Complacency is a traders worst enemy. Nice spike in EURUSD on stops, nothing else followed and then a 25 pip drop to Amazing Trader support = Stealing Pips
Mtl JP 16:52:35 GMT - 12/14/2016
actually maybe not crazy
futures indicate total certainty (0.0%) cretin poloz not hiking rates in any foreseeable future and the chief chicken at the fed gang near total certainty (95%) that she hikes.
Mtl JP 16:45:34 GMT - 12/14/2016
crazy gv chartpoint: 200 day 1.3074 on usdcad
it does not get better, does it ?
Singapore J.D. 16:23:27 GMT - 12/14/2016
also Bill Gates believes that the stock market is expensive and adds that
If you’re looking for drama surrounding this week’s meeting of Federal Reserve officials, don’t look for it in their post-meeting statement. Policy makers are almost universally expected to raise their benchmark lending rate. Keep an eye, instead, on President-elect Donald Trump’s Twitter feed
nh 15:10 I have always wondered what they actually do at their meeting that lasts two days.
Do you know who is in charge of making sure that some russian hacker can not eavesdrop on their musings - what features make their den impenetrable ?
Mtl JP 15:20:53 GMT - 12/14/2016
usdcad still not cross correlating with crude
I am thinking it is only matter time n patience
london red 15:13:58 GMT - 12/14/2016
of course its dwn to the reaction, always is first and foremost but hike is done, else they would have wheeled out speakers about a wk ago to redirect mkt. its how hawkish they are going forward, the dots. not sure for them the economy has moved on that much, certainly they are unlikely to forecast 3 hikes nxt year, really what the mkt neds to rally much further, we have about one and a half hikes priced in nxt year as is. what i would say is if they do join the hype, it will be a v big shift and will given huge legs for further usd rally, couple of course with stocks. however given their fear of the economy turning lower, i dont think they will be comfortable at this stage in green lighting the usd rally. saying nothing about usd is in fact saying something. at least after today we will know what side of fence they stand.
Livingston nh 15:10:26 GMT - 12/14/2016
JP - Yellen held off the Hawks but is she willing to hold off the Doves, if two BoG threaten dissent?
action and reaction to Fed yak are the key for me - the initial action is based on statement and maybe Yellen "push me-pull you" comments BUT the reaction is the market weight
Last year's hike was to be the first of a few, not expected to be an annual event -- but here we are // "watch what they DO, not what they SAY"
GVI Trading john bland 15:06:20 GMT - 12/14/2016
EIA Crude next. API saw a build last night...
Mtl JP 15:03:48 GMT - 12/14/2016
yellen is mortally worried about tits-ing the banking and fin system
her yakking something about jobs, economy support or plebs' asset building is just her deflecting attention from what is to her #1 concideration
GVI Trading john bland 14:58:53 GMT - 12/14/2016
I agree she cannot make policy based on what MIGHT happen. Its OK for stocks to rally, but no central bank can act on something that is not "concrete".
Singapore SC 14:56:48 GMT - 12/14/2016
red what happens to the usd if she mentions it?
london red 14:54:53 GMT - 12/14/2016
do keep in mind the dovish hike of last year and given where rates/yields are where they are today, dont bet against usd strength appearing in the statement or yellens q&a. fomc/yellen have always been cautious, not sure they will take for granted trump trade until begins to materialise. its not todays usd that may worry her but the usd in a months time if they make no mention of usd/yields.
Mtl JP 14:47:37 GMT - 12/14/2016
ahead of and post janet whine I am, and will be, looking for price levels at which to buy usd
unless she says something unimaginably (by me) stupid.
Mtl JP 14:09:30 GMT - 12/14/2016
last potential A risk data release - Ind Prod - in 6 minutes
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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