a beginner's attempt at the pairs
- Thread starter big mac
- Start date
Hey guys, This time I will have to use tech analysis to make money. Remember? I am also very skilled TA. There will not be macro news this time. So I can't trade off any fundamental info. Instead, I will exploit Trump effect on inauguration. I say Effect because close to his inauguration, dollar will gradually find strength. By the end of his inauguration, dollar will gradually lose its strength again.
I say Jan 19 will be the key date on which the effect will start. I hope you guys make money too. I will hold my positions to the middle of inauguration.
I will take long positions in USDJPY, (Gold) and short positions in GBPUSD, EURUSD, and ANZ
I say Jan 19 will be the key date on which the effect will start. I hope you guys make money too. I will hold my positions to the middle of inauguration.
I will take long positions in USDJPY, (Gold) and short positions in GBPUSD, EURUSD, and ANZ
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Always learn smthg new from you. What TA demonstrates the "trump effect"?
Will see. I still have to wait until next week.
At the moment all my attention is on EURPLN and USDPLN. Just 2 hours to go before NBP are going to announce their interest rate decision. I have been tracking Polish Zloty for about a week, and have got concrete information for this undervalued currency.
the NBP has decided to postpone their interest rate decision until February... very disappointing. But it's good to learn that they can delay the interest rate decision.
Now my focus is on inauguration next week
Now my focus is on inauguration next week