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michaelpelly commented Dec 27, 2012Nice article indeed - I agree that technology revolutions will make more people jobless. The key to stability and growth might be in innovations than just money printing. Basically the whole concept of achieving growth by employing more people or ...
No More Industrial Revolutions, No More Growth?
- michaelpelly commented Dec 27, 2012
You are quite wrong - Swiss banking sector makes way less income than tourism and engineering/technology innovation sectors. I do not know the impact on the chf.
Swiss hint of U-turn reopens rift over bank secrecy
- michaelpelly commented Dec 27, 2012
Hope they not do their work with great prudence and transparency - otherwise we might be very well surprised of the results :-). Greek is such a charade - so far only get what they can with not a single intention to return more than 1/5 of the debt ...
Greek prosecutors comb through Swiss bank account list
- michaelpelly commented Dec 27, 2012
Deal or no deal - market will turn eventually - "profit-makers" will "kick-in" at some point ;-).
Washington stirs for "fiscal cliff" talks as Obama heads home
- michaelpelly commented Dec 27, 2012
Well I suppose you expect only nice sinusoidal movements for each currency pair with extreme points in same position every time with a fixed angle of accent/descent?! That is not going to happen my friend. If the markets worked like this - everyone ...
High-Frequency Trading Prospers at Expense of Everyone
- michaelpelly commented Dec 27, 2012
Well - seems that nobody expected such rapid climb. Analysis based on "Abe..." stuff seems a little like overreaction - the man is still not in real power, nor his future actions are a certain bet - so something else is going on probably - we will ...
Washington stirs for "fiscal cliff" talks as Obama heads home
- michaelpelly commented Dec 27, 2012
Well - it is obvious that Christmas miracles will probably end soon - the market rarely stays prolonged time in overbought or oversold state after a rapid climb or descent.
Betting on Yen to Fall Further in 2013? Think Again
- michaelpelly commented Dec 27, 2012
Here is the answer - consolidation and saturation to JPY. Only EUR and GBP are still not saturated - the other pairs almost reached resistances.
Washington stirs for "fiscal cliff" talks as Obama heads home
- michaelpelly commented Dec 27, 2012
Hah, I like the last 2 comments :-). I agree - wrong judgement of the trend and poor risk management is not due to HFT mechanisms.
High-Frequency Trading Prospers at Expense of Everyone
- michaelpelly commented Dec 27, 2012
They still try to push it lower.
Japan PM adviser urges unlimited BOJ easing, higher price goal
- michaelpelly commented Dec 27, 2012
It means "consumer mood clouds in November" - just irrelevant.
UBS consumption indicator: Consumer mood clouds slightly in November
- michaelpelly commented Dec 26, 2012
I'm shorting almost all CJ pairs with low-risk positions - I consider a good deal to "risk" 400 pips S/L (they almost never kick-in) to hunt for 2 month 1000+ pip deal - way more safer than day-to-day guessing in this violent market.
Every Major Yen-Moving Event In 2012
- michaelpelly commented Dec 26, 2012
Wow, conspiracy theories in action! ;-)
High-Frequency Trading Prospers at Expense of Everyone
- michaelpelly commented Dec 26, 2012
Well currently only the EUR/JPY and GBP/JPY are really roaming - other pairs seem to got "saturated" for the time being. It is currently quite risky to hop-on the bullish train - if someone got long position entered 1000 pips bellow - it is ...
Every Major Yen-Moving Event In 2012
- michaelpelly commented Dec 26, 2012
The new "magician" with his new magic called easing. Poor Japan people - magicians never end well nor those who follow them.
Japanese yen sinks after central bank minutes
- michaelpelly commented Dec 25, 2012
How many times this news?!
Japan's incoming PM keeps up pressure on BOJ to attack deflation
- michaelpelly commented Dec 25, 2012
Adorable! :-) They predict the JPY will fall in 2013 with unsaid hint it will be "right now" - policies take time to kick-in and from my humble observations - markets do not wait 6 months on certain levels in major currency pairs...but maybe MS ...
Every Major Yen-Moving Event In 2012
- michaelpelly commented Dec 25, 2012
That's odd! :-) Good observation from "zero"s ;-).
When Only The Machines Are Stirring - GBP Goes Bidless
- michaelpelly commented Dec 25, 2012
That's right - scare people to death from the 2% cut so they go and buy "safe heaven" stocks where they will probably "burn" with 20-30% next 6 months...
Here's How 'Cliff' Fall Will Affect Your Taxes
- michaelpelly commented Dec 25, 2012
Reuters joined the "common noise" - pretty non-professional.
Japan new PM Abe wants to correct strong yen trend