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frx_trader commented Mar 24, 2015FOMC lack of direction has resulted Market guesses that FED hesitates on rate hike. So FED is on defensive, market moves against USD.
US Consumer Price Index - February 2015
- frx_trader commented Mar 24, 2015
I think lots of SLs have been taken out on FOMC day. So, market is slow. Besides FOMC doesn't if rate hike will be done this year or June. So, market is kind of guessing. Wait for FED to speak up.
US Consumer Price Index - February 2015
- frx_trader commented Mar 24, 2015
It's called ranging market. FOMC has been unclear of direction.
US Consumer Price Index - February 2015
- frx_trader commented Mar 23, 2015
There are not many ppl who knows LKY. I don't either, and I don't give a damn. Why? Maybe he is not one man show. Maybe he never said something that made ppl look up to him. And Singapore? Not many ppl know where it is. 20 yrs ago, my friend visited ...
How Lee Kuan Yew made Singapore the most prosperous, efficient, and quirkily repressive...
- frx_trader commented Mar 23, 2015
I think Singapore years are numbered. No, I don't mean there will be crisis. As a Switzerland in Asia, she attracts funds from SE Asia and China, especially in the years of Asian crisis.
How Lee Kuan Yew made Singapore the most prosperous, efficient, and quirkily repressive...
- frx_trader commented Mar 23, 2015
GU: S 1.4760, R 1.4950, Pivot 1.4850-1.4860
Intraday Outlooks For EUR/USD, USD/JPY, Gold, Oil - SEB
- frx_trader replied Mar 21, 2015
Now, MMs are in control. USD is still bullish, yet only a few have the courage to short, many stay out. Hence I would think AU continues upside to .79. Disclaimer.
AUD/USD
- frx_trader commented Mar 21, 2015
Now, MMs are in control. USD is still bullish, yet only a few have the courage to short, many stay out. Hence I would think AU continues upside to .79. Disclaimer.
Technicals on forex majors still developing again but the DAX remains bullish
- frx_trader commented Mar 20, 2015
See there is no spike on GU and AU. Most SL's have been taken out on FOMC nights. So, It's rather flat from here, until some build up SL's again, either long or short.
Technicals on forex majors still developing again but the DAX remains bullish
- frx_trader commented Mar 20, 2015
Today, Have made several trades. All come in with profit. Well, I got to admit, I have some pending. But they are new trades just 4 hrs ago. All trades older than 4 hrs have been closed.
Technicals on forex majors still developing again but the DAX remains bullish
- frx_trader replied Mar 20, 2015
For short period of time, keep watching. AU support .7650. GU support 1.4760. EU support 1.0680. Happy Trading.
EURUSD
- frx_trader commented Mar 20, 2015
For short period of time, keep watching. AU support .7650. GU support 1.4760. EU support 1.0680. Happy Trading.
Fed's rate hike 'baby steps' could backfire: Economist
- frx_trader commented Mar 20, 2015
When Germany wants to exit why blame Greece for staying?
Schaeuble Expects Greece to Exit Euro Single Currency: Bild
- frx_trader commented Mar 20, 2015
Meaning Germany will exit when Greece stays. Good job Schaeuble shouting the opposite.
Schaeuble Expects Greece to Exit Euro Single Currency: Bild
- frx_trader commented Mar 19, 2015
Well, politicians and bankers and all those things including robots, etc are participants of the market. Manipulation can occur when it is allowed. To function as a market? To be right as a market? Are you talking about philosophy or practice? In ...
I was at the Fed meeting on Wednesday, and I think the market got it wrong
- frx_trader commented Mar 19, 2015
Wonder if you have ever heard market up or down. It's all market movements.
Dollar fights back after Fed drives it down
- frx_trader commented Mar 19, 2015
Not clear yet. USD is still bullish, there has been nothing negate that so far but FED statement and Yellen. So, trade carefully. Market is still digesting data and news.
How Europe’s Easy Monetary Policy Crossed the Atlantic
- frx_trader commented Mar 18, 2015
I believed you, but no more. Here 30 hrs ago, you called short below .7700. And you said it's not a risk. Post #17. url And I quote: I don't care how you trade. But you have given ppl false signal. I have warned you and others, that it was high ...
Fed Drops ‘Patient’ Stance, Opening Door to June Rate Increase
- frx_trader commented Mar 18, 2015
A good day is a good day. Good night
Federal Reserve: No Patience Does not Mean Impatient
- frx_trader commented Mar 18, 2015
The market reaction is quite reasonable. It's a retracement. USD up trend still intact atm. USD is overbought. It needs refreshment. I say atm. I don't know about the future. So trade your chart. Don't worry about the FED.
Federal Reserve: No Patience Does not Mean Impatient