The news is pretty bad for the US dollar, why would you sell at 0.8?
- #102,762
- Sep 1, 2017 5:36am Sep 1, 2017 5:36am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Cool, news rarely ever goes in my favor, glad I banked the pips and get an easy sell at 7990 right into supply Nostradamus reloaded is probably creaming in his jeans right now
- #102,765
- Sep 1, 2017 5:41am Sep 1, 2017 5:41am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote}
- #102,767
- Edited 7:10am Sep 1, 2017 5:50am | Edited 7:10am
- Joined Aug 2013 | Status: Trader | 4,904 Posts
The news is pretty bad for the US dollar, why would you sell at 0.8?
Unemployment still low and not really that relevant considering the participation rate nonsense. Average hourly earnings fluctuating between .1 and .3 so not an indication of some long term trend. Still over 150k jobs created with a revision as well.
Just an opportunity for banks and institutions and Expo33 to sell into supply
Honestly, people see a red figure and are like, "Oh my gosh, the apocalypse, the US economy is crumbling before our eyes. The Aussie is amazing, buy Aussie, buy buy". Complete rubbish. Trade your charts, keep a close eye on sentiment and manage your risk. Simple stuff.
Pride always comes before destruction.... -Proverbs 16:18
- #102,778
- Edited Sep 4, 2017 12:03am Sep 3, 2017 1:12pm | Edited Sep 4, 2017 12:03am
- Joined Aug 2013 | Status: Trader | 4,904 Posts
Starting the week out with our resident Bozo the clown comedy statement.
Every Aussie "gap up" prediction has been wrong as expected.
Geopolitical risk is in the air, therefore everyone will be running to buy up the Aussie, lol
Wait, the sun will be rising in the East, therefore....gap up for Aussie.......um ok sure
Help, I'm holding my losing position for over a month so therefore, Aussie should gap up.
Every Aussie "gap up" prediction has been wrong as expected.
Geopolitical risk is in the air, therefore everyone will be running to buy up the Aussie, lol
Wait, the sun will be rising in the East, therefore....gap up for Aussie.......um ok sure
Help, I'm holding my losing position for over a month so therefore, Aussie should gap up.
Pride always comes before destruction.... -Proverbs 16:18
