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Posts by "cat0nip"
1999 Posts Total by "cat0nip":
72
Posts by Anonymous "cat0nip":
For first time ever started a trade based only on credit flags
USD/NOK long. Interestingly fx lags credit deterioration by about 12 hours.
No wonder markit doesn't sell CDS RT to individuals.
No , it is not ECB worrying strong EUR ( strong? really?)
it credit deterioration of Germany and France while Italy Ireland Spain see improvement.
I think this year huge profits can be made with Palladium trade, either way.
These are constructed as a money management system . But the came out of the blue the JPY spike up and all shorts were triggered.
I sat on a margin larger than my account and hurried to close all
shorts , because that was an algo spike. Triggering a short squeeze and someone made big money.
In absolute terms the JPY weakness still persists but no more in relative terms. Interstingly its now the same strength meter reading as this morning at Sydney open.
I think such spikes will occur more frequently as the devaluation race moves on. And makes trading more risky than ever.
Strange things happen these days.
I noticed once again USD is the most constant currency.
And again someone sold EUR and bought JPY right in the openeing of thin volume Sydney fx market.
Analysis of strength meter readings over a couple of past days reminds me the JPY weakness could end abruptly.
The meter was also correct in calling GBP short after the "Cameron victory over EU bureaucracy" turned out as a fake.
no the worlds't best cuisine is Turkish.
EUR JPY were politically - not technically - driven . The constancy of the USD was quite interesting.
Cable short is now back at entry. Was almost knocked out.
Anyway German French TV channel, after ots of good docus on travels in France, has now started to cover Cornwall.
Started with a public address by Merkel within a year they'll drive....ya know.
The Fed may indeed stop QE4 before a particular level of unemployment is actually achieved, the ECB can never stop QE.
The very thin and even alleged LTRO backflow adds to serious doubts in EUR.