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Replies to #39766 on FOREX TRADERS
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Relentless Despot

11/06/10 2:35 PM

#39767 RE: ElderWolf #39766

I used to figure it the same way. I have since changed my stance officially to "Don't Give a Shit".

This was a fairly in depth move as it was a core value I was changing.
It was a core value that was a stop gap in my move away from conservatism early in my twenties. As I've aged and learned more and reflected on history from a distanced view I realized.. Nothing changes.. Nothing.
The trend is rock solid no matter the player. (Monetary as well as liberty reduction)
This I know sounds like a future with no hope.. But not really in our game.

From this perspective I can clearly see the true long term trend of the Buck as a hardcore down trend... Sure pops here and there and valued against other currencies that are playing the same game make it interesting on the mid term.. But as I have stated many many times it is most important to know the long term trends before allowing yourself to perceive the mid or even short term trends...