Hello peeps!
While the Brexit vote next week will overshadow a lot of the usual market events in the next few days, we do have a packed 24-36 hours now:
uk employment data (just came out positive);
NZ global dairy trade auction, crucial for NZD pairs;
FOMC rate decision, forecasts, and conference;
NZ GDP;
BoJ rate decision and updates;
BoE rate decision.
Stay safe.
Happy Trading.
So true i am keeping my powder dry for today , but i have also closed most of my position. I might just do some scalp positions for today.
five minutes to fomc rate decision!!1
Majors bullish (anti-USD move)… but not that much…
Too early to say…
Press conference at 7.30pm (GMT)…
for me this fed decition was much more interesting in terms of gold rather then dow or s&p or any other indexes. tje goldprice is at a major resostance zonre just right now and is dancing limbo around it. you can see much much more activity there then in any currency or index at the moment.
gold is the playball of the soeculators at the moment. it really needs to be watched carefully.
i was in gold positions but closed all 2 hours before the FED decition. i really hate trading any news even if it goes in my direction like right now.
for me this fed decition was much more interesting in terms of gold rather then dow or s&p or any other indexes. tje goldprice is at a major resostance zonre just right now and is dancing limbo around it. you can see much much more activity there then in any currency or index at the moment.
gold is the playball of the soeculators at the moment. it really needs to be watched carefully.
Yes, some say it is primed to be the key investment …top hedge funds are already heavily invested in
gold…maybe not XAU/USD, probably gold mining stocks or Gold futures, whatever, just…
GOLD, MAN
PipMeHappy:
Yes, some say it is primed to be the key investment …top hedge funds are already heavily invested in
gold…maybe not XAU/USD, probably gold mining stocks or Gold futures, whatever, just…
GOLD, MAN
soo trueee. its beeing advertised everywhere right now. i feel the machinery working to pull the crowds in gold. good volatility paired with a direction = good money to be made
ps. sorry for my tiping i have to write textes since weeks with the phone as the side doesnt let me log in with any computer
for me this fed decition was much more interesting in terms of gold rather then dow or s&p or any other indexes. tje goldprice is at a major resostance zonre just right now and is dancing limbo around it. you can see much much more activity there then in any currency or index at the moment.
gold is the playball of the soeculators at the moment. it really needs to be watched carefully.
i was in gold positions but closed all 2 hours before the FED decition. i really hate trading any news even if it goes in my direction like right now.
No problems about the typing
Yes, Gold is the thing…From a swing-high point of view, current price tells me it is not a good place to
get in…
Maybe when it dips lower I might invest, long-term, but I have to get past the Brexit referendum
next week and if my account does not blow up and my P/L improves, then I will reconsider
when and how it may be appropriate to buy the noble metal
Yellen,Bernanke…
the more journalists want clear answers from the ‘new Fed’
the more irritated they grow as they get a barrel-load of ‘Fed English’
that says little new and commits to nothing!
I have immense respect for Yellen and Bernanke
but I have to switch off from the press conference
because this is not adding anything new.
[B]New Zealand GDP up in just over five minutes!!!
[/B]
Well, here it all is:
The Quarter-on-Quarter was WORSE THAN THE PREVIOUS , yet
the Kiwi RALLIED (okay, it was better than expected, but still…)
The Year-on-Year figure was better than previous AND than expected,
so some optimism there, I suppose…
Desperate times for Kiwi investors, hms?
Like fishing in a dry pond for scraps haha
GBP/NZD dropped just over 145 pips!
Bank of Japan rate decision in progress…
No CHANGE, and yet…look at the Yen pairs
(this is the Dollar Yen, five-minute chart):
What did the world expect from the BoJ…more stimulus?
They KNEW the bank could not do more…
and yet…and yet…the big drop…
Pah…
These markets are CRAZEEE
Hahah
hi pipmehappy
did you expect that happen before it happen?
PipMeHappy:
Bank of Japan rate decision in progress…
No CHANGE, and yet…look at the Yen pairs
(this is the Dollar Yen, five-minute chart):
What did the world expect from the BoJ…more stimulus?
They KNEW the bank could not do more…
and yet…and yet…the big drop…
Pah…
These markets are CRAZEEE
Hahah
Hi there, no, but I already had a Kiwi-Yen short, which is now in profit…
What about you?
good for you
no, I dont have anything on for now.
eddieb
June 16, 2016, 2:45am
19
Nice win. Scary to think what could happen to GbpNzd if uk leaves the EU. Carnage, I expect.
Thanks… I have been after this pair for about a couple of years; here is my article:
The 70.00 - 75.00 area is an important one, below which is possible to go down deep, I believe…
A decade ago this area provided important support… Last night we broke below 75.00 AND 74.00,
thus signalling that, with USD/JPY leading the charge for all Yen pairs, there could be more momentum coming…
In terms of Brexit, who knows, Eddie…
Positive retail figures fail to spark the Pound upward…
However, a modest movement upward is noted, although the BoE rate decision ahead
is likely to curb the buyers…as well as Brexit ahead…