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michaelpelly commented Nov 14, 2013From my life experience with politicians and public figures - if they talk about something that is "not going to happen" - then the thing is a possible real deal - otherwise why bother discussing it :-).
BOE’s Fisher says UK is a long way away from conditions of explosive debt credit
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michaelpelly commented Nov 13, 2013Wow! What a dramatic title!!! :-)
Slow-Grind Trading Killing Weaker EUR Positions
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michaelpelly replied Nov 13, 2013That was good one, vox_dei! :-) Yeah, it is a little bit mocking to similar thread - but it is nothing personal, I just say what I think (can't play roles). I respect everyone trying new approaches to gain wealth. Just have my strong opinion against ...
Trading tips from inexperienced trader
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Trading tips from inexperienced trader
Started Nov 13, 2013|Trading Discussion|10 replies
Hi folks, and you are all welcome. Just 2 sentences I would like to share with you: "Do not ...
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michaelpelly commented Nov 13, 2013"This time will be different". "This is the new economy" :-) The magic "tapering" word seems to have started the market engine again. Dollar will push higher, cable and euro will push lower and when Dec-2013 the FOMC meeting comes-up empty - the old ...
Lockhart: a taper 'could very well take place' next month
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michaelpelly commented Nov 13, 2013Well if money printing could make a country economy better - I would be economic Nobel Prize laureate long time ago... All they do in Japan is kick the can down the road until the next government gets in...
Seismic cracks in Abenomics
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michaelpelly commented Nov 12, 2013If you talk about last 3 weeks - can't see dollar weakening on any charts. Or maybe we are looking different things...
GBP: Trading The BoE IR On Wed - Citi, Barclays, Commerz, Danske
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michaelpelly commented Nov 12, 2013Yeah, but from what I've seen so far - when the trend is formed - the good news are only retracements, the bad news are "excuse triggers" for rallies (buy or sell - depends on the trend direction). Only on very specific occasions, pretty rarely the ...
Will BoE inflation report signal early rate hike?
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michaelpelly commented Nov 12, 2013Funky :-). I notice more titles ending with question marks every-time the trend is shaping up...:-)
Will BoE inflation report signal early rate hike?
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michaelpelly commented Nov 12, 2013The big buying interest is a little bit suckered out of the fingers...
Cable dumped to test 1.5950 support
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michaelpelly commented Nov 11, 2013Just like the last 5-6 yrs :-). It will take longer for people to realize that making money with money (investing) is not for the masses - and when masses start to mass invest - bad things happen :-).
Looking for Stronger Economic Growth in 2014
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michaelpelly commented Nov 11, 2013Just a little observation - never seen last couple years the EUR/USD to continue bullish trends after 450+ pips sell-off, neither cable to range too much between 2 well defined support and resistance lines. Hard to believe another bullish EUR ...
EUR/USD Turns Trend; Stay Patient On USD/JPY - BofA Merrill
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michaelpelly commented Nov 11, 2013Hah, I see how the opinions "it will be long forever..." crawl to live a little by little. Seems that after furious couple months shorting for EUR and cable now when the pairs actually might reverse direction people will go long...unbelievable :-). ...
EUR/USD Turns Trend; Stay Patient On USD/JPY - BofA Merrill
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michaelpelly commented Nov 11, 2013"Taperers" heat-up again :-). Just like during the summer ;-), but who knows - "this time might be different" ;-).
‘Mighty’ Dollar – Data Defends A December Taper
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michaelpelly commented Nov 10, 2013You got it all wrong! If you really wanted to imitate Yankee's "...Old Mcdonald had a farm..." the title should be: "Here a jobs, there jobs, everywhere jobs, jobs..." :-) (The benefits of watching YouTube videos with my 4yrs daughter) :-)
Jobs Here, Jobs There, Jobs Everywhere
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michaelpelly commented Nov 10, 2013What is more interesting - should be some small gap down in EUR/USD when market opens.
ECB can cut rates further, offer liquidity: Coeure
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michaelpelly commented Nov 9, 2013That dollar strength has been convincingly discussed here since EUR/USD was 1.27xx and cable 1.4830. From that levels (summer, 2013) dollar was getting "stronger and stronger..." right until EUR/USD inflated to 1.38xx and cable to 1.625x. Yet most ...
Dectaper getting more real after the strong NFP
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michaelpelly commented Nov 9, 2013Agreed. The comment in question reminds me of "it's just a stop-loss hunting...it will come back" - typical comment for traders that leave deep "red" trades to go like 300-500 pips loss. Nothing personal - just observation. P.S. EUR/USD and cable ...
Citi Expects "A Significant Fall In EURUSD" As Currency Wars Escalate
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michaelpelly commented Nov 7, 2013He always looks this way. And he is 66 yrs old - not like shiny Carney :-).
ECB Cuts Key Rate to Record Low to Fight Deflation Threat