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JoeeF replied May 6, 2019Why The RBA May Not Cut Interest Rates However we think it is premature to bank on a rate cut from the RBA. So if the RBA leaves interest rates unchanged, AUD/USD could squeeze higher on short covering – though the lasting response will be based on ...
Pivot Trading Journal
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JoeeF replied May 6, 2019RBA monetary policy decision on Tuesday, RBNZ on Wednesday - what to expect I found this interesting from ASB, a snippet from their their preview of the central banks this week. Wednesday's OCR announcement by the RBNZ is delicately poised. We ...
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JoeeF replied May 6, 2019Three of four of the big Australian banks say no rate cut from the RBA today The April 2019 Reserve Bank of Australia monetary policy decision is due at 0430GMT. ANZ are tipping a 25 bp rate cut Westpac, CBA and NAB are all in the 'on hold' camp. ...
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JoeeF replied May 6, 2019Welcome. I don't know what you mean exactly but thank you for your input anyway. regards
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JoeeF replied May 6, 2019Davit: It could sky rocket in case rate same as current or plunge down if rate cut. My personal opinion rate stays the same and AUD appreciates specially against the Yen and NZD. I could be wrong of course and anyone can be wrong however this is ...
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JoeeF replied May 6, 2019Really nice post: I have not been active in Forex factory for about a year now. I recommend it. I see that nothing has changed really. It is a place that will bring you down given the fact that no one makes money long term trading in retail forex. I ...
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JoeeF replied May 5, 2019Today's calendar. image 19:45 CAD BOC Gov Poloz Speaks
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JoeeF replied May 5, 2019Calendar for this week. image Mon CNY Caixin Services PMI CAD BOC Gov Poloz Speaks Tue AUD Retail Sales m/m Cash Rate RBA Rate Statement NZD Inflation Expectations q/q Wed NZD Official Cash Rate RBNZ Monetary Policy Statement RBNZ Rate Statement ...
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JoeeF replied May 5, 2019when you can watch PA go against you and you have the balls to stay calm, collected ,shrewd and can act anytime then you know you have arrived as a trader. When you wet your pants start praying you know you are not there yet.
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JoeeF replied May 4, 2019Some thoughts related to Fundamentals (Part #6): I have been telling people to outline key red events every week and be aware how that might effect price. This is trading 101 Do you want your waiter to know what's in the dish in case of allergies or ...
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JoeeF replied May 4, 2019Some thoughts related to Fundamentals (Part #6): i'm trying to study (with great difficulty) how to use foundamental analysis and how to integrate it with technical analysis; but I don't know how to distinguish those I have to avoid, from those that ...
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JoeeF replied May 4, 2019Some thoughts related to Fundamentals (Part #6): EJ is not a cross of UJ, if anything XAUUSD is a cross of UJ due to Yen Carry trade image any pair that does not have USD in it is a cross currency. EJ is influenced by Euro/USD and USD/JPY in most ...
Pivot Trading Journal