Now that’s a great quote :35:
My new favorite quote. Don’t know traders name. " Central bankers are really good at speaking without actually saying anything. "
Is that not the guy from Amplify Trading, Piers Curran?
Yes, on that new BBC series 
Yes. It’s also my new favorite video and again thanks for posting it. Something every trader should watch
Just like politicians.
Very true. I remember listening to Bernanke’s speech last June when I had just gone live for tips on whether the USD was going to be bullish or not. I gave up on listening four minutes into the speech.
It is a difficult balancing act; take Yellen now: she wants to tell the market that a Fed rate hike is coming but does not want to panic them into it with an actual date and cause a chain reaction, crashing investors out of their position in a sell-off scramble… Given how overleveraged the US equities are (just look at the S&P 500),
it would take very little spark to light this gunpowder store-room!
So Yellen has to ease the markets into it and has been giving plenty of time to reassure the markets that, if needed, the Fed would consider measures of support beyond the end of QE (e.g. asset purchases)… This way, a market panic is avoided and the grounds are laid for the first rate hike… easy does it, slowly, slowly…
That is the skill of a great central banker’s press speech… Yellen is masterful… she knows how to handle
those Reuters, Bloomberg, FT, Sole 24 ore, business Zeitung and CNBC questions 
Hard to disagree with this. But I don’t think it matters much because in the end, a decision has to be made and those who weren’t keeping up will [I]still panic[/I] even though it’s (somewhat) already priced in.
Or she could just be like Monsieur Draghi and his ECB gang and wake up one morning and decide to surprise the market with a rate change.
But understandably, they try not to sound overly bearish or bullish when they talk. It’s the investors that decide to pick and choose from their speeches and create the strong reaction. For example, RBA Stevens has been saying the AUD is historically high for years now lol. Sometimes it creates a bearish reaction, other times, it doesn’t.
Awww… You’re Welcome It is our pleasure to help out in anyways we can.
I think, this is a great place where you can speak your mind out and hope that other people think the same or atleast learn from it. Truthfully, I am learning more each day of what other people are posting. There are so many things that I didn’t know…
I will try to post more meaning full thoughts. I said " try" because I cannot promise anything lol
Thank you and I wish you and your family great success in life!
Here we go,
PipNRoll at her best:
http://forums.babypips.com/newbie-island/64872-finding-consistency.html
PS: please ignore all my words of sickening adulation
Haha! I thought those are pretty cute
I will revived it again next year I hope…
Thank you…
You know,
I have a long memory
…sometimes
You deserve the adulation - your FXbook smells very green, like a garden of fresh dollars
This is the one I like very much: “There is only one side of the market and it is not the bull side or the bear side, but the right side.”
“If past history was all there was to the game, the richest people would be librarians.” This is a good one.
leverage is key to success, you have to know when to risk more or less, depending on accuracy.
“There seems to be some perverse human characteristic that likes to make easy things difficult.” - Warren Buffet
Here is another one: “When you combine ignorance and leverage, you get some pretty interesting results.”
Good advice can be hard to come by–“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”