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PipMaxzz commented Nov 6, 2011Why not Japan come to the rescue using thier strong Yen?
G-20 Demands German Gold To Keep Eurozone Intact; German Central Bank Tells G-20 Where To...
- PipMaxzz replied Nov 5, 2011
San Diego, a nice place. Drive down to Coranado for some good beer and then mexican food
EURUSD
- PipMaxzz replied Nov 4, 2011
Politicians do whatever they can to hold onto power. If he has survived the confidence motion, now he will be back into same old thing to align with on-the-street sentiment.
EurAnalysis
- PipMaxzz commented Nov 3, 2011
Politicians will never resign on thier own.
Greece Denies That PM Papandreou Has Resigned - Dow Jones Source
- PipMaxzz commented Nov 2, 2011
If not China, Japan will step in to support Euro. Poor Azumi trying to find ways to devalue Yen and he can do that by supporting Euro
EUR/USD spikes higher in rumour-driven market
- PipMaxzz commented Oct 31, 2011
My guess is Azumi doesnt want to accept the defeat...see the pull back from the highs, market is still long on Jap. Now it is good to put it this way "we did not intervene" and then keep talking and talking again...hoping one day UJ will move up. ...
Intervention not behind latest dollar rise vs yen
- PipMaxzz commented Oct 30, 2011
No ceiling...will drop back to the WW2 low and then to 75 :-)
USD/JPY intervention
- PipMaxzz commented Oct 26, 2011
BOJ need to follow what CHF did. Set the floor at 90.00 and threaten traders that they will defend this line with all the might. So simple solution, hard to implement?
USD/JPY prints a record low at 75.71
- PipMaxzz replied Oct 25, 2011
Haha...Azumi has gone home from work...wait for intervention tomorrow, day after and so on guys. It is better play with unlimited demo account...
USD/JPY Discussion
- PipMaxzz replied Oct 9, 2011
There is not much Euro unions can do to save Greece, still keeping them within the Euro. Unlike US or other countries who can devalue thier own currencies, Greek doesnt have the power to do it on thier currency. Joining Euro was a curse for Greece? ...
EurAnalysis
- PipMaxzz commented Oct 2, 2011
Currently it doesnt look bad even if Greek defaults. With US and China data coming in shows no deterioration in the recent days and with Greek landing is soft, we will see the market going up.
Eurozone teeters on the verge of a 'euroquake' if Greek default is bungled
- PipMaxzz commented Oct 1, 2011
I think market is bullish in short term. Reasons: China is stable as per latest PMI released over the weekend, Greek is in better shape than the week before. With external factors not getting worse, let's look at US. Monthly NFP will surely be up, ...
The Weekly Bottom Line
- PipMaxzz commented Oct 1, 2011
Let me see how this will move the market in next week. With US and Europe at the worst spending power, no wonder Chinese PMI is not good. A further drift in these spending power will only cause a little change for China as the domenstic market is ...
China’s Landing – Soft not Hard
- PipMaxzz commented Oct 1, 2011
That's as confused as Bullard's statement
Let me try my analysis: short term: Euro bearish/USD bullish --> Eur/USD bearish medium term: Euro bearish/USD bearish --> Eur/USD Sideways long term: Euro bullish/USD bullish --> Eur/USD SidewaysFed's Bullard says may be counter-productive to keep rates low until 2013
- PipMaxzz commented Sep 28, 2011
You cant buy those expensive hi-tech TVs if the funds are diverted for bailout. If not you can still own the latest 3D TVs. Thats what she meant?
Merkel suggests Greek bailout deal may change: Greek TV
- PipMaxzz replied Sep 1, 2011
Better Jobs and ISM data mean the economy is on track and less chances of next QE. Hence USD should go up. I think thats what is happenng. I am waiting for 1.4106
EURUSD
- PipMaxzz commented Aug 19, 2011
hmm...Cramer! You think anyone takes his advice?
Tensions Explode On CNBC, As Simon Hobbs Tells Cramer: "You Told People To Buy Bear...
- PipMaxzz replied Aug 17, 2011
I am down -600$ after day1 with the (10days+1month)/2 trend on my demo. The main reasons are the AUD and NZD strengthened instead of following the trend to weaken. Closing some trades might cause more harm than benefit at this stage, because the ...
Strength for one week, No Charts Attached ;)
- PipMaxzz replied Aug 17, 2011
I read this 'Amazing Strategy' by the magic man quite some time ago. Surprise to see this again on front page on FF, you guys still keeping it alive and kicking. FF community really having some good serious discussion and entertainment here....
AMAZING Strategy!!!
- PipMaxzz replied Aug 17, 2011
Some of the approaches I identified with this system that need to be reviewed are: 1) We have quite a high exposure to risk because we selected highly correlated pairs AUD and NZD. If one moves against the trend, the other follows and that is double ...
Strength for one week, No Charts Attached ;)