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- gfs commented Feb 24, 2012
Exporters want weak yen = higher USD/JPY. It is Keynesian nonsense to debase your currency in order to boost exports. Doesnt work this way. Strong currency drive the cost of production down and increases purchasing power. Thanks to academic bullshit ...
Japanese Yen Tumbles as Importers sell JPY
- gfs replied Feb 24, 2012
24/02/2012 Daily Currency Futures and Open Interest Report — The report below shows levels of open interest in currency futures market. The data is based on Chicago Mercantile Exchange Daily Volume and Open Interest Report. Data provided by ...
GFS Futures Open Interest and Sentiment Strategy
- gfs commented Feb 24, 2012
What is the formula for these?
EUR/USD touch firmer as European trading gets going
- gfs commented Feb 24, 2012
This is very valuable piece of information that you have expressed here. Every forex forum is a perfect trading strategy. I still find it weird that people do not learn and remember what the dynamic is. After so many years, every forum is 70-90% ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
AMEN! This is exactly what an OPEN INTEREST in the currency futures market shows you. The amount of transactions and sentiment. Whole world has been selling euro, now nobody is left to sell - price must rise, stops are hit, profits are taken, losers ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
99% of twitter probably do not know what the risk appetitte is. Some use twitter as a contrary indicator. Be aware of public opinion. It is always wrong. Trust your own logic and analysis.
Euro Rises To New 10-Week High Above $1.3370
- gfs commented Feb 24, 2012
Treat CNBC and FED as a great contrary indicators. They are always wrong. This is their job to brainwash the public about the economy and finance. Again - they are not economists or buisness men, they are only PR, TV presenters, journalists. They ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
It is always amazing how media and journalism can always fit the happenings to justify the price action of the given security.
USD hits records lows as EUR gets Greek deal boost
- gfs commented Feb 24, 2012
The price moves up because there is many traders trying to get out of shorts. Open interest reached 300K last months. Whole world was selling euro. Now stops are hit and price must rise. Go to the link in the signature to find out more about futures ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
1.34 Told ya weeks ago that downtrend is finished. Euro goes much higher from now on. To check credibility go to the link in the signature. Regards
Euro Rises To New 10-Week High Above $1.3370
- gfs replied Feb 22, 2012
22/02/2012 Daily Currency Futures and Open Interest Report — The report below shows levels of open interest in currency futures market. The data is based on Chicago Mercantile Exchange Daily Volume and Open Interest Report. Data provided by ...
GFS Futures Open Interest and Sentiment Strategy
- gfs commented Feb 22, 2012
The very negative market that refuses to decline is very bullish!
Euro figures revive recession fears
- gfs commented Feb 22, 2012
Recession fears? Are we not in recession now? Look out the window!
Euro figures revive recession fears
- gfs replied Feb 21, 2012
21/02/2012 Daily Currency Futures and Open Interest Report — The report below shows levels of open interest in currency futures market. The data is based on Chicago Mercantile Exchange Daily Volume and Open Interest Report. Data provided by ...
GFS Futures Open Interest and Sentiment Strategy
- gfs commented Feb 20, 2012
Here we go again! I am sick of Greece!
Troika says Greek debt may reach 160 pct of GDP in 2020
- gfs commented Feb 20, 2012
The Greek debt is unpayable. Greece will default sooner or later in full. They already have. Half of debt has been written off.haircut is a fancy name for a default so it doesn't trigger Credit Default Swaps.
Baseline Troika scenario is 129% Greek debt-to-GDP
- gfs commented Feb 20, 2012
Yeah. Talking heads! Nobody can predict what will happen next year, nevermind 2020. Out of all those who dare to reach to such a foggy future, bankers and politicians have 0 hit rate. They are ALWAYS WRONG! Example= Look up you tube and trace what ...
Baseline Troika scenario is 129% Greek debt-to-GDP
- gfs commented Feb 20, 2012
I am guessing you are now stopped out of your short trade as high for the day (with the bank holiday in US) is 1.3278.
EUR/USD still rising, takes out minor hourly resistance