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120 Posts Total by "ptaczek":
110 Posts by member
ptaczek
(Brno, Czech Republic)
10 Posts by Anonymous "ptaczek":
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ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 14, 2010 12:17
In Thread: USD
Neither am I a technician and yes that line is indeed a broken one :)
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 14, 2010 11:31
In Thread: USD
@Callum: here is daily Dollar index (continuous chart) from ma platformhttp://bit.ly/bOzthH
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 14, 2010 9:25
In Thread: USD
USD continues keeping low profile this week but it should change today and tomorrow as there is more US data scheduled. In my opinion all depends on how the market decide if the data will be positive. Positive US data should be USD positive, right? But it can be also perceived as a risk catalyst and the dollar will be dumped in exchange for riskier assets. It's not clear to me and Im looking forward to hear from Ashraf or simply wait and see :)
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 14, 2010 9:18
In Thread: GBP
hm, this week it's up to USD. There are no GBP news except Nationwide Consumer Confidence later today, but we have some strong USD data in the pipeline today and tomorrow which will move the USD.
Today's Bernanke's testimony can provide some USD boost as it was in the past months. But I think it will be again the guessing game whether it's more risk-on or more interest rates hike speculation if the US data will be positive. Maybe Ashraf can shed some light into this :) So far the Yen pairs suggest more risk-on.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 12, 2010 9:34
In Thread: EUR
@Xaron: how do you suggest to trade metals at these levels and what would be the benefit of shifting the focus on metals?

@cantip: right now Im opinion-less on the bailout. I simply don't know how should I slice it and get something sensible from it.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 12, 2010 9:25
In Thread: EUR
Hm, not much reaction after EZ open.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 12, 2010 0:01
In Thread: GBP
Tnx for the moral support guys :) Im gonna hold it because the outlook on UK is still negative. But i'd like to hedge it somewhere to limit the inevitable drawdown. Creativity first, panic afterwards ;)
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 11, 2010 23:10
In Thread: GBP
@Karan: my guess is simple: risk is on. GBP is a higher yielding currency against USD and JPY. Look at JPY pairs also.
Anyway, it's not a pleasant feeling to have a bunch of GBP shorts and see it spiking up on endorphine intoxication caused by the agreement on a Greece bailout package :(
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 11, 2010 23:06
In Thread: EUR
Sure, the ongoing excitement will lift euro in coming days. You don't have to have EZ fundamental problems solved. The market mass can be very irrational and the cheer over the bailout simply IS an endorphin booster.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 11, 2010 22:41
In Thread: EUR
@Callum: if there is a EUR30bn bailout package agreement then it is likely EURUSD will be lifted up in my opinion. The excitement over the bailout could be a major game changer. But while I can understand the EUR right now Im a bit confused by the GBP climbing...
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