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michaelpelly commented Jan 20, 2016No, no, no!!! :-) Not this word again! :-) Note: my note to Bloomberg authors - if something like data recording is not accelerating/decelerating with vector (expected move) - then it is data oscillation where a range is formed - which is again ...
Housing Starts in U.S. Unexpectedly Declined 2.5% in December
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michaelpelly commented Jan 20, 2016On that tone I still remember the astonished remark and genuine surprise from a forum participant here back in 2013 - "It can't reverse here - this doesn't make any sense!" it was about the EUR/USD trend that was going up. And 90% of the forum ...
The turn of the year - speech by Mark Carney
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michaelpelly commented Jan 20, 2016The setup back then was - EUR/USD and GBP/USD where falling against USD in conjunction. Basically the USD speculation of rate hike was driving the market - and GBP started descend from a record (for the last 5yrs) 1.71xx. Currently EUR is static ...
The turn of the year - speech by Mark Carney
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michaelpelly commented Jan 19, 2016Well. It was about time.
Expect Some Unicorns to Lose Their Horns, and It Won’t Be Pretty
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michaelpelly commented Jan 19, 2016I'm mentioning the model and behavior - not the importance of the levels. And I guess we have a light somewhere that shows when serious institutional MMs will start to buy?

The turn of the year - speech by Mark Carney
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michaelpelly commented Jan 19, 2016Same happened in the summer of 2013 - the double bottom to 1.48xx. After the second bottom had hit the 1.48xx it raised up to 1.71xx for 12 months with no deep corrections.
The turn of the year - speech by Mark Carney
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michaelpelly commented Jan 19, 2016Beware. I'm trading cabe from 4.5 yrs and such "silent" falls like the last 6 consecutive weeks when the euro is almost static against dollar are very unusual. Sharp upward movements could be expected. And such orchestrated appeals of Carney "out of ...
The turn of the year - speech by Mark Carney
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michaelpelly commented Jan 19, 2016No! Oil will get to 0! Actually companies will give you money to get oil from them
. Of course there will be bottom. And there will be a lot of bottom sellers when trend start upwards. And a lot of cries "price manipulation". This is how the game ...Does Buffett See A Bottom In Oil Prices
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michaelpelly commented Jan 19, 2016Most of the people here for sure are in the top 20% of the global population average wealth. And yet most of them still believe "it is unfair" that top 1% have much more than them
. Unbelievable
. Western world works for the steak and the cake ...Richest 1% Now Wealthier Than the Rest of the World, Oxfam Says
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michaelpelly commented Jan 18, 2016Well, well, well - someone actually have a brain here
.Richest 1% Now Wealthier Than the Rest of the World, Oxfam Says
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michaelpelly commented Jan 14, 2016If all trend reversals were indicated exactly by fib- levels - life would be much easier ;-).
BOE Monetary Policy Summary and minutes of the Monetary Policy Committee meeting: Jan 2016
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michaelpelly commented Jan 14, 2016My favorite word again :-). Again from Bloomberg.
Initial Jobless Claims in U.S. Unexpectedly Increased Last Week
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michaelpelly commented Jan 14, 2016How you came up with this number?! :-) 1.39xx Why not 1.40xx or 1.38xx :-)
BOE Monetary Policy Summary and minutes of the Monetary Policy Committee meeting: Jan 2016
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michaelpelly commented Jan 14, 2016I think the "dovish" tone for the BoE is a bit media induced. There was no actual statement that UK economy would need more QE or keep low rates for long time. Certainly I would not expect members to start turning hard-dovish at this time.
BOE Monetary Policy Summary and minutes of the Monetary Policy Committee meeting: Jan 2016
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michaelpelly commented Jan 14, 2016For long-term - it might keep the bearish note. But you remember after the long slip last summer it went to 1.4550 and then for couple weeks it went back to 1.5890. All I'm saying is - one should get a solid strategical direction and buy-on-dips or ...
'Party On To Parity': 6 Reasons To Sell EUR/USD - Deutsche Bank
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michaelpelly commented Jan 14, 2016Doesn't matter who's right/wrong. I'm saying that such predictions based on the latest trend developments are usually exaggerated extrapolations of the analyst's mood - but chance is always only 50%. I've seen most of the trend reversals for the ...
'Party On To Parity': 6 Reasons To Sell EUR/USD - Deutsche Bank
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michaelpelly commented Jan 13, 2016Aha, I remember those "Just wait for the US session"
.'Party On To Parity': 6 Reasons To Sell EUR/USD - Deutsche Bank
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michaelpelly commented Jan 13, 2016After it had hit 0.95 at December 2015 as predicted?
'Party On To Parity': 6 Reasons To Sell EUR/USD - Deutsche Bank