ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
does anyone else find it ludicrous that the ECB and BOJ have policies of NEGATIVE interest rates along with QE in a time where there isn't a crisis?!
i trade the markets by price action, but speaking fundamentally, this period of manipulation by the central banks is unnatural and no good can come of it in the long term
i trade the markets by price action, but speaking fundamentally, this period of manipulation by the central banks is unnatural and no good can come of it in the long term
Manufacturing recession for starters, check out Baltic Dry Index. Main press will not present matters as they are.
Does that warrant QE and ZIRP? Major banks aren't failing last I checked, the market is near ATH, and GDP is beating expectations. Some sectors aren't doing well, but the overall economy is doing ok.
What happens when a crisis hits with negative interest rates and QE pumping? What are they going to do?! Or do they think they can eliminate the recession part of the economic cycle?
I don't buy the 'all fine' statement. Their actions suggest the opposite. No pain, no paracetamol needed.
Are we going down due to TL break?
looks are deceiving, that's why you need solid money management skills.
market makers have a ton of inventory.. they are desperately trying not to liquidate inventory at a loss, since its zero sum, only thing they can do is hope to redistribute in consolidation zone, or continue to hit stops above. Counter parties to market makers inventory are less solvent, so all they have to do is move price beyond solvency point on a temporal basis to hit counter party stops to force counter party to buy garbage up above.
