EUR/USD & GBP/USD & AUD/USD Forex Trading
- Thread starter increasenow
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Interesting clip. Since the world moved to debt-based economics, central banks have no choice but to reflate or die. A revisiting of the Great Depression would wipe out the entire financial system and erase mountains of private equity.
Thing is, that Great Purge is coming regardless. Probably next go around.
Its not possible to sustain national and private debt levels that double every ten years. Interest payments consume an ever-increasing portion of GDP and the economy eventually collapses under the weight of unsustainable payments. Similar to third-world countries that are leveraged 300% to GDP. We're at 100%. Soon to be 200%, after the dust settles and the FED comes clean on how much garbage was bought at parity from banks. One or two more bubbles (and bailouts) and America is done for...
Thing is, that Great Purge is coming regardless. Probably next go around.
Its not possible to sustain national and private debt levels that double every ten years. Interest payments consume an ever-increasing portion of GDP and the economy eventually collapses under the weight of unsustainable payments. Similar to third-world countries that are leveraged 300% to GDP. We're at 100%. Soon to be 200%, after the dust settles and the FED comes clean on how much garbage was bought at parity from banks. One or two more bubbles (and bailouts) and America is done for...
These public displays of mutual affection are offensive. Perhaps you guys should rent a hotel room with all those profits?
hahahahahahaahaaaaaaa.....I'm just a little miffed about shaking myself out of that long AUD/USD. But, any love is good love.
In truth, it's what works for YOU, not ME. Whatever creates the profit. I wish more people would see that, these threads could actually be productive.
If the US goes tits up the rest of us are already doomed, we'll be past the point of caring by then......and I'll be voting socialist! (hey, a man's gotta eat!)
Take two prozac and call me in the morning....
thanks DDT!
were these winning trades or just trades you entered?Quote from davidmaria1:
...................and still have time to work, and go for a swim.
this is honestly a great post...pick the 'gems' out of it..really good...thanks...inspiringQuote from cabletrader:
Thanks, but I wish I could say it's the hardest and that I'm some kind of genius, unfortunately I can't! It's about the simplest, most cost effective and time efficient way to trade, and has fewer risks than some other trading approaches.
I guess the easiest way to trade is the way you're most familiar and comfortable with, this way works well for me. Pretty much any time of the day/night I can drop by and pick up a few pips on something without having to wait hours/days for a trade setup or for a trade to play out, and more importantly the results are consistent.
Like yesterday, I'd finished at lunchtime but took a look at charts again a bit later, saw a couple of trades and took a few pips. This morning I opened the charts and took a couple of pips while the coffee was percolating.....it's just there, all the time, calling 'take me, take me'
