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michaelpelly commented Mar 24, 2014I still remember when all "masters" where advocating that "the Chinese are buying gold with cargo ships" back in January 2013 - when gold was almost 1750. And then it dropped to 1.1180. Good call :-).
Why this top technician recommends buying gold now
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michaelpelly commented Mar 24, 2014Another bucket shop where small wallets to get unloaded in Mt.Gox-y style?! :-)
Holding Bitcoins? You Can Now Hedge Against the Next Crash
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michaelpelly commented Mar 24, 2014What's wrong with that?! Better buy Golfs for 28 000 EUR?!
Flash France Composite Output Index rises to 31-month high
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michaelpelly commented Mar 24, 2014I can't understand how can one trade manually on retail platform on the 5 min charts?! The smallest range should be the daily candles...
EUR/USD: Key For A Game Change; Cable: Breakout Line Next - JP Morgan
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michaelpelly commented Mar 24, 2014Short-term short stop bust opportunities :-). Why all shmucks always buy when the upward move is exhausted and sell when the bottom has been reached? :-)
EUR/USD: Key For A Game Change; Cable: Breakout Line Next - JP Morgan
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michaelpelly commented Mar 24, 2014Ukraine's flame will extinct pretty quickly in the end. Within couple months everyone will accept the fact that Crimea is a part of the Russian federation and that is it. A lot of noise for nothing - what is done is done. And after all - there are a ...
Russia Accepts Ukraine Monitors as West Warns on Troops
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michaelpelly commented Mar 24, 2014I remember I've read that almost 85% of the volume is just hedge operations to secure the investment portfolios.
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014Seems plausible - but the big question is - whether we'll see 1.4xxx before that :-).
EUR/USD – Channel Broken, Time to Sell a Pullback?
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michaelpelly commented Mar 23, 2014Brussels's language - "There is still a possibility to find a way to consider voting for rule changing that will induce..." - blah-blah-blah - they either cut or not - talking heads are just for color.
Liikanen says ECB still has room to cut rates: TV
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michaelpelly commented Mar 23, 2014Thanks for the link - I will definitely take a look. I'm trading big swing ranges with hedges on E/U and G/U - basically a lot of small positions everywhere on both pairs in both directions - can't really say it matters to me where the EUR/USD will ...
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014This EUR/USD massive sell is chewed since Oct-2013 - a lot of accounts got hurt - the traders were vigorously on short stance...nothing to add :-).
EUR/USD – Channel Broken, Time to Sell a Pullback?
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michaelpelly commented Mar 23, 2014A spoon of internal guts, some pieces of trading experience hunch and a pinch of pure speculation - there you go :-). It is definitely not an exact science - and if someone try to convince you that it is - only because he plotted several nice lines ...
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014Right, there is a world conspiracy to get $200 dollars from 25 retail trading accounts :-).
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014I'm not criticizing the analytical skill. I'm just pointing out that too much of a text induce controversy and the reader can't utilize this analysis in straightforward manner. I would say - if no significant Crimea conflict escalation - 70% chance ...
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014Come on imperialists - cool down the tension, bring the risk appetite back "on"! :-)
Russia Accepts Ukraine Monitors as West Warns on Troops
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michaelpelly commented Mar 23, 2014I thought it were buyers and sellers - seems I got it confused...
Officials not Macro Economics Driving FX
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michaelpelly commented Mar 23, 2014We think it bullish, but might be bearish...:-). Wonderful analysis - too many words that can be replaced with the 2 desired parameters - the guessed speculative direction (up/down) and the percentage of chance (like 60%). Example of the analysis: ...
EURUSD Weekly Outlook March 24-8 2014: Calm Before The Storm?
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michaelpelly commented Mar 23, 2014Man, I'm not risking capital for 80 pips trade. An advertised "big sell" means 1000 or more pips in 3-4 weeks.
Selling EUR/USD Or Selling Cable? - SocGen