{quote} Pat, how was it in Acapulco?
Just kidding, Pat...
Price Action Trading (PAT) - Amplifying Market Insights
- #302
- Mar 17, 2023 3:09am Mar 17, 2023 3:09am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
DJIA
Structure on Wave C
Structure on Wave C
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #303
- Mar 17, 2023 3:22am Mar 17, 2023 3:22am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} GU Waiting for LO PB/RT {image}
Recovery trade from yesterday loss.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #304
- Mar 17, 2023 3:50am Mar 17, 2023 3:50am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
BTFP refers to the Bank Term Funding Program.
The program was created by the Federal Reserve to provide additional funding to eligible depository institutions, including banks, savings associations, and credit unions, to ensure that they can meet the needs of their depositors.
The program offers loans of up to one year in length, and collateral can be pledged in the form of various securities, such as U.S. Treasuries and U.S. agency mortgage-backed securities.
In the chart provided, it appears that banks borrowed $11.9bn from the new BTFP as part of the effort to cope with a serious crisis of confidence and liquidity in the financial industry.
The program was created by the Federal Reserve to provide additional funding to eligible depository institutions, including banks, savings associations, and credit unions, to ensure that they can meet the needs of their depositors.
The program offers loans of up to one year in length, and collateral can be pledged in the form of various securities, such as U.S. Treasuries and U.S. agency mortgage-backed securities.
In the chart provided, it appears that banks borrowed $11.9bn from the new BTFP as part of the effort to cope with a serious crisis of confidence and liquidity in the financial industry.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #305
- Mar 17, 2023 4:28am Mar 17, 2023 4:28am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
Friday event
Later today, there will be several news releases that include
Preliminary UoM Consumer Sentiment,
FOMC Member Waller's speech,
Federal Budget Balance, and
FOMC Member Harker's speech.
However, it is unlikely that any of these releases will have a positive impact on the dollar.
Later today, there will be several news releases that include
Preliminary UoM Consumer Sentiment,
FOMC Member Waller's speech,
Federal Budget Balance, and
FOMC Member Harker's speech.
However, it is unlikely that any of these releases will have a positive impact on the dollar.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
Friday event Later today, there will be several news releases that include Preliminary UoM Consumer Sentiment, FOMC Member Waller's speech, Federal Budget Balance, and FOMC Member Harker's speech. However, it is unlikely that any of these releases will have a positive impact on the dollar.
Next week continues to meet the Fed's storm.
Just follow the trend.
- #308
- Mar 17, 2023 4:43am Mar 17, 2023 4:43am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
GU
Waititng at LTF for candle to closed with level rejected.
Going for long set up
Waititng at LTF for candle to closed with level rejected.
Going for long set up
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #309
- Mar 17, 2023 4:52am Mar 17, 2023 4:52am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} ...part of the effort to cope with a serious crisis of confidence and liquidity in the financial industry Banks borrowed to cope with the incompetent FED that continues to raise interest rates to combat inflation caused by increasing the money supply during COVID-19! Inflation was not caused by excessive economic activity, low-interest rates or any number of other issues that interest rates could have effectively combated. As the FED continues to withdraw liquidity expect more problems in the economy and for all investments!
ThanksWhat does this mean for the Fed next week?
Maybe there is no need to raise rates.
The tightening of lending conditions due to recent events increases the risk of a harsh economic decline and inflation reaching the target level by early next year.
This appears to be a prevalent trend in the current market, with different segments sending mixed signals.
There is a significant turning point in various areas, particularly with uncertainty surrounding Fed policy.
We are at a major pivot point all around the board, especially with Fed policy in question.
Next weeks are big.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #310
- Mar 17, 2023 5:03am Mar 17, 2023 5:03am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} This week's storm event is over. Next week continues to meet the Fed's storm.
Looking forward for FOMC next week.
I think they’ll do 25bps regardless of the market.
50 is pretty much off the table after the events of the past week.
Market knows there is zero chance of 0.5, hence the rally we're looking right now.
Markets now pricing in .25 max due to banks fiasco.
The possibility of .50 raised by JP has been ignored.
That’s why bonds n stocks have been holding hands.
Time to sell USD.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #311
- Mar 17, 2023 5:06am Mar 17, 2023 5:06am
- Joined Jun 2013 | Status: Trader | 14,550 Posts
{quote} Looking forward for FOMC next week. I think they’ll do 25bps regardless of the market. 50 is pretty much off the table after the events of the past week. Market knows there is zero chance of 0.5, hence the rally we're looking right now. Markets now pricing in .25 max due to banks fiasco. The possibility of .50 raised by JP has been ignored. That’s why bonds n stocks have been holding hands. Time to sell USD.
- #313
- Mar 17, 2023 5:09am Mar 17, 2023 5:09am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
GU Waititng at LTF for candle to closed with level rejected. Going for long set up {image}
GU
Scalp LONG
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #314
- Mar 17, 2023 5:15am Mar 17, 2023 5:15am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Yeah but what will the MM's do?
The FED is not going to like what they are seeing with all the MM speculations.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #315
- Mar 17, 2023 5:21am Mar 17, 2023 5:21am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} all true, but we are GU bears
If FED do .25 at most then that will be it. QE has already begun. QE began.... USD Sell...
I dont know te reason you're seeing opposite.
Maybe you can share, if those point I've mmissed or overlook
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #316
- Mar 17, 2023 5:31am Mar 17, 2023 5:31am
- Joined Jun 2013 | Status: Trader | 14,550 Posts
{quote} I may see the opposite ,as FED will have a dovish rate hike, as JPow is weak. If FED do .25 at most then that will be it. QE has already begun. QE began.... USD Sell... I dont know te reason you're seeing opposite. Maybe you can share, if those point I've mmissed or overlook
- #319
- Mar 17, 2023 6:03am Mar 17, 2023 6:03am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} lets wait for weekend, this is shaky PA right now.
GU
The possible of deeper pull back to the TL
Watching this possibility too as we have news later.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104