buy stops in place at 1.2050.as i said 1.1950 was also a gud buy
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Disliked{quote} How is it bad news for the US$? Manufacturing sector contracting, this is kind of stuff the FED wants to see, higher unemployment! Not what is typically wanted from the economy but signs of a slowing instead of a growing economy to fight inflation. This is a knee jerk reaction in the wrong direction!Ignored
Disliked{quote} only way to stop fed is get continuous bouts of bad data. market rite now likes all bad dataIgnored
Disliked{quote} Actually time stops the FED. In 12 months what is considered inflation now will be considered the norm, so no inflation. The FED has to continue pulling liquidity out. The more important question is what will be left of the global economy after the FED's economic tightening (interest and liquidity) , the Russia - US/Ukraine war, the left overs from COVID, global ramifications of US actions like seizing bank accounts and so on.Ignored
Disliked{quote} Houtbay, a very good read of the market structure... Just keep in mind that GU may decide to go for the 5th wave. Good luck. {image}Ignored
Disliked{quote} talk now is about a fed pivot as early as Q1 2023. mr market is expecting bad set of data till Q1 atleast and then inflation drops post Q1 2023 and we see the fed cutting post Q3 2023Ignored