Read the entire market, money is made on the main trend not the fluctuation
- #944,061
- Dec 16, 2014 6:29am Dec 16, 2014 6:29am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
- #944,062
- Dec 16, 2014 6:29am Dec 16, 2014 6:29am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #944,064
- Dec 16, 2014 6:31am Dec 16, 2014 6:31am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #944,067
- Edited 6:46am Dec 16, 2014 6:34am | Edited 6:46am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #944,069
- Dec 16, 2014 6:36am Dec 16, 2014 6:36am
{quote} yeah... that's the life... the world is playing it like bernard madoff...everyone want to get their bonus profit, +$$$$$$ for everybody and -$$$$$$ for nobody is what every stupid guys wants (the life itself is already overcomplicated); but... the reality is they created monsters, they lost the control of it...QE doesn't work, it has never worked, the fact is it can't work for everyone... it's only showing human & economics limits, QE is only a last resort idea, just to retard the inevitable...that's what happens on a world full of inegalities,...
we know qe is a hell for the country which force the country to 'steal' their people money by devalue it. yes we cant deny that poor people are getting poorer than before after qe in account of devalued their money. anw, let say poor unemployed people has 500 euro. by qe, the eur is getting low by their real ammount say he can buy 2 smart phones with 500 euro now but because devalue, his 500 euro only able to buy 1 atm. aside from poor people, let say there's a rich guy with 50 000 euro. that rich guy is a lazy guy who want earns by doing nothing (keep on the deposit by interest rate% 50 000 can make quite high return). now there's a policy of negative depo rate (in fact there's happening right now in europe). the poor guy can't earn anymore by doing nothing. in fact, his money is decreasing time to time. he needs cash out the 50 000 eur now. so what these guy are trying to do? keep the money below the pilow and hoping for its duplicate itself to earn? i dont think so. differ from the poor people, which only has 500 eur. all he can do is nothing, if he put it on the bank, he will get his money decreasing. if he put while the rate is positive, he can only earn small amout and of course cant do for a living. now, the point is still in inflation. positive rate turns many people become lazy and just put the money on the bank. no capital around to support the inflation. same thing as negative rate, the data shown by europe now pretty much reflect the failure of inflation upward. so what next thing to do? without qe all the poor and rich people are dead end. with qe, there's a chance to rich people to cash out their money from the bank to spur the jobs and final result, poor people could earn too till some period of time
edit: hence, the inflation is on the go, the end of the story
- #944,070
- Dec 16, 2014 6:41am Dec 16, 2014 6:41am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #944,071
- Dec 16, 2014 6:42am Dec 16, 2014 6:42am
I guess RCB and all other EM central banks are selling USD reserves like crazy to protect their currencies. Once they stop it is going to be a free fall and as for EUR/USD we should zoom past 1.20 without much trouble. The big question is where is the top? 50% FIB retracement? Probably not, most likely will visit 1.26xx before that, unless FOMC will crush the bulls party tomorrow
- #944,072
- Dec 16, 2014 6:44am Dec 16, 2014 6:44am
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- #944,073
- Dec 16, 2014 6:44am Dec 16, 2014 6:44am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #944,075
- Dec 16, 2014 6:51am Dec 16, 2014 6:51am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #944,076
- Dec 16, 2014 6:51am Dec 16, 2014 6:51am
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- #944,078
- Dec 16, 2014 6:53am Dec 16, 2014 6:53am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
stop at BE, trying for 2528
Hero calls followed by margin calls...
- #944,080
- Dec 16, 2014 6:54am Dec 16, 2014 6:54am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!