader commented Aug 31, 2012
Why QE3? Why no QE3? BB speech is dovish, and leans towards QE3. September is already here. USD will fall to bottom and rise again. I m bullish on USD against major currencies. Though Gold may reach record high again above 1850. Trade carefully.
Bernanke: Monetary Policy since the Onset of the Crisis