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  • Minutes of the Federal Open Market Committee

    From federalreserve.gov

    Committee participants began their discussions related to the ongoing review of the Federal Reserve's monetary policy strategy, tools, and communication practices. Staff briefings provided a retrospective on the Federal Reserve's monetary policy actions since the financial crisis, together with background and analysis regarding some key issues. In its policy response during the recession and the subsequent economic recovery, the Committee lowered the federal funds rate to its effective lower bound (ELB) and provided additional monetary policy accommodation through both forward guidance about the expected path of the ... (full story)

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  • Fed members affirm ‘midcycle adjustment,’ see no ‘pre-set course’ for cuts, minutes show

    From cnbc.com

    video Federal Reserve officials who voted to lower interest rates three weeks ago agreed that the move shouldn’t be viewed as an indication that there is a “pre-set course” for future cuts, according to meeting minutes released Wednesday. The summary indicated that policymakers viewed the move as a “mid-cycle adjustment,” an expression Chairman Jerome Powell used in a news conference afterward that was seen as contributing to a stock market sell-off after the July 30-31 meeting. Markets have been pricing in a series of rate cuts, so Powell’s use of the term spread concern that the Fed might not be as ... (full story)

Wonder how this one goes... interesting spike in EUR/USD immediately down 1 minute ago, but appeared to be bought up?
cute rate fever in the world
nothing happened
total farce
this week was very quiet i hope the rest 2 days we see some moves in the markets
minute 30 lets dancing with me #DXY
  •  Guest
  • | IP XXX.XXX.119.196
And... it's gone
100% for another .25% cut!
Feds release minutes.
FX market: wut?
Quoting Rakeem
100% for another .25% cut!
Is that what the odds are now?
so sad slow slow market
im done , i had no trade open , i just wanted to short usdcad because of the fakey in H4 but i thought its better to be out because of this |FOMC meeting . so i lost the oppurtunity and nothing really happend at the meeting neigher . i hope the rest 2 days of the week we see some moves otherwise ill have no trade for the entire week . goodnight
Nobody was expecting anything from this particular release, so it's fair to say that everyone's expectations were met.
Dollar Gains in result of FOMC
Dow and Nasdaq dipped and then rallied over the next 5 mins
Quoting Eccles
Nobody was expecting anything from this particular release, so it's fair to say that everyone's expectations were met.
wait on Donald wake up tweet lol
Its mere minutes. What do u ppl expect with jacksonhole round the corner which is the forward guidance.
Quoting Eccles
Nobody was expecting anything from this particular release, so it's fair to say that everyone's expectations were met.
yes if you said this just 5 minutes before the meeting yes , we might had believed in you .
its super easy to talk after the show in this market .
how long it was, i didn't something especial about rate cut, be waiting for Mr Powell, my anticipation is he will be in favor of $index and against stocks market.
Quoting hesameddin
{quote} yes if you said this just 5 minutes before the meeting yes , we might had believed in you . its super easy to talk after the show in this market .
Is 30 minutes ago enough for you?

Quoting OnlineAddict
{quote} FED minutes have been meaningless for years. The move will build up, but the main move will happen tomorrow.
now there come some sellers , lets watch the show
Quoting Rakeem
100% for another .25% cut!
However, members did not commit to future cuts.
Quoting OnlineAddict
{quote} Is 30 minutes ago enough for you? {quote}
yes , did you say anything 30 mins ago ?
better wait until powel speech in friday
Typical August for the EURO. Everyone takes the month off and goes on holiday. It sure is showing that to be the case, this was the worst month for EURO trading I've had since last Fall.
i think the best pair to watch is USDCAD , there might be a short opportunity
Quoting loriflori
Typical August for the EURO. Everyone takes the month off and goes on holiday. It sure is showing that to be the case, this was the worst month for EURO trading I've had since last Fall.
Euro has been dead, when it comes to volatility, for almost a year now.
  •  Guest
  • | IP XXX.XXX.119.182
why you want short usdcad.....on h4 it made hammer...sign for uptrend????????????????????????????????
  •  Guest
  • | IP XX.XXX.12.172
Quoting forexsignalg
total farce
Many times when the news or event is this important, the release itself merely sets up the actual play to follow, up or down (depending on how your set up reading works). It can look like nothing happened but the market will set up the sequence to follow in a series of fast action chaotic ups and downs on release then position for the next day based on the balance of forces in the remaining e.g. Gold 3 or so hours of the trade day (which clearly is not enough time to express the full scope of any significant impact). Next day may look more impressive -----> releasing the full force of the bottled up impact and catching many by surprise because at that point the mind of many traders may have moved on. Lets not forget it is a market not an economics laboratory. It certainly does not look a farce to me -------> watching Gold for direction based on the views above. But of course if by tomorrow we see no strong directional moves we can look elsewhere for volatility.
  •  Guest
  • | IP XX.XXX.20.22
Just lost all my money
  •  Guest
  • | IP XXX.XXX.63.14
Market is waiting for Friday symposium hence the slow response
  •  Guest
  • | IP XX.XXX.20.22
Why is it that no data is showing after the meeting
Quoting Guest
Just lost all my money
LOOOL ,
Inflation currently undershooting 2% symmetric target.
One more 25 pts cut in 2019 then they sit in neutral thru-out 2020
Certainly not any advocates of aggressively reversing current monetary policy.
General view is policy is still accommodating enough.

Powell going to be Bland on Friday.

USD not going to move because of Fed but overseas activity will move it given large enough event.
Last cut was no “pre-set course” for further cuts.
It was just a “mid-cycle adjustment”... no cuts frenzy, cool down business mad people!
Quoting Guest
Just lost all my money
How come it happened..??
is your trading technique the problem..?
Or your Money Management is not right..?
Maybe your Psychology trading ?

Learn from mistakess brother...
  •  Guest
  • | IP XX.XXX.20.22
Quoting dani22
{quote} How come it happened..?? is your trading technique the problem..? Or your Money Management is not right..? Maybe your Psychology trading ? Learn from mistakess brother...
I think all is the problem brother
Quoting hesameddin
{quote} yes if you said this just 5 minutes before the meeting yes , we might had believed in you . its super easy to talk after the show in this market .
I was not pretending to be the prophet here or say "I totally predicted this", just light banter, mate.

Myself, I only ever trade a pattern that's in progress, I never predict anything.
Pretty much we were expecting it to be flat as you've all said we are truly waiting for Friday for the "guidance towards the future".
Quoting Guest
{quote} I think all is the problem brother
i thought you were joking damn , mate just learn from mistakes , and if you have just started trading , back off a little bit from charts , a week are two weeks , then start trading a demo account for a while , we all have been there and lost accounts , it is just a part of the journey , dont blame yourself , it has happened to all the traders in the world .
Quoting Guest
{quote} I think all is the problem brother
start the demo account , an just focus or one or two markets . like eurusd and gbpusd or usdjpy . try to have a plan . when you enter based on that plan and when you exit . and just trade at a specific time of the day . like london session . and start reading and reading and reading . there are a lot of thing that you must read , and i myself think all the succesful traders are continuosly learners . it never stops . start and you will succed be sure about that
  •  Guest
  • | IP X.XXX.159.8
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