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Razor_trader replied Jan 15, 2015Its harsh but the reality is that the large banking institutions and the Central banks care not for the citizens. All the distrust for the banks that created the financial meltdown has done nothing for the average citizen. The disconnect and ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
Thanks I am normally an extremely positive person and I don't like being negative, but when someone does something reckless and yet tries to blame everyone and everything for their personal actions then it is time to be a little negative in the hope ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
LOL, Just look back through my posts to where I clearly stated that the peg would fail. I also copped some 'short term' criticism when the SNB introduced negative rates and the market spiked for an entire hour before pulling back. I also stated that ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
One of the smartest posts I have read today. Well done. Long term if QE comes in next week then I expect more gains on the CHF over the Euro. That being said, the entire market at the moment is more or less in Chaos. Similar but opposites ends of ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
Wow, are you 12 years of age.... What kind of mature person, of sound mind and body could come up with such utter nonsense. You THINK the SNB cares about your little account? Do you think the SNB is thinking, 'Gee that last round of intervention did ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
Let me ask you this. IF it went the other way and ran up to 1.61 instead of .85, do you think your Broker would pay everyone the millions of dollars they would have made? Especially if they take the other side of the position...... Please wake up, ...
EUR/CHF
- Razor_trader replied Jan 15, 2015
I think it quite funny really that even in the most liquid market you seem to have no concept of the buyer/seller need ie to sell something you need a buyer and if there is no buyer then the price heads to a level where there is. Slippage, GAPs, ...
EUR/CHF
- Razor_trader commented Jan 15, 2015
Because they acknowledged that they can no longer hold the peg. The SL's under that peg were massive and any significant break was going to slip past those stops. I still cannot believe it but there it is. Where to from here Swiss? Perhaps now you ...
EURCHF collapses as SNB gives up on 1.2000
- Razor_trader commented Jan 15, 2015
Whilst I feel sorry for the longs that have been absolutely smashed, the writing has been on the wall for the longest time now. I am only sick that I had no shorts but to be honest, even I was thinking a crash through to 1.15/16 at the most. I have ...
EURCHF collapses as SNB gives up on 1.2000
- Razor_trader replied Jan 13, 2015
Without a doubt, no argument here. The old saying is that Markets can stay irrational for longer than you can remain solvent. I am still bearish Oil in my outlook because it has done nothing to show that there is a turn around coming. All the ...
Trading Crude Oil with price action + indicator
- Razor_trader commented Jan 13, 2015
That is an option although I doubt it will fix their overall problem. Those oil producers still need to sell their oil at a profit so if your a US consumer and suddenly the US says 'Right, we are no longer importing oil, instead we are only going to ...
OPEC’s squeeze on U.S. oil independence could succeed
- Razor_trader commented Jan 13, 2015
It was more than 12 months ago that the Fed said that interest rates would not increase for a considerable time. It was recently reworded to Fed being patient toward lifting rates. Love these central banks and their excessive supply of 'wool'.
Carney: BOE still expects to normalize interest rates within foreseeable future
- Razor_trader commented Jan 13, 2015
Perhaps research the other things that Oils are used for! Also the cost of electric cars and their limits will not replace any more than the Hybrids have on the roads since their creation, certainly not anytime in the next decade. Oil is here to ...
Oil above $100? Never again, says Saudi Prince Alwaleed
- Razor_trader commented Jan 13, 2015
With a comment like that I would want to be a guest as well. What the hell kind of say does the Fed have on Oil Policy handled by OPEC......
Oil above $100? Never again, says Saudi Prince Alwaleed
- Razor_trader replied Jan 13, 2015
Market share at the expense of other producers it about the long term. As I mentioned in my last post, the cost of starting a project and getting it to production is both expensive and extremely time consuming. Even if one is to look at a commodity ...
Trading Crude Oil with price action + indicator
- Razor_trader replied Jan 13, 2015
Unfortunately it is not quite as simple as that. I will use the Resource boom here in Australia as a key example as it has been the same result with the lowering of Iron Ore prices putting pressure on higher cost resource companies. In order to get ...
Trading Crude Oil with price action + indicator
- Razor_trader replied Jan 12, 2015
It will be the domino effect. The debt in the construction of Oil and the ongoing cost to produce will not only effect the companies themselves if and when they go bankrupt but also the suppliers that have built companies to support them with parts ...
Trading Crude Oil with price action + indicator
- Razor_trader replied Jan 12, 2015
Ive been charting some comparable assets over the past month looking at the relationships over time for a selection of assets including the DOW, Oil, Gold, Silver and the US dollar. 1 point of note when looking at Gold and Oil, since 2007 the ...
Trading Crude Oil with price action + indicator
- Razor_trader replied Jan 8, 2015
All good, love the written language as it can be hard to breakdown and interpret what has been written. I agree, asset bubbles inflate and crash all the time so currency bubbles are no different. They are at the best of times irrational but as ...
EUR/CHF