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Posts by "millward"

8 Posts by member
Millward
(sydney, Australia)
   
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Millward
sydney, Australia
Posts: 8
15 years ago
Mar 30, 2010 23:27
In Thread: Signals from Commodities & LIBOR
Hi Ashraf,

At what threshold do you declare a +ve/-ve correlation, ie .60

Thank you very much.

Regards
Trader
Millward
sydney, Australia
Posts: 8
15 years ago
Mar 22, 2010 8:05
In Thread: JPY


Chart: http://twitpic.com/19pwlm
Millward
sydney, Australia
Posts: 8
15 years ago
Mar 22, 2010 8:03
In Thread: JPY

N225 can't make new highs, along with Commodities.
Millward
sydney, Australia
Posts: 8
15 years ago
Mar 10, 2010 22:55
In Thread: Gold, Oil & Indices (Equity & Bond Indices)

Hi All,

I know the horse may have bolted already ( gold) but here is a couple interesting charts snapped less then 24hrs ago.
http://twitpic.com/17pgmk
http://twitpic.com/17p9nm
Millward
sydney, Australia
Posts: 8
15 years ago
Mar 9, 2010 10:00
In Thread: S&P500 / VIX Ratio & USD LIBOR

Hi Ashraf,

Classy , indeed!
Millward
sydney, Australia
Posts: 8
15 years ago
Mar 9, 2010 0:01
In Thread: Trading, Analysis (Technical/Fundamental)

Hi Ashraf,

I'm reading J Murphy book, Intermarket Technical Analysis of Strategies in the Currencies, Bond, Stock and Commodities markets.

Very similar to your book, indeed!..do you know of this book? do you recommend it?... any comments...Have noted, simple is best, and refering to one of your post recently about trading the pound down with less leverage and not being stop out, I don't think traders now how a trade like that ( 1000+p) can make a year or even set your frame of mind , for the rest of your carreer.

Maybe if you get the time you can post a chart , detailing buy order, leverage etc showing how this technique will keep you in the trade, obvouisly this style is for medium to long term traders.

Cheers
Millward
sydney, Australia
Posts: 8
15 years ago
Feb 23, 2010 8:01
In Thread: EUR
Hi Ashraf,

I agree with you, I stated at the end , I'm go long e/u g/u, but only renting , due to my bias being ex pected DXY in pullback.

I have been following you for 5 weeks, I don't think I have ever gone against one of your calls, no I don't think I'm a super trader , I was looking for some feedback as what you think the next shift is, that being , will the spoos rise with the dxy, as like last week, or BB speech this week will give traders more reason to sell, therefore more dxy buying... my analysis is telling me there is an underlying shift occuring.

cheers.
Millward
sydney, Australia
Posts: 8
15 years ago
Feb 23, 2010 2:07
In Thread: EUR
Hi ashraf,

Looking at latest COT ATB, extreme o/s g/u e/u, commods profit taking, BUT! spoos building longs once again, we know the fundamentals for g/u e/u drop,& interest diff, don't expect inflation numbers this week to be overly bullish .

Oil rise once again to resistance levels, the last time we had a major correction (20+) commodities were the last to know about it , LoL , oil 145.

Be that as is may, the usa equities are being ring fenced , so to speak, there is no dramatic event , if known, that will be allowed to crush this " recovery", so I will discard the variable of the commodities be the last to know about it, this time around.

So this brings me to another variable, g/u e/u are priced to their correct value now, and this leaves us with a two horse race, dxy vs spoos, is another paradigm shift about to take place?, that these two instruments rise together, I doubt it, not for long anyway.

That leaves one question then, which has more weight?, the spoos or dxy, no I don't think I will fight the FED or, for that matter the tape. Then this must conclude a sizeable throwback in the dxy.

I'm ready to go long vs dxy (g/u e/u), though, only for renting.

Cheers
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