Dax in the Evening

[Oscar Reed]

I keep thinking red then look at the P and L.

 

[joseph1986]

hahahahahahahahahaah

 

[Oscar Reed]

http://www.dailymail.co.uk/news/art...-mortgage-brokers-shocking-risky-tactics.html


http://www.switzer.com.au/the-experts/peter-switzer-expert/who-is-jonathan-tepper/

 

[darktone]

That second article is hilarious. Bloody sh!t stirring poms!!

 

[Oscar Reed]

Got out of some naughty over nighter's.
On my terms which is always nice.
Limits wait above again, a little higher than the close out trades.

 

[Oscar Reed]

That second article is hilarious. Bloody sh!t stirring poms!!

Aussie'S love you telling them how good they are.

But don't like being criticized.

Lucky I got a an Aussie and British passport for that right sporting winning moment.

 

[swissy]

Aussie'S love you telling them how good they are.

But don't like being criticized.

Lucky I got a an Aussie and British passport for that right sporting winning moment.

In a nutshell....ditto. However always support England during ashes - great for winding up colleagues at work!

Common refrain from a dropkick - 'stralia is the best country in the world (wearing blue beater singlet glaring over can of VB at pom).

Pom - Really? Where else have you visited?

Dropkick - don't need to as 'stralia IS the best country.
...oh dear.

Actually genuinely like Australia and (most) aussies...but they do let themselves down at times and (popular misconception) the average aussie brits meet in London is not the average aussie!

 

[Oscar Reed]

Welcome to DAX Friday.

 

[Oscar Reed]

Sheer class scored on Rochdale debt.
http://www.bbc.com/sport/football/35619174

Sheffield Utd fans fight themselves.

 

[counter_violent]

Sheer class scored on Rochdale debt.
http://www.bbc.com/sport/football/35619174

Sheffield Utd fans fight themselves.

Looking at the fixture list next 4 games. Shrews are nowhere, Coventry on the slide, Bury hit n misfiring and Oldham...wtf has happened at that club

A very possible 12 from 4 on the back of 6 from 2. That would put a very different perspective on the run in !

http://www.bbc.co.uk/sport/football/teams/rochdale/fixtures
http://www.bbc.co.uk/sport/football/league-one/table

 

[Oscar Reed]

https://www.youtube.com/watch?v=bdwV8-UJzuc&feature=youtu.be

 

[Oscar Reed]

HUGE DAY.

I'm excited.

http://www.ig.com/au/market-update/2016/02/29/all-eyes-on-china-and-the-rba-today-31010

 

[counter_violent]

HUGE DAY.

I'm excited.

http://www.ig.com/au/market-update/2016/02/29/all-eyes-on-china-and-the-rba-today-31010

Well, that was all a bit naff.

 

[Oscar Reed]

Well, that was all a bit naff.
All a bit tame.


Boys at the Reverse Bank of Australia have no idea what will happen next.
Just happy to collect there million dollar paycheck and cross there fingers.


Media Release Statement by Glenn Stevens, Governor:
Monetary Policy Decision
Number 2016-04
Date 1 March 2016

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

Recent information suggests that the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several advanced economies have recorded improved growth over the past year, conditions have become more difficult for a number of emerging market economies. China's growth rate has continued to moderate.

Commodity prices have declined very substantially over the past couple of years. This partly reflects slower growth in demand but also, in some key instances, large increases in supply. The decline in Australia's terms of trade has continued.

Financial markets have once again exhibited heightened volatility over recent months, as participants grapple with uncertainty about the global economic outlook and policy settings among the major jurisdictions. Appetite for risk has diminished somewhat and funding conditions for emerging market sovereigns and lesser-rated corporates have tightened. But funding costs for high-quality borrowers remain very low and, globally, monetary policy remains remarkably accommodative.

In Australia, the available information suggests that the expansion in the non-mining parts of the economy strengthened during 2015 despite the contraction in spending in mining investment. This was reflected in improved labour market conditions. The pace of lending to businesses also picked up.

Inflation is quite low. With growth in labour costs continuing to be quite subdued as well, and inflation restrained elsewhere in the world, inflation is likely to remain low over the next year or two.

Given these conditions, it is appropriate for monetary policy to be accommodative. Low interest rates are supporting demand, while supervisory measures are working to emphasise prudent lending standards and so to contain risks in the housing market. Credit growth to households continues at a moderate pace, albeit with a changed composition between investors and owner-occupiers. The pace of growth in dwelling prices has moderated in Melbourne and Sydney and has remained mostly subdued in other cities. The exchange rate has been adjusting to the evolving economic outlook.

At today's meeting, the Board judged that there were reasonable prospects for continued growth in the economy, with inflation close to target. The Board therefore decided that the current setting of monetary policy remained appropriate.

Over the period ahead, new information should allow the Board to judge whether the improvement in labour market conditions is continuing and whether the recent financial turbulence portends weaker global and domestic demand. Continued low inflation would provide scope for easier policy, should that be appropriate to lend support to demand.

 

[Oscar Reed]

Problem with my DAX chart

 

[darktone]

Problem with my DAX chart

Ah that looks like chart scaling issue to me. I remember a while back in the expert thread, a profitable trader with 10 years experience had the very same problem.

 

[Oscar Reed]

The Master

Unfortunately, I am no longer assisting new followers or students - like Sun on a one to one basis as soon I will not be commenting every morning and maybe less than 2 or 3 days per week after March - and also this month I am away on a short hoilday break.

 

[Oscar Reed]

Never short a dull market.

Someone give the VIX a kick in the nuts.

 

[Oscar Reed]

I Heard a Rumour

With less time on T2W going forward.

Has Mo blown his demo account and spending extra time here http://www.jobcentreguide.co.uk/birmingham-jobcentre:cheesy:

 

[Oscar Reed]

One day DAX you be there.