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The volatility can be very high but I think the impact of the hike wont be very strong as the inflation came below expectations, this decrease the probability of the 2018 interest rates increases. Fed will also upgrade the inflation projections and if it comes weak the hike today can have the opposite effect as happened with the BoE interest rates hike.
We can ignore this as daytraders but is always good to share
We can ignore this as daytraders but is always good to share
- #886
- Dec 13, 2017 4:21pm Dec 13, 2017 4:21pm
- Joined Oct 2012 | Status: Trader | 1,813 Posts
The volatility can be very high but I think the impact of the hike wont be very strong as the inflation came below expectations, this decrease the probability of the 2018 interest rates increases. Fed will also upgrade the inflation projections and if it comes weak the hike today can have the opposite effect as happened with the BoE interest rates hike. We can ignore this as daytraders but is always good to share
and I almost regret killing my trades earlier. Would have made a killing from being long on eu over two positions and short on uj.
- #889
- Dec 14, 2017 8:38am Dec 14, 2017 8:38am
- Joined Oct 2012 | Status: Trader | 1,813 Posts
Draghi Fiber Short +30.
Got rid of the position prematurely, since I have to head out and won't be able to monitor. It's december, so every pip counts
Got rid of the position prematurely, since I have to head out and won't be able to monitor. It's december, so every pip counts
i guess you think, that for example the EU market will aim for the 1.167 level (magenta line) in the long run.
i think the same but wouldnt short it before it visits at least 1.186 (not marked in my example) and i think when it shoots through the upper resistance level (blue line) i wouldnt want to short it anymore.
kinda the same for GU, i look for possible shorts between 1.339 and 1.34.
Would be interesting to see what you think about this.
i think the same but wouldnt short it before it visits at least 1.186 (not marked in my example) and i think when it shoots through the upper resistance level (blue line) i wouldnt want to short it anymore.
kinda the same for GU, i look for possible shorts between 1.339 and 1.34.
Would be interesting to see what you think about this.
- #898
- Dec 20, 2017 1:32am Dec 20, 2017 1:32am
- Joined Oct 2012 | Status: Trader | 1,813 Posts
i guess you think, that for example the EU market will aim for the 1.167 level (magenta line) in the long run. i think the same but wouldnt short it before it visits at least 1.186 (not marked in my example) and i think when it shoots through the upper resistance level (blue line) i wouldnt want to short it anymore. kinda the same for GU, i look for possible shorts between 1.339 and 1.34. Would be interesting to see what you think about this. {image}
Except I would short EU from 1.1840-50. It's late december, so probably such a move will not be taking place unless some speculative drive kicks in the market. Usually, the couple of days between Christmas and New Year's Eve are pretty speculative. So for now, I'm shorting, but not reaching for the liquidity that I have highlighted. I took a breakeven on cable yesterday, after price going 50 pips my way, so kind of recovering from that.
