Yuichi Ikemizu of ICBC Standard Bank (Tokyo) said that
the probability of trade war getting worse had compelled the people to sell dollar and buy gold.
That seems to be true today, but as I have pointed out before, it discounts
the probability of trade wars, real wars, resurgent socialism, and bad future demographics.
Not exact matches
«Recent geopolitical developments have led me to raise my
probabilities of trade and other types
of wars, such as capital
wars, cyber
wars (and possibly even shooting
wars),» Dalio writes.
Think about it this way; a sniper is on a pre-planned mission to take out high - value targets that can change the course
of a
war, and in Forex
trading you should be looking for the highest -
probability trade setups that can have the greatest positive impact on your track record.
Trading can really be thought
of as a type
of «
war» between you, yourself and the market, and the less prepared you are and the less you've tried to put the
probabilities in your favor before you enter the market, the more likely you are to be defeated.