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Waiting for Fed

megajorko Posted 29 Oct.  in #Trader's blog #NOK #Dollar #Euro
Hello traders,
Few days left until the end of the month and today the range is so tight that even for 5 pips you must wait the whole day. The only strong market move was made by the NOK pairs because they have announced a little bit higher unemployment and less retail sales. I think that this will be temporary effect but maybe the resistance (USDNOK, EURNOK) will be broken. This will happen (if so) maybe during Fed minutes after 6 hours.
I can't find a pair which has bigger volatiliy than 0.1% f…
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megajorko 29 Oct.

Hm I see a lot of traders mention a dovish Fed statement. It is also the market's sentiment so EUR is climbing, AUD is climbing and even GBP returned to previous levels. Why I am ready for surprises is it because I like gambling but I think even if Mrs Yellen just mention the phrase rate hike increase we will see something extraordinary big. Spike with a huge magnitude :) I am just imaging the picture but this is unlickely to happen

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The Big day

megajorko Posted 23 Oct.  in #Trader's blog #NOK #Dollar #Euro #Pmi
Hello friends,
Today is the big day for traders which everybody are waiting. First I thing a lot of you have missed the NZD I think New Zealand made a drop in inflation and so NZD has dropped accordingly. I am happy I missed it because I could have entered long NZDUSD.
The most important thing for me is the coming NOK interest rate decision. I am 90% sure that we will have a break of the support USDNOK (and EURNOK maybe) but some how I am afraid of those small 10% which gives the probability of …
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ilonalt 23 Oct.

Have some green pips too!

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Weekend thoughts

megajorko Posted 18 Oct.  in #Trader's blog #CAD #NOK #Gdp #Interest Rate
Hello traders and others
It is Saturday, the day you think what have you done this week and start thinking how to proceed next week. I have successfully guessed NOK, SEK and TRY with small result. Next week will start from Tuesday (because Monday as always is very tight range day if there are no surprises) when the china's GDP will have some (maybe small) impact. After this are Canada interest rate and then Norway's interest rate announcements on Wednesday and Thursday. I will try to bet on CAD …
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Calm thursday

megajorko Posted 16 Oct.  in #Trader's blog #NOK #SEK #Euro
Today was relatively calm day. Only NOK and SEK made the expected jump with return. I am just disappointed that got only a small profit because it was extremely fast and I couldn't move my TP. Anyway the day end in green. As it was also expected EUR is regaining territory and I think Mr. Draghi will not be very happy. He wants EUR at the bottom . Indices hit the minimum from where starts the new uptrend. Be prepared for a good Profit it is the time. Good night for now
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Tuesday night

megajorko Posted 14 Oct.  in #Trader's blog #NOK #SEK #USD
Today I was prepared for a big hunt on the pairs EURNOK, EURSEK, USDNOK and USDSEK, the timing was correct but made a small entry error and missed the big move. Of course made a small profit afterwards but it was too late and hesitated for more, so I missed the next big wave up. Now my sight is on British news and Canada. Both of them suffer a lot of depriciation so selling will be a good idea. Good night
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