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michaelpelly commented Oct 20, 2013Since when 200.pips for a pair like E/U is a "narrow range"?! :-)
EUR/USD – Eases away from Resistance Level at 1.37
- michaelpelly commented Oct 19, 2013
Same with the Finnish people - history knows that they shouldn't be attacked by ground...
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- michaelpelly commented Oct 19, 2013
You still haven't given up I see...:-)
USD Sell-Off Doesn't Convince; EUR & GBP Rallies To Fade - BNP Paribas
- michaelpelly commented Oct 17, 2013
You know my opinion - focusing on technicals shifts the goal from making money to "do what the professionals do!" :-).
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
Some day - it certainly will - no argue!
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
Uh, Ill-b-back - you give me headache with these technicals :-). Yeah - it most certainly will pullback today a little - maybe up to 1.6100 or a little bellow.
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
In the matter of honesty - most absurd announcements are made from Goldman Sucks (ups, Sachs or whatever). The Germans are a little bit more passive and conservative :-).
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
He is still insisting on the "massive shorts" sentiment from the beginning of this week :-). I remember I had some arguing with several forum members about the cable :-).
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
I just love these random numbers - like it matters it was 1.5886 or 1.5883. It was waving up and down whole week due to US debt ceiling uncertainty and when this was resolved - big buying. How can one put charts as proof when all the sentiment was ...
GBP/USD - Successful test thus far of the key support at 1.5886
- michaelpelly commented Oct 17, 2013
GU must hit hard ceiling before going that deep. Did you see the daily candle yesterday?! I was curious and opened daily charts for last year - such extensive buying had seen only when FED did not announced tapering in the summer. In my opinion it ...
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
Well - I'm afraid that all these "stimuli" are just putting borrowed life from one basket to the other. To improve personal wealth one must seek for assets, not reduced liabilities.
Why A Swiss Proposal To Give Every Citizen $2,800 Each Month Is So Radical
- michaelpelly commented Oct 17, 2013
I doubt the dips today will be that deep to worth buying. I got some small short from 1.6165 targeting 1.6115 and then will wait for the next week - dips will be there.
GBP/USD Strategy for 10/18 - Buy on a Dip
- michaelpelly commented Oct 17, 2013
Some internal gut feeling tells me that not yet. Seen how many happy buyers of GBP and EUR yesterday - hard to believe reversal is that soon.
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
- michaelpelly commented Oct 17, 2013
Only one thing - share prices of the companies are not directly related to unemployment and manufacturing output...but everyone has an opinion.
What To Do With GBP Next Week?
- michaelpelly commented Oct 17, 2013
Agreed. I expect tomorrow cable to close above 1.61xx - maybe 1.6130 or something.
What To Do With GBP Next Week?
- michaelpelly commented Oct 17, 2013
Agree, just pointing-out. And besides - by statistics most successful trades against USD are done via cable - less choppy than EUR and much more violent moves when trend is strong... I was pointing-out only because fundamentals can be viewed from ...
What To Do With GBP Next Week?
- michaelpelly commented Oct 17, 2013
"I've been sayin' it! I've been sayin' it for 10 yrs...remember, Miguel - I've been sayin' it..." (quoting Russel from "Independence Day" movie, 1996) :-)
What To Do With GBP Next Week?
- michaelpelly commented Oct 17, 2013
Stay at good tone Loady - no need to get nasty. Keep the collaboration spirit intact! P.S. You are hardly alone that is raiding long the cable since yesterday - entry at 1.5916.
Obama Signs Legislation to End Shutdown, Lift U.S. Debt Cap
- michaelpelly commented Oct 17, 2013
Good, good! At end of his mandate he will be signing the 20 trillion debt ceiling :-). Nice, neat and round number. :-)
Obama Signs Legislation to End Shutdown, Lift U.S. Debt Cap
- michaelpelly commented Oct 17, 2013
Hooray! :-) More burden for the generation to come, hip hip hooray! :-)
World markets cheer debt ceiling deal