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michaelpelly commented Aug 6, 2018I also ditched them, not due to leverage but because their trading is expensive and trading platform is cumbersome at best...
Saxo Bank FX trading volumes hit lowest level of 2018 in July at $226 billion
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michaelpelly commented Jul 7, 2018That trade war is more fuzz than it looks. Things will settle - it might now escalate further.
WTO's Existence Is Under Threat, Says Commerce Minister Prabhu
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michaelpelly commented Jul 7, 2018For EUR - the dominant tone next 3-6 months would become the tapering and eventual rate rise from ECB. My guess is - the EUR/USD might range for a while but direction of EUR is up next 12 months.
Dollar's Downside Correction Set to Continue
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michaelpelly commented Jun 25, 2018I only remember when UBS admitted 50bn losses for 2012/2013 from high leverage risk trading.
Deutsche Bank lost 12 times more than it thought was possible in one day of trading
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michaelpelly commented Jun 21, 2018So - only retailers loose money? Anyone still believes that?

Deutsche Bank lost 12 times more than it thought was possible in one day of trading
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michaelpelly commented Jun 17, 2018That is my overview as well. Dollar hikes might be finishing up - while big announcements like QE end and possible hikes are still coming for ECB in next 6-12 months.
Euro makes its biggest weekly loss in 19 months after the ECB meeting
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michaelpelly replied May 22, 2018HODL! (Bitcoin...) — Just a poll here - did anyone realised bitcoin frenzy is a dead meat now? Does anyone figured out that this was the usual hype bloated by speculators to acquire some hard earned money of the people who “wanted their dream ...
Fundamental drivers of the cryptocurrency market
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michaelpelly commented May 17, 20181.30 is quite distant target...with unfavourable overnight swaps...
EUR/USD Reaches Bearish Wave 3 Target at 1.1750
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michaelpelly commented May 15, 2018They would never admit in public that Brexit was pure political-driven endeavor, and now the economic reality would soak in...
BoE’s Broadbent: Weak Economic Data Could Be Temporary, Influenced By The Weather
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michaelpelly commented May 11, 2018Heh, what about bird migration or magnetic storms - or any other factor

BoE’s Broadbent: Weak Economic Data Could Be Temporary, Influenced By The Weather
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michaelpelly commented May 3, 2018How many millions are enough - haven't you bought half of UK yet!?


Is the honeymoon between Donald Trump and the financial markets over?
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michaelpelly commented Apr 25, 2018Very cheap?! At 1.21xx?! It was 1.03 year ago...
Can the US Dollar Mount a Lasting Recovery without EUR/USD?
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michaelpelly commented Apr 20, 2018We are listening this since he took office and announced his “forward guidance” (that he abandoned shortly after).
BOE Governor Carney says prepare for a few interest rate rises over the next few years - BBC
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michaelpelly commented Apr 18, 2018For sure it is more productive. I just mentioned stuff I’ve read on the net. I just don’t understand why people always think that there is something so enormously hidden as advantage in the Russian military that will suddenly surprise anyone in a ...
Putin: Further attacks on Syria would lead to ‘chaos’
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michaelpelly commented Apr 18, 2018HODL! The key to financial success
. HODL until desperation and reality finally soak in. You know - people mind is funny. Let me give you example why buying bitcoin at prices above 50 cents is pointless. Let say you bought 2 Bitcoins at price ...Bitcoin Tumbles After Mystery "Whale" Dumps $50 Million In One Trade
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michaelpelly commented Apr 17, 2018The missile in question is under development. What is widely shown is just 3D animation. And we had seen in real combat situation - the anti missile Russian systems in Syria took down 10-15% percent of the incoming cruises. If 85% cruise missiles ...
Putin: Further attacks on Syria would lead to ‘chaos’
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michaelpelly commented Apr 16, 2018Well, back in 2013 when the Fed started tapering everyone believed dollar will go sky high. Instead Euro went to almost 1.4. If it was that simple - rates to means strong currency- everyone would be millionaires. What about Swiss Franc - if we use ...
Why is EUR/USD not trading lower?
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michaelpelly commented Apr 16, 2018Very simple answer. It is written in the charts for the last 20 years. This pair is highly political and there is not established cyclic behaviour - it could easily goes towards parity or it can march on multi month trends toward 1.5xxx. The pair ...
Why is EUR/USD not trading lower?
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michaelpelly commented Apr 15, 2018Dude, did you ever visited that country!?
Putin: Further attacks on Syria would lead to ‘chaos’
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michaelpelly commented Apr 11, 201830 pips SL during major news for this pair (shake head...)?
Omg - Spreadbetter might be right about this forum
.EUR/USD Technical Outlook: Pullbacks to Offer Opportunity