Volume's going to be low before 2pm EST, and I'm still NOT done feeling sad about not having a deeper pocket to sit through my forex retracement!
Even if there's going to be a rally in anticipation of or after the announcement on interest rate cut, I don't believe it will be sustainable.
If anything, market will only PLUNGE after that.
So maybe no rally is better than a rally that gives false hope.
I'm buying the USD again once I see an established trend.
And definitely no more holding and sitting for me until I have grown my account to a level that allows me to swing trade!
Oh, I really want to, and absolutely have to say this : SCREW FOMC!
2 comments:
:) we don't screw FOMC, it screws us :-)
We are inevitably the victims, even if we are not US citizens :)
Really want to beat the daylight out of those numskulls. I feel terrible for their people. Most will not retire comfortably.
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