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Posts by "carlco"

193 Posts Total by "carlco":
150 Posts by member
Carlco
(bristol, United Kingdom)
43 Posts by Anonymous "carlco":
Carlco
bristol, UK
Posts: 151
14 years ago
Aug 4, 2010 8:35
In Thread: GBP
ashraf is iranian, so has a slight bias on news events, but don't take it out of context Rhiwad :)
JUST when the markets see to be correcting themselves, i read this....http://bit.ly/interestraterisetelegraph
wheat has had a 50% increase this year and thats having a knock on effect at Greggs! (no more doubling up on my usual order of cheese and bacon turnovers & apple danishs')
more seriously infalation has raised its head! after all the talk of deflation things seem to be spinning round quickly on this one too. Dry goods may well be dropping in price but the relentless increases in commodities and grains has to be paid for at the end point, we all have to eat right?
Q. Could some of the current uplift in usd x's be more long players realising that interest rates for the rest of the world may have to rise to dampen inflation , leaving the usa happily stimulating away, fearful of a debt laiden mortgage market into further repo's? if so 1.62-1.68 suddenly doesnt seem so unachievable. thought s anyone??
Carlco
bristol, UK
Posts: 151
14 years ago
Aug 2, 2010 15:02
http://www.nanex.net/20100506/FlashCrashAnalysis_Part4-1.html
i apologise for putting this link here but didnt know where else to stick it.
Carlco
bristol, UK
Posts: 151
14 years ago
Aug 2, 2010 11:08
In Thread: JPY
very interesting qiman, im looking at the todays cadjpy spike up again, this cross does seem to have some quite nasty whipsaws , i have a key resistance @86.55 but its again testing the top trendline , on the question of lower leverages wouldn't this mean less liquidity? wouldn't that in turn make 'volatility' even worse? im thinking..(i may be wrong, as i usually am) increased whipsaws around resistance /support levels and key psychological levels, as traders try to capitalise...???
Carlco
bristol, UK
Posts: 151
14 years ago
Aug 1, 2010 16:09
In Thread: EUR
qiman..just ignore the troll, unless you're into solar divergence trading of course ;)
Carlco
UK
Posted Anonymously
14 years ago
Jul 30, 2010 17:26
In Thread: EUR
you've talked about eurcad before and today was the day to be trading that X
Carlco
bristol, UK
Posts: 151
14 years ago
Jul 30, 2010 10:28
i found an interesting article on BDI, they seem to think this is the bottom , as the bdi has rallied 7 days straight. Is this a proper indicator of an upturn? or possibly something else like refills of inventories?
Carlco
UK
Posted Anonymously
14 years ago
Jul 29, 2010 10:48
usdcad isn't a X that i have paid any attention to this past year, as i like gbpusd and eurusd, but i think you're being too hard on yourself with bad calls on this ashraf, we are staring down the barrel of 3 year lows on the weekly chart 102-103 all through 2008, until that magic break higher on sept 28th 2008 and that level was a 10319 !it amazes me how the markets keep coming back to levels and revisiting key levels years later, this morning ive been reading reports of weak data out of the usa , and bearish oil, but i can't see this oil weakness lasting much longer , also the rest of the world seems to be turning in some moderate gains. My thinking is , if usa remains weak and the rest of the world gains that has to be good for oil prices and cad, if usa does start to pick up then that would mean less risk aversion so a weaker dollar and higher oil demands so a stronger cad ?
So im thinking and please anyone correct me if im way off here, it doesnt matter what happens aslong as we don't get a 'global' double dip, which is looking more and more unlikely, (im also thinking here that all the bad news has been built into the prices, born out with what happened to amazons share price on worse profits report last week, for example, the share bounced back within the day)
Also, (sorry im making this a novel) the bank stress tests in europe although laughable shows the banks in as bad a shape as we all suspected, which is good, atleast they arent any WORSE than we thought! is this yet to show up in price action. I think what im saying is although USA is in a hole that might take them the longest to crawl out of, barring a major default (california???lol...Spain???) this could be great for oil bulls and a usdcad short , Question wouldnt it be better to play CADUSD long AND cheaper ??? (because of interest charges???)..
Carlco
bristol, UK
Posts: 151
14 years ago
Jul 28, 2010 11:45
In Thread: USD
lets get something clear Harris, the only thing this forum could be interested in is how much is your hourly rate for massage.
Carlco
bristol, UK
Posts: 151
14 years ago
Jul 28, 2010 10:17
In Thread: GBP
patriot hope you closed out @15550, it just pinged straight back up trying 15540 , i reckon on a 25pip move either side of 156 for most of the day .