2022/12/18 (128) Column
The Way Is The Goal:
With A Time Frame, A Trading Frame & A Tablet
Thanks To Your Trading Framework, You`re Focussing On The Basics
The Chinese philosopher Laotse already knew that 600 years before Christ: “The way is the goal”.
A good plan always includes a good goal. Just even like and/or a good goal always includes a good plan.
Because in order to achieve a certain goal, the process you use and the effort you put in to achieve it have value in and of themselves. And not just the actual achievement of the goal itself; being on the move is at least as important as arriving, the attempt is at least as instructive. What you – both in failure and success – mostly only in retrospect, from case to case, (not) realized.
Imagine you want to earn money on US Wall Street, on the financial market, especially with derivatives (with trading CFD`s). You are reading one of my DEVISE 2 DAY Editions without having known beforehand whether you will after implement a transaction – or whether you will not. However, it doesn’t matter. Although your goal is to want to earn money on the financial market, you currently do not (yet) know whether you should buy/sell something. And so you notice while reading, analyzing and evaluating my Central Bank 4XsetUps that you have not perceived US monetary policy in this way until now. About the Economic 4XsetUps you disagree with my opinion. And that the Financial Market 4XSetUps make your mouth water, let you smile. While in the Scenario 4XSetUps you just nod your head in the affirmative. Last but not least, you have taken a liking to my Technical Analysis 4XSetups; and you read it through several times. On the second reading you analyze my analysis – and form your own opinion, in the form of self-talk, in your own imaginary thought cloud. And on the third reading, you even rate my technical price marks – and ask yourself whether you shouldn’t implement another transaction today after all. You read, analyze and/or evaluate other technical analyses, from diverse other financial market participants, unknown to me, about the share, of my Technical Analysis 4XSetUps, in order to be completely sure of your own opinion. And as you made decission, you buy/sell or not trade!
Because, the way is the goal! Roger that?
“The way is the goal”, like Laotse said:
a) thanks to your time frame, you keep your head in order
b) thanks to your trading framework, you concentrate on the basics
c) thanks to your tablet you navigate through information like a pro
It doesn’t matter if you buy something. Or sell something. After reading, analyzing and/or evaluating any stock after reading my DEVISE 2 DAY Edition, or if you don’t trade anything. The way is the goal. Because when you read, analyze and evaluate, even this current DEVISE 2 DAY Edition, after reading, analyzing and evaluating, you will certainly not become any more stupid. So read my DEVISE 2 DAY daily; day by day. According to David Hume: “Habit is the great guide in human life”. And that just with the help of a time frame, a trading frame,and/or a tablet. So that from now on you too can learn to organize your life humanely. In order to organize yourself on the US Wall Street, on the financial market, especially in the form of derivatives trading (with the help of CFD`s), on such a high and broad, fast and concrete level that your important fellow human beings (such as wife, children, grandchildren and other friends and acquaintances) do not miss out.
To be a professional in any activity means to know at any time and any place what you are thinking, what you are doing and or what you are acting. Analog transferred to our CFD trading, this means building an information network. So that you know what you can read, analyze and evaluate whatever wherever you want. If you want to trade a certain currency, government bond, commodity, stock index, as well as stocks. And that you can get with the »Trading Framework«. What? Don’t you think that’s a reasonably useful idea? And that even though you have another main job during the day to finance your livelihood? Visit my homepage! And you may become a market guy at a better level in as little as a week, possibly a month, and/or certainly a quarter! What you don’t believe me again? Try it to prove yourself! I worded it for you…
DEVISE 2 DAY 48h
– My Last Thoughts Abot Market Price Actions
It will be a busy week about the proce action in the financial markets in the usa with the most important releases about the us economy incl. PCE, personal income and spending, CB, and the University of Michigan’s consumer sentiment and durable goods orders. Elsewhere, Japan and Canada will release inflation data and the Bank of Japan will hold a monetary policy meeting. Also, investors will follow German’s Ifo Business Climate, and consumer confidence readings from Euro Area and UK, and Germany.
All the latest new information about the US economy is also available here in the Economic 4XSetUps. There are also Financial Markets 4XSetUps available again this week. And that with the helpof numerous technical analyses, chart formations and/or technical indicators from up to 18 different bull/bear pov`s (point of views). This week you can get an overview about 5 shares from our german DAX40 Index for the next 14 trading weeks. The XETR-HNR1, XETR-ENR, XETR-IFX, XETR-LIN, and/or XETR-MBG.
But the most important thing this week for us, for you, my readers, should be keeping to hold the stop prices in our three open 4XSetUp trading capabilities, this week. 32789 points in our CBOT_MINI-YM1! long 4XSetUp. 1.20 GBPUSD in our GBPUSD long 4XSetUp. And/Or 80 USD in our UKOIL long 4XSetUp. More about it in the different daily technical anaylsis 4XSetUps; with a better overview & more details.
DEVISE 2 DAY Another 48h
– Some Last News About Market Price Actions
US Stocks Fall for 2nd Week
US equities closed lower on Friday, notching a second consecutive week of losses as fears mounted that aggressive rate hikes by the Federal Reserve could tip the world’s largest economy into a recession. The Dow was down 282 points while the S&P 500 fell 1.1% and Nasdaq Composite shed almost 1%. For the week, all three major US stock indexes were down over 1%. Stocks have been under heavy pressure since Wednesday after the Federal Reserve reaffirmed its commitment to raise interest rates further and keep them higher for longer. Adding to the gloomy outlook was a sharper-than-expected decline in business activity in December as new orders sank to the lowest level in just over 2-1/2 years. On the positive side, Facebook parent Meta Platforms jumped more than 4% after J.P. Morgan upgraded the stock to “overweight” from “neutral.”
FTSE 100 Extends Losses, Posts Second Weekly Decline
Equities in London dropped for a third consecutive session on Friday, with the blue-chip FTSE 100 finishing around 7,330 points, dragged by real estate and utility stocks. Sentiment remained dominated by worries about the impact of more interest rate hikesto tame stubbornly high inflation on the growth momentum. The Bank of England on Thursday raised interest rates by 50 basis points and indicated that the tightening cycle is far from done. Investors also reacted to a slew of UK economic reports, including weak business activity and retail sales data, which added to concerns that the country is heading for a deep recession. Unite Group and Ocado Group were among the biggest laggards on the index, down almost 5% each. The FTSE 100 fell roughly 2% this week, posting a second consecutive weekly decline.
European Stocks Post Another Weekly Loss
European equities lost further ground on Friday, with the pan-European STOXX 600 finishing below 430 points, dragged by real estate stocks, with investors fretting about the global economy’s health as central banks worldwide moved aggressively to rein on inflation. The European Central Bank on Thursday raised interest rates by 50 basis points and signaled more hikes to bring inflation down to sustainable levels. This rate increase followed a similar move by the Federal Reserve, which raised its benchmark interest rate to the highest level in 15 years on Wednesday. On top of that, weak PMI data for the eurozone added to worries about a sharp recession in 2023. Domestically, the benchmark DAX 40 fell roughly 0.8% to around 13,880 points, also dragged by real estate stocks. This week, the STOXX 600 and the DAX 40 lost 3.3% and 3.5%, respectively, recording a second and third consecutive weekly decline.
Russian Stocks Pare Losses to Close Marginally Higher
The ruble-based MOEX Russia index pared earlier losses to close slightly higher at 2,130 on Friday, supported by a 1.3% jump for Lukoil and 1% advance for Rosneft ahead of the former’s ex-dividend date next week, while investors shook-off warnings form CBR Head Nabiullina after the central bank’s policy decision. The Central Bank of Russia held its key rate unchanged at 7.5%, as previously signaled. The bank stated that pro-inflationary risks are prevailing as the military mobilization hampered the labor force and hurt capacity, reducing the likelihood of future rate cuts. Inflation is also supported by unfavorable terms of trade brought by Western sanctions on Russian oil exports, pressuring the ruble. Oil companies enjoyed some respite and averaged gains for the first session in eight. Still, the extended losses for oil producers since the start of the EU’s embargo and the G7’s price cap pressured the MOEX index to close the week more than 2% lower.DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right
The most important thing this week for us, for you, my readers, should be keeping to hold the stop prices in our three open 4XSetUp trading capabilities, this week. 32789 points in our CBOT_MINI-YM1! long 4XSetUp trading capability. 1.20 GBPUSD in our GBPUSD long 4XSetUp trading capability. And/Or 80 USD in our UKOIL long 4XSetUp trading capability.
While I was right this year 2022 in expecting the monetary policies of the most inflienece central banks, like the FED (Federal Reserve Bank), BoE (Bank of England), and/or even ECB (European Central Bank) too, as you know, my readers, if you remember all my previous DEVISE 2 DAY Editions. But about the reaction of the financial market – last weeks – o was not right. Especially about the majority of other investors, traders and/or observers as far about the us stock market in New York and/or us yield curve in Chicago. Sure, the Fed rate hikes are getting shorter and lower to avoid a recession. And is not outspoken thinkingthat the most is done about to fight the us inflation. And that`s why I’m still assuming, this week, that we will not fall onto a recession, like i was afraid, this summer 2022. After all, we have not even yet experienced a quarter with a minus year-over-year. But the financial market appears to be fearing this imminent fear, judging by peers on the radio, on the air, on TV, and/or in the internet. So that WallStreet has been under pressure for days. Also our Dow Jones – and especially the NASDAQ. It is therefore important to stick to the stop prices to secure at least our profits. So that in the coming weeks, when the prices turn back in the previously expected direction, we will (not) formulate a new 4XSetUp…
good morning, good day, and/or good night
at whatever time, wherever you are !
right here right now :