people leave, but this thread will go on for ever
- #1,485
- Aug 2, 2018 11:48pm Aug 2, 2018 11:48pm
- Joined Nov 2017 | Status: Rebarkable | 1,428 Posts
Edit: Time shown is Central Standard Time
- #1,486
- Aug 3, 2018 12:22am Aug 3, 2018 12:22am
- Joined Nov 2017 | Status: Rebarkable | 1,428 Posts
Is it safe to short this pair. Asking for a friend. 
- #1,487
- Aug 3, 2018 12:28am Aug 3, 2018 12:28am
- Joined Jul 2013 | Status: Trader | 5,460 Posts
I am no expert re this pair but I do have many trades running...Currently sitting in my hands. This could go anywhere. I am Budgeting for going up to 6 ....My Crystal Ball is no help.
R
R
Is it safe to short this pair. Asking for a friend.
Ronnie Renko
Lets see what inflation data brings to us 
Edited Turkish Minute Aug 2 $400k in Fines for Overcharging Tourists Aug 1 Banks propose rule to speed up restructuring of company debt in Turkey Turkeys exports to EU countries grew by 6.4 percent in June July 31 According...
Yes, the press is not perfect in Turkey and they are having a hard time like USA. if you are trading, you should follow institutions like Reuters or Bloomberg.
What kind trader follows this newspaper ?
- #1,496
- Aug 3, 2018 6:14am Aug 3, 2018 6:14am
- Joined Nov 2017 | Status: Rebarkable | 1,428 Posts
{quote} Turkish Minute is not independent and reputable media. In fact, they are terrorists who attempt to strike in the country and escape from the country. Yes, the press is not perfect in Turkey and they are having a hard time like USA. if you are trading, you should follow institutions like Reuters or Bloomberg. What kind trader follows this newspaper ?
"What kind trader follows this newspaper?"
Thanks for the insult !
It's not about *following* any newspaper. It's about determining sentiment of other traders. Who reads these papers? *Somebody* reads them because they are published. No? I don't care who reads them. Maybe you care who reads them, but I don't care what you care about. I care about what the market is doing. I'm not being offensive. I'm being a trader!
The truth is, when it comes to fundamentals in the market, personal opinions don't matter. Truth doesn't matter.
What if Trump tweets that he's going to war with Turkey? Calm down. I'm not issuing a threat or criticizing you or saying anything personal about you. I have NO issue with Turkish people. For god's sakes, we're all people!
THINK with me for a minute. What if Trump said that he was going to attack Turkey, but secretly had no plan to attack Turkey? He tweet that he's going to attack Turkey, but he doesn't tell anyone that it's a lie.
Do you think the market would react to the tweet? Or would they take a chance and bet against him attacking Turkey?
They would trade the lie !!!!!!!!!!!!! And I'd be foolish to trade against it.
There's a reason the majority of traders lose money in the market. What we are to do in order to trade is BACKWARDS to our personal and emotional involvement in live.
I'M OUTTA HERE.
Trade safe.
{quote} I was going to thank you for the information, until you posted: "What kind trader follows this newspaper?" Thanks for the insult ! It's not about *following* any newspaper. It's about determining sentiment of other traders. Who reads these papers? *Somebody* reads them because they are published. No? I don't care who reads them. Maybe you care who reads them, but I don't care what you care about. I care about what the market is doing. I'm not being offensive. I'm being a trader! The truth is, when it comes to fundamentals in the market,...
I can share what the some Turkish media writen all day. But they are not independent and biased. if we look at what they say, we always should to sell dollars. But usdtry is now 5 lira.
The same thing applies to "Turkish Minute", they are Gulen's media.
I am not a politician, I am just a trader - actually hate politics too. if I want to follow fundamentals I only follow reliable sources. Others blur the vision.
This is just a recommendation and is true; we're all people.
Thanks
{quote} Dude you got me wrong. This is not insult, only information. I can share what the some Turkish media writen all day. But they are not independent and biased. if we look at what they say, we always should to sell dollars. But usdtry is now 5 lira.
But yes you are correct, trade what traders are thinking, not necessarily what the news is telling you..
A genius is born every minute, me I am lucky if my socks match.
- #1,500
- Aug 4, 2018 10:46am Aug 4, 2018 10:46am
{quote} Vaoww..something is happening in South Africa.. i dont know what is it?? God has protected me.. i was out of trade.. It was still moving up after my screenshot.. Edit: probably this has caused.. https://www.bloomberg.com/news/artic...d&cmpId=google {image}
