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Category Archives: News

Worth watching

Good day traders! Just closed a 25 pip profit while watching the Netherlands won their respective match against the hard fought Slovakia.
Its too late to give my daily review but I believe fundamentally these news are worth of reading:

U.S. Personal Income and Outlays, a measure of the income received and purchases made by consumers, [...]

Speaks of the week

Salam. It seems that everybody want to speak this week. So, in honour of those who speaks, we call this week Speaking Week. Haha. Now lets look who’s talking:

Prof Dr Axel A Weber , Deutsche Bundesbank President – he will talk about Eurozone key interest rate and the stimulus package that were introduced by governments. [...]

Prime Rates

For Your Information….

COUNTRY
RATE
%

Australia
Cash Rate
3,00

Canada
Bank Rate
0,25

Denmark
Bank Rate
2,00

E.U.
Min. Bid Rate
1,25

E.U.
Marg. Lend

2,25

E.U.
Dep. Rate
0,25

Hongkong
Base Rate
0,50

Japan
Call Rate
0,10

NewZealand
Cash Rate
2,50

Norway
Cash Rate
2,00

Poland
Ref. Rate
3,75

Sweden
Pension Rate
0,50

Switzerland

Repo Rate
0,25

UK
Repo Rate
0,50

U.S.
Fed. Funds

0,0-0,25

U.S.
P. Bank Rate
0,50

Hectic week ahead

Dear friends
My flight to Sabah is at 7.15 am tomorow (Saturday). Where do I stay? the whole day at the LCCT Airport (Air Asia)! yes, the whole day. so..for those who want to meet me and seek for some advice, please do so. Just introduce yourself and I’ll give a tip or two. I might [...]

News Summary

Morning traders
One of the key factor to success in forex trading is to master the principles of fundamental. Constantly aware of happen in the global market can help us during the tough time and indecision that the market offers. SO…..here is the summary of news that I think is worth of reading:
How Obama’s Stimulus Could [...]

Elliot Wave – who use it? Raise up your hand please!!

Good day traders.
I had a friend who uses Elliot Wave. Well, when I said a friend, I mean I have only ONE friend who uses this strategy. With his kindness also, he gave me the softcopy of the indicator@elliotwave system. I did use it once though, but it seems like it doesn’t click with me [...]

ECB Press Conference

Time: 8.45 pm – 9.30 p.m
I was hoping yesterday’s EU would be THAT bearish, but it didn’t happend as I expected. The lowest level from yesterday’s was recorded at 1.30915 and since that it bounce happily at the current price (1.32064). Nevertheless I’m looking forward for tonight ECB Press Conference. Traders are expected to see [...]