Posts by "putko mafani"

Ignore, your usdchf hedge idea is a nice one cause usdchf is at 61.8% fib of the latest move off the bottom and eurusd still has some room for extension of the uptrend. GL
P.S. long eurusd and long usdchf is in fact long eurchf which on its hand is sitting above some minor support levels.

PBOC Scrambles To Reliquify Chinese Interbank Market, Injects CNY 300 Billion Of Liquidity http://is.gd/qK6Ja3

@catnip

As a final note: I do not see reasons to discuss something with you as you change your fundamental stance when you are proven wrong by the market action. Then again you continue to repeat your mantras which were proven wrong by the market action. I think you are delirious.

@catnip

You say: "Everyone forgot warnings ( by definitely not- chart astrologists) of currency war.
It is currency war and China and Eurozone are the loosers."

You are right about the currency war (at least you are starting to see something right) but the aim of the currency war is to weaken the respective currncy. For example China Nat Bank, Swiss Nat Bank, Fed, etc. etc. They want to weaken their currencies to boost exports to boost their economies.
So if you by saying "Eurozone is the loser " of this currency war mean that EUR will weaken, then you should say it the other way round "Eurozone is the loser" of this currency war. Got it?

As a side note: I must say after reading this last post of yours, I thought you were having at least some basic knowledge of "Who is Who and what They Want" in the current Financial World. But I see I was wrong :) You know nothing.

So Catnip, you are starting to understand that China unwinding (of USD accumulation) is inevitable at some point. And as I told you, it will happen sooner than later.