How can the Russian ruble become a strong world currency?… That’s an easy one – Russia needs to have a strong economy, whereas currently Russia’s economy is shrinking. In the short term, stronger Russian economy requires Higher commodity prices (oil, metails, and wheat). Decent trade relations with Russia’s closest trade partners – the EU and[…]
As a Forex trader starter, how can I do a highly efficient market and risk analysis before trading?… This is a good question because most retail traders give insufficient consideration to risk management. Assuming you have identified an edge so that you have a trading strategy with a positive expectancy, you need to consider the[…]
It’s actually a little more nefarious than “the US had the biggest economy“. The US literally conquered, militarily and diplomatically, almost the whole planet during World War II, leaving only the Soviet sphere in Eastern Europe out of the dollar zone. Since that time, the international rules — the institutions — for trade, diplomacy, and[…]
My biggest problem is that is was engineered to screw its client-base over. The back-office controls to skew individual price feeds and shake retailers out of position are well-documented, and staggering they’ve got away with it for so long (and still do). As a charting package, I’ve used a variety (Reuters Eikon, NT, Metastock, Esignal[…]
