I'm long the $dollar and still feel short changed when I buy anything.
Boy, the Dollar Looks Strong
#12
Posted 16 July 2022 - 10:40 AM
Europeans have pushed the PANIC BUTTON on the Euro...
They are out here talking about UNLIMITED BOND BUYING
https://finance.yahoo.com/news/ecb-bond-tool-seen-having-040000033.html
This "new tool" is not new... Draggy introduced this idea in 2012 in a Euro crisis...
https://www.theguard...is-mario-draghi
They are scared to death IMO.
And they should be.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#13
Posted 16 July 2022 - 10:45 AM
I'm long the $dollar and still feel short changed when I buy anything.
Yes, but just think if you are in Europe... you watched the Euro depreciate 15% against the US$
Most of the World's debt is denominated in US$ - you must fork over 15% MORE Euros to have the pleasure of making payments.
A LARGE PERCENTAGE of the Global Commodity Trade is DENOMINATED in US$ - add another 15% to wholesale commodity prices for Europeans and what do you have? It is a disaster... No wonder they are panicking...
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#14
Posted 16 July 2022 - 10:49 AM
So this sets up good opportunity for polls...
But I don't have an option for that on my screen.
Is it just that the US$ is STRONG?
or is it that the $YEN and EUR$ are WEAK?
I'll use Twitter instead.
Link, Please Vote
https://twitter.com/...334907297898499
Edited by SemiBizz, 16 July 2022 - 10:54 AM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#15
Posted 16 July 2022 - 10:58 AM
Speaking of STRONG...
https://twitter.com/...027218428694529
"This is one strong group running this tape last 2 days... they were magnificent, pulled off that lower low y'day and then basically been "in yo face" blatant rally with a few clever bear bait traps..."
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#16
Posted 16 July 2022 - 11:07 AM
I wouldnt IMO, yields have topped potentially for our lifetimes.Going parabolic?
Maybe.https://www.tradingv...ymbols/TVC-DXY/
I'm trying to figure out when and where to re-short the long bond.
You are going to be a averaging down to 400 SPX, intrerest rates are going to 15%,
Fed funds rate to 8%.
LOL
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#17
Posted 16 July 2022 - 12:42 PM
This count is plotted against a log scale since the subject is a ratio, i.e., it contains a multiplication (USD x 1/YEN).
#18
Posted 16 July 2022 - 12:55 PM
Not really - its actually a linear scale - wondering if anyone is paying attention...
#19
Posted 17 July 2022 - 10:59 AM
We need dollar back in 80's for things to cost less.
#20
Posted 17 July 2022 - 11:34 AM
Maybe a log plot is appropriate - aligning with the first step and pullback. But it yields a higher terminal count. Time will tell.