Forex Trading JournalForex Trading on EurUsd, GbpUsd, UsdChf, UsdJpy and EurJpy. My focus are in day trading and also longterm trades which are based on both technical and fundamental analysis. I also take high considerations to macro-economic factors. My aim is to become an expert trader.Malaysia's 2009 Budget and Loyalty Pledge by Barisan Nasional's MPs- August 29, 2008 20 Sabah's and Sarawak's Parliament Members hold a press conference stating their loyalty stance with the Barisan Nasional at the lobby Parliament, yesterday.A group of parliamentarians from Sabah and Sarawak in East Malaysia within the ruling parties of Barisan Nasional, are preparing a formal pledge which will be initialed by all Sabah and Sarawak Barisan Nasional MPs. The group hopes to present the loyalty pledge to Prime Minister Badawi the next few days. The pledge is being led by Unity,..http://forex-tradingjournal.blogspot.com/2008/08/malaysias-2009-budget-and-loyalty.html Oil and Commodities Relief to Come, Policies Shifting to Growth Issues- August 20, 2008 Oil has come off its July record and other commodities fallen back, suggesting that if this is sustained then relief should eventually be seen on the inflation front, leaving Central Bank's clearer skies to deal growth issues.While the focus has been on the sharp retracement oil prices - over USD 35 off the highs above USD 147 in late July - metals have also been wilting under the pressure from downward revisions to global growth and Dollar strength leading to the unwinding of commodity hedges,.http://forex-tradingjournal.blogspot.com/2008/08/oil-and-commodities-relief-to-come.html Najib Hinted Lower Oil Pump Price- August 19, 2008 Deputy Prime Minister Najib has hinted that government would make an announcement of lower pump prices soon, saying that government may have good news for the people soon over fuel prices. According to the DPM, Budget 2009 will be announced on August 29 will see more help for the people especially those in rural areas where there is still much to be done. Najib assures that outcome of the Permatang Pauh by-election would not change the Federal government saying that it will determine the MP...http://forex-tradingjournal.blogspot.com/2008/08/najib-hinted-lower-oil-pump-price.html Yen Carry Trades to Recover- August 14, 2008 FX players are tip toeing back into the Antipodean Yen crosses after yesterday's madness and a steep decline which kicked off 3 weeks ago. Technically, carry trades are looking well oversold, and appear ripe for a major correction. In particular, the sell off in the AUDYEN is looking exhaustive after losing 10% on Wednesday from its July peak. As a whole, the Aussie has already aggressively front loaded expectations for Reserve Bank of Australia (RBA) cuts and risks to be more surprised if the..http://forex-tradingjournal.blogspot.com/2008/08/yen-carry-trades-to-recover.html Permatang Pauh Election; Anwar verses Arif Shah Omar- August 14, 2008 In the run-up to the by-election of Permatang Pauh, the ruling Barisan Nasional has announced its candidate to face-off defacto opposition leader Anwar there. But according to the candidate Arif Shah Omar who said he was just as surprised as everyone else when his name was announced. Arif Shah was not hailed from UMNO division in Permatang Pauh, as this may cause displeasure for members who have been working the ground there in past years to find a candidate being parachuted there. Tuft issues..http://forex-tradingjournal.blogspot.com/2008/08/permatang-pauh-election-anwar-verses.html |