Nothing? Lol … ok banks work on big figures 1000 / 50 and that’s it, because they are hoping to do a good job running a ton of money. So key figures apply. A lot of people told me that and that Italian boy did not listen for a while…it is very simple. I asked Jay one night after trying to trade 24/7 “why does it go that way” … Jay said “it just does.”
BTC 4 HOIUR Chart
I heard earlier that a bank forecast BTC will hit 150,000 by the end of this year and 250,000 next year (I am only the messenger).
I am just passing it on but with forecasts like this, it will reinforce the buy-and-hold crowd unless they get forced out.
For treading levels just use magic levels like 60,000-65-000-70-000-75,000
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If someone knows the leverage that brokers allow on BTC, please post it.
I have colleagues with a firm who trade futures. They confirm whether Buyers or Sellers control any particular market at any given time, then trade alongside that dominant group. They almost never miss. If you are curious just email Jay and I will be pleased to speak with you. Spot and futures tend to work in tandem.
If you paid attention to my post on Chf ending the week I gave figures for Monday 3 days in advance, that missed by 2 pips. I learned simplicity. No extravagant indicators. I reverse engineered every indicator. A floor trader (Ronald Carr) tought me to use pivots. But you calculate 3 days back, not one day.
JP – you always have levity with me. Always. I called out a few youtubers and we went to battle. I learned a few things. They lost the war though, they had no idea. A few were humble, a few were arrogant. I am told I am the only CTA to score 100% in regulation and 99% in market knowledge. Missed by two points the first time, nailed it the second. I am not a god student. A fighter. When you are testing you are in a locked room with security guards and cameras, no chance of cheat sheets lol. You were in a private plane to get there and your head is hitting the ceiling literally, a Nam pilot lol. However, I lack common sense sometimes. Important to acknowledge that lol.
nothing worthy of attention on deck so …
10-yr 4.316 is pretty flat
for yield (and the dlr) to go up some more would probably need to see some more inspiring data, which atm, looks unlikely.
And IF jerome comes out with optimistic and dovish yikyak, yield will likely pull back fairly rapidly.
No not likely: highly likely.
augustin says
If … i.e. maybe. speculative opinion, no guarantee
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Fed and other banks to make ‘major progress’ on rates this year, BIS chief says – cnbc
– The Federal Reserve and European Central Bank look poised to make “major progress” in cutting interest rates this year, says the central bank of central banks.
Agustín Carstens, general manager of the Bank for International Settlements, told CNBC on Monday that major central banks had so far made “very impressive advances” in lowering inflation and suggested that they could soon shift toward a looser monetary policy stance.
“If everything goes fine, I think that, certainly this year, we will see major progress, especially toward the second part of the year,” Carstens told Annette Weisbach
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