- Search Metals Mine
- [Sniper] commented Jun 10, 2011
People often think it is the traders that cause market movement in spot rates when it is central banks and banking institution that cause the rise or fall in this market. Remember that folks when you trade. This is often the number one misconception ...
Trichet Hints Rate Hike Next Month, But EUR/USD Falls
- [Sniper] commented Jun 5, 2011
As one poster already pointed out, the Euro is weak but the US Dollar is worse. Fiat debt-based currencies might be self-destructive in the long-run but if you're a foreign exchange speculator, who cares? If the opportunity presents itself, you take ...
Bernanke Wants a Weaker Dollar, Buy the Euro: Currency Fund Manager
- [Sniper] replied Jun 3, 2011
Got stopped out too. Did you see that price action? Damn, that was fast. Good thing I set mine to 0SL
Central Banks & Big Players
- [Sniper] commented May 27, 2011
You should see the AUD/USD pair on citifx's spot rates, it would blow your mind.
Wow, That Was Quick
- [Sniper] replied May 17, 2011
Already been posted but please keep this in mind when opening an account with FXCM: url And BTW, this came up in February of 2011, so it's not old news. Be careful when planning to put your hard earned money with this broker, I can't really stress ...
FXCM Discussion
- [Sniper] replied May 17, 2011
Anyone notice that this works well when coupled with 1 minute charts? I don't really want to impose any deviation from Tony's strategy but it seems the chances of this working increases when you can really see the trend/direction of the spot prices ...
Central Banks & Big Players
- [Sniper] commented May 12, 2011
I would like to see your billion dollar account for the benefit of everyone sir. And seriously, if you really think that forex is predictable, then by God you should create an economic theoretical model on how the financial world works. You would be ...
Is Forex Trading Gambling?
- [Sniper] replied May 12, 2011
Speculators, banks and traders made the dollar lost 0.3%. No fundamentals there. If you looked at the news, there was nothing of news value to suggest the dollar should fall. Foreign exchange is rigged and only banks, speculators and traders with ...
What's with the US dollar?!
- [Sniper] replied May 12, 2011
Nah, you don't. Let's be honest, you have no idea how scientists actually come up with their theories and you have no idea how economists come up with theirs. Until then, go read a book and educate yourself instead of coming up with quotes and ...
What's with the US dollar?!
- [Sniper] replied May 11, 2011
Until you know what the study of Economics is and how far a cry it is from the real hard sciences, you have nothing of value of add in this discussion. Get back to me once you know the difference between what theoretical economic models really are ...
What's with the US dollar?!
- [Sniper] replied May 11, 2011
Read again: Foreign Exchange trading is exactly that. But I guess you didn't really read through did you? By the way, still think that the widening US trade deficit had any effect on the US dollar spot rate today whatsoever? ROFL
What's with the US dollar?!
- [Sniper] replied May 11, 2011
The spot rates acting on the supposed "fundamental" economic factors is based on trader reaction and sentiment rather than variables following supposed economic models. Let me ask you this, why is the dollar gaining ground in today's news when the ...
What's with the US dollar?!
- [Sniper] replied May 10, 2011
It seems people are forgetting the fact that Central Banks can manipulate exchange rates by buying/selling currencies themselves. As much as people (especially traders and economists) hate to admit it, the so-called "fundamental" economic indicators ...
What's with the US dollar?!
- [Sniper] commented May 10, 2011
My penis is on a bullish run after seeing this.
The Hottest Hedge Fund Wives On Wall Street
- [Sniper] commented May 8, 2011
So what's the impact here? Will this have a negative effect for the Yen or will the currency rebound? The data seems to be mixed enough. EDIT: Production, consumption and exports seems to have slowed down but loan demands for restructuring seems to ...
Minutes of the Monetary Policy Meeting on April 6 and 7, 2011
- [Sniper] replied Jun 3, 2010
Anyone feel like shorting crude oil today? With the recent rise of the dollar, I can't help but feel that crude oil will be in for a big drop. Correct me if I'm wrong though but I believe that if OPEC won't slash production, oil will be in for a ...
Crude oil intraday
-
Does Anyone have a schedule of the FED's purchases of Treasuries and Bonds?
Started Aug 7, 2009|Trading Discussion|0 replies
Does anyone here have any schedule of the FED's buying/selling activities of government bonds, ...
- [Sniper] replied Jun 25, 2009
Trade Update — AUDUSD Update: I traded long on this pair as soon as Bernanke says he won't change interest rates, and wow I was right all along, this pair DID go up. Time to liquidate it and have a hefty reward of 100 pips, will see where it ...
Does anyone here trade daily?
- [Sniper] replied Jun 25, 2009
Yes they do, in fact MGForex also does this: url They shouldn't even be calling them brokers if you ask me, they should be formally called Market makers or simply bucketshops. If you really want hassle free trading then I suggest you go to an ECN ...
Brokers Do Take Opposite Trades!