This week, there will be FOMC statement and funds rate decision on Wednesday (28-Jan).
Last week EUR had dropped to the low of 1.0970 and GBP to 1.4950 after the decision of ECB QE.
First, Swiss central bank decided to remove the EUR/CHF cap at 1.2000 and introduced negative interest rate of -0.75%. Now, the ECB introduced QE of 60billion euro per month till Sep 2016.
Missed out the chance to double/triple/quadruple the account after the QE decision. Will be waiting for next big central bank decision.
Tuesday, January 27, 2015
Monday, January 19, 2015
19 January 2015
This week, there will be GBP central bank rate decision on Wednesday (21-Jan) and EUR central bank rate decision on Thursday (22-Jan).
Last week EUR and GBP had continue to slide against USD, especially after Swiss central bank decided to remove the EUR/CHF cap at 1.2000. The wild swing didnt affect me, as I dont hold positions overnight :)
Last week EUR and GBP had continue to slide against USD, especially after Swiss central bank decided to remove the EUR/CHF cap at 1.2000. The wild swing didnt affect me, as I dont hold positions overnight :)
Monday, January 12, 2015
12 January 2015
After 2 weeks of break from Christmas to New Year holiday, I am back to trading again last week. Things nearly went horribly wrong after I broke the rule of no trading before London Open.
I have a target for 2015 and gotta hold on to the rules and work hard to achieve the target.
I will concentrate more on short-term trending pair to increase the chance of profitability.
This week, there will be no central bank rate decisions.
Last week EUR and GBP had continue to slide against USD.
I have a target for 2015 and gotta hold on to the rules and work hard to achieve the target.
I will concentrate more on short-term trending pair to increase the chance of profitability.
This week, there will be no central bank rate decisions.
Last week EUR and GBP had continue to slide against USD.
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