Global Growth and Trade Barriers

Subsistence farming never worked because being self-sufficient was firstly nigh-on impossible and secondly limited as well as being dependent on the climate. Subsistence farming finished largely in Europe before World War I and went on until the 1950s in the USA. But today the only ones still practicing it are the developing countries. We did…

China Enters Top 10 Currencies

The number 10. From time immemorial it has been a fascination for people around the world, in every culture and in every civilization. 10 is the Pythagorean symbol of perfection and completeness and the basis of the decimal system that we use today and being in the top 10 means something for both the people…

Reverses - library video 3

Topic: Working Trend Reversal Patterns with real chart data  Objective: 3rd video in the library working a larger reference chart with progressive data on the same instrument  Focus: video 1 worked from a new bullish breakout with a large individual bullish continuation pattern: 'tomahawk'. video 2 worked when a 1st effort into new resistance turned/reversed &…

Do You have a ‘Bullshit’ Job?

Don’t get me wrong, I’m not talking about the guy that moans over his doughnuts and café latte every morning that he hates his job. He hates his boss and he hates the wife and the kids even more and that’s why he still comes into the office. That’s not just a shitty job, that’s…

Fear Increases Productivity and the Old

We live in a throw-away world where we don’t repair and as soon as things start looking a bit shabby round the edges and curled up as if they were sandwiches left over from the night before, with the hangover thrown in for good measure, we just bin them. No point trying to repair what’s…

ECB Sept Monetary Policy Meeting Preview

GUIDANCE AND FORECASTS TO DOMINATE The European Central Bank (ECB) is expected to keep the rate on its marginal lending facility at 1%, its main refinancing operations rate at 0.5%, and its deposit facility rate at 0% at its September policy meeting. The market will, therefore, be looking to the ECB staffs’ updated economic projections,…