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- zaphy replied Oct 12, 2010
QE — One might argue that the previous QE didn't work: unemployment is high, and the money they 'printed' is being piled up at companies (see IBM's bond sale, Apple's, and Google's pile of cash) instead of being lent and spent, helping the ...
EURUSD
- zaphy replied Oct 12, 2010
USD tanking — More or less agree, but if the size of QE is much smaller than expected, or they decide not to buy bonds but do something else, that reasoning may backfire. I've been thinking about this for the last two hours, and unable to come ...
EURUSD
- zaphy replied Oct 7, 2010
exchange rate — Make (much) more money than what you lose on the exchange rate. That's another way to think about it
.EURUSD
- zaphy replied Oct 6, 2010
Sorry if I have just 'criticised' one of the authors
!? I think if you take the time series generated by two random processes, which are 'obviously' correlated by some economic principle, split a tenth out of it you'll get nicely correlating bits, ...EURUSD
- zaphy replied Oct 6, 2010
EU vs US — Thanks for the chart, though I think that chart is the shabbiest piece of Credit Suisse research I've seen. It shows only 10 months (out of say ten years, so one can conclude whatever one wants), and what are the numbers on the left ...
EURUSD
- zaphy replied Oct 5, 2010
gold — How many ounces do you sell at that rate
to me, right now? It just made 1335!EURUSD
- zaphy replied Oct 5, 2010
fair enough — I am not questioning it, just asked for supporting it in the context of some (not necessarily correct) economic reasoning. But in any case, that's also a fair enough answer. Thanks.
EURUSD
- zaphy replied Oct 5, 2010
USD/CHF at 9260??? — That is quite a statement! If you don't mind me asking, I would very much appreciate a more detailed description of your 'comprehensive view' ie reasoning. Here is why: (1) SNB said they won't intervene unless there is a ...
EURUSD
- zaphy replied Oct 5, 2010
retail sales — For me, the last bullet (or ball
) for the bulls is the retail sales in 15 mins. Should that turn out to be good, we are going to see some upside. And don't we just love upside volatility???EURUSD
- zaphy replied Oct 5, 2010
still long — I'm still holding the long from 1.3708, hoping for 1.39 (without any sound reason), but will be pretty happy at 1.384.
EURUSD
- zaphy replied Oct 5, 2010
??? — Brave or you have a sound reason? UK PMI is coming out in 8 minutes, if it is better than expected (as Germany and EU) bulls will be pretty safe. Hope you have a nice SL. Good luck.
EURUSD
- zaphy replied Oct 5, 2010
USD/JPY — And if we get real lucky, USD/JPY traders will push the BoJ to intervene, which will have a positive effect on EUR as well. I'm looking forward to your bull flag too
!EURUSD
- zaphy replied Oct 5, 2010
funnymental — Hey, I like that expression! We are pretty much in agreement, as I think that the expected kind of move down will not happen just because a poor economic indicator. The markets seem to have shaken off just about anything ...
EURUSD
- zaphy replied Oct 5, 2010
cftc — I presume all of you have seen the CFTC report for last week (yes, a bit always late), but intermediaries and dealers have increased they EUR/USD shorts by 50%, which I take as they are hedging their positions with customers, who by ...
EURUSD
- zaphy replied Oct 4, 2010
SL — If you have the means, meaning an API access to a live feed, you can keep track of annualised 5-30min volatility for the given pair, and set your SL accordingly. It isn't a magic wand but it is an improvement over guessing.
EURUSD
- zaphy replied Oct 1, 2010
curious timing — That's an interesting timing, five minutes after the Reuters/Michigan Sentiment, well inside the time when the price can go either way. Does somebody knows something???
EURUSD
- zaphy replied Oct 1, 2010
1.38 — Should the 'Prices Index' drop, say, to 1.3% or or even lower, you'll probably get it. I'll be with you
.EURUSD
- zaphy replied Oct 1, 2010
currency interventions — I am bored beyond belief with the PA, and did a search for currency interventions (I was actually looking for hard data, and if anyone knows a site providing that I would very much appreciate it). Anyway, this link ...
EURUSD