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michaelpelly commented Oct 4, 2013Excuse me, SpreadBetter - but when I see such "quickly scratched" mumbo-jumbo article where the author suck its fingers to figure out a reason to look clever, it is just laughable. It is stating the obvious and the author just have to admit that ...
Pound Weakens as Bets on Higher Interest Rates Wane; Gilts Fall
- michaelpelly commented Oct 4, 2013
That was my opinion in the other cable "news" - these guys just stating the obvious (I wonder why they get paid - my kid can do the same "analysis"). Only yesterday all news agencies were selling their mothers cable will go to 1.68xx next couple ...
Pound Weakens as Bets on Higher Interest Rates Wane; Gilts Fall
- michaelpelly commented Oct 4, 2013
Wow, you guys are amazing - this analysis can be done by my 3yrs daughter. Yesterday all news agencies were swearing cable will hit 1.68xx next couple weeks. Today "it will fall hard!" :-). Amazing - you guys get salaries for so many words to tell ...
BoE rate guidance policy still in doubt; sterling to fall - poll
- michaelpelly commented Oct 4, 2013
Yeah, right :-) - it is 100% of the GDP anyway. In all bank and economy science this debt is never to be payed back. Only little payments in order to get more. With no fundamental change of public financing - the "debt" music will dominate next 20 ...
Typing error adds €10bn to Spain's public debt
- michaelpelly commented Oct 3, 2013
Well, usually I trade the cable only, but there was "monster short" setups since levels 1.52xx, and yet cable was ramming up and up. Most retailers were shorting it as hell - I suppose a lot of money changed pockets. There was some great sentiment ...
Buffett: Threat of Default Won’t Work Long Term
- michaelpelly commented Oct 3, 2013
Seems that stocks are cheerful for rallying (smile).
Get out the rally hats: Shutdowns are bullish!
- michaelpelly commented Oct 3, 2013
I completely disagree that only so called professional traders are successful in long term (I personally know 2) and that so called hobbyists traders stand no chance. That is yet another bullshit you hear from so called professionals - like there is ...
Why A Lot Of Traders Fail
- michaelpelly commented Oct 2, 2013
Cashed-in the trade. Long from 1.6165 with very tight SL.
Is Cable A Sell Now? - Credit Agricole, Deutsche Bank
- michaelpelly commented Oct 1, 2013
I personality sold some at 1.6250, but will keep quiet now :-).
Is Cable A Sell Now? - Credit Agricole, Deutsche Bank
- michaelpelly commented Sep 30, 2013
Guys - it is not going to happen! :-)
John Boehner's Secret Signal That a Shutdown Is Imminent
- michaelpelly commented Sep 30, 2013
Short on GBP is the mantra for most retailers since 1.52xx (short orders dominated the market) and yet here G/U is at 1.62xx. Do not over-thrust some "engulfing", "MAs", "RSIs", etc... Just stay sharp! I personally closed a long at 1.5980 today and ...
London fix pushing prices higher
- michaelpelly commented Sep 30, 2013
That is the usual swing top - between 1.62xx and 1.63xx but surprises are not excluded.
U.K. Pound strengthens to $1.62 for first time since Jan. 3
- michaelpelly commented Sep 30, 2013
Hm, fairytales coming in :-)
John Boehner's Secret Signal That a Shutdown Is Imminent
- michaelpelly commented Sep 29, 2013
Be careful thought - a lot of "engulfing" traders ate the stick last couple weeks by hard shorting E/U from 1.28xx levels - it was raising fast and still retail orders were dominant short.
EUR/USD Forecast Sep 30. – Oct 4.
- michaelpelly commented Sep 29, 2013
There is a wise saying in my homeland roughly translated "God is high, King is far". The meaning of the expression is that being a small piece of the society everyone have to take care of himself and his family. "The king" is not there to improve ...
President Obama Delivers a Statement
- michaelpelly commented Sep 29, 2013
Well, you guys confirm my position again - American people need fresh new view. They became so comfortable in waiting someone to look after their well being. And now all eyes are conveniently fixated at the President. This land was once conquered by ...
President Obama Delivers a Statement
- michaelpelly commented Sep 28, 2013
The majority of US citizens have a hard time to realize that their country is not run by the President - he is just a public smiling face. This country is run by a bunch of wealthy families. It is easier for the people to accept the thought that ...
President Obama Delivers a Statement
- michaelpelly commented Sep 28, 2013
Well, it is certainly not his fault that banks in US got insanely greedy and blown the whole system. The procees started well before his presidency.
President Obama Delivers a Statement
- michaelpelly commented Sep 28, 2013
C'mon fellow Americans - what do you do? You must consume more! :-)
U.S. consumer sentiment slips in September
- michaelpelly commented Sep 28, 2013
Aah, the NFP fever is coming - gut, gut - dat ist fantastich! :-)
US Week Ahead: Nonfarm Payrolls, ISM, Factory Orders, Vehicle Sales