Some news actually travel at snail's and tortoise's pace. Here is an example above. A breaking news of 2 years back is being told today. result : No Effect on Markets. To all new and amateur traders: Europe was in its worse crisis at that time where ...

Merkel tried to bounce Spain into IMF bailout - ex-PM

Whether it is true or not , we can't be sure. The best thing to do now is continue our own trades. the pairs we know and the pairs we analyze. Lets not jump into things that our charts don't show us. I have never traded S&P and hence don't know ...

Goldman Reveals First Two "Top Trades" Of 2014: Buy S&P, Short AUD

Had Draghi said this, then definitely Euro would go more down instantly. But this was said by Hansson , hence not that much of an instant effect. However US open and Europe close will give a clearer picture. Lets wait and watch.

ECB's Hansson says ready to cut interest rates further

We have been hearing about the negative rates policy implementation more than a year back. It will be implemented. When?? Its more than a year now. Spain , Italy , Cyprus ,etc all have been bailed out with huge LTRO and that too without implementing ...

ECB's Hansson says ready to cut interest rates further

So if you are ready to do it then why not do it instead of just making statements and creating a lot of market hype. We know ECB is desperate to get the Euro down. Lets see what more you can do?

ECB's Hansson says ready to cut interest rates further

Nothing new here. All retail traders would get their Stop Loss hit. It may go a little higher up before finally descending down. These are the pain areas that one must overcome to succeed in this market.

USD/JPY clears 101.50 barrier, stops go off

Its quite a laugh that big players like banks are trading for 100-150 pips. I very much doubt how genuine such figures and data are. I am a small retail trader and my targeted average profits in terms of pips is over 200 and I have been quite ...

Who Are Still Long USD/JPY & Where Are Their Targets & Stops

What is said above is that traders act on maths. To be specific , it is law of probability. This also is speculation but a sort of calculated speculation. Success and profits are the only measurable tools to determine which is more important ...

Lower Volatility In Currencies Favors Traders Over Speculators

All this while , China was concentrating on population control. It was over successful and now it seems to actually become a problem. lets see how they overcome and control this problem.

What China will become in less than two decades

There are many trends visible inside other trends. eg of EURUSD daily chart . If you plot the Exponential Moving Average trend of 365 weeks you see that it is a very gradual downward slope (down trend). However if you plot the Exponential Moving ...

EUR On The Road To Nowhere Fast

Just like there are two sides to a coin in the same way human behavior has 2 sides. One is the cool , calm and controlled behavior which is displayed while trading in the markets (professional conduct just as displayed in any office or work place) ...

ECB can take further action if necessary: board member Asmussen

I am definitely not an expert in fundamentals but in my opinion I don't think that TAPERING will happen in this December. I may be wrong as this is a very uncertain market and anything can happen anytime. The reason why I think so, is Bernanke will ...

Diverging Dollar Performance Set to Continue

Go Ahead ECB. Implement any policy changes. The Euro is not only controlled by central banks but also by many other BIG players. We retail traders also form a very small part of this movement. So lets see who wins in short term and long term. All I ...

ECB rates to remain low, could be cut further: Coeure

There are 2 types of traders in the market. One who are short-sighted and look for small baby pips in a very short time. The other being more seasoned are long sighted and look for huge giant pips over a longer period of time. Patience , ...

ECB can take further action if necessary: board member Asmussen

There are two sides here. One with trades being short , the other with trades being long. Its quite confusing for newbies and amateurs. They haven't a clue of what to do. Whether to short EURUSD or long it. Confusing.Confusing??? Well ,I will give ...

ECB can take further action if necessary: board member Asmussen

Being rich and thus trading , cannot get you success as your assets does not form even 1% of this over $5 trillion market. Its only trading strategy or tie up with market makers that can get you success. Investors and subscribers of ...

The Rich Make Bad Investments Just Like You and Me, Sort Of

Listen to the news but dot take advise from any market maker. When I was a kid I remember a story about Wolf.Wolf. There was a shepherd you used to play pranks with his village people. Now and then he would come running to the center of the village ...

Time To Sell EUR/USD; Stay Long USD/JPY - BofA Merrill

There are rules for success in every field. If you go fishing you know very well (if you are old fisher) that you can't fish in noisy environment. So you have to choose a quiet place and still waters. Then only you can get a good catch. Knowing the ...

EUR Moves Not Just On Words

I am also with LG with 5 long positions right between 1.3610 - 1.3300. Initial target of 1.3850 where I will close 3 long trades and put a trailing stop of 950 points(95 pips) to the other 2 long trades. If 1.3900 is breached then will close other 2 ...

Draghi - Opening speech at the European Banking Congress “The future of Europe”

Never under-estimate the POWER of a COMMON MAN. This is what happens when the general masses get frustrated and unite to implement their welfare policies. This needs to be done in all parts of the World. Lets hope that someday every country can do ...

Swiss electorate to vote on executive pay curbs