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- Fader123 replied Aug 20, 2017
Decent posts infinitus Sentiment is really important Obviously it can be affected by news events, eg on Friday the UJ was coming of following sentiment. Then the Whitehouse announced that Bannon is being sacked and immediately ralllied
The Club!
- Fader123 replied Aug 17, 2017
A trade has got to feel right. I remember there was an Aussie trade (think its on here), it did not feel right, I did not lose that much one it- I think I was looking at price action too much and I was hoping it would move, because if it did it ...
Fundamental/News Thread
- Fader123 replied Aug 17, 2017
Welcome Have a good read through my posts. Seriously consider demo trading until you are making profits Good luck Fader123
Fundamental/News Thread
- Fader123 replied Aug 16, 2017
Broadly the market expecting a more dovish FOMC due to inflation. You can trade into the event To be honest I prefer to trade larger events - as there are more pips to be made But it is definitely a way to get some pips Looking ahead inflation has ...
Fundamental/News Thread
- Fader123 replied Aug 16, 2017
I have to admit though for such an important indicator (wage inflation) Carney mentioned it enough - it does not really move enough in my opinion, especially when you bear in mind how the market treats wage numbers when the NFP comes out
Fundamental/News Thread
- Fader123 replied Aug 16, 2017
Think it's a case of reviewing what Carney is looking at. If memory serves me; Wage inflation. At the moment in real terms (inflation adjusted) it has dropped by .5%. But moved up from last month. Nonetheless, this is a move in the right direction. ...
Fundamental/News Thread
- Fader123 replied Aug 16, 2017
Sentiment is institutional bias, and comes from fundamentals, typically derived from Geopolitical events (eg-Brexit, war, elections, heads of states speeches etc...) Economic cycle (recession/boom) Central banks/ers statements & speeches Commodities ...
Fundamental Trading
- Fader123 replied Aug 14, 2017
Yep sold the life out of it (sell the news), shortly after Macron was announced the winner
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
Perhaps research how much the minutes has caused price to move in the past? If memory serves me, sometimes there is something unexpected that turns up Naturally, it depends on what it is If either minutes were to be hawkish- obviously that currency ...
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
Hi A couple of pointers; a) Demo trade until you make profits for 3 consecutive months b) You should not be having a big loss on a trade- at the most 1-2% on your account c) Have a r/r of at least 3:1 d) Identify those trades that will give you a ...
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
You are really making it 4rXal-ghul I know that you did well on the EU elections How are things going now
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
Mdm92 I hope that you are demo trading at the moment.
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
By the sea at moment and it really makes me realise that there is more to life than starting at a screen
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
Bsmille I realise that this might be a bit heavy. Below is pretty much everything I do; What is the view of the banks (go to EXFnews) - try to get a consensus Read all of the central bank speeches/statements- what are they looking at, and what are ...
Fundamental/News Thread
- Fader123 replied Aug 14, 2017
Thanks traider having a good grip on fundamentals is great, because you will know when price hits support or resistance if it is likely to go through it or is price just going there to get some orders Only problem is that it requires a bit of work, ...
Fundamental/News Thread
- Fader123 replied Aug 13, 2017
Some questions; Who here Reads central bank statements & member speeches Knows which CB members are doves/neutral/hawks Knows what figures central banks are most concerned with Knows the position of each major country in relation to the economic ...
Fundamental/News Thread
- Fader123 replied Aug 13, 2017
Yep that is true Bsmile44 Feel that the USDCHF would be the better trade. In any event we have not heard too much from NK since Trumps latest rant. Having a decent news feed on will help Obviously the views of Dudley last week, poor CPI and very ...
Fundamental/News Thread
- Fader123 replied Aug 13, 2017
Hi - try interactive brokers or perhaps saxo bank
Fundamental/News Thread
- Fader123 replied Aug 13, 2017
Looking at the pound the main one is CPI on Tuesday Earnings are going to be really important on Weds Carney has referred to wage inflation a lot in his latest speeches/MPC meeting Also retail sales will be looked at Geopolitically the UK government ...
Fundamental/News Thread
- Fader123 replied Aug 11, 2017
Hi Bsmile44, unlucky - there should be some decent trades next week This was one of the trades I missed. It won't happen again The one minute would have been tough today- especially on the UJ. The others looked ok On the euro on the 1 minute you ...
Fundamental/News Thread