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michaelpelly commented Jun 12, 2014Do not be so trigger happy for shorting. It could really go over 1.71 this or next week - what the daily frame to show a bit of movement slowdown.
Carney Says BOE Could Raise Rates Sooner Than Markets Expect
- michaelpelly commented Jun 12, 2014
Smells like bull's trap on cable - pumped up whole day - and suddenly a decision like that is announced - can't say that someone did not knew about it :-).
Bank of England to get new powers to cap mortgages
- michaelpelly commented Jun 6, 2014
The ugly truth is - the banks actually are not lending - neither in investment projects, nor to small or medium businesses. They just use those funds to buy bonds. I was rounding banks these days to see what financing those could offer for my ...
ECB ready to cut rates and push banks into lending
- michaelpelly commented Jun 6, 2014
Well, galexandr - I agree it kind a sucks when anyone loose a job or opportunities. But it happened to a lot of people - traders included, what the heck it happened to me as well back in end of 2008 - the US company I've worked for closed its local ...
Wall Street Is About To Start Bleeding Traders
- michaelpelly commented Jun 5, 2014
Why the sad tone?! I think this is a great opportunity for those traders to show their talents on the free capital market. Raise some private funds - turn them into millions, have a great life. So this would be wonderful opportunity for a ...
Wall Street Is About To Start Bleeding Traders
- michaelpelly commented Jun 1, 2014
Some people love to buy last at top and sell last at bottom :-). It is called "the crowd syndrome"
.All Technical Pieces Coming Together For A Lower EUR/USD - Citi
- michaelpelly commented Jun 1, 2014
Maybe my eyes are blurry - I can't see those technical indications myself :-).
All Technical Pieces Coming Together For A Lower EUR/USD - Citi
- michaelpelly commented Jun 1, 2014
In my opinion - short move has expelled it's strength last 3-4 weeks. To base trades on a central bank hypothetical actions is not very prudent :-).
ECB's Tools Won't Reshape The EUR: How To Play It? - JP Morgan
- michaelpelly commented Jun 1, 2014
All those premature speculations remind me of the "tapering" noises last year - and how the tapering would strengthen the dollar. So FED tapered - so euro and pound went on multimonth highs :-).
ECB's Tools Won't Reshape The EUR: How To Play It? - JP Morgan
- michaelpelly commented May 30, 2014
Why do all big banks talk about some dollar uptrend since beginning of 2014? I had seen with my living eyes how E/U went almost to 1.4, G/U went almost to 1.7 and U/J went almost to 100.00 couple weeks back. What is an uptrend for the dollar?! Where ...
US Dollar Uptrend Intact After Pullback
- michaelpelly commented May 30, 2014
Here is a worthy comment for this article: "...m-m-m...Jenny Lopez...m-m-m..." :-)))
The Case for Ignoring Jennifer Lopez When Making Trades
- michaelpelly commented May 29, 2014
Hm, just a little observation. Euro is reluctantly staying around 1.36 whole week, cable seem to found support after falling 300 pips from psychological tops. Dollar continues to break down against yen, aussie thrives - and yet - bearish on cable?! ...
EUR/USD: Down-Rotation Intact; Cable: Bears In Control - JP Morgan
- michaelpelly commented May 28, 2014
How many times I should repeat that I would never trust my company's money to hedge funds or similar robbers.
One Of The Smartest Men In The History Of Finance Invented A Fund That Cannot Make Money In...
- michaelpelly commented May 25, 2014
We're listening about that "trend reversal - for sure" since January.
EURUSD Weekly Outlook: Edging Towards A Trend Reversal-Drivers, Ramifications, How To Profit
- michaelpelly commented May 20, 2014
Same stirring as the "tapering" last year. And when the tapering really occurred - the dollar remained flat and EUR and cable skyrocketed. I guess the sheer speculation would keep euro from raising at least until June.
ECB’s Mersch: The likelihood the ECB will act next month has grown substantially
- michaelpelly commented May 20, 2014
OK, someone to try leveraged approach on this "system" and get back with results next 3 months. I certainly wouldn't waste money on "rock solid, 100% proven...".
Here Is The Winning Formula For Day Trading EUR/USD - Citi
- michaelpelly commented May 20, 2014
I would say - avoid longs on EUR/USD. The 2 simple indicators I use for this opinion are - long/short ratios in FF in favor of longs and the furious self inducted reassurance in the opinions that euro is just about to punch 1.4. Over the years ...
Get Ready To Sell EUR/USD: A Macro-Technical Trade - Morgan Stanley
- michaelpelly commented May 18, 2014
Always use two 90% accurate indicators - the short/long ratio in FF and the "agitation" stance of the articles. If one do exactly the contrary - 90% winning rate... Example - all retailers were hard shorting the euro and cable since July 2013 - and ...
EURUSD Weekly Outlook: Is Recent Price Action Showing Weakness Or Resilience?
- michaelpelly commented May 16, 2014
Battle of Titans :-). Both have their points - Summers just avoid to admit that they gave money "hand over fist" to some "special" banks. Nobody would admit it ever. It is a simple fact. Taleb on the other side would soften the tone about this super ...
Too-big-to-fail battle between Larry Summers, Nassim Taleb