Recent content by nycfxproptrader

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Hi All !!! I have gone over all of your replies and didn't see anyone mention the name of any PROP FX FIRMS. That's because there are none EXCEPT for ONE, THE ONLY FIRM IN THE INDUSTRY RIGHT NOW IS THE COMPANY I WORK FOR - Global FX Remote Group, LLC Check out their web site at...

The decline in gold today has accelerated on the back of the China rate hike speculation.Gold has dropped another notch lower through $389.00 support to trade to $384.90. The USD rally in response to the falling gold price has seen USD/JPY finally test 110.00. Offers are still seen...

At 4:30 am EST, Trichet will speak in front of Parliament. Taking clues from his previous remarks at the G7 and the Eco club in NY, he will likely stress structural reform heavily over more monetary stimuli. I think he wants to keep some fire power in case the consumer sector does not pick up...

USD/JPY looking like a nice short into strength. JPY inflation data higher last night (inflation a good thing in Japan) EUR/USD made new lows, it didn't get near its high of 109.90, Clearly overbought on the daily; Fib 50% Retracement looks around 106.55. Look for tonight's Consumer...

June gold added $1.00 to trade $396.70 in late morning trade as a downward correction in the US dollar sparked buying. The early high at $398.80 along with psychological resistance at $400.00 looks ike the nearby obstacle, with last Monday's $406.50 high and the failed support at $414.50 as...

The hourly downtrend drawn off the April 19 high at 1.2077 comes in this morning at the 1.1885 level, and the market looks to be making a run for it early on. Small stops are seen above the trendline at just above 1.1900, dealers report. A number of rallies have stalled in the 1.1920/45 area in...

German IFO out in a few minutes. Expectations are 95. Might come in weaker, but I can't see the Euro dropping much on it. I think alot of bad news is already priced in. Euro might have already hit its low earlier in the session.