foto... I would reply at length, but the
is watching.
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EurAnalysis Kindergarten 24 replies
DislikedMan that flattered me a lot. Thanks for that. As I dont want to mislead you, I will introduce myself further.
I am only bachelor in economics and I am still learning. Learning macros for five years now, but I still see it as too few. Thats why I debate here, because I want to evolve. And I think I will never stop evolving as this science is unfinished so I can spend my whole life evolving not only myself, but evolving macroeconomics as a science.
T.Ignored
DislikedI see on the market - big deals. Likely to buy futures traders actively. The only thing that worries me - it's 1,381 to 1,383 - it may be resistance.Ignored
DislikedI never even had an economics course in high school so you're way ahead of what I have taught myself.Ignored
DislikedThere were a few questioning why the increase in PPI was not reflected in CPI.
Here is the Bureau of Labor Statistics (BLS) explanation of how they differ http://www.bls.gov/ppi/ppicpippi.htm
The bottom line is the CPI is used for wage increases and cost of living increases and is 'manipulated and tweaked' to give the lowest increase possible. Taking this into consideration, the PPI would be a better indicator of inflation than the CPI.Ignored
Dislikedbest way to learn is to tell us we are wrong. Or at least that is exactly the way I learned.Ignored
DislikedThanks for that, Spzd. It certainly clears up the confusion and concern inferred in my previous post.Ignored
DislikedPT
ah, sucks, I thought I was going to slip a bit of China debate in here when you weren't looking.
TDT -- this is the link to the article about the law in the US senate.
http://www.forexfactory.com/news.php...25#post5023944Ignored
DislikedI come back home, and what I see? That my luck is way bigger than my skillsIf I was able, I'd exit this trade few times already.
Oh, but wait, now i have a dilemma... Take profit or let it run (cannot scale out, it's my minimum bid already).... Lets sit to analysis. Perhaps back it up with a coin tossIgnored
DislikedIf there's only one thing I've learned in this business, it's to book my profit while it's there in front of me.
I could have taken a nice short today but because I had stuff to do and couldn't babysit it, I stayed out and lived to fight another day.
If I had a trade like yours going right now, I would at the very minimum book 50% of the profit with a stop loss, but I would probably take it all now. The end of the NY session is effectively here. Not much gonna happen until Asia now and that's usually when they dump truckloads of USDs
Just my thoughts...Ignored
DislikedNot much gonna happen until Asia now and that's usually when they dump truckloads of USDsIgnored
DislikedThat's a good point! Thanks PT for you opinion
I will attempt to wait a little bit (but gonna quit before Asian open - who knows what they will do?) and try to catch some local dip. Worst case scenario, my profit will be few pips less... It is still great that the pips are greenIgnored
DislikedI don't know about that. It sounds more like it's the best way to make myself sound dumber than I already am. LOLIgnored
DislikedThere were a few questioning why the increase in PPI was not reflected in CPI.
Here is the Bureau of Labor Statistics (BLS) explanation of how they differ http://www.bls.gov/ppi/ppicpippi.htm
Ignored