- Search Metals Mine
- ekan commented Apr 2, 2019
Thinking a non-binding referendum forces Parliament to do anything - that's the fatal flaw in yours.
No majority found in Brexit vote count, (GBP lower)
- ekan commented Mar 28, 2019
As a follow up to yesterday, the current swap rates for my broker are: for USDTRY -8226.69/4502.68 (!!!!!!), for EURTRY: -2158.84/2075.95 (03:27 GMT). Damn I should have held onto that long EURTRY carry trade!
"I’ve Never Seen A Move Like This In The 21 Years I’ve Been Watching This Market"
- ekan commented Mar 28, 2019
This kind of deflates the whole "stop hunting" idea, no?
"I’ve Never Seen A Move Like This In The 21 Years I’ve Been Watching This Market"
- ekan commented Mar 28, 2019
No, I (I can only speak for myself) realized it just fine. I immediately clicked on specs to check the swaps. My broker swaps at the moment (05:23 GMT) are: for USDTRY -370.93/314.4, for EURTRY: -423.95/404.99 (account base currency = USD). These ...
"I’ve Never Seen A Move Like This In The 21 Years I’ve Been Watching This Market"
- ekan commented Mar 27, 2019
Indeed, but that was done on a macro level, retail forex brokers are down the chain. "Broker stop hunting" means deliberate malpractice of the broker instigating fake currency moves in its own data feed with the sole purpose of triggering stop loss ...
"I’ve Never Seen A Move Like This In The 21 Years I’ve Been Watching This Market"
- ekan commented Mar 27, 2019
Believing? I do not believe in the scientific method, I execute it. I wrote I am a scientist - it is not a joke nor a lie (I hold a Ph. D. in Organic Chemistry from Ohio State University). Scientific method is not some kind of Bible I need to ...
Climate Change and the Federal Reserve
- ekan commented Mar 27, 2019
Excuse me, I did read the article and I am not sure how it relates to "brokers hunting stops" (assuming we are talking about retail forex brokers hunting stops of small-time retail clients). I understood the event in this article to affect large ...
"I’ve Never Seen A Move Like This In The 21 Years I’ve Been Watching This Market"
- ekan commented Mar 27, 2019
"Funny thing about scientists is that scientific method means looking at real world events to see if predictions match what actually happens." Actually the scientific method means something SLIGHTY (I mean SIGNIFICANTLY) different. First comes ...
Climate Change and the Federal Reserve
- ekan commented Mar 26, 2019
"Until then, GBPNZD is susceptible to bounces from short-term support. Keep in mind too that we have an RBNZ rate decision and statement coming up in a few hours at 9 pm EST." And GBPNZD dutifully obliged by performing a beautiful 300-pip spike up ...
GBPNZD Terminal Pattern to Give Way to 600-Pip Target
- ekan commented Mar 26, 2019
The sun is not the only thing that controls the climate. That is the whole point of the greenhouse effect and why reducing fossil fuels' burning is proposed as a global warming mitigation effort in a first place. The CO2 and CH4 in the atmosphere ...
Climate Change and the Federal Reserve
- ekan commented Mar 26, 2019
The effect is easily explained by science. Of course that requires one to accept science in a first place, and the usage of the phrase warmist....ehm....mantra does not bode well for that. Still, here it is... The global warming is considered as ...
Climate Change and the Federal Reserve
- ekan commented Mar 26, 2019
The total global warming is cumulative (a sum) of human and non-human contributions. The portion of each may be subject to debate. Yet this is largely an academic exercise because stopping fossil fuels' use is desirable for reasons beyond global ...
Climate Change and the Federal Reserve
- ekan commented Mar 25, 2019
About the really nice picture above: there is an article on Yahoo finance url This is the interesting bit: "The whole Mueller probe could end up costing around $35 million, at most. ...the Manafort conviction forced the forfeiture of $42 million ...
Russiagate Ends: Mueller Finds No Russia Collusion, Leaves Door Open On "Obstruction"
- ekan commented Mar 22, 2019
Seems like GBP suffers Brexit fatigue as well, just moving in orderly chart patterns without any hint of mad swings (yet).
Brexit: EU leaders agree Brexit delay plan
- ekan commented Mar 21, 2019
The biggest obstacle for option 3 is whether UK will participate in EU elections. With Article 50 in force, there is a clear conflict of interest in allowing UK MEPs (Brexiteer or not) within the EU institutions that have to then negotiate a future ...
European Council (Art. 50) conclusions, 21 March 2019
- ekan commented Mar 21, 2019
The "no deal Brexit" is not being imposed. It is the default "do nothing" outcome from triggering Article 50. Any other outcome requires active work. If this work is not carried out at all (for whatever reason), does not get carried out on time (for ...
Brexit: EU rejects May's request for three-month delay
- ekan commented Mar 21, 2019
The problem is not the UK wants to leave. Actually, it has always been with one foot out. "Leave" has been on the platforms of both Labor and Tory party programmes at one time or another. Moreover, Britain has been an impediment to further EU ...
Brexit: EU Commission document says extension to June 30 would be legally and politically...
- ekan commented Mar 14, 2019
Oh, that is probably a very important part of the little cunning plan they are hatching, their eurosceptic pals gaining control to give them generous concessions they could not get from Juncker, Tusk and Barnier. However, granting of the extension ...
UK Lawmakers Reject ‘Brexit Amendment H’ In 334-85 Vote
- ekan commented Mar 14, 2019
Apparently that wasn't much of a news, the pound just yawned.
UK Lawmakers reject Amendment I, 314 vs 312