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    I like GLD at this level

    I was thinking the same until May finally made the speech on her Brexit plan. Even though she talked about hard-brexit, market reacted positively. All Market wanted was the clarity about brexit plan after all I was going to play inauguration a day before but looks like Trump wants to play with...
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    USD index

    I also think gold will gradually lose its value as inauguration is getting closer. The only reason I could think of that gold has been rising in value since the election is that new administration has not taken the office yet. Earlier today, Trump indirectly signalled that his administration...
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    USD index

    GBP will definitely appreciate today and tomorrow. I am not sure about US dollar though but fingers crossed. I will definitely make moves for US pairs Just before inauguration.
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    BABA

    You're probably right on this. But Chinese govt is quite corrupted and as long as Ma keeps them happy by providing Govt tax revenue as well as personal bribery, Alibaba will be safe. He's very proactive CEO...he knows what govts want whether its Chinese or US.
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    BABA

    I have just read some Chinese newspapers on BaBa - all positive news (I used google to translate it). If you want the English ones - try...
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    Naked Chart Based Trading PRM style "LESS IS MORE"

    Did you make any bet on Everton vs Man City? 4:0 is another shocking result...Man C has a squad worth 1 Billion - and yet, they were thrashed. shocking. City is so awful to watch at the moment.
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    Naked Chart Based Trading PRM style "LESS IS MORE"

    Looks like GBPUSD is going to depreciate substantially again - when May is going to talk about Hard-Brexit
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    China's bitcoin crash

    I have warned on ET (even before it recently appreciated to $1000 ) that investing in this toy coin is just gambling. Chinese govt use it to manipulate Yuan's value in forex. This is the primary reason that this toy coin was created so that Chinese govt can legally manipulate Yuan's value.
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    [Easy Question] convert web page to csv format

    Sir this is impossible ! If you had posted this an hour ago, I could have downloaded the company list from Bloomberg in my office.
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    Hi Jk90029! Have new Year. You have not been very active this year yet

    Hi Jk90029! Have new Year. You have not been very active this year yet
  11. V

    Net Speculative Positions in Treasuries

    xandman, do you expect gold to stay in bull trend on Trump's inauguration? I still think the value of gold will gradually fall as Trump takes his office. I also see USDJPY (Yen which is regarded as a safe heaven currency and has a positive correlation with gold) sitting in bull trend on the...
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    Net Speculative Positions in Treasuries

    I think you have not taken into account his background. He's different from his predecessors. He is not a pure politician. He knows inside and outside of the business world. A lot of traders are talking in a way that he will worsen the US economy and his system will not work. But I seriously do...
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    The ACD Method

    UK's current account has been in a decreasing trend since they joined EU in 1971. UK had first deflation in 2015. Unemployment got really high after they joined EU in 1971. Unemployment rose after the financial crisis in 2009. Clearly, joining EU has worsened the economy of UK. There will...
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    The ACD Method

    It could happen...I am looking at the monthly chart and the last time when GBPUSD were around the current level was 1984 (when you were presumably in your 20s :)) when GBPUSD depreciated to 1.05 level. That low will likely to be taken out when Hard Brexit happens and thereafter I expect GBPUSD...
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    a beginner's attempt at the pairs

    After Italy's credit rating was downgraded ealier today, euro now looks quite bearish...surely euro will be very volunerable to depreciate substantially next week
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    a beginner's attempt at the pairs

    On 15 min, the momentum in bear trend has stopped by support about an 1 hour ago. Looks like it's entering correction now...
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    a beginner's attempt at the pairs

    It looks like double bottom has just formed on 1 min. Just be careful, make sure you have set an optimal stop lss, now there is momentum in uptrend and it could form a sideway now
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    a beginner's attempt at the pairs

    Yes There is some momentum in a bear trend but I would be cautious to short it now because its oversold condition.
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    Global Macro Trading Journal

    Given his experience, I am surprised that he lost that much money. Maybe he became so personal after the election, and the loss is as a result of that. Any behavioural or psychologically affected trading leads to negative performance
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    Trading FOREX at home and winning big!

    Teacher, I know the answer to that question !! "Big Fat No ! " :) Esha, CyberWarrior and Carhill brothers are all FX brokers. They are here to promote FX trading. On ET, there are more stock traders and very few FX traders. I find T3W has more and better FX traders although I don't go there...
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