Here is how I thought it might work.... When we are close to an ECB meeting and people are 80% sure there would be a rate increase for the Euro, they will start questioning the trend...I mean, they will start thinking, now if the rates of the Euro ...

Opinions of USD.

LOL, ya Orascom Telecom would have made you more than all your positions combined...It is really strange that you found it difficult to buy stocks in the Egyptian Stock Market...I know there is no internet trading over here yet, but I don't think it ...

EURUSD

Hey man, you caught one of the best bull markets in the Egyptian stock market...Hope you are out of the market by now as most of the stocks declined by over 50%.... Thanks, Nader

EURUSD

This is a very hard question to answer...In my opinion, watch out before the ECB raises rates, the USD will start to gain some strength... Thanks, Nader

Opinions of USD.

Play it safe & open accounts for other people and trade for them using their username & password and to be more safe, let them initiate a power of attorney for you so that you can have full access over their accounts....You will need to consult a ...

Do I need any licensing to trade public money?

This is also my opinion and I am not an economist.... The interest rate we see announced by the big central banks is the what called one night interest rate...Central Banks calculate the interest payment for loans on a per day basis...Thus, if the ...

What are "Interest Rates" that central banks announce.

To answer the question of the thread shortly, in a sense, everybody in the forex market is against everybody....Every trader is competing with literally every other trader....Simple & true, and that's just my opinion of course... Thanks, Nader

Are we all enemies at the forex market?

In my opinion, a professional & winning trader will make about the same returns as a professional & winning investor...Traders also engage in long term trades, but they time their entry, position themselves for riding the big move and once they see ...

Time in the Market, Beats Timing the Market? Does this work in FX??

Here it goes below the 1100 my friend....What's your opinion??? Thanks, Nader

What do you think, Usd/Cad up?

This is what I have been saying since this thread started... For pablo88, don't intensify your loss and average down on a losing position...Yes, there is a rule which says, what goes up must come down, and what comes down must go up, but you never ...

What do you think, Usd/Cad up?

Bloomberg TV is my favourite....In my opinion, they are the best out there...Unbiased in most of the cases, getting you live with all 3 session of the world 5 days a week with great commentaries during the day and during the weekend & of course, ...

Where to get breaking news

This chart is a great one Jim...I noticed that the 20 years high was just at the time where Gold peaked in the 80s...Now, considering inflation, Gold is at low prices relative to the $850 of the 80s, and thus it is suggested that the CAD is still ...

What do you think, Usd/Cad up?

This means that I must pary to GOD and thank my government...To fill a 12 gallon tank here in Egypt (Assuming that 1 gallon is 3 litres), it will cost me 36 Egyptian Pounds, which translates into $6.2...Wow, what a difference...Even if I used the ...

what's the matter with the USD???

I do have a multi currency account with a local branch of a multi-national bank here in Egypt, it's no problem at all to have a local account which contains EGP, USD, EUR, GBP or any other foreign currency....Wire transfers in & out are also ...

Buying currency abroad

Merlin, I do have faith, it's just that I am diversefying Thanks, Nader

Gold Discussion

Note that when you do have more money because the central bank printed more of them, you will eventually have more demand for everything, this is a "psychological" phenomenon...Gold can't be printed at near zero cost...You can print a $100 note at ...

Gold Discussion

There is a simple solution to this issue in the future... First of all, think in probabilities... Second, when you have a strong feeling that you want to go against the trend to catch a reversal, always reduce your position size to the lowest ...

I'm crashed today.

Well, I still haven't read the whole article yet, but I got the clue from the first paragraph.... Yes, it is so true that it is hard to believe....Believe me or not, I have ZERO faith in ALL the currencies we are talking about over here...When ...

Gold Discussion

Just a little correction, the posted image shows that people are long the USD/CAD, thus they are long the USD and short the CAD, and as the pair goes down, those huge amounts turn more red creating massive resistance as you mentioned on ...

What do you think, Usd/Cad up?