What will the Fed do?
Is the US already in a recession? Will July's Fed rate hike be the final rate hike of 2022? Will the Fed follow up with one more rate hike in September, and more in Q4 or will it pause in Q4, before resuming in Q1 2023? Which of the below do you think is the most appropriate? Select your choice in the poll below, then iew the results.
(I was probably feeling a bit raw & sensitive after a frustrating day's trading (more like non-trading, really)).
So, you don't rate Bl. Swn. then? Interesting. I've only recently found them, so I have no axe to grind there.
BTW, I now have the strength meter that we (and Cat) talked about. Very interesting. Not the Holy Grail, of course, but provides a fascinating view on the currencies in a different way to the usual price charts. It's kind of leading me to trade a bit more technically than I previously used to, which seems to accord with the view you've expressed here a few times. "Technically with an informed fundamental/sentiment view", I like to think of it as :-)
Cheers,
M.
(right after my post)
Dave? I hope that wasn't aimed at me? (or did you mean "Dr Ben"?).
I hope you didn't assume I was spamming the forum; I certainly have no connection with the people behind that report (who seem pretty balanced, on the whole). I've been subscribing to their free stuff since someone recommended them to me recently. I wasn't planning on paying for their services any time soon, and certainly wasn't pushing anyone else in that direction.
I don't really have a personal opinion myself on "Dr Ben". He's probably a lot cleverer than I am, but that may not be saying much :)
http://www.bbc.co.uk/news/business-12427321
St. Catherine, Jamaica
February 4, 2011 16:31 GMT
Member since Oct 2009
Long GBPUSD @6065 SL 5965 TP 6575...GL & GT everyone "
(Wrong forum really, but never mind...): How long are you planning on holding that?
You must be more optimistic about the UK economy than I am!
said: "for every 10 productive workers there is one lazy stupid official extremely overpaid in Germany
weighting on productivity they always want more and always get more ... this economy has no future"
Oh dear, if that's the case, then there is no hope for us (in GB) at all!
I have to plead guilty to being a lazy trader in that respect, in that I have never studied it properly, and am therefore agnostic as to how useful it is.
There used to be a regular poster on here who posted EW-based trades, but I can't remember her(?) name. I've not noticed her(?) since I've been back.
Thanks for the references.