Reports now that the PBOC are to inject a combined CNY 395bln in 7day & 28day reverse repo's...here we go again!
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US Dollar Bull or Bear for the near term (This week) 13 replies
DislikedReports now that the PBOC are to inject a combined CNY 395bln in 7day & 28day reverse repo's...here we go again!Ignored
DislikedThe PBOC plans to borrow money from banks, thus taking money out of the economy. Why? Because the PBOC needs to take some of that money(stimulus possibly from 08) back out of the economy or prices (and interest rates) will skyrocket. If they don’t, we’re out of the proverbial frying pan only to roast in the proverbial fire.
Normally, when you borrow money, you pledge collateral against it. Say you have $10,000 in Treasury bonds and you want to borrow $10,000. You can use the Treasury bonds as collateral, no? As long as you and your lender agree...Ignored
DislikedSh*t hope JP's loading up here he'll make million on the next run down to the lows
http://www.youtube.com/watch?v=Z9ZMmMaOsO0Ignored
Dislikedi think he has currently higher prorities than to respond to your idea.Ignored
Dislikedlets hope so Macro-man...
Hope you're growing your bet size to acceptable rates of interest. Trade well my friend.Ignored
DislikedIt's something that took me along time to accept that there is SO much noise in the markets and there are only a few Key data points or 'events' that cause a position to be re-examined or cut. I Am in at various levels but the big shorts are at 1.04-1.0410 when we had the last sell down now I am only waiting for two events to occur in order for me to liquidate
We break the last walls of Confluence at 1.0435 and close on the DAILY. Even though I have a stop Loss at 1.05 I will cut almost immediatly before then because this congestion area can't...Ignored
DislikedI know my brother has an options website but not sure about a book. The options book I recommended 'Trading options as a professional' in my opinion is the best one out there came from a former MM and he knows his stuff about pricing and strategies.
I will start back up more on this thread its just been really dead in AUD for some time and I just recently bought a road cycling bike which has been interesting and eye opening on how out of shape I am lol
I wont be excited until RBA Nov or until we break AND CLOSE above the 50% YTDIgnored