i set an alarm @ 1.0666 ...in the early am today an it was hit i rest same alarm @5pm today..an it was hit again...i wanna add more but think its best to see if the selllers can break that levell..fingers are crossed we get good usd news..thanks ashraf gl
Chloe, keep your eyes on that 61.8% rercmt on USDCAD at 1.0590. seems liek traders are testing the mettle of the Fed by driving dollar down and daring Fed to withdraw liquidity (i.e. talk about higher rates which is good for USD but not necessarily good for econ).
well i decided to run a lil experiment..in 1 acct i accumalated a big position of usd @ x...an only want to sell it all @ x amount..an decided to hold it for the fomc decision..in my other acct im buying block but selln as soon as i see nice profit (100bips or more)..im tryn to see which mmethod is better in the long run...show patientsan get a big patday or grab the $ an run lol...im startn to think grab the $ an run might be best with stradegy with usd...if ur acumalating a big short on usdwhen will u be happy with ur position an lock in ur profits..yesterday when usd ran up to 1.0860 i coulda sold it all locked in 1500buks plus today buy back all my position for 1500buks cheaper..hind sight always 20/20.but if i had sold im sure the fomc woulda been usd positive an it ran to 1.0950 or higher ..gl thanks for your insight
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
On another note.
I'd be curious to know how many forum members make a living from trading forex.
I have 8 times leverage on my account.......thinking about go to 15 times by the end of this year......
do u see the usdcad at parity by year end
with oil a main exporting commodity dropping to the 40 level.
Norges Bank meeting also.
Ashraf