...and we rolled. A very neutral roll with bulls coughing a lot again at the highs. 1.088x confirmed as micro floor until Europe wakes up. 1,096x key level to track for the topside until news in the morning. Nothing to do till then, same levels, same trades, same all.
Well there is a big difference between a random non technical perception and a sound technical interpretation of actual data by experts [in any field]. More importantly and to wrap it up I think you may be exaggerating the main differences in FED policy perception. They all pretty much agree in everything the only slight difference is that a couple of members want a hike a rate in June the 80% of the others want it in the next meeting not in June and only a couple of them want hikes in Q1 2016.
In simple words, from a macroeconomic perspective and for analysis the difference is just statistically irrelevant, however for us traders those couple of months represent a few hundred ticks retrace before and thats why you maybe overemphasising the so call "divergences" between FED when in reality there is no much difference in the core of the analysis.
sisse
{quote} Because we all would have our own view of things, our own perception, and also will only know what is right or wrong in hindsight. Even so the Fundamental analyst think, he is basing his judgement on a sound application of some tools and measures, mathematics, statistics, etc., it all boils down, and you already made reference to it, to perception, individual interpretation and opinion. Here as in every other method of analysis there is no difference. And with your example of Ferrari or the rate differentials we now could discuss EMH...
In simple words, from a macroeconomic perspective and for analysis the difference is just statistically irrelevant, however for us traders those couple of months represent a few hundred ticks retrace before and thats why you maybe overemphasising the so call "divergences" between FED when in reality there is no much difference in the core of the analysis.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
that always what i thought. CBs are the biggest bucket shop to profit in the end. Just check the FED balance sheet
