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  1. V

    a beginner's attempt at the pairs

    I know this is way off the topic but if anyone wants to understand the implication of inflation - the following article might be of interest. "Bad money drives out good, according to Gresham’s Law," http://www.marketwatch.com/story/zimbabwe-tests-greshams-law-with-parallel-currency-2016-12-06
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    a beginner's attempt at the pairs

    I think Yen will turn out to be the biggest loser out of main currencies. The following thread discuss somewhat interesting topic on USDJPY https://www.elitetrader.com/et/threads/usdjpy-how-high.304663/#post-4372883 USDJPY to test 126 level...but they only talk about from technical analysis...
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    a beginner's attempt at the pairs

    Actually, when they unchanged their interest rate, it was a decision. With interest rate, there are three common outcomes - raise(lower), remain or delay and out of them, only delay has no impact. I have recently analysed the speculator positions on futures market and they have been on short...
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    a beginner's attempt at the pairs

    Thanks Lawson! I've just conducted secondary research. With lower unemployment rate, it's now highly likely that the government will raise its interest rate next week - December 14. Not only eudusd but also all US dollar pairs will depreciate at the announcement. Especially having seen the...
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    a beginner's attempt at the pairs

    I need to do some secondary research on that. I also need to read some journals on interest rate announcement because the interest rate decision ( epecially on unchanged rate) has big impact on price too. I thought the price depreciation would be temporary but it looks like it will take a bit...
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    a beginner's attempt at the pairs

    So did Winston Churchill :)
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    a beginner's attempt at the pairs

    Do not give up ! - it's the new president's famous quote :) You might be able to recover all your loss today by buying EURO pairs. As far as the information is concerned, they did not change the rate meaning that it did not affect the fundamental value of EURO. So EURO will recover...
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    a beginner's attempt at the pairs

    Stopped out for EURJPY so instead of focusing just two pairs, I will implement a risk management strategy. I choose you "the diversification strategy" ! - set limit/stop buy orders for EURGBP, EURCHF and EURJPY; EURGBP and EURCHF have been triggered while still waiting for EURJPY to be trigger
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    a beginner's attempt at the pairs

    I was looking for the bottom of this temporary price impact...and initiated long for EURUSD and EURJPY after they crossed 1.059 and 120.9 respectively with the support from strong buy volumes...(I hope they have reached the bottom though) If they recover, then I think they will recover to...
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    a beginner's attempt at the pairs

    I think all important news for 2016 is done We can work together in 2017 :)
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    a beginner's attempt at the pairs

    I am happy with what I got today from euro short trade. Now it time for correction
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    a beginner's attempt at the pairs

    I will set either a limit/stop order at the right place. I think they will not change the rate...I did some secondary research but no one is expecting any change in the rate. So the initial reaction will be depreciation at the announcement. The current upmove in eurusd also confirms that...
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    a beginner's attempt at the pairs

    I got it ! just like stock market, unless a news is directly related to the future cash flow, all other News have only temporary price impact. So when Australia govt did not increase the interest rate yesterday, it only depreciated temporary due to the disappointment... So I will eye on Euro...
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    a beginner's attempt at the pairs

    Stopped out at double top. So the announcement of balance of trade has only temporary impact on price after all..Aususd is appreciating again
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    a beginner's attempt at the pairs

    Just have taken 30 pips and Aususd have taken my short limit orders again. I expected it to rebound after it went oversold condition, so I took the profit. Now I will hold my position for a day because there will be fundamental change and it will definitely work for long term holding. Later, I...
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    a beginner's attempt at the pairs

    Balance of trade deficit for Australia is greater than forecasted (nearly three time) Thus, the value of Aususd needs to be corrected to reflect the Change in fundamental information - expect depreciation of Aususd. Currently I observe speculators correction - bearish hammer Considering...
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    a beginner's attempt at the pairs

    Be careful when you long both euro and pound because they have unlimited downside risk because speculators are on short positions there.
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    a beginner's attempt at the pairs

    I like passionate people because they influence me positively :) That's why I enjoy following your thread ! Soon your pairs will like you !
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    a beginner's attempt at the pairs

    First, This Thursday, there will be speech on euro interest rate change...I will provide further information. Looking at euro pattern on 1 hour (it has finished its correction), there is a chance that they could raise their interest rate. But I have to take some secondary research to support...
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    a beginner's attempt at the pairs

    it looks like that buy sell imbalances driven by liquidity reason only has short lives. Consistent with research. so The risk is greater than reward and eventually it will blow out your account. So from now on, I will only make a move when there is news e.g. politics, policy change. I will let...
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