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CannonScout replied Jun 7, 2018Trump holds the biggest stick. He's Captain Chaos. It's part of his MO. Do you really think such a diverse and experienced business magnate will have trouble debating and coming to agreements? It's what he ran on and I'm sure we'll see good ...
USD/JPY Discussion
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CannonScout commented Jun 6, 2018You can view it that way if you wish. But the idea of 'them against us' is a flawed and defeatist attitude. Many things. First I would say that the EU has and currently IS considered a work-in-progress. This desire for everything to be rosy ...
Juncker: ‘Completing the EMU is more important than ever’
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CannonScout replied Jun 6, 2018Well its increase was widely expected. A lot of demand for greenbacks. (or what their called nowadays.) Damn shame there wasn't a brief pullback. But there still could be. Its in a rather tricky situation at the moment.
USD/JPY Discussion
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CannonScout replied Jun 6, 2018There is a wicked song called 'silence.' Great for focus when working.
What kind of music you hear while you trade?
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CannonScout commented Jun 6, 2018Going forward, if certain member nations are having strong troubles, especially in the Economic arena, breaking away and becoming 'independent' (which is rather impossible nowadays) is a suicide wish. The EU is a fundamental need for the new global ...
Juncker: ‘Completing the EMU is more important than ever’
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CannonScout commented Jun 6, 2018I was under the impression that the EU was being rather successful. For what reason in major reform needed?
Juncker: ‘Completing the EMU is more important than ever’
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CannonScout commented Jun 6, 2018"at least for a couple of years." Blimey thats concerning.
World Bank: Global economy is healthy but growth will slow
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CannonScout replied Jun 4, 2018Very well said, the market can be a hellish place. And your life can become rather hellish. Adding to the above there is also the potential physical and mental turmoil that comes with trading. I remember when I first placed a trade with live money ...
If you haven't made it yet, what makes you think you will?
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CannonScout replied Jun 4, 2018True, but I am bearish on the pair funnily enough. I just know that it may take some time and the ranging history makes me patient. But yeah that swap rate is a bitch. With rate hikes on the way, downtrends could be out of the question for a time.
USD/JPY Discussion
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CannonScout commented Jun 4, 2018That is rather extreme isn't it? I don't condemn anyone, but take a look at your message. Imagine if Trump tweeted in similar tones. It's unbecoming of anyone. I believe in leading by example. He ran on a platform of high employment and economic ...
Trump's Unemployment Tweet
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CannonScout replied Jun 4, 2018Agree with that completely. I didn't want to say anything but it is really a defeatist attitude. If you believe success is impossible why even be on the Forum? Attitude is very important. One last advise I have is to have a PURPOSE. If your dream of ...
If you haven't made it yet, what makes you think you will?
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CannonScout replied Jun 4, 2018While I won't pollute this thread to much, I did have thought today while I was in a rather unsober position. I get these every now and then. Inhaling can lead to wisdom at times I believe. The maximisation of profitability comes from combining the ...
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Jun 4, 2018Jesus exactly the same as me. Specifically 108.92. All is subject to change though. I want the retrace to take a few days, then they underlying activity might be optimal for that event.
USD/JPY Discussion
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CannonScout replied Jun 4, 2018Could I ask how you arrive at those resistance levels? They appear a little arbitrary to me.
EURUSD
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CannonScout replied Jun 4, 2018Hoping for a brief retracement of sorts. Ideally I could buy at 109 on late Tuesday or Wednesday or something.
USD/JPY Discussion
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CannonScout commented Jun 4, 2018Most ridiculous shit I've ever seen. A president says he looks forward to data, and people lose their friggin minds. Unbelievable
Trump's Unemployment Tweet
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CannonScout replied Jun 4, 2018Cheers mate. Will contribute what I can. I've always found that discussing ideas and charts is way more beneficial than simply posting an image. If ideas are worth sharing, they should be able to be expressed verbally.
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Jun 4, 2018Thanks. And yeah I agree with you to, especially the follow the money reasoning. But it's not just speculators (institutional or otherwise) in the market. There are many market participants and valuations change depending on a large array of events. ...
If you haven't made it yet, what makes you think you will?
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CannonScout replied Jun 3, 2018Honestly believe the Italy 'crisis' is way overblown. No need to exaggerate what is, really, an isolated and easily repairable situation. I don't believe the EUR selling was majority caused by this. Correlation can be a deadly mistake. And let's ...
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Jun 3, 2018I've found that 'making it' is synonymous with ignoring the majority of people. If you start to follow your own path and quit worshipping anyone with an opinion, it means you actually have confidence in yourself and your abilities. And if you have ...
If you haven't made it yet, what makes you think you will?