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Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
Dislikedjust curious, what is pushing up the Dow? The housing data wasn't so great, was it?Ignored
DislikedIn simple terms pls, let me know what direction GBPJPY is heading in the next 4 hours 226 or 228Ignored
DislikedIn simple terms pls, let me know what direction GBPJPY is heading in the next 4 hours 226 or 228Ignored
DislikedIn simple terms pls, let me know what direction GBPJPY is heading in the next 4 hours 226 or 228Ignored
DislikedIn simple terms, the worse the outlook for the US Economy, the better the chance for a rate cut in December, so the Dow rallies. This is obviously counterintuative, and cannot last in the long run, but it is where we are today. The stock market cheers any bad news that increases the chances of a Fed cut. I think this is the big non-event that will send the Dow tumbling to the 11,500-12,000 region. The market is pricing in future cuts and will be severly curtailed if they do not happen. For today, longs should be careful as the FOMC minutes being released today have a big down side potential. If the minutes reveal, even a hint, that the intrest rate cuts are over the Dow will tank and GJ will retest the 223 area in pretty short order. If minutes reveal nothing this will not give Dow much of a boost as the Dec cut is almost fully priced in alreadyIgnored
DislikedThe person who wrote those indicators did not supply the source code.
BruceIgnored
DislikedCould you please tell me whether the following statement is right:
If FED decides to not cut the rates in order to protect to dollar from further falling, this should have the following influence:
a) US Share Market goes down tremendously => releasing carry trades
b) Dollar strengthens..
i.e.
G/U => goes down as $ strengthens
U/J => goes down as carry trades "over weigh" new dollar strength
G/J => goes down because other pairs go down
Is this correct ?!?!Ignored
DislikedPeterM,
If by "expecting no cut" you mean no cut today, that is right..It would be quite a shock for the Fed to give a suprise cut! If by "expecting no cut" you mean the Dec. meeting...check the futures board. Last I checked at 10am est they were pricing in at almost 100%! If this new "Fed Forecast" comming up in a few minutes cast doubt on that expectation, grab your shorts and get ready to dive. Nothing upsets Dow trades more than someone threating their "fix" from the Fed.!Ignored