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  • Trump says dollar is going to get stronger and stronger, ultimately 'I want to see a strong dollar' -CNBC

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  • Trump says dollar will get 'stronger and stronger,' Mnuchin was misinterpreted

    From cnbc.com

    President Donald Trump said the U.S. dollar will strengthen over time under his leadership and that recent remarks made by Treasury Secretary Steven Mnuchin about the greenback were misinterpreted. "The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," Trump told CNBC in an exclusive interview from the World Economic Forum in Davos, Switzerland. "Our country is becoming so economically strong again and strong in other ways, too." Trump's latest remarks about the U.S. currency diverge somewhat from past comments he has made. Last April, Trump said he was worried the dollar ... (full story)

And there you go...
thanks Donald!!!


Just gotta love FX
  •  Guest
  • | IP XX.XXX.144.30
My thoughts go out to those with 15 pip stops
DOWN WE GO BABY!!!
LOL
is Trump God? Yes, he is
Um, Donald? Are you feeling all right, man?
I mean we're all right with a strong dollar, but are *you* actually feeling all right?
All comments like these always come when price is at resistance or support so just back up the technical's anyway lol
USD will rise BIGLY. The world is ruled by idiots. Anyone could be a president of the US or any other country. Complete fall down of elites.
always around this hour, lol
doesn't change anything tho, cos it's my bedtime 😂😂😂
Donnie started the euro uptrend around 1.05 with a comment about a strong dollar...one year ago...I still remember the day...it was by the end of the day, too, before the market close.
let's see if it survive asian session. i bet it'll bounce back again 😂😂
Actually this correction was just waiting for a justification for Dollar strength from the likes of Trump

ultimately GBP and EUR is heading down into NFP and USD Fed decision
Get it while you can folks!
Quoting JakubSzalaFX
USD will rise BIGLY. The world is ruled by idiots. Anyone could be a president of the US or any other country. Complete fall down of elites.
I'm pretty sure we've learned this lesson back in the Bush Jr. years.
  • Post #17
  • Quote
  • Edited at 3:23pm Jan 25, 2018 2:20pm | Edited at 3:23pm
LOL, that's hillarious
Saw this good cop routine coming a mile away...
I mean I thought it was a mile. Turns it out was a few feet from my face. I need better glasses.
Really, he couldn't hold off this talk until his Davos speech? dag nam it.
Quoting Eccles
{quote} I'm pretty sure we've learned this lesson back in the Bush Jr. years.
People never learn. Elites can do whatever they want with masses. It is so easy.
Don't be fooled, guys. The dollar rise is a head fake. It will continue its resumption to the downside. Looking at the overall picture in terms of fundamentals, investment migration to other economies besides USA is the least path of resistance from this point on.
Quoting raklian
Don't be fooled, guys. The dollar rise is a head fake. It will continue its resumption to the downside. Looking at the overall picture in terms of fundamentals, investment migration to other economies besides USA is the least path of resistance from this point on.
ok sell it and tell us how it went
  •  Guest
  • | IP XX.XXX.172.202
Yesterday they talked quite the contrary, the weak dollar supports improving exports of goods))))
Is there any way to get High impact news to my phone as notifications?
Quoting raklian
Don't be fooled, guys. The dollar rise is a head fake. It will continue its resumption to the downside. Looking at the overall picture in terms of fundamentals, investment migration to other economies besides USA is the least path of resistance from this point on.
Best let the price action play out to determine if it's a fake or not. Stay safe people. We live in interesting times...
If the price be a "spike" flower LOL
Quoting Guest
My thoughts go out to those with 15 pip stops

LOL
i was gonna sleep and this suddenly come wtf TRUMP!!!!!
Quoting Guest
Yesterday they talked quite the contrary, the weak dollar supports improving exports of goods))))
It does, it sure does! The problems start if your exporting industries need to import parts or materials to actually produce stuff.
Bears make money, bulls make money - pigs get slaughtered.
Some of you guys need to quit marrying one sided trading. You fall in love with these currencies and stay so stubborn you blow your account. Just trade what you are seeing in these events and move on. This volatility is good to make money in if you know how to trade even half decent!
Quoting livetotrade
Bears make money, bulls make money - pigs get slaughtered. Some of you guys need to quit marrying one sided trading. You fall in love with these currencies and stay so stubborn you blow your account. Just trade what you are seeing in these events and move on. This volatility is good to make money in if you know how to trade even half decent!
I'm with you
Like I said earlier today...european politicians have no fucking balls...if an american wants something, he will say it loud and clear!
  •  Guest
  • | IP XXX.XXX.212.141
He just spoke and didn't tweet yet!! :-D
Quoting livetotrade
Bears make money, bulls make money - pigs get slaughtered. Some of you guys need to quit marrying one sided trading. You fall in love with these currencies and stay so stubborn you blow your account. Just trade what you are seeing in these events and move on. This volatility is good to make money in if you know how to trade even half decent!
Spot on mate. Spot on. ..... Holdig on to losing trades is the problem of the most of the traders.
Quoting raklian
Don't be fooled, guys. The dollar rise is a head fake.
I was reading the same comments last year when euro was around 1.05. The same people who were selling it back then are the same people who are buying 1.25 today. This never changes...
Ultimately, Trump is king... so to speak. He overrides everyone under his administration! A strong USD in the long run shows the strength of the American economy... that's number one in Trump's "America First" agenda.
real king. gain more than 200 pips as he want. thats it very simple. no economical growth required. kudus
Tuckin Frump troll become headline today.
so what now? is he gonna take credit of the dollar bubble too once dxy goes above 100. or will we still have the controlled demolision of the united states.
Whoever is the president when the dollar tank will take blame and therefore its fair game for him to take credit too
People claim crypto raises on no substance. Where is the substance here? Hot air coming out of the mouth of a lunatic make the dollar jump. Time to turn away from the corrupted Fiat money world. Time for wealth redistribution!
Quoting jez
People claim crypto raises on no substance. Where is the substance here? Hot air coming out of the mouth of a lunatic make the dollar jump. Time to turn away from the corrupted Fiat money world. Time for wealth redistribution!
Assume market is manipulated at all times then you won't get worked up about things like this.
CAD CPI Will hammer you tomorrow. Good day.
Quoting OnlineAddict
Donnie started the euro uptrend around 1.05 with a comment about a strong dollar...one year ago...I still remember the day...it was by the end of the day, too, before the market close.
Exactly, andI remember it was a 50 pip move then it almost retraced completely only to resume upwards. Here you have 100+ pips already lol
Quoting OnlineAddict
{quote} I was reading the same comments last year when euro was around 1.05. The same people who were selling it back then are the same people who are buying 1.25 today. This never changes...
what about your expectations on gold then?
Quoting FateAnother
{quote} what about your expectations on gold then?
Since gold mostly follows euro, same direction...down. Maybe 1280. But I am not really experienced enough to comment on that.
Quoting Guest
My thoughts go out to those with 15 pip stops
Couldn't help laugh at t his comment.
15 pips is for traders with training wheels.
Basically useless. You just keep bleeding out till your account runs out of $$$
Quess we will see some profit taking in USD shorts then. Possibly US index go to either 89.7 or 90.45 over the short term.
Time to change direction for short term then,...
Quoting FateAnother
Quess we will see some profit taking in USD shorts then. Possibly US index go to either 89.7 or 90.45 over the short term. Time to change direction for short term then,...
94-96
euro will crash to parity lol!
Problem is USD is being sold too fast (and EUR, GBP and JPY appreciated too fast). The problem is not so much in the extent but in how fast it appreciate/depreciate within a short time. Such a fast rate (huge volatility) is a threat to price stability which has repercussions on the financial system health (even within US) and business profits and will also derail many policy agenda set in place for a long time (like ECB monetary policy being threatened by such a fast rate of EUR appreciation). Maybe now Trump administration realized the foolishness of their unilateral verbal intervention and perhaps will appreciate the work of central bankers adopting a "gradual" approach guiding exchange rate movement.
every things is mani
Quoting OnlineAddict
{quote} 94-96
94 still logical over the longer term. 96 a bit stretched i think.
Quoting Guest
My thoughts go out to those with 15 pip stops
Agree. I'd rather have a 75 pip SL and lose 5 times as much
Quoting Hareii
Problem is USD is being sold too fast (and EUR, GBP and JPY appreciated too fast). The problem is not so much in the extent but in how fast it appreciate/depreciate within a short time. Such a fast rate (huge volatility) is a threat to price stability which has repercussions on the financial system health (even within US) and business profits and will also derail many policy agenda set in place for a long time (like ECB monetary policy being threatened by such a fast rate of EUR appreciation). Maybe now Trump administration realized the foolishness...
Correct

Life is a learn as you go process.

Most people thinking Trumps initial utterances can be accurate will or supposed to wake up to life in the real world if they are capable of learning.
This is no brainer Donald was going to say whatever he said. It is just shocking it has such a large weight on the market, this just proves even a kindergarten Joe elected/put to position and saying whatever he want can cause huge waves and these are definitely not the waves of shock, but idle approval. Unbelievable.
Quoting imbonitore
is Trump God? Yes, he is
I wouldn't go that far, but...

https://www.youtube.com/watch?v=GQsjBLPBB8M
Quoting paka
This is no brainer Donald was going to say whatever he said. It is just shocking it has such a large weight on the market, this just proves even a kindergarten Joe elected/put to position and saying whatever he want can cause huge waves and these are definitely not the waves of shock, but idle approval. Unbelievable.
It wasnt what he said that impacted the market and good technical analyst would know that the correction was coming.

Its important to understand that the market is largely technical not fundamental at all. Anyone observing how the candles are painted must realize that the price mechanism is just tied to whichever pair they want to tie it to and just keeps moving regardless of the news.

This is something aspiring pro trader must understand.

So in short its movement first then the justification after....Its humans after all. Meaning this is textbook human behaviour...act on emotions then use a justification to feel good
Why of course it's only going to get stronger and stronger Donald. The topping action last year and freefall, are just figments of the imagination lol...
The US Dollar will become as strong as that Wall.
Quoting DonFF
{quote} It wasnt what he said that impacted the market and good technical analyst would know that the correction was coming.

[...]
Well, good to hear it is a _correction_.
Sometimes Cad cpi blasts 60 pips in 5 seconds. I'm still holding on. I'll see tomorrow
Big bets can lead to big losses or big wins. I'm restarting screen monitoring with specific conditions as of today. We never know when the next big mouth will open.
with enough leverage, even usd is not stable anymore.
leverage shouldnt be more than 200

rarely need much more than that
  •  Guest
  • | IP XXX.XXX.113.52
Anyone who sincerely believes Donald Trumps utterance in Davos caused the $ to rise should not be trading at all. It is sincerely pathetic to think that a non-policy comment by the head of a government reversed an earlier attribution to a subordinate an opposite move. This of course ignores the fact that the $ is in a downtrend having just reached a key low point and that the entire $ was therefore in consolidation or a range to keep it simple when these alleged causations occurred. Since in a range price is moving very fast in relative short cycles (compared to a trend) it is very easy to call any random event or news as explanation. it is easy to get away with it because (while not random) the market behaves as if it was random in a range. Very sad then that the people traders like trust are just as lost or confused.

(-_-)
Well am not smart enough to know alot nor is the future known by me, but had 3 positions on at around 1:30, long when it shot up had no idea why was not expecting that move. So just booked a nice profit once my chart level was hit. Whatever caused the sudden move is not that important. Who realy knows what goes on in higher places? Technicals just got enahanced by something, was it Trump Or did they bankers call him and say hey Don we need to move price a little so this after noon make a comment.
Quoting Guest
Anyone who sincerely believes Donald Trumps utterance in Davos caused the $ to rise should not be trading at all. It is sincerely pathetic to think that a non-policy comment by the head of a government reversed an earlier attribution to a subordinate an opposite move. This of course ignores the fact that the $ is in a downtrend having just reached a key low point and that the entire $ was therefore in consolidation or a range to keep it simple when these alleged causations occurred. Since in a range price is moving very fast in relative short cycles...
It's very obvious that the news caused the large spike. The question is will it all reverse when people realise the mistake. I'm betting it will and bought in at the peak, and am now hoping to ride the USD back down.
Market is as random as people wanting money is random.

Most of the more volatile pairs will move in atrocious ways and stop you out if your stop is less than 100pips and your timing is a little off which is invariable as the market start and end points are never fixed.....just a matter of where they have the opp to clear positions.

Its always a cash grab just have to trade within your limit so they dont grab yours
Quoting Jr123
{quote} It's very obvious that the news caused the large spike. The question is will it all reverse when people realise the mistake. I'm betting it will and bought in at the peak, and am now hoping to ride the USD back down.
Its likely to close 107 before changing direction likely moving down in the channel since GU is also likely to move down back to 1.35/6 for the next month after easing up a bit for the Fed interest rate and NFP
I love these clowns LOL
Don't be fooled by fundamentals. It'll come soon. Tax bill, whatever.
That's a direct call for US Dollar strength.
Long term, months, I see the possibility of USDJPY going to around 118 zone.
Have a look at the weekly chart.
This would justify what Trump said.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 110 KB
Quoting WhiteMouseFX
Don't be fooled by fundamentals. It'll come soon. Tax bill, whatever. That's a direct call for US Dollar strength. Long term, months, I see the possibility of USDJPY going to around 118 zone. Have a look at the weekly chart. This would justify what Trump said. {image}
Sorry don't see it. My lowest trend line is USDJPY 101.294 for 2018. Maybe before Sept.
Stomp-Trump going on on Usd/cad
http://uk.businessinsider.com/trump-...anation-2018-1
Buy EURUSD ABOVE 1.2385 TP🎯 1.2670

BUY GBPUSD ABOVE 1.4165 TP🎯 1.4470

BUY GOLD ABOVE 1341.50 TP 🎯1374-1380-1400


Soon

Not worry about trump
build the wall..
Quoting mae4206
build the wall..
or two
ok right now market thinks hes a joker and started dumping $ again. lmao
Quoting Scarface1
Buy EURUSD ABOVE 1.2385 TP🎯 1.2670 ....0 Soon Not worry about trump
Yes.
Trump is a liar, noone believes him. Of course.🐒🐒

Buying 1.2400-2440 zone. May spike .2380 great.
Target though 2720.👍
But mind a double top so part profit 2520-50.

Did you hear he tried to fire Mueller ???😱😱
What a guy!!!
Quoting Wize
Ultimately, Trump is king... so to... A strong USD in the long run shows the strength of the American economy... that's number one in Trump's "America First" agenda.
Hahaha.
Strong dollar??? 😱😱

I want what you're smoking 💉🐒😂😂
Trump-Stomp continues at USD/CAD. Wait for for CPI. We will milk you.
OMG such a bull-trap on USD/CAD. It's a nasty red scene. RIP
Quoting tomiko
let's see if it survive asian session. i bet it'll bounce back again 😂😂
just as expected. bagged a hundred pips from gbpusd since tokyo open.
THANKS TRUMP!!
ROTFL LMFAO 😂😂😂😂😂😂😂
  • Post #85
  • Quote
  • Edited at 4:21am Jan 26, 2018 3:33am | Edited at 4:21am
Trump said that "ultimately I want to see a strong dollar" Ultimately is being interpreted as in the longer term by the major institutions"

Therefore the major institutions see that nothing has really changed in the medium term outlook since Draghi's speech yesterday in which he said "Incoming information confirms strengthening of economy that has been broadening" These major institutions still see the EU markets as a good place to invest in the medium to long term.

Trump's speech yesterday and the knee jerk reaction it caused just gave them a better price to buy the Euros they need to buy assets in Europe. Hence the rally in the Euro today. The same applies to the demand for other currencies too. A better price to buy them at.

Remember that to be successful, it is not about what we think that matters, it is what these major institutions think. The have a major impact on the FX market and so we need to understand what they think and then ride on their coat tails.

This is how the traders at the big boys trade. I know because that's where I got my training. If you want to see a really good daily free analysis follow Amplify Trading on Twitter. Their Analyst publishes some of the daily briefing he gives Amplify's professional traders on Twitter. You will also get an insight into how professional traders use a combination of fundamental and technical analysis. Amplify also train traders for quite a few of the the big boys.
Quoting TraderBen
Trump said that "ultimately I want to see a strong dollar" Ultimately is being interpreted as in the longer term by the major institutions" Therefore the major institutions see that nothing has really changed in the medium term outlook since Draghi's speech yesterday in which he said "Incoming information confirms strengthening of economy that has been broadening" These major institutions still see the EU markets as a good place to invest in the medium to long term. Trump's speech yesterday and the knee jerk reaction it...
his tax plan is 4 years plan anyway, and this is year 2. So, ultimately after 1-2 more years he want to see strong dollar, not now.
Quoting CoolJL
{quote} Assume market is manipulated at all times then you won't get worked up about things like this.
Really?
From April 2011 Low to Dec 2016 High it is now down 50% of that range--what do markets do at 50%---Time will tell, regardless of who says what!!!!
Right now UJ could either bounce up from the Wedge or go down

Market makers trade to target so its going down towards 107 target then 100

Basically it will remain in range until early march before move down
Quoting OnlineAddict
{quote} I was reading the same comments last year when euro was around 1.05. The same people who were selling it back then are the same people who are buying 1.25 today. This never changes...

Very well-said, at times I think that FF has bots posting simple and structurally nonsense comments impersonated by CTAs and rock star traders to keep the babbling going on these forums.
Legarde, Draghi warned, if the U.S. or other countries will follow the U.S. in a race to devalue their currency
...that means another "currency war"!!!
...oh, sht, come on, not again ! Nobody really wants that! Another crisis on the top of other crisis!
Those idiots don't have anything else to do better for their economies ?!?!
The world can go that crazy because talk-like-a-gambler Mnucs and ...Trump, a megalomaniac buffon!?!?! WTF!
Quoting Scarface1
Buy EURUSD ABOVE 1.2385 TP🎯 1.2670 BUY GBPUSD ABOVE 1.4165 TP🎯 1.4470 BUY GOLD ABOVE 1341.50 TP 🎯1374-1380-1400 Soon Not worry about trump
Your expectation is breaking basic trading rules.

After a trend there is consolidation or ranging which implies correction a part of that before moving up.

The trickiest part of trading is that most less experienced traders completely forget that this is not a toy but a valuation of the exchange rate used between 2 countries.

Meaning that the rate must be recalibrated by economic results after the move up. Another way of saying this is "how did the economy cope" with the rate in high 1.30's(1.31) compared to low 1.30s (1.39).

It must be accepted that the degree of correction is related to economic results obtained after trending to new price level.

By being informed of this a trader may get a better idea how to trade with the Trend cycle.
am getting better at this . did long this morn early on had in mind the news from yesterday but the chart is truth
did the same thing that has been working, stuck to my plan, took out some pips and went home .
what will King Dollar do who knows.It was quiet today 88 25 shows on my weekly chart a possible spot for a bottom not to the tick ,maybe to 87.75 if that holds up it may go higher. Just another opinion.

here is my meager results nothing to brag about but consistent is nice,
https://www.screencast.com/t/Wc8EUPkPrU
You guys are funny...a retrace is normal after yesterday's late euro dump from 1.25+....doesn't change a thing. I will remind you, who are buying at 1.24, when we are around 1.17, I hope you are not over leveraged, so you can survive the dump coming.
BUY the Speech
SELL the Tweet
Quoting OnlineAddict
You guys are funny...a retrace is normal after yesterday's late euro dump from 1.25+....doesn't change a thing. I will remind you, who are buying at 1.24, when we are around 1.17, I hope you are not over leveraged, so you can survive the dump coming.
A profitable trader knows where the low is and trade up from there.


Thats what I have been saying all of last year that the GU is a buy so one only need to buy from lowest point of the year even....which quite likely would have been hit already.

My biggest tip for the year so far....The next lowest is coming in Mar wait for it!
  •  Guest
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  • Posted: Jan 25, 2018 2:04pm
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     Newsstand
    Category: High Impact Breaking News
    Comments: 96  /  Views: 34,805