Yeah, the central banks won't be able to do it (anymore), not because they would not want to... but because they used... or have been using/abusing this "joker" card too many times for too long.. DEBT is through the roof... USA gets threat for gov shutdown so regularly it is always a regular news, not a headline... In EU many countries got their debt radically increased... and at 90% debt to GDP is suppose to be "point of no return"... The good thing, for them, is.. that GDP (formula) doesn't give a f... about the debt (increase..) so they kept doing it, from one mandate to another, kicking the can down the road... Now at (or PASS the) point of no return level.. they are somewhat careful... But that is too much economics for this thread I guess..
About the market... I am somewhat disappointed... that the market didn't corrected this week, so that we would resume the "trends"... I mean when will they STFU already.. so that the markets could flow instead of waiting by the "TV SET" 24/7 and trying to model every cough, eye turn, scratch.. into what they might do and go overburning the datacenters with HF trading... This has to stop now... The joke is too old and many traders will go numb...
So I would say (plan) like this... Should the market doesn't correct itself... meaning.. in USD terms... that the US might lose a little strength, just for the "other side" to recover a little.. and to regain/increase strength slowly, not that later.... then, if not that... the USD might really become too strong too fast for anyone to ignore and they would (have to) make actions regardless of what I previously wrote...
So I give it a week, tops.. to see if this recovery will (hopefully) happen or not, otherwise will assume it doesn't and we proceed till the next TURN
Will wait with gold trading, I will wait till I settle this... because atm trading seems more on the gambling side, at least for me.. and I do not want to throw darts at a board Will resume my (larger) trading in a week, I hope... Better careful than sorry... Withdrew my accounts yesterday, out of precaution...
About the market... I am somewhat disappointed... that the market didn't corrected this week, so that we would resume the "trends"... I mean when will they STFU already.. so that the markets could flow instead of waiting by the "TV SET" 24/7 and trying to model every cough, eye turn, scratch.. into what they might do and go overburning the datacenters with HF trading... This has to stop now... The joke is too old and many traders will go numb...
So I would say (plan) like this... Should the market doesn't correct itself... meaning.. in USD terms... that the US might lose a little strength, just for the "other side" to recover a little.. and to regain/increase strength slowly, not that later.... then, if not that... the USD might really become too strong too fast for anyone to ignore and they would (have to) make actions regardless of what I previously wrote...
So I give it a week, tops.. to see if this recovery will (hopefully) happen or not, otherwise will assume it doesn't and we proceed till the next TURN
Will wait with gold trading, I will wait till I settle this... because atm trading seems more on the gambling side, at least for me.. and I do not want to throw darts at a board Will resume my (larger) trading in a week, I hope... Better careful than sorry... Withdrew my accounts yesterday, out of precaution...
Can you afford to take that chance?
3