*Official* Forex Trading thread.

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philipsony

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AUD/USD and NZD/USD is bearish bias in my opinion. Shorting NZD/USD now. :D

how chiu decide its bearish?
many are rooting on the comodities recovery and have a bullish bias

i see they both just reach the top of the weekly's resistance
i am bear on this 2 pair also but no confidence in USD strength LOL
 

Mr.Canberra

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how chiu decide its bearish?
many are rooting on the comodities recovery and have a bullish bias

i see they both just reach the top of the weekly's resistance
i am bear on this 2 pair also but no confidence in USD strength LOL

Oil price down for how many years already? Haha the answer is obvious. :s13:
 

Mr.Canberra

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NZD/USD

Current total score for today is US$225.00 Din Tai Fung profit!

Huat arhhh! :s12:
 

Mr.Canberra

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Attention Mod

FRg0unV.gif


:s13:
 

Mr.Canberra

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NZD/USD

Current total score for today is US$278.00 Din Tai Fung profit!

Huat arhhh! :s12:

BULLET: FED: No new hints on timing of start of balance or...

FED: No new hints on timing of start of balance sheet reduction or
upcoming rate hikes in semiannual Monetary Policy Report to Congress.
Reaffirms economic conditions call for "further gradual removal of
policy accommodation." Plans to reduce reinvestment later this year.
Notes inflation softened in recent months after briefly hitting 2%
target earlier in year; repeats "monitoring inflation developments
closely." Financial stability risks still moderate; asset valuations up
but leverage has not risen. Special sections on productivity growth,
liquidity in corp bond market, monetary policy rules. Yellen remarks to
be released Wed July 12 ahead of House session.

Gold plunging. USD/JPY broke 114.0. Market is risk on mood liao. :s13:
 
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Mr.Canberra

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US Treasury Bond Yields

Gold down and USD strengthening

BULLET: DOLLAR-YEN: Rising US Tsys yields has seen the.......

DOLLAR-YEN: Rising US Tsys yields has seen the rate follow suit, with stops
triggered through the break of Y114.00, with the rate rising to a new intra-day high of Y114.18.

BULLET: US TSYS/STOCKS: BA/ML analysts also noted "one.......

US TSYS/STOCKS: BA/ML analysts also noted "one year ago, July 11th, 2016,
30-year Treasury yield hit all-time low (2.14%), and Swiss government could have
issued a 50-year bond at a negative yield.

- "One year later, the US 10-year bond yields up from 1.43% to 2.37% in the US,
from -0.27% to 0.10% in Japan, and from -0.17% to 0.56% in Germany," they said.
"Over same period, global equity full float market cap rose $10.0tn to $76.3tn."
- They added this week's "asset flows" show "modest risk-on positioning
continues: $2.9bn into Equities, $3.9bn into Bonds, $0.5bn outflows from Gold."

It is all about bonds selling. Investors are dumping bonds for cash. :s13:

Bond yields up = USD up.
 
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marknewlife

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Hi all experts. Any1 here trade forex on a web based platform? Looking into start forex but limitations on lappy to install MT or banks platform.
 

Mr.Canberra

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Hi all experts. Any1 here trade forex on a web based platform? Looking into start forex but limitations on lappy to install MT or banks platform.

Please do not be silly. My laptop is coming 10 years old and running the trading software just fine. Just make sure plenty of scratch disk is available.

Skills and experience is more important than latest hardware haha. :D
 

awful999

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Please do not be silly. My laptop is coming 10 years old and running the trading software just fine. Just make sure plenty of scratch disk is available.

Skills and experience is more important than latest hardware haha. :D

may be his/her limitation on company policy so cannot install 3rd party software. :s13::s13:

Btw, web base platform so far so good, I am using ctrader on webbase platform for two month without issue.
 

Mr.Canberra

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NZD/USD

NZD/USD short position tio stucked at -15 pips.

This coming week on opening I expect gap down for AUD/USD, NZD/USD and gap up for USD/JPY.

The sell off in bonds and tech stocks will continue this week.

Take note US Treasury yields will remain high and so will be USD strength. Shorting the dollar will be quite silly now.
 
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Mr.Canberra

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may be his/her limitation on company policy so cannot install 3rd party software. :s13::s13:

Btw, web base platform so far so good, I am using ctrader on webbase platform for two month without issue.

Anyway there is no privacy when you surf personal stuff on work terminal and are grounds for firing. This one is a no brainer haha.

His situation no head no tail. Let him provide more details then we suggest haha. :s13:
 
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