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Bones replied Dec 29, 2024keep dreaming, printing money is the biggest wealth transfer in modern history, the person who gets the money first is at the top of the pyrmid.
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Bones replied Dec 29, 2024it is a smart strategy as long as the rest of the world accepts it, and no one starts a tariff war
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Bones replied Dec 29, 2024lol, they were the boom years, 20 years of Keynesian nutjobs got us to this point. A government has no spending limits, they can just go right ahead and print wealth into existence.
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Bones replied Dec 29, 2024I think you relayed some facts wrong there, anyway, it's the at least $1T trade deficit that says the US's biggest export is the $. In return, they get real things. A tariff is paid by the country from which it originates.
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Bones replied Dec 29, 2024America is the leader of the free world, controls the king of currencies, and the list goes on. It matters to us because many policies affect us.
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Bones replied Dec 29, 2024I couldn't be happier that Trump won, but I don't agree with any tariff ideas at all, that's one of the problems with the EU. When we voted to leave we wanted free trade.
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Bones replied Dec 29, 2024Fair enough Trumps, but the line isn't broken, and a two-point line isn't a trendline especially if price crashed through
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Bones replied Dec 28, 2024You have to see Jan open as Jan is a very good month for medium-term direction, and Dec is a horrible trading month for direction. It's better for the Bulls to be a monthly doji next. The yearly is neutral, a spinning top without a miracle.
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Bones replied Dec 27, 2024a 100-pip rally up to close gives a line and price signal,
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Bones replied Dec 27, 2024I agree it's not great, because of all the fresh air, it's not cherry-picking cause I'm just keeping to the rules
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Bones replied Dec 27, 2024that was a potential tl, but it wasn't 3 points ever
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Bones replied Dec 22, 2024my other idea is the yearly is very bearish as that other unusual range doiji, I'm bearish economy but bullish interest rates
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Bones replied Dec 22, 2024Yes, trendlines move over different timeframes, but the monthly chart was unclear last month and maybe a doji this month. The quarterly chart looks bearish, and the yearly chart is neutral. For a medium-term view (for up) you need the next quarterly ...
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Bones replied Dec 21, 2024I think this monthly candle will be an inside candle, probably a doji, making the yearly a small range spinning top.
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Bones replied Dec 19, 2024he's the leader of the live trading gang, a lot of what he says revolves around fake trading and being wrong for extended periods in drawdown with the fake trades, thats what Coreg points out
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Bones replied Dec 19, 2024image UK and US spending like a drunk sailor so rates go up regardless
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