USD/ZAR - US Dollar South African Rand

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Latest USD/ZAR Comments

Marthinus De Beer 39 minutes ago

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For all its economic troubles, South Africa has managed to keep inflation within its central bank's target band. The latest numbers on Wednesday confirmed this. As the following graphic shows, inflation has been within the South African Reserve Bank's 3 to 6 percent band for most of the past five years After rising above target last year and the early part of 2017, it has now been within target for five consecutive months. That allowed the bank to cut in July and is expected to lead to a repeat performance at least this Thursday.The latest Reuters poll suggests the SARB will cut its benchmark repo interest rate by another 25 basis points, taking it to 6.50 percent.The rest of the economy, in the meantime, could probably do with a monetary boost. As this graphic shows, GDP and unemployment have been heading in opposite -- and adverse -- directions.

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Jay pipin 7 hours ago

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Hi traders, from tomo i would like to post entries and exits USDJPY, EURUSD, GBPUSD, and USDZAR. I trade max 10 using this strategy because it is intensive and will post only these pairs as time and effort. This is not using SR. Uses trend but can go against trend with more confirmation. I use m5 time frame. Trade 7 am gmt - 11am (max) / early bird trading, we enter trades, take 10-20 points/pips then move SL 10-20 points, so we risk what we made. Close half at the target or sooner if posted. Thing is the intensity for 3 hrs, not sure who can sit and watch me post hmmm i cant post email or whatsapp or website, admin will block or delete post, so will think about it. Who is keen to follow? Sometimes only 2-3 setups per pair, so not always intensive, just need to keep your browser open to see if and when i make changes, could try for a few days and see how it goes..

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Thando 6 hours ago

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I am keen.

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Marc Bergh 4 hours ago

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Thanks for offer Jay but more into swing/trend trading so holding on for longer duration.

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Martin De Beer 4 hours ago

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Sounds interesting

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Jay pipin 3 hours ago

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Martin De Beer Stella so will begin tomo. Trade size as you wish, i suggest start low for a week then ramp it up and then later seperate acc for high risk. Low risk: 0.04 for every 1k usd. SL UJ: 45 pips, EU 50 pips, GU: 60 ZA: 72. I will post entry, SL, TP

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Martin De Beer 1 hour ago

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Cool thanks!

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YaKiddin 7 hours ago

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Would anybody recommend a good trading company? The one im using is ****** only found out I cant withdraw unless I have made certain amount. Shocking!

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Jay pipin 7 hours ago

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That is corrupt. I suggest pepperstone (best fx spreads, poor comm spreads, excellant spreads on gold, silver, location okay, security okay) avatrade (okay spreads, great spread on commodities, okay location and security), dukascopy (great spread, its a bank, safe lic, location etc.)

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YaKiddin 6 hours ago

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Jay pipin Thanks appreciate your advice, ive been doing a bit of research myself.

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