Search results

If shortages are in play... The Euro might hyperinflate depending on severity and length of the shortage... That would be big.

Watching prices move is a good starter. For 2 weeks or more. Write down what you observe. You'll be surprised, that after a while you can start to correctly guess some moves. From there on you will automatically develop a system. Risk management and also psychology / avoiding gambling mistakes...

Why not scale in aka average down?

You remind me of a user named NYSE stocks.... Same opinion, same attitude, nickname that would certainly fit him as well... Is it you?

Yes but I use this one: https://fred.stlouisfed.org/series/RRPONTSYD It's essentially bank deposits that got converted to treasuries, aka it is money that doesen't circulate.

It osn't the only tool the fed has... Repo rates.... That's where the tightening is happening really.

Every profitable trader who converts parts of their profits into investments will be a millionaire eventually, even if not by trading alone. Keep that in mind.

Yes Europe can diversify, but that means more inflation. Europe can't afford that.

You are right but there is no link between those 2 topics. But still, they are dependent on Russian commodities so yes, that's a joke too. The EU might go bankrupt on this or fall into hyperinflation.

To be fair international law is just hot air. Nato didn't do what they agreed to do in contracts, the US has started many wars that weren't justified by those laws and so on, Mastricht is a joke, so is everything the EU does in general. Nothing but hot air. If you'd be the one to play by the...

Wayne McDonells (FX boot camp) course and Indicators are the holy grail of pivots in forex. Also he's a great teacher in interpreting financial data releases. Hes a notorious liar and promotes to his student a bucket shop brokerage beeing the downside but his material really works. He teaches...

Hes a perma bear. His emotions can't be influenced by music as he is always aggressive and negative.

The one thing you achiev as a retailer that is/was profitable and not wealthy before trading is to not have a boss who tells you what to do while clsiming your achievements to be his. You're free. Something only entrepeneurs could claim but those have customers as bosses... You were free...

While not having an edge, wither simtrade until up to the challenge or convert to investing. Or both at the same time

I can say where orders are just by looking at charts. No order flow necessary. How about that.

:D

Never ending spam. Morgan and bots... The heck with ET

My hero. You did it again. Traded it just by seeing that support held correctly as well but didn't think of the pattern.

IMHO the difference is in forex you have to watch at least two economies at once (at least the important data) while in stocks one is enough. Support and resistance in stocks are more absolute, sometimes also small zones depending on volatility and liquidity while in forex S/R tend to be big...

I wonder why he even bothers to pay. What could his foreign creditors do about it if he doesen't? Invade Russia?