How To Play Trump Victory In Forex

Discussion in 'Forex' started by Needless Promo, Nov 9, 2016.

  1. Buy GBPUSD sell USDMXN with a 1-4 week outlook, take profits within 2%. Any questions?
     
  2. mlawson71

    mlawson71

    Frankly, I am not too willing to touch GBP/USD right now considering how volatile it is.
     
  3. Probably you can play with Russian rubble should go higher.
     
    cresa maugh likes this.
  4. I've been short on forex picks these days. I aim for the near immediate response, sometimes picks like those are hard to come across. I'm shy to short the Yen below support and shy to buy the USD so high up and shy to buy the Euro in general. That doesn't leave me with many choices.
     
  5. pipeguy

    pipeguy

    Playing short ruble right on Tickmill, as I believe investors are pulling out money from emerging markets.
     
  6. Esha.J

    Esha.J

    I have not traded because of too volatile market, it is better to stay away if market is not according to our analysis.
     
  7. peso
     
  8. Xela

    Xela


    Only if the oil price rises, surely? Hardly on the cards at the moment, one might think, with so much oversupply in the market?
     
  9. doggyfx

    doggyfx

    Ruble is showing weak correlation with Oil currently. So I think other factors should be taken into consideration such as market sentiments of carry traders.
     
  10. No, Russia is also under sanctions, and most likely Trump is going to lift them .
     
    #10     Nov 21, 2016
    Xela likes this.