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Swiss Frank
Nice call and trade on CHF weakness
This came out earlier
Swiss January CPI +1.3% vs +1.7% y/y expected
See our Economic Calendar
this krugamn character has, most of the time, entertained me
today he is both ROFLAPMP and hopefully for a change seriously informing me.
see:
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“I wish that Democrats had been able to settle on a consensus successor a year or two ago and that Biden had been able to step aside in that successor’s favor without setting off an intraparty free-for-all. But speculating about whether that could have happened is beside the point now. It didn’t happen, and Biden is going to be the Democratic nominee.”
OPINION – PAUL KRUGMAN –
NYT 12, 2024
Why I Am Now Deeply Worried for America Feb.
kids … it is over for joe, just a matter of a dignified exit now (or not):
the pig s getting knifed by the piglet:
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Wall Street Journal – Kamala Harris Says She Is Ready to Serve as Biden Faces Age Scrutiny
In a recent interview, the vice president cited her “capacity to lead” after stops on her abortion-rights tour.
1,753 comments
BTC Monthly Chart
I am NOT a fan of Crypto but hard to ignore the trend
Red lines dominate indicating risk was pointed up before the acceleration higher.
The break of 48,136 and brief of 50,000+ leaves a void until the major 68,915 high
I call this uncharted waters where 48,136 and 50,000 will dictate what comes next.
USDJPY Day ahead
Yen has to stay above 149.200 overnight, to be able to continue straight up. However, if loses it, support at 149.050 might give up this time and allow for a greater correction to 148.500 area.
Major support is at 147.850
If support at 149.200 holds it’s ground, it will lead the pair straight to 150.200
EURUSD Day ahead
Resistances at : 1.07800, 1.08050 and 1.08300
Supports at : 1.07550, 1.07400 and 1.07200
The difference between Tuesday and today is in possibility to see overnight slide towards supports.
Yet again we can witness euro buying , but generally we should visit 1.07200 – most important line right now – if bellow opens a road for 1.06000 area.
I prefer continued selling as long as downtrend line holds it’s ground.
As for the Forum form and functions:
– What we have here is the newest machine for forums
– Old site’s forum was becoming obsolete – I am talking about PHP, Mysql and shit-not the Form or capabilities
– We are still learning how to control this monster , and what can be done with it
– What you are seeing here and posting at is just a single Topic .
– In the background is a whole wide and endless universe
I have been on the Forum from 1997 – no need to explain to me how the old forum worked and what it was all about. I am thrilled that Jay has included me in the project as we are lokkkmv to make Global-View once again the go to site for serious traders.
This is Here and Now. We are trying to come up with what we are all used to, but to enrich it and make it even more interesting.
We need Subject button and not only to be able to write under it, but to click and go to that exact Subject.
We need an option to open a new Subject.
I had to swallow like 3 Pepticaids at a time , just to control my ulcer , until we got possibility to post photos.
I spent few days looking for the Like button, just to hear now that you don’t like it ( No , you can’t just add what you want…it MUST be compatible with everything else).
Now, we have all those functions , and if you don’t trust me, e-mail me and I’ll get you in and show you.
So why don’t we do it ??? Well, once again, it is not that easy to come up with the solution that will suit us…it was made by people that have no clue about markets and our needs…they are all about million and one discussion board, so called forums and other similar stuff around the net.
We’ll tame this animal and then we’ll be able to relax.
I have not traded for over 3 months – and I trade for a living…so gimme a break guys…
P.S. All possible ideas, a wishing lists and similar – please send by e-mail….do not start futile discussions about it on the forum….If needed , we’ll organize a referendum on subjects like “Like” button…
Mtl, I am not the one deciding on the matter – it is not me that will say what’s hot and what’s not. Some people likes the Dislike button, some are afraid of it….to me it’s the same….I am not afraid of being voted Down…I couldn’t care less…
There is one more issue, as far as I understood – I am the Keymaster – for the site and not for the Forum !!!! I have tried to remove that so called “title” from my postings, but alas…won’t go away….guess I have to keep it…for now…
I said this here 2 years ago but with regards to the article titles a new equity boom this month.
leaving out this month… My opinion then was a dcb etc… same thing like what happened in the Indian markets…
Besides for indian markets they will have to accomodate and raise rates rather than keeping them at current levels… 9.55 was my call at that time too… we’re now at around 6.xx repo.
bobby 3:18 personally I m not looking for accolades
as far the form goes I guess over time you will see if this kindergarten style dis / approval sytem gets usage rather than members feeling compelled to address a post ESPECIALLY if it should be a misguided trade post which, to me, would would be worth 50+ septic thumbs up.
bottom line I think it is a discussion killer
when loser becomes a winner
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* More than 3.7 million borrowers have gotten their student debt forgiven while President Joe Biden is in office, and more relief is expected.
* Here’s what borrowers should know.
Biden has forgiven $136 billion in student debt. More relief is on the way
WOULD you hire one of the loan concel-eese ?
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What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Why is Risk Management Important in Trading?
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
What are Some Common Risk Management Strategies?
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
How to Implement Risk Management in your Trading Plan
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
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