FOREX - Trends, forecasts and implications 2016 - page 620
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Everybody needs a lot and fast).
The Financial University under the government has suggested a way to restore economic growth within a year or two. To do so, however, it would be necessary to return to the budget policy of the early 1990s and lower the ruble's exchange rate
Read more at RBC:
http://www.rbc.ru/economics/02/08/2016/579ff6639a79479be0df4c62?from=main
Everybody needs a lot and fast).
The Financial University under the government has suggested a way to restore economic growth within a year or two. To do so, however, we would have to return to the budget policy of the early 90s and lower the ruble exchange rate.
Read more on RBC:
http://www.rbc.ru/economics/02/08/2016/579ff6639a79479be0df4c62?from=main
There is nothing new here. It's been predictable for a long time.
They adopt a budget in petrodollars, the ruble exchange rate fails, there is not enough dough. They start scouring the bank for money. Back and forth they tried - no one so easily gives, the placement of Eurobonds - also did not work. Naturally - you can only take in the RUSSIAN government-controlled bank, but for this you have to drive in banks "their" people. Well of course this article - a passing option and the money will be taken in rubles, not dollars, so I said in June and the forecast - the rate - 55!!! Rubles are needed, including because sanctions are hanging around on the border with other countries - and this is a factor that strengthens the national currency.
Don't you get it? If you sell, you increase the supply, the price goes down and vice versa?
It is so for the bank, because there is a lot of money there. For the trader, unfortunately, it is the opposite.
EXAMPLE: We go to the bank and buy currency. You accidentally change your mind, you have to give it back, but it is not profitable.
In other words, you have already lost from the start.....
What is this about...
this is the philosophy of any currency exchanger - translate "to exchange" into english
the philosophy is that there cannot be more than 50% of profitable trades
i.e. it is necessary to take this condition for granted and take it into account when considering SOT reports as well
Hence the questions - according to the SOT report are purchases equal to sales, losses greater than profits?
If the latter condition is not met, what should be done about the price?
but how do you use the sot report to calculate whether purchases are equal to sales or not?
Everybody needs a lot and fast).
The Financial University under the government has suggested a way to restore economic growth within a year or two. This, however, would require a return to the fiscal policy of the early 1990s and a weakening of the rouble
Read more at RBC:
http://www.rbc.ru/economics/02/08/2016/579ff6639a79479be0df4c62?from=main
When the quid is at a hundred tenge come crying)
I'll send you 50 hryvnias for 50 hryvnias))))
When the quid is at a hundred tenge come crying)
I'll send you 50 hryvnias for 50 hryvnias))))