the line in the sand is 1.5ish
Just Trade It
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
Dislikeddo you think the europeans and the cable guys are going to leave rates the same or raise like the australians? thanks cesar in advanceIgnored
Dislikeddo you think the europeans and the cable guys are going to leave rates the same or raise like the australians? thanks cesar in advanceIgnored
DislikedAN IRISH BLONDE IN A CASINO
An attractive blonde from Cork, Ireland arrived at a casino. She seemed a little intoxicated and bet twenty-thousand Euros on a single roll of the dice.
She said, 'I hope you don't mind, but I feel much luckier when I'm completely nude.
With that, she stripped from the neck down, rolled the dice and with an Irish brogue yelled, 'Come on, baby, Mama needs new clothes!'
[color=#006600]As the dice came to...Ignored
DislikedThey don't have to actually raise the rates. Raise or no raise, if the markets assume it's time to raise, they will trade accordingly.Ignored
Dislikedthanks cesar for that , I apriciated, tells me a lot, clear a lot of doughts I had, for example the unemployment was low but the markets didn't belevedIgnored
DislikedIf we knew that we wouldn't be trading anymore. But they do follow market expectations.
THEY KNOW NOTHING
ring a bell?
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DislikedMarkets don't move based on facts. They move based on sentiment about what is going to happen in the future...
At the end of the hike cycle, it was usual to see cable and euro going down even with the central banks raising rates. That's because the market started to believe the hike cycle was over, down we would go.
If the sentiment now is that rates around the world have hit rock bottom, traders are going to trade based on the assumption that rates will go up.Ignored
Dislikedsorry chonchy, i had the shell in my head when i see your name. my bad.Ignored
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