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Cable Update (GBPUSD)

  • #638,881
  • Nov 14, 2021 5:49am Nov 14, 2021 5:49am
Quoting Jolita
{quote} This is my understanding - What happens UK breaks article 16? - bad for UK, bad for pound, sell. What happens when UK finally increases rates? - GBP will rise What happens when inflation persists for a currency but not tapering occurs/ when tapering occurs? - tappering will increase inflation, not good for a currency. Only if inflation rumours will give possibility to increase interest rate, can give bulish effect. How does Evergrande making payments affect certain currencies?
- can't answer this. All I know Evergrande in big trouble, share price is falling. They can not pay anyone. Can anyone answer this?[/quote]


Tapering is not bad for the currency. Tapering is slowing down the quantitative easing so that will possibly lead to a lower inflation and a stronger currency. Of course tapering is not as powerful as increasing interest rates but still it's a positive factor.

About Evergrande, idk but all i know is we better stay away from the China and it's fishy industry
You have to have an IQ higher than 90 to interact with this user.
  • #638,882
  • Nov 14, 2021 6:14am Nov 14, 2021 6:14am
Quoting Jolita
{quote} Your comment - playing safe *we could go up or we could go down* . Always 50/50. You should choose one direction, then you will be right or wrong.
One thing about 50/50 directional statement is that I always come and do updates. But in my initial statement is I said the market for the week is bullish until it reaches the conflict of interest from my previous analysis.
  • #638,883
  • Nov 14, 2021 6:22am Nov 14, 2021 6:22am
Quoting Nordling00
{quote} - can't answer this. All I know Evergrande in big trouble, share price is falling. They can not pay anyone. Can anyone answer this?
Tapering is not bad for the currency. Tapering is slowing down the quantitative easing so that will possibly lead to a lower inflation and a stronger currency. Of course tapering is not as powerful as increasing interest rates but still it's a positive factor. About Evergrande, idk but all i know is we better stay away from the China and it's fishy industry[/quote]

I understand tapering as a reduction in quantitative easing (QE - printing more worthless money).

Bank has to many QE's, charges, interests, not functioning systems.
Banks are in debt, closing down slowly, all the holdings will sold slowly in order to pay rent, bankers a salary, bonus or comissions.

Soon our salaries, income will be paid in crypro cash, no banking fees, interests paid us.
We wont need a bank to hold and use our money. Cant wait for the changes to take effect.

Am I dreaming? Dont think so.
  • #638,884
  • Nov 14, 2021 6:23am Nov 14, 2021 6:23am
Quoting Waveskierrob
{quote} GU will be 1.00000 by Xmas..............but I didn't say which Xmas .........posters can be very clever with their wording to be right what ever the outcome
Right!!! Like you doing right now. Being clever to slight the next person for an outcome. He said duuuh, that can mean anything.
  • #638,885
  • Nov 14, 2021 6:24am Nov 14, 2021 6:24am
Have a lovely Sunday, off to the National History Museum.
  • #638,886
  • Nov 14, 2021 6:30am Nov 14, 2021 6:30am
Quoting duve
{quote} Right!!! Like you doing right now. Being clever to slight the next person for an outcome. He said duuuh, that can mean anything.
exactly right
  • #638,887
  • Nov 14, 2021 6:33am Nov 14, 2021 6:33am
Quoting tiborf71
{quote} almost everyone on this site just trades with it, the basics + s / r + trend channel + macd, rsi + moving average + divergence + fib + pivot. I'm sorry but these I don't care. but I did not want to be disrespectful.

It does not matter how u trade what matters - do u have a good statistical edge and is it making u money
  • #638,888
  • Nov 14, 2021 6:35am Nov 14, 2021 6:35am
Quoting Jolita
Have a lovely Sunday, off to the National History Museum.
unbelievable place and free
  • #638,889
  • Nov 14, 2021 6:37am Nov 14, 2021 6:37am
Quoting Jolita
{quote} Tapering is not bad for the currency. Tapering is slowing down the quantitative easing so that will possibly lead to a lower inflation and a stronger currency. Of course tapering is not as powerful as increasing interest rates but still it's a positive factor. About Evergrande, idk but all i know is we better stay away from the China and it's fishy industry
I understand tapering as a reduction in quantitative easing (QE - printing more worthless money). Bank has to many QE's, charges, interests, not functioning systems. Banks are in debt, closing down slowly, all the holdings will sold slowly in order to pay rent, bankers a salary, bonus or comissions. Soon our salaries, income will be paid in crypro cash, no banking fees, interests paid us. We wont need a bank to hold and use our money. Cant wait for the changes to take effect. Am I dreaming? Dont think so.[/quote]

That may happen one day but it's not going to happen in the near future. If we are going to use decentralised crytpos instead of the government's then that means national currencies are going to be extinct. Which translates to there will be no country left. Because without currency, countries will not mean anything. Every government in the world gets it's power from the modern monetary system. If that system ends, countries will end.
You have to have an IQ higher than 90 to interact with this user.
  • #638,890
  • Nov 14, 2021 6:45am Nov 14, 2021 6:45am
Inserted Video
POSTMASTER
  • #638,891
  • Nov 14, 2021 6:57am Nov 14, 2021 6:57am
1.3383 main level of interest for Monday
  • #638,892
  • Edited 7:30am Nov 14, 2021 6:59am | Edited 7:30am
you can't just say taper is less than a rate hike and leave it that
what we gotta figure out is how much the 120 billion per month is holding rates down ,

So lets just go Lala land and say over the next 10Y fed will keep inflation at 2% or below and the real yield is currently negative -1 %
no doubt if they stopped QE tomorrow the 10 year would jump to 2-3%(where it was before QE)

then 120billion QE p/m is worth up to 4% on the 10year ,but other curves would be affected different ,
it's worse the lower timeframe you go because thats been the target
The FED take very low timed debt at next to 0% then continually roll it over

If we look at that the 1980s which was often mentioned in news reports last week regarding CPI , rates went very high to combat the problem
It all depends if inflation stays that high or more
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,893
  • Nov 14, 2021 7:05am Nov 14, 2021 7:05am
Quoting Waveskierrob
{quote} unbelievable place and free
Yes, is good one. All museums require pre-booked ticket, even free ones. My favourite is Tates Modern
  • #638,894
  • Nov 14, 2021 7:07am Nov 14, 2021 7:07am
Quoting Georginson
{quote} What most traders don't know is that, indicators respond to prices, while prices don't respond to indicators. The day traders finally know what prices respond to, then they have 50% of the breakthrough, while the day they start applying modest risk/money management, then they will have 90% breakthrough, the remaining 10% breakthrough to complete 100% will be found when they can control their emotions.
Would love to read small example.
  • #638,895
  • Nov 14, 2021 7:10am Nov 14, 2021 7:10am
raising interest rate extracts money out of circulation ,the money printed ,
consumer inflation at its heart is too much money V goods/services
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,896
  • Nov 14, 2021 7:16am Nov 14, 2021 7:16am
Quoting mysterio
1.3383 main level of interest for Monday


although a rise to 135 not ruled out either
Insane in the Brain..
  • #638,897
  • Nov 14, 2021 7:19am Nov 14, 2021 7:19am
Quoting Nordling00
{quote} Am I dreaming? Dont think so.
That may happen one day but it's not going to happen in the near future. If we are going to use decentralised crytpos instead of the government's then that means national currencies are going to be extinct. Which translates to there will be no country left. Because without currency, countries will not mean anything. Every government in the world gets it's power from the modern monetary system. If that system ends, countries will end.[/quote]

you will never have decentralised crypto as currency ,but the FED coin is probably a real plan
a very bad plan where your bank account is with the government ,
banks serve a very useful purpose ,they protect the public to an extent ,
banks are the last stand
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,898
  • Nov 14, 2021 7:31am Nov 14, 2021 7:31am
Quoting Bones
{quote} you will never have decentralised crypto as currency ,but the FED coin is probably a real plan a very bad plan where your bank account is with the government , banks serve a very useful purpose ,they protect the public to an extent , banks are the last stand
Even if they invent FED Coin or BoE Coin it will still have this interest rate, tapering stuff in it so money will just change shape but monetary system will remain the same
You have to have an IQ higher than 90 to interact with this user.
  • #638,899
  • Nov 14, 2021 7:35am Nov 14, 2021 7:35am
Quoting Nordling00
{quote} Even if they invent FED Coin or BoE Coin it will still have this interest rate, tapering stuff in it so money will just change shape but monetary system will remain the same
why would it have an interest rate ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,900
  • Nov 14, 2021 7:36am Nov 14, 2021 7:36am
Quoting Jolita
{quote} Yes, is good one. All museums require pre-booked ticket, even free ones. My favourite is Tates Modern
Went to the British Museum couple of years ago, just a pile of old shit
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