-
General Statistics
-
Total Topics18,582
-
Total Posts84,598
-
Total Members67,727
-
Most Online7,522
10/06/21 11:53
-
-
-
Posts
-
Look at various past recessions and you should notice that it WAS NOT the Economy that went down first. The markets went down first. The economy always lagged behind the market's demise. So, how is it that we are ALWAYS SURPRISED (most professionals in the business) ? Yes, the general public should be and is shocked, just like the politicians and the Mandarins. But the professionals too? Then how did they get to be called professionals at all, or be in that job?????? Fear is hyped up to DRAMATIC PROPORTIONS, The media will bombard us with dooms day scenarios, via their allies in industry. We have come across this time after time, time after time, after time. In fact during Brexit the same sort of tactic was used to confuse us all and put fear of getting out. Later we found that it was not like that at all. We face normal financial and economic dynamics based on HOW THE MARKET FORCES ACT OR REACT, OR FAIL TO ACT CORRECTLY, AND BAD GOVERNMENT POLICIES. Pundits offer governments "solutions", or do they really? All they offer is, with hindsight, plausible reasons and the same OLD "SOLUTIONS" THAT FAILED TO GENUINELY SOLVE PERMANENTLY THE PROBLEMS. Most have their pet theories as to how, QE, helicopter money, debt write offs for companies, subsidies, etc... USE THE SAME "solutions" as used in the past, repeating the same all, same all. Same all tactics, habits and practices, or is it malpractices? In the meantime how come the Central Bankers COULD NOT ANTICIPATE IT AND SOLVE IT? But wait! They have QE, INTEREST RATES and degradation of the currency (make our goods cheaper for abroad), that will fix it. DOES IT??? NOT REALLY. The reason for purchasing power of money going down over the decades is simply the inability to control or manage inflation / deflation dynamics and financial stability in the first place. There are BASIC FUNDAMENTALS FOR FINANCIAL STABILITY THAT ARE RARELY CONSIDERED OR HANDLED. INSTEAD THE FOCUS IS ON INTEREST RATES AND SUBSIDIES AND A FEW OTHER FACTORS. We NEVER REALLY got out of the past recessions properly --- JUST LOOK AT THE GDP GROWTH after each of the past several recessions and it has, on the whole, gotten to be less the next time round, overall. And the debts were not resolved by individuals. companies and others. Instead they were encouraged to feast on debts to get growth --- very low interest rates -- WOW, WHAT MAGIC. OUT WENT NATURAL ORGANIC GROWTH BASED ON MONEY PEOPLE HAVE FREE TO USE IN THEIR POCKETS. Artificial inducements seems to be the preferred way. No wonder things never solve fully and financial stress is maintained. Subsidies, write offs, QEs, laws passed to make individual bank accounts to be "taxed" above a certain limit to "help out" failing banks or when there is a run on the banks, that is a possible action in the future. etc, etc, etc. Governments have been sold doggy ideas to steal individuals money as a desperate measure to solve a calamity which THEY PUT OFF HANDLING FOR DECADES. It has been done in various countries in various ways in the past, e.g Cyprus 10% tax on accounts, and gold confiscations in some countries in the past, and in several countries your cash that you carry in the pocket can be, and has been confiscated without doing any wrong because the laws passed after 9/11 allowed it so. The other way will be, in the future, banning paper money -- cash, and going digital. That will mean that full police state regarding financial control. Also, you then cannot take money out of the system. So if a bank run occurs, a big issue. And it will be great for negative interest rates charge. They have it worked out to save themselves after ruining the system themselves. Before 2007 the FED the then Chairman told many that booms and bust were over. Celebrate, bing on new debts. And so the malpractices continued (afterall that is what gots encouraged). SO, IS A NEW RECESSION COMING? And what could it bring about? WHAT DO YOU THING? -
Charting the Markets: 26 May European indices pause following the Fed's rate hike. EUR/USD, EUR/GBP and USD/JPY drop post FOMC minutes. And gold price weakens, while oil stalls and natural gas heads higher. This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to. -
Under new powers, the UK government is investigating the recently acquired stake in BT by the private French telecoms business Altice. Last December Patrick Drahi’s Altice group raised its stake in BT from 12.1 to 18%. The UK government is asking if this move breaches the National Security and investment Act passed last year.
-
Question
dandroid001
Hi, I have been having this problem of not able to close the order manually. Most times when I click on the Close bar (the Yellow bar), it always prompt me "Invalid price". I have to click on the Close bar several times before it finally execute the closure. But by the time I got the order closed, I have already lost several pips.
I am also using other broker with MT4 platform but I do not face such issue.
IG server having problem or what?
Link to comment
10 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now