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- umaga commented Feb 26, 2019
There was a clear technical rejection about ten minutes before this news came through. Maybe it was related, who knows, but it wasn't a helter skelter reaction to some funda, it was a very organized, slow and steady rejection and turn around at the ...
- umaga commented Aug 6, 2014
only the cad missed the memo
- umaga commented Aug 6, 2014
Really fat finger perhaps??
- umaga commented Aug 5, 2014
My sentiments exactly. FF needs to step up on this. And why do Newzealanders auction their milk at midnight ??
- umaga commented Jul 23, 2014
It means stay out until things settle
- umaga commented Jun 30, 2014
soft PMI my a**, if that were the case usd/jpy woulda led the way down. This was purely a technical move, and its great to see some tradeable volatility in the market after an eternal lull
- umaga commented May 6, 2014
This is a technical break, and has almost nothing to do with this news out of Spain. Classic range break-out.
- umaga commented May 1, 2014
Loading shorts for a big turnaround is a little bit dreamy, but for an intra-day trader like myself, going both short and long within these 120 or so pip ranges is very profitable. Personally I've made at least as many pips going both long and short ...
- umaga commented Apr 3, 2014
And the rainfall today in Birmingham will begin at 3.28 p.m.
- umaga commented Mar 18, 2014
Haha good point. And why forex factory consistently gives this guy's narratives a 'high impact' bearing beats me.
- umaga commented Feb 28, 2014
Yes I have, and still do. On today's Euro CPI estimate for example, a 0.1% +ve divergence would have at most propelled the pair to a 40-50 pip gain, especially considering the shameless front running. That would've brought it to just about a retest ...
- umaga commented Feb 28, 2014
Nope, I don't do that all the time. The only news releases that i can comfortably have an idea about are central bank guidances, and only on a few occasions. I don't see how a number release can be accurately predicted with consistency. And so I ...
- umaga commented Feb 28, 2014
I get that, but is it really possible to have a perception on a news release, and how the market will react to it??
- umaga commented Feb 28, 2014
Somebody clearly knew something we didn't, what with the 25 pip gain 5 mins prior to the release. The nearly 100 pip move is only in small part to the news, but the chap saying that it's the perfect time to short such a long bar really doesn't like ...
- umaga commented Feb 20, 2014
When I first started trading, I lost around half my account trading what these expert analysts suggest. They are wrong far too often. The euro may go up or down from these levels, but shorting it now for these fantabulous gains they target would be ...
- umaga commented Feb 7, 2014
Not really, yeah NY is open but the stock markets, banks, institutional funds, etc open for trade in 30 minutes.
- umaga commented Feb 6, 2014
Lol! Nice one. Unless this wasn't an audition for a comedy skit, because if you trade with this attitude you're definitely on the look out for a new career
- umaga commented Feb 5, 2014
Do these aussie bureaucrats care at all about exchange rate stability?? Why talk it up yesterday then try pull it down today? Unless they moonlight as fx traders!l
- umaga commented Feb 3, 2014
True, and it's not like it missed the forecast by much, and is nonetheless still an expansionary reading. A loss of 60 pips is a little bit strange.
- umaga commented Jan 21, 2014
'Perfect' is a very strong word in this market. I'm waiting to see if it holds first, if it doesn't then i'll consider shorting it