Japan would go bankrupt if the dollar keeps rising. So they have no option . Even China, India also do this to keep the currency from collapsing. The problem is not BOJ, or other countries , its the Fed who keeps raising interest rates and dollar gets stronger and all other currencies have to take a hit.
Japan is too scared to raise their rates, it's also their fault they are too scared that businesses will slow down but all businesses in different countries are slowing down today. Like seriously why tf their rates is at -0.10 when their inflation is 3.20%
It did😂, but overall people should have had their stop loss at 147.166 or 146.507 though it depends on their level of trading understanding or not enough capital (money). I was out the trade long ago at 149.000 and 149.430 in profits.
Use maximum leverage and have only as much money in the account as you need to open the trade and manage it. also use a broker who has negative balance protection I reset my account end of every week.
of course he doesn't answer, then he'd have to admit he was wrong and that's not a good look for someone such as him who's so assured of himself and wants to come across as knowledgeable
Japan would go bankrupt if the dollar keeps rising. So they have no option . Even China, India also do this to keep the currency from collapsing. The problem is not BOJ, or other countries , its the Fed who keeps raising interest rates and dollar gets stronger and all other currencies have to take a hit.
Unemployment forecasted to increase by some quite amount today, if this indeed true the feds would likely to cancel their rate hike
Japan is too scared to raise their rates, it's also their fault they are too scared that businesses will slow down but all businesses in different countries are slowing down today. Like seriously why tf their rates is at -0.10 when their inflation is 3.20%
is it still the case today?
I wonder how many traders got their account blown up yesterday. I don’t think a stop would trigger where it should with a candle like that 😮
It did😂, but overall people should have had their stop loss at 147.166 or 146.507 though it depends on their level of trading understanding or not enough capital (money). I was out the trade long ago at 149.000 and 149.430 in profits.
Use maximum leverage and have only as much money in the account as you need to open the trade and manage it. also use a broker who has negative balance protection
I reset my account end of every week.
After I did my analysis I see that market is in strong sell based on the adx. Just watch
Hey, Nick liked the UJ insert yesterday. It helped to understand the move. I also shared with fellow market Peeps here
I thought JGB buying would further depreciate the yen, what am I getting wrong?
of course he doesn't answer, then he'd have to admit he was wrong and that's not a good look for someone such as him who's so assured of himself and wants to come across as knowledgeable
I’m new to the channel.. I just have 1 question. Where can I go to read this type of news ?
NFP could spur profit taking across all asset classes. You can only see impact on bond yields and oil.
it will not go up, unless there will be a liquidity
Hey nick how can I get in contact with you ..
If you have questions or need help with something, please speak with my team here: a1trading.com/contact/
Thanks Nick.
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