2022/11/30 (121) Column

Guides To Self-Guides,
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!”

On my homepage you will also find numerous instructions for self-instruction, my lovely dear reader.
So that you can turn your thoroughly boring everyday life, on US WallStreet, on the financial market, especially while your trading derivatives (in the form of CFD`s), into an enjoyable, lifelong, successful adventure. And this is particularly clear in the area of information processing and/or transaction execution. In 22 exercises, you may not only learn to talk to yourself as a private market guy for the first time. May be much more what you can (or can`t) influence in a targeted and/or detailed manner on each trading day.

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

DXY Eases to Session Lows
On Prospect of Smaller Rate Hikes
The dollar index pulled back to session lows of 106.3 in a roller coaster session Wednesday, having risen above 107 earlier, after Fed Chair Powell confirmed smaller rate hikes could start already in December. The greenback turned positive earlier in the session after labour data was not enough to dash concerns about another 75 bps hike in December. Employment increased by 127,000 from October to November, the least since January 2021, and job openings declined to 10.3 million in October, suggesting demand for labor was cooling amid tight financial conditions.Gold Extends GainsCommodity
Gold extended gains to $1,757 an ounce on Wednesday, closing in on its highest level in two weeks on expectations of a smaller 50 bps hike by the Federal Reserve in December, after delivering four straight 75 basis point increases. It comes after Fed Chair Jerome Powell said on Wednesday in remarks prepared for the speech at the Brookings Institution that the Federal Reserve may scale back the pace of its interest rate hikes already in December. Gold is highly sensitive to the rates outlook as higher interest rates raise the opportunity cost of holding non-yielding bullion, denting its appeal.

FTSE 100 Approaches 7600
Posts Biggest Monthly Gain Since November 2020
Equities in London advanced for a second consecutive session on Wednesday, with the benchmark FTSE 100 closing near a six-month peak of around 7,600 points, helped by heavyweight materials and energy shares. All eyes are on Fed Chair Jerome Powell’s speech on the economic outlook and the labor market at a Brookings Institution event later in the day for clues about the next move in interest rates. On the corporate side, big miners Antofagasta and Anglo American were among the biggest gainers on the index, up roughly 4% each. Flutter Entertainment rose over 2% after JP Morgan raised the company’s price target. The export-oriented rallied 7% in November, posting a second consecutive monthly gain and the sharpest since November 2020.

European Stocks Close Higher on Wednesday
European equity markets rose on Wednesday, with the benchmark Stoxx 600 up 0.8% and the German DAX adding 0.3%. Oil and gas stocks advanced 1.5% and were among the best performers in the Old Continent, as crude prices extended gains for the third session. European miners gained about 1.4%, tracking higher metal prices and tech shares went up more than 1%, recovering from a 1.2% loss in the previous session. Automakers, which fell sharply at the start of the week due to Covid protests in China, continued their rebound and climbed 1.7%. Wednesday’s session was marked by the Euro Area CPI report, which showed inflation in the currency bloc slowed for the first time since June of 2021, providing hopes the ECB may deliver a smaller interest rate hike in December. On thecorporate front, Swedish fashion retailer H&M said it would cut some 1,500 jobs as part of its cost-cutting drive, while airline SAS reported a deeper Q4 loss than expected.

Russian Stocks Extend Losses
As EU Embargo Draws Closer And Closer
The ruble-based MOEX Russia index extended losses in the session to close 0.5% lower at 2,175 on Wednesday, fully erasing gains from the prior session as investors continued to monitor debates between EU ministers regarding the price ceiling on Russian for the use of European tankers and insurance services to Asia next week. Oil shares further underperformed the broader index as the lack of a deal would mean that European services will be halted completely with the start of the embargo. Investors also monitored Covid protests and the outlook for strict lockdowns in China for projections of energy demand in Russia’s top importer. Tatneft and Surgut both slipped 1% to be among the top losers in the session. In the meantime, Yandex closed below the flatline as investors continued to speculate on the company’s future as current restructuring measures draw it closer to the Russian government.

Brent Crude Extends Gains
Brent crude futures jumped more than 3% to fresh daily highs at around $85.60 per barrel on Wednesday, supported by a bigger-than-expected drop in US crude inventories, while investors kept an eye on the upcoming OPEC+ meeting. The latest EIA data showed that crude oil stockpiles dropped by about 12.6 million barrels in the week ended November 25, the most since the week ended June 21, 2019, and well above market expectations of a 2.758-million-barrel decline. Meanwhile, OPEC and its allies, including Russia, are expected to keep their output quotes unchanged at their next meeting on December 4. However, there has yet to be a consensus, with further production cuts still on the table. The international benchmark lost more than 8% in November amid persistent concerns about a potential global recession-driven demand downturn.

French Stocks Gain
French stocks were trading higher around the 6,710 level on Wednesday, with investors welcoming data showing inflation in the Euro Area eased more than expected in November. In France however, inflation hold steady at 1985-highs. Meanwhile, investors keenly await a speech from Fed Chair Powell for any signal on the size of next month’s rate hike. On the corporate front, Renault (4.17%), Alstom (2.32%) and Hermes (2.16%) were among the top performers.DEVISE 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.