your #1 site for FREE swing & day trading content
|
|
|
Are we importing inflation?
Apr 16, 2008 - The USA CPI figures were not as high as projected going into the announcement, but the sting was in the tail. The Year on Year CPI rose to 4% from 2.6% and is likely to move higher next month.
Traders the comments
below are from SOLO in our live Training Room…
The USA CPI figures
were not as high as projected ( by Bloomberg ) going into the
announcement. But the sting was in the tail. The Year on Year CPI rose to
4% from 2.6% and is likely to move higher next month.
If you have a Balance
of Trade Deficit and a weak currency by definition you are importing
inflation. If the Chinese continue to revalue their currency
upwards ( against the
My understanding of
the G7 was that at some stage there will be a concerted effort to
TURN the $ around. The question for FX Traders is when?
1. European Interest
Rates will have to be at or below USA interest rates ( and today’s European
inflation figures make an ECB rate cut unlikely) - or else the market
will just arbitrage any intervention.
2. The Hedge Funds (and
Banks) will have to have their " wings clipped" so that they
cannot fight intervention in a meaningful way.
IT IS COMING - IT
ALWAYS HAS DONE !!
HOW CAN WE MAKE MONEY
OUT OF ALL THIS
In my opinion we are
going to see higher
1. The Treasury needs
money to fund the Budget Deficit.
2. The Banks need
money to get out of the FED'S grips.
3. Industry needs
money and is finding it increasing difficult to get it from Banks.
4. Mortgages need to
be refinanced.
Join me in my LIVE trading room for 2 weeks absolutely FREE... Trade What You See, Receive
a Free 20 Minute Consultation To take advantage of this opportunity, complete our online Traders Assessment by Clicking Here. Todd will then be in contact with you for your free consultation. Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
© Copyright 2008 by MrSwing.com |
|
