It should be the 1430 report on the 22nd. They release an interest rate decision once per month. the calendar for these releases is on the front page of this thread or on the CBRT website.

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I hope everyone had a good weekend. As we move into this rate announcement week, I get the sense that we could see more upside before the 22nd rolls around. My target will be 2.1350. It would make no sense to head much higher than that in the case ...

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Yes, Sir. I like that upper trendline you have drawn. If the market doesn't go crazy like it did yesterday I wouldn't be surprised to see a bounce off that line to the pip, then back down to 2.09. You mention the term "exponential." I have for ...

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The market is making pin bar as I type (carving out the pre-news range), This thing really wants to touch the 50% retrace of the long mechanical looking downward swing. I think the top end of the range will be 2.11 just above that 50% level with the ...

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Just wanted to point out that until the interest rate meeting next week I see the market being magnetized to the 2.10 level. Any moves that pull strongly from this level will turn into pin bars. We should see a nice range play for all of you ID ...

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Wow, can anyone say stop cascade? This will go down as a move I'll remember. I'm out for now. I did not see 2.10 on the radar, though I saw it as a price that made sense 2 weeks ago. After moves like this things can get really squirrely. I've been ...

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I've opened a small long position as the market is trading above 2.07. We are only 4 trading days from the next interest rate announcement. The market is very convinced that Basci will hold steady. If this is the case we'll quickly see 2.0. If he ...

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Good work fellas. Looks to me like this is going to 2.05 no ands if or buts about it. I've been following Lira related news and did read that in the past week the Turkish Central Bank's forex reserves lowered by 129 million. I'm thinking that the ...

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So the big question is, will the market sell off the upper TL of the channel that's kept this short all week? My stop is still intact but maybe not for long. The market may take this beast down to 2.05 afterall. We'll see. Have a great weekend ...

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Hey everybody. Been on the sidelines all week just watching. Every flag this week has been broken and sold off pretty cleanly. This past hour saw a rejection of another sell-off. I still believe 2.1 is where this should be trading. I've opened a ...

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Good work, gentlemen. That was classic bounce off the upper channel TL. I read that the Japanese are buying Turkish bonds in droves. I have no clue if that is what's pushing prices but it's an interesting thing to watch. Islander, I hope you got in ...

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Well, the bears are running the show. Despite remarks from Mr. Central Bank man about a willingness to bring down interest rates, the Lira continues to strengthen. This is largely due to Monday inflation data that would favor holding rates steady. ...

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Thank you Islander and Jeff for your continued input. You fellas may just yet get some more down side gains. We are 17 days away from our next interest rate decision. Last month the market wedged sideways for 13 trading days up until the last ...

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Excellent work gathering those good ole pips. I just wanted to mention that the lack of follow through we are seeing right now after that low has broken says a lot also. We could still see the market plunge but the absence of further volatility at ...

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Alright guys, we are trading below 2.1, it looks like the market wants the stops below Friday's low. One interesting thing I've been watching is the spreads when the market is testing these prices when it takes new dips the spreads are widening from ...

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Hey Jeff, Thank you for checking in. First off, I'd like to acknowledge that FF is not my website. I'm not in charge of the rating system, it has changed a couple times since I've been a member here. I'm not God and I'm not a super genius. I know a ...

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I really thought we would continue south but as you can see from my last couple posts I've become a Bull. I was ignoring the giant bull flag on the higher time frames as I felt that Turkey had turned a corner. I guess not. Here is my longer time ...

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Alright, to wrap up another week. I've liquidated several short trades that I've had open for the last few weeks. Several hundred pip profit on each one. I initiated a small buy position that was stopped out. I will remain flat until next week, I ...

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Thank you, Islander. Keep em coming. Delpiero, you ought to be careful man, your prime minister throws people in jail when they say unbecoming things about him on the internet. Only joking, a small fly like you needn't worry but this is true ...

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Alright, well, I'll probably be seen as bipolar as far as trading is concerned here but I have pulled the plug at this point on the Lira gaining any more strength. I think 2.10 will be it for quite some time. At a press conference on the 30th after ...

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