SNB is still holding the 1,040 tonnes of gold. It has not gone on a selling spree to avoid further losses. This means that the long term for gold is definitely upward movement. So we might see further decrease in gold prices in short term however it ...

Swiss National Bank Takes Hefty Gold Hit

I have never traded stocks and don't know much about it . I know a little about indices. About Currency I know a little more. The universal rule for currencies and indices is that what goes up comes down and what comes down goes up. Its a cycle ...

S&P 500 Falls to Start Year Lower for 1st Time Since 2008

I personally don't expect the big market movers to buy gold at its historical peak prices. Above $1800 is where all big players get rid of their stock of gold and cash in on profits. There they keep their money and want a proper entry again to stock ...

The Fall of Gold

I don't know about mining process of gold. Is it similar to production of soft drinks whose production cost is 10% of selling price?

Gold Crashed This Year, And That's Awesome News For The Whole World

Gold is something that I rarely trade but here it is very tempting to actually buy it. Though it is only 5% of my targeted purchase, it will slowly increase with each fall in gold prices.I am buying and forgetting it. The more the gold mines close , ...

Gold Crashed This Year, And That's Awesome News For The Whole World

This is supposed to be one of the world's best and strongest economy? All this while questions were raised about the genuineness of Chinese economy data. What more surprises awaits us in this most uncertain market , we don't know but we will tide ...

Jobless Claims - The Economic Miracle That Wasn't

So it took one year for the audnzd to move 1932 pips. This is the second time I am seeing an article related to audnzd selling suggestion in December 2013. Where was this suggestion before it actually moved or during the move of 1932 pips. On 9th ...

Trade Breakouts With A Strong Market Trend

My opinion : Wait and see how EURUSD reacts till the 1st week of Jan. For short term traders, short above 1.3840 with SL at 1.3918(1.3900 can be set if you want a tight SL). Take profit as per your comfort or 1.3250 initially if you are patient ...

And there she goes. 1.3830 is toast as stops get popped

url The long positions on EURUSD are closed. Now looking to go short on EURUSD.

And there she goes. 1.3830 is toast as stops get popped

My personal opinion : Maybe very proud to be British however all that glitters is not gold. So right now we may see 1.6530 however we are looking at a huge decline to below 1.5500 in the next few months. And also Carney has mentioned previously that ...

Cable pops the 1.6500 barrier

Thanks for your appreciation.

What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others

My best guess is that everyone is in for a big surprise. Taper might actually happen today, Guys like the big market players have access to insider trading and they will benefit the most.Lets wait and watch.

What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others

Good joke but very practical which can be proved. $1000 usd =12,120,269.35 (Indonesian Rupiah (IDR)) $1000 usd = 24,816,234.35 ( Iranian Rial (IRR))

Trader turns $1,500 to $1 million in 3 years

I am very honest in showing everyone my performance and I am proud of my performance. If you have something to show your capabilities , lets see it . And real money mind you, where human emotions are a big deterrent. Not any demo account. Successful ...

Taper Or No Taper - What The FOMC Has Really Said

The name ForexGuru is what gives me inspiration and the "feel good factor". So I am happy with this name no matter what others think. As for returns for investors , it is 30% of profits , which is much more than what is being offered by other ...

Taper Or No Taper - What The FOMC Has Really Said

I have already said about you. quoting it once again :

Taper Or No Taper - What The FOMC Has Really Said

I am still waiting for your reasons for saying I am dishonest???? Well I am independent and have no mentor here. I respect people who give respect to other members on this forum. If you have noticed in all my posts I have never mouthed obscenities ...

Taper Or No Taper - What The FOMC Has Really Said

A lot of people believe that having huge investments can give you great trading skills. My opinion is that Your investments never give you amazing trading skills. All it does is that it gives you a few years head start and you can be better equipped ...

Taper Or No Taper - What The FOMC Has Really Said

But you have failed to explain on why you said I was dishonest???

Taper Or No Taper - What The FOMC Has Really Said

Finally u realized your error of $25 which you always mentioned. #:-S Just to update you about the PAMM system of the broker you just visited . The fund managers only make profit when the investor makes profit. So for the manager to earn , first the ...

Taper Or No Taper - What The FOMC Has Really Said