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frx_trader replied Aug 2, 2016July gap has been closed. Time to go to 105. I guess.
USD/JPY Discussion
- frx_trader replied Aug 2, 2016
Don't forget FED has one more rate hike this year. For now, it might go to 1.78. But not sure.
AUD/USD
- frx_trader replied Aug 2, 2016
I see your TE. Seems you are not doing well. My advice is: forget about indicators. What you need is only 2 or 3 EMA indicators. That's more than enough. I only use 2 indicators. Because I am a daily trader. I.e. 20 and 52 EMA's. That's enough.
USD/JPY Discussion
- frx_trader commented Aug 1, 2016
Good comment from Aso. No comment can be the best comment.
Japan finance minister Aso: No comment on FX levels
- frx_trader commented Aug 1, 2016
If trading was mostly psychological wouldn’t a meditation instructor make a great trader? No, but meditation helps. Meditation can give calmness and patience. So that traders are not so anxious that can cause mental breakdown. Trading psychology is ...
Trading psychology is not as important as you think is it – a mental coach explains
- frx_trader replied Aug 1, 2016
Let's see US ISM data. For now, I will sell any rally especially above 1.33.
Cable Update (GBPUSD)
- frx_trader commented Jul 29, 2016
They need a super strong JPY. Before eventually cut interest rate instead of QE. They know .05% or .10% rate cut will do the job. Hence no money is spend.
USDJPY Crashes Below Support on BoJ Disappointment
- frx_trader commented Jul 29, 2016
Sorry, but they don't need calculators. They need dice to roll.
US Admits It "Found A Problem" In Calculation Of GDP
- frx_trader replied Jul 28, 2016
I will wait for Japan report tomorrow. There are many things that can go wrong.
Geppy's Geppy Thread (GBP/JPY)
- frx_trader replied Jul 28, 2016
I will wait for Japan report tomorrow. There are many things that can go wrong.
USD/JPY Discussion
- frx_trader replied Jul 27, 2016
105.50 is the pivot. So wait for break out. XMA 20 and 52 on 4 Hrs chart. Post # 4053 to 4056. url
USD/JPY Discussion
- frx_trader commented Jul 25, 2016
Maybe Japan's economy is like a Sumo fighter. They have lots energy but can't run fast enough. BTW, I don't know how fast a Sumo fighter can run.
What’s Wrong With Japan’s Economy?
- frx_trader commented Jul 23, 2016
I thought there is no gun in Europe. My mistake. Maybe in Europe, Good guys are not allowed to carry guns. But bad guy is allowed.
'Shots fired' in Munich shopping centre, German police deployed
- frx_trader commented Jul 22, 2016
Theresa May is a newcomer in politics. That's why she picks Boris Johnson to be the foreign minister. Merkel and Hollande are very strong pair. Especially Merkel. She is not a forgiving person. Boris Johnson will face these two devils. I have done a ...
UK economy contracts at steepest pace since early-2009
- frx_trader commented Jul 22, 2016
While Trump will Make America Great again. Merkel and Hollande are trying their best to destroy Europe with Free Migration. By flooding Europe with migrants.
The Failure of Free Migration
- frx_trader commented Jul 22, 2016
Carney certainly likes this number. GU declines. So that he would not have to do anything.
UK economy contracts at steepest pace since early-2009
- frx_trader commented Jul 22, 2016
Wow. If this is true, EU should be at 1.26. Question: Why is EU at 1.1? And keeps declining? And Draghi should have raised the rate. Certainly there is no Logic. Just some number pulled from the sky.
German economic growth accelerates at the start of third quarter