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- cold chisel replied Dec 16, 2016
The first rate hike in a DECADE happened LAST December...
- cold chisel replied Nov 23, 2016
I got other more interesting and less time consuming ways.
- cold chisel replied Nov 23, 2016
It took me 12 years to be consistently profitable and then when I finally understood how it works, I got bored. It's not interesting anymore... and so I quit. I feel a lot better now, since I'm not doing it anymore. That's the beauty of it all, ...
- cold chisel replied Nov 21, 2016
Correct. Nothing is full proof in our market.
- cold chisel replied Nov 17, 2016
That's right, so you should do the work YOURSELF and don't rely on others for knowledge.
- cold chisel replied Nov 15, 2016
Fair enough. We can always get back to this after a decade of your trading. A year, even a GREAT year is not ENOUGH. It's just a start. How do I know this? Through experience... And please en-light me what is CFG. I know and traded CFDs for several ...
- cold chisel replied Nov 15, 2016
How long have you been doing this? If more than a decade - you are a genius (doing it without losses), if not then... once in a blue moon you'll loose more than you want to (let's say a few thousand pips), if you somehow happen to be on the other ...
- cold chisel replied Aug 25, 2016
[quote=Ill-b-back;9101933] I have no idea why you are posting this to me. Because you say that property investing is one of the best investments around. I say it is NOT, at least here in Australia. The situation in Perth helps to see the future ...
- cold chisel replied Aug 25, 2016
This gentleman lowered the rates and then relatively sharply raised them. That crashed the economy, he should have raised them slower, like they are doing it now(or not doing it now) - because they are afraid (Yellen) to repeat mistakes made by that ...
- cold chisel replied Aug 25, 2016
I don't care about Sydney house prices, because I never lived there and not planning to. The bubbles in real estate are fueled by cheap mortgage rates and nothing else. If there was no CHEAP credit there wouldn't be a bubble. People wouldn't buy if ...
- cold chisel replied Aug 25, 2016
Yeah,yeah. But somehow you can buy a decent house in US state of Texas for 200k and what can you buy here for 200k? A dog house in Sydney?
- cold chisel replied Aug 25, 2016
Property investment is a lousy investment NOW. It used to be good 10 and 20 years ago. But not now. The entry level is very high in Australia. I like your sentence when you say that you double your money (minus expediences) Expenses might be higher ...
- cold chisel replied Aug 25, 2016
We wait, until it returns.
- cold chisel replied Aug 25, 2016
It wasn't the housing bubble that crashed their economy. Raising rates by stupid mr. Greenspan crashed the economy.
- cold chisel replied Aug 24, 2016
He could have it both ways easily. Tell the banks NOT to pass it on or pass it on only for business loans and not to residential construction or mortgages. You can also tax residential real estate more, like it is in the States and no housing ...
- cold chisel replied Aug 18, 2016
You can always make your 5 cents into 50k as long as you do it constantly. It's no waste of time. It's experience gained. I use demo accounts for 13 years and will continue doing so. I trade live once in a blue moon. 5 cents plus is a whole 5 cents ...
- cold chisel replied Aug 11, 2016
common sense
- cold chisel replied Aug 8, 2016
That's right. The more they buy, the more they burn.
- cold chisel replied Aug 2, 2016
That is not an indicator. The rent and property prices in Perth are an indicator and they are falling and there is no end in sight.
- cold chisel replied Aug 2, 2016
Statement means nothing, it changes like the weather in Hobart. The rate cuts will resume after the next quarter CPI figures that would be negative again. Have you seen today's petrol prices? Well I have. They are f...cking 93 cents, haven't seen ...