Thread: Discuss all about FX open

Originally Posted by Alizain

market still be quiet now, what happen ?
is many market participant waiting for FED interest rate announcement or another news ?

yes. all people were waiting the news, I think.

The Fed Cuts 50bps But Can Rates And Recession Turn The Dollar?

The markets were prepared for the 50 bp rate cut from the Federal Reserve today; but can further easing turn the dollar’s three-month and multi-thousand point trend? Realistically, the currency’s aggressive appreciation over the past few months has come despite normal policy easing, a surprise rate cut and other actions aimed at flooding the global system with dollars.

now the trend look clear, i'm hold buy G/J and hope it can touch 165.xx :)

buy GJ? it is so crazy, even with EU, it is very crazay, I had short EU at 1.24, but it go up to 1.3

i was closed my short at GJ and took around 100 pips, then i short for GJ but still floating loss. i sell it from 159.55, maybe i can hold it till US session, but i get worry cause i get info if Nikkey will going to holiday at monday in next week.

Originally Posted by TaoJin88

buy GJ? it is so crazy, even with EU, it is very crazay, I had short EU at 1.24, but it go up to 1.3

It's not easy waiting E/U drop back...

do u think it will go to 1.23 again? I hope it will, and then go back to 1.6

AUD/USD test that support at 0.6110/20 around, ICIW falls to 3.5% which stimulates traders to sell. The next support is at 0.6530.

EU may be still sliding slightly in the next week.

i think GJ trend is up for next week, but we just can wait and see now. BOJ have cut their rates become 0.3 % but, i still see if JPY still strong again major.

btw : anyone here have trading using ****** phone ?

Originally Posted by TaoJin88

do u think it will go to 1.23 again? I hope it will, and then go back to 1.6

I think E/U will drop to 1.23 or lower.