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Just out of curiosity, what does that mean?? :)

400 pips is awesome ! Just out of curiosity, how long did you hold NZDJPY for?

Yep, that's why we need gold-standard again :) Whenever I hear about inflation, I feel sorry for European settlers in Zimbabwe. They brought wealth to the country but their uneducated politicians ruined the country - they know nothing about basic economics.

Nice ! you must be a long-term trader :) Out of them, I guess one of them must be yen. Since yen is a safe heaven currency and U.S economy may (or is expected to) enter a strong economic period in the coming year, U.S dollar may strength more at the interest decision next Monday. Yep, I will...

haha, I am starting to think that with fundamental analysis of macro-news, FX is a better lottery ticket. But thanks, Justrading ! I'll probably have to do secondary research on that one. But from the information what I've collected so far, they'll stick to their interest rate (negative one)...

Anyway, anyone has any idea of future price movement when BOJ make decision on their interest rate next Monday? Will you expect yen to weaken further ? They are having negative interest rate at the moment

a technical analyst/chartist = sales position. I also used to work for a U.S global research and marketing firm and there I had to conduct both secondary and primary research for outstanding firms in certain industries. Now I utilise that skills for my trading. If you have superior information...

I think his point is to find out the generalised facts/phenomenon over a long period. Anyway, from my first research, I find that in commodity futures market, there was excess speculation which caused the boom and bust in commodity price during 2008. Concerned regulators stepped in and placed...

Soon I will find out. I need to find out which markets have been covered and which are not too. I am only in the initial stage of my second thesis. Looks very interesting. I will have to use five widely known market efficiency measures to test the systematic market efficiency between index...

I am not too sure whether parity will happen eventually. It appears ECB resisting for EURO from substantially depreciating below 1.05. Well, we can only monitor the current situations and take actions based on that.

Yep, any substantial move is finished for EURUSD for 2016 - so ECB must have decided not go substantially below 1.05 after all. That makes sense since they stuck to that level even when they had Greek crisis.

I am an information hunter. I can utilise information that ET traders talk about and by coming here I can overcome selection bias. TA without fundamental information analysis is simply a gambling in the long run.

Nowdays, all financial markets are highly correlated. So, there is less benefit from divesification perspective. I think you're talking about price points where there is excess selling(buying). There are more than one way to find out that. In my first, PhD research on us commodity futures...

I could not agree more. It's the primary reason why I have stopped following most fx threads. Especially "how forex trading can make you rich" one, it's really bad. Guys there who keep posting the same BS over and over, I feel like seeing dump and dumpers.

After yesterday's trades, I really think Forex trading is very profitable. I may stop day trading and focus on news trading - very predictable and less risky. On the top of that, very profitable, Merry Christmas Mr. Big Mac :)

The effect of US rate rise on Forex US rate rise: Should Asia worry? http://www.bbc.com/news/business-38324977 p.s. I've never enjoyed reading business section. I'd tried because my study is finance but it was difficult without a good motivation. But now I am really enjoying reading them as if...

No , in my case, I set them only for day trading. In case of news driven trade, I don't because of the initial excess volatility

But unlike eurusd last week, sterling pound has recovered and is currently strengthening again. So when interest rate is unchanged it has temporary impact after all. I don't know why euro had bigger negative impact last week when they did not change interest rate...

Just as I expected that the Bank of England did not change the interest rate :) Long Eurgbp Short gbpusd, gbpaud, gbpcad, gbpjpy and gbpchf Happy Boxing Day everyone :)

Yep, you have a point but they would choose 120 than 116 because people use a round number as their internal reference number