Forex Wiki Trading > Forex Trading System > US Midterms – How will it affect the FX markets?

US Midterms – How will it affect the FX markets?

  • November 7, 2018
  • Posted by: Forex Wiki Team
  • Category: Forex Trading System
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US Midterms – How will it affect the FX markets?

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Sure, I do know - it's a 'how lengthy is a bit of string' query. Nonetheless...

I think about the markets are pricing in a Democrat Home win as they're main by a big margin in the opinion polls. So, when the outcomes are revealed what impacts (if any) will the following have on the FX Markets:

1. Republicans retain management of the Home, and Senate.
2. Democrats achieve management of the Home, and take the Senate.
3. Democrats achieve management of the Home, Republicans preserve the Senate.

Simply all for peoples opinions. And, apologies if any of the terminology is wrong - I am from the UK so my phrasing could also be a bit odd!

 

I am getting closely positioned on shorting the GU however wasn't till I awakened this morning and regarded what impact the midterms would have on my ongoing positions. Up to now, it has PA sensible, gone in opposition to me, nonetheless, I view that as simply extra alternative for higher positions. However in the again of my thoughts, it may flip right into a fickle taking part in floor. If the Dems achieve management of the home, would that transfer the needle in opposition to the greenback since Wall Road has conferred it's blessing on the Trump administration.

Finally, all issues try for stability together with the cash provide. So... ya acquired me.

This is my chart:
It helps if you happen to view my positions as simply an averaged place. The midterms can in the end work in opposition to me the place I will have to begin over or it may very well be going for that pattern line. We'll see.

Hooked up Picture (click on to enlarge)
Click to Enlarge Name: gu 11 6 18.png Size: 61 KB

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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