EA already closed some positions at S38, still holding one, will add more short after Monetary Policy Meeting Minutes
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DislikedI expect the Aussie dollar to rebound now that ScoMo has been re-elected. No doubt the Kiwi dollar will slowly follow in its footsteps. The polls in Australia have been predicting the Labor Party to win for the last three years, instead the Liberal/National coalation will continue to govern. When Labour won the election in NZ two years ago, there was a big drop in the Kiwi dollar and business confidence dropped significantly and never recovered. I believe this 'bad news' was already baked in the Aussie dollar from which I now expect it to recover,...Ignored
DislikedWant to express why I think this thread is powerhouse at FF and proud of it! Some of the best traders are here in no particular order Fibo38 Cryptosurf GMO ppxdf asgharhussai General Lee bubincka and many in the process of achieving proficiency DrForexMD DiamondMiner Egbert MichaelG Nextgendad denisius GreenEarth kingdomk 1pipperhour mch1970 Swede S.Wladimir Resident Harmonic contributor Romanov102 and many others (sorry if I miss your name these are some of the most active folks here why their names pop up in my head.) Great job Guys!...Ignored
DislikedWant to express why I think this thread is powerhouse at FF and proud of it! Some of the best traders are here in no particular order Fibo38 Cryptosurf GMO ppxdf asgharhussai General Lee bubincka and many in the process of achieving proficiency DrForexMD DiamondMiner Egbert MichaelG Nextgendad denisius GreenEarth kingdomk 1pipperhour mch1970 Swede S.Wladimir Resident Harmonic contributor Romanov102 and many others (sorry if I miss your name these are some of the most active folks here why their names pop up in my head.) Great job Guys!...Ignored
DislikedWant to express why I think this thread is powerhouse at FF and proud of it! Some of the best traders are here in no particular order Fibo38 Cryptosurf GMO ppxdf asgharhussai General Lee bubincka and many in the process of achieving proficiency DrForexMD DiamondMiner Egbert MichaelG Nextgendad denisius GreenEarth kingdomk 1pipperhour mch1970 Swede S.Wladimir ikdenk Resident Harmonic contributor Romanov102 and many others (sorry if I miss your name these are some of the most active folks here why their names pop up in my head.) Great job Guys!...Ignored
DislikedHi guys Actually read the whole thing. Kind of mix bag statement why market is confused to be bullish or hawkish.There are hints that RBA is willing to cut twice this year also may not depending on growth,job market. It looks like they very well may keep the rate same in June 4th.Should China trade dispute get resolved it will boast Aussie economy and may change RBA projections. Below sounds bullish" " Growth in employment in the March quarter had been strong, following similar outcomes over much of 2018. Most of the growth in employment since mid...Ignored
DislikedRate Cut on AUD May actually play very well. First it’s already priced in, second, take JPY - they have negative rates for years, CHF - same thing, even USD - expansion all over the place. If announced I am expecting short drop before long rise. And of course new Elected Morrison . Don’t know what his political views but heard he is Pro Trump. Ether way it could be very well long AUD for another year or so.Ignored
Disliked{quote} Much depends on China now. Lets see if Trump can pull a rabbit out of the hat I never imagined that my trading could be effected by tweeting president and it could very well be while pushing bowls on the toiletIgnored
DislikedWant to express why I think this thread is powerhouse at FF and proud of it! Some of the best traders are here in no particular order Fibo38 Cryptosurf GMO ppxdf asgharhussai General Lee bubincka and many in the process of achieving proficiency DrForexMD DiamondMiner Egbert MichaelG Nextgendad denisius GreenEarth kingdomk 1pipperhour mch1970 Swede S.Wladimir ikdenk Resident Harmonic contributor Romanov102 and many others (sorry if I miss your name these are some of the most active folks here why their names pop up in my head.) Great job Guys!...Ignored