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- laszlo-1 commented Jan 20, 2016
The levels at this point are important! The price to go up or down is 50-50%. But a long trend to turn on historical support/resistance is statistically 50+%. Now that the 2010 support is broken, the next is around 1.35. From here to reach that ...
The turn of the year - speech by Mark Carney
- laszlo-1 commented Jan 19, 2016
We are below that already. The closest bottom is in 2008, which was 1.35. Between 2000-1 the range was 1.4 - 1.5. March 1983 bottom 1.072. (At least on my chart.) To turn up serious institutional (MM) buyers should show up on the horizon. But now ...
The turn of the year - speech by Mark Carney
- laszlo-1 replied Jan 3, 2016
You argued and provided proof that SL and hedging mathematically produces the same result. And I agree with this. If both of your statements are true, then hedging should do the same. However, re-quote myself: "Mathematically looks the same, but ...
Hedging is it really useful?
- laszlo-1 commented Dec 31, 2015
That means, the H cell produces electricity so the car is electronic and runs on the same voltage as the house. Every transformation reduces the efficiency of the final usage. By the way it is possible to power a house with a generator, which uses ...
Saudi Arabia won't stop pumping oil, says minister
- laszlo-1 commented Dec 31, 2015
This sounds good in theory. BUT Hydrogen does not exist as a source of energy. It is a medium, like a (rechargeable) battery. First it has to be produced, than stored, which is not as easy as carrying gas in a can or tank, and it is a lot more ...
Saudi Arabia won't stop pumping oil, says minister
- laszlo-1 replied Dec 30, 2015
Mathematically looks the same, but gambling is not about that. With sl players keep loosing. Hedging gives an opportunity to move the bet away. Or play an other range. Illustrating how to win in a losing game is not correct. Hedging is to stop ...
Hedging is it really useful?
- laszlo-1 replied Dec 30, 2015
There is no edge in gambling. Only luck. The holly grail doesn't exists, but fortune.
Is Forex trading worth it? If so, why?
- laszlo-1 commented Dec 23, 2015
But not in our lifetime.
Oil price falls to 11-year low with global glut expected to grow in 2016
- laszlo-1 commented Dec 23, 2015
The barrel is a measurement unit. (If you wanted to buy in it, there was a deposit.) It is like 1 once of gold is $1060 and asking: "I wonder how much does the once cost?"
Extreme Oil Bears Bet on $25, $20 and Even $15 a Barrel in 2016
- laszlo-1 replied Dec 22, 2015
quote: I know only my story, where SL was used against me. Lost $30, 2 weeks later it had been in $600 profit. Defining the game as mathematical mislead me. Ones I started to see it as ideological gamble my mindset changed. As soon I enter a bet, ...
Hedging is it really useful?
- laszlo-1 replied Dec 13, 2015
It can be true, or not. I know only my story, where SL was used against me. Lost $30, 2 weeks later it had been in $600 profit. Defining the game as mathematical mislead me. Ones I started to see it as ideological gamble my mindset changed. As soon ...
Is Forex trading worth it? If so, why?
- laszlo-1 replied Dec 13, 2015
That was not the essence of my comment. Neither was an advise. (And this tread is not about hedging vs. SL either.) I only mentioned what I think can work safer for me. (Reminde you the ~95% rate of losers with any method.) "Proper" risk management ...
Is Forex trading worth it? If so, why?
- laszlo-1 commented Dec 11, 2015
That is not the logic behind it right now. Just think! Oil was $150, now it is 35. Where is the correlation to the usd?
Crude Crashes 15% Post-OPEC To $35 Handle
- laszlo-1 commented Dec 11, 2015
What a BS article! The author probably didn't trade much on his own, and he has a good excuse for that:-)
Common excuses made by traders and why they are so dangerous
- laszlo-1 replied Dec 10, 2015
That's why 95% lose! People strongly deny the fact, that this is a game of luck. It starts with the wrong mindset of identifying oneself as trader. We don't trade in forex, as long as we use leverage. We bet on the movement of an instrument. Put ...
Is Forex trading worth it? If so, why?
- laszlo-1 commented Sep 30, 2015
That is a preliminary of higher and more taxes.
Carney warns of risks from climate change 'tragedy of the horizon'
- laszlo-1 commented Sep 30, 2015
What is the reason you think so? E/U wasn't there since January.
ADP: Private Sector Employment Increased by 200,000 Jobs in September
- laszlo-1 commented Sep 7, 2015
Stop importing Chinese trash!
China Tells World's Top Economies Its Turmoil Is Set to Subside
- laszlo-1 commented Sep 7, 2015
Finally there will be an end to the garbage producing "economy".
China Market Volatility Nearing End, Says Central Bank Official
- laszlo-1 commented Sep 4, 2015
That's not quiet true. Lira wasn't denominated since 1861. Almost all countries monies were, after the one in use inflated close to nothing.
Draghi: Too soon to conclude inflation outlook deteriorating