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frx_trader replied Aug 29, 2016It's just a prediction. Sometimes good, sometimes bad. Where does it go? The right question is. How to trade? Buy 102.30. TP :102.80 SL : 101.80.
USD/JPY Discussion
- frx_trader replied Aug 28, 2016
I praise Geppy on his trade instinct. But, his execution is very poor. Had it not for his grudge and emotion, maybe he could do better. But his emotion get over him, so he can't think straight. He just wants to prove he is right. Well, in trading, ...
Geppy vs. GJscalper - a duel to the death!
- frx_trader commented Aug 27, 2016
Maybe by prosecuting him, government credibility can be restored. No, China credibility is still low.
The Man Who Fabricates China's Econ Data Was Arrested For "Selling Power For Sex" And "Lacking...
- frx_trader commented Aug 27, 2016
Ah all data is fabricated. Not only in China. China is so backwards. Remind me of the time of Harakiri in Japan.
The Man Who Fabricates China's Econ Data Was Arrested For "Selling Power For Sex" And "Lacking...
- frx_trader replied Aug 26, 2016
It doesn't matter. We'll see 102 sooner or later.
USD/JPY Discussion
- frx_trader commented Aug 26, 2016
There will be rate hike in September. But USD will be probably down after the hike. It will be another year for another hike. Seeing today USDX. Rising less than 1%. Not that strong.
Fed's Fischer: Yellen Speech Consistent with Possible September Hike
- frx_trader commented Aug 26, 2016
Guess what. Gold, silver is up. And the winner is Bitcoin. Up .80%.
Fed's Fischer: Yellen Speech Consistent with Possible September Hike
- frx_trader commented Aug 26, 2016
Smart move by Yellen. She definitely will not bring negative rate to US. Negative rate is very toxic to economy. It likes economy black hole. It brings down economy, and can't get out of it.
Fed Chairwoman Janet Yellen Sees Stronger Case for Interest-Rate Increase
- frx_trader replied Aug 24, 2016
Take your time. Current indicator is good and more than enough. It depends on how people interpret the data.
Simple Correlation Indicator System
- frx_trader commented Aug 24, 2016
There is a lot to debate at this point. Yes, if the rates rise too much so that it affect consumer spending. No, if the rates rise gradually. Yellen and FED are cautious to raise rates gradually while maintaining GDP.
Yellen to say ‘ready’ for another rate hike in Jackson Hole
- frx_trader replied Aug 24, 2016
If I were you. I do what people say. Should hedge atm. Wait and see, if price bounce up above 1330.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Aug 24, 2016
If you are new to trading, Don't use big lot. Use micro or demo account. Newbies think trading is easy. It's not, you have to watch out carefully.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Aug 24, 2016
What I mean is. Sellers overpower Buyers at this point. If the price reach 1335, Buyers will jump in and push the price higher. But we will never know.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Aug 24, 2016
It's unclear atm. 1330 has been broken. Right now sellers are in control. Buyers should wait 1335.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- frx_trader replied Aug 24, 2016
Yes, earthquake. Europe GDP will be down. Tourism will be affected.
EURUSD
- frx_trader replied Aug 23, 2016
Yes, not quite GBP weakness. But USD strength. GU will be good to sell @ 1.3228 GA and GJ, I don't now. Because AUD is also weak because of oil price. JPY weak because of Abenomics.
Dragon Riders GBP/JPY
- frx_trader commented Aug 23, 2016
Me 20 losing trades in a row.
Why Your Trading Strategy Is Still Good After 10 Losing Trades