BOE's Bailey …… we have to wait fed to cut the rate….. we need to cut …. like 77 times next life but not today lol
lol
lol
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Disliked{quote} something something money flows something something... simple stuff, really? Is that how it goes?Ignored
Disliked{quote} something something money flows something something... simple stuff, really? Is that how it goes?Ignored
Disliked{quote} Thanks for sharing your view. First of all nobody trade the news. Every traders , trade the price. Let's dive into a real-life scenario to understand how news can impact forex trading. Imagine the UK just announced its official bank rates, and they've decided to keep them the same. Seems straightforward, right? But here's where it gets interesting. Alongside this announcement, there's another piece of news: The Bank of England is inching closer to cutting interest rates. One more official has voted for an immediate reduction. (dovish) Now,...Ignored
Disliked{quote} When the dovishness is priced in, market will look for the slightest hawkishness to trap the investors/traders. Not saying that will necessarily to be the case but it's better to be careful. Nice analysis mate, greenest pipsIgnored
Disliked{quote} Cable pumped 34 pips on Bailey's comments then drop back but now picked up a bit, all dollar pairs increased meaning something has happened in the marketsIgnored
Disliked{quote} Cable pumped 34 pips on Bailey's comments then drop back but now picked up a bit, all dollar pairs increased meaning something has happened in the marketsIgnored
Disliked{quote} Everything was dovish. Market expectation, vote distribution, statement. But this: BOE'S BAILEY: `NOT YET AT A POINT' TO CUT BASE RATE Press conferences are always tricky. Like i said on the quote above. If dovishness is priced in, it's the hawkish hints that market looks forward to. Or if the hawkishness is priced in, then it's the dovish comments that moves the price. 2+2 equals to 5 in trading. Now i wouldn't say Bailey was hawkish, it's just markets pinning out a sentence and using it for it's likingIgnored
Disliked{quote} You are so boring. And no. Taken roughly 50 pips in the last 90mins. I'm done for the night, but feel free to continue being a dickhead in my absence.Ignored
DislikedI've had 4 days straight a great gains, the best run I've had in some timeIgnored