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Realities of Forex Investment
Ceinz
#3841 Posted : Sunday, February 16, 2020 1:52:31 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
kingfisher wrote:
What's the best online forex platform for Kenyan traders. I would like to join on a small scale



Just Google.

Also check out:Https://www.forexpeacearmy.com/

Look for a reputable broker,atleast one that has been there for a while. Also ease of withdrawal/ funding e.t.c. Best of luck.
“small step for man”
Ceinz
#3842 Posted : Friday, February 21, 2020 9:56:28 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
T-Bag wrote:
How far is this Gold rally......seems too steep of a climb....trying to rationalise trump-economics


Looks overdone.


Gold bulls winning. $1700 approaching soon.
“small step for man”
lochaz-index
#3843 Posted : Friday, February 21, 2020 10:43:10 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Ceinz wrote:
Ceinz wrote:
T-Bag wrote:
How far is this Gold rally......seems too steep of a climb....trying to rationalise trump-economics


Looks overdone.


Gold bulls winning. $1700 approaching soon.

Fear trade. USD on a tear too. Negative correlation between gold and USD broken. Yields tanking with Greece 10 yr at sub 1%. Japan and Europe flirting with recession. If dollar index continues on the same trajectory (if the fear persists) there will be alot of pain for EM and FM in short order. Ugly doesn't begin to describe it.
The main purpose of the stock market is to make fools of as many people as possible.
Ceinz
#3844 Posted : Friday, February 21, 2020 11:00:15 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
lochaz-index wrote:
Ceinz wrote:
Ceinz wrote:
T-Bag wrote:
How far is this Gold rally......seems too steep of a climb....trying to rationalise trump-economics


Looks overdone.


Gold bulls winning. $1700 approaching soon.

Fear trade. USD on a tear too. Negative correlation between gold and USD broken. Yields tanking with Greece 10 yr at sub 1%. Japan and Europe flirting with recession. If dollar index continues on the same trajectory (if the fear persists) there will be alot of pain for EM and FM in short order. Ugly doesn't begin to describe it.


Correct, negative correlation between the two broken for now.
“small step for man”
slick
#3845 Posted : Friday, February 21, 2020 7:22:24 PM
Rank: Member

Joined: 6/1/2017
Posts: 288
lochaz-index wrote:
Ceinz wrote:
Ceinz wrote:
T-Bag wrote:
How far is this Gold rally......seems too steep of a climb....trying to rationalise trump-economics


Looks overdone.


Gold bulls winning. $1700 approaching soon.

Fear trade. USD on a tear too. Negative correlation between gold and USD broken. Yields tanking with Greece 10 yr at sub 1%. Japan and Europe flirting with recession. If dollar index continues on the same trajectory (if the fear persists) there will be alot of pain for EM and FM in short order. Ugly doesn't begin to describe it.


We hope gold hits 1700 USD and beyond.These advanced nations central banks with their money printing Quantitative Easing and Repurchase Agreements will result in massive devaluations of fiat currencies against gold.USD strong and inevitable Dollar Index will hit 100 and beyond as the fear trade into USD and US based assets like stocks and bonds continue due to coronavirus.US bond yield curve has inverted yet again with the 1 month bill yielding 1.556% vs 10 year yielding 1.475% as I write this.Totally nuts that short dated treasuries yield more than long dated ones but its the nature of Western markets and such yield curve inversions have a 100% track record of predicting recessions.Bond yields in lots of Eurozone countries like Germany and Switzerland plus Japan have negative yield making even more investors flock into USD and US assets to flee the abnormality of negative yielding treasuries.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
winmak
#3846 Posted : Wednesday, March 04, 2020 6:19:12 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
https://www.sib.co.ke/mansa-x/

Anyone tried this? Need heavy critique here. Is it safe? Considering the flaunted 24 % pa return.
For investors as a whole, returns decrease as motion increases ~ WB
lochaz-index
#3847 Posted : Thursday, March 12, 2020 5:14:02 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
EURUSD taking a nosedive after a monster counter trend rally last week. USD bulls back in charge ignoring the anticipated Fed rate cuts. CBs have lost their marbles or any sort of control they thought they had since markets have lost faith in them. Rising credit risks means higher interest rates sooner rather than later.
The main purpose of the stock market is to make fools of as many people as possible.
mnandii
#3848 Posted : Thursday, March 19, 2020 12:28:09 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Expecting EURUSD to climb upwards of 1.2760 in wave 3 in the coming month.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
lochaz-index
#3849 Posted : Friday, March 20, 2020 7:08:31 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
mnandii wrote:


Expecting EURUSD to climb upwards of 1.2760 in wave 3 in the coming month.

I'm on the opposite side of this one. Expecting it to tank below parity as European economic problems come to the fore.
The main purpose of the stock market is to make fools of as many people as possible.
mnandii
#3850 Posted : Friday, March 20, 2020 3:38:12 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


USDJPY MONTHLY CHART

The pair is rising in wave (D) of a triangle. Expect prices to be contained within the red trendlines before rising strongly past the upper red trendline as depicted by the blue trend lines.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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