Your equity diamond scenario is eliminated if S&P and DJ will close weekly on new all time, right?
- #1,527
- Jul 24, 2020 8:12am Jul 24, 2020 8:12am
- Joined Feb 2008 | Status: Trader | 6,736 Posts
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DislikedCindy, yes i have to agree with you as well, i started trading in 2012 and every year since the pundits have predicted a major market crash and burn, sure we have had Trump's election surprise December 2016 , then December 2018 and now Feb/March 2020 but each time the market recovered quickly and made higher highs. interest rates cannot be raised, and nnTrillion + debt accumulated cannot be repaid, it can only be inflated away. QE/Bailouts/money printing will continue to inflate the stock indexes, DJ, S&P , Nasdac etc.. there is no where else to...Ignored
DislikedI guys i follow this discussion from the begin and i have to say a big thanks to sir igrok for his afford and the information that he share here..but sincerly i don t think as before that the market will crash again.. or most that it already did ..mostly becouse in the long therms from his born the market is always grew up so in statistically it s not a vantage bet in short..and above all i see(and it is my personal view) the market like if would be i kind of entropy index and seing that the entropy of the universe and the humans consciesness goes...Ignored
Disliked{quote} Trading plan is a king as you mentioned Your equity diamond scenario is eliminated if S&P and DJ will close weekly on new all time, right?Ignored
DislikedEUR/USD has almost reached the upper border of it's major channel like structure... likely to bounce down initially but the eventual break out higher is inevitable... {image}Ignored
Disliked{quote} Hi Igor, Does it mean theoretically that we are going to "must reach" 1.35 level?Ignored
DislikedHi Igor, can you share your expert opinion about SP500? It looks that Diamond can be formed {image} (https://tvc-invdn-com.akamaized.net/data/tvc_c3ac3a4c487717e2e7ad838a2bd0e454.png)Ignored
Disliked{quote} I'm still learning something new every day... it's a pity that in our trading profession knowledge mostly comes with real personal experience and it takes a lot of time to gain enough of it to become successful... unfortunately trading is not a science but rather an art... some time ago I was about to publish a new book titled "The Art of Forex Trading"... it was even announced back then before I changed my mind eventually... however it now seems that I have to reconsider this idea and to write something different and more formalized instead......Ignored
DislikedHi Igor, Sorry for offtop, where can I find info regarding upcoming study classes? Thanks in Advance=)Ignored