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michaelpelly commented Jul 3, 2013Ask Commerzbank - they advocated shorting :-)
Euro lurches higher again, breaks 1.30
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michaelpelly commented Jul 3, 2013Market play :-). I remember last October and November (2012) - there was series of bad data for UK and GBP/USD was punching up an up: 1.62 - 1.63 and refusing to go down - right until January. Big fishes might be hunting now - market will move were ...
ADP: US private sector employment increased by 188,000 jobs in June
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michaelpelly commented Jul 3, 2013Well, spread - favorite does not imply "The ONE!"

Why Human Nature Works Against You as a Trader
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michaelpelly commented Jul 3, 2013Well, the "Big German" seems to guess that NFP will not be as optimistic as FED's expectations :-).
USD/JPY seeing accelerated losses
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michaelpelly commented Jul 3, 2013Well, all I see is that the "sports" trade the cable not EUR. Cable is my favourite - less choppy and nice weekly movements.
Why Human Nature Works Against You as a Trader
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michaelpelly commented Jul 2, 2013Nice job - fix the present, screw the future - the favorite political song of all populists.
Abe reforms take aim at Japan's $1 trillion pension fund
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michaelpelly commented Jul 1, 2013I believe some trigger this week will bring the cable back in game - probably the NFP.
GBP/USD: Trading the UK Construction PMI
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michaelpelly commented Jul 1, 2013Basically this confirms my theory that 90% of the people on this planet are incredibly dumb and have to be ruled by the other 10%. The dumb ones are ready to believe everything some shiny guy/girl is selling to them that seems as the "easy" way. ...
France's triumphant 'Joan of Arc' vows to bring back franc and destroy euro
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michaelpelly commented Jun 28, 2013This is why I only watch the news for amusement and trade with the price - lesser the number of trades - bigger the chance.
2 New Reasons To Stay Short EUR/USD - Deutsche Bank
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michaelpelly commented Jun 28, 2013My opinion - I remember Goldman Sachs screaming week after week back in January - "Gold will go over 2000$ in 3 months!!!" - every damn week the same. Then they went silent on "gold" advices - my guess - GS was in deep shit XAU longs that needed to ...
2 New Reasons To Stay Short EUR/USD - Deutsche Bank
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michaelpelly commented Jun 26, 2013"Go dollar bulls, go..." - funny market ahead :-)
Gross Domestic Product, 1st quarter 2013 (third estimate)
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michaelpelly commented Jun 24, 2013I tracked back in FF the gold bull advocates. My winner is Goldman Sachs - they were hard insisting on 2000$ back in January when price was between 1600 and 1700. My guess is - GS silently took a good cock in the a..
The 8 Worst Gold Price Predictions We've Ever Heard
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michaelpelly commented Jun 24, 2013A lot of money change pockets these days :-).
Asia Crumbling; China's Worst 2 Days In Almost 4 Years, Nikkei 450 Pts Off Session Highs
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michaelpelly commented Jun 24, 2013Well, my "sentiment" tells me that the stopping of QE might be more problematic than introducing it. Very diverging and mixed signals from different FED members. Volatility is more to come - any long term sentiment should not be applied to short ...
The Bernanke Fed is playing with deflationary fire
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michaelpelly commented Jun 23, 2013Pound fall was no special event last week - all USD majors dropped like stone - so - do not try to find something under the dirt here. Depends on the retrace from this drop - if picks a speed it definitively could break 1.5820 in next 3 weeks. Seems ...
GBPUSD Technical Update – Week Of June 24th – Pound Dollar Analysis
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michaelpelly commented Jun 21, 2013These guys seems to sponsor the latest Bon Jovi tour in Europe :-). "...everybody keep the faith!..." m/_ :-)
Keep The Faith; Stay Core Short EUR/USD - Deutsche Bank
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michaelpelly commented Jun 21, 2013Well Sixfour, it is what I call simply "patience and prudence - the way to succeed in everything" ;-). LG prefers complicated pseudo-scientific explanations :-).
EUR’s 'Kiss Of Death' From Ben
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michaelpelly commented Jun 21, 2013Jokers. Economy was artificially lifted just a notch by yen depreciation - nothing more. No real reforms - no further development. Political noise and theater.
BOJ’s Kuroda: Japan’s economy has been picking up
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michaelpelly commented Jun 21, 2013Just very simple: quick gains defined by "Abenomics" can't be sustainable in long-term. There is these hated words like "structural reforms", "competitive labor market", "innovation", "creation of new entrepreneur stimulus", etc... This wild money ...
Abe’s Arrows of Growth Dulled by Japan’s Three Principles
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michaelpelly commented Jun 17, 2013Most likely GBP/USD and EUR/USD will pullback a little next 2 weeks.
4 reasons to buy back the dollar