- Search Metals Mine
- 60 Results (30 Replies, 30 Comments)
-
Trademunity commented Jan 30, 2014The title of the article is a little misleading... it was fraud rather than incompetence that led to his jail term. Although his incompetency in Forex trading (losing money) might had exposed his fraud in a faster manner.
Four years jail for 'incompetent' forex trader
- Trademunity replied Jan 29, 2014
Long USD/CAD for now, since the Fed's additional $10 billion tapering decision is causing USD strength and risk aversion (also USD strength vs CAD) at the same time.
USD/CAD
- Trademunity commented Jan 29, 2014
Sounds fishy... with this pricing changed from fixed to dynamic spreads the traders ended up with larger stop loss slippage. Follow the money...
OANDA US Client Profitability Q4 Decline, Technology or Macro Driven? Executive Response
- Trademunity replied Jan 29, 2014
The Fed's additional $10 billion tapering decision is causing USD strength and risk aversion (JPY strength) at the same time.
USD/JPY Discussion
- Trademunity commented Jan 29, 2014
The FOMC is pretty firm about committing to steady tapering. It will probably take much more pessimistic economic reports to change their course.
FOMC Statement
- Trademunity commented Jan 29, 2014
Tried a long USD/JPY trade at a good probability setup, but got stopped out at break-even. There still indecision, so, will wait again for another setup.
Fed Cuts QE to $65 Billion Pace as Labor Market Improves Further
- Trademunity replied Jan 29, 2014
There is still indecision, price between 101.82 and 102.30, so no trade for now...
USD/JPY Discussion
Will wait for another setup.
- Trademunity replied Jan 29, 2014
Moving my stop to break even at 102.06, just in case.
USD/JPY Discussion
- Trademunity commented Jan 29, 2014
Quoting... "A curb on the balance sheet growth for the Fed is a positive for the dollar in the ‘competitive monetary policy game’ and via yield forecasts." I think the author implies a breakout upward. This is an opinion on the probability side. ...
US Dollar to See a Breakout Regardless of FOMC Outcome
- Trademunity commented Jan 29, 2014
I'm staying out of this during news announcement. Let the dust settle and follow the winners. Best of luck to all.
What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others
- Trademunity replied Sep 8, 2013
Good analysis. My first target is 101, and maybe further to 105.
USD/JPY Discussion
- Trademunity replied Sep 5, 2013
Yes, it seems the Aussie is making a downward correction. What's a good support area to re-enter long again?
Sonic R. System
- Trademunity replied Sep 5, 2013
Thank you for posting this info! Like most people I assumed the big banks and big funds have more power to influence the FX market. It's good to know that the power to influence the FX market is much more distributed.
Another simple system - Time-Frame 15
- Trademunity replied Sep 5, 2013
Agree, I'll wait for price to correct down to around the 0.907 area before thinking about the next move.
AUD/USD
- Trademunity replied Sep 4, 2013
Great trading strategy. The consolidation zone (breakout box) can also be used for range trading, if price action respects the upper and lower limits of the box. Thank you for sharing this method, and kudos to the coders for programming these ...
Extracted Thread (per thread starter's request)
- Trademunity replied Sep 4, 2013
Looks like the Aussie is still in a consolidation zone. It won't go down (or up).
AUD/USD