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1. The way is invisible, and the sea of learning is endless. This is my consistent investment philosophy. I think that when I was doing futures, I was able to survive in this market at the beginning. I think "patience" is the most important thing. 2. I personally understand that how to cultivate oneself and seek is the basic quality that an investment master should have. For all stop-loss orders, if they are not balanced, there is a 98% probability that losses will turn into profits in the next two weeks. For all stop-profit orders, if they are not balanced, there is a 91% probability that greater profits will be achieved in the next two weeks. 3. First, it is wrong for ordinary people to enter this market. Second, frequent trading basically sentences you to death, unless you are a genius high-frequency trader. Third, dont expect that you can win in short-term trading of selling high and buying low, and dont rely on intuition to speculate in futures. Fear is the most direct cause of loss. Fourth, if you want to make a profit, you can wait patiently for the opportunity, throw it in, dont stop profit and stop loss, hold it for a long time, let the profit run or burst. 4. The core of high-frequency trading is not to predict, respond to market changes at the first time, and use the instantaneous inertia of the market in seconds to make profits, so I personally think that long-term prediction ability and instant response ability are the core abilities of investment. 5. To make good investments, you should first have a strong interest in investing and be able to work very hard. Second, you should have lofty ideals to provide energy for endless efforts. Third, follow the path of life and be kind-hearted to get help from heaven and masters. 6. I set two risk control lines for any investment. In the past four years, the maximum drawdown has never exceeded 40%, while many masters in the market often draw down to more than 50%.A UBS (UBS.N) spokesman said that less than 50 jobs will be cut in France during the restructuring, and France remains a strategic growth market.Market news: German lawmakers will vote again on Tuesday to decide whether Merz will be elected chancellor.Indian officials say trade talks with the United States are going very well.S&P 500 futures and Nasdaq 100 futures extended losses, hitting session lows.

Despite better-than-expected monthly Retail Sales figures, AUD/USD is expected to continue its fall

Daniel Rogers

Sep 28, 2022 14:50

截屏2022-09-28 上午10.04.03.png 

 

The AUD/USD pair is expected to fall to about 0.6400 despite the release of weaker-than-expected monthly Retail Sales data. In spite of exceeding predictions of 0.4%, the 0.6% reading for GDP was still below the 1.3% seen in the prior period.

 

The Reserve Bank of Australia (RBA) will be encouraged by growing Retail Sales data when inflationary pressures are high and the bank is routinely tightening monetary policy to combat rising prices. That the RBA has already raised the Official Cash Rate (OCR) by 2.35 percentage points should not be lost on investors. For the fourth time this month, the RBA has raised the OCR by 50 basis points.

 

Currently, the US dollar index (DXY) is soaring after upbeat Consumer Confidence numbers were released. U.S. Conference Board stated the index of consumer sentiment rose to 108.0 from 103.6 in their prior survey. Increased optimism among American consumers is good news for the Federal Reserve (Fed) since it suggests robust demand from households. That's good news because it means the Fed can go ahead and pronounce further rate hikes.

 

Future attention will be fixed on Fed head Jerome Powell's public comments. It is expected that Fed policymakers will lay out the likely monetary policy actions that will be taken by the Fed in the first week of November and the middle of December. Seeing as inflationary pressures have not responded to the Fed's current rate of interest rate hikes, Powell will take a "hawkish" stance.


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