If you dug farther back, you would have noticed a few of such threads. Typically end up with the threadstarter (Fundie supporter) exhiling themself.Quote:
Originally Posted by ;
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If you dug farther back, you would have noticed a few of such threads. Typically end up with the threadstarter (Fundie supporter) exhiling themself.Quote:
Originally Posted by ;
Fundamental bias look lost at moment. No clear directional prejudice can be seen at market. So, no trading would be the very best on several pairs.
US dollar and China yuan are No. 1 and No.2 currency at moment. US 2 year return is flying higher. But, US dollar hasn't improved in duration of concept. USDCNH shed a lot as trend.
Due to USD-CNH dominated the market and a major driving force in fx, therefore, USD weakness is going on extended way. Currently, USA launch trade warfare against China on fear about Chinese rise on tech business, etc..
I bullish: CNH, GBP, EUR, AUD, Oil, Gold,
I bearish: USD, JPY,
If prejudice on 2 year return:
CN02Y : 3.143. US02Y : 2.493. AU02Y: 2.110. GB02Y: 0.877. Buy dip on those pairs
DE02Y: -0.563. JP02Y: -0.138. Yield, sell rally on those pairs.
Im very curious for your story regarding your bullish GBP and AUD view. Do you care to talk about?Quote:
Originally Posted by ;
UK, Aussie could rise their rate compared to other central banks.
Thus, when the market shift to this expectation, GBP, AUD will grow upward as bullish trend emerging outside.
You get in, then, await speculation developed out.
Attach a daily chart of UK 2 year yield.
https://www.forexforum.co.za/attachm...7434786020.jpg
Lol its the fundamentals that generates the sentiment. If a country plans to hike rates 4 times in a year afterward that currency will be bullish throughout the year. Central banks would be the drivers of the market as investors want to keep their money from banks which can supply a return as a result of interest rate.Quote:
Originally Posted by ;
Lol, fundamentals don't create sentiment, just curious how long are you trading?Quote:
Originally Posted by ;
Open it up, market goes down
down it, market goes up
ahhhggd#%^@***gukbjkghffgikckgbkvhlghollm,b
wtf is happening with me
ahhh, I see, fundamentals
Lol see you are thinking like a retail trader. You have to remember that cash is getting moved about to generate an excess income. Do you think people are taking a look at charts all day at hedgefunds and banks to affect whether they buy or sell? Can you explain to me why all commercial traders in addition to hedgefund traders cover Reuters and bloomberg that will be #25k each head. What moves markets is data, high news and most of all central banks. This is folks click the buy and sell button.Quote:
Originally Posted by ;
You are 100% authenticQuote:
Originally Posted by ;
Sentiment is institutional bias, also comes out of fundamentals, typically derived from
Geopolitical occasions (eg-Brexit, war, elections, heads of states speeches etc.. .)
Economic cycle (recession/boom)
Central banks/ers statements speeches
Commodities (dairyproduct,iron ore,oil)- where applicable
Effects from some other countries (China's affects Australia, euro affects Swiss Franc)
Sentiment changes since the preceding plays out
However, changes in central bank bias towards interest rates will have a substantial effect on the direction of a currency. Obviously its future leadership will also be affected by the factors that central banks consider important - (CPI, GDP, the relative value of the currency etc.. .)