- Search Metals Mine
-
michaelpelly commented Aug 16, 2013Well, whatever fancy names they call these "programs" they are essentially money printing and thus reducing the western countries middle class standard and wealth almost exponentially. In 10-15 yrs the gasoline in USA will cost 8-10 dollars per ...
The Fed's "2016" Problem, Or Why The Taper (Non) Announcement May Just Be A Sideshow
-
michaelpelly commented Aug 16, 2013If H&S can't do it - we will try with Dove :-).
Head and Shoulders in S&P 500?
-
michaelpelly commented Aug 16, 2013No worries, when the experts screw up, the deposits will get .25% less annual gain and world will be perfect again. That is why I keep only the minimal cash I need in my personal and company accounts and use banks only for safekeeping and transfers.
EUR/USD: 'Bye Bye Decoupling, Bye Bye Forward Guidance' - Commerzbank
-
michaelpelly commented Aug 16, 2013Hehe, nice. Nothing wrong with fat-finger-trades as soon as they do not point that finger in my trading a...:-))))).
Fat-Finger Trade Behind Shanghai Surge?
-
michaelpelly commented Aug 16, 2013Well, I honestly can't understand why some think there is a connection between year to come of EZ recovery with the E/U price this or next week :-).
Europe’s False Recovery
-
michaelpelly commented Aug 16, 2013Maybe, spreadbetter, but I definitely agree with the viewpoint to avoid what crowds are up to - or if it not clear, to wait a bit.
USD tumbles although no fundamental news being attributed to the moves
-
michaelpelly commented Aug 16, 2013simongraytrader said it correct - wide S/L and small positions is the way to profit. I could add - avoid to buy high and sell low - but seems 90% of people do exactly that mistake. The reason to avoid is very simple - when you buy low - your profits ...
USD tumbles although no fundamental news being attributed to the moves
-
michaelpelly commented Aug 15, 2013Hah, my simple observations are that when traders followed the crowds and get burned the opinions like "hahahha, crazy market, it is all due to robots and hft, data is manipulated, no way things are better" start to pop-up.
USD tumbles although no fundamental news being attributed to the moves
-
michaelpelly commented Aug 15, 2013Simple reason enough is that all crowds - retailers, corporations, small financial institutions are loaded with long positions on USD - so it was time the big fishes to collect.
USD tumbles although no fundamental news being attributed to the moves
-
michaelpelly commented Aug 15, 2013Seems that sellers did not get tired to loose by hard shorting the cable last 3 weeks :-).
UK Retail Sales, July 2013
-
michaelpelly commented Aug 15, 2013Well - what to expect - half Europe was 45 yrs. under communist regime where "The Party" was taking care of people (all employed, but low standard of life), and the other half of Europe left socialist and populist politicians to rage-rule last 15 ...
European Recovery Means Little for Jobless Generation
-
michaelpelly commented Aug 15, 2013I'm watching...:-). Thanks for the advice! :-)
3 Numbers To Watch: UK retail, US NY Fed Index & ind. production
-
michaelpelly commented Aug 15, 2013Better use simple charts - candles and min/max.
Should You Be Using Lagging Or Leading Chart Indicators?
-
michaelpelly commented Aug 15, 2013With all due respect, but I know from experience that Japanese lie for everything when it comes to their own interest - from regular businessman to the PM. All "honor" crap they sell is only when it benefits them.
Japan government spokesman: No truth PM Abe instructed corporate tax cut
-
michaelpelly commented Aug 15, 2013If they shout it to deny it, if they are japanese - it is 100% truth.
Japan government spokesman: No truth PM Abe instructed corporate tax cut
-
michaelpelly commented Aug 15, 2013They released yesterday that will short the cable from 1.5530 to 1.48. SL at 1.5600. It smells like last week's burned short of BofA for cable to reach 1.475x something.
Morgan Stanley's Triple-Bet On The Yen
-
michaelpelly commented Aug 14, 2013We will hear the rhetoric again in mid-September.
Fed's Bullard: inflation has not materialized so far
-
michaelpelly commented Aug 14, 2013Well, one thing for sure - last 12 months the bad news in EU stopped to rain like storm (as last 3yrs.) so there is hope! :-)
Germany, France pull euro zone out of recession
-
michaelpelly commented Aug 14, 2013Not a chance, budd :-). I only trade this pair once a year when if it is bellow 1.26xx - long-horizon buy until it gets 1.34 - 1.37 :-).
US Producer Price Indexes - July 2013
-
michaelpelly commented Aug 14, 2013Seems that big guns have been pulled out and war of opinions and insults goes at full scale! :-) Exodus - I'm surprised to see you even fighting that keyboard skirmish. :-)
The 8 Worst Gold Price Predictions We've Ever Heard