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Catempire replied Jun 3, 2020Countries wouldn’t adopt it tho that’s the point, you need people to use your currency - people & countries wouldn’t adopt a fed digital currency. outside America people’s views of America arnt particularly great many countries would happily fuck ...
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Catempire replied Jun 3, 2020The fed globalisation is a double edged sword for America. It’s like the ducks couldn’t get any more in position for a switch up than they are currently & tbf I quite like the fact America on the large part still sees itself as untouchable. I think ...
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Catempire replied Jun 3, 2020Yes, Agreed. & with that it gives China far less reason to be loyal to the dollar especially considering it is the “ trump “ Card (pun intended) Americas government are the bully boys of the world I’m pretty sure every other country would happily ...
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Catempire replied Jun 3, 2020You only talk like that on this issue because you have apparently been conditioned to accept unfairness. That’s all you have and you have the nerve to call someone out on being ignorant?
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Catempire replied Jun 3, 2020To be completely frank, you’re wrong, as with most large changes in history 99.9% of people can’t see it happening until it is to late. reminds me of how confident people were the markets wouldn’t drop, just before..... they dropped. why do you ...
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Catempire replied Jun 3, 2020Not knocking it at all mate... your comment regarding it being similar to fingerprints is bang on.
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Catempire replied Jun 3, 2020
that quite the bold comment considering we’ve conversed once & you know nothing on my understanding on anything... I’d love you to elaborate?EURUSD
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Catempire replied Jun 3, 2020Imo the fundamentals give the longer term direction and the TA is used for entries & targets.. fundamentals of USD is changing as is the fundamentals of free market capitalism... China, Iran & Russia will jump on the opportunity to ditch the dollar ...
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Catempire replied Jun 3, 2020Usd is headed on one direction over the next few months and possibly longer ... given the increase of negative news surrounding the dollar and trumps use of financial sanctions I would not at all be surprised to see a very bold move at some point.
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Catempire replied Jun 3, 2020During the 2008 credit crisis and declining markets in 2008 we saw the euro/usd drop from c16000 to c12800 over the course of 12 weeks following the move down we saw consolidation and then a sharp move north covering 2000 pips over a 2 week period ...
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Catempire replied Jun 3, 2020I was just making the point that the direction is Up & from the levels we have seen for the last 7 / 10 weeks could be for a long while to come.
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Catempire replied Jun 3, 2020Why ? E/U is up 600 points in 6 weeks, are you struggling to see the direction ?
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Catempire replied Jun 3, 2020Nice headline in the FT “We could see the dollar enter into a bear market that could last for five to 10 years." no shit and that long term support it’s been trending on for the last 8 weeks has been utterly primo point to long E/U
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Catempire replied Jun 3, 2020All going to plan, still holding everything... by my calculations we won’t be seeing sub 10790 again & based on the long term situation the dollar will be shitting itself at some point In the next 8/18 months. As previously stated these are long ...
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Catempire replied Apr 16, 2020Negative correlation is still a correlation lol they just correlated in different directions. point is there is NO correlation negative or not to bitcoin.
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Catempire replied Apr 16, 2020Dude taking 1 example isn’t enough to say there is any correlation up or down. both the ftse & gold are up today... that doesn’t make them correlated. as I’m saying when the markets drop, everything drops to begin with except the dollar that’s where ...
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Catempire replied Apr 16, 2020Mate with respect I’m not sure you could call it correlated in the slightest... Lay the graphs on top of each other. more recently bitcoin has been dropping with equities & when equities have been dropping the dollar rises (for the first point) ...
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Catempire replied Apr 16, 2020There are some pretty extreme things going on atm & imo there is a great deal of reason to believe the usd won’t be as sort after going forwards as USA moves away from globalisation and the oil is in less demand.
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Catempire replied Apr 16, 2020Yes for sure although personally I am (hopefully) holding for a break out of this wedge over the next 6-10 months. Position trading where I cannot see it going to much lower with all that is going on. time will tell ...
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