2022/12/12 (124) Column

Because We All Market Particpants Are Free Humans,
That`s Why 4XSetUps Daily


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!”

To perceive yourself as a free market guy, to see yourself as a god-given child of your parents, who basically always determines your own thoughts, as well as words, as well as actions. Also on us wallstreet, on the financial market, especially in derivatives trading (in the form of CFD`s), in information processing and/or  transaction execution, is the benevolently formulated result of my education. What does not guarantee you any profits on us wallstreet, on the financial market, especially when you trading derivatives (even CFD`s). But certainly, more or less, the probability of making better trading decisions (buy/sell or do nothing) increases.

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 Abot Market Price Actions

It`s a more as usual average busy week in the united states with the Fed Interest rate decision on wednesday and/or the inflation report on tuesday. Also, the Bank of England, the European Central Bank, the SwissNational Bank, and the Bank of Mexico will hold monetary policy meetings all on thursday. And/Or the UK will release inflation data, on wednesday also. Investors will also follow ZEW Economic Sentiment for Germany, on Tuesday. And much more retail sales and industrial production for China, on thursday. And on froday, finally, flash PMI readings will be released for major developed economies including the US, UK, Euro Area, and/or Australia.

United Kingdom GDP Growth Better As Excepted
Last Month And/Or Last Three-Months On Average,
While Industrial Production Still Decreasing With 2.4%
The British economy expanded 0.5% in October from September of 2022, the biggest increase in nearly a year and above forecasts of 0.4%. It follows a 0.6% contraction in September, when an additional bank holiday for the funeral of Queen Elizabeth lowered the output. The British economy shrank 0.3% in the three months to October of 2022, the biggest drop since early 2021, but slightly less than market forecasts of a 0.4% fall. While Industrial Production in the United Kingdom decreased 2.40 percent in October of 2022 over the same month in the previous year. We stay long in the GBPUSD pair, with our 4xSetUp trading capability. And that’s because of the central bank meeting of the Bank of England on Thursday and or also the inflation figures on Wednesday. Because I still don’t think that inflation will increase, let alone that interest rates in the US will continue to be higher and faster than in the UK in the future. Therefore, we can, in all modesty, continue to expect higher prices if the 1.20 GBPUSD holds this week.

Bank Of Canada Govern Macklem Spoke Today
The Bank of Canada raised the target for its overnight rate by 50bps to 4.25% in its last meeting of 2022, in line with market expectations, and pushing borrowing costs to the highest since 2008. Policymakers added they are also continuing their policy of quantitative tightening. Policymakers noted that economic growth remains strong although it is expected to stall through the end of this year and the first half of 2023. Also, the labour market remains tight while inflation is still too high and short-term inflation expectations remain elevated. Looking ahead, the central bank will be considering whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target, in a sign the tightening campaign could be near an end. The central bank has raised rates at a record pace of 4% since March.

India`s Inflation And/Or Industrial Priction Comes Down
India’s annual retail price inflation eased to 5.88% in November of 2022, the lowest reading since December last year, well belowmarket forecasts of 6.4% and compared with 6.77% in October. While India’s industrial production shrank 4.0 percent from a year earlier in October 2022, the steepest pace of contraction since August 2020 and well below market consensus of a 0.3 percent growth.
DEVISE 2 DAY Another 48h
– Some Last News About Market Price Actions

US Stocks Start The Week Higher
The Dow Jones climbed over 500 points to close at 34005 on Monday, while the S&P 500 and Nasdaq Composite rose by 1.4% and 1.3%, respectively, as investors welcomed positive data regarding the US inflation outlook. A New York Federal Reserve report for November showed that respondents see one-year inflation running at a 5.2% pace, the lowest since August of 2021. Still, volatility is expected to remain elevated ahead of the crucial US CPI report due on Tuesday, which is expected to show prices, while still high, are continuing to decelerate. In the meantime, the Fed is seen hiking rates by 50 basis points on Wednesday, following four consecutive 75 bps hikes.

FTSE 100 Ends Below 7,450
Equities in London struggled to find traction on Monday, with the benchmark FTSE 100 finishing below the 7,450 mark, dragged by losses among materials and real estate stocks. Sentiment remained clouded by fears that central banks would need to stay aggressive for longer to rein on inflation, thus dragging economies into a recession. The Federal Reserve, the European Central Bank, and the Bank of England are due to decide on monetary policy this week.

European Bourses Struggle For Traction
Equities in Europe ended Monday’s session on a sour note, with the regional STOXX 600 closing down 0.4% at around 435 points, dragged by materials stocks, as investors remain cautious amid lingering concerns over a recession and rising interest rates and inflation. The European Central Bank is set to hike its deposit rate by50 bps to 2% despite the ongoing recession risks and expectations that inflation is peaking. The FED and BOE are also expected to increase borrowing costs this week.

Madrid Stocks End Lower
The IBEX 35 index was down about 0.4% to close at 8,259 on Monday, in line with regional peers, amid general caution ahead of the release of US inflation figures on Tuesday, which is likely to influence the Fed’s interest rate hike trajectory over the coming months. Traders also remained focused on policy decisions from the Federal Reserve and the European Central Bank later this week. Several sectors closed in the red, led by a nearly 7% slump in shares of PharmaMar on rumors that the stock could leave the Ibex 35, being replaced by Logista. It was followed by Melia Hotels, down 5.2%, after Jefferies downgraded the company to “hold” from “buy” and cut its target price to 4.70 euros from 9 euros.

Italian Stocks Outperform on Monday
The FTSE MIB index closed marginally above the flatline at 24,300 on Monday, outperforming other European equities as gains for Milan’s heavyweight financial sector offset losses for tech and the auto industry. Investors also treaded carefully ahead of monetary policy decisions by the European Central Bank, the Federal Reserve, and the Bank of England this week. Major lender UniCredit added 1.4% to lead the gains for banks, supported by expectations that the ECB will raise interest rates by half a percentage point on Thursday. As major BTP holders, the Italian financial sector was also supported by the ECB’s TPI, set to cushion credit risk for bonds even as the central bank flags tighter policy. On the other hand, the outlook of higher borrowing costs pressured policy-sensitive sectors with Pirelli dropping 2% and STMicroelectronics retreating more than 1%.

French Stocks End on Weak Note
The CAC 40 index was down about 0.4% to close at 6,651 on Monday, in line with its European peers. Investors focused on US CPI figures due on Tuesday while also awaiting key monetary policy decisions from the European Central Bank, US Federal Reserve and Bank of England later this week. Investors are looking for any indications of when interest rates will peak and how long it will take to get there, while being aware that major central banks will have to maintain a restrictive policy in the face of inflation that remains stubbornly high, despite the risks of a recession. Among single stocks, Unibail-Rodamco (-3.2%), Veolia Environment (-1.9%) and Carrefour (-1.9%) posted the biggest losses, while Dassault Systemes (+1.8%) and Thales (+1.3%) were the top performers.DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right

Our short UKOIL trading capability since 95$ under 100$ is still volatile and/or fast as excepted in the money. Above 5$ up and/or down a week seems like to get normal. That`s why we`re attracting our expected proft this week, bwith the help of an higher stop proce. We hedge our profits in the UKOIL at least at 80$. An handful of dollars around our $70 target, so let`s take a quick look in the rearview mirror and set the stop prive at $80. So that we will have at least 15$ safe of this short 4XSetUp in our trading account. However, I no longer assume that we will trade UKOIL above 80$ again, let alone 90$, yes 100$. On the contrary! And that´s why I’m lowering the target price to 50$ by the end of 2023. As I assume that in our so-called West, in 2023, inflation will also come down. And the price of oil will also come down ambivalently. And that regardless of the economic situation and/or demand from China. Because, from this weeical point of view I don`t expect any further and worser escalation in Eastern Ukraine either, so that the 90$, even 100$ and higher, which we traded in early 2022, hopefully in retrospect was an historical standard deviation; just an extraordinary bad mad scenario of all involved actors. Just only a cruel and/or unnecessary war.

In our long CBOT_MINI-YM1 4XSetUps we reaised our stop price, some weeks before, also! 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 this year 2022. More about both 4XSetUp trading capabilities and/or our long GBPUSD 4XSetUp like always in the Technical Analysis 4XSetUps, in every daily D2D Edition. Also in today’s, from page 51…