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Turkishlira

Turkish Central Bank Raises Interest Rates To 24%Hello my dear Turkish lira traders & everyone else who's interested in the ongoing Turkish Lira crisis. Big news today: -The Turkish central bank sharply raises interest rates to 24 percent, stating that there was still an upside risk to the inflation outlook from what it called a deterioration in pricing behavior, despite weaker domestic demand conditions. Economists had calculcated only with 22 percent -Leading to that decision, Erdogan today critized the central bank again for its mismanagement of the crisis, in the end still stating that the central bank is independent => That's why, even though mainstream media is writing stuff like: 'Central Bank defies Erdogan', I don't buy this. I don't think the central bank would've done this without 'green light' by Erdogan -On other news: Erdogan has appointed himself chairman of the country’s sovereign wealth fund and completely changed its board, naming Finance Minister Berat Albayrak as his deputy, the country’s Official Gazette said on Wednesday. -In a decision announced earlier on Thursday, he ruled that property sales and rental agreements must be made in lira, putting an end to such deals in foreign currencies. This leads to much room for an equilibrium between the ranges of 6.8 and 5.68. Have fun watching! ;) If you had some value from my analysis, please like & subscribe, to stay up to date on the Turkish lira crisis! About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
by Edgy_
1
Lira on the way back to 7!Hello my dear Lira traders & interested people! ;) The lira sell-off continues guys. Fundamental news which affected the price: -Moodys downgraded 20 more Turkish banks -Berat Albayrak, finance minister, doesn't see Turkey in a crisis -The fall in Peso also intensified the selling, not just in Lira, but also in other emerging market currencies Have fun watching! ;) If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
by Edgy_
8
WHALE TRACKS !! A CASE STUDY. ISP is an Italian bank that has really taken a beating this year. Under all metrics it is a really weak institution. What I wish to demonstrate today is how whales operate and hopefully how to take advantage of it. Before I continue I'd Like to state two Axioms I take with me anytime I chart 1) A body in motion stays in motion unless an external force acts on it 2) Don't trade or look for the bottom , always wait for it and act on the weaker price action Ray Dalio put a huge net short position on this bank , before the Italian fixed crisis and the Turkish mayhem that had a bleed over on the whole of the EU. It is the actions of institutions that guide us , not our hypotheses. With that said are you willing to go long , short or wait? What are the positions in the market , who are in control of the market . Where and how does that change. Those are the questions that I ask price , and I use its answer to give me a position. HAPPY WEEKEND.
MIL:ISPEducation
by mberoakoko
Economic Warfare? Lira in 4H equilibriumHello my dear Lira traders! :) Fundamentals: The language between the US & Turkey is getting harsher. National security advisor John Bolton came out and said that Turkey is making a huge mistake by not releasing pastor Brunson. Ibrahim Kalin, spokesperson for president Erdogan, is now speaking of 'economic warfare' against a NATO ally. Technical Analysis: We're in an equilibrium between the ranges of 6 & 6.2. Should we break higher, we have 6.33 as the upper wick of the previous move to take out first. Have fun watching! ;) If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
by Edgy_
8
LIRA CONSOLIDATION -IMF HELP GETTING DISCUSSEDHello my dear USD/TRY traders, hope you're doing fine guys! ;) In today's video, we're gonna be looking at the fundamentals, and will analyse the pair in the end. Important was: -Trump is not backing -Also the FED is concerned about the rapid collapse of the Lira -Sigmar Gabrial (former German foreign minister) & Andrea Nahles (current chief of the German Social Democrats) are bringing economic help for Turkey to the table -Mesale Tolu, German-Turkish journalist, who was released from prison, may leave the country Have fun watching! ;) If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
by Edgy_
Lira takes a breather -equilibrium between $7 and $5.8 possibleHello my dear USD/TRY traders, hope you're doing fine guys! :) Since the last time we spoke, USD/TRY spiraled to 7 Dollars, which is seeing many traders jumping on the train. So obviously a correction here had to come and is very normal. We have retraced back to 5.68 with the wicks -and now we're gonna wait and see, what pattern we get at the top. Fundamental news that had an effect were: Qatar pledging help to Turkey The central bank/government curbing the possbility of banks to lend money tot short sellers from 50% to 25% Turkey responding with tarrifs to US consumer goods If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Analyses! About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
by Edgy_
USD/TRY Turkish Lira Aug 2018This will be my views of USD/TRY Aug 2018 Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by SonicDeejay
5