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    • Martyfish replied Jun 6, 2013

      I understand your dislike of GU, but I feel the couple of months GU has been a lot easier to trade. Just seems it has larger fake-outs than other pairs, which once you "see" them, they are very profitable.

      Genesis Matrix Trading
    • Martyfish replied Jun 5, 2013

      EZ Services PMI data continues to disappoint. Their recession will continue for another 2 quarters at this rate. Cant see anything dragging them out of the recession. No reforms, political paralysis, this is a major train wreck, of epic proportions.

      Genesis Matrix Trading
    • Martyfish replied May 31, 2013

      In the UK we have one of our biggest banks, owned (I think around) 80% by the government. Most of EZ banks are bust, with unrecognised losses on commercial and residential property and sovereign debts. We are already there !! I know for a fact, ...

      Genesis Matrix Trading
    • Martyfish replied May 31, 2013

      We had the same thing in Europe with Iceland. All Icelandic banks went bust. I pulled a considerable sum of money out of a deposit, 2 months before they went bust. I was getting greedy with the interest they offered, and read of their financial ...

      Genesis Matrix Trading
    • Martyfish replied May 31, 2013

      But propping up bankrupt banks, leads to huge unrecognised losses, leading to reduced lending. If that reminds you of where Japan was back in the early nineties. You are right. This is where EZ is now. The option is short sharp pain, or protracted ...

      Genesis Matrix Trading
    • Martyfish replied May 31, 2013

      Except that bank deposits are not totally risk-free investments. And of course a politician, living in their fantasy world, would think that when suiting his argument. All bank bailouts around the world, secured bank deposits, while piling on ...

      Genesis Matrix Trading