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michaelpelly replied Sep 2, 2018It’s insane. Best result I’ve achieved consistently (7+ years) is 60-70% net annual growth with no more than 15-16% drawdown at any moment. And even the mostly hated Spreadbetter said this is insanely lucky result. The leverage required to achieve ...
Successful traders are very, very rare to find
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michaelpelly replied Sep 1, 2018I think it is not a matter of intentional broker action. The noise data factors when you are chasing SL or TP in the range of few pips are very unpredictable. And probably the broker server software always settle some parameters to go in their ...
How do brokers get away with ripping off traders?
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michaelpelly commented Aug 31, 2018“...and I should remain on single malt only...” Juncker
Europe Should Be on Summertime Forever, EU's Juncker Says
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michaelpelly commented Aug 31, 2018These people...unwise and scared. Listen to Erdogan! He said their deity will save them from empty stomach and the money that will worth a lot less very soon :-).
The Turkish lira plunges after report says central bank deputy governor will resign
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michaelpelly commented Aug 31, 2018Wow, couple minutes before Nowotny said there is no risk in Italy :-))))). Can’t these people sit on a table to set this country right? :-)
EU Moscovici: Italy politicians may seek euro exit conditions: Sole
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michaelpelly commented Aug 31, 2018Just to mention that the speculations for “situation in Italy” where the drive for euro sell off from 1.24 to 1.15. Or Italy situation has dramatically improved for the last 8-10 weeks?! :-)
ECB's Nowotny: Central Bank Should Focus On Getting Deposit Rate Out Of Negative Territory -...
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michaelpelly commented Aug 31, 2018They focused couple times this year and uniformly decided “...until end of 2019...” - what is unclear ;-)?
ECB's Nowotny: Central Bank Should Focus On Getting Deposit Rate Out Of Negative Territory -...
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michaelpelly commented Aug 30, 2018Ready for what? 90% of the population to die almost instantaneously due to nuke exchanges, and the other 10% slowly in next months due to nuclear winter and fallout?! So where is in this picture Russia (in terms of people and country) - all that ...
Russia warns west 'not to play with fire' in Syria: Lavrov
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michaelpelly commented Aug 30, 2018The problem is just that if Russia and their major rivals decide to use their real weaponry - I guess only roaches will remain to assess who was better :-).
Russia warns west 'not to play with fire' in Syria: Lavrov
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michaelpelly commented Aug 30, 2018Well, this always works as a charm - especially if you happen to know were Earth and Sky are exactly:-))).
Euro zone economic sentiment dips for eighth straight month in August
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michaelpelly commented Aug 30, 2018It is not entirely impossible...;-)
Euro zone economic sentiment dips for eighth straight month in August
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michaelpelly commented Aug 30, 2018I just don't understand what was the upward EUR/USD optimism for the last two and half weeks?! :-)
Euro zone economic sentiment dips for eighth straight month in August
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michaelpelly commented Aug 23, 2018Technicals for euro to go down required some drama to be put to the financial media :-). Perfect timing :-).
Italy's Debt Drama Gets Worse, in Four Charts
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michaelpelly commented Aug 21, 2018I’m - just amused :-). I trade Aud/nzd and cad/chf these days.
The best days of the US dollar's rally are behind it, currency expert says
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michaelpelly commented Aug 21, 2018Just 10 days after euro has breached the 1.15 resistance with such force that it went to 1.1297? And now suddenly dollar became weak - in just 10 days?! :-). Come on guys - be serious, trends do not reverse in a week...
The best days of the US dollar's rally are behind it, currency expert says
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michaelpelly commented Aug 21, 2018What amuses me is the fact that EUR/USD just broke (10 days ago) major support (1.15), where it was ranging for 2.5 months. And now it just jumped from 1.1298 to 1.1540 and the media started to talk about dollar WEAKNESS?! :-). Guys - euro is still ...
Dethroning the King: Five ways Trump could weaken the dollar
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michaelpelly commented Aug 18, 2018Well, let’s not get carried ourselves - I did not believed the Euro would break the 1.15 support after 2 months of ranging - but it happened. And the monthly chart doesn’t look like euro is going to gain some upward trend anytime soon. I guess - ...
Is Euro Headed for 1.15?
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michaelpelly commented Aug 8, 2018Maaaan, I was thinking to open some on 1.0984 yesterday. What a waste...:-)
AUD/NZD May Rise More After Dovish RBNZ & Neutral RBA, Now Long
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michaelpelly commented Aug 6, 2018Well, as a business - the biggest losers would be the brokers and banks. And the funniest is that banks as Saxo that were whining for leverage are now suffering the most. What would happen with these new requirements: people will trade less ...
Leverage in retail FX: The banks pulled it down a year ago, so what’s new?