legs can run down too...

waiting for any right shoulder and what games are up...

USD has been particularly strong recently. When the USD strengthens,... the JPY weakens badly,... I'm counting on this effect,... let's see,....

Let’s see whether this Thursday bond yields will spike again but JPY a lot of institutional are pricing at 111 to the dollar by May

If US bond yields spike
That means lesser is holding US bonds

So USD will devalue?

This post has been edited by xnxx: Mar 10 2021, 05:54 AM

yes... I said days to weeks... meant to get ready...

usd value based on feds printing speed...

usd demand / liquidity is the pricing

Not necessary true as depending who goes on spike the demands when the cost borrowing is higher

The key concern is the yield curve rising too fast hence the USD can fly higher with DXY hits even 94 if the 10uST goes up to 1.72

So we will see tomorrow yield action because it was tame rise yesterday

This is good news for me then,... tq bro,....

Sometimes, bro,... the correlation is not so direct and not so clear,... probably that's why we call this the mkt,....

Take for eg now,... House is destined to pass the 1.9T USD stimulus,... so, surely,... more printing will need to take place, BUT USD still keeps strengthening because of bond yields rising,...

And bond yileds are rising because investors, especially Japanese investors,... are disposing USD govt bonds,....

To make a long story short, I'm buying crypto proxies to hedge against the above uncertainties. I observed the performance of cryptos and the USD is diverging. Just like the performance of the tech stocks and cryptos. This observation was confirmed by Cathie's ark too,....

i've been charting dxy, the dollar index... the strengthening was expected, but i don't see it correlating to bonds... not that i'm smart enough to see

the US is out of control with their printers...so yeah its best to hedge if you have sizable holdings... but crypto historically has no direct links to usd... just that elon musk, cathie wood, et. al., are changing the game...

what crypto proxies are you looking at?

Your positions is so strong that even downside won’t even hurt you as already to make profit it is just how much bigger

Anyone here having problem on accessing ICmarkets website,?

https://www.icmarkets.com/

It's not reachable

Seems like malaysia cannot access. need to use vpn

use phone

This post has been edited by personaforever6789: Sep 8 2023, 01:19 PM

Last month can't access for a week without dns change, now digi can acess no prob.

Not just ic markets
FBS too


This post has been edited by xnxx: Mar 11 2021, 03:19 PM

Would like to ask all traders here, which forex broker to use to do trading?

Best if can fulfill requirements as below:
1. Lowest transaction fee or spread
2. Easy deposit and withdrawal without fees or minimal fees

thanks

octafx

This post has been edited by personaforever6789: Sep 8 2023, 01:18 PM

Axi or Pepperstone
Now trade mainly in Pepperstone because they assign a dedicated account manager who you can contact via WhatsApp

Tickmill have online banking withdrawal? Fast processing?

This post has been edited by cmk96: Mar 12 2021, 06:22 PM