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venzen commented Jun 30, 2013Fair point, but if I consider the base assumption - that news moves the markets - I think there is a flaw: the Eurozone has had bad news for well over a year now and there is no visible correlation between the release of bad news and the price ...
Currency Positioning and Technical Outlook: Dollar Finishes Q2 on Firm Footing
- venzen commented Jun 30, 2013
Not sure why you're singling out China for "fiddling"... Any thinking person takes an official figure as a dialectic pointer - its accuracy cannot be reasonably established nor whether it is actually true or false - look instead at the rhetoric ...
China Regulator Says Bank Reserves Enough to Weather Cash Crunch
- venzen replied Jun 30, 2013
PA has slowly edged lower along the bottom of the Fibonacci Fan TL. Reviewing the wave formations today I notice that PA since late April looks ery much like a triangle for subwave b of wave B. Price could now make one more low (in wave e of the ...
Bitcoin technical analysis
- venzen commented Jun 28, 2013
Humorous contrarian indicator: the "star" of the article is getting out at the bottom! In all likelihood it's a good time to start building a position to the upside. Consensus here is mixed, but from an Elliott Wave perspective there is need for ...
'Pawn Stars' Star: I'm Selling Out Of Gold
- venzen commented Jun 28, 2013
As traders we should see the opportunities for what they are and get in on highest probability for profit. I haven't had the conversation about short selling with a non-trader in a long time - you know - the one where they're like: "What!? You mean ...
The gold and silver crash is artificial
- venzen commented Jun 27, 2013
i agree the EurUsd is in a downtrend, and you say your target is 2960 - I'm interested as a trader to know why.
Europe strikes deal to push cost of bank failure on investors
- venzen commented Jun 27, 2013
erm, my chart shows it's going up... why 2960? is there a technical "whatcha-ma-call-it" at that level?
Europe strikes deal to push cost of bank failure on investors
- venzen commented Jun 27, 2013
good idea! let those vile savers and investors pay the price for lending their dirty cash to the poor banks! I guess 99k Euro accounts will become the norm - and the rest in Bitcoins? Sneaky money-hoarders...
Europe strikes deal to push cost of bank failure on investors
- venzen commented Jun 26, 2013
great analysis of the current situation, thanks for your commentary
Helicopter Ben Miscommunicates
- venzen commented Jun 26, 2013
Hard to tell what will happen next. As money flows out of bonds and stocks it becomes Dollars. I can only see the USD getting stronger from here on. The volatility that is building up will see swings for sure, but who knows what these central bank ...
Helicopter Ben Miscommunicates
- venzen commented Jun 26, 2013
Very interesting thought - I wouldn't put it past them to do just that...
Helicopter Ben Miscommunicates
- venzen commented Jun 26, 2013
a bit gloomy, given the wonderful improvements we've been seeing in the global economy... nail right on the frickin' head: the market has been responding to news differently and recent sell-off was sentiment driven. Now the pots are really boiling ...
Helicopter Ben Miscommunicates
- venzen commented Jun 26, 2013
true, but despite the trouble theyll have stashing it round the house, I'm sure the devious guys at Swiss Air Freight must be overjoyed to swim in a Sea of Peanuts Money!
$1.2 Million Bound for Federal Reserve Stolen Off Swiss Air Flight
- venzen commented Jun 25, 2013
comical idea but i doubt it's possible. The chairman of the Fed does not make or implement decisions as an individual. The FO Committee vote on policy matters and as has been widely mentioned by now there is growing sentiment amongst board members ...
The Bernanke Fed is playing with deflationary fire
- venzen commented Jun 25, 2013
To be honest, I don't get the "tighter policy" being mentioned but as for deflationary fire I agree: as the ample credit dries up there will be less spending on the lots of "things" = the road to lower prices All the other ingredients of a ...
The Bernanke Fed is playing with deflationary fire
- venzen commented Jun 21, 2013
@in10sif, I am familiar with Elliott Wave Principle and have been reading Prechter - good insight and the notion of 'social mood' is invaluable to understanding the reasons for trend change. I am disappointed however with Prechter's organisation, ...
This is why global markets are freaking out
- venzen commented Jun 21, 2013
My sense is that what is aptly being called "a wave of fear" is sufficiently pervasive this time round to tilt the balance toward the long anticipated Cycle degree market correction. However, I've been bearish for so long that it may just be my ...
This is why global markets are freaking out
- venzen commented Jun 21, 2013
good idea! curb the actions of the agencies lobbied by big business so that multinationals can't destabilize sovereign concerns. Just like a politician and cenbanker to try and dictate to the puppet instead of reproaching the puppet-master!
EU Tweaks Rules for Rating Agencies