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- Johno77 commented Nov 10, 2022
ETH is the cousin of BTC, and when ETH recently went over to POS (proof of stake) instead of POW (proof of work) , it was exposed as worth nothing. ETH can now be gained not through mining which is power and resource intensive, but from simply ...
US Oct CPI preview
- Johno77 commented Aug 13, 2015
Greece cant even print its way out of trouble, since it joined the Euro. It no longer has a currency to de-value and make its exports cheaper. Now they are at the mercy of others.
Highway to Hell or Stairway to Heaven?
- Johno77 commented Aug 13, 2015
"Good news like that should push the eurusd upwards, and since it has been sagging all day, there is probably scope for it to do so.
Greek rescue package expected to pass through parliament
- Johno77 commented Sep 4, 2014
Fancy words... A master criminal with well engraved currency plates also has many good reasons to print fake money.
How much money is the Fed printing?
- Johno77 commented Aug 28, 2014
EURCHF still has a floor at 1.200 doesn't it? Anyone?
Safe-haven yen and Swiss franc gain on Ukraine worries
- Johno77 commented Aug 26, 2014
Does boeing make attack drones? ... Just thinking of demand over Syria / Iraq.
Orders for U.S. Durable Goods Surged in July on Aircraft Demand
- Johno77 commented Aug 21, 2014
Check your daily and weekly charts... Historical technical data says it is looking for an excuse to rebound at these levels. Im not going to do anything for now, profit already taken. Waiting now for the Unemployment Claims.
UK Retail Sales, July 2014
- Johno77 commented Aug 20, 2014
Maybe even 1.6550 area? ... could get a good bounce. Im just looking at the weekly chart.
Bank of England Minutes of the Monetary Policy Committee Meeting
- Johno77 commented Aug 19, 2014
Take one look at the EU, and the whole thing still looks like a failed experiment... I'm not convinced the spin-doctors and "experts" know what they are doing.
Euro-zone spin doctors speechless as GDP sinks
- Johno77 commented Aug 18, 2014
Yeah... The news was released early.
Home builder confidence surges despite slower sales
- Johno77 commented Aug 14, 2014
I don't bother with Indicators, except to tell me what other traders might be about to do. Its always better to just look at the raw chart and work from that IMHO. Having a neutral mindset is often better and not expecting the market to do something ...
So You Want To Be A Trader? 10 Things You Must Have
- Johno77 commented Aug 14, 2014
Sometimes it goes up because the big banks are selling and then it subsides again like now as the market forces bite. The big news will be out in 2 hours. I usually put an OCO in for then, and scalp some pips like that. Well that's what I do anyway. ...
Euro-Region Recovery Stalls as Biggest Economies Fail to Expand
- Johno77 commented Aug 14, 2014
It would be worse for UK to join the Euro and have to "lend" money from the EU... Much better to be free and have control over their own currency. De-valuing a currency can have benefits, just like printing money can. Better to be free of the euro.
Bank of England makes emergency plans in case of Scottish independence
- Johno77 commented Aug 12, 2014
Does Germany have gold to back it up? ... Here is an interesting article about Gold being in short supply, and "leased" to china... Interesting reading. url
How sound is Germany's economy? Ask its troubled neighbours
- Johno77 commented May 2, 2014
I think I will stick to my good ol' trendlines and formations.
How to Trade Short-Term (Day-Trade)
- Johno77 commented May 2, 2014
The graph has that typical exponential vertical section... before it crashes. I think the vertical bit is all the secretaries, pizza boys, and man in the street getting in on the action and big promises of the Guru's and snake-oil salesmen. .. Of ...
The Last Two Times This Happened, The Stock Market Crashed
- Johno77 commented May 2, 2014
That bit of news was supposed to bad for the GBPUSD, and there was a knee-jerk down spike. Lets see if price consolidates and follows the spike downwards.
Markit/CIPS UK Construction PMI
- Johno77 commented Apr 17, 2014
LoL ... Quite funny. Click on a picture to open the whole lot, like a comic strip, and easier to read.
How to Spot A Forex Trader - Infographic
- Johno77 commented Apr 10, 2014
Super-strong crypto currency, and for how long? .... todays unbreakable code is always broken a couple of years down the line.
Bitcoin firms dumped by National Australia Bank as 'too risky'