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The Swamp

  • #109,101
  • May 25, 2023 3:54am May 25, 2023 3:54am
German economy entered recession in Q1...
https://www.reuters.com/markets/euro...on-2023-05-25/
I am who I am
  • #109,102
  • May 25, 2023 4:14am May 25, 2023 4:14am
I scalped a few longs this morning. Most things I see are bearish. I have that algo at 1.0736. That could reverse the drop. But it has 43 pips of slip often. 43 pips is close to 1.0694/1.07. 1.0698 is the month average range. 1.0728 can be a month trend support (close). The year close at 1.07, with the edge month range at 1.0698, along with the month 20sma at 0728. Makes this area a place of higher than average, potential bounce. Maybe not enough to take back 1.0835 or more. Easily enough to test it, is not out the question. Closing the month here below 1.0728 or 1.07 is not likely to favor bulls. About 5 days left this month to trade. This has a potential support inline with the larger algo 1.1186. Default etc not in this evaluation.

R/R wise I can risk some here and be wrong a few dozen pips or less to hit the s/l. That being whatever % I chose to risk. The upside of the 1.1186 possible reward . Maybe doing some to reach
Places like 1.0696/0736 area, this dont pop up everyday.
those who can, do. those who cant, talk about those who can
  • #109,103
  • May 25, 2023 4:22am May 25, 2023 4:22am
Quoting gatorinla
I scalped a few longs this morning. Most things I see are bearish. I have that algo at 1.0736. That could reverse the drop. But it has 43 pips of slip often. 43 pips is close to 1.0694/1.07. 1.0698 is the month average range. 1.0728 can be a month trend support (close). The year close at 1.07, with the edge month range at 1.0698, along with the month 20sma at 0728. Makes this area a place of higher than average, potential bounce. Maybe not enough to take back 1.0835 or more. Easily enough to test it, is not out the question. Closing the month here...
My longs stopped at 1.0619, I took close to $5k loss.
but I just went back in again, let’s see
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  • #109,104
  • May 25, 2023 4:25am May 25, 2023 4:25am
Quoting Boulder
{quote} My longs stopped at 1.0619, I took close to $5k loss. but I just went back in again, let’s see {image}
Still in bed, I am back to sleep, see you in US session
  • #109,105
  • May 25, 2023 4:26am May 25, 2023 4:26am
I closed those longs I had. Now I wait, and hope it catches some near 1.07. I may regret if I closed to early. I would of also have regret if it hit 1.07, and I had not. Damned if you do, damned if you dont.
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those who can, do. those who cant, talk about those who can
  • #109,106
  • May 25, 2023 4:30am May 25, 2023 4:30am
Quoting Boulder
{quote} Still in bed, I am back to sleep, see you in US session
Be there in a sec. If you turn that cell off. I will sleep better.
those who can, do. those who cant, talk about those who can
  • #109,107
  • May 25, 2023 4:34am May 25, 2023 4:34am
I know some of you are thinking 0762 or 70.. I hope it give me under 0710 first, than 62+. "Hope" is a terrible thing.. Nap time.. If she can keep the cell light out my eyes.
those who can, do. those who cant, talk about those who can
  • #109,108
  • May 25, 2023 4:36am May 25, 2023 4:36am
Quoting gatorinla
{quote} Be there in a sec. If you turn that cell off. I will sleep better.
1300 miles away, keep your dream alive,,
  • #109,109
  • May 25, 2023 4:37am May 25, 2023 4:37am
Quoting gatorinla
I know some of you are thinking 0762 or 70.. I hope it give me under 0710 first, then 62+. "Hope" is a terrible thing.. Nap time.. If she can keep the cell light out my eyes.
that is my hope 0762 or 70, keep my fingers crossed
  • #109,110
  • May 25, 2023 6:23am May 25, 2023 6:23am
Robocop...
Inserted Video
I am who I am
  • #109,111
  • May 25, 2023 6:25am May 25, 2023 6:25am
Quoting q_import
{quote} You must be talking something about https://www.bbc.com/news/world-us-canada-65688683 where threat of Yuan have an expiration companies and people are looking for assets to hold instead of the value of their lifelong work losing all value. I have seen case studies and other material of this matter months ago. I dont think people will understand what is going on unless you go deep and even in the event you go deep more often then not it just gets in the way of peoples values and it is discounted even when the data is show people...
Yes this is where it begins. It comes sneaking in, justified by some bullshit about security.
What it is, is state parentalism and taking of the ability of choice on all levels, and at the same time making everyone dependant on the system.
People are like robots. They blindly follow the lawbook/policys/the bible even due it's to their disadvantage.

If people just made it a habit to disfollow authorities, then they'll all be busy negotiating with the workers all the time instead of coming up with stupid laws and policys.
You have an IQ lower than 90 if you interact with this user.
  • #109,112
  • May 25, 2023 6:35am May 25, 2023 6:35am
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  • #109,113
  • May 25, 2023 6:42am May 25, 2023 6:42am
Quoting Ferna
{quote} Yes this is where it begins. It comes sneaking in, justified by some bullshit about security. What it is, is state parentalism and taking of the ability of choice on all levels, and at the same time making everyone dependant on the system. People are like robots. They blindly follow the lawbook/policys/the bible even due it's to their disadvantage. If people just made it a habit to disfollow authorities, then they'll all be busy negotiating with the workers all the time instead of coming up with stupid laws and policys.
It only has to do with Foreign Nationals not US citizens.. There is a older law that takes property away but only in time of declared war not proxy wars. My understanding so far is that if your a US citizen it does not apply.. Its just asking Foreign Nationals to declare assets of houses and people from other countries if I was a exchange student or worker from another country I could buy a house not 15 houses. That is my understanding if I was in the UK or Sweden I could buy a house just as Foreign nationals could buy a house but I would not be able to make a business out of it to my knowledge I could be wrong but Gator would be the one to ask he is more knowledgeable about issues of real estate way more than me.
  • #109,114
  • May 25, 2023 6:44am May 25, 2023 6:44am
Quoting gatorinla
{quote} How is that different from normal? Most civilized countries. Most require a payment to the government for the privilege of working. (some sort of income tax you pay, to your owner, the government) If you own property, there is usually a property tax to be paid every year. If you dont pay it, the local government seizes it. So in reality you own nothing. Your a servant because the government takes some of your earnings. That's part of being a citizen. You pay for roads, schools military etc. that benefits you. The alternatives are war lords...
It all comes down to the introduction of CBDC's, they will be issued and the old dollar will become useless(making the debt payable via FED printing more money of the old currency). Remember the debt is in USD, if they issue a new currency the debt is still in USD, it won't be transferred.
Sure this can cause war, but which nations are strong enough to challenge U.S military and it's allies in NATO?

difference now is that all your value cannot be saved in assets. With the new system there will be a time component to them for expiration.
And it will also kill trading since currencies will be linked to their amount of work, good citizens program(trackable money), and equal work.
You cannot go in trading a currency that is linked to humans, there won't be any uncertainty or imbalance it will just be an average. Supply & demand will diminish since there are also plans to limit maximum bank account savings to 3000 Euro/Month. Thus there won't be much room for speculation/investment since the amounts will be more fixed. Free floating currencies will become more fixed.
It would also be hard to trade CBDC due to the technical nature of it, it is basically trackable money. How are you gona trade that? every coin cannot undergo 10 000 transactions via trading, it would require too much data to keep track of it and it's different owners. And the reward would be to little in comparison to ordinary work.

So you cannot work your way out of it(due to work hour regulations), you cannot trade your way out of it(due to technical aspects) and you cannot save any other physical asset in significiant amounts(due to surveillance and regulations). So basically there won't be any opportunity, it will resemble the system in China to a great extent or the old east Germany system.
This is just my opinion ofc, i am seriously hoping im wrong.
One got to watch the dollar.
You have an IQ lower than 90 if you interact with this user.
  • #109,115
  • May 25, 2023 6:50am May 25, 2023 6:50am
I think your right. Once China takes over all countries around the world will follow China's lead america will be a second rate country. Who would want to be apart of a second rate country people will leave for the new leader of the World and dictate just like the US did after WW2. I could be wrong.. Its all we know so far the future is not written yet. I would like Gators take on it though he is very smart.
  • #109,116
  • May 25, 2023 6:52am May 25, 2023 6:52am
Quoting q_import
{quote} It only has to do with Foreign Nationals not US citizens.. There is a older law that takes property away but only in time of declared war not proxy wars. My understanding so far is that if your a US citizen it does not apply.. Its just asking Foreign Nationals to declare assets of houses and people from other countries if I was a exchange student or worker from another country I could buy a house not 15 houses. That is my understanding if I was in the UK or Sweden I could buy a house just as Foreign nationals could buy a house but I would...
I'm sure you guys are both more knowledgeable than me in these issues. I work nights shifts 60-70 hour/week so i don't really have time to catch up.
But this is the overall picture i see, i know alot of politicians, so i know how things are done. Most stuff is sneaked in, and most stuff nobody know where it originally came from. 99,9% of temporary laws become permanent, a majority of laws motivated by "security" is actually about something else and establishing more control.
The biggest trouble is that no senseless law gets removed.
You have an IQ lower than 90 if you interact with this user.
  • #109,117
  • May 25, 2023 6:54am May 25, 2023 6:54am
We make everything about laws with a big boss to enforce them. Even laws of nature with God as the big boss. There are no laws of nature. We invented systems of measurement and used them to declare laws of nature. More like laws of measurement.
  • #109,118
  • May 25, 2023 6:56am May 25, 2023 6:56am
Quoting q_import
I think your right. Once China takes over all countries around the world will follow China's lead america will be a second rate country. Who would want to be apart of a second rate country people will leave for the new leader of the World and dictate just like the US did after WW2. I could be wrong.. Its all we know so far the future is not written yet. I would like Gators take on it though he is very smart.
China will never take over. They aren't even a super power. China is circling the drain and will collapse as a country. They face to many country killer issues including demographics which can't be hand waved away.
  • #109,119
  • May 25, 2023 7:13am May 25, 2023 7:13am
Quoting charlienoble
{quote} China will never take over. They aren't even a super power. China is circling the drain and will collapse as a country. They face to many country killer issues including demographics which can't be hand waved away.
https://www.aspi.org.au/report/criti...nology-tracker
I dont think so.. credit should be given where credit is due. They are not helpless china is in play in a major way..
  • #109,120
  • May 25, 2023 7:31am May 25, 2023 7:31am
Quoting q_import
{quote} https://www.aspi.org.au/report/criti...nology-tracker I dont think so.. credit should be given where credit is due. They are not helpless china is in play in a major way..
I disagree. A superpower can project devastating nuclear or conventional force anywhere in the world at a moments notice. China can do neither of these things. They can't even project regional military might. Their very large navy of tug boats can't make it past Vietnam without having to return home. They are entirely dependent on globalization which is coming to an end. They import 80% of their energy with a very large portion of it coming from a pipeline in the Indian ocean basin which they can't protect. They are the most vulnerable country on the planet.
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