BDFS - Thinking out from the Box

HI guys new in FF, i know many professionals are here, i feel blessed many professionals sharing their knowledge restlessly !
Specially Steve for your no brainer trading and FF community for faster and insightful news.

im going to share my know knowledge basically i'm smart money follower, i use NBT as my trading tools beside that i follow many mentors like chris lori for fundamental analysis and read book as much as i can.

My favorite book: CURRENCY TRADING and INTERMARKET ANALYSIS by ASHRAF LADI
Elder Alexander - Trading For A Living
7 winning strategies for trading forex - Grace cheng
Forex Revolution, An Insider's Guide to the Real World of Foreign Exchange Trading - Peter Rosenstreich
Raghee Horner - Forex on Five Hours a Week
Long-Term Secrets to Short-Term Trading - Larry williams

I believe Forex market is manipulated, if we want to earn from Forex we need to follow smart money ! broker don't eat our stop loss ! we are designed to put our stop loss where market should test, we need to change our view !


i know many gurus will come to this thread and will try to prove themselves that they are right im admitting all you say but this is my view !

here is my twitter you can follow me : https://twitter.com/bdfs07

i will post my market view and fundamental insight as much as i know, hope you guys share with me your knowledge and market view

Currency trading market is going to be ruined due to oil price deflation???

During the last eight months, the oil price has dramatically dropped from $114 per barrel to just over $49, which occur serious positive and negative impacts on the present world economy. The major oil importer countries, such as USA, India and China have directly benefited for the oil price deflation. This oil price deflation has not only strengthened USA’s economy in the global financial markets, but also pushed back on a narrative of US dollar’s decline. On the other hand, the oil exporter countries such as Russia, Venezuela, Iran and Nigeria are directly affected due to the price deflation of oil. As these countries’ economies depend heavily on oil revenues, their GDP are near about to jeopardize now. In this connection, their currencies are facing savior problems in the currency market.

Consequence1
There is every possibility to increase the oil production by the oil producers now. Cause crude oil price leads a bear market which encourages the energy sector investors for waiting the bottom of oil prices. Selling the additional oil at today’s price and investing the proceeds at the existing long-term interest rate, the rise in the interest rate will cause oil prices to fall further. Rather than this, oil price can fall even further if the global supply glut of oil will not close to meet demand at a natural equilibrium.

Prediction 1
If the oil price is falling in the same way, bullish mood of us dollar will be continued up to the rock bottom price of oil.

Consequence 2
The oil producers can leave the oil in the ground as an investment and oil producers can restrict their supply by holding oil for better price of oil. Oil price also increase if Oil companies around the world keep supply off the market by reducing the amount of oil that they take out of the ground.

Prediction 2
If the supply of oil doesn’t meet demand of energy sector investors, then the price of oil will start increasing. As biggest oil importer country, USA will have to spend more us dollar for importing oil and bearish mood of us dollar will be started.
Impact of oil price deflation in forex market
If oil price is falling further and further just in this way, currency trading market will have to face the worst situation of its history. In that case US dollar will be the one and only lead currency throughout the world and each and every currency will be weakening against US dollar. No volatility WILL EXIST in the currency market and stagnant situation will be occurred. Buy/sell can’t be executed due to the lack of buyer/seller against the every selling/ buying in the currency trading market........So before changing the present bullish mood of us dollar, it will not wise to go for large investment in the forex market.

@luna

FOMC !

i will search for 2 words, patience or interest rate increase

my expectation huge bullishness in USD

nice drama

CPI was in good condition, GDP was good, unemployment rate was high and now dovish ?

i suspect all reports are fake, all thing's manipulated