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frx_trader commented Jan 17, 2015Jordan is a joker, F*k him! Don't tell me he didn't know what will happen to the market. '•It was necessary to surprise the market;' -> For personal gain.
SNB’s Jordan: Market reaction has gone too far
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frx_trader commented Jan 17, 2015For me, it's Euro that was peg to SFR. Swiss is a small country. It's GDP is less than 1/5 of Germany. About 1/25 of US. Why is SFR traded heavily?
Citigroup Said to Lose More Than $150 Million on FX Turmoil
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frx_trader commented Jan 17, 2015It's understandable that SNB cannot hold the peg any longer. But the decision Shocks and Chokes the market. What will happen next? Will there be any measure taken to ensure information is conveyed across the market? Well, Swiss is small country. How ...
After Swiss Shock All Eyes on China and ECB
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frx_trader commented Jan 15, 2015UJ neutral. wait for break.
Margin Calls? EURCHF Breaks Back Below Parity
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frx_trader commented Jan 15, 2015Don't assume anything. Don't predict anything. Trade PA only.
SNB’s Jordan: lowering interest rates will mitigate effects of decision to end cap on franc
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frx_trader commented Jan 15, 2015Wonder why does something big always happen on Thursday? I hate trading on Thursday. Always will hate it.
Swiss National Bank discontinues minimum exchange rate, lowers interest rate to –0.75%
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frx_trader commented Jan 15, 2015When UJ suddenly retreats, you know something is very wrong.
SNB’s Jordan: lowering interest rates will mitigate effects of decision to end cap on franc
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frx_trader commented Jan 15, 2015Had a hunch something big tsunami was on the way. Closed all positions 1 hr before this happened.
Swiss National Bank discontinues minimum exchange rate, lowers interest rate to –0.75%
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frx_trader commented Jan 8, 2015Easy to talk, hard to be done. When part of the country financial sovereignty has been surrendered, there is not much room to move. Certainly, Greek can't do as any other countries, i.e. to devalue Euro as the country currency. So, it's logical that ...
Here’s one road map for a Greek eurozone exit
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frx_trader commented Dec 31, 2014The catch : Once in EZ, they are not allowed to leave. Sounds like they've bought themselves a life prison ticket. GL.

As Lithuania Joins Eurozone, Relief and Hesitation
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frx_trader commented Dec 30, 2014Why is a bottle of wine so expensive? More than USD 20.
Australia's wine 'cheaper than a bottle of water'
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frx_trader commented Dec 27, 2014I think you all have valid arguments. Back to the topic: true wealth. It can be physical or spiritual. I would say it's the latter. Intellectual is true wealth. So are good health, good family, good neighborhood and environment, etc. But they are ...
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014Oh, there is one more. 4. Corruption.
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014This is it: "True wealth is derived from learning how to "make" money, not "work for it". you put quote on "make". What do you mean? You can answer it. But my impression is : If you don't work, but you make money, it's either of these: 1. Selling ...
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014You can't spend what you don't have. Don't spend any money, but enjoy your life.
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014BS. And you know it's BS.
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014Michael, let me ask. Supposed, a man live 100 yrs, and he works 80 out of 100 yrs. So, does he or does he not have any wealth? Is he poor? So what is your definition of wealth? Because I am very curious to know and learn.
10 things rich people know that you don’t
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frx_trader commented Dec 26, 2014WTF, you have no right to vote in other countries. What are you that you think you can say things like that?
Rajoy Raises Spain's Minimum Wage 0.5%
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frx_trader commented Dec 26, 2014Indeed. Japan and EZ are the most depressed countries atm. I can't even choose which of them is the more depressed. But at least EZ has Germany on their side. So, I would say it's Japan.
Japan's Aso: Can't say which is better - weak Yen or strong Yen
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frx_trader commented Dec 23, 2014Steven maybe thinks of EAZ (Euro AUS Zone) or JAZ (JPY and AUS Zone) and discards toilet paper AUD.
RBA Frustrated as Weaker Aussie Goal Thwarted: Australia Credit