So The Negative Jobs Number Last Month=Rate Cut

Quote from kashirin:

After Fed cut I immediatelly converted all my money into CAD
I will never save a single US $ again

I trade using margin now. and all profits immediately converted into Euros, AUD and CAD. CAD is 0.98 from 1.025 before Fed cut

I'm sure everybody in the world doing the same thing. Only suckers hold dollars

Bernanke met Rubin and other financial CEOs and decided to cut
Bernanke is a whore
Or maybe he was just bribed?

What a shame!
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I exchanged everything except 1/5th of my account on that cut. I am getting killed on that freakin 1/5th!!! What do you do for overnights? You need USD cash for overnights no? I exchange profits every few weeks to canadian but the rate is dropping so fast im getting my butt kicked on those too!!!
 
No rates will go higher, prices will rise further. And we all get a good screwing. But wallstreet got what it has been wanting for 18 months.

Americans get the shaft, your rates are not going down, their going up hahaha.
 
Quote from the bouch:

I exchanged everything except 1/5th of my account on that cut. I am getting killed on that freakin 1/5th!!! What do you do for overnights? You need USD cash for overnights no? I exchange profits every few weeks to canadian but the rate is dropping so fast im getting my butt kicked on those too!!!
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You don't need USD for overnights if you don't mind to pay interest
I mostly day trade only occasionally overnight so I don't mind to pay interest as CAD appreciates much faster
 
Quote from Tracy McGreedy:
Not everyone holds positions for microseconds like you.
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I hold most positions for a minimum of a few days up to a few weeks and hold always overnight. Still see no reason to whine about "conspiracies" or market manipulation.
 
Quote from kashirin:

You don't need USD for overnights if you don't mind to pay interest
I mostly day trade only occasionally overnight so I don't mind to pay interest as CAD appreciates much faster
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but I always have overnights for that amount. I will be paying margin interest for sure. Might as well just buy the CAD futures, it would be cheaper.
 
Quote from myminitrading:

So now we no their were really 89,000 jobs created,and another 110,000 this past month, do we get a rate hike now wahhhhh what a total scam to give wall street what they wanted.

It was all a hoax!
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It was pathetic...


How do you F$%K up a number so bad,


-4000 vs +89,000

I agree it was all a game to get the rate cut in, after seeing such a revision those numbers should not even be taken seriously....

I dont know how they can go from such an extreme.

This should totally rule out any future rate hikes, it should in fact raise the question of an actual rate hike by the end of October.
 
Quote from makloda:

I hold most positions for a minimum of a few days up to a few weeks and hold always overnight. Still see no reason to whine about "conspiracies" or market manipulation.
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So let me ask you, the negative jobs number last month right before the fed meeting was just honest data and was reported just as it was calculated, no manipulation.

We get the cut and miraculously the numbers are now much better, but whats done is done.

Now we are seeing rising rates, a steeper yield curve that no doubt benefits the banks, who were the ones who really need the cut.

Nope no manipulation, it was all on the up and up, your dreaming.
 
Quote from the bouch:

but I always have overnights for that amount. I will be paying margin interest for sure. Might as well just buy the CAD futures, it would be cheaper.
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if you converted into CAD on Sep 18
you saved around 4%. It's like paying margin interest for 6 months or more

just today 1.5% appreciation

US$ has no future.
You see they manipulate data for their own benefit

I will sell CAD to USD only if oil is below 70 for at least 2 weeks or if Fed rise rates
 
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