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- steve2010 commented Aug 7, 2017
Buy USD/ZAR my friends, the vote is unlikely to succeed tomorrow...
- steve2010 commented Dec 27, 2016
Healthcare was a disaster, but crime has actually gone down. Also, don't forget that Obama increased the deficit in order to bail out the US economy. It doesn't matter who was president following the 2008 financial crisis - the banks have so much ...
- steve2010 commented Nov 13, 2016
I think the markets are neither random nor deterministic - I know that sounds contradictory, but honestly when is anything in the real world simple? I think the markets DO move in the direction that is to the detriment of most traders, and that's ...
- steve2010 commented Aug 24, 2016
The country is nearing junk status, so any shake ups around the government at this point could be enough to push it over the edge. The rand droppped, not because of him, but because of the risk that it poses in a credit rating downgrade
- steve2010 commented Jul 15, 2016
They call it "social mobility". In countries where education is free, social mobility tends to be higher, in other words its easier to go from poor to rich. The problem in the USA of course, is that education is very expensive (and healthcare too), ...
- steve2010 commented Jun 3, 2016
@z.abideen 1) Forex factory's calendar section has all the data a few seconds after the release, however most of the big banks and hedge funds have computers that automatically read the news release and make trades within milliseconds of the news ...
- steve2010 commented May 11, 2016
Stocks prices are a bit different, because they are more easily predictable. Weather patterns, fuel prices, earnings reports, etc etc can all be modeled using neural networks to yield good predictions of future prices. These are not generic ...
- steve2010 commented Apr 18, 2016
@AussieForexM Well said, I couldn't agree more. Most of these indicators were developed in the days before we had computerized charting, and as such the formulas employed in them are highly oversimplified in order to make it possible for the math to ...
- steve2010 commented Mar 30, 2016
@hatzius I think you may be right.... (laughing). We've been seeing solid ADP numbers from the US for a while now, in spite of other signs and warnings of a slow down, perhaps Uber is responsible.
- Posts by Member Search: 'steve2010'