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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
UK
Posted Anonymously
11 years ago
Sep 15, 2010 13:32
In Thread: JPY
ive argued this interest rate hike approach for years, i just don't understand why you would want to leave interest rates so low, japan has tried this for 10 years plus now and it simply doesnt work, i think pushing base rates up would perversely stimulate the economy, squeeze out deflation/staglation once and for all, push out speculators of an overvalued safe haven currency. The yen in world borrowing terms is virtually free money, how is that good for its economy?
Carlco
UK
Posted Anonymously
11 years ago
Sep 2, 2010 10:30
In Thread: USD
it was strange yesterday how gbpusd tested 154 early morning (uct) then dropped a nice 50pips only to rally from midmorning through to market close touching 155, now today its back to that support line of 15375 it seems to like so much at the moment. Is this really a phenomena ? 1st of the month rallies??
http://bit.ly/firstdayofthemonthsqueeze
Carlco
UK
Posted Anonymously
11 years ago
Aug 23, 2010 10:26
exactly orange trader, hence a forum where posts could be edited would be nice :)
trying to keep posts concise always leaves the door open to lost in translation.
Carlco
UK
Posted Anonymously
11 years ago
Aug 20, 2010 18:08
ive become more and more fascinated at gbpaud chart, although the weekly parabolic sar has turned bearish this week, (hasn't been bearish since feb.8th. ending may10th and gave 800pips) , this, even though the stochastic is a lot higher, im concerned at the lack of direction this past 2 weeks, 16250 has to be the floor right??
but remember the snap elections are tomorrow maybe thats whats caused the currency swing as julia gillard is planning her re-election, if she does win it looks like she'll be looking at tightening the fiscal budget after massive spending too. � anyone???
Carlco
UK
Posted Anonymously
11 years ago
Aug 17, 2010 12:53
what i find worrying about the S&P500 is 5days of directionless trade, a reverse hammer followed by a doji , now today the futures arent looking like they want to test the 50day and look like hugging the bottom of the bollinger 20,2 ive got a big support line in @1071 which it bounced off nicely yesterday, my gut feeling is we are going to break to 1040, unfortunately i feel the market may try a move up to test 1120 again before the end of aug before that happens. For me a key level will be the 100ma closing in this friday on the current level.
Anyone agree?
Carlco
UK
Posted Anonymously
11 years ago
Aug 9, 2010 12:26
In Thread: JPY
passiontrader don't take to much notice of zerohedge, amusing, but wholly inaccurate.
Carlco
UK
Posted Anonymously
11 years ago
Aug 8, 2010 19:51
VOTE:75-83

i dont know where its going to be!
Im staying out of the market and watching from the sidelines.
@vikas i wish people would stop going on about israel attacking iran, its not going to happen the USA has too much to lose.
Carlco
UK
Posted Anonymously
11 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
UK
Posted Anonymously
11 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
UK
Posted Anonymously
11 years ago
Apr 10, 2010 16:53
In Thread: USD
asad- thnx for the link, lol. i didnt realise ashraf had such good ball skills.
Q. do you still think we are on for eurusd 1.32? now the greeks seem to be stabilising the uncertainty is fast evaporating. how far do you think this retracement will go before you concede a full reversal?