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- umaga replied May 23, 2019
Wow, been trading the markets for 10 years and this is the first time I'm hearing of this. Anything to explain the correlation? Cheers hommie
WTI Crude Oil Trading
- umaga commented Feb 26, 2019
There was a clear technical rejection about ten minutes before this news came through. Maybe it was related, who knows, but it wasn't a helter skelter reaction to some funda, it was a very organized, slow and steady rejection and turn around at the ...
EU: Has Not Specified In Article 50 How Extensions Decisions Is Made
- umaga commented Aug 6, 2014
only the cad missed the memo
USD moves lower in the last few minutes on no new fundamental news
- umaga commented Aug 6, 2014
Really fat finger perhaps??
USD moves lower in the last few minutes on no new fundamental news
- umaga commented Aug 5, 2014
My sentiments exactly. FF needs to step up on this. And why do Newzealanders auction their milk at midnight ??
Kiwi under pressure again as GDT auction sees prices tumble
- umaga commented Jul 23, 2014
It means stay out until things settle
Bank of England Monetary Policy Meeting Minutes
- umaga commented Jun 30, 2014
soft PMI my a**, if that were the case usd/jpy woulda led the way down. This was purely a technical move, and its great to see some tradeable volatility in the market after an eternal lull
The story so far: pound and euro stronger, USD falling
- umaga commented May 6, 2014
This is a technical break, and has almost nothing to do with this news out of Spain. Classic range break-out.
Fastest rise in Spanish services activity since March 2007
- umaga commented May 1, 2014
Loading shorts for a big turnaround is a little bit dreamy, but for an intra-day trader like myself, going both short and long within these 120 or so pip ranges is very profitable. Personally I've made at least as many pips going both long and short ...
UK manufacturing output surges higher in April
- umaga commented Apr 3, 2014
And the rainfall today in Birmingham will begin at 3.28 p.m.
ECB Monetary Policy Decisions
- umaga commented Mar 18, 2014
Haha good point. And why forex factory consistently gives this guy's narratives a 'high impact' bearing beats me.
Custodian bank sells cable
- umaga commented Feb 28, 2014
Yes I have, and still do. On today's Euro CPI estimate for example, a 0.1% +ve divergence would have at most propelled the pair to a 40-50 pip gain, especially considering the shameless front running. That would've brought it to just about a retest ...
Euro area annual inflation stable at 0.8%
- umaga commented Feb 28, 2014
Nope, I don't do that all the time. The only news releases that i can comfortably have an idea about are central bank guidances, and only on a few occasions. I don't see how a number release can be accurately predicted with consistency. And so I ...
Euro area annual inflation stable at 0.8%
- umaga commented Feb 28, 2014
I get that, but is it really possible to have a perception on a news release, and how the market will react to it??
Euro area annual inflation stable at 0.8%
- umaga commented Feb 28, 2014
Somebody clearly knew something we didn't, what with the 25 pip gain 5 mins prior to the release. The nearly 100 pip move is only in small part to the news, but the chap saying that it's the perfect time to short such a long bar really doesn't like ...
Euro area annual inflation stable at 0.8%
- umaga commented Feb 20, 2014
When I first started trading, I lost around half my account trading what these expert analysts suggest. They are wrong far too often. The euro may go up or down from these levels, but shorting it now for these fantabulous gains they target would be ...
Time To Sell EUR/USD Targeting 1.3450 & 1.3130 - JP Morgan
- umaga commented Feb 7, 2014
Not really, yeah NY is open but the stock markets, banks, institutional funds, etc open for trade in 30 minutes.
The US Employment Situation - January 2014
- umaga commented Feb 6, 2014
Lol! Nice one. Unless this wasn't an audition for a comedy skit, because if you trade with this attitude you're definitely on the look out for a new career
Webcast of the ECB press conference 6 February 2014
- umaga commented Feb 5, 2014
Do these aussie bureaucrats care at all about exchange rate stability?? Why talk it up yesterday then try pull it down today? Unless they moonlight as fx traders!l
Australian Central Bank's Edwards: A$ Fall Not Necessarily Over