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Posts by "cat0nip"

1999 Posts Total by "cat0nip":
1927 Posts by member
cat0nip
(Frankfurt, Germany)
72 Posts by Anonymous "cat0nip":
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 1, 2013 19:22
In Thread: EUR
In reply to DaveO's post
Outlaw HFT that is funny. They came up with a minimum duration of holding an asset...how could this ever work?
Well then London brokers will love it.
Cameron calms Schauble listen we here in London ya know we have officials doing trading. One to find opportunities another to check entries another to determine exit one to write the trade on paper form with rationale, one to check the rationale, one to check the trade against the rationale, one to hand the paper to a student who enters the trade. That takes days! Not a sign of HFT!

Schauble is impressed. You get along with so little staff? We need 123 officals! Plus 91 in reserve in case some of the staff takes a sick leave which happens 37 days per year.

So we can all trade from London no danger of breaking the anti HFT law.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 1, 2013 11:59
In Thread: EUR
In reply to DaveO's post
UK pound very cheap. Any property to sell?
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 1, 2013 11:56
In Thread: EUR
debunking the LTRO payback hoax : see ECB page Open market operations http://www.ecb.int/mopo/implement/omo/html/index.en.html

could we agree that the LTRO total of 529.53081 bn + 489.19075 bn
makes a proper write-off?
ECB balance shrinking....wow. Strong EUR. Woa!
My advice keep US cash real solid greenbacks as much as you can still holds. In your matress but not in any bank account.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 1, 2013 9:32
In Thread: EUR
In reply to Ashraf Laidi's post
Yes indeed currency trading is about DIFFERENCES of the respective
values.
But what determines the relative value?
Here one has to delve much deeper into economy, because economy
is the science of value of money.
Lets sum it up:
all EUR bulls were wrong
all dollar bears were wrong
all gold bulls were wrong
all JPY bear still are wrong

so conclusion their model is wrong. And Bernanke' is right. Period. Thats the reality.
Another reality is that 70% at least are algo trades.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 28, 2013 10:14
In Thread: EUR
bought call on BTP italy sov 10y june future EU long at 3130 order entry done
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 27, 2013 21:34
In Thread: EUR
In reply to Qingyu's post
I didn't neither did I miss the JPY downturn. This time I used wide sl and wasn't irritated when huge losses mounted because I was sure ( by credit data once more) it would all revert and come out profitable.
It did. Yesterday I posted a very risky EURJPY long trade which went fourfold today.
But Ashraf lets face the facts: Merkel's austerity is a total failure. But she doesn't hesitate to bail out Cyprus banks robbed out by Russian oligarchs ( quote "we must avoid confrontation with Russia"). No Sir I don't give a cent on this Lady. She did everything wrong what could be done wrong.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 27, 2013 12:08
In Thread: EUR
In reply to djellal's post
I am still long EUR as I think that some action from ECB must come
the outlook has so greatly deteriorated and furthermore the LTRO payback was a total hoax I really wonder how AL could be fooled
by this rather transparent story
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 27, 2013 9:29
In Thread: EUR
Extreme credit deterioration reported for Italy Spain Portugal Ireland Germany
almost crash-like.
Merkel is the looser of Italy elections
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 26, 2013 18:50
In Thread: EUR
In reply to djellal's post
don't think so but Berlusconi will not allow Merkel dictatorship.
Its her very last year anyway, I assume.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 26, 2013 16:09
In Thread: EUR
In reply to djellal's post
yes long term. Both Borsalino ( I mean the Italy buddy) and Bernanke disappointed somewhat. Wait.