- Search Energy EXCH
- laffin2bank replied Jul 2, 2012
Not insider really. I'm just an economist, and they're just nerds. Pos: Short 70k EURUSD (Used to be more when it was still in the 1.30-1.3450 range) Tonight/Tomorrow's Orders: 1.2642 on 10k *filled (to cover) 1.2618 on 10k *filled (to cover) 1.2590 ...
EURUSD
- laffin2bank replied Jul 1, 2012
url My niche community of economists predicted the European situation that's unraveling now back in 2003, seen in the link above. We have been confirmed right already. The script is written on the wall; print, and fast, or die. And even if you ...
EURUSD
- laffin2bank replied Jul 1, 2012
I'd consider myself a trader too.. but my degree is in economics--specifically monetary theory--so I'm biased. P.S. yes, the overwhelming majority of academic economists believe the EUR will fail.
EURUSD
- laffin2bank replied Jul 1, 2012
Think about it... why are American bonds yielding 0%? (1.5 on 10yr..)?? We can never go broke, ever. Only a pseudo-broke via hyperinflation. Ok sry if I offended you but please read this though, I genuinely believe it will change your thinking. Btw ...
EURUSD
- laffin2bank replied Jul 1, 2012
The biggest idiot of all is Van Rompuy himself, and Monti is a close 2nd.
EURUSD
- laffin2bank replied Jul 1, 2012
The short answer is that I recognize the marketplace is dominated by idiots. Also I'm short a lot more than 10-20, I fade my shorts & Longs, so that just isn't my strategy to be all in at one lvl. I use long aussie and short usd/cad as hedges and ...
EURUSD
- laffin2bank replied Jul 1, 2012
THE USA IS A CURRENCY ISSUER, NOT LIKE A HOUSEHOLD OR BUSINESS. ITS DEBT IS DENOMINATED IN USD, WHICH IT CAN SOLELY CREATE. WE EURO COUNTRIES ARE CURRENCY USERS, LIKE HOUSEHOLDS AND BUSINESSES. ITS DEBT IS DENOMINATED IN EUROS, WHICH IT HAS NO POWER ...
EURUSD
- laffin2bank replied Jul 1, 2012
TA is great but if you're too stupid to see the tidal wave coming you should get out of this business.
EURUSD
- laffin2bank replied Jul 1, 2012
Do you know (literally) anything about the eurozone, at all? Why would you ever buy a Euro, ever? You're calling me an idiot is actually laughable.
EURUSD
- laffin2bank replied Jul 1, 2012
Buy 1.2580? What? The EUR/USD isn't a buy anywhere. In 6 months it might go to 0.00. Why would you risk that for, what, 50-200 pips? Trade the Aussie and the Kiwi instead, save yourself and your account a lot of stress.
EURUSD
- laffin2bank replied Apr 25, 2012
Ah, your wisdom awes us all. Must be the same people saying to buy euro.
EURUSD
- laffin2bank replied Apr 23, 2012
See yr point, but don't miss the tidal wave coming. — You must be looking at charts under the daily..totally see your point but all it will take is one headline to break it out of the 1.30 - 1.34(5) range for good. My background is as a ...
EURUSD
- laffin2bank replied Apr 23, 2012
WHAT?! — What on god's green earth makes you think this pair is going up? That investment banker is a moron. European countries do not have monetary sovereignty and thus no ability to conduct fiscal or monetary policies to ease the effects of ...
EURUSD
- laffin2bank replied Apr 16, 2012
repatriation — it's more likely that this move is caused by us-->eu swap line repatriation. the fed is essentially giving dollars or dollar denominated assets to european banks who then need to repatriate, or convert, those assets into Euros, ...
EURUSD
- laffin2bank replied Apr 13, 2012
Must disagree, I just closed short at .50 and got long at .45. 40's should bounce this up to ~.84. I've been burned in this exact situation being short one too many times. It was just 1.3350 a week ago, give it time.
EURUSD
- laffin2bank replied Apr 11, 2012
agree — I think so. We all said yesterday 1.3130 - 1.3150 would be the high. Its roughly ~ the 200EMA/SMA on the 1-4 hour charts, I seriously doubt why anyone would want or need to bid it through right before the European close.
EURUSD