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Cable Update (GBPUSD)

  • #842,561
  • Oct 19, 2024 11:26am Oct 19, 2024 11:26am
Quoting Bones
{quote} you don't have the never option {image} {image}
I don't know why you harp about debt so much since its so pointless

below is an example of % debt to GDP and japans debt is 2.5 times more than britains and it still beats your country in pretty much every metric

Japan with a GDP of $5T ranked the 3rd largest economy in the world, while the United Kingdom ranked 5th with $2.9T

https://georank.org/economy/japan/un...20respectively.

america can double our debt to japans level and still kick everyone else's ass to the curb

The average GDP for fiscal year 2024 was $28.65 T, which was less than the U.S. debt of $35.46 T. This resulted in a Debt to GDP Ratio of 124 percent.

when we raise taxes on the 1% ers our ratio will fall to 100% which is more than adequate to avoid default or conspiracy theorists armageddon
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short trump and go long the deepstate
  • #842,562
  • Oct 19, 2024 11:30am Oct 19, 2024 11:30am
Quoting Nordling
{quote} Money is an unlimited resource, governments will keep printing and lending it. It's we, normal people that pay the price for it and go broke, not the governments unfortunately They will just keep raising the debt ceiling. I think we should leave Keynesianism for good before we start working for one loaf of bread daily.
No, its not unlimited
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #842,563
  • Oct 19, 2024 11:30am Oct 19, 2024 11:30am
Quoting Bones
{quote} {image}
Yep sadly government doesn't see a problem when middle and lower class gets poorer and poorer everyday...
You have to have an IQ higher than 90 to interact with this user.
  • #842,564
  • Oct 19, 2024 11:37am Oct 19, 2024 11:37am
Quoting Nordling
{quote} Yep sadly government doesn't see a problem when middle and lower class gets poorer and poorer everyday...
its worse than that because it has to blow up, printing money is printing inflation the day you do it, you can't print money without sending rates to 0%
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #842,565
  • Oct 19, 2024 11:49am Oct 19, 2024 11:49am
Quoting Zebi
{quote} I don't know why you harp about debt so much since its so pointless below is an example of % debt to GDP and japans debt is 2.5 times more than britains and it still beats your country in pretty much every metric {image}
Japan has twice the population of the UK. You can't use Japan's debt as a US target; it's an outlier and also a major ticking time bomb on debt.
Read the gold chart and let me know why it's doing that right now.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #842,566
  • Oct 19, 2024 11:56am Oct 19, 2024 11:56am
the lower the interest rate, the lower the growth
right now, the US grows on reserve currency status abuse
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #842,567
  • Oct 19, 2024 1:03pm Oct 19, 2024 1:03pm
Quoting Nordling
{quote} Money is an unlimited resource, governments will keep printing and lending it. It's we, normal people that pay the price for it and go broke, not the governments unfortunately They will just keep raising the debt ceiling. I think we should leave Keynesianism for good before we start working for one loaf of bread daily.
Or like the young Japanese, they worked hard but cannot get laid
More time in the market, does not mean you trade better!
  • #842,568
  • Oct 19, 2024 1:07pm Oct 19, 2024 1:07pm
Quoting Bones
the lower the interest rate, the lower the growth right now, the US grows on reserve currency status abuse {image}
Saw a fed members said he sees no problem with yuan becoming the global reserve currency. Pretty sure it will have adverse effect on the US financial system, but US silicon valleys will always attract hot money. It will hold the US tech equities for the time being.
More time in the market, does not mean you trade better!
  • #842,569
  • Oct 19, 2024 1:11pm Oct 19, 2024 1:11pm
Quoting Zebi
{quote} I don't know why you harp about debt so much since its so pointless below is an example of % debt to GDP and japans debt is 2.5 times more than britains and it still beats your country in pretty much every metric Japan with a GDP of $5T ranked the 3rd largest economy in the world, while the United Kingdom ranked 5th with $2.9T https://georank.org/economy/japan/un...20respectively. america can double our...
With US ranked 1st, shouldnt it be other country use US as a benchmark, or the US used a shittier country to make itself appears better. This is usually first sign of falling giant.
More time in the market, does not mean you trade better!
  • #842,570
  • Oct 19, 2024 1:33pm Oct 19, 2024 1:33pm
Quoting Fardeen1209
{quote} With US ranked 1st, shouldnt it be other country use US as a benchmark, or the US used a shittier country to make itself appears better. This is usually first sign of falling giant.
Indeed the US is a falling giant but it is a long way down for this giant. By the time the giant is down there will be loads of smaller giants dead and buried
If you think you can or cannot do it you are correct
  • #842,571
  • Oct 19, 2024 1:43pm Oct 19, 2024 1:43pm
Quoting Olu
{quote} Indeed the US is a falling giant but it is a long way down for this giant. By the time the giant is down there will be loads of smaller giants dead and buried
Whos dead or buried bring no bucks, real money is on India and China.
Pouring thousands to get millions in 20years.
More time in the market, does not mean you trade better!
  • #842,572
  • Oct 19, 2024 2:38pm Oct 19, 2024 2:38pm
[quote=Bones;15034062]{quote} its worse than that because it has to blow up, printing money is printing inflation the day you do it, you can't print money without sending rates to 0%
Money is truly unlimited, you see money is in a circle, so if you can understand the circle where the money is presently and you understand the circle definitely you'll achieve from the circle
  • #842,573
  • Oct 19, 2024 2:52pm Oct 19, 2024 2:52pm
Quoting Nordling
{quote} Oh sorry man i haven't seen this post. Now that Bones mentioned it i just saw it. Well US retail sales was the first news i have traded in my new account. It treated me good {image} I don't post my take on news reports anymore though, i am afraid Ferna's paranoid thoughts are passed on to me Whenever I post how i do it, i feel like the win rate goes down
Really?
It's always good to share your thoughts and do your mind
  • #842,574
  • Edited 11:17pm Oct 19, 2024 10:33pm | Edited 11:17pm
Checking usdx pa broken limit up , got life from zero to hero probable , bounce correction in bull set up still and though under resistance the minimum so top next for real decision making at 105.50 , probably non stop. So far looks no weakness to have 2 legs up there so may in one leg up still and strong chance! . Asper weekly tf.
In daily tf there remains a correction before test 104 , this week Dow to continue while others may up correct to down continue eurusd and gbpusd!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #842,575
  • Edited 1:43am Oct 20, 2024 12:52am | Edited 1:43am
Quoting Fardeen1209
{quote} You guys do really love stalking each other. The fun fact is some members here still get triggered by your post not meant for them even after they ignored you
Not sure what you mean there Fardeen but it was obvious Ferna was part of team Nubcake lol.
Just making the point that once Nubbie left Ferna did too
Don't Leave Money on the Table
  • #842,576
  • Oct 20, 2024 1:00am Oct 20, 2024 1:00am
Quoting Pat Chiko
{quote} Wow..........Harris and affiliated committees have raised more than $1 billion since she entered the race ? That's double than Trump. I think she can win easy on this. P/s Can you ask Kamala to spare change me like USD100million. I want to buy several lambo model

She didn't raise 1 billion dollars, like Biden she's a puppet of the globalists and it's in their best interests to get her in the Whitehouse to continue the destruction of the once great America.
They'll use every slimy trick in the book to get her in, already voting machines in Georgia are changing peoples votes from Republican to slimy democrat
Don't Leave Money on the Table
  • #842,577
  • Oct 20, 2024 1:05am Oct 20, 2024 1:05am
Quoting KareemAliFx
Holding EU buys for the weekend . Didn’t trade today was busy sadly but would lost money anyway as I wanted to sell eu earlier ! Anyway looks like the sell off this week is done and next week I’m bullish EU! Have a good weekend all

Euro was strong Friday and against Cable as well, once Cable pumped on news it was sold off against the Euro as EG bought of 0.8295
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Don't Leave Money on the Table
  • #842,578
  • Oct 20, 2024 1:09am Oct 20, 2024 1:09am
Quoting trumps
{quote} That's not the edge Headland is talking about Zeb. His edge is identifying repeating patterns in conjunction with support and resistance and multiple analysis etc, that produce high probability winners. I would imagine it takes a lot of work and a highly analytical mindset, to firstly identify these specific criteria patterns that produce more winners over an extended historical time period. I imagine it would then take more work, patience, and emotional control to continue executing this 'edge', waiting for all criteria to align, before...

Zebi doesn't know the difference between your average retail trader and a guy who worked for banks in their forex department.
The moment I first saw Headland's posts knew immediately he was once a prop(proprietry) trader.
Some people are just too stupid to recognize this
Don't Leave Money on the Table
  • #842,579
  • Edited 4:34am Oct 20, 2024 1:38am | Edited 4:34am
Quoting Zebi
{quote} come on bones..you gonna quote a pothead to help make your case? ill give you a heads up bones...short musk and go long bezos on the rocket competition cause musk gona lose all his government contracts and they gona go to bezos

No one has ever done what Elon Musk has done in the space arena, he's change it for the better in everyway and brought down the cost of getting to space significantly with his reusable boosters. Reusable Boosters was revolutionary, no one ever thought of that until Musk came along, other space companies were happy to continue making getting into space more expensive every year.

Space X launch history

Falcon One 5 Launches
Falcon Nine 395 Launches
Starship 5 test launches

Blue Origin launch history
Mostly New Shepard 33 Launches

Space X has launched over 12 times the amount of launches Bezo's company Blue Origin have done plus they have a huge NASA budget to develop Starship so Elon is streets ahead of anything Bezo is doing.
Starship will be used to ferry astronauts down to the moon from the Moon orbiting space station(who knows when that'll happen seeing as nasa doesn't do anything of note these days)

Buy it's just awesome these guys are putting money into space rather than doing the same old thing that's always been done by Billionaires.

Elon "I'm going to land on Mars by 2029"
Zuckerberg "I've just bought a 300 million dollar yacht" With 4 massive diesel engines producing 1000 lifetimes of CO2 per year then tells people they must do with less to save the planet!

52 years and counting since Nasa last put men on the Moon, just disgraceful

JFK's famous Moon speech at Rice University sports ground " We choose to go to the Moon, We choose to go to the Moon, We choose to go to the Moon in this decade and do the other things not because they are easy but because they are hard!"

Nasa since 1972 "We choose to frig around in LEO(Low Earth Orbit) and do the other pathetic things not because they are hard but because they are easy"

Nasa has been pissing on JFKs legacy for over 50 years now since Apollo 17 splashed down in 1972
Don't Leave Money on the Table
  • #842,580
  • Oct 20, 2024 1:49am Oct 20, 2024 1:49am
Quoting Bones
{quote} Japan has twice the population of the UK. You can't use Japan's debt as a US target; it's an outlier and also a major ticking time bomb on debt. Read the gold chart and let me know why it's doing that right now.

Yes and Japan has been in a 30 year recession since 1990 known as the 'Lost Decades"and slowly working their way out of it. Precipitated by an asset price bubble collapse in 1990
https://en.wikipedia.org/wiki/Lost_Decades
Don't Leave Money on the Table
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