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- Greeny replied May 3, 2016
Don't blame the banks or even the government on this one. Blame the boneheaded public that think it is their right to borrow more than they can afford to get whatever they desire in this age of entitlement, then curse everyone else when it goes pear ...
- Greeny replied May 3, 2016
In the end the market will have it's way despite what some bureaucrats do with rates. Some people forget that currencies are valued relative to others, small attempts to change from one end won't change the market long term. AUD drop may be short ...
- Greeny replied May 3, 2016
This is not the Government but the RBA board. However, you are right , this is terrible news for the country. The current RBA board will go down as the worst in history.It is due to change in September, hopefully someone with some sort of awareness ...
- Greeny replied Mar 30, 2016
Fair comment from you guys...certainly worth waiting for some clearer direction. Sometimes no position is a position. Plenty to come though.
- Greeny replied Mar 30, 2016
Agreed...political pool is certainly on the shallow side...not sure what the option is...maybe I will run myself. Todays announcement is another ridiculous idea to put on your list, nothing but a case of cerebral flatulence from the PM. But ...
- Greeny replied Mar 30, 2016
Foolish moves shouldn't surprise from the current Circus Animals , although in this case I don't think the RBA cutting rates would have the minutest impact on the economy, the previous cuts have demonstrated that. Cheap wine won't solve any of the ...
- Greeny replied Feb 17, 2016
The comments from Saudi and Russia can be taken with a pinch of salt, as the markets have done. The agreement is fairly moot, all they have said is they will try to keep output at January's levels. Those two countries have had pretty stable output ...
- Greeny replied Jul 13, 2015
No problems. I tend to be a shorter term term trader. Most of my trades are intra day. Being such a huge market, open for such long hours ,the market is vulnerable to events and announcements that can cause massive swings or runs unexpectedly . I've ...
- Greeny replied Jun 25, 2015
This thread is the reason these forums are often not healthy. In answer to an earlier question, "is this forum representative of all forex traders?" . Absolutely not, it represents a large portion of the "wannabe's" out there, but most successful ...
- Greeny replied Jun 22, 2015
PZR, ignore the derogatory comments from some of the heroes out there, the interwebs are full of keyboard warriors and experts. If you are trading profitably then that is all that matters, in the end the aim is to make a profit and it is nobody ...
- Greeny replied Mar 26, 2015
Don't get caught up in everyone elses expert opinion. Stick to your trading method, trust your edge and trade with discipline. It's ok to read that stuff after hours and keep yourself up to date with the world, but only trade what you see, the other ...
- Greeny replied Mar 9, 2015
Be aware that demo trading can instill false confidence. Demo accounts are generally not reflective of live markets and can respond in a very different a manner as the provider treats the data differently. Sure, use a demo account to get used to the ...
- Greeny replied Feb 3, 2015
No need to shut up, what you said was very worthwhile, happy to see that stuff. As for critiquing...not really my job, but would enjoy looking at your ideas to compare, learn and share. And the honour is all mine.
- Greeny replied Feb 3, 2015
aaww shucks...you shouldn't have. Just trying to keep it real.
- Greeny replied Feb 3, 2015
Very tactful response. Nothing wrong with 10% we're only six weeks in! I bet there are a greater majority out there that would be able to say that...truthfully. Mind you, if you're a gun and can double your account in a few days.....what ...
- Greeny replied Feb 3, 2015
Well, it appears they are still amongst us. Didn't take long for one to respond.
- Greeny replied Feb 3, 2015
Thanks for that. I agree re gold heading south and also with your comments re equity markets. We seem to be going through some "different" times at the moment so some of the things we are used to appear to be a bit "uncoupled". Most producers are ...
- Greeny replied Feb 3, 2015
Interesting analysis, thanks for that. On the same but completely different topic, what are your thoughts on silver? It seems to me to be at a bit of a crossroads at the moment.
- Greeny replied Feb 3, 2015
Losses limited to account size part removed.
- Greeny replied Feb 3, 2015
But look where it has ended up. People involved with AUD are over sensitive to Chinese data and announcements, it usually returns to it's trend though. If PBOC cuts AND it does stimulate their economy, which would be debatable, you may see some ...