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  • Minutes of the Federal Open Market Committee

    From federalreserve.gov

    The manager of the System Open Market Account (SOMA) discussed U.S. and global financial developments. In global markets, strains in emerging market economies (EMEs) contributed to volatility in currency and equity markets over the period. In addition, concerns about trade tensions between the United States and China were the focus of a great deal of attention among market participants. Such concerns led the Shanghai Composite index to drop as much as 8 percent at one point over the intermeeting period before recovering somewhat. The renminbi, however, was relatively stable, reportedly in part because investors ... (full story)

Added at 2:03pm

  • Fed points to more rate hikes amid criticism from Trump

    From cnbc.com

    Federal Reserve officials remain convinced that continuing to gradually increase interest rates is the best formula to preserve a steady economy, according to minutes released Wednesday of the central bank's most recent policy meetings. That may not please President Donald Trump, who has been vocal in his criticism of the central bank's actions. A summary of the Sept. 25-26 Federal Open Market Committee session reflected both confidence in the rate of growth and some hesitancy over the impact that tariffs might have on the future path. Ultimately, the committee unanimously voted to approve a quarter-point hike to its ... (full story)

Nothing new. Go head up usd ..gasss
Nothing new :-(
More Bullish (We will see EM currency will bloodshed at tomorrow)
YAY to the FED defying Trump ... USD gonna get wings soon and fly
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
I do that all the time.
Quoting nbfx
{quote} I do that all the time.
Why would I go short on dollar? Please enlighten me bro
Quoting OnlineAddict
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
Attached Image
...because you never know - until you do!
The tone still remain the same! ''In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments."
  •  Guest
  • | IP XX.XX.179.110
Well wish you luck going against the herd this time by buying the no-brexit deal GBP and EUR doomed by italian budget and selling the rate hiked USD
Dollar will go down soon .......
Quoting nbfx
{quote} I do that all the time.
Do what??

If you read Online addiction you'll be better off to work as a flower girl at Trump rally

Sure they pinch you... But they give financial advice too
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
USD looks bearish then?

Quoting OnlineAddict
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
#doyourownanalysisordietryin
Quoting Bones
USD looks bearish then? {quote}
Maybe, his monitor was upside down
Quoting Not-KPMG
{quote} Do what?? If you read Online addiction you'll be better off to work as a flower girl at Trump rally Sure they pinch you... But they give financial advice too
Actually, I really don't care what any individual is doing, but I do assess what the majority are doing and the majority of retail are wrong most of the time. This and other boards are a good barometer of how retail is thinking. IF 95% retail lose then doing what they do is not a smart approach.
  •  Guest
  • | IP XX.XXX.34.135
What will the markets look like after another three rate hikes and the $ remains range bound?
Quoting nbfx
{quote} Actually, I don't really care what any individual is doing, but I do assess what the majority are doing and the majority of retail are wrong most of the time. This and other boards are a good barometer of how retail is thinking. IF 95% retail lose then doing what they do is not a smart approach.
And you know what, traders are currently net long on EUR and GBP and net short on DXY, good luck shorting the USD..
Quoting nbfx
{quote} Actually, I don't really care what any individual is doing, but I do assess what the majority are doing and the majority of retail are wrong most of the time. This and other boards are a good barometer of how retail is thinking. IF 95% retail lose then doing what they do is not a smart approach.
95% of retail loses? REALLY?

Says who........

I'm a "retail investor" and I DO NOT lose $.

Herd behavior IS important and one of the principles behind EW theory.
...because you never know - until you do!
Quoting fxsport
{quote} 95% of retail loses? REALLY? Says who........ I'm a "retail investor" and I DO NOT lose $. Herd behavior IS important and one of the principles behind EW theory.

Good to hear.
I'm retail too, and I do just fine as well, but while the 95% number might well be disputed it is most certainly 80%+ (a number that has repeatedly been shown to be the case). Sadly we are exceptions...

As to herd behaviour , don't confuse what retail are doing with what Commercial and non-commercial players are doing. (retail is but a small part of an enormous market...)
make it simple the herd are buying USD right now and tomorrow

Quoting conglomerate
{quote} Maybe, his monitor was upside down
#doyourownanalysisordietryin
Quoting Bones
make it simple the herd are buying USD right now and tomorrow {quote}
If you are only just buying Dollars now then you are very late to the party...
last week and a half $ been down
today $ is much up that's what we're discussing

Quoting nbfx
{quote} If you are only just buying Dollars now then you are very late to the party...
#doyourownanalysisordietryin
Attached Image (click to enlarge)
Click to Enlarge Name: usd.jpeg Size: 128 KB


#doyourownanalysisordietryin
Quoting Bones
last week and a half $ been down today $ is much up that's what we're discussing {quote}
OK - I get you - I've been feeding into the $$$ dips since early 2018 - reduce a bit - add more back- rinse repeat. Now reducing on the rallys and adding less back reducing down generally...

Added I have a chart just like that for each of the majors except I rebased each cross first so no one cross has a disproportionate effect...
no I'm just discussing the story ,the story is bullish

Quoting nbfx
{quote} OK - I get you - I've been feeding into the $$$ dips since early 2018 - reduce a bit - add more back- rinse repeat. Now reducing on the rallys and adding less back reducing down generally...
#doyourownanalysisordietryin
and tomorrow ,the same story carried on
#doyourownanalysisordietryin
maintain this position,
you're going to be in trouble

Quoting OnlineAddict
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
#doyourownanalysisordietryin
to much tv watching ,learn charts post charts
#doyourownanalysisordietryin
bad attitude
#doyourownanalysisordietryin
Obviously it's spikey moves NOW.

Sell EU now and about 1530 (ex support) and 1560 some MA area.... 1580 at stops....

Of course you can just wait for correction and sell tomorrow lunch. But where the price will be? You could miss big

I got chart in my journal.
🍻

If pound drops I'll post some beautiful meme.
Attached Image
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting OnlineAddict
I am just here to see what the herd is doing...to do the opposite. Thanks for the confirmation, guys.
i'm here to see what homer simpson doing.. to do the opposite.
trading has never been this easy lol
"If you run, you'll only die tired." - Sniper's philosophy
Attached Image
...because you never know - until you do!
Quoting tomiko
{quote} i'm here to see what homer simpson doing.. to do the opposite. trading has never been this easy lol
Really? Show me your account doing the opposite, let's have a laugh together.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} Really? Show me your account doing the opposite, let's have a laugh together.
seriously homer? you're even funnier than krusty the clown
Attached Image
"If you run, you'll only die tired." - Sniper's philosophy
Quoting tomiko
{quote} seriously homer? you're even funnier than krusty the clown {image}
Just what I thought, another troll pretending to be trading to have (at least)some imaginary friends on a message board.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} Just what I thought, another troll pretending to be trading to have (at least)some imaginary friends on a message board.
first of all, asking ppl to show their account? don't you have any more ridiculous request?
second.. troll? prentending to be trading? imaginary friends?
lol, i've got a good laugh just by watching you make those assumption

your avatar truly represents you. way to go, homer!
"If you run, you'll only die tired." - Sniper's philosophy
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