the "other sources" of cheap money needs to have "enough liquidity" and trade freedom, in this manner only $USD, $EUR, $JPY, $GBP & partly the Swiss franc.
one of the above currencies need to have a seriously cheap borrowing rate, otherwise markets won't be growing for few weeks/months
Personally, I believe the US dollars can take this role again, but only when $USD rates actually cut for at least 275-300 base points of current levels (550-575).
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end of thread 🧵🤝
انتهيت من ترجمة كتاب دراسات في منهجية ويكوف.
أتقدم بجزيل الشكر لروبن فيلاهيرموسا @RubenVillaC وذلك بالسماح بترجمة الكتاب ونشرها بشكل مجاني. و أتطلع إلى مشاركة هذه المعرفة القيمة مع مجتمع التداول العربي.
#وايكوف#التحليل_الفني#أسواق_المال
Many thanks to Robin Villahermosa @RubenVillaC for his generosity and permission to translate THE WYCKOFF METHODOLOGY IN DEPTH.
We look forward to sharing this valuable knowledge with the Arabic trading community.
#Wyckoff
#TechnicalAnalysis
#FinancialMarkets
https://t.co/9R4XOSonAN
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