ignore wackos and psychos, including myself. But I can't add myself to iggy
- #967,841
- Mar 11, 2015 3:33pm Mar 11, 2015 3:33pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
- #967,843
- Mar 11, 2015 3:36pm Mar 11, 2015 3:36pm
Lots of chart posting, and so little discussion about macros and fundamentals.What is the board's thoughts about a possible rate hike by the Fed mid-June? Yellen's in a bit of a pickle. Earnings have been flat to negative due to a stronger dollar while wage inflation is starting to pick up. Better yet, did they anticipate/engineer the parabolic rise of the dollar in such a short period of time or do they not know what the f*ck they're doing? Really interested to get a discussion going about this as it directly affects what we're all doing here!...
I say no rate hike is likely. If the stock market is going sideways to maybe down like it is now around June then why should they raise rates. With inflation down they have more incentive to lower than to raise rates. There is also the blame game angle. Our economy is supposedly stronger than the rest of the world right now. But if things turn ugly and it just happens to occur when they raise rates then they get the blame even if they are not the direct cause. In any case when ever the stock market says boo Yellen will be doing ever thing she can to increase liquidity, lowering rates, qe ...
Central bank monetary policy has absolutely nothing to do what so ever with increasing the prosperity of a country, just the opposite. Keynesian economics is more of an oxymoron than a valid theory of economics. But all we can do is set our sails and hope we catch the flow of money going by.
May the Forex be with you.
- #967,846
- Mar 11, 2015 3:39pm Mar 11, 2015 3:39pm
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- #967,847
- Mar 11, 2015 3:40pm Mar 11, 2015 3:40pm
{quote} I can handle till 1.03, first thanks for the reply and the advice, second i am not sleeping at all the euro is not correcting to the upside never, i am thinking to get short to protect my margin but any advice at what price i should get short?
I'm in the same mess. I'm long EURUSD from 1.1133... i'm loosing 7000 USD..
when would it stop ?? Do you believe in a bounce ?
- #967,849
- Mar 11, 2015 3:47pm Mar 11, 2015 3:47pm
- | Commercial User | Joined Oct 2012 | 3,968 Posts
He knows the markets are all rigged in advance anyway 
{quote} Hear this http://www.rbnz.govt.nz/research_and...deos/webcasts/
- #967,850
- Mar 11, 2015 3:48pm Mar 11, 2015 3:48pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #967,853
- Mar 11, 2015 3:57pm Mar 11, 2015 3:57pm
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- #967,854
- Mar 11, 2015 4:06pm Mar 11, 2015 4:06pm
- | Commercial User | Joined Oct 2012 | 3,968 Posts
Sold UCAD today at the highs, expect a bit of correction there now, who woulda thought it would go back to highs 
... still a ton more upside to go as well. Just maybe not in coming weeks.
... still a ton more upside to go as well. Just maybe not in coming weeks.{quote} Hear this http://www.rbnz.govt.nz/research_and...deos/webcasts/
- #967,857
- Mar 11, 2015 4:19pm Mar 11, 2015 4:19pm
- | Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Why sell the bottoms when you can buy the tops...
- #967,860
- Mar 11, 2015 4:42pm Mar 11, 2015 4:42pm
- Joined Jul 2011 | Status: Gold Again | 10,564 Posts
Hello all, i am in a serious problem and i dont know what to do, I am long eur/usd from 1.14 without setting stop loss, my loss i now 9000 usd and i have a small amount remaining in balance. Please any advice for how can i get out this shit and minimize my loss pleaseeee..
or when the pain of losing just $1 more is too much, you will exit
1.14, really, what have you been doing since then??
It takes a lot for me to IGNORE you, but you can try.