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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
- michaelpelly commented Jun 28, 2013
This 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
- michaelpelly commented Jun 28, 2013
My 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
- michaelpelly commented Jun 26, 2013
"Go dollar bulls, go..." - funny market ahead :-)
Gross Domestic Product, 1st quarter 2013 (third estimate)
- michaelpelly commented Jun 24, 2013
I 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
- michaelpelly commented Jun 24, 2013
A lot of money change pockets these days :-).
Asia Crumbling; China's Worst 2 Days In Almost 4 Years, Nikkei 450 Pts Off Session Highs
- michaelpelly commented Jun 24, 2013
Well, 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
- michaelpelly commented Jun 23, 2013
Pound 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
- michaelpelly commented Jun 21, 2013
These 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
- michaelpelly commented Jun 21, 2013
Well 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
- michaelpelly commented Jun 21, 2013
Jokers. 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
- michaelpelly commented Jun 21, 2013
Just 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
- michaelpelly commented Jun 17, 2013
Most likely GBP/USD and EUR/USD will pullback a little next 2 weeks.
4 reasons to buy back the dollar
- michaelpelly commented Jun 15, 2013
Well, there was analysis article before that economy can't be lifted by artificial bubbles and money printing - in long term they really need structural reforms and business adaptation to the new world trends. url Money management and cash flow ...
Grading Abenomics: After Stock Slide, Japan Economic Reforms Under Scrutiny
- michaelpelly commented Jun 7, 2013
Confirms what experienced trading coaches say - trading is 90% psychology. Technical analysis and money calculation can be done by 12 years old.
Are You Making Any of These 3 Trading Psychology Mistakes?
- michaelpelly commented May 19, 2013
Nope, they got it where they wanted serving their current needs and probably will tend to contain it between 100 and 110.
Yen Climbs as Japan Signals Negative Impact From Further Losses
- michaelpelly commented May 15, 2013
I'm not sure about the trade effects, but if a EU member leaves - the union will crack and eventually split into North and South.
UK exit from EU may really happen
- michaelpelly commented May 3, 2013
Gunny, check the charts several years back and you will see that EUR is in fact in the lower zone - it can barely touch 1.35xx. My opinion is that big money in Europe keep it that will for competing reasons.
EU economy – slowly recovering from protracted recession