How To Trade FOMC Rate Decision Today? - 6/15/2016

FX:AUDUSD   Australian Dollar / U.S. Dollar
83 0 1
We don't know whether Fed is going to raise or hold today but only thing we are looking for is to buy some Australian Dollar             ( AUD/USD             ) and New Zealand Dollar             ( NZD/USD             ).
One of our AUD/USD             trade laid out here is in progress and after taking half position off at 0.7075 yesterday, we will be either totally offload some more if it touches 0.7400 today and will be square if it goes down below 0.7340 again.
Here is our rationale for buying AUD/USD             and NZD/USD             .
Case 1: Fed raises the rate
Most unlikely scenario but you never know ! In that case, dollar will shoot up brining everything down initially. Observe the price action and buy AUD/USD             as close to 0.7000 or sub 0.7000. Because if Fed raises rate then it will be a kind of one and done scenario which will eventually make US dollar             weaker later. And in any circumstances, they can't beat the rate differential against AUD and NZD. In such low ( or negative ! ) interest rate environment, it don't need a genius to figure out where the money will be flowing.
Case 2: Fed remains on Hold
There are sub scenarios with it e.g. hold and hawkish & hold and dovish. But without being confused, just buy AUD & NZD from good levels. In this case, dollar pairs may just race higher and since it's most likely scenario, we may place buy stops depending upon where these pairs are trading.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out