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frx_trader commented Mar 4, 2015That's not the only question. The other question is when? You mention Friday 24 hours. So you are gonna sit and watch for 24 hours. Good for you, just watching and not doing anything. Hardly any majors moves today, except EUR and GBP vs AUD and NZD. ...
The forex markets are moving
- frx_trader commented Mar 4, 2015
There is no reason GU drops.
Evans: Low Inflation Calls for Patience in Normalizing Monetary Policy
- frx_trader commented Mar 4, 2015
Fail for the 1st time? Try the second one. Still fail? Try the third. etc.
What's Next For AUD Post-RBA? - Views From 15 Major Banks
- frx_trader commented Mar 3, 2015
Who's the house? MM's? You don't make sense! And you run yours for their profit? Everybody runs for their own profit, why are MM's singled out?
Canadian rate cut less likely
- frx_trader commented Mar 3, 2015
Many traders are trapped. They hoped to be able to get out at .7700. And Look economists and FF predicted that there would be a rate cut. And you know what this meant. Since many were short and there were lots of SL's, when price moved up, these ...
Aussie Jumped 0.6% in Minute Before RBA’s Rate Announcement
- frx_trader commented Mar 3, 2015
Is it insured? If it is, then ....
Armed men take $4 million in gold from armored truck in North Carolina: police
- frx_trader commented Mar 2, 2015
Not a lot. 40 pips. By trading AUDNZD, 20 pips SL. It's a good bet. If rate is cut AUDNZD goes up. If rate holds just like what happens, AUDNZD goes up. There is little room for it to go down.
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- frx_trader commented Mar 2, 2015
Stay away from JPY and CHF.
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- frx_trader commented Mar 2, 2015
More than 200 pips spike down on GA. Hmmmm....
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- frx_trader commented Mar 2, 2015
Confusing Indeed. I wish the market were clearer in direction.
GBPUSD: Support in Sight?
- frx_trader commented Mar 2, 2015
Scientists deal with problems, that's why they have more money. Wait, some of them have so little money.
Science confirms that ‘more money’ does indeed lead to ‘more problems’
- frx_trader commented Mar 1, 2015
Science: "More Money, More Problems"; "No Money, No Problems." Fact: "No Problems, More Money"
Science confirms that ‘more money’ does indeed lead to ‘more problems’
- frx_trader commented Mar 1, 2015
Smart move or coincidence with Yellen move on not to hike IR in 2 FOMCs?
China Steps Up Easing With Second Rate Cut in Three Months
- frx_trader commented Feb 27, 2015
A correct move by SNB not to peg to EUR. By introducing negative rate at -0.75, to my calculation, for 50 years of deposit, the return is -31.37%. That means only 68.63% will be received by the depositors in 50 years. Banking services is a need ...
SNB's Moser says franc 'massively overvalued'
- frx_trader commented Feb 27, 2015
It's not so stupid. They profited from high, now they want it low. With high SFR they could buy lots of EUR or USD. With low SFR, they can buy back lots of SFR. Pretty clever I would think of SNB of busting traders.
SNB's Moser says franc 'massively overvalued'
- frx_trader commented Feb 27, 2015
That's why we see record high of equities market. In other words, it encourages risk taking instead of risk aversion. I don't think this is good for conservatives who like to be paid in interest. There is no more interest. And you don't get paid for ...
10 Things to Know About Negative Bond Yields
- frx_trader commented Feb 26, 2015
Sorry, dovish comments. Whatever, see .7850.
AUD/USD - Imminent Breakout to a Form Price Bottom
- frx_trader commented Feb 26, 2015
RBA monitors AUD so that it stays below .80. Market doesn't want to disturb RBA to make hawkish comments. If it rises above .80, RBA will be pissed.
AUD/USD - Imminent Breakout to a Form Price Bottom