Law of Forex - What "Law" do you believe in the Forex Market?
The "law" i mean here is a pattern, phenomenon or a rules that the Forex Market / or a certain currency pair always obey , or something that always happen. Some silly example like "EURUSD will never be lower than xx value" , or "A certain economic news with positive result will guarantee a certain currency to go bull" , or "a certain pattern followed by a certain pattern, then this will happen" , a certain time/day of the week has the most volume , "RSI always works when pair with another indicator" , "MACD doesn't work unless xxx" ,"a mixture of indicators plus another price action is a sign of something happen" etc.. Tell us what do you believe and and your opinion on it, let us know!
http://twitter.com/forex_in_world/status/1266192975576662016Gold Jumps as China Passes Controversial Hong Kong Law https://t.co/VmnBuwNegy— FOREX IN WORLD (@forex_in_world) May 29, 2020
http://twitter.com/forex_in_world/status/1266146832209440768Beginner’s Guide to Hong Kong’s Proposed Laws and Why Traders Should Care https://t.co/NEI4WfhqoS— FOREX IN WORLD (@forex_in_world) May 28, 2020
http://twitter.com/forex_in_world/status/1265964546923073537Beginner’s Guide to Hong Kong’s Proposed Laws and Why Traders Should Care https://t.co/CuP2tuxDXF— FOREX IN WORLD (@forex_in_world) May 28, 2020
Something I'm not grasping re: cryptos and governments
I don't understand why govts are not just going to make "digi" versions of their extant fiat currencies. For example, the U.S. forms its own digi-dollar, runs its own blockchain (even have some dedicated servers), Germany does its own thing, China does its own etc... then ban, block, and criminalize bitcoin and every other coin. Why does everyone think that this whole "globally independent" essentially private blockchain/currency idea is going to have any legs long term? Why will govts just sit back and allow their own currencies to be crushed in value and their forex laws turned into jokes?
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