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raklian commented Nov 4, 2022You're not on the Fed board, so you absolutely have no idea what they're going to do next.
Fed’s Collins: Still open to 75-basis-point hikes if needed
- raklian commented Nov 4, 2022
China, not a good look for you when you keep up with the drumbeat of invading Taiwan.
China Xi: As Big Nations With Influence, China And Germany Should Work Together To Make A...
- raklian replied Nov 4, 2022
Because of the slight uptick in US unemployment %. There's a greater chance the Fed will ease the tightening if next week's CPI is weaker.
Cable Update (GBPUSD)
- raklian commented Nov 2, 2022
Powell has always been a hawk. He's just staying true to his roots. lol
Fed's Powell: It Is Very Premature to Be Thinking About Pausing
- raklian commented Nov 2, 2022
No, they're basically signaling it could go either way depending on economic and inflation data in the months to come.
Fed Hints at Possible Slower Pace of Rate Increases; Fed Will Monitor Economic and Financial...
- raklian commented Nov 2, 2022
It doesn't hint at slowing the pace of hikes. It could also be interpreted they may hike more aggressively if the economic activity and inflation heat up.
Fed Hints at Possible Slower Pace of Rate Increases; Fed Will Monitor Economic and Financial...
- raklian commented Nov 2, 2022
More or less within expectations.
Federal Reserve issues FOMC statement
- raklian commented Sep 25, 2022
How is eastern Europe countries wanting to join NATO to protect themselves from Russia a threat? It's not like NATO coerced them into joining. It's only a "threat" to Putin's goal to resurrect USSR.
Biden adviser: US will ‘respond decisively’ if Russia uses nuclear weapons
- raklian replied Sep 18, 2022
No, that strategy won't make you profitable in the long run. From your perspective, there are trends and there are periods of ranging/consolidations, but you have no way of predicting when they begin and end. You may make money following major ...
Why it is possible to predict price movement?
- raklian replied Sep 17, 2022
The market is a probability distribution curve with respect to achieving a certain amount of return with a given level of risk. Over a long enough time horizon, any profits we make is met with equal amount of losses (plus trading commissions/fees). ...
Why it is possible to predict price movement?
- raklian replied Sep 17, 2022
If most people struggle to be profitable, the market cannot be said to be predictable. Instead, it's largely random, with supply & demand intervening when we least expect them to. Humans don't have the foresight to predict those changes to ...
Why it is possible to predict price movement?
- raklian commented May 19, 2020
Only morons would buy this. It's not like they know people get infected by transmission via the face.
This $1K copper jacket is designed to kill viruses and bacteria
- raklian commented Apr 16, 2020
You committed a logical fallacy. Your statement doesn't stand up to reason.
'Whatever it takes': Money is losing its meaning during the pandemic
- raklian commented Apr 5, 2020
It's one of those viruses where you think you're recovering after the first bout of symptoms, and then bam, it's back with a vengeance. A lot of young-ish people died that way. Hope it's not in Boris' case.
Boris Johnson admitted to the hospital suffering from coronavirus symptoms
- raklian replied Apr 2, 2020
There's no successful trading system. Why? Cuz it can't trade itself to success. Duh. It needs a trader to make it successful. What makes a trader successful is to successfully use a system. This idea is that simple but no one seems to get it. lol ...
has anyone EVER seen a successful trader/trading system?
- raklian commented Apr 2, 2020
American shale oil industry will always exist as long as we're using oil. There's no putting the genie back in the bottle on this one.
I expect that Saudi Arabia and Russia will be cutting back 10M Barrels
- raklian commented Mar 29, 2020
The most boring class in school does just that. It's called history. Funny people wondered what is the point of taking history class.... well, here it is.
Cristiano Ronaldo and Juventus squad give up $100 million in wages amid coronavirus outbreak
- raklian replied Mar 28, 2020
There is no such thing as a successful system. However, there such thing as a successful trader, one who mastered one's own demons that would have otherwise made him join the ranks of the failures.
has anyone EVER seen a successful trader/trading system?
- raklian commented Mar 27, 2020
We saw that a mile away. Next.
IMF head says global economy now in recession