Daytrader21's Blog

Avatar

Preparing the Week Ahead


Not only the market it can become very sensitive to the current geopolitical event which is Ukraine, but next week the economic calendar is very hot as we have the FED monetary policy announcement and the Fed peace of MBS and Treasury purchase program. Don't be fooled that recent event like the EM crisis or this geopolitical event can interfere with tapering, FED tapering is already on autopilot and we should see further $10B/meeting reduction in assets purchase and we should see Fed moving fur…
Lee el artículo completo
Traducir a inglés Mostrar original
Convallium avatar

Great blog post!  We should always plan our deal if we want to have profit)

Daytrader21 avatar

Convallium true, trading is all about preparation and execution.

Convallium avatar

Thank you, Daytrader21, I will use it on this week)

jezz avatar
jezz 16 Mar

I'm not sure if Draghi can help. His statements are... without authority, to be gentle. The overall negative exchanges between US and Russia are not helping USD at all. If I were Chinese, I would buy the dollar now :P

Convallium avatar

Thank you, Jezz ,for your vision)  I also try to operate with Chinese and USD)

oDejar comentarios
Avatar

Fed's Yellen Speach

Today it seems to be the big day for Janet Yellen as she is due to deliver her first monetary policy speech, as the New Fed Chairman, in front of Congress. I think she will continue with the current Fed's rhetoric that QE program worked and that any further reduction in the bond buying program will be "data depending". The only think we should watch is how she will respond to the fact that unemployment rate is still above Fed target and also the inflation ra
Lee el artículo completo
Traducir a inglés Mostrar original
jezz avatar
jezz 11 Feb

Hm, isn't the text released 90 minutes earlier?

Daytrader21 avatar

Jezz you have sharp eyes:). I have double check it and it's half an hour earlier than what I've posted which means 15:00GMT/10:00ET the same like today's hearing.

oDejar comentarios
Avatar

FOMC Statement another 10B Tapering?

Right now the question is not if Fed will continue tapering but more how much are they going to taper. Are they going to be more aggressively or will they be very conservative.
If you're asking me I don't think they want to start being aggressively with the recent soft US economic data and beside if they send the wrong message to the market it can easily send the stock market in a sell off, which I'm sure they don't want to be blamed of. More likely they will play it very conservatively and will…
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

Why is US Dollar Weak?

Last week we have seen the dollar selling of quite hard against major currency like euro and the yen. Most
likely the market driven theme for the dollar sell of was the lower yields.
We know that lower yields means
a weaker US dollar. So lower yields makes the US dollar somewhat less attractive for investors.
Figure 1 show us the US 10 Year bond Yield which have broken an important trend line that kept in place the
current up trend this may suggest that we may see the 10 year yields going furth…
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

Federal Reserve QE Effects on the Stock Market

Since the global financial crisis of 2007–2008 the FED has begin using new type of market policy like Quantitative Easing to try to stimulate economic growth. QE is the same as printing money. Interest rates where already at record-low levels, so in order too pump more money in the economy the central banks around the world where left with only one option to buy assets, usually government bonds, using money it has simply created out of thin air, that's basically what QE means. While the FED was …
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD Positions - Target Reached

Although it was Christmas and we didn't had proper trading conditions but I still have had 2 opened positions which where closed today as my taking profit order was reached. I had five fundamental reasons behind my AUD bearish view:
  • Few months ago RBA cut interest rate at historic low.
  • RBA has decided to kept the door open for another round of interest rate cut if the economy is not showing signs of recovery.
Lee el artículo completo
Traducir a inglés Mostrar original
sonjatrader avatar

Interesting point of view.Nice article Daytrader21 :))

Daytrader21 avatar

Thank you Sonia for your kind words

HOANG_MAI_NHI avatar

very good, i see u take profit it

oDejar comentarios
Avatar

Tapering - The Unexpected Happen


I can't emphasize enough the idea and the importance that as a trader you must always be prepared for the unexpected and always taking in consideration the other side of the market. Basically this was the main idea behind my take on tapering decision.
The most awaited news for the year has just happened and again this was a strategic move from the Fed, if you remember not long ago Fed has given very strong signals to the market that they will end QE in September, but that shocked the market wit…
Lee el artículo completo
Traducir a inglés Mostrar original
sonjatrader avatar

Very good article Daytrader21,I totally agree

Daytrader21 avatar

Thank you Sonja.

geula4x avatar
geula4x 19 Dic

+1 Liked: Very nice article, Daytrader21! Happy trading today :-)

Daytrader21 avatar

@gelua4x Thanks, I wish you good trading as well

oDejar comentarios
Avatar

FOMC - The Big Day

Probably today is the most important day before the year end. And like the last meeting from September there are growing bets that the Fed will start cutting back from their QE programme and move away from his easing cycle. It seems that the most they agree with something, and here I'm speaking about the tapering, the higher the probability it will not happen.
And if you think that's easy, timing when the Fed will start tapering, just think again, only recently we saw FED unexpectedly refrained
Lee el artículo completo
Traducir a inglés Mostrar original
HOANG_MAI_NHI avatar

very nice

oDejar comentarios