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- Trademunity commented Jan 30, 2014
These guys will do anything to make a profit!
Goldman Made $350 Million on ‘Worthless’ Trades, Libya Says
- Trademunity commented Jan 30, 2014
I guess we'll be in a consolidation phase in the stock market for the medium term.
Trend Is Shifting to Favor Gold and Gold Miners Versus Equities
- Trademunity commented Jan 30, 2014
Wow! It's been over 8 years already! What a ride!
Bernanke saw U.S. economy through turbulent times
- Trademunity commented Jan 30, 2014
The existing home sales slump is mainly caused by increase in mortgage borrowing interest rate. Also, the Fed's tapering will also have a negative effect (less money in the system).
Pending Sales of U.S. Existing Homes Slump Most Since May 2010
- Trademunity commented Jan 30, 2014
The title of the article is a little misleading... it was fraud rather than incompetence that led to his jail term. Although his incompetency in Forex trading (losing money) might had exposed his fraud in a faster manner.
Four years jail for 'incompetent' forex trader
- Trademunity commented Jan 29, 2014
Sounds fishy... with this pricing changed from fixed to dynamic spreads the traders ended up with larger stop loss slippage. Follow the money...
OANDA US Client Profitability Q4 Decline, Technology or Macro Driven? Executive Response
- Trademunity commented Jan 29, 2014
The FOMC is pretty firm about committing to steady tapering. It will probably take much more pessimistic economic reports to change their course.
FOMC Statement
- Trademunity commented Jan 29, 2014
Tried a long USD/JPY trade at a good probability setup, but got stopped out at break-even. There still indecision, so, will wait again for another setup.
Fed Cuts QE to $65 Billion Pace as Labor Market Improves Further
- Trademunity commented Jan 29, 2014
Quoting... "A curb on the balance sheet growth for the Fed is a positive for the dollar in the ‘competitive monetary policy game’ and via yield forecasts." I think the author implies a breakout upward. This is an opinion on the probability side. ...
US Dollar to See a Breakout Regardless of FOMC Outcome
- Trademunity commented Jan 29, 2014
I'm staying out of this during news announcement. Let the dust settle and follow the winners. Best of luck to all.
What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others