Powell says Fed will use its tools and act as appropriate to support economy | Crypto Craft

Powell says Fed will use its tools and act as appropriate to support economy | Crypto Craft

Powell says Fed will use its tools and act as appropriate to support economy

POWELL SAYS FED WILL USE ITS TOOLS AND ACT AS APPROPRIATE TO SUPPORT THE ECONOMY
— FxMacro (@fxmacro) February 28, 2020

Added at 11:32am

Statement from Federal Reserve Chair Jerome H. Powell

From federalreserve.gov

The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy.

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Feb 28, 2020 11:12pm

Quoting Not-KPMG

Disliked

{quote} Both stock market and gold are manipulated. It's obvious. Question is which is more manipulated, so it springs back up

Ignored

Bitcoin is the most manipulated asset ever.
It's obvious - if you're not chart-blind - that bitcoin doesn't respond at economic fundamentals nor at geopolitical risk.
So bitcoin is manipulated only by the money power of the crypto whales who owns it and promote it.
Whilst the equities are backed by the real economy, bitcoin is backed only by crooks, fools, wannabes, gamblers...

3

Feb 28, 2020 12:27pm

market makers in moving prices in the market are 80% against the order flow of the retail trader ,,,,, because the order flow from the retail trader is the easiest food to eat and only those who can see the order flow .... the same event will keep repeating as long as the forex market is still there .... the 80% forex market is a scam

3

Feb 28, 2020 11:58am

You misspelled "print tons of useless paper "

Fixed it 👏 👏

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Feb 28, 2020 11:46am

good and positive thing ... why is the market too reactive ... economy is strong ... but only prepare tools to anticipate if any effects from corona virus ... do you think only USA will be the effect ... not another country like EU, UK and other country will have a negative impact if covid-19 spreads to become a pandemic ... bulshit for market maker

2

Feb 28, 2020 11:51am

as long as I think those market makers are smart people ... the reality is stupid and silly people ... no more as prostitutes in the market

2

Feb 29, 2020 1:52am

Quoting Banditten

Disliked

Manipulated or not manipulated. 90% of all retailers think the market is manipulated because they loose money (: You have to think differently...
Blaaaa
ade,...

Ignored

Hi shumoo

If you're sooo smart and market is NOT manipulated....
...
... explain why 85-90% lose money???

Duuuhhh

1

Feb 28, 2020 3:50pm

Manipulated or not manipulated. 90% of all retailers think the market is manipulated because they loose money (: You have to think differently to make money in this place called the market.

When entered the world of daytrading and speculation (as opposed to investing) I had done my homework and "knew all about daytrading". All technical analysis etc was in place. Luckely for me I had a very very good mentor and had it nt been for him I would probably end up as a 99%'er. The first thing he taught me was that when you want to enter a trade, don't. Instead you look at the chart and determines where you would have your stoploss order. There you place your trade. The big money need liquidity and they know exactly where the retailerstops are because we all entered the tradingworld having read the same books about the same candlestick patterns etc.

1

Feb 29, 2020 1:06pm

Quoting Not-KPMG

Disliked

{quote} Both stock market and gold are manipulated. It's obvious.�� Question is which is more manipulated, so it springs back up and give profit. I'd buy more gold (risky yes) to hedge crazy banks PLUS virus�� Same pound. Dirty banksters ��...

Ignored

Bitcoin also manipulated. You have been seen admitting to this in earlier posts.
Only manipulated when bitcoin going down though you say.
Not when going up

.

Of course

1

Feb 28, 2020 11:45am

watch for a green close for us stocks....JPow got WS's back....

1

Feb 28, 2020 12:28pm

Quoting thaophamkt

Disliked

{quote} i think because of manipulation to cover usd short now

Ignored

BULLs*t reaction

1

Feb 28, 2020 11:41am

Rate cuts

1

Feb 28, 2020 12:25pm

Quoting thaophamkt

Disliked

time to buy x/usd right now?

Ignored

wait next week , look around 1550 in my humble opinion , it should go 1 more time to 1562 and quickly bounce ( stop hunt by the market to catch the liquidity )

1

Feb 28, 2020 12:21pm

Quoting g0ds0n

Disliked

Long precious metals - Short everything else.

Ignored

What????

Did you see crooks million making in Gold 👏 😂😂😨😨

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Feb 28, 2020 1:30pm

Quoting thaophamkt

Disliked

time to buy x/usd right now?

Ignored

Weekend...
Rate cut coming.

YES

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Feb 28, 2020 2:44pm

Quoting hesron

Disliked

the 80% forex market is a scam

Ignored

Did you ever run any other business besides forex? Because they are all the same...its not scam, its always about the "smart" taking money from the "dumb". Not in a bad sense, its just business, if you are trading or selling hotdogs on the street.

Feb 29, 2020 2:16am

Quoting OnlineAddict

Disliked

{quote} Did you ever run any other business besides forex?

Because they are all the same...its not scam, its always about the "smart" taking money from the "dumb". Not in a bad sense, its just business, if you are trading or selling hotdogs on the street.

Ignored

I agree.

Not smart and ignorant... impatient... will lose money.

Hold on.....

When 1.45???

Quoting OnlineAddict

Disliked

{quote} Yes, there will be 1.45,

I never said a 1500 pip move would come soon, I am not trading demo like you.

It may take months or a year, I don't really care,

I will keep buying the dips and...
Blaaaa...
Lies too..... +1:

Ignored

LOL

WHEN 1.45 ???

Great wise Onlinus Longus!!!

Feb 29, 2020 2:33pm

Main thing is to expect volatility and thus heavy on the risk management side. We are back to 2008 cycle where a government announcement can swing things in an instant. One's convictions can be tested daily and weekly. On a valuation basis the markets globally are pretty high priced. We were just waiting for a catalyst for this to happen.

The amount of money that has been printed and tossed out there since 2008 is simply nuts. Its all running around now which ought to be very good for currency traders who can play this volatility.

The question will be how long it will take for the emerging economies of China and India to kick back in to consumption phases. Or to an extent how will the US economy remain strong.

I expect huge swings in the pairs over the next few months. Or that is the plan in the trading. Will have to wait and observe.

Feb 28, 2020 11:38am

when you gona do that i will buy xd

now no thank you the phone you are trying to call is not reachable

thanks for new low next week 23500

Feb 28, 2020 11:46am

time to buy x/usd right now?

1

Feb 28, 2020 12:21pm

Quoting tupat

Disliked

I don't get it. Why USD became weak? It is a good news

Ignored

i think because of manipulation to cover usd short now

1

Feb 28, 2020 2:01pm

Quoting Not-KPMG

Disliked

{quote} Weekend... Rate cut coming. YES

Ignored

I already buy on 1570 wkwkwkkwk

1

Feb 28, 2020 12:22pm

Maybe rate cut next week.

😱😨😨😨
See:
The Fed doesn’t have a lot of ammunition to help markets and the economy, so it needs to act quickly in a coordinated fashion with other central banks like the European Central Bank, the Bank of England, the People’s Bank of China and the Bank of Japan.

Blaaaa.

Ohhhh I hold Bitcoin. 👍💰🐢🐢

And did you see the GOLD scam today 👏👏😨😨

1

Feb 28, 2020 2:10pm

Quoting diky

Disliked

{quote} I already buy on 1570 wkwkwkkwk

Ignored

Both stock market and gold are manipulated.
It's obvious.😭

Question is which is more manipulated, so it springs back up

and give profit.
I'd buy more gold (risky yes) to hedge crazy banks PLUS virus👍

Same pound. Dirty banksters 😲😲😂

1

Feb 29, 2020 1:53am

.... And stop lying 95..99% OK??

Feb 29, 2020 2:08am

The greatest crypto liar lecture traders ?
Pathetic KGumbo creature !

Feb 29, 2020 2:17am

If you follow this search you'll see 85 of my questions : when 1.45 ??

Onlinus rocks

https://www.cryptocraft.com/search.php?searchid=24346139

Feb 28, 2020 12:19pm

I don't get it. Why USD became weak? It is a good news

Feb 28, 2020 6:54pm

Very interesting guys!

. Monday the market gonna have a big move cause of China PMI. Trade save.

Trader#BD04

Feb 28, 2020 4:20pm

So, can Fed fix the suply chains? If not, economy will suffer. Chinese workers in quarantine do not go back to work with cuts in the fed funds.

1

Feb 28, 2020 11:39am

Booooooom to the down side

Feb 28, 2020 11:39am

So now we need more scary news and push dow bellow 24

Feb 28, 2020 11:44am

Buz not so much buyers in usdchf#coronavirus

Feb 28, 2020 12:05pm

Long precious metals - Short everything else.

1

Story Stats

Feb 28, 2020 11:31am
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Low Impact Breaking

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Linked events:

US Fed Announcement