26-30 OCT NEWS

US consumer confidence fell for second month...
causing spike down at 10pm just now... this effect GJ as well

http://www.bloomberg.com/apps/news?pid=20601087&sid=a_xPp7Pzgs5E

although there is good news on US house price, but seems like it has been offset by consumer confidence bad news

this post I think should be in FA, but I can't create new topic for this week FA...
maybe u can move this post there after u create this week topic

Thanks Richard...
nothing much for today's news
yen getting stronger this morning

-trader's sentiment-

People are cautious; they lock in profits the moment they see a drop in earnings from company reports.

drop in earnings from company reports alarmed trader to be cautious
bask to safe heaven Dollar & Yen...

oh shaz, do you have a team of traders or do you have a network of traders trading together?

u know I don't hv team of trader with me...
you are my teammate la...

nope don't hv network of traders trading together either...

why? you want to form trading company?

I m thinking more of a trading group. Haha.. Our team of 2 needs growing!

I wonder, if we have a chance to really learn from a good mentor that isn't those that are in for the money. Those really good mentors...

ya lor... only 2 of us active trading currently...
to find such person is quite hard... except you always lepak with the guys then become kamcheng buddy... maybe he don't mind to help become mentor

for the time being, all we can do is sharing knowledge
BTW, who is baby_angel?

Oh, she is someone that changed her job to a trading company recently.. Though she's pretty quiet.. haha. She's new to forex so, let her in here hopefully she can learn something from here..

btw, back to the topic.. potentially big news tonight... USD GDP report. yum!

10pm tonight are u ready to rumble? ha..ha...
I expect another bad news for US

hmm... lets see if i can play news trade tonight...haha

USD GDP better than expected, 3.5%!

Seems unexpected good news tonight
http://www.bloomberg.com/apps/news?pid=20601087&sid=aL3jHqTqtocU