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fxfox

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Everything posted by fxfox

  1. https://www.forexlive.com/news/usdjpy-implodes-in-400-pip-fall-whats-next-20231207/
  2. „Tipping points“ are a hoax. Like the bullshit the „Club of Rome“ published in 1974.
  3. Who has the pants on? The Treasury or the FED? I say. The Treasury. Yellen will do ANYTHING to prevent a serious downmove in 2024. It is all about the election in 2024.
  4. Italian 10y just did fall below 4%, six weeks ago it was at 5.05…
  5. The long term statistical correlation between the EUR/USD exchange rate and the performance of US Stocks is not very robust. At times it is near 1.00 and then there are times where it is like 0.50 or so. I would intermarket analysis not completely disregard, but the problem with it is, that the correlations are not very robust and change over time. Then the hen/egg problem: Sometimes it follows oil, that leads to higher USD, which then leads too... bla bla bla... Intermarket analysis is a wonderfull thing to talk about in hinsight. But for real life trading completely useless. Trade your own multi million dollar account with all your life savings in it and then we will talk about intermarekt analysis again...
  6. I would not be surprised a single bit to see ECB going back to zero rates in 2024.
  7. I even have a weekly buy signal on Peloton, the bike with sn ipad on it… That says it all. It the FED really wants to stop this they gotta make a Sir Prize rate hike.
  8. Paypal, Teladoc, Enphase and whatnot new buy signals on my weekly stuff
  9. 50 weekly at 4.00, then we will see The 2y is already at the 50, if that doesn‘t hold we go to the 200 at 2.87
  10. Interesting that just a bit of relief on the issuance front is enough to ignite an „everything bubble“.
  11. Hm yes. So there are only 2 possible scenarios: 1. The FED and ECB buy the debt 2. Governments reduce spending Since 2 is not very realistic, I vote for 1 😂
  12. Look at Italian and German 10 year rates monthly chart. Sep, Oct, Nov candle looks like classic reversal pattern.
  13. Consumerism won't die. Look at the crazy shit they baught in the 70s Those sauna pants...
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