My trades on 25 Oct 2012

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United States invades Grenada, Oct. 25, 1983

10/25/2020 12:02 AM EDT

Citing the threat posed to American nationals on the Caribbean nation of Grenada by that nation’s pro-Marxist regime, on this day in 1983 President Ronald Reagan ordered U.S. forces to invade the island and to secure their safety. In little more than a week, Grenada’s government was overthrown.

Code-named Operation Urgent Fury, the invasion was triggered by internal strife within the People’s Revolutionary Government, resulting in the house arrest and—six days before the invasion—the execution of Prime Minister Maurice Bishop, the nation’s pro-Marxist leader. That led to the formation of a Revolutionary Military Council with Hudson Austin, another Marxist, as its chairman. Protesters clashed with the new government while violence escalated.

The invasion contingents included the U.S. Army’s Rapid Deployment Force, composed of the 1st and 2nd Ranger Battalions, and the 82nd Airborne Division; Marines; the Army’s Delta Force; and Navy SEALs. In all, the combined forces constituted the 7,600 troops drawn from the United States and Jamaica. They defeated Grenadian resistance after an airborne assault by the Rangers on Point Salines Airport on the southern end of the island while the Marines staged a helicopter and amphibious landing at the airport on the northern end shortly afterward.

Some 20 U.S. troops were killed and more than 100 wounded; more than 60 Grenadian and Cuban troops were killed.

In short order, Hudson’s military government was deposed and replaced by a government appointed by Governor-General Paul Scoon, which stabilized the scene until elections were held in 1984.

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There were nearly 1,000 Americans in Grenada at the time, many of them students at the island’s medical school. American officials had been voicing concern about conditions on the island since 1979, when Bishop seized power and began to develop close relations with communist Cuba.

The invaders found themselves facing opposition from the Grenadian armed forces and from Cuban military engineers, who were in Grenada to repair and expand the island’s main airport. They possessed scant intelligence about the island; in some cases, they needed to rely on old tourist maps to find their way.

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Some political observers voiced skepticism over Reagan’s justification of the invasion. They noted that it had taken place days after an explosion in a U.S. military installation in Lebanon had killed more than 240 U.S. troops. Nevertheless, the Reagan administration cited the invasion as the first successful rollback of communist influence since the beginning of the Cold War.

Nowadays, Grenada marks this day as a national holiday known as Thanksgiving Day. It commemorates the freeing, as a result of the invasion, of several political prisoners, who subsequently went on to be elected into office.

In 2000, the Grenadian government launched a truth and reconciliation commission to re-examine some of the controversies of the time. The commission unsuccessfully attempted to find Bishop’s body, which had been disposed of under Austin’s orders and never found.

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Little Change to Supply and Demand Report 25 Oct, 2020

Published on October 25, 2020

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Physics students study mechanical systems in which pulleys are massless and frictionless. Economics students study monetary systems in which rising prices are everywhere and always caused by rising quantity of currency. There is a similarity between this pair of assumptions. Both are facile. They oversimplify reality, and if one is not careful they can lead to spectacularly wrong conclusions.

◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs. ◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. ◆ This is almost three times global economic output and equates to about $32,500 for every man, woman and child on earth.

Gold will climb to $1,600 over the next year – Goldman. ◆ Goldman is still forecasting that gold will climb to $1,600 over the next year due to investment demand. ◆ Investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal – Goldman Sachs Group Inc.

There’s only one story in the UK this morning – it’s the day Britain goes to the polls. It’s no exaggeration to say that this election is probably the most important of the century so far. If the ruling Conservative party wins a clear majority, then some form of Brexit is almost certain to go ahead.

Switzerland has ruled out the possibility of a central bank-issued digital franc for the general public in the foreseeable future. The government has backed up the Swiss National Bank’s (SNB) fears that this would lead to financial instability. Responding to a parliamentary question, the Federal Council on Friday said an ongoing project to produce a digital franc that is restricted for use by financial players was a more sensible option than a cryptocurrency for people to buy their groceries or other goods.

Wildcat mining has devastated large chunks of the Peruvian Amazon, where gold is extracted and makes its way to the refineries and banks in Switzerland.swissinfo.ch visited the southeastern region of Madre de Dios and spoke to artisanal miners who have benefited from the gold rush to educate their families and create jobs, as well as those who have fallen afoul of the law.

With no opportunity cost to holding a zero-yield asset such as gold, investors increasingly are adding it to their portfolios as a hedge. ◆ Gold retains its intrinsic value, something no paper currency has managed to do over history. ◆ Gold is insurance. Insurance isn’t supposed to make you rich; it’s supposed to keep you from being poor.

◆ Stock markets around the world are collapsing today as the financial and economic implications of the impact of the pandemic on already massively indebted companies and governments is realised.◆ Investors are liquidating en masse risk assets from equities to industrial commodities, while gold has held its ground.

My Trading Journal: Trading LIVE starting on the Red Oct. 2020

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  • Oct 24, 2020 7:38pm Oct 24, 2020 7:38pm

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  • Oct 25, 2020 10:00am Oct 25, 2020 10:00am
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  • Oct 25, 2020 11:21am Oct 25, 2020 11:21am

hi holy, goodluck and full prepare yourself.

if you need advise from a loser drunken trader, how a trader become loser than I am here. I am full of dumb and crazy experience, cause my forextrading is for my spiritual exercise.

lets start the journey.

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  • Oct 27, 2020 10:30pm Oct 27, 2020 10:30pm
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  • Edited at 11:52am Oct 28, 2020 10:21am | Edited at 11:52am

2 months of intensive forex learning and demo trading will not take you to anywhere you had anticipated.

To trade FX,
Follow DBX Principles – The rules of engagement I .

  1. Follow Daily GDI for direction guidance. Long at the dip and short at the peak.
  2. When H4 UDB and H4 LDB are converging, the instrument is consolidating. No trade should be entered.
  3. When H4 UDB and H4 LDB are diverging, not converging or parallel to each other, enter the trade in the direction of both H4 UDB and H4 LDB.
  4. If aggressive, use H1 DBX in lieu of H4 DBX.

and DBX Principles – The rules of engagement II.

  1. When Daily GDI is going down, don’t long.
  2. When Daily GDI is going up, don’t short.
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  • Oct 30, 2020 12:39am Oct 30, 2020 12:39am
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  • Oct 30, 2020 12:44am Oct 30, 2020 12:44am
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  • Oct 30, 2020 12:47am Oct 30, 2020 12:47am

I started Trade Explorer yesterday and have made 954 pips so far. I use DBX Trading System for FX trading. If I can make it, so can you.

A two-week free trial of DBX is available to new users. Email your request along with a MT4 demo account number to [email protected] License leasing fee is only $0.20 per day!

You are not going to be a millionaire by trading FX with DBX but decent pips can be made every week.

  • Post # 17
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  • Oct 30, 2020 1:45am Oct 30, 2020 1:45am

Gold
[email protected]
T/P: 1210.83
S/L: 1223.83

USD/JPY
[email protected]
T/P: 109.820
S/L: 107.560

The Correlation of Gold and USD/JPY : inverse relationship
http://www.fxstreet.com/analysis/currency-brief/2020/07/01/

” In financial markets, the best example of an inverse correlation is probably the one between the U.S. dollar and gold. ”
http://www.investopedia.com/terms/i/inverse-correlation.asp

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  • Oct 30, 2020 2:01am Oct 30, 2020 2:01am

Trade slowly and safely, $500 account why not just trade 0.01 for starters? Its the pips that counts afterall.

Anyway most importantly is not to be greedy and try to grab the very last pip. you can do it !

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  • Oct 30, 2020 3:40pm Oct 30, 2020 3:40pm
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  • Oct 30, 2020 3:41pm Oct 30, 2020 3:41pm

Since the FED is ending QE, and with the anticipation of raising interest rate. Will GBPUSD get hammered big time? What force could stop the USD bullish advancement?

Nov. 2020
67% of the time, prices are within Fib.23%

50%.
33% is out of the range of Fib.23%

50%; and in those times, 70% of the price is above Fib. 23.6%.
and in the past two years, price has been bounded within the inner green channel of the pitchfork.
So, I am taking a wild guess that this trend will keep going on, despite recent FED announcing to stop QE and hinting to raise interest rate.

1. another interesting point of view that I’ve come across to”History shows us that seasonal trends do turn more adverse for the GBP through early November – GBPUSD has weakened 70% of the time in the month of November in the last 20 years.” Did You Know November is an Unlucky Month for Sterling?

2. and then, this is where it completely throw me off, GBPEUR levels expected to climb through November:”This demandreally cam following the US news last night that they will finish their QE3program at the end of the month. This in turn increases the likelihood ofthe world�s largest economy to start raising interest rates. Traders riskappetite has increased as a result pushing up the demand for the UK pound andtherefore making it climb against a basket of currencies, happy days!” I am like WHAT? I thought USD will go up when the FED raises the interest rate. with the anticipation of higher interest rate, why is GPB raising instead? Is this article only talks about the specific relationship between EUR and GPB? U.S. FED interest rates hike will aid GPB rise against EUR?

to digest 1st point and 2nd point, a little more. Shorting EUR/USD? haha

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