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111ForexGuru commented Jan 16, 2014Both the parties could have avoided the shutdown by mutually agreeing at that time. If they agreed now they should have never confronted each other. It would have saved the 16 days of no pay/no work for many employees.
House Passes $1.1 Trillion Bipartisan US Spending Measure
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111ForexGuru commented Jan 16, 2014So the inflation in still a pain in the neck for Europe. Targeted 2% still seems very distant at the moment.
Euro area annual inflation down to 0.8%
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111ForexGuru commented Jan 16, 2014My opinion is that awareness and educational programs will benefit consumers more than just regulations. I haven't heard of any awareness camps being held anywhere in the world with regards to this forex market trading I am very much reminded of the ...
US retail forex brokers continue to bleed client assets
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111ForexGuru commented Jan 16, 2014The last jobs data??? Was it manipulated for retail traders to go long and a very steep upward revision is due in the next jobs report? Maybe. We will have to wait to see the FOMC decision at the end of this month as they know the accuracy and ...
The Market Is Rethinking That Disastrous Jobs Report
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111ForexGuru commented Jan 15, 2014If RBA wants AUDUSD to be around 0.8500 , then we will be there. Similar for ECB and BOE where Draghi and Carney want weaker Euro and Sterling. So its more like a competition where all developed countries want weaker currencies and developing and ...
Australia Labour Force
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111ForexGuru commented Jan 14, 2014Well to be very honest , prejudice is mostly due to the media hype from my childhood which labelled China as a very fierce country. Another reason for prejudice is due to my friend circle of many Tibetans who were against Chinese for invasion of ...
Is China's economy headed for a crash?
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111ForexGuru commented Jan 13, 2014I have a hatred for China however I must commend them for their position in the global economy. Today almost all companies are getting their goods manufactured in China.(electronics,toys,consumer durables,etc) My personal opinion is that if China ...
Is China's economy headed for a crash?
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111ForexGuru commented Jan 13, 2014"Forex Fixing" ?? is this term new? Was it never present? Will it ever end? Forex fixing is an integral part of the currency trading scheme and will always persist no matter how much policing is done. We have to integrate this into our trading to be ...
Federal Reserve Said to Probe Banks Over Forex Fixing
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111ForexGuru commented Jan 12, 2014Really surprising to see US customers using this and sales rising by 4%. Very soon other online companies will follow accepting bitcoins to increase sales. US governments may soon put a ban on this as they did with Liberty Reserve(LR). Lets see what ...
Overstock.com racks up $130,000 in sales on first day of accepting Bitcoin
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111ForexGuru commented Jan 10, 2014These are all the big market players/movers. They will never teach or tell you their secrets. Sometimes they give their positions truly , often they say the reverse. Best to trade with our own knowledge and ignore all the other noise around.
What To Expect From NFP? - Goldman, BofA, Citi, Barclays, & Others
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111ForexGuru commented Jan 10, 2014From what I make of your statement is that , Money Management needs a lot of improvement. You can either close all the trades immediately and save whatever little equity is left and start modestly or else fund you account with more money. Suggestion ...
The US Employment Situation - December 2013
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111ForexGuru commented Jan 9, 2014EUUSD still in range bound. No drastic change in direction.
Webcast of the ECB Press Conference 9 January 2014
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111ForexGuru commented Jan 9, 2014375 billion pounds which is equivalent to more than $600 billion.
Bank of England maintains Asset Purchase Programme at £375 billion
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111ForexGuru commented Jan 9, 2014US printing $85 million a month. UK over $500 billion. Huge difference. When will it end?
Bank of England maintains Asset Purchase Programme at £375 billion
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111ForexGuru commented Jan 8, 2014These are my views, however many a times fundamentals does not have the effect it is predicted to have.
Minutes of the Federal Open Market Committee
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111ForexGuru commented Jan 8, 2014Today's unemployment claims might create some volatility in the market , however the Friday NFP release will give direction to the market.(USD pairs) Also the GBP news release today might give direction to pound movement.These are the best trading ...
Minutes of the Federal Open Market Committee
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111ForexGuru commented Jan 8, 2014Will not have a very huge impact like the NFP on Friday. If the NFP report on Friday mimics this then we are going to see huge fall in EURUSD/GBPUSD.
US Private Sector Employment Increased by 238,000 Jobs in December
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111ForexGuru commented Jan 7, 2014The previous Euro area inflation report had great impact on ECB decisions and Euro strength . Rates were immediately cut from 0.5% to 0.25% by ECB. US Taper has happened , Euro area inflation is still decreasing , etc all setting the environment for ...
Euro area annual inflation down to 0.8%
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111ForexGuru commented Jan 6, 2014I am looking at 1.5350 (GBPUSD) in the next few months. Seems very distant at the moment but a series of UK negative fundamentals might actually increase the pace of the fall. I am long term, short at the moment. For short term, no trades yet. Lets ...
Strong growth of UK service sector sustained in December
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111ForexGuru commented Jan 6, 2014I feel this Friday's NFP report will add fuel/momentum to the direction of EURUSD/GBPUSD movement. Lets see what happens.
EUR/USD: Near-Term Break Down Point; Stay Short - Commerzbank