Agree about the Aussie- also employment figures and job adverts both had big misses reported from Feb. Lowe has expressed concerns before about very poor employment figures being the only precursor to further cuts. Also there has been reports of ore ...

Pivot Trading

Had a read through the previous mp statement According to Lowe everything is great. This is what your against. Regarding employment the forward indicators were looking good then. Perhaps he will outline concerns and threats to the Aus Doesnt help ...

Pivot Trading

EURJPY off - think worries around on what Trump will say and this debate in France later on between the main candidates

EURUSD

This really is a brilliant thread. Davit you have done a great job here. My general thoughts, if I may to all. Remember to keep an eye on fundamentals. Think of the CAD this month or the UJ after Trump got elected. Fundamental trades have the ...

Pivot Trading

Thoughts for next week. Monday USD has taken a bit of a beating over the last couple of days (following on from the FOMC) Trump is due to speak - perhaps not the best place but could provide some strength to the dollar. Not sure though if market is ...

Fundamental/News Thread

Thought I would put up a checklist of things to look through before I'm ready to trade. What levels are we at: Support/resistance (daily) Re-testing/extensions (daily) Clearing congestion Pivots (daily, weekly) 00 levels What are the fixes Draw ...

Fundamental/News Thread

Its great to see some data minning. Sometimes central bankers refer to something being important in the previous policy statement and that tends to have more of an effect than one would normally expect when it is released. Won't matter now but ...

craftsman's Gadgets (Ideas/Analysis/Trades worth avg. +$10k/week)

Traders are always looking ahead A lot of comentators were hawkish -about the Fed even talking about 4 hikes or even a 50 basis pt hike When you factor in sell the news There was only one way it was going to go

The Really Useless Thread

Bit of a change in bias over the last 24 hours Fed more dovish and BOE more hawkish Although Forbes is leaving the Boe (she voted for the hike) PA was confirming a lot of this over the last couple of days.

Cable Update (GBPUSD)

.5% hike is a possibility Failing that possibly 4 hikes this year If it's 3 the dollar is in for it

EURUSD

Sentiment is based on news releases from the likes of Bloomberg, Reuters, CNBC, plus what the banks think. A few days before a major event - these news companies and banks will produce information regarding the up coming event. If they are all ...

Fundamental/News Thread

Would expect NY to jump on any pull backs Nothing like a shock to move things. Got in last night FOMC tomorrow. Will need to double check but would expect more pressure on the pound.

Cable Update (GBPUSD)

Like the phrase "that I want to master" A few points I would like to make though: A) 95% of retail traders lose B) I don't want you or anyone else here in that category C) The name of this game is to make money - forget about anything else. That ...

Fundamental/News Thread

Hi Davit Being doing a bit of research (what I should be doing before I start typing) There is one economic commentor who I rate: Diane Swonk. She is more hawkish url Also Goldman sacks thinks that we are due another hike in June. The Ft thinks ...

Pivot Trading

Its not often I see such well thought out research on FF

The Federal Reserve's mandate leads or lags?

In answer to your questions: 1) Overall I think buy the rumour - there is less chance of something going wrong, less volatility. Fading economic releases can be tricky. First of all there is the volatility from the event. My ideal fade set up is ...

Fundamental/News Thread

Cogsx86 Quality posts There has been talk of a 5 basis point increase. Personally I can't see it. But perhaps the Fed might do it if they think that they are too far behind the curve. Any views in this

The Federal Reserve's mandate leads or lags?

We need to focus on what had recently happened (this creates sentiment) and what is coming up. Institutional traders are always looking ahead Look at the ECB this week, just a mention of potential hike in rates before QE has finished set the Euro to ...

Pivot Trading

I trade fundamentals. Have been doing well out of the Euro pairs today

Who here trades strictly fundamentals?

Thought I would write some stuff on fundamentals- as there does not seem to be that much information around. The thing about trading fundamentals is that we don't need to trade that often. We want to trade the flows of money - when it is demand ...

Fundamental/News Thread