The Bank of Japan will hold a monetary policy meeting today and tomorrow, with results coming out on the 19th! Personally, I believe there is a very high probability of an interest rate hike, which is the core bearish factor suppressing risk assets recently! Last night, part of this was already digested, and with a wave of CPI at 9:30 tonight! The recent market will become very exciting!
Let’s talk about the core logic of two news items: Monetary Policy Meeting: In the past, many institutions "borrowed cheap yen to buy other assets with higher returns in dollars; now that Japan is raising interest rates, borrowing costs are rising, and the yen will appreciate, making this trade unprofitable — institutions will rush to sell off other assets and convert back to yen to repay loans!
CPI: This looks at whether prices are rising; low inflation = higher likelihood of the Federal Reserve cutting rates in January → the dollar becomes less valuable → funds will flow to buy other assets with higher returns; high inflation = the Federal Reserve may not cut rates → funds will be withdrawn from other assets to buy dollars!
If I must give operational advice, it would be four words: short on rallies~
Recently, Brother Yu made a little money outside of the market. There are still 2 months left until the end of the year. After that, he plans to give red envelopes for every profitable order, with a budget of around 10~ He will provide benefits to his brothers in the form of red envelopes or a lottery~ Can the brothers help Brother Yu's account return to its peak before the end of the year?
$XAN opened too many, want to hold a position, looking at this it seems there is volume coming in, the psychological expectation is at least a 30% increase before exiting.
$ETH Yesterday we shorted 3060 and 3090, it's a pity we didn't catch it, feeling a bit upset, making me quite angry today. Whenever I get angry, Yu Ge likes to short the small altcoins.
We found two soft targets again, H and POWER, once we shorted them, we started making profits. When the market is not moving, we also look for some small altcoins to trade, but we only play with small positions, and the win rate is pretty good.~
$POWER Entering, after reaching a new high there is a need for a pullback, after three consecutive 15-minute declines, looking for a rebound around 0.28-0.29, set a stop loss at the new high!
Today's market for Erbing is really too boring. I found a counterfeit password $NAORIS , with a daily arc bottom, and it directly pulled up 5 points in 10 minutes.