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Trading Journal

Member Since Apr 09, 2014
890 posts
Sep 29, 2016 at 10:34
Member Since Apr 09, 2014
890 posts
Before the financial committee of this institution, the Chairman of the Fed has taken a balanced and prudent approach. Janet Yellen said that there is no timetable for increases in interest rates despite several members of the Fed believe are necessary interest rate increases. So, in absence of any new risks and if economic conditions will remain it will be appropriate an increase interest rates.
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Oct 06, 2016 at 15:03
Member Since Apr 09, 2014
890 posts
To frame the session today (and perhaps also the near ones) is necessary to go back yesterday, when Bloomberg published an article on the ECB’s monetary policy. According to this article, the Central Bank was considering reducing its financial asset acquisition plan, and this reduction is called tampering. According to the report, the ECB would be to draft a plan to gradually decrease (possibly in steps of 10 000 M. €) its asset purchase program currently at 80 000 M. € / month. This program is scheduled to end in March 2017 and in the market there was the expectation that this period could be extended and possibly increased the amount. However, the intervention of Mario Draghi at the September meeting and some later interventions of a few members of the institution have shaken investors’ expectations.
Member Since Apr 09, 2014
890 posts
Oct 08, 2016 at 03:43
Member Since Apr 09, 2014
890 posts
The main even yesterday was the abrupt fall of the pound against the dollar (6%). A drop of 6% in the forex market is, in general terms, a drop of about 20% in a stock index. The reasons for this move are unclear but apparently are not of a fundamental nature and can be an error, of an automatic trading program that triggered a series of stops in a low liquidity environment.
Member Since Sep 12, 2015
1933 posts
Oct 09, 2016 at 16:11
(edited Oct 09, 2016 at 16:17)
Member Since Sep 12, 2015
1933 posts
SKFX posted:
I think any hedge fund that was long in gbp is out of position. If i had to guess where its going next, is consolidation in these levels then run to 1.34 levels to make sure all shorts are out. Fx market is brutal lol 😀
Doubtful many hedge funds were long GBP,I'd say most jumped out before the vote. www.ft.com/content/c22ae866-3c77-11e6-9f2c-36b487ebd80a
"They mistook leverage with genius".
Member Since Apr 09, 2014
890 posts
Oct 10, 2016 at 14:21
Member Since Apr 09, 2014
890 posts
The figures indicate that the expansion of the labor market remains intact although at a slower pace. Data confirm the improvements in the labor market indicated by the Fed at the last meeting and shall not constitute an obstacle to a rise in interest rates in December. Until this meeting will be published two employment reports. The Fed has scheduled a meeting in early November but should not take any decision before the presidential elections.
Member Since Apr 09, 2014
890 posts
Oct 11, 2016 at 13:15
Member Since Apr 09, 2014
890 posts
Today officially begins the Earnings Season with the presentation of Alcoa's quarterly accounts. The earnings season starts today, but only in the next week is to gain greater intensity. In addition to Alcoa's results will be published on Friday Citigroup accounts, JP Morgan and Wells Fargo.
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Member Since Apr 09, 2014
890 posts
Oct 17, 2016 at 10:26
Member Since Apr 09, 2014
890 posts
The results of the banking sector, published on Friday, were entirely good and managed to alienate some fears caused by Alcoa and Ericsson. The President of the Fed argued that the central bank can tolerate a higher than desired inflation to ensure that the economic expansion continues to solidify. Today, the Vice President Stanley Fisher will be present at a conference organized by the Economic Club of New-York.
Member Since Apr 09, 2014
890 posts
Oct 18, 2016 at 11:35
Member Since Apr 09, 2014
890 posts
The appreciation of oil in the Asian session were due to the decline in the dollar and a study by Bernstein which indicated that the accumulation of world oil reserves decreased in the 3rd quarter of this year, reaching the lowest value since the last quarter of 2014.
Member Since Apr 09, 2014
890 posts
Oct 19, 2016 at 12:24
Member Since Apr 09, 2014
890 posts
Oil (quoted in New-York) continues to trade in a very volatile way but not descending significantly below 50 USD / barrel has been enough to give some support to its sector and more indirectly to the market as a whole. These good results overshadowed economic data, which seem to strengthen the arguments of those defending an increase in interest rates in December.

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