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iflyjetzzz replied Jun 29, 2010url TNX (10 year bond) went below 3% tonight and 30 year is below 4%. Not only does it scream flight to safety, it also screams deflation. It'll be interesting to watch commodities going forward, which, if they drop as I suspect, the AUD would ...
EURUSD
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iflyjetzzz replied Jun 29, 2010Thanks much, most appreciated. Off topic - your avatar reminds me of a poster from way back when I was a copilot in Strategic Air Command. url url
I see that Gator's already posted about the CHF hitting another record high against the EUR. It ...EURUSD
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iflyjetzzz replied Jun 28, 2010OK, back on topic. This article indicates that Spain's about to blow: url Spanish Banks In Panic Mode Over Maturity Of ECB's €442 Billion Long-Term Refinancing Operation image Submitted by Tyler Durden on 06/28/2010 16:24 -0500 As the reality of ...
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iflyjetzzz replied Jun 28, 2010I hope that I didn't offend you with my question about fundamentals; it wasn't my intent. I'm trying to learn more about technicals, not piss anyone off. We all have different trading styles and risk tolerance; the most important thing is finding a ...
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iflyjetzzz replied Jun 28, 2010You see 1.30 in spite of European sovereign CDS spreads blowing out?
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iflyjetzzz replied Jun 28, 2010Any news behind the EURCHF blowing up? Down below 1.34 currently; another lifetime low. url
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iflyjetzzz replied Jun 25, 2010That's an illustration of velocity of money. And it's the reason why Helo Ben can dump liquidity into the markets without getting runaway inflation. MV = PQ Here's an article on velocity; check out the graphs of velocity (the lowest number for ...
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iflyjetzzz replied Jun 25, 2010Sneaker, a better way to illustrate would be to discuss the fractional banking system rather than the fiat currency. For each dollar that a bank has as deposits, it's able to loan out $10. During times where a lot of loans are made, the money supply ...
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iflyjetzzz replied Jun 25, 2010House and Senate reached compromise on Finreg. Could move the US equity markets down quite a bit today. I'm looking for risk off today ... = flight to dollar.
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iflyjetzzz replied Jun 24, 2010Gator, from what I've seen (and read from others), central bank intervention tends to occur at logical TA points. This makes sense, because central banks are going to have traders that are familiar with technical analysis executing those trades. ...
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iflyjetzzz replied Jun 24, 2010I'll agree with ZeroHedge's analysis, intervention: url I disagree with it being the ECB; it's in the Eurozone's best interest to devalue their currency. My guess is that the Chinese Central Bank's selling USD and buying EUR. Probably not SNB ...
EURUSD
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iflyjetzzz replied Jun 24, 2010Max Keiser! Thanks, my Oldtimers kicks in a lot and I forget the proper person to attribute quotes to. ... not a very Schiffian comment; he's been a USD bear for a loooong time (since ~2006). One of these days, Schiff will be right, but in the near ...
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iflyjetzzz replied Jun 24, 2010The USD is the best looking horse in the glue factory. Or, as one fund manager stated on some European business channel, 'he USD is the leper with the most fingers.' Yes, the USD is dead. It's just that the EUR is dead first. The USD doesn't have to ...
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iflyjetzzz replied Jun 24, 2010They are blowing out. They WERE a record earlier today at 972; they're up to 1075 now.
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iflyjetzzz replied Jun 24, 2010No argument from me on the clueless part of your statement. But I don't trade in short timeframes; a week would be a short trade for me. EDIT: Sorry for jumping in; I've been in lurk mode trying to learn from all of you who are very good at TA. TA's ...
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iflyjetzzz replied Jun 24, 2010Yeah, I'm a novice FOREX trader. I shifted my strategy away from equity and commodity trading (2 decades' experience) into short EURUSD last December. It's been very profitable but there have more than a couple of interim weeks like this. Yesterday ...
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iflyjetzzz replied Jun 24, 2010Hmm. Risk trade coming off worldwide in equities and commodities, yet the EUR spiked against the USD? Not logical. Disclosure: Short EUR, so talking my book.
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iflyjetzzz replied Jun 24, 2010Ah, he invests in one of those quintuple levered ETFs (which has an account at a FOREX broker that allows 400:1) run by this former banker: video
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iflyjetzzz replied Jun 11, 2010Keep an eye on business inventories; out 5 min after consumer sentiment. If they rise significantly, the stock market won't like that.
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