Daytrader21のブログ

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Waiting for a Trade

I'm still waiting for a trade as so far I don't see any swing trading opportunity. As expected we already got a slow start of the week and I have to exercise a lot of patience if I want to have any chances to get in the top rank. For now I'm going to focus on just the major currency pairs and even though they can yield less profits than some other crosses I think that in current environment they are more predictable comparing with the crosses, but at least that's how I see it.
Best Regards,
D
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Be "Patience" over the FOMC

The top piece of event risk this week is right ahead of us, and that is FOMC rate decision and the post-announcement press conference from Fed chair Yellen.
Today's FOMC decision it will have
broad implication on different assets classes. It's quite important to remember ourselves that this is not just about the rate decision but there are also other elements attached to this which is the
updated forecasts for growth, inflation, employment.
It's quite weird that the FOMC announcement has come d…
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