Trump don't like strong USD. Yet he want corporate USA to repatriate all their overseas profit back to US which mean these corporate has to buy USD to bring back their overseas profit. What a contradiction. Perhaps he is the smartest guy in the room ...

Trump’s presidential desk has a tiny red button that he presses to order Coke

The problem today is that the market and so-called experts has all forgotten how and why the current extremely accommodative monetary policy are there in the first place. It is put in place as an _extraordinary_ crisis measure to stem the bleed from ...

Fed to signal rate-hike plan in place despite soft economic data

Fair to say, the market may not be rigged (my personal opinion), but it can be manipulated at certain period (like quiet hours with low volumn). The market may not be rigged but the trading platform of the broker can be rigged (e.g. widening spread ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

Which year and by how much? The Dollar rally everyday at a few hour (candles) for a few pips. That is a given without fail. The million dollar question is when exactly AND by how much. By now, you probably be thinking that the question of ...

US Gross Domestic Product: 1st Quarter 2017 (Advance Estimate)

There is one simpler solution: No reduction of the 'opportunities for misconduct' will outperform the efficiency and effectiveness of the reduction of the 'intent for misconduct' through a tough legislation and much heavier punishment for such ...

A group of the world's biggest banks backed an alternative to Libor – reducing 'opportunities...

Err.. isn't that what we traders are doing right now? We may not be as capable as BIG fund manager in terms of capital size, but in terms of behaviour, we similarly mini-dump a few thousand bucks to short and to make a few thousands from long as in ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

That is not the contention because we are not talking about zero taxation. The contention is whether the taxation is excessive. Soldier, police, judge, teachers still get paid. Their salary are acceptable because they are not drawing multi-million ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

Can't argue with that really. It cannot be wrong. Question is when is that going to happen? Next month, next year, or next century? Everyone is right when they state their opinion, only that they leave out the date and time which it will occur. Just ...

US Gross Domestic Product: 1st Quarter 2017 (Advance Estimate)

I understand what you are trying to say. You are pointing to the consistency factor. It does not matter that you are in the winning 20% this year and yet go down into the losing 80% for the next 3 years. The one who are consistently sticking with ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

If you can trade for 10 years and not lose money (even though you may also not make any money), I guess you are already the top 10 % of the traders. Not too bad. Before one can fly, one need to learn to walk. Start by not losing money ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

I take on a different view from you. Big money trade in the 1st and 2nd decimal place, small money trade in the 3rd and 4th (and even 5th) decimal place. If you are trading in the 1st and 2nd decimal place (in band of 1000 pips), its probably more ...

Euro area annual inflation up to 1.9%

Damn, I think you just let out the secret to the world. Now this method will not work anymore. I think its time to move down to the 1 min chart. BTW, any brokers out there offer sub-1 min chart? As in 10 sec, or 5 sec chart? You know just in case we ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

First they need to fix the driverless technology ON THE GROUND to the point of flawless and being able to win the absolute confidences of the customers and accepted as the mainstream de-facto standard. Until that happens, its like wanting to fly ...

The Commute of the Future Will Be Driverless, Flying and Electric

I don't believe market is rigged. There are no fixed odds in the market unlike Casino. Casino is rigged, but it is hard to believe that the market is. Retailed traders are just out-played because they are under-capitalized and take on more risk than ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

Poland traders are good. 20% of them earn money. If the saying is such that only 1% of traders earn consistent profit, then Poland traders probably constitute a large number of that 1% top traders in the world. Moving to Poland NOW. Just a parallel ...

Poland tightens requirements for forex brokers as 80% of retail traders lose money

Lol ... the German seems determined to sabotage ECB efforts. I wonder what is the reason behind all these?

German Economy Ministry Warns Against Some Euro-Area Bonds: HB

Also look at the interest rate differential path. USD vs other Major currencies' interest rate differential path carries a substantial risk to be widening going forward. Fed hinted at reducing its balance book at end of the year. This to me is the ...

The US Employment Situation - March 2017

It is not a bad report. It reflect a continuous steady labor growth in the market: we have a beat of close to 60K in Feb 17 report and a beat of 40K in Mar 17 report, for a total of 100K beat in the 2 month prior. Today's miss of 80K more or less ...

The US Employment Situation - March 2017

/facepalm Quote: ""Consumer confidence increased sharply in March to its highest level since December 2000 (Index, 128.6)," . url That is the highest level in 17 years. US confidence fade? /doublefacepalm

USA confidence fades, EUR fortunes rise, AUD angst builds

Forget about all these noises. Focus on the fundamental. Eventually the fundamental will prevail. But such noise often whipsaw the market in the couple of hundreds of pips and most retail traders will not survive these couples of hundreds of pips ...

ECB's Lautenschlaeger says should prepare for a change in ECB policy