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michaelpelly commented Oct 17, 2013Some day - it certainly will - no argue!
Can We Trust The Yield Curve? Is It Time To Long USD Again? - Deutsche Bank
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michaelpelly commented Oct 17, 2013Uh, 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
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michaelpelly commented Oct 17, 2013In 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
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michaelpelly commented Oct 17, 2013He 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
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michaelpelly commented Oct 17, 2013I 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
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michaelpelly commented Oct 17, 2013GU 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
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michaelpelly commented Oct 17, 2013Well - 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
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michaelpelly commented Oct 17, 2013I 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
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michaelpelly commented Oct 17, 2013Some 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
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michaelpelly commented Oct 17, 2013Only 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?
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michaelpelly commented Oct 17, 2013Agreed. I expect tomorrow cable to close above 1.61xx - maybe 1.6130 or something.
What To Do With GBP Next Week?
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michaelpelly commented Oct 17, 2013Agree, 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?
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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?
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michaelpelly commented Oct 17, 2013Stay 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
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michaelpelly commented Oct 17, 2013Good, 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
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michaelpelly commented Oct 17, 2013Hooray! :-) More burden for the generation to come, hip hip hooray! :-)
World markets cheer debt ceiling deal
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michaelpelly commented Oct 17, 2013Great! :-). All these nerve contractions for nothing :-).
US: White House Budget Office says US gov't to reopen tomorrow
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michaelpelly commented Oct 17, 2013Pip Anon, just wait for the chaos and fractals lectures to kick in.
JPMorgan Admits the Obvious: We Were Reckless
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michaelpelly replied Oct 16, 2013Since you are the same age as me - here is an idea - get a good payed job or start one or several small business ventures and use wisely FX as personal/company income profit amplifier. That will reduce the stress, and hey - everything as annual % ...
After years in trading, do you still believe in get-rich-fast BS?
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michaelpelly replied Oct 16, 2013Welcome to the club - they almost kicked me out of the that very thread because of my skepticism. I noticed everyone in that thread was using "high-sounded" advices and phrases acting like already-millionaires in FX, and yet some guys "were going to ...
After years in trading, do you still believe in get-rich-fast BS?