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tradoholic commented Mar 13, 2019"Buy the rumors and sell the fact"
Britain heads into Brexit unknown as parliament votes on no-deal exit
- tradoholic commented Jun 8, 2017
Risk to outlook is broadly balanced. Nice statement after mentioning that core inflation is subdued. So there goes the chance of a rate hike which was expected. Now comes the question of Swap, sell EU/NZD for a longer term and get the carry over ...
Draghi: 'risks to outlook are broadly balanced'
- tradoholic commented Jun 4, 2017
Will be interest to see trades in GBP/JPY and GBP/AUD, two of the highest monthly range pairs. Keep an eye on GBP/AUD, there could be a trade and a half in there shorting the pair.
British PM May's election gamble in doubt as poll lead falls to one point
- tradoholic commented Apr 26, 2017
In my years of doing business in many countries, never seen a tax reform that benefits the people. You always land up paying more. Depends on how you look at it. Certainly they are getting their point home, the dollar will be the loser here.
Secretary of Treasury Steve Mnuchin and National Economic Director Gary Cohn hold a briefing at the...
- tradoholic commented Apr 26, 2017
Gotta love these guys, they know when to announce to create volatility in the markets.
Secretary of Treasury Steve Mnuchin and National Economic Director Gary Cohn hold a briefing at the...
- tradoholic commented Apr 18, 2017
Yeah, in the same way that Euro was heading to Parity.... It may be quite possible, but market is ever changing, more rapidly than ever before. For someone to predict that much of a jump, in my opinion is far off the mark.
GBP: More Short Covering On UK Snap Election To Bring 1.3445 In Focus - NAB
- tradoholic commented Apr 14, 2017
Is America spreading itself too thin? What about Syria, Iran, Iraq, Afghanistan and if that is not enough, diplomatic issues with Russia, Turkey, and not even mentioning the North African saga. So somewhere along the track, that is if they continue ...
U.S. May Launch Strike If North Korea Reaches For Nuclear Trigger
- tradoholic commented Apr 4, 2017
Some? Please be more specific.
UK's Hammond: Some on British side don't even want a Brexit deal
- tradoholic commented Mar 31, 2017
Lol, he is probably short on USD against all majors...
Fed's Kashkari: No reason to hurry up and raise rates
- tradoholic commented Mar 27, 2017
well I think its a knee jerk reaction to the headline. Should stabilise soon. All it says is that the ecb should prepare for change of policy. Technically reversal is from 1.09200. Booking in the shorts now
ECB's Lautenschlaeger says should prepare for a change in ECB policy
- tradoholic commented Feb 14, 2017
Hi All, I believe there wont be much of an effect from Yellen's speech as focus is now o taxation policies that should be tabled soon. IMHO the market is waiting to see and gauge the difference between what has been promised as opposed to what will ...
Yellen: Semiannual Monetary Policy Report to the Congress
- tradoholic commented Jan 16, 2017
Real wealth of Britain has been under estimated in the general trading desks. Once the Brexit is done and dusted, then the rise and rise of the pound will be seen. Going long (with proper reserves of course and money management) for a longer term ...
Spokeswoman For British PM May says Talk of Hard Brexit is "Speculation" - Reuters News
- tradoholic replied Nov 17, 2015
Good simple chart, good place to sell A/U short SL, low risk to reward ratio.
AUD/USD
- tradoholic replied Oct 15, 2015
Hi All, Posting here after a long time. Although I agree with the general move up, there are -Div in 1 hr, 30min and 15min charts. I would feel that the move down would be to re-test the LTL at .7240 ish that is if it breaks down the UTL of break ...
AUD/USD
- tradoholic replied Jul 3, 2015
Its not USD, EU, UJ, and GU are not showing the strength trend today. Selling pressure on AU ahead of RBA decision next week, which is widely expected to remain the same, but the statement could drop clues for further easing policies.
AUD/USD
- tradoholic replied Jul 3, 2015
I am with you, my long limit order that I didnt expect would be activated just got hit at 75.6. Its the end of channel, if it breaks through south, then 75.04 is the next level. Will monitor carefully.
AUD/USD
- tradoholic replied Jul 3, 2015
Hi All, I think the damage to the AUD has been done already for the day. If anything it will be sideways with low liquidity and volumes for the rest of the day today. Calendar is pretty much empty and US markets will be closed today. Being 4th of ...
AUD/USD
- tradoholic commented Jun 22, 2015
The drop stopped at 38.2 on FE of last rise and fall on daily. This level is 1.1262 which is quite critical. This level seems to be holding, breach of which will have target of the next level of 1.117, then down to 1.08xx. If this hold consolidation ...
EURUSD is getting hammered in Asia, with the pair now triggering some stops below 1.1300