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michaelpelly commented Dec 21, 2013Wow I'll-b-back :-). You were short frenzy couple weeks ago when cable has been violently bought-back after each drop. Now suddenly when breaking higher can't sustain (only spikes) you suddenly go sure-long for cable?! :-). Confusing at least :-).
A Must-See Chart On Why Big USD Gains Are Still Ahead - Deutsche Bank
- michaelpelly commented Dec 19, 2013
Well - somehow can't imagine 20% weekly grow or loss (most published trades in FF are even way worse...) with $250 000+ capital. Yeah - if one plays pocket accounts up to $5000 - I guess +/- $200-300 are nothing, but same ammounts you can win/loose ...
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 19, 2013
The funky and funny thing with the people that are sure to "know what will happen next" is they always look where the chart was and give wise-sounding guidelines. And when I ask them - give me 51% chance that the price will be higher/lower after 2 ...
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 19, 2013
Right! :-) I got it - seems that I've missed a lot of his posts and did not got my "guess-quick" training to figure-them-out faster ;-)
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 19, 2013
Are you high?! :-))))
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 19, 2013
The problem, Spreadbetter - is that EU as a whole will not be healthier - just Germany and UK.
Euro area balance of payments in October 2013
- michaelpelly commented Dec 19, 2013
Yet the sense of desperation, crisis, lack of money in households is way more expressed in EZ economies than in US! What about that? ;-)
Euro area balance of payments in October 2013
- michaelpelly commented Dec 19, 2013
Well - that is why prediction is a useless tool. Price will either go or not (50/50%). I even not try to guess. Just placing a general short or long and hedge with other major pairs. Did not closed a single loss last 30 months on cable swing ...
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 19, 2013
Last October cable did exactly the same moves - was almost 1.63, then in mid-October slipped to 1.58 - everyone was waiting for more dropping, then it went back to 1.64 and right when everyone was dreaming for 1.8 - it felt from 3 January 2013 to ...
Fed Cuts QE Pace to $75 Billion on Improved Job Market Outlook
- michaelpelly commented Dec 18, 2013
Never seen it ranging last 3 yrs when Eur is heading south but...who knows...
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 18, 2013
Two days ago half of the traders opinions in Eur threads were "No obstacles towards 1.42". :-)
EUR: 'long, Slow Goodbye' - Credit Agricole
- michaelpelly commented Dec 16, 2013
Well - here are my 50 cents. Trend reversals is something I've never seen somebody to predict consistently. I remember when year ago EU got to 1.37 and then started to decline rapidly there were comments from forum members (known names) - "It can't ...
EUR/USD To Slide Back To 1.27 Once The Squeeze Completes - ANZ
- michaelpelly commented Dec 15, 2013
What about "stfu-taper". Really, really boring. ..
Dectaper Or Jantaper, Stay Short EUR/USD - Credit Agricole
- michaelpelly commented Dec 15, 2013
The so called economy science is just a bunch of rules based on humanpsychology and observations for the last 5000 years. There is nothing fundamentally sound in this "science" - just mathematical extrapolations on several really wild guess concepts.
Hey, Economists: People Are Complicated
- michaelpelly commented Dec 11, 2013
Because, if FED taper - it will be sold-out from 1.42 - 1.40. If FED doesn't tapper - it will be sold-out from 1.42 - 1.40.
The Ultimate Guide To December’s FOMC Meeting: Breaking Down The Participants
- michaelpelly commented Dec 9, 2013
Well - same case with "Abenomics" - how one with sane mind could believe the structural economical problems can be solved by debt-issuing and money printing?! It's all smoke and mirrors to save the ultra-rich-money.
Bullard: Some Issues in Current U.S. Monetary Policy
- michaelpelly commented Dec 9, 2013
Who cares - in the end - the melting-down "middle" class will take it in the ... and FED is the latest to worry about... :-)
Bullard: Some Issues in Current U.S. Monetary Policy
- michaelpelly commented Dec 9, 2013
This madness is what makes the profits, friend - nobody will gives the FX markets a clear nice "freight-train" trend with little-to-no surprises down the road. It's called trading ;-).
Bullard: Some Issues in Current U.S. Monetary Policy
- michaelpelly commented Dec 1, 2013
Gentlemen, the real question is - is this growth and good data will push the cable up to 1.68 - 1.70 zone next couple weeks...
Autumn Statement 2013: UK growth upgrade hits record
- michaelpelly commented Dec 1, 2013
A lot of male sausage sizing-up and demonstrations here :-). Well - keep it up, seems that passion for showing who is the alpha-male never seizes :-).
GBP/USD prints a session high at 1.6374 with market talk of stops seen above 1.6380 -...