What I found really amazing looking at the charts that you posted here is the fact that even after almost 30 years of trading, I can not concentrate enough on different pairs at the same time, to be able to trade them. When I try to look for opportunities elsewhere (grass is greener in the other yard ), I end up either missing a trade on EURUSD ( my main trade) or screwing it up because of looking at some cross . Long time ago, it was even worse – get into position, it goes sour….and then I go over every single pair , trying to find a reason to hold on…of course it ends up in tears..
Now when I see how your thingy works , must admit that Amazing Trader is a very valuable tool even for veteran traders with their own proven systems. First thing that comes to my mind is the fact that I can continue trading my own system, and have this one working on it’s own in the back…to help me chose the trade, execute it, and take care of the most important part of trading – Risk Management !
If you think that this is some kind of kissing ass , well it’s not…I woke up a bit pissy , and looking at these charts , it just hit me…this is a great stuff…I should use it.
US 10-YR 4.113% +0.015 ; FED rate: 5.25
–
‘The Federal Reserve is now in sync about pushing out rate cuts’: Nick Timiraos The Claman Countdown Feb 07, 2024
concerns …
–
… the booming jobs report released Friday, fueled investor worries that rates may stay elevated for much longer.
Wall Street will now look ahead to the swath of Fed speakers this week. Perhaps they will shed more light on the path for rate cuts.
CNBC Daily Open: Wall Street anxious over Fed concerns ( CNBC Daily Open … <strike>international</strike> <i>irrational</i> markets newsletter.
Anyhow…. CHF weakness, Yeah carry works in favor of chf weakness. Behind that is SNB recent communiques indicating chf strength has served its purpose. Maybe they haven’t fully embraced that they want immediate weakness but call it a suggestion. Behind the behind is that Swiss inflation is lowest among the big boys coming around or below 2% which puts them ahead in the crawling race to shift policy. CHF/JPY is a trade a lot of people are watching (selling chf buying jpy to be clear). BOJ when it gets around to it most likely will move in the opposite direction by backing away from yield curve control.
Levels to watch in the absence of being able to post a chart ->
eur/chf the downward sloping trendline on the weekly that currently comes around .9550.
usd/chf -> weekly .9200 daily .8820-.8850
See how….
This was posted by one of our long time GV members right after we launched our redesigned website less than 2 weeks ago
Good evening…
Finding your way on an empty road is sorta spooky. It’s kinda like EUR/USD that way.
It’ll be easier to navigate this place after more people sign on and post some messages.
DLRx 103.96
Fed Governor Kugler backs caution on rates – cnbc
““At some point, the continued cooling of inflation and labor markets may make it appropriate to reduce the target range for the federal funds rate,” Kugler added. “On the other hand, if progress on disinflation stalls, it may be appropriate to hold the target range steady at its current level for longer to ensure continued progress on our dual mandate.”
right adrainna & thks !
for dollar to get new uP oomph looks like puppy be needing new additional energy vectors in the form of posi-data
hello orwell
–
* Nicknamed the “Broker Butcher,” Wu Qing was previously the acting vice mayor of China’s major financial hub Shanghai and served nearly two years as chairman of the Shanghai Stock Exchange.
* His predecessor Yi Huiman took the mantle of the CSRC in 2019, tasked to undertake a spate of sweeping capital markets reforms.
China appoints ‘Broker Butcher’ Wu Qing as new chairman of securities regulator cnbc & other wires
“In a time of Universal Deceit – telling the truth is a revolutionary act.” – Orwell
–
fwiw:
Whatever it takes? There are those that are concerned about broader stability or systematic risks, especially if disruptions spread to financial markets and the real economy. Interest rates are also likely to remain high with the Fed taking a March cut off the table, while the long inversion of the yield curve isn’t helpful for banks that borrow short to lend long. A full contagion and CRE crisis could see thousands of banks fail under a worst-case scenario, according to SA Investing Group Leader Avi Gilburt, who explores non–owner–occupied property loans, office building vacancies and default rates in a recent Seeking Alpha article. (12 comments)
srce: Seeking Alpha
concerned yellen says stress is manageable
–
“US Property Fears Send German Lender Bonds Plunging
(Bloomberg) — Losses in the commercial property market, which have already sent some banks in New York and Japan into a tailspin, moved to Europe’s biggest economy this week.
probably a good idea to wait a bit more before looking to buy some bottoms
water carrier jeff cox :
“Fed’s Neel Kashkari expects only two or three interest rate cuts this year”
https://www.cnbc.com/2024/02/07/feds-neel-kashkari-expects-only-two-or-three-interest-rate-cuts-this-year.html
Sitting here today, I would say, two or three cuts would seem to be appropriate for me right now,” he said during a CNBC “Squawk Box” interview. “But again, I don’t want to prejudge things, but that’s, that’s my gut, based on the data we have so far.” said the 2024 non-voter
What is the predominant market-driving theme this NY morning ?
10-yr 4.073%
euro 1.0771
– Res 1.0788, Sup 1.0740/30
I am biased. Looking for opps to sell as long as puppy holds 1.0810 Res
on deck
—
11:00 – kugler
11:30 – collins
12:30 – barkin
13:00 – yellen’s dept peddles off 24bln of 10-yr paper
14:00 – bowman
15:00 – US consumer credit
15:15 – ramache
16:30 – nordstrom
© 2024 Global View
