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frx_trader replied Sep 9, 2016I don't think there is a unified basic rules. But this is from babypips. url
Cable Update (GBPUSD)
- frx_trader replied Sep 9, 2016
8 weeks in a row. It has not broken the range of 1317 - 1347. EMA 20 is above 1300. EMA 52 is closer to EMA 200. EMA 200 is flat ar about 1265. ( I get different reading on MT4. EMA 200 is @ 1240. And EMA 52 has crossed EMA 200) I don't why my ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader commented Sep 8, 2016
Actually I reduc my lots. Thanks for the advice. We'll see how today market reacts.
ECB Monetary policy decisions
- frx_trader commented Sep 8, 2016
I don't know how good or bad EU econ is atm. But the news keep talking about how crumble the econ. So, I just tune in on news. So, Draghi statement is very important for more information.
ECB Monetary policy decisions
- frx_trader commented Sep 8, 2016
So EU 1.15? That makes sense.
ECB Caught Between a Rock and a Hard Place
- frx_trader commented Sep 8, 2016
GS raise it to 55%, then 40%. Looks legitimate to me
Goldman Cuts September Rate Hike Odds To 40%, Just Days After Raising Them To 55%
- frx_trader commented Sep 8, 2016
Agree. Whatever they do, EU will go down
ECB Caught Between a Rock and a Hard Place
- frx_trader replied Sep 6, 2016
Don't try to sell when there is no sell signal.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Sep 4, 2016
If you have any doubt about this pair, then close it. It doesn't make sense to hold if you don't know where it will go. But if you are trading according to your strategy, and your strategy seems doesn't work for this pair. Then close it. Yes, you ...
Dragon Riders GBP/JPY
- frx_trader replied Sep 4, 2016
Depends. If you have the capital to hold it, then hold till US rate decision. It's not going anywhere before rate decision Close it on the day of rate decision. Whatever loss it is.
Dragon Riders GBP/JPY
- frx_trader replied Sep 3, 2016
Let's see from fundamental. US election is an uncertainty event that will keep Gold supported at 1300. The rate hike may not necessary make USD to be strong. But it certainly cause holding Gold more costly. So Gold could decline vs USD. But not ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Sep 3, 2016
I think BOJ will pause intervention next week. BOJ would also like to see how the market reacts to 104. It's time to stay away from this pair. It's too much intervention and speculation. Not good for retail traders.
USD/JPY Discussion
- frx_trader replied Sep 3, 2016
Here is weekly chart. Show some bullishness. RED : EMA 20. Blue :EMA 52. YELLOW: EMA 200. EMA 20 has crossed EMA 52 in Feb 2016. EMA 20 has crossed EMA 200 in June. EMA 52 is about to cross EMA 200. As long as 1300 holds. It will rise to 1380-1400. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Sep 3, 2016
Sell at 1140 if it gets there. And it is likely to get there.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Sep 2, 2016
BOJ intervention is in play. And I was caught in it. Then I decided to close all shorts.
USD/JPY Discussion
- frx_trader replied Sep 2, 2016
EU, I mean Merkel, plan to punish UK is a wrong move. Without UK, EU is weaken considerably. OTH, UK gets blessing in disguise from its weakened currency. Now, everybody realize UK is very important to EU. BOJ and Abe is planning to weaken their ...
EURUSD