Adsense

Thursday, January 12, 2017

Why Science Cannot Explain Reality

Reality and Science


Most people, of course, believe that there is a reality. Do you want to know what that reality is? Scientific evidence says what it is, but in my just finished chapter on the Scientific View of Reality, the bottom line is that Science doesn’t really know. To see how Science doesn’t know, let’s just look at one concept over the years — gravity.






Aristotle’s worldview was predominant for almost 2000 years — the earth was the center of the universe and things tended to fall toward the center of the universe. Copernicus, Galileo, and Kepler, however, showed that the earth wasn’t even the center of our solar system, much less the universe.

Next came Newton’s law of universal gravitation which stated matter attracts matter in the force proportional to the product of their masses and inversely proportional to the square of the distance between them. This is still what most of us believe about gravity today although that view has been obsolete since Einstein came up with General Relativity.

General Relativity says that gravity is essentially warped spacetime so any massive object generates a gravitational field by warping the geometry of the surrounding spacetime. Einstein generated his theory about 100 years ago but scientists are now changing their theories about things as fast as every 25 years.

Modern physicists are trying to generate a theory of everything by reconciling the four forces of nature. These theories are all over the place and are constantly changing but the latest idea about gravity is that it’s a particle called a graviton.

If you’d like to know more about how science cannot explain reality, then listen to The Great Courses course entitled “Science Wars: What Scientists Know and How They Know It” by Professor Steven L. Goldman. He has the same conclusion that science probably can never know reality but then of course, tries to justify what they do know.

The bottom line is that science progresses by first making some assumptions that seem logical and that seem to describe the real world. Then someone develops a theory that seems to explain and predict what is known and observed. Someone comes along later, however, and shows that the basic assumptions behind the current theory are no longer valid and they need to be replaced. Someone else then comes up with new assumptions and a new theory and if it predicts well, then the new assumptions/theory becomes the new standard for reality — until it too is replaced eventually.





Neteller here: www.ituglobalfx.com.ng




Super Trading Strategies:  Super Strategies 

Sunday, January 8, 2017

Daily analysis of major pairs for January 9, 2017

The GB/USD went downwards on Friday – something that could jeopardize the recent short-term bullish signal in the market. A breach of the accumulation territory at 1.2200 would result in a bearish signal, and a movement of about 200 pips to the upside would support the recent bullish signal.

EUR/USD:  The EUR/USD has generated a “buy” signal since the middle of last week. In spite of the bearish retracement that was seen on Friday, the bullish signal is still in place. This week, bulls would try to target the resistance lines at 1.0600, 1.0650 and 1.0700. Any bearish retracements seen here could turn out to be another “buy” signal.



USD/CHF:  The USD/CHF has generated a “sell” signal since the middle of last week. However, the sell signal is valid only in the short-term. There can be a long-term sell signal only when the psychological level at 1.0000 is breached to the downside. There can be bearish movements in the short-term and the current rally in the market is an indication of another short-term selling opportunity.

GBP/USD:  The GB/USD went downwards on Friday – something that could jeopardize the recent short-term bullish signal in the market. A breach of the accumulation territory at 1.2200 would result in a bearish signal, and a movement of about 200 pips to the upside would support the recent bullish signal.

USD/JPY: This pair came down significantly on Thursday, only to move upwards on Friday. The outlook remains bearish unless price goes upwards by another 150 pips (a situation that would lead to a bullish signal). There are demand levels at 116.00, 115.50 and 115.00, which could be reached this week.

EUR/JPY: This cross pair has been quite choppy and turbulent. Price has been going sideways for a long time, but lately, bulls are making effort to push price upwards. In the near-term, the outlook is bullish and price can move upwards by at least, 150 pips this week, reaching the supply zone at 123.50, 124.00 and 124.50. 

Performed by Azeez Mustapha,
Analytical expert
InstaForex Companies Group


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 



Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng  

Saturday, January 7, 2017

Weekly Trading Forecasts on Major Pairs (January 9 - 13, 2017)

Here’s the market outlook for the week:
                                          
EURUSD
Dominant bias: Neutral   
In the past few weeks, this pair has not trended significantly in one direction. The bias has turned neutral and price would need to go upwards by about 200 pips before there can be a bullish outlook on the market. On the other hand, a movement below the support line at 1.0300 would bring about a clean bearish outlook. As long as price oscillates between the resistance line at 0.0700 and the support line at 1.0300, the bias would remain neutral.    


USDCHF
Dominant bias: Bullish
USD/CHF trended downwards last week, especially starting from January 3. There has been an upwards bounce, following the downwards movement, and price closed below the resistance level at 1.0200. What happened last week has become a serious threat to the extant bullish bias, which cannot be completely overturned until the psychological level at 1.0000 is breached to the downside. That is the only condition that can bring about a Bearish Confirmation Pattern in the market.

GBPUSD
Dominant bias: Bearish   
The short-term bullish attempt that was made by this market was foiled by what happened on Friday – a bearish correction. The bias on this market is essentially bearish and rallies should be approached with caution, because they would tend to be transitory. Before there can be a valid bullish outlook on the market, the distribution territory at 1.3000 would have to be breached to the upside, and this is something that would require a massive/protracted rally.    

USDJPY
Dominant bias: Neutral
USD/JPY has become neutral in the short-term (though it remains bullish in the long term). There would soon be an end to the ongoing choppy movement, as price assumes a strong directional movement. There is a need for price to go above the supply level at 118.00, or below the demand level at 115.00, before a logical bias can be assumed in the short-term. The most probable direction for this week is northwards.  
                                                                                                                               
EURJPY
Dominant bias: Neutral   
This cross pair has been consolidating since early December 2016; for price has not gone upwards or downwards significantly since then. Price is currently making a weak effort to go upwards: something that could end up being a fakeout unless it is able to reach the supply zones at 124.00, 124.50 and 125.00. A movement below the demand zone at 120.00 could result in a bearish signal.

This forecast is concluded with the quote below:


“I believe the best trading opportunities in the foreseeable future are in Forex.” – Dr. Van Tharp 



  

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 



Friday, January 6, 2017

The Ten Most Important Aspects of Reinventing Your Life

I wanted to write the book that 20 years ago I wish I had read.
That ten years ago I wish I had read.
That five years ago I wish I had read.
That yesterday I wanted to read.




When I turned 40, a friend of mine threw a birthday dinner for me. He invited all his friends. I knew none of them.
So on my 40th birthday I was basically by myself, with people I didn’t know, doing nothing in my life that I had ever wanted to do for the prior 40 years. I hated my life.
And, as usual, I was going broke, getting divorced, and scared out of my mind.
Anti-depressants didn’t work for me so I gave up on them. Meditation didn’t work. I couldn’t keep my mind from racing all the time.
I had nobody to talk to. Nobody to turn to. I was lonely and scared and wish I had just one person I could love and say, “Help me.”
Why was this happening to me AGAIN? What didn’t I know about reinventing myself so I could finally get “started”?

I had so many passions as a kid. So many dreams of what I could mold my adult life into.
But first…always “but first…” and those firsts turned out to be distant seconds.
“But first I need to make money.” “But first I need a family.” “But first I need this certificate, or goal achieved, or person to like me and validate me.”
Or “But now I’m too old.” Or “Now I failed too much.” Or “Now the world is against me.” Or “I don’t have the right credentials.”
But first…

People ask me, “Do you ever get embarrassed revealing so much personal stuff?”
I would be embarrassed if I didn’t reveal personal things in each article.
When I talk to people, I want them to reveal to me also. So who am I to ask a hard question if I don’t come forward and answer them first.

I’ve spent the past six years asking a lot of hard questions. I ask them to the people I meet. To the books I read. To myself.
I’ve reinvented my career 14 times. I’ve gone from barely making ends meet doing things I hated, to loving the work I do now every single day.
After talking to hundreds of people and reading probably 2,000 books trying to figure out how people reinvent their lives to achieve their dreams, I wrote the book I wish I had read in the very beginning.
This is my biggest book. And you don’t have to read it. I’ll summarize right here the basics of what I’ve learned.

First, the world is changing. It’s not a good thing or a bad thing. But your life is going to change with it.
94% of the 15 million jobs created in the past eight years are either part-time or freelance.
The job landscape is changing. Corporatism, which ruled the world for 100 years, is ending.
Technology and necessity have taken each industry, destroyed it, and then created 1,000 new and different ways to succeed in it.
Understanding what is new in the world is the LAST step in reinvention though.

TEN key aspects of Reinvention:

A) Reinvention is a Habit.

Every day we are reinventing. A river doesn’t stay still. Every time you step into it, it’s a different river.
You and I are that river. We either move forward or we freeze like ice.

B) The One Takeaway.

From every one you meet, learn one thing. You don’t need to learn two. Learn one thing that fascinates you.
You’ll learn and make use of 1000s of things year. And your set of knowledge will be unique.
Everything I read or listened to or asked or learned, I said, “how does this bring me forward in my own reinvention”. I answered that question and put each item in my book.

C) Meaning.

Victor Frankl talks about it in his classic “Man’s Search for Meaning”. Dan Ariely talks about it in his recent book, “Payoff”.
Meaning is the building blocks for motivation.
Spend an hour, spend a day, spend a month – write down the things that give you meaning.
Are you an artist? Do you want to help people. Do you want to have as much freedom in your life as possible?
What is the “meaning” that can drive you forward today. That can help you survive the worst circumstances (as both Frankl and Ariely have).

D) Contagious.

Everything in life is contagious.
Who you are with, the words you hear and read, the things you see, the things you seek out to learn.
Make sure you are infected with the secret special super man virus that propels you each day to live a better life than the day before.
I was taking to Mike Massimino, who has been into outer space on two missions, including fixing the Hubble telescope.
He told me that among his ten classmates at MIT, four became astronauts. The odds of this are billions to one.
This is not luck. This is how you create luck.

D) Ideas are Currency.

Someone asked me earlier today: “How do I reinvent if I am starting with no money.”
Let me tell you something: Almost every time I have ever had to reinvent, I started with nothing.
I get out the waiter’s pad and I start writing ideas. I exercise the idea muscle every day. I become an idea machine. I use those ideas to help other people, to build my network, to write articles that further my sense of meaning.
The person with ideas will meet the person with money when the idea person is going up and the money person is going down.
Ideas have saved me from bankruptcy on five different occasions.

E) What are your five?

I write every day. I do something for my podcast every day. I think about investing every day. But there are other things I want to reinvent in.
I think to myself every day: I want to learn to be a better writer today than I was yesterday. I want to be a better podcaster than I was yesterday. And so on.
I used the techniques described here to try and get better at the above three things each day.
And then the next two, which are currently giving meaning to my life, and which drive me forward each day.
I don’t think about ANYTHING ELSE. Otherwise, it’s too scattered.
But, who knows, the sea of the world changes and next year will be a different five. That’s reinvention.
Ultimately, I want to be a better person than I was yesterday. Change doesn’t happen with a vote. Change happens only inside of you.

F) Perseverance.

Angela Duckworth, in her excellent book, “Grit” talks about the difference between the high IQ kids and the ones who eventually succeed. It’ not about intelligence. It;s about how they overcome a setback and keep going
Carol Dweck talks about this in her book, “Mindset”.
Ice Cube talks about this in the movie, “Straight outta Compton”.
Dan Harris talks about this in his book, “10% Happier” when he describes a drug-induced panic attack on live television and how he came back from it.
Tim Ferriss talks about it in “Tools of the Titans” when he describes his one-time feelings of suicide and how he continually bounced back.
Brian Koppelman talks about it when he described to me how he wanted to leave the music business but he had to figure out how to start from scratch in the movie business. “Write what fascinates you” he told me.
But it’s not about writing. Do what fascinates you and no matter how many times you are pushed back by the bullies of life, you will be able to pick up and work your way around them.
The bullies stay stuck and negative. You’ll forget about them and find the shiny objects in life that were so fascinating you couldn’t stop.

G) Do the Unexpected.

I watched Pamela Sisson create the cover for my book. She put about 100 books in front of her. I would say, “That looks good” and point at a book.
That would mean she was not going to do it. “It has to be new. It has to be unexpected.”
Magnus Carlsen won the recent World Championship Chess match only by making the moves nobody else would expect.
Pope Francis doesn’t live in the palace in Vatican City. He lives…in a studio apartment down the street. And makes phone calls to random letter writers.
Bob Dylan, Andy Warhol, Elon Musk, kept saying: what has nobody done that I can now do. Elon Musk, up against NASA and every world government, learned from books how to build a spaceship.
The Unexpected is the God of Reinvention. It’


Super Trading Strategies:  Super Strategies 
  

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng



Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 

Tuesday, January 3, 2017

Weekly Trading Forecasts on Major Pairs (January 3 - 6, 2017)

Here’s the market outlook for the week:
                                          
EURUSD
Dominant bias: Bearish   
EURUSD moved sideways from Monday to Wednesday, and then started shooting upwards on Wednesday. Price topped at 1.0653, and then retraced on Friday. The outlook on the market remains bearish in spite of that, and price has already started coming downwards, with the possibility of reaching the support lines at 1.0450, 1.0400 and 1.0350 this week. Price needs to go above the resistance line at 1.0600 and stay above it before there can be a dependable bullish signal.   
USDCHF
Dominant bias: Bullish
From December 26 to 28, this pair made some effort to go further upwards. However, the effort was rejected as price started to nosedive on December 28. There was a bearish movement of 250 pips from the high of December 28. Price bounced upwards after that, by140 pips after the low of December 30.  The upwards movement might continue this week as price targets the resistance levels at 1.0300, 1.0350 and 1.0400. There cannot be a valid bearish outlook on the market until price is able to stay below the psychological level at 1.0000, which would require a heavy selling pressure.




GBPUSD
Dominant bias: Bearish   
Cable moved south from Monday to Wednesday, and rallied by 170 pips from Wednesday to Friday. That was logically seen as a rally in the context of downtrend, as there is a possibility of a strong bearish movement this week. The accumulation territories at 1.2200 and 1.2100 and 1.2000 might be reached this week (these are the targets), owing to the Bearish Confirmation Pattern in the market.   

USDJPY
Dominant bias: Neutral
USDJPY has been consolidating in the last two weeks, oscillating between the supply level at 118.00 and the demand level at 116.00. As long as price oscillates between the aforementioned supply and demand levels, the consolidation phase would be in force. By the end of this week or early next week, price is expected to move out of this range, resulting in a strong directional movement that would most probably favor bears. 
                                                                                                                               
EURJPY
Dominant bias: Neutral   
Just like its USDJPY counterpart, EURJPY has also been consolidating for the past two weeks. The market is quite choppy, but a strong directional movement is expected soon. A closer look at the market shows that, bulls are intent on pushing price northwards – a goal that would be achieved only when EUR gains enough stamina. Immediate supply zones are located at 123.50 and 124.00; and there are demand zones at 122.00 and 121.00.

This forecast is concluded with the quote below:

“2017 promises to be exciting and will offer many opportunities to trade yourself into wealth.” – Joe Ross



  
Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521