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michaelpelly commented Aug 28, 2013Seems that Bloomberg took a hit on that move and whine hard. Can't remember them to complain when price was going in their favor. Stop crying Bloomberg, act like a man! :-)
Currency spikes at 4 pm in London provide rigging clues
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michaelpelly commented Aug 27, 2013The point is that market will react strongly in Sep even on the possibility of tapering - and if Fed do it - it will be largely already priced in.
The case against Fed tapering this year
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michaelpelly commented Aug 27, 20131.5704 - skilled short, respect!
Ichimoku Points to a Strong GBPUSD Set-Up off Cloud Bounce
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michaelpelly commented Aug 27, 2013Nice positioning ;-). Good job!
Ichimoku Points to a Strong GBPUSD Set-Up off Cloud Bounce
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michaelpelly commented Aug 27, 2013A-ah you refer "their" stop :-), I'm shorting from above 1.5650.
Ichimoku Points to a Strong GBPUSD Set-Up off Cloud Bounce
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michaelpelly commented Aug 27, 2013Hm, interesting point - will save this article as many others and will send it to the authors in 3 weeks ;-). I have tons of archives - the statistics are correct - 95% of these "predictions" are false, misleading or just lamely wrong :-). I would ...
Ichimoku Points to a Strong GBPUSD Set-Up off Cloud Bounce
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michaelpelly commented Aug 27, 2013Well, I agree that there are big fishes that really move the price, but isn't it similar in every endeavor in life - for example if you want to create new automobile make, new software company, new hair color or new movie company - everywhere there ...
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
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michaelpelly commented Aug 27, 2013Indrek, this sounds like some of my friends when properties were jumping up here around 2007/2008 and they couldn't afford to buy nice luxury flats - "Prices are rigged!", "This is not the REAL price!". Now in 2013 prices are really down but these ...
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
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michaelpelly commented Aug 27, 2013Wow, conspiracy and manipulation theories are raging at full strength :-). E/U is very largely traded pair - it is normal to hold/stall and then move pretty fast in either direction. No "manipulation" or "conspiracy" :-).
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
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michaelpelly commented Aug 26, 2013Why retailers always think of "doom and gloom" for almost any currency in the world. Haven't you thought of it? I see comments everywhere how EUR is screwed, how USD will not survive, etc. Haven't all these people read some economic history that ...
Yen edges higher as Syria jitters hit risk sentiment
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michaelpelly commented Aug 26, 2013Still not so proficient in the financial markets. I have a lot to explore yet, but time is always short and I would like to get a good feeling of a financial instrument in order to use it.
Orders for U.S. Durable Goods Fell More Than Forecast in July
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michaelpelly commented Aug 26, 2013I'm not trading futures, Spreadbetter.
Orders for U.S. Durable Goods Fell More Than Forecast in July
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michaelpelly commented Aug 26, 2013I do not go day trading - these are 4-8 week horizon trades with S/L at 1.5750.
Orders for U.S. Durable Goods Fell More Than Forecast in July
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michaelpelly commented Aug 26, 2013I realize it very well my friend - I have two cable shorts respectively at 1.5680 and 1.5620 ;-). Will keep them at least until 1.5100 support is challenged.
Orders for U.S. Durable Goods Fell More Than Forecast in July
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michaelpelly commented Aug 26, 2013A good indication of market sentiment was last week's "bad" US data, and today's durables under performance - dollar selling spiked for 2-3 hrs, and then everything came back where it was in the Europe's morning session. Participants still weights ...
Orders for U.S. Durable Goods Fell More Than Forecast in July
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michaelpelly commented Aug 26, 2013"Derivatives are financial weapons of mass destruction." Warren Buffett
US economy glued to middle path of growth
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michaelpelly commented Aug 25, 2013Nice timing! :-) Every time E/U closes 1.35 - they bring the "temper" news - rate cuts, drama in Greece, PIIGS, Spain banks, etc. etc. Relatively right sign that E/U is topping these days.
Demetriades Says Cannot ‘Rule Out’ Another ECB Interest Rate Cut
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michaelpelly commented Aug 23, 2013Hah, new word emerges "SEPTAPERING" :-).
New U.S. home sales drop to 394,000 rate in July
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michaelpelly commented Aug 23, 2013Not my money for sure, guest :-).
ECB's Nowotny: Good economic news removes need for rate cut