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micmic replied Feb 14, 2012Well, it just took me out again. No hard feelings, but now I have to declare war. PL: +2
Three-toed Sloth trading
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micmic replied Feb 14, 2012Price did move below 83.50, so SL is now at BE. Of course, if it comes back and takes me out again, I will have to invade and burn down both Australia and Japan.
Three-toed Sloth trading
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micmic replied Feb 14, 2012Trade 2 16:54 GMT - sell AUDJPY @ 83.85 Stop Loss: 84.04 Take Profit: 82.90 If price moves below 83.50, then move SL to BE.
Three-toed Sloth trading
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Three-toed Sloth trading
Started Feb 14, 2012|Trading Journals|51 replies
Why not ? Why is it that trading should always be compared to cheetahs, eagles, lions, ...
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micmic commented Feb 7, 2012It's really amazing that after all these years people STILL believe that the situation in Greece is relevant to the taxes or the eurusd or the measures. Greece (and Portugal, Italy etc) are just the EXCUSES. Why are you trying to find any logic in ...
Greece working on final bailout document according to govt official
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micmic commented Feb 7, 2012And if Greece defaults officially then eurusd will go over 2.00
Greece working on final bailout document according to govt official
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micmic commented Feb 7, 2012Next level for Euro probably around 1.70

Greece working on final bailout document according to govt official
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micmic commented Feb 2, 2012Actually it's very easy to predict when eurusd will start falling again: It will be when most people think that the Euro has overcome the crisis. So pay no attention to Fitch and the other idiots; just watch the comments

Fitch's Riley says Greece will default
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micmic commented Jan 20, 2012From a trading point of view those fluctuations are to be expected. Even the unexpected is to be expected
If things were that simple, everyone would had shorted euro 2 years ago and we would all be rich by now.France’s Sarkozy warns Greece not to delay decisions – Reuters
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micmic commented Jan 20, 2012Yes, most probably. If you trade based on the monthly charts, with the appropriate stops... then 400-500 pips is just a small retracement and the major trend is down. Now, if you trade intraday... it's a whole lot different story.
France’s Sarkozy warns Greece not to delay decisions – Reuters
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micmic commented Jan 20, 2012Nothing wrong with the market. It just sucks money out of the many and transfers it in the pockets of the few. This is what it has always been doing.
France’s Sarkozy warns Greece not to delay decisions – Reuters
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micmic commented Jan 18, 2012Is it ? First rule of trading: Don't have biases, especially when they contradict the trend of the day

Fitch Director Says Doesn't Expect Italy To Default
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micmic commented Jan 18, 2012Who gives a fuck about what Fitch says or whether Greece defaults... the thing is that there was a clear S/R level at previous day's high, at 1.2808. The first time it touched that level it bounced about 75 pips. Then it breaks that level and ...
Fitch Director Says Doesn't Expect Italy To Default
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micmic commented Jan 18, 2012As usual, someone is spreading "news" that will help his position

Market talk of stops in EUR/USD at 1.2820 - Unconfirmed
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micmic commented Dec 28, 2011When I want to have some laughs I always head to bloomberg. They like to find a reason for every move. When they can't find something plausible they will devise something

Still no clarity on the reason for the moves
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micmic commented Dec 13, 2011Because they realize they can't profiteer anymore... haircuts are very probable now and so borrowing with 1.5% and and loaning with 5% isn't so attractive now...
Merkel rejects raising upper limits of bailout funding: Reuters
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micmic commented Dec 9, 2011The thing is that for 2 years now people keep saying that the Euro is doomed, the Euro is going to fall, the Euro is going to disappear etc... and yet, here it is again, rising from its grave like the undead. With all this hammering that the ...
German economic adviser Bofinger says EU Summit deal insufficient
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micmic commented Nov 29, 201110 years would be extremely optimistic I think. As much as violence would be terrible, it would also signal the beginning of a new socioeconomical progress period, so the paradox is that we should welcome it. But I think that we are just unlucky to ...
Should the Fed save Europe from disaster?
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micmic commented Nov 29, 2011All kidding aside, this is exactly where it will all come down to. What's happening today worldwide is just a form of economic dictatorship and slavery where the people have no actual saying in what happens. Elections are a joke because all choices ...
Should the Fed save Europe from disaster?
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micmic commented Nov 29, 2011Indeed. At the same time AUD, NZD, CAD, CHF, GBP, JPY were also rallying against the USD. Actually it was the USD falling and not the EUR rising. I wonder whether those who write these things are being paid to write such piffle.
Euro hits session high vs dollar after Italian auction