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michaelpelly commented Jan 28, 2014For once (thumbs up)! :-) Can't really understand some of the traders that constantly think they are generally on the loosing side...
Traders Are Making A Big Mistake Right Now
- michaelpelly commented Jan 28, 2014
It is always funny to listen to this distinguishing explanation how "market movers know everything and they never loose" and "retail traders are the only ones who consistently loose and have no clue where the prices are going" :-)
UK Gross Domestic Product Preliminary Estimate, Q4 2013
- michaelpelly commented Jan 28, 2014
Here go the "market movers" song again...
UK Gross Domestic Product Preliminary Estimate, Q4 2013
- michaelpelly commented Jan 28, 2014
Nice! :-) How exactly EUR is "weak" at almost 1.37 when it was 1.27 8 months ago? :-) How exactly dollar is "weak" against JPY (over 100 consistently), against CAD?! and "weak" against AUD? :-)
UK Gross Domestic Product Preliminary Estimate, Q4 2013
- michaelpelly commented Jan 28, 2014
That would be one very nice scenario - hope you're right :-).
There goes cable …. up through 1.6600
- michaelpelly commented Jan 28, 2014
It definitely behave on its own - EUR is sitting like a whale, but cable is like rampant rabbit :-).
There goes cable …. up through 1.6600
- michaelpelly commented Jan 28, 2014
Basically yes - but seems still too many believers for 1.7 and won't go down easy :-).
UK Gross Domestic Product Preliminary Estimate, Q4 2013
- michaelpelly commented Jan 24, 2014
yeah! :-) (1.6659!" ;-))
Carney Flags BOE Guidance Review as He Commits to Loose Policy
- michaelpelly commented Jan 20, 2014
Gentlemen, how can you even compare laws of classical physics with the human crowd psychology and emotions.
The Science Behind The Signal: Markets & The 2nd Law Of Thermodynamics
- michaelpelly commented Jan 20, 2014
It's just human nature. And even in the Bible in one of the many stories there is a conclusion sentence "Take from those who not have not and give it to those who have..." There is deep meaning in that - only those who are smart, inventive, patient ...
World's richest have same wealth as 3.5 billion poorest
- michaelpelly commented Jan 20, 2014
You can look how they rank in UK's WarrantyDirect web site compared to other manufacturers...
Will British economy overtake Germany by 2030? Pigs might fly!
- michaelpelly commented Jan 20, 2014
What are you talking Alexeii! Range Rovers are wonderful cars - they cost only 80 000 pounds and can ride almost 1000km without any dashboard warning light to go on and need of expensive towing to the next Rover service shop!
Will British economy overtake Germany by 2030? Pigs might fly!
- michaelpelly commented Jan 19, 2014
Hahaha, that was good and right to the point :-). If I can do analogy with cars - UK is pretentious old blown-out Mercedes that can gain here and there on the straight-line always trying to catch-up with the new shiny well maintained VW that never ...
Will British economy overtake Germany by 2030? Pigs might fly!
- michaelpelly commented Jan 19, 2014
Aside from all polite comments above - I think that E/U actually topped-out for now and heading for 1.27 next 6 months.
EUR/USD Forecast January 20-24
- michaelpelly commented Jan 17, 2014
And it seems the move was algos and automatics - it died and did not lasted more than hour. But yeah "some institutional..." - I just love such comments - like the author is the hub of all FX trade orders around the globe. No comment...
UK Retail Sales, December 2013
- michaelpelly commented Jan 17, 2014
The selling got stalled yesterday and today - and with such positive data the jump is expected. Wether this is continuation of rising trend - you are right - 1.6602 must go first.
UK Retail Sales, December 2013
- michaelpelly commented Jan 17, 2014
Well - my life-time experience shows me that crappy, stupid and lazy people always want and dream of "equality and sharing for all". Once the same ones gets above average wealth their plead immediately changes to "Why should I feed the lazy and ...
Deep recessions 'not only possible but probable' -Fed's Williams
- michaelpelly commented Jan 16, 2014
The Germany "gloom, doom and whobbling" articles dominates last 3 yrs and still Deutchland is not less capable of producing and running its economy well :-).
German Economy Wobbles Between Shrinkage And Stagnation, Stocks Soar
- michaelpelly commented Jan 15, 2014
That reminds me about comments in 2012 when E/U went to 1.37 and then declined to 1.27 :-). When it was 1.34 and started to go down more, one trader commented passionately "This doesn't make any sense - can't drop right now - it have to go 1.40 ...
GBP/USD – Drops Below Key Level of 1.6450
- michaelpelly commented Jan 15, 2014
Seems that buy-back is not as aggressive as Nov and Dec. more vague moves and no sustainable breakouts higher. Risk of downside is still significant. The real question is - who is going to sing the Bear song first - the euro or the pound :-).
GBP/USD – Drops Below Key Level of 1.6450