Some data out of China started to rebound, but is the dragon awakening or is it just one good data set for December in an overall downtrend? I think the debate has been going back and forth if China can avoid a hard landing. For now it seems as they are playing with a soft landing, but I think...
The GBPUSD has dropped sharply over the past seven months, but is now approaching a triple bottom and I think this currency pair will rebound from here. I took the recent dip below 1.5000 as a buying opportunity.
The worst case scenario has happened for some, while others claim this is the best thing that happened to Greece. How likely is a Greek exit from the Eurozone?
I think an exit is not very likely, but I think that for Greece that would be the best solution.
They can't leave without any message and client funds are segregated so those who are still with Alapri UK should be able to leave without too many issues.
I think it really depends on which commodity and what time horizon you have. I can see some really good short-term counter trades in a few commodities.
I think the problem is that many of those Alpari traders lost all their money during Swissgate. I think IronFX and Pepperstone both approached Alpari about a buyout.
Will we get the €500 billion announcement this week?
I think there has been so much chatter about it that the ECB will go ahead and either announce the start of it or pre-announce it for the next meeting, but that the €500 can be basically penciled in. Looks to me like the markets already...
The bloodshed in the Swiss Franc is likely behind us, but looking at the charts do you currently look at the CHF for trading purposes or will you wait to get more relevant data?
I think the sharp drop has messed up the technical pattern and I am waiting for more candlesticks to be formed...
The Danish currency is think traded and many may have never even looked at it. The Danish central bank has cut their deposit rate to -0.20% from -0.05% and has stated that it has all the tools necessary to defend its currency peg.
Given the SNB mess, do you trust that the Danish central bank...
I think Greece will cause more problems and that they may actively pursue and exit which is why they should have been let go years ago before the bailouts. Cut your losses is what forex traders are advised to do and the Eurozone should have done the same.
I would be careful with the Euro this week. It dipped below 1.1500 before rebounding, but has clearly failed to find meaningful support from where it can rebound.
Each trader needs to decide which strategy is right for them. Using SL or hedging needs to be executed properly otherwise it will be negative in each case. I operate two accounts, in one I use a SL and in another one I hedge.
I think we will see an interesting year in 2015 as far as central bank policy action is concerned. With the RBNZ already announcing an interest rate increase, the BoE still considering it and others either acting or 'threatening' an increase 2015 may see plenty of volatility related to central...
With the ECB planning to launch a potentially €500 billion bond buying program in a year the Bank of England may raise rates and reduce it stimulus the EURGBP could plunge.
While the Euro managed to rally after the rumors were reported once both central bank diverge on stimulus the EURGBP...
On Friday it was reported that the ECB is evaluating a bond buying program worth up to €500 billion. The Euro rallied off of nine year lows as the amount was well on the low end of fears for a much wider catastrophe. Is the ECB willing to sacrifice the periphery in order to bolster the core?
Pro's do not demo, so your friend is off on that. Where your friend is right is that good demo results do not really matter. You won't know until you actually start to trade.
Chasing bonuses is not what real traders focus on. It does not matter how much of a bonus you will get as you will lose it if you don't know how to trade.
Admitting to being lazy is the first step to tackle the problem. Lazy people will never learn how to trade or do anything else for that matter. Resolving that problem should be your number one priority right now.
It is not a new years resolution, but something I have been working on since I have my trading strategy developed: entry points. I think I have plenty of minor adjustments to complete when it comes to making better entries which will increase my pips I can earn.
The Swiss National Bank has vowed to step into the markets when the EURCHF drops to 1.2000. This level has held firm and the EURCHF has traded around this level. Is the SNB pledge enough to scare sellers away at 1.2000 or will we see a sustained breakdown below it in 2015?
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