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michaelpelly commented Feb 4, 2015Well, s... happens - price movement can't be modeled exactly all the time. This is where the risk/money management comes in - to keep the slack.
Epic dollar squeeze erases AUD/USD losses
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michaelpelly commented Feb 4, 2015The first relatively intelligent signals from Greece that their approach towards the debt is becoming more or less realistic.
Greek debt swap plan gets cool euro zone reception
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michaelpelly commented Feb 4, 2015I was sarcastic, sir :-), just mocking one of the frequent posters here. I'm trading only GBP/USD with leverage. Under 1.58xx I only buy the dips - it has proven right strategy for the last 3 yrs. I leave the blind buying of US dollars to other ...
Epic dollar squeeze erases AUD/USD losses
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michaelpelly commented Feb 4, 2015Traderathome probably has the answer "Robber Bank MMs" :-).
Epic dollar squeeze erases AUD/USD losses
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michaelpelly commented Feb 3, 2015I'm only long on Euro, preferably with no leverage - sell dollars for euro and then swap in 12 months for cheaper dollars again. Would never short the euro bellow 1.24 for dollar. Trading retail EUR/USD with 30-50 pips stop loss is guaranteed fail.
Euro pops through 1.14 in a quick move
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michaelpelly commented Feb 3, 2015A-a-a-and let the "f...." comments begin now! :-) The symphony of all collective shorts :-).
Euro pops through 1.14 in a quick move
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michaelpelly commented Feb 2, 2015Albion forever! :-)
UK manufacturing PMI edges higher at start of 2015
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michaelpelly commented Feb 1, 2015The problem with weekly trends (swings) is that reversal is not put in the spotlight so every market participant will catch the train. It happens very quietly when financial media screams forecasts in both directions. Then suddenly the trend ...
Is the Dollar's Momentum Easing?
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michaelpelly commented Feb 1, 2015I don't believe in strong economy that keeps huge percentage of its middle class on food stamps.
Strong or weak economy? Markets and data disagree
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michaelpelly commented Feb 1, 2015If someone even tries to look at USD/JPY chart - definitely.
Is the Dollar's Momentum Easing?
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michaelpelly commented Jan 30, 2015So, regulations really don't help retail traders, but protect banks and brokers? :-) Finally honest and opened admission of this simple fact. :-)
KPMG confirms: Alpari UK’s clients have to repay negative balances
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michaelpelly commented Jan 30, 2015What a run! ;-) Especially in GDP! :-)
Dollar set to end January with record run, European shares pause
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michaelpelly commented Jan 30, 2015Last 4 news from this site were total misconception :-).
Euro consolidating but Cable looks ready for the next downside leg
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michaelpelly commented Jan 29, 2015The old struggle who to lead the EU - either Germany or UK has moved to the media. The German press would probably has something good like: "UK politicians feel that can't fulfill the dreams of their electorate" :-)
Germany's worst nightmare has come true
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michaelpelly commented Jan 29, 2015Well, I guess this is enough so now Europe have to pay their debt. Wonderful logic. I guess it is a matter of time then Italy to ask for the same "favor".
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Funny how your clown politicians always emphasize on the 20k bulgarian people working in UK and fail to emphasize on the millions of Indians and Muslims that will eventually be your demise. But being self ignorant is your problem.
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015If you try to read history you would probably know that our country was the only one that saved it's Jewish people from the Nazi holocaust. And there is speculation that our Tzar (King) back then was poisoned by the Nazi because he refused to take ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Well - you answered your question - doesn't Germany share the burden with all the motion behind rescue packages last 3+ yrs? The problem is that the illness is worsening and things might finally explode? EU is sharing the burden with new members - ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Dude - do you ever been to Greece back in 80s? To see how underdeveloped they where before European countries start to pour money there - only and exclusively due to their specific geopolitical position towards Turkey and towards USSR reigned ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?