i think Ashraf while he is reorganising his forum should give Pippedoff a separate thread to spread his word. he definitely adds value to the forum with a high volume of posts which a number of people seem to enjoy. wonder what he will call the thread ? any suggestions ?
only 2% were right about this move as per this poll. that's about the % of people who consistently make big money from trading.
if you have enough experience trading this - go for it - or else best to stay out as their could be large whipsaws as the timing of today was least expected. Big money will take 24hrs to start taking positions around this event, so best for me to wait and watch.
RKK - i normally don't hedge - my volume studies suggested a move down on S&P from 1085 - so down 6 points at this stage and out of it - S&P could breach 1094 today. I also think correlations between equity and forex are loose at this stage - so USD can strengthen and stocks can rally - though the relationship dynamics have been very fluid over the last couple of months.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
have a look at thishttp://www.investopedia.com/articles/forex/05/COTreport.asp?partner=ntu9
it is helpful however time frame to get the desired result could be a couple of weeks - which means that stops have to be wide.
only 2% were right about this move as per this poll. that's about the % of people who consistently make big money from trading.
if you have enough experience trading this - go for it - or else best to stay out as their could be large whipsaws as the timing of today was least expected. Big money will take 24hrs to start taking positions around this event, so best for me to wait and watch.
http://www.zerohedge.com/article/telegraphed-discount-rate-hike-goldmans-take