@MaxCrypto The long term liquidity buyback was initiated in the past month. Pumping $4.12billiom with the view to reduce the interest on bond yields, but it didn't do much....
Will $5,480,000,000 have much effect like the FEDs expect?
@BitcoinIntelX The dxy ia already showing signs of a deep pull back. Following the news of the IS treasury heading to the roof..
The problem here is thst almost all major economies you kmksy. The UK, France, Japan... Are all having a treasury sell off. I guess metals may be the safe haven herr
@CryptoNobler The UK alsoy.... The question then is,.
What currency pair should a trader be looking to trafe?
Right now i think XAUUSD will be a safe haven for the coming weeks...
@CryptoNobler This is so serious.... The dxy has been rallying fir over 18 months and for the first time, it seems like there is gonna be a big pull back. Following the recent update on the US treasury,..
But here is whee is gets even interesting. France is also having a sell off onnit bond
So before you blindly buy USD...
Watch the DXY + Treasury yields.
Because what happens next could have a major impact on:
#EUR/USD
#GBP /USD
#XAUUSD#usdjpy /JPY
Tomorrow, I'll break down what I'm watching on the Dollar and why I think this pullback could matter.
TJE DOLLAR MAY NOT BE DONE RALLYING .
But that doesn't mean it has to rally right now.
DXY has pulled back from its recent 18-month high, while US Treasury yields have also eased.
And this is where traders need to pay attention.
A strong trend can still have deep pullbacks.
@DipoAdepoju The trader looses everything
So if result is now used as a yardstick for success and not PROCESS then it's only a matter if times before the whole castle crumbles. because a result who's process was not documented, can not be replicated.
I'd go for process over results.
@DipoAdepoju I totally agree. Some time's the result say " Okay" and the brain picks that and hold on to it even when the process isn't what was originally planned. The brain then learns to just do stuff anyhow cuz the last time, it still got result at the end if the day
YOU DON'T NEED MORE TRADE
You need better reasons to take them.
One of the hardest lessons in forex is learning that **being out of the market is also a position.**
No setup? Stay out.
Missed the entry? Stay out.
Already hit your daily target? Stay out.
Bored? Definitely
Most traders don't lose because they lack a strategy.
They lose because they can't follow the strategy they already have.
You can learn market structure.
You can understand liquidity.
You can master risk management.
But if you can't control yourself, none of it matters.
@Tesla The world is fast changing and some few are making sure it titles to where they want it to
Id say a bug congratulations to the Tesla team. This new feature in the Tesla model is indeed a statement if the future. It shows the dedication anf commitment the team put in every time.