Page 2 of 502 FirstFirst 12
Results 11 to 16 of 16

Thread: SVTNICKs FOREX BLOG

  1. #11
    Im setting up trades against AUD, JPY, GBP VS USD. I will be selling USD once the minutes come out at 2 pm. If the driver is not as expected and the $ doesn't get sold off, I'll wait for the rally market the $ , and then to end. I expect to be arguing over a pause for a wait and see approach. I believe there may even be talk of cutting rates. But thats just pure speculation on my part. Inflation remains out there. But I wouldn't put it beyond the FEd to mention it.

  2. #12
    Guys, part of the egy is to only exchange rallys. However, rallys which are against the $. I use the charts to loe currency pairs which are ripe for a rally when the alyst arrives. Meaning, that when a rally happens, these pairs will benefit me with the most PIPS. Well, thats the idea anyway...

  3. #13
    The FOMC minutes aren't the alyst I looked for. I'll see this rally as an opportunity to get into a dollar rankings. The current [price action is currently telling me that the FOREX markets were not surprised by the FOMC minutes. Which to me is good. I believe the market overall is dollar negative. I just dont know when the FED will give up on raising rates. Market still looks to selling the $ hooked, therefore I shall wait for this rally to finish before possibly jumping into some places.

  4. #14
    I wonder if the market is finally coming into line with my thinking. . .that that the FED is far from done. I guess we will just have to watch and watch. I hope that the market comes in accord with fundamentals..makes trading for me personally a bit easier. Trading dollar drawback for me sounds counter intuitive.

    How can Europe respond to todays events.

  5. #15
    A little patience goes a long way. Im still awaiting Fridays news before making a determination. Im not comfortable making a commerce. Hopefully I will find the volatility Im.

    That I wasnt really watching the markets last night, so that I missed to ship on the slow European rally yesterday evening.

  6. #16
    I snapped the dollar negative trend out this morning for the past hour using a trailing stop of 15 pips that just struck. I didnt have alot of time to watch the price movement so Im glad I did what I did. Between
    GBP/USD EUR/USD JPY/USD I made a little over 200 pips. I didnt jump in until I was sure a fad started. I was stopped out at my tunnel on all 3 pairs.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information