ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Avoiding credit rating agency news 4 replies
S&P lowers Greece's, Portugal and Spain's rating 2 replies
DislikedIf your broker is open over the weekend(for ex. Oanda).. is there a safe trade to get into due to this ? Long AUDUSD 100 lots maybe ? What is the best trade to take at this time given this huge news, while the rest of the forex world sleeps ?Ignored
DislikedMy broker is closed till Monday so in my case, I've already been positioned in over the last few months.
If this news is able to be exploited then its already been done. Us retail guys are the last to hear the news.Ignored
Dislikedso you think this news/previous rumor is already priced in ? the USD has been gaining quite a bit this last week, so i dont know why that would have happened if they knew this was a surety. if the USD would have tanked throughout this week , i would have understood. however, from reading the news it seems to have come through as a surprise, so i am guessing USD will tank when trading opens next week. just my 2cIgnored
DislikedI don't get it...the link talks about the equity markets dropping and another recession. Wouldn't that raise the value of the US Dollar, similar to what happened in '08? I thought the equity markets run inverse of the USD.Ignored
DislikedPeople flock to treasuries during crisis, because they are considered the safest of instruments, but now they are not so safe, money will flow out of dollars into other things.Ignored
DislikedFinally the US was downgraded as well.
I read an article which showed that the US is in relative terms even worse off than greece, if you count in every expenditure the US has (and is not shown in the federal budget). At least now the rating agencies IN the US finally downgraded their own country.
Took a while.Ignored
DislikedUS cannot be in a worse state than Greece because they issue their own currency which also happens to be a world reserve currency.Ignored