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http://twitter.com/forex_in_world/status/1238113772910161920This is the Moment of glory for Bitcoin - #BTCUSD chart https://t.co/q7FLnsBB6u— FOREX IN WORLD (@forex_in_world) March 12, 2020

http://twitter.com/forex_in_world/status/1238113772910161920This is the Moment of glory for Bitcoin - #BTCUSD chart https://t.co/q7FLnsBB6u— FOREX IN WORLD (@forex_in_world) March 12, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1238109917535334400This is the moment of glory for Bitcoin - #BTCUSD chart https://t.co/YTVMAdOPVA— FOREX IN WORLD (@forex_in_world) March 12, 2020

http://twitter.com/forex_in_world/status/1238109917535334400This is the moment of glory for Bitcoin - #BTCUSD chart https://t.co/YTVMAdOPVA— FOREX IN WORLD (@forex_in_world) March 12, 2020 submitted by Red-its to forextweet [link] [comments]

H1 Backtest of ParallaxFX's BBStoch system

Disclaimer: None of this is financial advice. I have no idea what I'm doing. Please do your own research or you will certainly lose money. I'm not a statistician, data scientist, well-seasoned trader, or anything else that would qualify me to make statements such as the below with any weight behind them. Take them for the incoherent ramblings that they are.
TL;DR at the bottom for those not interested in the details.
This is a bit of a novel, sorry about that. It was mostly for getting my own thoughts organized, but if even one person reads the whole thing I will feel incredibly accomplished.

Background

For those of you not familiar, please see the various threads on this trading system here. I can't take credit for this system, all glory goes to ParallaxFX!
I wanted to see how effective this system was at H1 for a couple of reasons: 1) My current broker is TD Ameritrade - their Forex minimum is a mini lot, and I don't feel comfortable enough yet with the risk to trade mini lots on the higher timeframes(i.e. wider pip swings) that ParallaxFX's system uses, so I wanted to see if I could scale it down. 2) I'm fairly impatient, so I don't like to wait days and days with my capital tied up just to see if a trade is going to win or lose.
This does mean it requires more active attention since you are checking for setups once an hour instead of once a day or every 4-6 hours, but the upside is that you trade more often this way so you end up winning or losing faster and moving onto the next trade. Spread does eat more of the trade this way, but I'll cover this in my data below - it ends up not being a problem.
I looked at data from 6/11 to 7/3 on all pairs with a reasonable spread(pairs listed at bottom above the TL;DR). So this represents about 3-4 weeks' worth of trading. I used mark(mid) price charts. Spreadsheet link is below for anyone that's interested.

System Details

I'm pretty much using ParallaxFX's system textbook, but since there are a few options in his writeups, I'll include all the discretionary points here:

And now for the fun. Results!

As you can see, a higher target ended up with higher profit despite a much lower winrate. This is partially just how things work out with profit targets in general, but there's an additional point to consider in our case: the spread. Since we are trading on a lower timeframe, there is less overall price movement and thus the spread takes up a much larger percentage of the trade than it would if you were trading H4, Daily or Weekly charts. You can see exactly how much it accounts for each trade in my spreadsheet if you're interested. TDA does not have the best spreads, so you could probably improve these results with another broker.
EDIT: I grabbed typical spreads from other brokers, and turns out while TDA is pretty competitive on majors, their minors/crosses are awful! IG beats them by 20-40% and Oanda beats them 30-60%! Using IG spreads for calculations increased profits considerably (another 5% on top) and Oanda spreads increased profits massively (another 15%!). Definitely going to be considering another broker than TDA for this strategy. Plus that'll allow me to trade micro-lots, so I can be more granular(and thus accurate) with my position sizing and compounding.

A Note on Spread

As you can see in the data, there were scenarios where the spread was 80% of the overall size of the trade(the size of the confirmation candle that you draw your fibonacci retracements over), which would obviously cut heavily into your profits.
Removing any trades where the spread is more than 50% of the trade width improved profits slightly without removing many trades, but this is almost certainly just coincidence on a small sample size. Going below 40% and even down to 30% starts to cut out a lot of trades for the less-common pairs, but doesn't actually change overall profits at all(~1% either way).
However, digging all the way down to 25% starts to really make some movement. Profit at the -161.8% TP level jumps up to 37.94% if you filter out anything with a spread that is more than 25% of the trade width! And this even keeps the sample size fairly large at 187 total trades.
You can get your profits all the way up to 48.43% at the -161.8% TP level if you filter all the way down to only trades where spread is less than 15% of the trade width, however your sample size gets much smaller at that point(108 trades) so I'm not sure I would trust that as being accurate in the long term.
Overall based on this data, I'm going to only take trades where the spread is less than 25% of the trade width. This may bias my trades more towards the majors, which would mean a lot more correlated trades as well(more on correlation below), but I think it is a reasonable precaution regardless.

Time of Day

Time of day had an interesting effect on trades. In a totally predictable fashion, a vast majority of setups occurred during the London and New York sessions: 5am-12pm Eastern. However, there was one outlier where there were many setups on the 11PM bar - and the winrate was about the same as the big hours in the London session. No idea why this hour in particular - anyone have any insight? That's smack in the middle of the Tokyo/Sydney overlap, not at the open or close of either.
On many of the hour slices I have a feeling I'm just dealing with small number statistics here since I didn't have a lot of data when breaking it down by individual hours. But here it is anyway - for all TP levels, these three things showed up(all in Eastern time):
I don't have any reason to think these timeframes would maintain this behavior over the long term. They're almost certainly meaningless. EDIT: When you de-dup highly correlated trades, the number of trades in these timeframes really drops, so from this data there is no reason to think these timeframes would be any different than any others in terms of winrate.
That being said, these time frames work out for me pretty well because I typically sleep 12am-7am Eastern time. So I automatically avoid the 5am-6am timeframe, and I'm awake for the majority of this system's setups.

Moving stops up to breakeven

This section goes against everything I know and have ever heard about trade management. Please someone find something wrong with my data. I'd love for someone to check my formulas, but I realize that's a pretty insane time commitment to ask of a bunch of strangers.
Anyways. What I found was that for these trades moving stops up...basically at all...actually reduced the overall profitability.
One of the data points I collected while charting was where the price retraced back to after hitting a certain milestone. i.e. once the price hit the -61.8% profit level, how far back did it retrace before hitting the -100% profit level(if at all)? And same goes for the -100% profit level - how far back did it retrace before hitting the -161.8% profit level(if at all)?
Well, some complex excel formulas later and here's what the results appear to be. Emphasis on appears because I honestly don't believe it. I must have done something wrong here, but I've gone over it a hundred times and I can't find anything out of place.
Now, you might think exactly what I did when looking at these numbers: oof, the spread killed us there right? Because even when you move your SL to 0%, you still end up paying the spread, so it's not truly "breakeven". And because we are trading on a lower timeframe, the spread can be pretty hefty right?
Well even when I manually modified the data so that the spread wasn't subtracted(i.e. "Breakeven" was truly +/- 0), things don't look a whole lot better, and still way worse than the passive trade management method of leaving your stops in place and letting it run. And that isn't even a realistic scenario because to adjust out the spread you'd have to move your stoploss inside the candle edge by at least the spread amount, meaning it would almost certainly be triggered more often than in the data I collected(which was purely based on the fib levels and mark price). Regardless, here are the numbers for that scenario:
From a literal standpoint, what I see behind this behavior is that 44 of the 69 breakeven trades(65%!) ended up being profitable to -100% after retracing deeply(but not to the original SL level), which greatly helped offset the purely losing trades better than the partial profit taken at -61.8%. And 36 went all the way back to -161.8% after a deep retracement without hitting the original SL. Anyone have any insight into this? Is this a problem with just not enough data? It seems like enough trades that a pattern should emerge, but again I'm no expert.
I also briefly looked at moving stops to other lower levels (78.6%, 61.8%, 50%, 38.2%, 23.6%), but that didn't improve things any. No hard data to share as I only took a quick look - and I still might have done something wrong overall.
The data is there to infer other strategies if anyone would like to dig in deep(more explanation on the spreadsheet below). I didn't do other combinations because the formulas got pretty complicated and I had already answered all the questions I was looking to answer.

2-Candle vs Confirmation Candle Stops

Another interesting point is that the original system has the SL level(for stop entries) just at the outer edge of the 2-candle pattern that makes up the system. Out of pure laziness, I set up my stops just based on the confirmation candle. And as it turns out, that is much a much better way to go about it.
Of the 60 purely losing trades, only 9 of them(15%) would go on to be winners with stops on the 2-candle formation. Certainly not enough to justify the extra loss and/or reduced profits you are exposing yourself to in every single other trade by setting a wider SL.
Oddly, in every single scenario where the wider stop did save the trade, it ended up going all the way to the -161.8% profit level. Still, not nearly worth it.

Correlated Trades

As I've said many times now, I'm really not qualified to be doing an analysis like this. This section in particular.
Looking at shared currency among the pairs traded, 74 of the trades are correlated. Quite a large group, but it makes sense considering the sort of moves we're looking for with this system.
This means you are opening yourself up to more risk if you were to trade on every signal since you are technically trading with the same underlying sentiment on each different pair. For example, GBP/USD and AUD/USD moving together almost certainly means it's due to USD moving both pairs, rather than GBP and AUD both moving the same size and direction coincidentally at the same time. So if you were to trade both signals, you would very likely win or lose both trades - meaning you are actually risking double what you'd normally risk(unless you halve both positions which can be a good option, and is discussed in ParallaxFX's posts and in various other places that go over pair correlation. I won't go into detail about those strategies here).
Interestingly though, 17 of those apparently correlated trades ended up with different wins/losses.
Also, looking only at trades that were correlated, winrate is 83%/70%/55% (for the three TP levels).
Does this give some indication that the same signal on multiple pairs means the signal is stronger? That there's some strong underlying sentiment driving it? Or is it just a matter of too small a sample size? The winrate isn't really much higher than the overall winrates, so that makes me doubt it is statistically significant.
One more funny tidbit: EUCAD netted the lowest overall winrate: 30% to even the -61.8% TP level on 10 trades. Seems like that is just a coincidence and not enough data, but dang that's a sucky losing streak.
EDIT: WOW I spent some time removing correlated trades manually and it changed the results quite a bit. Some thoughts on this below the results. These numbers also include the other "What I will trade" filters. I added a new worksheet to my data to show what I ended up picking.
To do this, I removed correlated trades - typically by choosing those whose spread had a lower % of the trade width since that's objective and something I can see ahead of time. Obviously I'd like to only keep the winning trades, but I won't know that during the trade. This did reduce the overall sample size down to a level that I wouldn't otherwise consider to be big enough, but since the results are generally consistent with the overall dataset, I'm not going to worry about it too much.
I may also use more discretionary methods(support/resistance, quality of indecision/confirmation candles, news/sentiment for the pairs involved, etc) to filter out correlated trades in the future. But as I've said before I'm going for a pretty mechanical system.
This brought the 3 TP levels and even the breakeven strategies much closer together in overall profit. It muted the profit from the high R:R strategies and boosted the profit from the low R:R strategies. This tells me pair correlation was skewing my data quite a bit, so I'm glad I dug in a little deeper. Fortunately my original conclusion to use the -161.8 TP level with static stops is still the winner by a good bit, so it doesn't end up changing my actions.
There were a few times where MANY (6-8) correlated pairs all came up at the same time, so it'd be a crapshoot to an extent. And the data showed this - often then won/lost together, but sometimes they did not. As an arbitrary rule, the more correlations, the more trades I did end up taking(and thus risking). For example if there were 3-5 correlations, I might take the 2 "best" trades given my criteria above. 5+ setups and I might take the best 3 trades, even if the pairs are somewhat correlated.
I have no true data to back this up, but to illustrate using one example: if AUD/JPY, AUD/USD, CAD/JPY, USD/CAD all set up at the same time (as they did, along with a few other pairs on 6/19/20 9:00 AM), can you really say that those are all the same underlying movement? There are correlations between the different correlations, and trying to filter for that seems rough. Although maybe this is a known thing, I'm still pretty green to Forex - someone please enlighten me if so! I might have to look into this more statistically, but it would be pretty complex to analyze quantitatively, so for now I'm going with my gut and just taking a few of the "best" trades out of the handful.
Overall, I'm really glad I went further on this. The boosting of the B/E strategies makes me trust my calculations on those more since they aren't so far from the passive management like they were with the raw data, and that really had me wondering what I did wrong.

What I will trade

Putting all this together, I am going to attempt to trade the following(demo for a bit to make sure I have the hang of it, then for keeps):
Looking at the data for these rules, test results are:
I'll be sure to let everyone know how it goes!

Other Technical Details

Raw Data

Here's the spreadsheet for anyone that'd like it. (EDIT: Updated some of the setups from the last few days that have fully played out now. I also noticed a few typos, but nothing major that would change the overall outcomes. Regardless, I am currently reviewing every trade to ensure they are accurate.UPDATE: Finally all done. Very few corrections, no change to results.)
I have some explanatory notes below to help everyone else understand the spiraled labyrinth of a mind that put the spreadsheet together.

Insanely detailed spreadsheet notes

For you real nerds out there. Here's an explanation of what each column means:

Pairs

  1. AUD/CAD
  2. AUD/CHF
  3. AUD/JPY
  4. AUD/NZD
  5. AUD/USD
  6. CAD/CHF
  7. CAD/JPY
  8. CHF/JPY
  9. EUAUD
  10. EUCAD
  11. EUCHF
  12. EUGBP
  13. EUJPY
  14. EUNZD
  15. EUUSD
  16. GBP/AUD
  17. GBP/CAD
  18. GBP/CHF
  19. GBP/JPY
  20. GBP/NZD
  21. GBP/USD
  22. NZD/CAD
  23. NZD/CHF
  24. NZD/JPY
  25. NZD/USD
  26. USD/CAD
  27. USD/CHF
  28. USD/JPY

TL;DR

Based on the reasonable rules I discovered in this backtest:

Demo Trading Results

Since this post, I started demo trading this system assuming a 5k capital base and risking ~1% per trade. I've added the details to my spreadsheet for anyone interested. The results are pretty similar to the backtest when you consider real-life conditions/timing are a bit different. I missed some trades due to life(work, out of the house, etc), so that brought my total # of trades and thus overall profit down, but the winrate is nearly identical. I also closed a few trades early due to various reasons(not liking the price action, seeing support/resistance emerge, etc).
A quick note is that TD's paper trade system fills at the mid price for both stop and limit orders, so I had to subtract the spread from the raw trade values to get the true profit/loss amount for each trade.
I'm heading out of town next week, then after that it'll be time to take this sucker live!

Live Trading Results

I started live-trading this system on 8/10, and almost immediately had a string of losses much longer than either my backtest or demo period. Murphy's law huh? Anyways, that has me spooked so I'm doing a longer backtest before I start risking more real money. It's going to take me a little while due to the volume of trades, but I'll likely make a new post once I feel comfortable with that and start live trading again.
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The Republic Trooper and Sith Warrior make great foil.

EDIT: Charles Boyd just commented. This is the happiest day of my life.
Definition of foil. Warning: TvTropes is well known for killing time as fast as Vitiate kills people on Ziost.
I've noticed throughout the game that the Republic Trooper and the Sith Warrior have plenty of opportunities for comparison. As such, I have compiled a list of as many similarities and differences between each class as possible. Feel free to suggest more.

STORY-WISE

COMPANIONS

MECHANICALLY

MISCELLANEOUS

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E-F 1k-5k

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fightingillini fightoffyourdemons fightscenes FightTraining figuredrawing fijerk filecoin filemaker filesfm filesystems filipinabargirls filipinas Filipino FillsYourNiche filmclass FilmClubPH Filme FilmFaces filmfashion Filmmaker4Filmmaker filmphotos filmreroll filmscoring FilmsExplained filmstruck filmstudies FilmTalk FilmTheorists FilmTVBudgeting filosofia_en_espanol filth FIN_EL_MEME FinalDestinationShit FinalFantasy14 FinalFantasy7 FinalFantasyExplorers FinalFantasyIX FinalFantasyVIII FinallyDeclassified FinalMouse FinalPunch financaspessoaispt FinanceNews finances financestudents financial FinancialAdvice financialaid FinancialPorn FindABand findanentwifefriend finddit FindExchange FindingDitto FindingFinna FindItOnAmazon FindMeADistro FindMeFood findswingerssexdating findthisshirt FineArt FineArtPhoto Fingerboards fingerstyleguitar fingols FinishTheJoke Finside Fios Fire firealarms firearmdealscanada firearts Firebase firebrigade fireemblemcasual FireEmblemCats FireEmblemFanArt firefall firefighter firefighters FireflyGifs FirefoxAddons FirefoxCSS FireFoxOS FireGuy12 Firehouse FIREIndia firePE firespin firestick FireteamsPS4 FireWallZeroHour firewood fireworks FirmForHerm firstamendment firstdayontheinternet FirstGalacticMemepire FirstGradeAnarchists firstgradeproblems firstimpressions firstpage FirstTimeHomeBuyer FirstTimeTTC FirstWorldSolutions fishcenter FishCognition Fishing_In_Thailand FishingAlberta FishingAustralia FishingOntario FishingPlanet fishingtackle FishMTG FishnetFetish fishplayspokemon fishshell FishTapedToATMs FistfulOfFrags fistofthenorthstar fit Fitbit_Fitness FitCelebs FitFI FitGirlsPorn FitMama fitmeme Fitmoe fitness_cringe FitnessDeals FitnessGuides fitnessonline FitnessTips88 FitOrFat FittingRoomCom FittitBuddy FitTunes FIU fived FiveFingerDeathPunch fivehead Fiverr FiverrGigs fivethirtyeight FiveTwo FiveYearsAgoOnReddit fixedgear fixmydiet FixThisSloMo Fizintine FizzMobile FJCruiser flacko FlagBabes Flaggyflag flags_irl Flagstaff 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FPSPorn FPVvideos fr FracturedButWhole FracturedSpace FragDecants fragfilms fragranceswap Framebuilding FrameByFrame francais FrancaisCanadien FranceLibre FranceskaFournier frankfurt FrankfurtSchool FRANKIEonPCin1080p franksadventures franksinatra frankthetank frankturner franzferdinand FrasierMemes fraud frcmemes freakazoid Freakonomics freddiemercury frederickmd fredericksburg fredericton free_images free_karma Free_Pizzas Free_steam_keys FreeAlbums FreeAtheism freebandcamp FREEBANDZ freebates freebiesandsamples FreeBits freebooks FreeCAD Freedombox freedomearth freedompop FreedomWars FreeDrama FreeEbooksMe FreeFireBattlegrounds FreeFolkNews freefonts Freefood freeforallfashion FreeGameGiveaway FreeGamesOniOS FreeGamesOnOrigin FreeGaming freeganism freegiveaways FreeHans freehardware freehelpmoney freehorrorstories freejazz freekindle freelancer Freelancers freelanceuk freelancewriting freelancing freeletics FreeLoops FreeMagazines freemasons FREEMEDIAFUCKYEAH FREEMEDIAHECKYEAH 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frugalcosplay FrugalHouston frugalinteriordesign frugaljerk FrugalMensFashion frugalnyc FrugalPaleo FrugalSports frugalsupplements FrugalTO frugaltravelgear FrugalUrbanHermits FrugalWedding FrugalWrist fruit fruitfaces Fruitgore FruitsBasket FRUITUNION FruityLoops FryMyMeme fsf fsusports fsx FTB_Design FTH ftm_irl FTM_SELFIES ftmcirclejerk ftmfashionadv FTMfemininity FTMMen FTMOver30 FtMpassing Fuchsia fuck FuckableFaces fuckanimals FuckArvo FUCKBLOAT FuckCaillou Fuckcancer FuckCilantro fuckcoop FUCKDAVIDKING FuckDruid fuckedupsimsstories FuckedUpThoughts fuckerebus fuckfuckfuckthirdsub fuckfuckthirdsub FUCKGARY Fucking fuckingcooking FuckingDragonCars FUCKINGINFURIATING fuckingkaren fuckmarrykill FuckMindy fuckmoash FuckMyLife FuckMyne fucknoobmaster69 fuckpatty Fuckscapes Fuckstannis FuckStuartLittle FuckTedFaro FuckTheZuck fuckthirdsub FuckToken FuckUnitedAirlines fuckyea fuckyoumorgan Fude FuelRats FujifilmX fulbo fulbright fulhamfc FullAlbumsOnYouTube fullanimeonyoutube fullconcertonyoutube fulldisclosure FULLDISCOURSE fulldocumentary fullhouse fulllife fullmatch fullmatchesonyoutube fullmetalifrit fullmovierequest FullNames FullNEWS fullnfl FULLPOSADISM FullSciFiMovies FullSkateVideos FullSpeedAhead FullStack fullstalinism FullTiming fulltvshows fulltvshowsongoogle FullyClothedAsians Fun FunAskReddit functional functional_miniatures FundersToken fundraiser FuneralDoomMetal FuneralHomePorn FunFair Fungi FungusZombies FunHolsters funimation funkhouse Funko_Pop FunkoPopDeals FunkStyle FunniestVideos Funny_Autocorrect funny_news funny_pics_videos funny_uncensored funnyanswers funnybutsad FunnyButWhy funnycarmods funnycats FunnyCommercials FunnyDankMemes Funnydogs funnyfartstories FunnyGun funnymeme funnyphilosophy funnyreviews FunnySad FunnyStockPics funnystories FunnySupernatural FunnyTexts funrun FunUnsolvedMysteries Funwaa furby Furi FuriousParents furniture_design furnitureporn furniturerestoration furrealmemes FurriesAreSubhuman furry_catwalk FurryHateFederation furryjerk fursona fusion Fusionfall fuslieandedison FusterTwins Futanarly futbolmx futsal FuturamaBlockchain futuramashitposting FuturamaSleepers future future_economics Future_Technology FutureAnthropology FutureBassProduction futurehouse FutureMan futurememes futureology FuturePresent FutureSchoolCool FuturesTrading futuretechno futureworldproblems Futuristpolitics fuuka Fuzzrock fweddit FWEPP fwjodye fxKorea FYFFest FZ07 FZ09 Fzero
submitted by j259awesome to u/j259awesome [link] [comments]

Some news you may have missed out on part 61.

-Karachi is Planning to Restart Tram Services
Sindh Government is planning to restore the glory of old Karachi area and is planning to rebuild tram services. For the construction and operations of tram service, the provincial government is looking to acquire services of Austrian experts. The Sindh Chief Minister, Murad Ali Shah, met with the Pakistani ambassador posted in Vienna, Mansoor Ahmed Khan, at CM House Karachi. In the meeting, both discussed ways to improve relations with the Austrian government in the field of technical education, renewable hydropower and city planning for Karachi.
-Pakistan’s logistics market reaches $34.2bln
Pakistan’s logistics market has reached $34.2 billion with annual growth of 18 percent, a minister said on Saturday, while unveiling a plan for state-owned postal operator to enter into ecommerce business. Minister for Postal Services Murad Saeed said future initiatives of Pakistan Post would be compatible with the contemporary needs of existing times.
“This would include an entry into the ecommerce business,” Saeed said at a meeting. The minister announced a pilot project for microfinance loan disbursement of Khushhali Bank through Pakistan Post. The project will be piloted by the first week of January and will formally be inaugurated by the mid of January.
-Pakistan Army inducts indigenous built Multiple Launch Rocket system in Artillery Corps
As per the media report, Pakistan Army has inducted A-100 rocket in Multiple Launch Rocket System (MLRS) of its Corps of Artillery. Media wing of the armed forces, the Inter Services Public Relations (ISPR) said A-100 rocket had been indigenously developed by Pakistani scientists and engineers. “With over 100 kilometers range the Rocket is a highly effective and potent for interdiction that can effectively disrupt enemy’s mobilization and assembly,” said the ISPR.
-$15 billion investment package likely from UAE including mega oil refinery in Pakistan
Pakistan is likely to get $ 10 -15 billion investment package from UAE , likely to be announced during the visit of Crown Prince, sources said. Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan is expected to announce the facility for Pakistan during his visit to the country starting January 6. The sources added that Pakistan, in collaboration with the UAE , is also starting construction of Parco Coastal Refinery in Balochistan worth over $5 billion.
-Abu Dhabi crown prince to arrive in Pakistan on January 6
Crown Prince of Abu Dhabi Sheikh Muhammad bin Zayed Al Nahyan is scheduled to arrive in Islamabad on January 6, Express News reported.
Sheikh Mohammad, who is also Deputy Supreme Commander of the UAE Armed Forces, had accepted an invitation to visit the country extended by Prime Minister Imran Khan in a telephonic conversation last year. Sources the crown prince will be accompanied by a high-level delegation. He is expected to announce investments in Pakistan.
-Currency dealers offer to bring $1b a month
Currency dealers have brought $13 billion in Pakistan in the past eight years, including $1 billion since August 2018, to stabilise the country’s foreign currency reserves, the dealers claim. “Dealers contribute $200-300 million a month to the country’s reserves through commercial banks,” said Pakistan Forex Association President Malik Bostan while briefing Finance Minister Asad Umar.
“They (dealers) have the potential to bring up to $1 billion a month,” he told The Express Tribune after meeting the finance minister and Federal Investigation Agency (FIA) Director General Bashir Memon in Islamabad recently. A delegation of currency dealers, headed by Bostan, asked the minister that the government should offer Rs2 per dollar in rebate to attract higher remittances from overseas Pakistanis. The incentive would help currency dealers to realise their true potential and contribute maximum dollars to the country’s foreign currency reserves, it said.
-Imran, Erdoğan discuss bilateral relations, regional issues in Turkey
Prime Minister Imran Khan on Friday held a one-to-one meeting with President Recep Tayyip Erdoğan in Ankara during his two-day official visit to Turkey. Both the leaders discussed various issues including bilateral relations, national and international issues of mutual interests. A high-level delegation including Foreign Minister Makhdoom Shah Mahmood Qureshi, Finance Minister Asad Umar, Planning Minister Makhdoom Khusro Bakhtiar, Adviser on Trade Abdul Razak Dawood and Special Assistant to PM Zulfikar Bukhari is accompanying the PM during his first tour to Turkey.
-TLP chief Khadim Rizvi remanded to police custody for another 20 days
An anti-Terrorism Court (ATC) in Punjab capital city has granted a 20-day physical remand of Tehreek-e-Labbaik Pakistan (TLP) chief Khadim Hussain Rizvi and others. Civil Lines police officials, after producing Rizvi in court amid tight security, sought a 30-day remand of the firebrand cleric, Pir Afzal Qadri, Pir Ijaz Ashrafi, and Hafiz Farooqul Hassan.
-Pakistan prepares Terror Financing Risk Assessment Report for FATF crucial session
Pakistan has prepared Terror Financing Risk Assessment Report in line with the FATF conditions that would be scrutinized in face to face upcoming meeting of the FATF scheduled to be held next week at Sydney. “We will dispatch Terror Financing Risk Assessment Report to FATF on Friday (today) that basically identifies both domestic and foreign sources of funding being utilized for execution of terrorists’ activities,” confirmed by one top official.
-This city in Pakistan is going to use cow poo to power its buses
In a bid to freshen its air and cut planet-warming emissions, the Pakistani port city of Karachi will introduce cleaner-running buses powered by a decidedly "unclean" fuel: cow poo. With funding from the international Green Climate Fund, Karachi will launch a zero-emission Green Bus Rapid Transit (BRT) network, with 200 buses fuelled by bio-methane. Locals said the new bus system - due to start operating in 2020 - would help reduce air pollution and street noise, but doubted whether it would have enough buses to resurrect the city's ailing transport system.
"(Karachi's) public transport system has totally collapsed and most people have to use online taxi-hailing services (and) auto rickshaws," said commuter Afzal Ahmed, 45, who works as a medical sales representative. After management problems forced the Karachi Transport Corporation to fold some two decades ago, Chinese-imported buses running on compressed natural gas fell into disrepair and were taken off the road, worsening public transport woes, he noted.
-KP announces development package for Buddhist sites in Mardan
Khyber-Pakhtunkhwa government has announced a development package for preserving and promoting the Buddhist relics at Takht Bahi, Jamal Garhi and Shehbaz Garhi.
Senior Minister for Culture, Tourism and Youth Affairs Atif Khan said this during his visit to Buddhist sites in Mardan on Thursday. “The K-P government will develop Buddhist sites at Takht Bahi, Jamal Garhi and Shehbaz Garhi as international tourism destinations,” he said announcing plans to construct chairlift to facilitate the tourists"
-PM Imran Khan approves Rs 50 billion package for Karachi
Sindh Governor Imran Ismail has said that Prime Minister Imran Khan has given approval of funds of 50 billion rupees for Karachi that would be utilized to resolve the long standing issues of the metropolis. He was talking to media in Karachi today (Friday) after attending the International Property Expo. The Governor said we intend to start work to improve the condition of roads in the city and to lift the garbage that has marred the beauty of the city for a long time now.
He said work would also start soon to lift the debris of encroachments that have been razed to the ground.Talking about the transport projects, the Governor said that the Green Line Bus Service will be fully functional within 4 to 6 months. He said that work on the project by the Federal Government has been completed. He said Sindh Government is carrying out its work while provision of buses for the project by Sindh Government is also awaited.
-KP government launched mega project in 25 Tehsils of tribal districts
Khyber Pakhtunkhwa government launched a mega project of establishing new playgrounds and upgrading the existing ones in twenty-five different tribal tehsils. Secretary Sports Shahid Zaman said that administration is working on war footing on this project as directed by Prime Minister Imran Khan. He said besides constructing playing fields in tribal areas, it has also been decided to hold a grand tribal districts games event wherein 8 to 10 mostly popular games would be organized and players would be given kits and other facilities.
-Turkey hints at buying Military Aircrafts from Pakistan
Turkish President Tayyip Erdogan has hinted at buying Military trainer aircrafts from Pakistan.
-Pakistan becomes 5th largest Motorcycle producing country of the World
With 2.5 million units produced annually in Pakistan, country has become the fifth largest motorcycle producing country of the World.
-Huge weapons cache recovered by Security Forces in KP
Aurakzai Scouts on Friday during a raid at compound in Baghnak area of upper Tehsil of district Aurakzai seized a huge cache of arms and ammunition dumped underground, security sources said. The raid was conducted on tip off that huge quantity of arms and weapons have been dumped at foot-hills. The weapons included 14 hand grenades with 11 fuses, four mortar-shell, explosives and 478 cartridges of machine guns. The seized weapon was dumped for use in some subversive activities, the sources added.
-After British Air, Yet another leading Airline of the World wants to start flight operations from Pakistan: Report
German Ambassador has hinted that German Flag carrier and one of the leading Airline of the World Lufhtansa Air wants to start operations from Pakistan.
-$46 billion export target: Comprehensive strategic policy urged to boost exports
President Rawalpindi Chamber of Commerce and Industry (RCCI) Malik Shahid Saleem Friday called for formulating a comprehensive strategic policy to boost exports. He said business community was looking towards government’s concrete steps to ensure key macro indicators of the economy.
"We want more information and input on the Strategic Trade Policy Framework (STPF) 2018-23 with an aim to double the country’s exports to $46 billion in next five years," he added. In a statement, President RCCI said the government should evolve a comprehensive strategy in consultation with the private sector to increase exports .
-Gilgit Baltistan Tourism and Gems sector: PTI government takes important decisions
Minister for Kashmir Affairs and Gilgit Baltistan Ali Amin Gandapur says GB has world's best tourism attractions with beautiful waterfalls, lakes, meadows, deserts, and skiing resorts. In an exclusive interview with Radio Pakistan's Correspondent Ijaz Hussain, he said government is committed to develop the untapped tourism potential of Gilgit-Baltistan. The Minister said an MoU will soon be signed with leading international companies to develop eight lakes in the first phase
-ExxonMobil making $250 million investment in Pakistan: Razak Dawood
Adviser to Prime Minister on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood said Exxon Mobil was making an investment of $250 million in Pakistan. He said the company had re-entered Pakistan after a gap of almost three decades and setup its office in the country. Pakistan is requesting China to switch its investment focus from power & infrastructure to industrialization, agriculture and education in regard to the China-Pakistan Economic Corridor (CPEC).
-Weekly inflation decreases by 0.31pc
The inflation based on Sensitive Price Index (SPI) during the week ended on January 3, for the combined income group registered a decrease of 0.31pc as compared to the previous week.
The SPI for the week under review in the above-mentioned group was recorded at 237.85 points against 238.58 points registered in the previous week, according to the data released by the Pakistan Bureau of Statistics (PBS) on Friday.
-Chinese group to set up $70 million ceramics unit in Faisalabad
A prominent Chinese industrial group has decided to establish a ceramics unit in Pakistan with an investment of $70 million – a decision that is likely to lessen country’s reliance on imported tiles.
“The ceramics unit is expected to become operational by March 2020,” according to a senior official of the Faisalabad Industrial Estate Development and Management Company (FIEDMC). FIEDMC, located in the heart of Pakistan’s industrial hub, is rapidly transforming into an attractive destination for well-known foreign companies, which are planning to set up their units following lack of progress on the Special Economic Zones (SEZs), which are planned to be constructed under the China-Pakistan Economic Corridor (CPEC). “The Chinese industrial group already enjoys its presence in 50 countries,” said FIEDMC Chief Executive Officer Aamir Saleemi. “The group plans to import machinery from China and aims to complete work by March 2020.”
-Prime Minister Imran Khan invites Turkish investors to join CPEC
Prime Minister Imran Khan, who is on his first official two-day visit to Turkey, on Thursday said that it's time for Islamabad and Ankara to take their bilateral trade to a higher level, citing Pakistan’s ideal geo-strategic location and its huge potential for investment in infrastructure and tourism.
Addressing a business forum of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara on Thursday night, he said his government will provide all possible assistance and support to the Turkish investors in Pakistan, Khan said that Pakistan is a virgin territory as a lot of trade areas have not been exploited yet, adding that huge reserves of oil, gas, copper, coal and other admirals are yet to be unexplored. He said tremendous trade and economic activities will start due to China-Pakistan Economic Corridor (CPEC). He said special economic zones are being established through this mega project.
submitted by FashBasher1 to pakistan [link] [comments]

The Bincentive platform and its utility token

The Bincentive platform and its utility token (BCNT) is based on the Ethereum blockchain. The distribution of BCNT could have three levels: private sale, pre-sale, and public list. Participants in search of to contribute in the direction of the improvement of Bincentive can do so with the aid of sending Ether forex to the detailed address. Investors will get hold of their tokens after every successful stage. Bincentive will construct a token sale whitelist, enrollment, and BCNT exchange carrier website online for all traders after each selling stage. Bincentive’s token launch will comprise of two token types, BCNT and BCNP. The first token, BCNT, is the respectable mirror trading utility token. Members’ needing to take part in reflect trading offerings will want to buy and withdraw BCNT using USDT on the Bincentive carrier website. Initially, BCNT is obtainable at a set USDT price till the crowning glory of the token trade listing Bincentive’s 2nd token, BCNP, is a optimal token offered only during public pre-sale and as a reward airdrop token. One difficulty to the two modern-day biggest block chains, Bitcoin and Ethereum, is the quantity of general transactions that may be processed at any given time. To sidestep this hassle Ethereum Plasma, a “by-product” blockchain connected to the “essential” Ethereum chain, allows transactions to be completed within its own chain and simplest sends correctly completed transactions to the general public Ethereum chain. As a result, statistics processing speeds are increased and transactions costs are reduced. In addition to efficiency gains, Plasmacontinues to offer the identical stage of safety as its parent blockchain, Ethereum. Smart contracts on Ethereum Plasma can have decreased transaction costs, scaled up carrier capacity, advanced data processing speed, and greater safety. Smart gateway buying and selling facts streams on Ethereum Plasma or EOS infrastructure solutions will also see the same blessings.
https://www.bincentive.com/
Bounty0x Username: omolad
submitted by Omolad to ICOAnalysis [link] [comments]

(Reboot) ELI5 on how China fucked their own economy, chapter 6

OK Yesterday's HCFTHE was a big let down. I read on the next few chapters and I feel like there's no more point in translating anymore because the author's coherence is slipping.
This is a reboot. From here on, it's all cruise speed. No translating, it's all me!
(Translated) Chapter 1
(Translated) Chapter 2
(Translated) Chapter 3
(Translated) Chapter 4
(Translated) Chapter 5
Chapter 6: RMB internationalization, a dream? a future?
RMB internationalization. You've heard of RMB. We all have, the legend, the curses. Some foolishness about a currency that never devalues. A closed currency. Buried beneath an opaque monetary policy... a bald, aging portrait of Mao luring investors to their dreams. An illusion that you can begin again, change your fortunes. Issuing them, though, that's not the hard part. It's internationalization.
(Sorry been playing A LOT of fallout. Production is down 50% because half my office are gone and the other half...are playing with me. Seriously, fuck Chinese New year.)
Except for the face culture, RMB internationalization is pretty much a national goal of China. To have their currency achieve global status will make it a rival currency for the USDollar, much like the Euros...except it's Asian. An Asian euro is crucial for China to establish its asiaphere influence zone. Having China enter IMF's basket of currencies is just a first step.
Before we talk about "how", let's talk "why". Why is it important for RMB to go global. For this we will need a deep understanding of world economics, but to dumb it down to ELI5 levels, we'll simplify it down as following:
World domination.
Wow wow wow holy fuck upads what the fuck!? This escalated quickly!
Sorry, but this is a fact. The British Pound, once served as the world's premier reserve currency, shaped the British Empire where the sun never. In fact, UK still hold [14 overseas territories[(https://archive.org/stream/09LONDON1039/09LONDON1039_djvu.txt), and the sun never sets on all fourteen British territories at once. Glory to the queen!
OK let's double time, here's a short list of goals that RMB internationalization can help achieve:
  1. Debt. Chinese companies have a lot of debt in USD. As of right now China don't want RMB to devalue because it would make debts harder to pay.
  2. Getting rid of forex risk. Self explained.
  3. Exports. With all China's debts in RMB there will be no consequence in devaluing the RMB. Will you pay $400 for a Huawei smartphone? No? How about $100? Cheaper price, it helps boosts sales volume. A lot.
  4. Getting rid of language barrier. If you look up most common language on harmony it lists Chinese with the most number of speaker s in the world, followed by Spanish, then English. Guess what language is most common in the business world? English. Guess what language does world reserve currency countries speak? English.
  5. Getting rid of autistic monkeys ESL teachers. Having RMB as a global currency will help China demand their business partners to start speaking Chinese, giving China home field advantage. The reason ESL teachers are needed is because China needs to do business in English. Seriously why the fuck do I need to learn English if I'm not gonna do business?
  6. Better politics. With foreign languages kicked out of their curriculum, the Chinese population can spend more time learning useful things, such as how to worship the communist party Seriously, learning how to think politically is a mandatory subject in high school curriculum, as well as gaokao.
  7. Better economics.
Now on the spot light. Everyone who are asking me to talk about silk road start reading here.
Right now, China is in a tough spot with their overproduction problem. Here's a flow chart, from the start to now:
  1. Steel industries fighting to get into the market
  2. Too many steel suppliers leads to overproduction
  3. One steel suppliers try to eliminate competitions by driving prices down.
  4. Every steel supplier does the same.
  5. Prices eventually go so low, sales price is lower than production price.
  6. Every steel suppliers are now religions, praying their competitions will go bankrupt first so they can one day dominate the market.
  7. CCP cracks down on religion, prayers not answered. Steel suppliers now in the negative, have to borrow money from banks.
  8. Banking regulations stats they can only lend money to suppliers who are in business, i.e. have production and sales. Nobody can sack their workers and nobody can let their workers sit idle because it is also against the law to have idle workers.
  9. Death spiral: Lending leads to production, production leads to loss, loss leads to lending.
China is not as stupid as you think. They know how supply and demand works. They did not foresee the death spiral because there is no precedent. In normal cases supply-demand imbalance even out naturally by supply side shutting down due to lack of profit. But this is China. Steel makers are not investing their own money in the business, they are getting their source of funds from the government are. They do not care if their factories do not turn a profit. Afterall, it's not their own business.
"China is different." Damn right you are. China is the only country in the WTO whose majority of the population lacks independent thinking. The Chinese hierarchy system...it's a convenience. It tells you where to go, what to do, dulls your brain. The party wants us to make steel, I make steel, you make steel, everyone make steel! Everyone apply for a job for the steel making industry and everyone get subsidy from the government! Everyone drive down prices and everyone borrow money! Because the party says we need to make steel.
To fix this death spiral, China needs a larger demand, and if they cannot create demand among themselves, they have to create demand among foreign countries...and there is no way in hell the Americans and Europeans will accept Chinese quality steel.
So, turning their eye to Iran, Pakistan and other developing countries. Cue the one belt, one road protocol. Here's their pitch, dumbed down:
China: Do you want GDP? Do you want groooowth? Learn from us! Build bridges! We can sell you steel at half price! Not like greedy Europeans.
Really, that's it. Building infrastructure is one of the fastest way to bump your GDP, even if they end up useless later on. If China can sell their steel to those countries, they can effectively get rid of a lot of overproduction, maybe even evening out the supply-demand imbalances with the increase in demand!
Two obstacles here.
These developing countries have their own currency, and their other currency is in the form of foreign exchange, in USD. Foreign exchange risk still applies here. Secondly, because they are developing countries...often they don't have the money.
The solution: lend them money. With RMB. Through the Asia Infrastructure Investment Bank. This is going to kill 3 birds with one stone.
  1. Provide capital...provide a means to demand for things. The steel makers can now make a sale, easing oversupply problem finally.
  2. Weaken USD status, strengthen RMB status. Take loan out in RMB, repay with RMB...except you don't have RMB in your reserves. You take your USD from your foreign reserves, and exchange for RMB, because with closer ties with China supplying your every needs, there is no reason to be keeping those USDollars. Although AIIB says it's going to offer USD, Euro and RMB, you bet your ass that they are going to offer some very good conditions on taking loans out in RMB...the potential of further devaluation of RMB is already very attractive, I wonder what else they can add.
  3. Debt settlement. China can now use your USD to repay your debt (fun fact: AIIB lending terms are on a 3 year basis, so they will be collecting their USD in 2019----Guess when the majority of China's foreign debts are due? 2020. Their timing is just perfect).
  4. Positive cycle: Initial lending leads to sales of steel, sales of steel leads to infrastructure building, infrastructure building leads to more sales of other materials, which leads to more lending...the whole cycle leads to weaker USD status in these countries and strong RMB status.
Whew! That's a lot of research! Now that we got the AIIB out of the way, one belt is partially explained but to those who don't get it, high speed rail uses a lot of steel, and is considered infrastructure.
Now that we've got AIIB and one belt under the belt, the last that remains: one road. This is when I'm going into /conspiracy level shit talking and I'm sure I'll be generating a lot of downvotes, so I'll keep it skippy. Here's a list of problems are facing that can be solved with one road(sea silk road):
  1. Over production
  2. Economy focused along shorelines
  3. Dependency on natural resources from hostile foreign forces.
Here's how one road will help them solve these problems:
  1. Trade to solve overproduction, already mentioned above.
  2. Give China an excuse to exercise more controls on the sea, such as the entire South China Sea.
  3. This is the most important. Control of sea routes will allow China to prioritize their freight routes over other countries. While SCS is going to be free, it will be "free with Chinese characteristics". Freights from China are going to flood the SCS and take up a lot of queue space in sea routes shared with other countries, namely Brunei, India, Indonesia, Japan, Korea, Malaysia, Philippines, Taiwan, Phili, Indonesia, Taiwa, Vietnam, etc. If you have ever tried queuing with the Chinese, you know how this will end.
  4. Fuck yeah.
submitted by upads to China [link] [comments]

Subreddit Stats: football posts from 2018-07-30 to 2018-08-21 16:30 PDT

Period: 22.16 days
Submissions Comments
Total 268 1189
Rate (per day) 12.09 51.49
Unique Redditors 110 627
Combined Score 4054 4983

Top Submitters' Top Submissions

  1. 767 points, 56 submissions: Commandant1
    1. Joe Hart joins Burnley after 12 years as a Manchester City player (126 points, 14 comments)
    2. Tottenham stadium move 'could be delayed until 2019' as new setback is revealed (84 points, 9 comments)
    3. Keisuke Honda to coach Cambodia national team while playing in A-League (83 points, 5 comments)
    4. Bolt agrees to training deal with club (79 points, 18 comments)
    5. Keep bribes quiet for 10 years, FIFA won't punish you (61 points, 5 comments)
    6. David Silva: Manchester City's Spain midfielder retires from international football (57 points, 9 comments)
    7. Victor Moses: Chelsea's Nigeria winger announces international retirement at 27 (37 points, 3 comments)
    8. Barcelona reach deal to sign Vidal from Bayern (22 points, 2 comments)
    9. Liverpool, Besiktas agree Karius loan - sources (21 points, 0 comments)
    10. Juventus takes MLS All-Star Game on De Sciglio's penalty-winner (20 points, 0 comments)
  2. 450 points, 9 submissions: ammar430
    1. Neymar earned £200,000 to say sorry for behaviour at the World Cup – and he didn’t even write the apology (175 points, 33 comments)
    2. Luka Modric price tag set at staggering £670m as Real Madrid warn Inter Milan off transfer (159 points, 25 comments)
    3. Florentino is willing to pay 300m euros to bring Neymar to Real Madrid (65 points, 21 comments)
    4. Cristiano Ronaldo news: ‘Bayern Munich would not have spent €100m on a 33-year-old’ – Karl-Heinz Rummenigge admits surprise over Juventus deal (36 points, 8 comments)
    5. Neymar 'targeted by Real Madrid in £269m move' - Saturday's gossip (9 points, 2 comments)
    6. FIFA 19 Cover With Cristiano Ronaldo & Neymar Revealed (5 points, 0 comments)
    7. Modrić, Ronaldo and Salah up for UEFA Player of the Year (1 point, 8 comments)
    8. Cristiano Ronaldo: Juventus star blasted by Sergio Ramos for comments aimed at Real Madrid | Football | Sport (0 points, 1 comment)
    9. ‘Manchester United will sack Jose Mourinho because of Paul Pogba’ - EXCLUSIVE (0 points, 3 comments)
  3. 391 points, 19 submissions: CryptoandFOREX
    1. Eden Hazard to be offered £300k a week to stay at Chelsea! (117 points, 25 comments)
    2. Messi makes LaLiga history with Barcelona's 6000th goal! (87 points, 4 comments)
    3. Mohamed Salah filmed using mobile phone while driving with footage of Liverpool star handed over to police (62 points, 62 comments)
    4. FIFA World Rankings: France sit top and England move up six after World Cup (53 points, 16 comments)
    5. With our 'cojones' Atletico can beat anyone(says Diego Costa) (29 points, 5 comments)
    6. Jurgen Klopp vs Sergio Ramos and other famous feuds in football (14 points, 5 comments)
    7. One-Man Teams? Ranking the Importance of the Star Player at Every Premier League Club (7 points, 5 comments)
    8. Man Utd: Jose Mourinho gets board's backing, club not considering Zinedine Zidane (5 points, 4 comments)
    9. Transfer news: Done deals on Friday, August 17 as Ragnar Klavan and David Ospina complete moves (5 points, 1 comment)
    10. MONDAY'S Paper Talk (3 points, 0 comments)
  4. 307 points, 1 submission: Abyinka007
    1. Great skill (307 points, 12 comments)
  5. 277 points, 5 submissions: uk95
    1. Toni Kroos named German Footballer of the Year (98 points, 17 comments)
    2. AC Milan seals Higuain signing and Bonucci-Caldara swap with Juventus (78 points, 3 comments)
    3. Qatar’s 2022 World Cup Bid Used ‘Black Operations’: UK Report (61 points, 3 comments)
    4. Allegri ‘honoured’ by Madrid interest but happy at Juventus (37 points, 2 comments)
    5. 5 Deadline day Premier League transfers to watch out for (3 points, 0 comments)
  6. 208 points, 1 submission: gv_20
    1. Asian Games Football Syria 0-2 China 45’ Zhang Yuning absolute banger from outside of the box [GREAT COUNTER] (208 points, 13 comments)
  7. 167 points, 7 submissions: SubbyDoo
    1. Sepp Batter says Qatar cheated to host World Cup | News | The Sunday Times (101 points, 16 comments)
    2. Chelsea manager Emma Hayes lost one of her twins during pregnancy. She kept it secret, even from her players, and still managed to win the league and FA Cup. Now her son Harry is 10 weeks old, she reflects on a turbulent few months:‘Losing a child makes you more vulnerable but more grateful’ (46 points, 1 comment)
    3. Barcelona president won't rule out bid for Pogba: 'We'll see' (9 points, 0 comments)
    4. Aguero has broken the barrier of 200 goals scored for Manchester City, in just 293 games, a new club record. (5 points, 0 comments)
    5. Ornstein: #AFC and Fulham agreed a loan deal for Chambers. Personal terms yet to be agreed but deal is close. Both Arsenal & player keen to have regular playing time which wasn’t guaranteed if he stays. (4 points, 0 comments)
    6. Torreira’s agent said that Suarez had good things to tell Lucas about Arsenal & that he recommendation was vital for Lucas’ arrival at the club. (2 points, 0 comments)
    7. COPE: Kovacic has asked Real Madrid for a departure and could have a reunion with Inter. (0 points, 0 comments)
  8. 143 points, 23 submissions: FootballDailyThread
    1. Daily Transfer News Thread - 08/04/2018 (18 points, 3 comments)
    2. Daily Transfer News Thread - 08/07/2018 (18 points, 0 comments)
    3. Daily Transfer News Thread - 07/31/2018 (13 points, 0 comments)
    4. Daily Transfer News Thread - 08/05/2018 (12 points, 0 comments)
    5. Daily Transfer News Thread - 08/02/2018 (10 points, 2 comments)
    6. Daily Transfer News Thread - 08/01/2018 (8 points, 4 comments)
    7. Daily Transfer News Thread - 08/20/2018 (8 points, 0 comments)
    8. Daily Transfer News Thread - 08/11/2018 (7 points, 0 comments)
    9. Daily Transfer News Thread - 08/06/2018 (6 points, 0 comments)
    10. Daily Transfer News Thread - 08/10/2018 (6 points, 1 comment)
  9. 143 points, 14 submissions: LiveCommentator
    1. Match Thread: Manchester United vs Leicester City [English Premier League] (32 points, 3 comments)
    2. Match Thread: Newcastle United vs Tottenham Hotspur [English Premier League] (30 points, 2 comments)
    3. Match Thread: Arsenal vs Manchester City [English Premier League] (22 points, 1 comment)
    4. Match Thread: Liverpool vs West Ham United [English Premier League] (11 points, 4 comments)
    5. Match Thread: FC Ufa vs Progres Niederkorn [UEFA Europa League] (10 points, 0 comments)
    6. Match Thread: Paris Saint-Germain vs Atletico Madrid [International Champions Cup] (9 points, 0 comments)
    7. Match Thread: Sevilla FC vs Barcelona [Spanish Super Cup] (7 points, 2 comments)
    8. Match Thread: Chelsea vs Arsenal [English Premier League] (5 points, 7 comments)
    9. Match Thread: Chelsea vs Manchester City [English FA Community Shield] (5 points, 2 comments)
    10. Match Thread: Sheffield United vs Swansea City [English League Championship] (4 points, 1 comment)
  10. 118 points, 1 submission: WhaleBets_owner
    1. Premier League Transfer Window Summer 2018 - Round-up in an Infographic (118 points, 14 comments)

Top Commenters

  1. lorcanmartinvilla86 (289 points, 11 comments)
  2. zorfog (130 points, 3 comments)
  3. Madeupforya (126 points, 7 comments)
  4. xanfranreddit (92 points, 1 comment)
  5. benansell (73 points, 2 comments)
  6. I_likes_pedalling (72 points, 30 comments)
  7. banniemd2b (69 points, 24 comments)
  8. suppaman01 (66 points, 1 comment)
  9. IAmXeranthius (61 points, 1 comment)
  10. garyfromscotland (55 points, 16 comments)

Top Submissions

  1. Great skill by Abyinka007 (307 points, 12 comments)
  2. Asian Games Football Syria 0-2 China 45’ Zhang Yuning absolute banger from outside of the box [GREAT COUNTER] by gv_20 (208 points, 13 comments)
  3. Neymar earned £200,000 to say sorry for behaviour at the World Cup – and he didn’t even write the apology by ammar430 (175 points, 33 comments)
  4. Luka Modric price tag set at staggering £670m as Real Madrid warn Inter Milan off transfer by ammar430 (159 points, 25 comments)
  5. Joe Hart joins Burnley after 12 years as a Manchester City player by Commandant1 (126 points, 14 comments)
  6. Premier League Transfer Window Summer 2018 - Round-up in an Infographic by WhaleBets_owner (118 points, 14 comments)
  7. Eden Hazard to be offered £300k a week to stay at Chelsea! by CryptoandFOREX (117 points, 25 comments)
  8. Sepp Batter says Qatar cheated to host World Cup | News | The Sunday Times by SubbyDoo (101 points, 16 comments)
  9. Toni Kroos named German Footballer of the Year by uk95 (98 points, 17 comments)
  10. Messi makes LaLiga history with Barcelona's 6000th goal! by CryptoandFOREX (87 points, 4 comments)

Top Comments

  1. 218 points: lorcanmartinvilla86's comment in Neymar earned £200,000 to say sorry for behaviour at the World Cup – and he didn’t even write the apology
  2. 125 points: deleted's comment in What should I have done as a referee?
  3. 119 points: Madeupforya's comment in Luka Modric price tag set at staggering £670m as Real Madrid warn Inter Milan off transfer
  4. 94 points: zorfog's comment in Neymar earned £200,000 to say sorry for behaviour at the World Cup – and he didn’t even write the apology
  5. 92 points: xanfranreddit's comment in Why don't English players go abroad until it's too late?
  6. 66 points: benansell's comment in Bolt agrees to training deal with club
  7. 66 points: suppaman01's comment in Which is the best counter-attacking goal you've seen in these years?
  8. 61 points: IAmXeranthius's comment in Which is the best counter-attacking goal you've seen in these years?
  9. 51 points: lorcanmartinvilla86's comment in Florentino is willing to pay 300m euros to bring Neymar to Real Madrid
  10. 43 points: Dacsterful's comment in What should I have done as a referee?
Generated with BBoe's Subreddit Stats
submitted by VAR-Thread to subreddit_stats [link] [comments]

Is the US national debt an illusion?

I tend to agree with many of the forward-thinking viewpoints that are shared on Reddit. However, I feel there is misinformation being circulated regarding the US national debt. The core question that must be answered: What is the national wealth?
Private wealth in the US is almost $70 trillion. But dig deeper: What is the mineral wealth in our national parkland? What are the Rocky Mountains, Mendocino County, and ANWR worth? What is the aggregate oil wealth in public lands? What is the value of the US military in the jungle of international relations?
I argue that the $18 Trillion national debt pales in comparison to the national wealth of the United States. There is no better example of this than the revenue generated from Obama's successful energy exploration campaign.
When you take a look at the massive swaths of valuable land held by the federal government, it becomes clear that the total federally-owned real estate, oil, minerals, etc. within the borders of the USA could be valued in the quadrillions of dollars.
One thing has become increasingly clear to me: the United States HAS debt, but it is really not IN debt.
The purpose of the Federal Reserve is to govern the people through the money supply. The threat of hyperinflation or deflationary depression is exaggerated. The resource wealth of the United States - as well as the large, rich, taxable population - provides a backstop that keeps our currency strong, even in expansionary environments.
I believe this backstop is far more valuable than prior generations' use of precious metal reserves. I concede gold and silver are more tangible, but defining the national wealth by reserves of scarce metals is nothing more than a form of social brainwashing intended to keep resource-rich Americans feeling poor.
Conspiracy theorists and John Birchers who measure the national debt against gold reserves are engaging in monetary child's play. However, the Federal Reserve's ability to spend the past decade in crisis while hiding the money supply (M3) from the American public is brilliant. A brilliant scam that must come to an end in the United States, as it has in central banks throughout Europe and across the globe.
The strength of the dollar in FOREX markets in the wake of QE3 invalidates many conspiracy theories. As a market student and participant, I believe the dollar is legitimately strong and would remain strong through QE4, QE5, and QE6.
Is it time to end the myth of false scarcity? Is the easy answer - a dramatic increase in the debt ceiling to fund the Small Business Administration, Farm Service Agency, and regional banks - the best path for the US economy?
Recently an interesting statistic was released. The USA has fewer corporations today than 40 years ago, despite having three times as many citizens. If "corporations are people," do we just need more "people?"
Or is a multi-decade Japanese-style depression a better way to break the will of American men, break the daughters of the revolution into prostitution, seize American's weapons, and ultimately rejoin the British Crown and join the New/Old World Order?
I ask that question only half-sarcastically, because that appears to be the the intent of the current world order, and the path the United States is headed. Especially if either Hillary "Forester de Rothschild-RHODam" Clinton, or Jeb "Lehman is now Barclays" Bush are elected president.
This is serious business.
Sure, a new monetary system would be nice. But is a total revolution possible? Perhaps it is time to submit to reality, and finally admit that Reagan was right.
Mine eyes have seen the glory of the coming of a new hashtag.
submitted by YesIAm7 to shittyaskscience [link] [comments]

Was hoping you guys could help me find a post I can't seem to find again.

First of all I'm sorry for the poorly worded title.
Basically a while back when I first started reading about Forex I stumbled upon some advice given by an individual whose name (I'm pretty sure) began with Z. I know this is very little to go on so I'll clarify a bit more.
Basically this guy writes a huge comment in response to someone, and then someone posts his comment as inspiration on their blog. I believe he goes on to eventually have his own site too along with someone else, along with people on forums stealing his words of advice and adding on more, taking the glory.
The guy's advice is basically to stop thinking about all the individual indicators and thinking it'll be easy and that you should learn to read the market. Looking back at old data, writing down what you think will happen, learning what you did wrong. He is very brutal yet truthful and something about what he said really hit home for me.
It's been several years since I read the post, but I can remember finding that he had his own site at one point... the only problem being I can't remember his name and googling what I've remembered hasn't brought up anything related, there's really a lot of forex advice out there!
I'm really hoping that someone can help me and that I'm not going off on one where nobody has a clue what I'm on about.
Thanks!
submitted by ShredderDreader to Forex [link] [comments]

Is the US national "debt" an illusion?

I tend to agree with many of the forward-thinking viewpoints that are shared on Reddit. However, I feel there is misinformation being circulated regarding the US national debt. The core question that must be answered: What is the national wealth?
Private wealth in the US is almost $70 trillion. But dig deeper: What is the mineral wealth in our national parkland? What are the Rocky Mountains, Mendocino County, and ANWR worth? What is the aggregate oil wealth in public lands? What is the value of the US military in the jungle of international relations?
I argue that the $18 Trillion national debt pales in comparison to the national wealth of the United States. There is no better example of this than the revenue generated from Obama's successful energy exploration campaign.
When you take a look at the massive swaths of valuable land held by the federal government, it becomes clear that the total federally-owned real estate, oil, minerals, etc. within the borders of the USA could be valued in the quadrillions of dollars.
One thing has become increasingly clear to me: the United States HAS debt, but it is really not IN debt.
The purpose of the Federal Reserve is to govern the people through the money supply. The threat of hyperinflation or deflationary depression is exaggerated. The resource wealth of the United States - as well as the large, rich, taxable population - provides a backstop that keeps our currency strong, even in expansionary environments.
I believe this backstop is far more valuable than prior generations' use of precious metal reserves. I concede gold and silver are more tangible, but defining the national wealth by reserves of scarce metals is nothing more than a form of social brainwashing intended to keep resource-rich Americans feeling poor.
Conspiracy theorists and John Birchers who measure the national debt against gold reserves are engaging in monetary child's play. However, the Federal Reserve's ability to spend the past decade in crisis while hiding the money supply (M3) from the American public is brilliant. A brilliant scam that must come to an end in the United States, as it has in central banks throughout Europe and across the globe.
The strength of the dollar in FOREX markets in the wake of QE3 invalidates many conspiracy theories. As a market student and participant, I believe the dollar is legitimately strong and would remain strong through QE4, QE5, and QE6.
Is it time to end the myth of false scarcity? Is the easy answer - a dramatic increase in the debt ceiling to fund the Small Business Administration, Farm Service Agency, and regional banks - the best path for the US economy?
Recently an interesting statistic was released. The USA has fewer corporations today than 40 years ago, despite having three times as many citizens. If "corporations are people," do we just need more "people?"
Or is a multi-decade Japanese-style depression a better way to break the will of American men, break the daughters of the revolution into prostitution, seize American's weapons, and ultimately rejoin the British Crown and join the New/Old World Order?
I ask that question only half-sarcastically, because that appears to be the the intent of the current world order, and the path the Untied States is headed. Especially if either Hillary "Forester de Rothschild-RHODam" Clinton, or Jeb "Lehman is now Barclays" Bush are elected president. This is serious business.
Sure, a new monetary system would be nice. But is a total revolution possible? Perhaps it is time to submit to reality, and finally admit that Reagan was right.
Mine eyes have seen the glory of the coming of a new hashtag.
submitted by Matthew_Libman to EVEX [link] [comments]

Is the US national "debt" an illusion?

I tend to agree with many of the forward-thinking viewpoints that are shared on Reddit. However, I feel there is misinformation being circulated regarding the US national debt. The core question that must be answered: What is the national wealth?
Private wealth in the US is almost $70 trillion. But dig deeper: What is the mineral wealth in our national parkland? What are the Rocky Mountains, Mendocino County, and ANWR worth? What is the aggregate oil wealth in public lands? What is the value of the US military in the jungle of international relations?
I argue that the $18 Trillion national debt pales in comparison to the national wealth of the United States. There is no better example of this than the revenue generated from Obama's successful energy exploration campaign.
When you take a look at the massive swaths of valuable land held by the federal government, it becomes clear that the total federally-owned real estate, oil, minerals, etc. within the borders of the USA could be valued in the quadrillions of dollars.
One thing has become increasingly clear to me: the United States HAS debt, but it is really not IN debt.
The purpose of the Federal Reserve is to govern the people through the money supply. The threat of hyperinflation or deflationary depression is exaggerated. The resource wealth of the United States - as well as the large, rich, taxable population - provides a backstop that keeps our currency strong, even in expansionary environments.
I believe this backstop is far more valuable than prior generations' use of precious metal reserves. I concede gold and silver are more tangible, but defining the national wealth by reserves of scarce metals is nothing more than a form of social brainwashing intended to keep resource-rich Americans feeling poor.
Conspiracy theorists and John Birchers who measure the national debt against gold reserves are engaging in monetary child's play. However, the Federal Reserve's ability to spend the past decade in crisis while hiding the money supply (M3) from the American public is brilliant. A brilliant scam that must come to an end in the United States, as it has in central banks throughout Europe and across the globe.
The strength of the dollar in FOREX markets in the wake of QE3 invalidates many conspiracy theories. As a market student and participant, I believe the dollar is legitimately strong and would remain strong through QE4, QE5, and QE6.
Is it time to end the myth of false scarcity? Is the easy answer - a dramatic increase in the debt ceiling to fund the Small Business Administration, Farm Service Agency, and regional banks - the best path for the US economy?
Recently an interesting statistic was released. The USA has fewer corporations today than 40 years ago, despite having three times as many citizens. If "corporations are people," do we just need more "people?"
Or is a multi-decade Japanese-style depression a better way to break the will of American men, break the daughters of the revolution into prostitution, seize American's weapons, and ultimately rejoin the British Crown and join the New/Old World Order?
I ask that question only half-sarcastically, because that appears to be the the intent of the current world order, and the path the Untied States is headed. Especially if either Hillary "Forester de Rothschild-RHODam" Clinton, or Jeb "Lehman is now Barclays" Bush are elected president. This is serious business.
Sure, a new monetary system would be nice. But is a total revolution possible? Perhaps it is time to submit to reality, and finally admit that Reagan was right.
Mine eyes have seen the glory of the coming of a new hashtag.
submitted by Matthew_Libman to Bitcoin [link] [comments]

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Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. FX Glory Trader 20 September, 2019. They ask for ID but they reject all your ID. And deny your withdrawal. This post is a lie. Jonny 22 November, 2019. Could this have been a more fake review. Sounds like a commercial. If you are going to be a shill for FXGlory at least make it believable. Dave Wayne 12 May, 2020. All Reviews & Comments. FxGlory Rating. 58 % 42 %. FxGlory Reviews Rating ... glory forexはjfsa(日本金融庁)の監視下にないため、金融商品提供や金融サービスへの勧誘と考えられる業務には携わっておらず、本ウェブサイトは日本居住者を対象としたものではありません。 glory forexは、米国の居住者にはサービス提供をしていません。 Actually,my forex trading career began around 2006 on the platform of marketiva. I was frustrated by their platform and other factors and then decided to stop trading for some years.Friends encouraged me around 2013 to start trading again and I consented. It however became necessary for me to use an MT4 broker that also accepts paypal.That was when my friends introduced me to FxGlory in 2014 ... Fx Glory offers the MT4 and WebTrader forex trading top platform. FxGlory.com offers over 35 forex currency pairs, gold, silver, other metals and oil for your personal investment and trading options. Forex Brokers MetaTrader 4. November 2015-May 2016: Large numbers of fake and highly suspicious positive reviews submitted. The FPA considers this another reason to use a high level of caution ... GLORY FOREXでは、運営コストを低減させ、お客様より過剰なコストを徴収しないポリシーのもと、ECN成約手数料を片道<US$ 3.0/ロット>にすることを実現しました。 ・レバレッジ 最大500倍(預入証拠金上限額によって異なります) ・最低入金額 USD 200(JPY 20,000) ~ ・取引手数料 1注文 片道 US $3.0/1Lot ... In Forex trading, a small margin deposit can control a much larger total contract value. For example, a Forex broker may offer leverage of 1:100, which means that a $50 dollar margin deposit would enable a trader to buy or sell $5000 worth of currencies. Similarly, with $500 dollars, one could trade with $50000 dollars and so on. Remember this high degree of leverage can lead to large losses ... Fxglory gained a reputation as one of the most respected companies in the world of Forex market. It combines flexibility and ease-of-use with remarkable professionalism. What makes us outstanding among others is our cutting-edge trading tools, trustworthy trade execution, the highest leverage in the world, and high quality services. We provide our clients with an easy access to a safe and rich ... About FXGlory. FXGlory was established in 2011, and is principally based in Dubai and Saint Vincent and the Grenadines. They are an unregulated broker who offer trading in a range of forex currency markets, commodities, and oil. They provide these trading markets through a range of trading platforms, all powered by MT4. Glory Forex Bureau Address: Ground Floor, Norwich Union Building, P. O. Box 42909, Nairobi; City/Town: Nairobi; Telephone Number: 020 243115; Email Address: Website: Category: Foreign Exchange Bureau; About Glory Forex Bureau. We are a money transfer service located in Nairobi . More Businesses. Give and Take Forex Bureau Limited, Nairobi; Gigiri Forex Bureau, Nairobi; Forex Brokers Limited ...

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LE BIEN QUI FAIT MAL.. Prise par derrière elle a eu mal ...

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