- Search Crypto Craft
-
Vermillion replied May 12, 2026If you have $800 left right now, you should not be buying exactly at round numbers for gold, no matter how confident you are, because round numbers routinely get stop loss hunts. This is gold we're talking about; a couple hundred pip worth of stop ...
Gold with No Drama
- Vermillion commented Dec 9, 2024
No, the value of the renminbi (Chinese yuan) falls, which usually leads to a flight towards the dollar, and raises USD valuation relative to others. China's politburo said LOOSE MONETARY POLICY. That means increase supply of money in the market, ...
China's politburo holds a meeting about the economy. Fiscal policy to be more proactive -...
- Vermillion commented Mar 19, 2024
Buy the rumor, sell the fact. Everyone knew for the last couple weeks that the BoJ was going to FORMALLY announce the intent to hike interest rates in the long run. There's been plenty of individual BOJ officials commenting on it and numerous news ...
Yen drops to lowest vs euro since 2008 on BoJ policy expectations
- Vermillion commented May 4, 2017
It's not about talking up the yen. It's about the increased wages, which should lead to increased consumption => more money/business circulating in Japan's domestic economy => stimulate economy => higher inflation. There are many factors affecting ...
BoJ Gov Kuroda: Confident Can Raise Wages, Prices Significantly – CNBC
- Vermillion replied Feb 28, 2017
UPDATE: TRUMP'S SPEECH IN FULL TEXT BY BLOOMBERG url Update: Full speech by Trump seems to be essentially America First, Mexico pays for wall (left unsaid is whether Mexico will pay for it or not), increase American positive discrimination in ...
EURUSD
- Vermillion replied Feb 28, 2017
url Live text update of Trump's Congressional address from Bloomberg.
EURUSD
- Vermillion commented Feb 28, 2017
Seems like the Scots are leveraging the referendum to get a better deal. Can't blame them; Brexit is a mess than not a single MP had a plan for. Not much to see here, folks.
Sturgeon: new vote on independence likely if Scots get no EU deal
- Vermillion replied Feb 28, 2017
You have to understand that what's in play right now in 2017 is Trump. Technical (i.e. overbought, oversold) and long term fundamentals matter less on the daily/weekly basis than Trump's tweets. There is a correlation between what the says and how ...
The Really Useless Thread
- Vermillion commented Feb 27, 2017
When I was trading fundamentals and ignored Trump, investors and speculators moved in Trump's way. So I tried to adjust my trading strategy to account for intraday trends + likelihood of Trump's tweets (being bull/bear for USD). Now that I'm taking ...
Trump: Tuesday’s Speech To Have Big Statement On Infrastructure – RTRS
- Vermillion commented Feb 26, 2017
According to the latest tweet by our beloved dear leader Trump, the Dow. XD
UK said to prepare for new Scottish independence vote: Times
- Vermillion commented Feb 26, 2017
Yeah...I don't think the Brits will allow it right now, if only for the sake of bargaining positions against the E.U. (and the Commonwealth as well, since Britain is drawing up plans for a Commonwealth based economic system to reduce E.U. ...
UK said to prepare for new Scottish independence vote: Times
-
Profits with an Offshore Broker
Started Feb 26, 2017|Broker Discussion|16 replies
Hey all. I'm a U.S. based trader who's been trading FX for about 3 years now. I was recently ...
- Vermillion commented Feb 16, 2017
Eh. The move was barely what, 70 pips so far for today's lows/highs? I'd say this isn't anything out of the normal.If you worry about the market moving some 50-100 pips over a couple hours in a day, then you should reconsider your leverage/trading ...
We're not seeing any news driving this £ spike, looks like it could be a technical move, with...
- Vermillion commented Feb 14, 2017
Unfortunately, I agree. We're getting hamstrung on margin requirements for ALL pair...out of the dozens of pairs we US people can trade, only like 3 of them operate of 50:1 leverage...95% of all pairs have 20:1 or less. And god forbid you trade the ...
FXCM US clients to be transferred to Forex.com on February 24, 2017
- Vermillion commented Feb 1, 2017
There's one problem....we still get more yields by speculating with forex on leverage, Easiest bet in the world? Sure. But the profits are still less than daytrading on forex.
The easiest trade in the world: Bet against France
- Vermillion commented Jan 31, 2017
Trump's tweets/statements are killing technical analysis. One word, and euro spikes 50 pips in 30 minutes or so. Wow. Why am i supposed to predict how HE will say?
Draghi: Welcome address
- Vermillion commented Jan 31, 2017
BWAHAHAHAHA. I gave up on the cable. They'll NEVER raise the leverage back as long as they have the Brexit/Article 50. And there's a good chance (read: high chance) shit will hit the fan for Britain in the immediate coming years after Brexit is ...
Draghi: Welcome address
- Vermillion commented Jan 31, 2017
Maybe. No-one really knows for sure; if the large financial institutions want to troll us (ex: banging on the close at 4pm London time during the fix), they're not exactly going to tell us, will they? All I know is that I don't like the spike up, so ...
Draghi: Welcome address
- Vermillion commented Jan 31, 2017
Actually, I tend to be an aggressive swing trader. My SL is usually at 30-40 pips, and I often leave earlier if I don't like what i see. I just REALLY don't like the way we had the bounce. It seems like either some jackass preempted a buying spree ...
Draghi: Welcome address
- Vermillion commented Jan 31, 2017
Actually, i think some large traders jumped the gun on this one. No real reason yet for the comparatively sharp rise in the euro considering the daily range so far. If it does move up, it's not from data/news, but rather pure speculation sentiment. ...
Draghi: Welcome address