Risk Off - On : Yen rallies : EM markets suffer

What a year to start with ..China PMI prints lower than expected , the end result :- stocks plummeted all over the globe . As China slows down ..will be there a ripple effect on the world economy .. Emerging markets face a severe threat with the big money going towards more developed countries ..
we have already seen EM currencies under pressure in 2015 ..an i think it will continue for this year , with most countries to lower down interest rates to spur economic growth , we can see the carnage in EM currencies in 2016 .
S&P , DAX all were in red as most of the indices over the world ... Yen as the strongest currency today as rallying among all basket of currencies . ISM prints lower , is interest rate hike decision by the Fed was a correct move .
I have included my Live account details ..even though its a low account size ..what matters most is am i trading with the acceptable draw-down levels and profit
It will be visible on your right side of the screen ..

My next post will be the picks of 2016 on stocks and currencies .

Happy Trading 

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