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Forex Forum Archive for 05/20/2022

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dc CB 21:35 GMT May 20, 2022
BIDEN



"We did it Joe!" ...record high gas prices for the 11th straight day...

dc CB 20:20 GMT May 20, 2022
Headline news

Updated May 20, 2022 3:30 pm ET

New York City Investigates Possible Monkeypox Case Amid Outbreak
Cases of rare disease endemic to West, Central Africa have been detected in some dozen countries

https://www.wsj.com/articles/new-york-city-investigates-possible-monkeypox-virus-case-amid-outbreak-11653074645

dc CB 20:16 GMT May 20, 2022
Headline news

The Biden administration has placed an order for millions of doses of a vaccine intended to protect against smallpox and monkeypox, after the first case of monkeypox in the United States this year was confirmed in Massachusetts on May 18.

https://www.zerohedge.com/medical/biden-admin-places-119-million-order-vaccines-after-single-case-monkeypox-reported-us

dc CB 20:09 GMT May 20, 2022
mkt

two hikes in and we are at a bear market, and QT hasn't even started.

"9 or 10 hikes more" pic.twitter.com/AY0ASDggqw
— zerohedge (@zerohedge) May 20, 2022

dc CB 20:05 GMT May 20, 2022
Headline news

Dow Suffers Longest Losing Streak In 99 Years

Bangkok KC 19:00 GMT May 20, 2022
SELL USD/JPY

HOLD [email protected], Target 122

USD/JPY collapse is inevitable!

--------------------------------------------------------------
Bangkok KC 15:33:53 GMT - 05/18/2022
USD/JPY sold off nicely, on the way to 122-123JPY.

---------------------------------------------------------------
Bangkok KC 08:08:32 GMT - 05/17/2022
Hold [email protected], Target 123
Sell more on rally to 130(if see)

dc CB 18:55 GMT May 20, 2022
BIDEN

Former Clinton campaign manager Robby Mook dropped a bombshell in court on Friday - testifying that Hillary Clinton approved the dissemination of allegations that then-candidate Donald Trump had a covert communications channel with a Russian bank

https://www.foxnews.com/politics/hillary-clinton-approved-trump-russian-bank-allegations-sussmann-trial

Jkt Abel 18:54 GMT May 20, 2022
mkt

PPT in action

dc CB 18:48 GMT May 20, 2022
Headline news

Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate

Wait Wait Wait---I thot Trump was Putin's Bitch.

Mook Testifies That Hillary Clinton Approved Trump-Russia Media Dissemination

dc CB 18:45 GMT May 20, 2022
mkt

Mtl JP 00:26 GMT 05/20/2022 - My Profile
Tesla $709 (post-split)
__________________________________________________
Analyst Adam Jonas said that "Tesla was due for a reset" and asked whether or not new investors/Tesla owners would "enter the arena" at $500.

https://www.zerohedge.com/markets/morgan-stanley-joins-wedbush-souring-teslas-coming-q2-results
______________________________________________

so what was that stock price 'trigger' to Elon's holdings----That someone here said was 'far fetched' -------

dc CB 18:31 GMT May 20, 2022
Headline news

link
Telegraph
https://www.telegraph.co.uk/news/2022/05/20/monkeypox-outbreak-doubles-health-authorities-set-announce-11/

dc CB 18:29 GMT May 20, 2022
Headline news

MonkeyPox

WHO Convenes Emergency Meeting As MonkeyPox Virus Goes Global
"Vaccinating close contacts of confirmed cases, also known as ring vaccination, is a good option for health officials...."

Mtl JP 18:27 GMT May 20, 2022
mkt

those who do not trade on margin
and therefor do not have to sell

Jkt Abel 18:09 GMT May 20, 2022
mkt

But who is gonna hold long on weekend like this...

Jkt Abel 18:02 GMT May 20, 2022
mkt

Looks like no more new low today for indices

Mtl JP 17:35 GMT May 20, 2022
mkt

SnP500 3813.50
-
A close below 3,837.25 would mark a 20% pullback from the S&P 500’s Jan. 3 record finish, meeting the traditional definition of a bear market, according to Dow Jones Market Data.

The Qtn now will be between :
- how long (will it last)
- how will it climb out

Which one is more important?

Mtl JP 17:28 GMT May 20, 2022
BIDEN



existential qtn

Mtl JP 17:17 GMT May 20, 2022
BIDEN

PAR - note "If a person is important,people will line up to visit him even if he lives in a remote mountain village..If a person is not important,nobody will visit him even if he lives in the centre of a busy town"..(Chinese proveb).." - shanghai bc, Nov 2006

what bc did not address is one big difference between west and east cultures namely:
- a westerner will be very expressive showing his emotion
- an asian makes it an over-riding importance to keep a "frozen" (poker) face making utmost effort not to betray internal emotions and to keep counterparty guessing.

watch. observe. learn. maybe profit.

PAR 16:50 GMT May 20, 2022
BIDEN
Reply   
Biden goes to Asia to explain how you can create
a BEAR MARKET.

Mtl JP 16:10 GMT May 20, 2022
mkt

SnP 3840 testing S

Mtl JP 15:42 GMT May 20, 2022
mkt



EURO 1.0555ish
-
puppy currently promising close N of previous week's close
that would lend the puppy a bit of a bull flavour

Mtl JP 14:35 GMT May 20, 2022
mkt

NY JM 14:14 from 12:56 = 1:18hrs or 78 minutes
sounds like jobbing the 5 min bar tactic of the day

Mtl JP 14:29 GMT May 20, 2022
mkt



DLRx 103. ..
looking like bear cub - cute n cudly
ps grown bears are omnivores meaning they also eat meat
-
on the other hand (to borrow a non-commitment bs line from economist dna) is the market pricing a bull run by the likes of euro, gbp or yen ?

lets see how much in a loss on the week usd closes. doom doom doom as I invite anyone to my
JP 17:42

NY JM 14:14 GMT May 20, 2022
mkt

Wash off…

Bangkok KC 12:59 GMT May 20, 2022
BUY AUD/USD on dips

AUD rally nicely on the way to 0.7200 and 0.7500

Hold [email protected] 0.7000, 1st take profit @0.7250

------------------------------------------------------------
Bangkok KC 12:09:41 GMT - 05/19/2022
1st [email protected], Target 0.7500

NY JM 12:56 GMT May 20, 2022
mkt

Another wash on/wash off day.

NY JM 11:04 GMT May 20, 2022
Headline news
Reply   
Headline news here is all about rising gas prices and rising inflation.

HK Kevin 10:28 GMT May 20, 2022
yen

Mr. Yen Says Currency May Weaken to 150, Last Seen in 1990.

Mtl JP 10:19 GMT May 20, 2022
Consider 1 + 1 = 11
Reply   
THE MANDATE
-
..."of the Federal Reserve is to serve all the American people... The Federal Reserve can help, if it does its job effectively. ... We can ensure that inflation remains in check and doesn't undermine the benefits of a growing economy. We can and must safeguard the financial system.

The Fed has powerful tools to influence the economy and the financial system, but " ... - yellen October 09, 2013

New York Fed:
- "As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system."

- FAQ What was the policy objective of the Federal Reserve's program to purchase agency mortgage-backed securities?
The goal of the program was to provide support to mortgage and housing markets and to foster improved conditions in financial markets more generally.

In the last few days I recall reading one of the FED mushroom farmers talk about selling off MBAS.

World Economic Forum
@wef
Global debt reached a record $303 trillion in 2021. Here’s why that matters.

Read more: http://ow.ly/znaX50JchK4 #wef22
12:14 PM · May 19, 2022·Hootsuite Inc.


like esther said: Fed isn’t focused on impact of rates on stocks
rather
like yellen said 22 years ago:
must safeguard the financial system
hard landing soft or softish landing ... who cares

hk ab 09:17 GMT May 20, 2022
yen
Reply   
limit 128.70, 129.30 short.

PAR 08:03 GMT May 20, 2022
G7

Politicians now need to solve the inflation problems the ECB caused by printing too much money. Lagarde always leads to problems.

HK Kevin 07:50 GMT May 20, 2022
mkt

Not a surprise to me if US enters recession in early 2023
What would you say
IF i said :
-
Fed will not tighten as much as it is trying to scare the kids
2 more hikes and ... pause

PAR 07:39 GMT May 20, 2022
G7
Reply   
The focus is on inflation and the lack of action by the ECB.

hk ab 07:34 GMT May 20, 2022
yen
Reply   
deciding the selling level, maybe 129, 128.7

PAR 07:13 GMT May 20, 2022
ECB LAGARDE CRUELLA PONZI MAFIA KAFKA

Holger Zschaepitz
@Schuldensuehner
·
1h
Is this a writing on the wall for consumer prices (CPI) in #Germany? German Producer Price #Inflation (PPI) rose by 33.5% in Apr, more than ever before.

PAR 06:57 GMT May 20, 2022
ECB LAGARDE CRUELLA PONZI MAFIA KAFKA
Reply   
Negative rates keep signaling that Europe is in a permanent recession and can't function without constant chemotherapy.

Let's bring rates to normal levels and stop voodoo economics.

It didn't work.

hk ab 03:48 GMT May 20, 2022
yen
Reply   
a local newspaper headlines talk about the yen weakness drew my attention.....

If there are more upcoming, I think this leg of yen weakness is done.

Mtl JP 00:26 GMT May 20, 2022
mkt



Tesla $709 (post-split)
-
"For they that sleep with dogs, shall rise with fleas."
political knives out now:

https://www.businessinsider.com/spacex-paid-250000-to-a-flight-attendant-who-accused-elon-musk-of-sexual-misconduct-2022-5?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter

 




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