DislikedIf one remembers, private banks stop loaning $. Liquidity dried up. The fed started this swap, similar to October repo.Ignored
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DislikedIf one remembers, private banks stop loaning $. Liquidity dried up. The fed started this swap, similar to October repo.Ignored
Disliked{quote} wow. the same pattern repeats ...this time JP Morgan started the repo crisis....Ignored
Disliked{quote} It snuck up on them last time.. this time people are less leveraged.. The problem now is, its not the people. Companies are overleveraged! Lots of junk bonds are worthless. Each tax cut has been preceded by a banking crash..Ignored
Disliked{quote} It snuck up on them last time.. this time people are less leveraged.. The problem now is, its not the people. Companies are overleveraged! Lots of junk bonds are worthless. Each tax cut has been preceded by a banking crash.. Ronald Reagan then S&L Crisis, Bush 1.. followed by one during Clinton's tax reform, that was saved at the last minute just before a crash. W. Bush had a cut followed by 2008.. Wash rinse repeat.Ignored
Disliked{quote} Its probably safer to say the trendline will hold. But look at the bearish wedge that has recoiled bullish usd pa. If the tl breaks up, eu bears could be in for a run toward usdx 100.. That is equal to about 600 ish eu pips in drop. Add in the china deal helping commodity pairs. That would lead to additional eu drop verse usd. Atm the upper tl on the usd is holding. The bearish hs on the eu has not developed. The eu still has a higher low to beat. But if the usdx uper tl breaks, and the eu does get below 1069 to close a day. These levels...Ignored
Disliked{quote} looking like a bullish wedge b/o now. (usdx week chart). My plan is to, sell eu rise. I already have some shorts. I want a rise to load more at R. {image}Ignored
Disliked{quote} looking like a bullish wedge b/o now. (usdx week chart). My plan is to, sell eu rise. I already have some shorts. I want a rise to load more at R. {image}Ignored
Disliked{quote} It won't be easy next week.. besides the month end, also FOMC next Wed... Bank of England on Thurs,,, also Jan 31 Brexit next Friday... its going to have a wild ride.... .better prepare to trade both directions at least until FOMC.. {image}Ignored
Disliked{quote} I'm a little cautious because repo.. I remember 2008 drop didnt retrace much for a while.Ignored
Disliked{quote} Next Wednesday, Powell will definitely talk about repo..... ...if Fed decides to continue or even increase T-bill purchases and repo-operations, we pretty much know dollar will suffer...Ignored
DislikedI am long and short Eu at the same spot 1046.. lets see which side TP out first...,, I would like to reload EU shorts that I had cashed out... I don't mind if shorts get stuck, since they are for a long ride...while longs just for a short term scalp..Ignored
Disliked{quote} closed EU short at 1040, +6 also Swiss long at 9706, +8.. will reload.....I should have closed that EU long for +5.. dawn it.. {image}Ignored