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michaelpelly commented Sep 28, 2013Just to say - I like President Obama, I've lived much worse leaders in my country, so you should think about what you have, not what you don't have.
President Obama Delivers a Statement
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michaelpelly commented Sep 28, 2013PipAnon, the Americans just got too lousy to think for themselves due to many years of economical prosperity. They kinda catch the "socialism syndrome" where some high power have to take care of finding them jobs, provide pension, etc. This country ...
President Obama Delivers a Statement
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michaelpelly commented Sep 28, 2013Well that is his job after all, right? His job is to be the supreme commander in wartime and policy applier in peacetime. What do you expect from the man?
President Obama Delivers a Statement
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michaelpelly commented Sep 27, 2013Pullbacks shorts yes, can't say trend will reverse next 2 weeks.
EURUSD awaits confirmation before break higher
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michaelpelly commented Sep 27, 2013E/U could go up to 1.37 - 1.38 levels before Fomc meeting in October, so watch the price, save your capital from opinions.
EURUSD awaits confirmation before break higher
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michaelpelly commented Sep 27, 2013Trout, I'm regularly checking the open pos here in FF and Oanda. The short dominated in E/U and G/U since levels 1.28xx and 1.54xx respectively which only set to indicate how bad traders 90% of the retail market participants are.
Is the euro the next currency battleground?
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michaelpelly commented Sep 27, 2013In my opinion - given Mark's surprises - cable might get close to GS "predictions" to 1.68 before any serious sell-off.
Unwinding QE3 an impossible task for the Fed?
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michaelpelly commented Sep 27, 2013Guys you seems to rationalize a lot. Who cares what Carney said. Its what market is doing...
BOE’s Carney says he does not see a case for further QE
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michaelpelly commented Sep 27, 2013Mark Carney lives up with his reputation - "a man full of surprises...".
BOE’s Carney says he does not see a case for further QE
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michaelpelly commented Sep 27, 2013I really don't think Mr Draghi will get any nightmare or sleep disturbance on that topic. Some million poor lads in EU will suffer - who really cares. He might be much more upset if his grandchildren are having bad flux or something...
Mario Draghi's Nightmare Gets Worse: European Loans Decline At Record Rate
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michaelpelly commented Sep 27, 2013Well they never said "tapering" this year in the first place :-). And while all financial writers are scratching their tongues on that topic - I just think that FED is waiting for the right moment and opportunity according to their internal agenda ...
Unwinding QE3 an impossible task for the Fed?
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michaelpelly commented Sep 24, 2013Same articles as in the beginning of the year - back then the magic word was "Fiscal Cliff". Does anyone really believe the US is about to default next month and big money will sit tight and buy dollars this week?! :-)
Washington to Wall Street - Threat of default is real
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michaelpelly commented Sep 24, 2013I'm trading only on my Samsung Galaxy Note II - it is pretty enough.
21 Photos Of Home Trading Desks From All Around The World
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michaelpelly commented Sep 24, 2013In the morning Oanda were saying it is pushing from 1.6000 support based on technical analysis - a lot of colorful lines and abbreviations - I guess technicals are not holding either...
Cable taking a dip through 1.60
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michaelpelly commented Sep 24, 2013Useless, useless - when do you people will realize that technical indicators are useless thing :-).
GBP/USD – Moves up from Support at Key 1.60 Level
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michaelpelly commented Sep 23, 2013Great analysis :-). "The dollar will get more expensive at some point next year". I can tell you that too in not so many words.
USD Take-Off Postponed But Not Cancelled: New FX Forecasts - Danske
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michaelpelly commented Sep 23, 2013Actually at time this article is posted here it is still going down towards the 1.6000 level. Last three 4hrs candles are pretty red (unless I can't recognize colors).
GBP/USD – Moves up from Support at Key 1.60 Level
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michaelpelly commented Sep 23, 2013It's somehow absurd one to propose that a sustainable economic model can be based on endless money printing. Fed will stop the purchases eventually.
Fed in 'monetary roach motel,' won't taper: Schiff
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michaelpelly commented Sep 19, 2013I'm waiting for a swing in the cable like a hungry tiger! Grrrrr! :-).
UK Retail Sales, August 2013