1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice

Forex Big News

Discussion in 'Forex Forum' started by altleftshift, Aug 24, 2018.

  1. altleftshift

    altleftshift Guest

    This thread is a place where you can find and share possible news events that would quickly move any currency pair 200 pips (2% or 3%) or more if they came to pass but personally I am interested in the rare 500 pip moves (5% or 8%) on which I wish to gamble by taking unsafe, short term, high leverage positions that have the potential to earn up to and in excess of 1,000% of my stake in a single trade. I'm not saying that is what you have to do, you can take any trades that materialise using any risk strategy you like but it's cliffs like Brexit or rockets like when the Swiss National Bank scrapped the Euro ceiling that I am particularly interested in.

    I have one to watch out for in order to get the ball rolling.

    S&P gave a negative outlook on the triple A credit rating of Australian government debt in 2016 and I have heard in the media that there are international interests (the details of which I am not aware) that invest huge amounts of money exclusively in AAA rated debt. I have heard that if the Australian governments credit rating is downgraded to AA+ their money will be pulled and this would cause an immediate 500 pip dive in the AUDUSD.

    Can you comment on this or think of a different scenario?

    PLEASE NO MORE THAN ONE OFF TOPIC POST! TALK ABOUT THE EVENTS THAT I AM ASKING ABOUT MOSTLY! SERIOUS OFFENDERS WILL BE BLOCKED!

    I will post summaries of the news we are waiting for periodically so that newcomers don't have to wade through all the SPAM, if that's you go to the last page and start from the top and you will hopefully find an update.

    I hope this thread remains popular for a long time.

    Source.
     

Share This Page