thanks for the reply, much better laid out, i will dip into the depressions you mentioned, and deflation, as its not yet resolved for me, both are interesting topics though.

Saving Capitalism from Capitalists....

i agree with pipsy, please elaborate WHY it needs a lender of last resort? so i can judge on arguments and not on uppercase letter words. the only great depression we had was in the 30s and there was a central bank. in fact, the fed actively tried ...

Saving Capitalism from Capitalists....

how to do it right account 10,000$ risk 1% of account trade plan gives signal to buy and the former higher low gives a SL of 75 pip 1% = 100$ 100/75 = 1.33$/pip open position buy 13,333 GBPUSD or 0.13 lot margin requirement depending on leverage 1:1 ...

Withdrawing money, new to Forex

an example of extreme overleveraging (the former was also overleveraging) leverage 1:500 = 0.2% margin requirement 100$ deposit buy 20,000 GBP (2$/pip) used margin -> 0.2% x 31,800$ = 63.6$ margin call at account below 31.8$ or after 68$ loss or ...

Withdrawing money, new to Forex

leverage 1:100 = 1% margin requirement it means, to buy 10,000 GBP (0.1 lot), you dont need 15,900$ but just 159$ (1%) 0.1 lot gives you 1$ per pip move where USD is the quote currency (given 1 lot = 100K, some brokers say their lot = 10K, in that ...

Withdrawing money, new to Forex

where to start? start trading the daily read all this url

Where to start, I'm overwhelmed..

so i can come and open up a central bank, make my own currency, compete against the fed? no. why, the government gave its power to the fed, it can take it away url In early 1781 the Articles of Confederation & Perpetual Union were ratified so that ...

Saving Capitalism from Capitalists....

we already have bank failures url url

Saving Capitalism from Capitalists....

when it walks like a duck, talks like a duck, .... it doesn't matter if intervention is public or privat, its still intervention. lets say i give you 100K to trade and i want 3% interest, and i say to you, if you lose it all, i'll give you another ...

Saving Capitalism from Capitalists....

free markets/austrian school America's Great Depression, by Murray N. Rothbard free pdf here url reviews, im not good at it http://www.amazon.com/Americas-Great-Depression-Murray-Rothbard/product-reviews/1607961105/ref=cm_cr_dp_all_helpful

Saving Capitalism from Capitalists....

then its their fault not his you made the decision, its your money after all, so you are responsible for it.

Cable Update (GBPUSD)

the longer i am into forex, the more i realise cable is the real deal after fighting with the dragon, cable seems so relaxed, but im not done with it either ...and its pleasant to see some in this thread refer to the euro as a bitch

Cable Update (GBPUSD)

weekly charts — ... have a nice weekend

Daily candle chart

so here is my trade so far, i waited for entry since the beginning of september (monthly engulfing), it paid off at last

Cable Update (GBPUSD)

just wait for a high probability setup ... long term view, if friday close below 1.6, 1.59 would be better though, we got weekly engulfing confirmed, more to the downside, this should be fueled by a fall in the dow, we will see if not, i believe ...

Cable Update (GBPUSD)

and if i may add to the discussion of long or short now ... there was profit taking on cable, dont see a reversal or retracement coming, that needs orders, if not the asians totally go crazy tonight that wont happen, usd wouldnt push through the ...

Cable Update (GBPUSD)

omg , im sorry for you i watched this thread the last two days thanks to GMs post on daily candle chart, and it was very amusing, i especially liked forexlions post with the shot bear, lol navin, great trade, nice you got the balls to stay ...

Cable Update (GBPUSD)

cable weekly — we now got downward indication with an bearish engulfing on weekly too, a good confirmation would be next weeks close below 1.6 notice, it has no upper wick, a very small lower wick making it a black opening marubozu, and ...

Daily candle chart

try this url

What Are Your Trading Rules?

not a perfect shooting star, as the upper wick has to be twice as long as the body, but close

Strat's Long Term Stress Free Trading