Open trading account 
The British Pound outperformed in overnight trade, rising against all of its major counterparts after a series of opinion polls showed respondents were leaning against so-called “Brexit” in the looming UK EU membership referendum. The anti-risk Japanese Yen slumped while the sentient-linked Australian, Canadian and New Zealand Dollars traded higher as the prospect of maintaining the status quo after the momentous vote lifted investors’ spirits.S&P 500 fu…
edlivre's Blog
Dollar Soft after Yellen Testimony, Brexit Campaign Enters Final Day
Dollar recovered mildly against Euro and Yen but stays weak against other major currencies after Fed chair Janet Yellen's testimony before Senate Banking Committee. Yellen noted a few risks to law makers including "Brexit". She said that "a UK vote to exit the European Union could have significant economic repercussions". Also, "mixed readings on labor market and economic growth" warranted caution together with "vulnerabilities" in the global economy. Nonetheless, she's optimistic that the headw…
USD/CHF
New strategy :
Hold long entered at 0.9600, Target: 0.9700, Stop: 0.9545
Position : - Long at 0.9600
Target : - 0.9700
Stop : - 0.9545
Failure to extend intra-day rebound and current retreat suggest further consolidation would be seen, however, as long as last week's low at 0.9572 holds, mild upside bias remains for another bounce, above resistance at 0.9643 would signal the retreat from 0.9687 has ended, bring another test of this level, break there would provide confirmation that a temporary l…
Hold long entered at 0.9600, Target: 0.9700, Stop: 0.9545
Position : - Long at 0.9600
Target : - 0.9700
Stop : - 0.9545
Failure to extend intra-day rebound and current retreat suggest further consolidation would be seen, however, as long as last week's low at 0.9572 holds, mild upside bias remains for another bounce, above resistance at 0.9643 would signal the retreat from 0.9687 has ended, bring another test of this level, break there would provide confirmation that a temporary l…
Forex Market Dream
I met the forex market for 10 years and I won some championships, and I never met a job as difficult as the forex market.
It is very difficult to maintain long-term because beyond the fight against market we fight against our anxietyand discipline, but if you have a dream never give up.
The most important is when you get successful, help people to share.
Respect all white and black, rich or poor.
Sorry my English and I wish much peace, joy and health for all.
It is very difficult to maintain long-term because beyond the fight against market we fight against our anxietyand discipline, but if you have a dream never give up.
The most important is when you get successful, help people to share.
Respect all white and black, rich or poor.
Sorry my English and I wish much peace, joy and health for all.
Bank of Japan (BOJ) Governor Kuroda speaking today
- Can expand asset buying further if needed
- Negative rate policy doesn't show we've reached JGB buying limit
- Japan's economy has continued to recover moderately
- Inflation trend is improving steadily
- will do whatever it takes to hit 2% inflation
- Will pursue innovation in monetary policy means
- Somewhat worried medium to long term inflation expectations are weakening
- Uncertainty heightening on outlook for chinese, emerging economies