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  • #1,204,501
  • Nov 26, 2021 12:40pm Nov 26, 2021 12:40pm
Quoting suthmo
{quote} Is this your bog standard short cut to thinking just chime in with the emotional abuse and personal assaults? I think your brain just tapped out?
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  • #1,204,502
  • Nov 26, 2021 12:41pm Nov 26, 2021 12:41pm
I started fkucing up after got sucked into massive fight with you guys few weeks ago I blame you haha.
Founder of Sutherland Wave Principle
  • #1,204,503
  • Nov 26, 2021 12:42pm Nov 26, 2021 12:42pm
Quoting suthmo
I started fkucing up after got sucked into massive fight with you guys few weeks ago I blame you haha.
Do not blame anyone but yourself. Everything was explained to you, yet you believe something that is not there in trading. Some people are immune to a good advice.
  • #1,204,504
  • Nov 26, 2021 12:43pm Nov 26, 2021 12:43pm
I reckon we could probably all agree that there are merits for both fundamentals (specifically for the timing of movements) and technicals (specifically for targets). We all use what we use eh, doesn't mean any of us are wrong. Equally, doesn't mean any of us are 100% correct.
A wise man changes his mind, a fool never will
  • #1,204,505
  • Nov 26, 2021 12:55pm Nov 26, 2021 12:55pm
Quoting suthmo
{quote} OK fundamentals are good we can use them to speculate on the future price you guys doing well long term? OK I shouldn't say they are useless, that's bad thinking from me. It's because I'm pure technical. I don't know what is success rate of fundamental traders is overall? Fundamental trading is a severe guessing game based on news repeating history of past events based on idealized data? I much prefer cold hard laws of physics with technical analysis.
Whatever floats your boat mate, you can trade the way you like. I just wanted to make it clear that you witnessed how fundamentals can be powerful if they are used right. That's all
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  • #1,204,506
  • Nov 26, 2021 1:03pm Nov 26, 2021 1:03pm
Quoting 4experience
BUY LIMIT 1296
closed 1311
have a nice weekend
  • #1,204,507
  • Nov 26, 2021 1:04pm Nov 26, 2021 1:04pm
Quoting Techanalyst
{quote} Do not blame anyone but yourself. Everything was explained to you, yet you believe something that is not there in trading. Some people are immune to a good advice.
You think that cult personalities on tv are breathing air over their vibrating lips making sounds that represent past events that are based on idealized concepts is a cause of market moves.

I believe in and invisible container of energy formed from 7 layer matrix integrated with flower of life geometry that forms the back bone of quantum physics is cause responsible for all future happenings in the entire realm of existence.

Clearly I got you licked in the crazy department.
Founder of Sutherland Wave Principle
  • #1,204,508
  • Nov 26, 2021 1:12pm Nov 26, 2021 1:12pm
Quoting suthmo
{quote} You think that cult personalities on tv are breathing air over their vibrating lips making sounds that represent past events that are based on idealized concepts is a cause of market moves. I believe in and invisible container of energy formed from 7 layer matrix integrated with flower of life geometry that forms the back bone of quantum physics is cause responsible for all future happenings in the entire realm of existence. Clearly I got you licked in the crazy department.
I don't know what you're talking about. You make no sense at all.
  • #1,204,509
  • Nov 26, 2021 1:13pm Nov 26, 2021 1:13pm
Quoting Nordling00
{quote} Whatever floats your boat mate, you can trade the way you like. I just wanted to make it clear that you witnessed how fundamentals can be powerful if they are used right. That's all
Money is debt, debt is money. Economic data is an idealized concept. The money is printed from nothing backed by nothing. How can it be any kind of reflection of anything tangible in the real world? How can anything outside be effecting this perception of value? And more so how the hell can talking heads historical re telling of idealized data have ANY Baring on the value of one fake fiat currency against another? How the hell can the concept of it's value be attached to anything in the real world. They just print it till the system collapses. It's value not based in reality at all?
Founder of Sutherland Wave Principle
  • #1,204,510
  • Edited 2:03pm Nov 26, 2021 1:34pm | Edited 2:03pm
Breaking news: The US is to release 50m barrels of oil from reserves in a bid to drive down petrol prices and snuff out a crude market rally.

Suthmo on fundamentals
Based on this statement from media I'm going to speculate that dollar is gonna drop

Can we speculate dollar weakness? Petro dollar has some adjustment to make?

How can prices go anywhere but up when the underlying currency is fake as fcuk?
Founder of Sutherland Wave Principle
  • #1,204,511
  • Nov 26, 2021 1:53pm Nov 26, 2021 1:53pm
Quoting Techanalyst
{quote} I don't know what you're talking about. You make no sense at all.
just saying both our ideas of what moves markets sound nuts but mine way crazier than yours.
Founder of Sutherland Wave Principle
  • #1,204,512
  • Nov 26, 2021 1:57pm Nov 26, 2021 1:57pm
Have tried selling this area about 3 times and every time broker jacks up the spread triggering sl and buy stop. CNUTS.
Why are we spread raping at 7:30PM?
Founder of Sutherland Wave Principle
  • #1,204,513
  • Nov 26, 2021 2:03pm Nov 26, 2021 2:03pm
here where i think we are going. a retrace to the daily 20ema would be expected after such a drubbing. so just as teh abcd suggests just over 20ema.

then things get more complicated.

futures is closed now so this ain't going anywhere...
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In tea leaves we trust!
  • #1,204,514
  • Nov 26, 2021 2:04pm Nov 26, 2021 2:04pm
Quoting suthmo
Have tried selling this area about 3 times and every time broker jacks up the spread triggering sl and buy stop. CNUTS. Why are we spread raping at 7:30PM?
I've been observing that too.. look at gbp/jpy, it's like EOW already.
Only an idiot knows with certainty to where the market is going.
  • #1,204,515
  • Edited 2:17pm Nov 26, 2021 2:07pm | Edited 2:17pm
Might spike to 1348 but ultimately needs to correct down to 12s I think.
Put buy on and sell limit at 1344. Not sure will activate before the close...
Founder of Sutherland Wave Principle
  • #1,204,516
  • Nov 26, 2021 2:14pm Nov 26, 2021 2:14pm
Quoting suthmo
{quote} Money is debt, debt is money. Economic data is an idealized concept. The money is printed from nothing backed by nothing. How can it be any kind of reflection of anything tangible in the real world? How can anything outside be effecting this perception of value? And more so how the hell can talking heads historical re telling of idealized data have ANY Baring on the value of one fake fiat currency against another? How the hell can the concept of it's value be attached to anything in the real world. They just print it till the system collapses....
Of course these are just papers, what makes them valuable is the signature of the state. How much interest is paid or taken, how much inflation does it have etc. It basically represents the economy. Depending on the economic situation and country's reputation the value of the currency changes. That's it.
You have to have an IQ higher than 90 to interact with this user.
  • #1,204,517
  • Nov 26, 2021 2:23pm Nov 26, 2021 2:23pm
Quoting MrBullBear
{quote} I've been observing that too.. look at gbp/jpy, it's like EOW already.
I want to buy it looks like it's going to do a run up for a while at least.
Founder of Sutherland Wave Principle
  • #1,204,518
  • Nov 26, 2021 2:26pm Nov 26, 2021 2:26pm
Look at this only if you meet the following criteria:
1. You believe in freedom including the right to work without complying with medically mandated procedures
2. You believe in freedom of speech including the right to peacefully voice your opposition to government tyranny without fear of censorship, retribution or even worse forced segregation because you won't get the jab.
3. You're not a sheep believing only a government taking on tyrannical qualities (wolf in sheep clothing) can protect you.
4. You believe science is based in the scientific process and not in the consensus of unelected bureaucrats disguised as doctors pretending to act in your best interest when in fact they're becoming filthy rich off a poorly studied vaccine.
5. You don't want your children to be the experimental group for the already launched initiative to vaccinate a cohort that has virtually and statistically a zero chance of dying or suffering significant morbidity from Covid.
6. You've figured out that the vaccinated are spreading Covid as much or more than the unvaccinated.

https://amgreatness.com/2021/11/22/d...ting-patients/

Just me, your freedom-loving Covid 19 truther.

Bring it on!!!
  • #1,204,519
  • Nov 26, 2021 2:27pm Nov 26, 2021 2:27pm
Quoting Nordling00
{quote} Of course these are just papers, what makes them valuable is the signature of the state. How much interest is paid or taken, how much inflation does it have etc. It basically represents the economy. Depending on the economic situation and country's reputation the value of the currency changes. That's it.
This is the classic definition yes.

Every single bill in circulation is debt owed to the federal reserve by the central bank.
Is it the promise that we will get out of bed go to work and make up the value of that debt that gives it's value?
It's a promise that we will continue to feed the debt monster?
All the debt paper can be stacked up in $5 bills to reach the moon. And you saying this represents the economy? Then I say we are fooked haha.
Founder of Sutherland Wave Principle
  • #1,204,520
  • Nov 26, 2021 2:42pm Nov 26, 2021 2:42pm
Quoting suthmo
{quote} This is the classic definition yes. Every single bill in circulation is debt owed to the federal reserve by the central bank. Is it the promise that we will get out of bed go to work and make up the value of that debt that gives it's value? It's a promise that we will continue to feed the debt monster? All the debt paper can be stacked up in $5 bills to reach the moon. And you saying this represents the economy? Then I say we are fooked haha.
Well our ancestors were getting paid with gold/silver/copper which holds a value in itself unlike the fiat currencies now. But the problem with using a money that holds an inner value is, sometimes money can get very expensive and economy's growth can halt. Mines will also run out of gold/silver/copper in time as well so we can say money supply is limited. Which also means if economy or population grows so much, the amount of precious metals may not be enough. This can be a problem for countries like Japan, which lacks natural resources. As a result, money again can get very expensive. Causing economy to halt, leaving the growing population hungry.

So a currency that it's value can be fully controlled by the central bank was needed to solve these problems. That's why most of the countries now use fiat currencies instead of the ones that hold a real value.
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