Recent content by RahmanSL

My consensus is that, as long as expectation is for the ECB to start cutting rates ahead of the FED, the bias is for EUR/USD to be bearish. And as long as the BOJ remains stubborn and refrain from raising rates, the USD/JPY will stay depressed until the FED starts cutting rates. Jawboning and...

I read your analysis with much interest and is in agreeance with you. Thank you very much for your time and efforts. As long as the general consensus is for the ECB to start cutting rates ahead of the FED, the Euro will continue to depreciate against the US$. This is further compounded with...

You should also ask them (as I did) whether they charge any fee for holding the opened position(s) for longer than 5-7 days. Cheers!

There are a lot of Brokers who claim they have Islamic swap free trading account available to their Muslim clients but will charge a fee if the opened position(s) is/are held for over 5-7 days. So far, I have only managed to come across one Broker who does not charge any swaps on their Islamic...

..... and for the benefits of those long-time members of the FPA, their reviews should be given more weight and "oomph" :cool:

Great analysis which will help me and, I am sure, others too in next week trading. Cheers and all the best!

Yup! In a Tel call today, Biden reportedly told Netanyahu that the USA is not interested in a direct war with Iran and also for Israel to stay their hand in striking back at Iran. Anywhere, Iran has achieved their main objective which is to assess the respond time and effectiveness of Israel's...

... .....and with Iran's dry-run attack on Israel today with slow moving missiles and drones which were easily intercepted by Israel iron dorm defense system and by the USA & their allies, that has potential to escalate into a much wider war. We all know Iran has hypersonic (and other more...

Potential war between Israel and Iran is a real possibility which has the potential to widens into a much wider war. Under such scenario, commodities will rally.

Perfect set-up for me on EUR/USD just before release of CPI as I took "bets" on some shorts on EUR/USD which triggered all TP. This does not happen very often and it's an exhilarating feeling :D

I used to listen to the same old mainstream rock, pop, classical, jazz, country, etc music, but has discovered and even taken a liking to lesser known (at least to me) type of music. https://www.youtube.com/watch?v=13e7jO_KjFQ&t=1251s https://www.youtube.com/watch?v=YMDnwrdHxN8 When I...

Sive, thank you very much for your insightful and most useful reports and analysis. My personal thoughts: EUR strength will be curbed by the almost foregone conclusion that the ECB will cut rates before the FED. For JPY, the rise of US$ will be curbed by the ever presence of intervention of the...

For those interested, check out these two sites which gives very good advice to Newbies and those who can only start with a small trading account. There are literally hundreds or even thousands of people out there giving FREE advises on trading the forex (and other instruments) market and...

3% monthly profit on a US$20,000 Trading Account? That works out to: Total Monthly Trading days: 20 At 3% Profit per Month = 0.15% Daily Profit = US$30.00 per Trading Day. If you wait for the most popular currency pair, EUR/USD to be at just the right level and enter a 0.20 lot size trade and...

For EUR/USD, I think the general consensus is that the ECB will reduce rates sooner than the FED who is in no real hurry to start reducing rates (as basically confirmed by FED Powell last Fri) with some Analyst even believing there might not be any rate cuts for this year until after the 2024...