{quote} HODA and eyefeelsix are my best buddies here. This time, I go with eyefeelsix as your chart coinsides with mine.
good trading Boss
People don't plan to lose. They lose because they don't plan.
Cable Update (GBPUSD)
- #789,141
- Nov 9, 2023 11:51am Nov 9, 2023 11:51am
- Joined May 2021 | Status: Trader | 7,225 Posts
good trading Boss - #789,142
- Nov 9, 2023 11:51am Nov 9, 2023 11:51am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} thanks hoda for your input, here's my reason why I'm so confident to holding my short positions even though I survived in a state of tossing and turning{image}
People don't plan to lose. They lose because they don't plan.
- #789,143
- Nov 9, 2023 11:52am Nov 9, 2023 11:52am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Since the US moved off of the gold standard it has been obvious that the US debt would never be repaid. The only question is what replaces the current system and when? How long will the planet allow the US debt to simply grow?
A systematic breakage at all levels before USA can ever make it to 2026.
Putting into perspective.
How much interest on repayment
Interest payments on the $33.7 trillion in US national debt is now annualized at over $1.0 trillion per year.
This is the 2nd largest item in the budget, behind only social security. Interest on the debt is now more than Defense.
With $6 trillion in debt maturing in the next 12 months, much of that old debt at 1% to 2% rates will have to rollover and be refinanced at the current rates of 5%. 12 months from now, if rates are 5% or higher, we will likely be paying $1.3 trillion per year in interest on the debt.
If the debt grows to $40 trillion within 2 years and it all gets refinanced at 5% or higher, interest payments on the debt could be $2 trillion per year by 2026.
How much income US have (income)
All personal income taxes collected in the USA is only about $2.5 trillion per year.
Total government revenue from all sources is around $5 trillion per year.
The only way is to steal from US citizen retirement accounts,
In pretext that, they (US Govt) will take the accounts with a promise of a future check.
The other way is up the at least 80% taxes...
He knows all......
And the best of all, Bidenomics has been funding 2 wars and got USA into this mess.
Lastly, I don't see a way out of this without tearing USA apart.
Continually raising taxes and devaluing the dollar will destroy what remains of the middle class.
Cutting benefits will anger those addicted to government handouts.
Even those who are rich in paper (unrealized gains) can lose everything.
Hyperinflation, bank defaults, job losses, etc. will lead to poverty, anger, and desperation.
And desperate men do desperate things.
Well guys,...................... it was fun while it lasted.
2026
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #789,144
- Nov 9, 2023 11:53am Nov 9, 2023 11:53am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #789,145
- Nov 9, 2023 12:03pm Nov 9, 2023 12:03pm
- Joined Aug 2021 | Status: Trader | 2,503 Posts
{quote} perfect low risk entry
Cheers 
https://breakpullback.com- #789,146
- Nov 9, 2023 12:03pm Nov 9, 2023 12:03pm
- Joined May 2022 | Status: Trader | 8,010 Posts
{quote} Default is inevitable. A systematic breakage at all levels before USA can ever make it to 2026. Putting into perspective. How much interest on repayment Interest payments on the $33.7 trillion in US national debt is now annualized at over $1.0 trillion per year. This is the 2nd largest item in the budget, behind only social security. Interest on the debt is now more than Defense. With $6 trillion in debt maturing in the next 12 months, much of that old debt at 1% to 2% rates will have to rollover and be refinanced at the current rates of...
wow...wallstreetsilver a bigger bearish nut than tyler durden at zerohedge LOL
thanks ill read this guy for amusement tonight
https://twitter.com/WallStreetSilv/s...72013757353987
short trump and go long the deepstate
- #789,147
- Nov 9, 2023 12:03pm Nov 9, 2023 12:03pm
- Joined Oct 2020 | Status: Trader | 14,004 Posts
Insane in the Brain..
- #789,148
- Nov 9, 2023 12:04pm Nov 9, 2023 12:04pm
- Joined Jun 2013 | Status: Trader | 14,535 Posts
Not sure how long the support will hold. i start shorting based on 1h short 1.2281
- #789,149
- Nov 9, 2023 12:06pm Nov 9, 2023 12:06pm
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Hi scala, how many cigarettes do you smoke in one day
about 10 People don't plan to lose. They lose because they don't plan.
- #789,152
- Edited 12:26pm Nov 9, 2023 12:10pm | Edited 12:26pm
- Joined Aug 2022 | Status: Trader | 4,859 Posts
- #789,154
- Nov 9, 2023 12:12pm Nov 9, 2023 12:12pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} GU fire the rocket.
GU
Dayummm......
Stopped Out
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #789,155
- Nov 9, 2023 12:13pm Nov 9, 2023 12:13pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #789,156
- Nov 9, 2023 12:13pm Nov 9, 2023 12:13pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Yeah i wonder what's going on
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #789,157
- Nov 9, 2023 12:13pm Nov 9, 2023 12:13pm
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} GU Dayummm...... Stopped Out
People don't plan to lose. They lose because they don't plan.
- #789,158
- Nov 9, 2023 12:14pm Nov 9, 2023 12:14pm
- Joined May 2022 | Status: Trader | 8,010 Posts
i should be goin long GU here but will force myself to stick to my plan of buying todays close if over 2300
i dont want to make decisions off a 15 min or hourly chart when my analysis off a weekly chart...lots of time to join the push to 2700
i dont want to make decisions off a 15 min or hourly chart when my analysis off a weekly chart...lots of time to join the push to 2700
short trump and go long the deepstate
