2022/11/29 (120) Column

Time Frame & Trading Frame,
That`s Why I`m A Competent (Market Guy) Personality


On my homepage you can get very concrete help for self-help in relation to your own competence (time frame & trading framework) and/or own personality (instructions for self-instruction). And that not in the form of specific strategies & tactics that will guarantee you wins. No! Rather, we market guys increase our conditional probability of learning to organize a profit for ourselves with the help of CFD`s, due to certain thoughts, due to certain words spoken, and or also due to certain actions. So that after reading every DEVISE 2 DAY Edition – including this current one – with all modesty, we can confidently say to ourselves, to other people, and/or to the world: “I am right here right now, meanwhile truly a competent (market guy) personality! I now know how and what I trade (buy/sell or do nothing) on us wallstreet, on the financial market, while my cfd derivate trading (information processing and transaction execution) on each trading day. Even if I I can only take 1 hour on weekdays. Because I have a main job every trading day!”

Your activity on the us wallstreet, on the financial markets, even with cfd derivates, itself can basically be classified into two operational activities: information processing and/or transaction execution, if you want. However, before I came to this sterile and/or sober self-knowledge, I not only read a lot of books but also had countless positive and/or negative experiences. That`s why I hope I`m formulating all my words so dataily and clearly, that you can gain knowledge from every DEVISE 2 DAY Affiliate Financial Market Online Newspaper Edition too. And you can’t wait to read this DEVISE 2 DAY Edition from this start to the end.

That`s It. The way and the goal; the goal and the way; of my info service! Everything else on my homepage…
DEVISE 2 DAY 48h
– My Last Thoughts About Market Price Actions

This week, FED Chairman Powell has a much-anticipated speech, on Wednesday. In contrast to most of my foreign esteemed colleagues, I am pretty positive about the FED, in relation to their monetary policy – in their fight to bring the us inflation down. However, I expect to be confirmed with our long 4XSetUp in the DowFuture. Nevertheless tighten the stop price. Because if you read my DEVISE 2 DAY Financial Market Online Newspaper regularly, then you know that I assume that the financial market price is always wrong. Either overvalued or undervalued – and/or in relation to the us monetary policy has gone too far forward and/or is may be also lagging behind. That`s why tighten the stop price up to 32.800 points in the YM1!-CBOT_MINI. And read, analyze, and evaluate the FED speech. And rather take into account the reaction of all others too. But more on that next week. So, let the market price action happens at first, this week– incluisve around the important us unemployment numbers on friday. So that I can think about new old thoughts at the weekend – and (not) readjust our YM1!-CBOT_MINI 4XSetUp next week.
DEVISE 2 DAY 48h
– Some Last Market Price Actions News

Brent Crude Hovers Near $84
Brent crude futures were trading around $84 per barrel on Tuesday, down from a session peak of almost $86, as investors weighed hopes that China would soon relax some of its covid restrictions against signs that OPEC+ could keep its output levels unchanged at its next meeting. China’s national health authority said it would bolster vaccination among its senior citizens and avoid severe restrictions, fueling speculation that the world’s top crude consumer is bending to pressure for a swifter reopening while offering a better outlook for demand. Keeping a lid on prices were reports that OPEC and its allies, including Russia, would not adjust their output quotes at their next meeting on December 4th, a move seen bearish for markets given the deteriorating outlook for global demand. Last month, the cartel announced a 2 million barrel-a-day output reduction.

European Stocks Fail to Hold Gains
European equity markets failed to hold earlier gains and closed marginally lower on Tuesday, with the benchmark Stoxx 600 down 0.1% as losses across tech and consumer stocks more than offset gains in miners and oil companies. Domestically, the German DAX fell 0.2%, extending a 1.1% loss in the previous session, with shares of Aroundtown Property sliding more than 7% after the real estate company announced earnings in line with expectations for the first nine months of 2022. On the macro front, preliminary inflation figures showed consumer prices fell more than expected from the previous month in November. Also, inflation in Spain eased for the fourth consecutive month in November. Other data showed economic sentiment in the Eurozone improved for the first time since February on the back of a rebound in consumer confidence.

FTSE 100 Ends Above 7,500
London equities outperformed their European peers on Tuesday, with the blue-chip FTSE 100 finishing above the 7,500 mark for the first time since late August, driven by gains in the heavyweight materials and energy sectors. The export-oriented index tracked soaring commodity prices as China’s national health authority said it would bolster vaccination among its senior citizens and avoid severe restrictions, fueling speculation that Beijing is bending to pressure for a swifter reopening. On the corporate side, HSBC Holdings jumped almost 5% to lead the FTSE 100, while Asia-focused Prudential and Standard Chartered were among the biggest gainers, up more than 4% each.

Stocks in Turkey Hit All-time High
BIST 100 increased to an all-time high of 4971

Stocks in Argentina Hit All-time High
Merval increased to an all-time high of 164947

Brazilian Stocks Halt 2-Day Decline
Brazil’s Ibovespa index surged nearly 2.5% towards the 111,500 level on Tuesday, after two straight sessions oflosses, mainly pushed up by resource-linked companies such as heavyweight Vale, Petrobras and steel companies. Market sentiment was mainly boosted by expectations of reopening in China following massive protests against strict anti-virus measures over the weekend. Domestically, a controversial proposal to make room for more spending in the 2023 budget under Brazil’s President-elect Luiz Inacio Lula da Silva was formally presented to Congress on Monday. Brazilian Senator Marcelo Castro, the point man for next year’s budget, said that he filed a constitutional amendment backed by Lula to exempt the “Bolsa Familia” welfare program from a constitutional spending cap for four years starting in 2023. On the data front, Brazil’s economy added jobs for the tenth consecutive month in October, although below market estimates.

Canadian Dollar Remains Under Pressure
The Canadian dollar weakened further towards the $1.36 mark, a level not seen since early November, as investors continued to assess the growth and monetary policy outlook. The latest data showed that the Canadian economy grew an annualized 2.9% in the third quarter of 2022, beating expectations for a modest 1.5%, but still the weakest reading since the second quarter of 2021. On the monetary policy side, the Bank of Canada surprised markets in October by slowing the pace of interest-rate hikes as the economy showed signs of a sharp slowdown. Money markets now expect the central bank to raise interest rates by 25 basis points in December.

Euro at $1.04, on Track for Big Monthly Gain
The Euro traded around $1.04, close to levels not seen in near five months and is on track to end the November month near 5% higher, benefitting from a weaker dollar and falling US Treasury yields, as investors continue to bet the Fed will deliver a smaller 50bps rate increase next month, despite hawkish remarks from several officials. In Europe, the ECB remains committed to raise interest rates to dampen high inflation, and doubts persist whether the central bank will raise key borrowing costs by a 75bps for a third time when it meets next month while the peak rate is generally seen by investors around 3%. President Lagarde recently told the European Parliament that Euro zone inflation has not peaked and it risks turning out even higher than currently expected. Inflation rate in Germany slowed to 10% in November from 10.4% in October but remained close to high levels not seen since the reunification. In Spain, fresh figures also pointed to a 4th month of slowing price pressures.

EU Carbon Permits Hits 4-week High
EU Carbon Permits increased to 4-week high of 79.82 EURDEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right

Our long DXY trading capability since 96 points with a stop price by 110 points breaked last two weeks before. So it will be exciting and/or much more thrill still to watch the DXY this week. Because, if the DXY comes back above 110 points, i will rewrite our long DXY trading capability. But let me stay honest – like last both week; i don`t belive in it anymore. I`m much more afraid that we`ll see 100 points, may be lower, faster and/or volatiler as i, as you, as the most of us probably, could imagine. However short UKOIL trading capability since 95$ under 100$ ist still volatile in the money. 10$ up and/or down a week seems like to get normal. And/Or our long 4XSetUps in the Dow Futire – even CBOT_MINI-YM1! since 30.565 points – above 30.000 points, is in the money too. Like our long 4XSetUp in the GBPUSD cross-pair also; we`re we on since 1.1278 GBPUSD above 1.0924 GBPUSD. For our long 4XSetUps in the Dow Future I have the stop price in CBOT_MINI-YM1! Raised last week before. In fact, at the level of the trading day, in October 2022, when the inflationrate numbers for September 2022 was released. Because on this trading day CBOT_MINI-YM1! crashed by down to 1000 points. So at price actions above 32780 points we can now speak of a completed short-term technical formation and can argue as bulls with a technical bullish picture at least. And that’s the main thing to watch until the end of thos year 2022. So, just let profits run over it – and realize profits below 32780 points at the latest. So that, with a little bit luck, we`ll still trading above 32780 into year 2023? That`s our hope, for the rest of this year 2023…

In the US, the labor report will take the central stage thos week – in context about new numbers from the usa – 2nd estimate of GDP growth, ISM manufacturing PMI, CB consumer confidence, and personal income and spending. Also, attention will be given to inflation rate releases for Euro Area, Germany, France, Italy, Spain. Finally, GDP growth rates for Q3 will be published for Canada, Turkey, India, Brazil, and Switzerland, and PMIs for China, Canada, India, South Korea, and Australia.