Thread: Discuss all about FX open

Originally Posted by primarylogic

Just rumors that FED will increase rates, little credibility.

yeahh, i think so :D. like other forex market participant, FED not influence the market so much, but FED following the market condition.

Originally Posted by Alizain

now UJ at 107.xx, why you are sure it can't reach that price in next few weeks, that just around 300 pips to reach 110 and not so much movement in forex market i think :)

I short UJ at 107.35 you can check this week :)

Originally Posted by Alizain

yeahh, i think so :D. like other forex market participant, FED not influence the market so much, but FED following the market condition.

yes, USD turn stronger this week, but if FED don't increase rates, hmmmm...
poor USD will be diving...

Originally Posted by ashokshetty

I short UJ at 107.35 you can check this week :)

You short UJ, you'd better be careful, UJ so strong now.

Originally Posted by primarylogic

You short UJ, you'd better be careful, UJ so strong now.

do not worry :) USD will become stronger soon !

Speculation Of A Fed Hike Creeps Back
Investors were remarkably bearish on the US economy and all its assets last week as fears surrounding second quarter earnings and a potential Freddie Mac/Fannie Mae collapse peaked. However, this worst case scenario would ultimately prove overly pessimistic as the bearish momentum behind the GSEs faltered and banks’ accounting figures ended up on the positive side of depressed forecasts. Subsequently, as the outlook for the markets brightened, so did forecasts for the eventual turn to rate hikes from the Fed.

thank for the info Logic :). US economic news look unpredictable now, as major currencies usd give affect almost to all currencies in the world, so we must watch any news about this currencies to keep profits from forex and learn about the affect from news to market movement.

Originally Posted by Alizain

thank for the info Logic :). US economic news look unpredictable now, as major currencies usd give affect almost to all currencies in the world, so we must watch any news about this currencies to keep profits from forex and learn about the affect from news to market movement.

yes, collect some informations are very useful for trading.

Originally Posted by primarylogic

yes, collect some informations are very useful for trading.

news can affect the move of the trend, so news are basic for your analyse

Originally Posted by ashokshetty

news can affect the move of the trend, so news are basic for your analyse

yes, so when we make a trade, we should make a plan first.
Plan your trades and trade your plans.