Bailouts are like a honeymoons. They are both sentimental peaks - the end of the innocence and the beginning of reality.
I shorted USD/JPY yesterday evening at 106.347. Why?
1. Good technical short opportunity - price nearly two (1.96)stdev above mean close on 30 minute and hourly charts, reaching R1 as well.
2. As stated above bailouts are like honeymoons and I believe the markets are realizing that that they have married a lip stick packing pig - sorry, couldn't help myself. AIG is one of the largest swap insurers in the market. AIG's failure highlights the fact that the level of financial/corporate failure is so extreme that normal market protections cannot contain the failure. This will scare even the most risk seeking investors to safety.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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Bailouts are like a honeymoons. They are both sentimental peaks - the end of the innocence and the beginning of reality.
I shorted USD/JPY yesterday evening at 106.347. Why?
1. Good technical short opportunity - price nearly two (1.96)stdev above mean close on 30 minute and hourly charts, reaching R1 as well.
2. As stated above bailouts are like honeymoons and I believe the markets are realizing that that they have married a lip stick packing pig - sorry, couldn't help myself. AIG is one of the largest swap insurers in the market. AIG's failure highlights the fact that the level of financial/corporate failure is so extreme that normal market protections cannot contain the failure. This will scare even the most risk seeking investors to safety.