Recent content by Rambo35

The opinions differ as some think we should have never moved away from the gold standard and that currencies are essentially worthless in today's world. There are advocates to return back to the gold standard, but that would likely wreck havoc on the financial system as deleveraging is likely to...

When December's non-farm payroll report was released in the US most blamed the disappointment on bad weather which is not an uncommon theme. We all know about the bad weather the US faced in January so will bad weather be blamed again? I think it should not matter as in the end real people...

I was wondering how many of you actually take the blame for a loss and how many blame other factors such as economic reports for your losses? I have always taken responsibility for any loss I have faced and will face as nobody forced me take a position. It is up to the trader to conduct the...

Lol, so how many pyramids have you sanctioned so far?

I do not think the Fed will be out of the markets by the end of 2014.

This is another example of newbies rushing to trade without taking the proper time to learn the basics. This happens over and over again.

Last week traders saw plenty of PMI data from a number of key global economies. Emerging markets sold-off heavily alongside their currencies while equity traders started to take profits. Which data point do you pay the most attention to now as there is plenty of conflicting material out there to...

Reports show that currency spikes during the London close are fading away after some banks have banned their traders from participating in chat room and talking about orders. Over 17 senior traders at banks have been fined/fired as well and while many may cheer this development I was curious...

Most expect another $10 billion taper this week and I think they will do so as well before they may decide to skip one meeting. So many expect a taper that I think it is already priced into the US Dollar and the reactions once taper is announced will be rather limited while I surprise stop of...

Mattress Bank LOL!!!!

I do not see NZ reverting back to cash spending as CC spending has been expanding.

I think Australia may raise rates sooner than most expect in order to get ahead of inflation. I disagree that the AUD should have not traded above parity to the USD and think it will trade above that level again.

I agree, I think doing your own research is better than having things handed to you. After doing research it is ok to ask questions.

Staying with the Australian/New Zealand theme, as I have posted in this forum earlier today the Australian employment report disappointed forex traders and led to a strong sell-off in the Australian currency. I like to trade when others head for the exits and I think there is plenty of value in...

This may be one of those economic reports which you never read about or hear about in mass media, but for those trading the New Zealand Dollar this could be an important indicator. As I wrote earlier I am trading the AUDNZD which makes this an important indicator for my trade set-up as it may...