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Skracor247 commented Feb 12, 2020Whew! If we dive into the debt discussion we will be here for a long time... I think it can strengthen. Because the FED mandate is price stability they will always be there to purchase Gov't issued debt. And they are there to back our banks to ...
Powell: The Semiannual Monetary Policy Report to the Congress
- Skracor247 commented Feb 12, 2020
It means the USD will continue to strengthen. As long as they leave the Balance Sheet where it is... They may be trying to support our other trade partners. If they would lower the interest rates and start any kind of QE all the other nations that ...
Powell: The Semiannual Monetary Policy Report to the Congress
- Skracor247 commented Feb 12, 2020
He said they want to stop supporting the Repo market, but they cant' until the market stabilizes... Time for the banks to start making the hard decisions that will allow them to stay open WITHOUT the FED's continual support. Looks like the Balance ...
Powell: The Semiannual Monetary Policy Report to the Congress
- Skracor247 replied Feb 9, 2020
Yes, while their economy is not growing, this points to more Easing in the future. Currently however it seems they are about tied as far as easing and interest are concerned as far as a comparison to the EU. In my thinking, they are about tied in ...
Pivot Trading
- Skracor247 replied Feb 9, 2020
I see EUR/JPY as the Weakest/Strongest pair in the Yen book. Sell EUR/JPY until the coronavirus outbreak peaks and a little beyond until the full damage to the Chinese economy is known. They will have a correction as there is pent up demand in ...
Pivot Trading
- Skracor247 replied Feb 9, 2020
Great post! This can also be explained in a chess analogy. You can reasonably predict the next move or two of your opponents using these same techniques. However, the farther into the future you are predicting the less accurate your predictions ...
Pivot Trading
- Skracor247 replied Feb 6, 2020
I agree. Being in the market every day is important for your growth as a trader. Just like any other skill, trading is developed by practice.
You Already Know How to Trade! (Supermarket Deals)
- Skracor247 replied Jan 30, 2020
We have all heard of the dangers of the Martingale System. If you don't know what that is DON'T look it up. You could, however, reverse that 'averaging down' thinking to increase the profits of your winners. Instead of adding to your positions as ...
You Already Know How to Trade! (Supermarket Deals)
- Skracor247 replied Jan 29, 2020
Yeah, last USD/CHF update. I want to talk about maximizing profit next. image
You Already Know How to Trade! (Supermarket Deals)
- Skracor247 replied Jan 24, 2020
Nothing wrong with being mostly right. I hope I have been a benefit to you frustrated traders out there. Keep going and learning you will make it. Don't be discouraged even after 10 years of failure. image
You Already Know How to Trade! (Supermarket Deals)
- Skracor247 commented Jan 23, 2020
At 2% mortality rate if this does spread to millions... I know it depends on the virulence of the bug but that is two in a hundred. That is 2mil per 100mil that means(if everyone gets it) China is looking at 20 million deaths or more. Most of those ...
World Health Org doesn't declare international virus alarm
- Skracor247 replied Jan 23, 2020
EUR/CAD idea floating in my head. image image
You Already Know How to Trade! (Supermarket Deals)
- Skracor247 replied Jan 23, 2020
I think everybody gets the idea. If there are any more questions I will answer them to the best of my ability. Good trading to you all.
You Already Know How to Trade! (Supermarket Deals)