I was expecting the dollar to move up,not down. Maybe I am being impatient, it is only 1 hour after RBA anouncement of .25 % rate rise.
Does anyone have a comment.
Does anyone have a comment.
- #3
- Mar 2, 2010 8:29am Mar 2, 2010 8:29am
- | Joined Jul 2006 | Status: I'm just saying... | 1,153 Posts
- #4
- Mar 2, 2010 2:26pm Mar 2, 2010 2:26pm
- | Joined Oct 2009 | Status: Trader | 1,192 Posts
Thats what we call crazy markets.
There are lot of unknown variable (read unknown sellers) which affect currency rate and we retail traders trade almost blindly.
There is no way to know who sold after RBA increase.
Making a living out of this crazy randomness moments will drive me anxious and crazy,
There are lot of unknown variable (read unknown sellers) which affect currency rate and we retail traders trade almost blindly.
There is no way to know who sold after RBA increase.
Making a living out of this crazy randomness moments will drive me anxious and crazy,
- #5
- Last Post: Mar 2, 2010 2:33pm Mar 2, 2010 2:33pm
Thats what we call crazy markets.
There are lot of unknown variable (read unknown sellers) which affect currency rate and we retail traders trade almost blindly.
There is no way to know who sold after RBA increase.
Making a living out of this crazy randomness moments will drive me anxious and crazy,
Check
http://www.forexfactory.com/showpost...0&postcount=12
and this
http://www.forexfactory.com/showpost...1&postcount=40
Posts like that are why Darkstar's post history is a true tome of market knowledge.