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Posts by "catnip"

2150 Posts Total by "catnip":
2 Posts by member
catnip
(Frankfurt, Germany)
2148 Posts by Anonymous "catnip":
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 13:33
In Thread: JPY
Yes China inflation is imo a much bigger threat then anticipated. Still around 700 to 800 million Chinese are very poor. The govt. risks social unrest and massive riots if prices rise and wages are low to extremely low. I think even without clear signals one should go short industry metals especially copper
and short AUD NZD and possibly CAD. If PBOC hikes expect indices to crash some 2 to 3 weeks later.
JPY long is not a bad idea,too. UST futures have not clearly reacted yet.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 12:02
In Thread: GBP
montmorency
it's same everywhere CBs should by all menas be independent of whatever politics but are not independent. I observe that as a great risk. If currencies were gold backed one could substitute
politicians with moderate AI and no one would note a difference. With fiat money one could substitute politicians with low-grade mediocre AI and many would note a difference.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 11:48
In Thread: EUR
EUR is sold off again after repeated comment from Soros. Soros is correct the EU "safenet" pledge is utter nonsense. And very expensive, too. Greece needs to increase productivity and that can only be achieved by calling back outsourced workload from Eastern Europe and outsource workload to Greece. Greece is the first victim of outmost stupid Eurozone economy politics.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 11:37
said
I'll never even touch DOW. One cannot make money with stock indices over long run. FX and bonds
are much simpler.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 11:33
Anyone trades platinum palladium?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 9:48
In Thread: USD
Anyone trades SGD/USD or EUR/SGD?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 14, 2010 8:58
Simple answer: because market moves are "in the beginning" rational.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 22:24
It looks like a turning point 10 year yield anticipates DOW rally ( but the DOW future doesn't) anyway I trade bond prices not DOW. However earnings season has just started Intel is just a small hint.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 22:18
montmorency
yes it is a mathematical method developed by a Russian mathematician who is however US citizen for the past 15 years. I think he was the first to come up with an idea how to model all markets at once, as a system, in terms of systems theory. The mathematics is indeed very difficult but that is not a real problem as it has an algorithm that can be programmed. The big problem is that one needs all data which have to do with any form of money ( inclusive of debt) and with any form of decision how to move the money.
JPM and GS has access to these data but the average trader hasn't. So one has to cope with what is available and I chose the biggest markets in terms of money, the bonds i.e. sovereign and corporate.
I also need LIBOR and real inflation. So far it worked well I went short EUR and USD vs commodity currencies right in time with out any look at FX charts. I went short UST 10y price right in time and turned long and it was also right. I discovered trading sovereign bonds futures only recently even with a 100 leverage it is a safe bet.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 19:22
In Thread: EUR
Yes you need a kind of gut feeling as well. Howver I determined my most profitable trades so far all with the systems method and none had failed so far. For ex. I told a TA based trader not to short GBP
and went long GBP vs EUR and USD and I was right. And he was dead wrong. I just checked yield differentials and 2y 10 y and OIS and said GBP at least cannot fall. And it didn't. However the method won't work for scalping.