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- 16 Results (1 Replies, 15 Comments)
- ggdrums commented Feb 14, 2012
Yes "Samaras will commit" is a lot different than EXPECTED!
Samaras will commit to austerity Wednesday - Rtrs
- ggdrums commented Feb 14, 2012
Think this is the article url
Samaras will commit to austerity Wednesday - Rtrs
- ggdrums commented Jan 20, 2012
Yes the stoploss is a great tool. But unfortunately the market usually eratically takes them out, to your brokers delight
Market talk of offers in EUR/USD from Asian sovereign names - Unconfirmed
- ggdrums commented Jan 18, 2012
Bears of the usd index? Confusing
The EUR/USD has reached the swing short zone
- ggdrums commented Jan 14, 2012
Kikolas, I didn't say anyone lost money in Portugal. I meant IF they did, eg. Default or currency devaluation if dropped out of euro. I'm not a fan of s&p anyway :-) I just meant they are being extra cautious now after 2008 f€€k up.
Mass S&P downgrade, Greek debt impasse hit euro zone
- ggdrums commented Jan 14, 2012
Just out of interest, is everyone who is knocking rating agency long euro? They did make huge mistakes in 2008. But if they left things as is now and didn't downgrade Portugal, for instance, and more people ended up losing money invested in ...
Mass S&P downgrade, Greek debt impasse hit euro zone
- ggdrums commented Jan 5, 2012
EUR/USD goes up because good news for the US is good for investor risk worldwide and the EUR is a riskier asset. However this correlation seems to be weakening as the EUR didn't really rally on this news. In my opinion the EUR would have shot up a ...
December 2011 ADP National Employment Report
- ggdrums commented Dec 20, 2011
At first thought the market thinks upbeat US data is bad for USD and good for risk, ie. the EUR. But it should sink in that good US data means QE3 is getting less and less likely. If the US economy is in better shape surely the USD is safer to hold ...
EUR/USD edging to range tops after upbeat US data
- ggdrums commented Dec 20, 2011
It is clear that they will not let it just go down in a straight line, otherwise anybody could profit by just shorting with no worries. So, they keep retail traders uncertain by manipulating it back up. I think it has to go down though.
EUR/USD edging to range tops after upbeat US data
- ggdrums commented Nov 21, 2011
Hi rankinchopra, I agree with hipster regarding trading against the trend. You may get a correction to get out of your position but if things continue with Europe (likely) then I see aud/usd dropping further. I would defo get rid of some of it now ...
Why the ECB Won't (and Shouldn't) Just Print
- ggdrums commented Sep 13, 2011
Even though China has increased the amount of Euro's in reserve they still have mostly USD. I can't see why they would not be delighted with the recent Dollar strenght.
China ForMin: Beijing has confidence in Europe
- ggdrums commented Sep 12, 2011
Big surprise! Play the China card again! Such Bull! Or is it Bear! China is looking out for it's own interests....
Italy is in talks with China investment to buy bonds
- ggdrums replied Aug 31, 2011
Hi Matt, Did you test out your strategy yet? I had the same idea in mind.
Extreme long term Hedged Carry Trade Position Building journal