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- SpacyTrader replied May 30, 2013
Partimage is a bit more user friendly.
- SpacyTrader replied May 27, 2013
Make a man a fire, you keep him warm for a day. Set a man on fire, you keep him warm for the rest of his life.
- SpacyTrader replied May 26, 2013
I dunno when he saw that 50 or 100 pip spread on EURUSD. I think I would have noticed such an abomination. They used to have 20 pip spread max on news. Nowadays the most I've seen is 10.
- SpacyTrader replied May 23, 2013
True. It would have been better to trade down from 1.32 all this time. The question then is if he would be better of taking a loss now and then or holding small positions in draw-down for months before closing in profit. That depends on his ...
- SpacyTrader replied May 23, 2013
400 pip drawdown... Yeah, that kind of trading can be problematic long term. But it also depends on his trade size.
- SpacyTrader replied May 23, 2013
I agree. It'll probably make at least a double top at 1.37 before going down. Probably higher. Still we're looking at months in the future for that.
- SpacyTrader replied May 23, 2013
Yeah. And people are afraid of free market capitalism. It's central planers like this one that scare the living shit out of me.
- SpacyTrader replied May 23, 2013
Yeah. Two options there- either he was chosen cause he's clueless in his Keynesian beliefs or he just enjoys pushing buttons, central planning the entire US economy for his banking buddies and that's all he cares about.
- SpacyTrader replied May 23, 2013
Yeah. The assholes might just be sadistic enough to do that, but I dont believe in the long run they're gonna let the economy adjust through a sharp recession.
- SpacyTrader replied May 23, 2013
They started the currency expansion right away. 1929 brought the currency supply back down with bank runs and defaults and then the government created the great depression by refusing to allow prices and wages to adjust and further crippling a weak ...
- SpacyTrader replied May 23, 2013
That's cause nobody actually believed him.
- SpacyTrader replied May 23, 2013
Hope it's red. That means more currency debasement guaranteed - what everybody wants.
- SpacyTrader replied May 23, 2013
News in a couple min. That should get things going.
- SpacyTrader replied May 23, 2013
url The Fed balance sheet was still rising steadily before Lehman. Then all it took to bring the house of cards down was a rise in interest rates.
- SpacyTrader replied May 23, 2013
The Fed can't stop the QE. The US deficit is 1.1 trillion and the debt about 17 trillion. The lies of the Fed aside, the actual purpose of QE besides supporting the banks is to monetize the debt. The US government can't afford to pay normal interest ...
- SpacyTrader replied May 22, 2013
Yeah. It's a bit scary catching falling knives like that.
- SpacyTrader replied May 22, 2013
Grr- conditions were indeed met. My rules got so convoluted it gets confusing.
- SpacyTrader replied May 22, 2013
Yeah well- thanks but I think it's the right fit for my strategy. More problematic is that I just realized not all my entry criteria were actually met so exited with a few pips. Waiting a few more days I guess.
- SpacyTrader replied May 22, 2013
I don't see that as a problem since I'm looking for a couple hundred or more.