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Pip Anon commented Feb 26, 2013When markets refuse to retract due the over bullishness of whomever the market is in trouble. I did a piece two weeks ago. Three times the S&P hit 1530 (2000, 2007, 2013) and each time it retracted seriously. The longer above these key levels, the ...
Hedge Funds Have Never Been More Bullish Stocks (And Bearish Gold)
- Pip Anon commented Feb 26, 2013
Eh, take these writers at face value. The vast majority are not traders or educated in a financial or economic discipline.
Gold’s death cross is no reason to feel grim
- Pip Anon replied Feb 26, 2013
eek Still short EURUSD, 1st target 1.3, 2nd 1.2965; Yen future vol just doubled.
EURUSD
- Pip Anon commented Feb 26, 2013
That's called a market top. 1987, 2000, 2007 ring a bell?
Hedge Funds Have Never Been More Bullish Stocks (And Bearish Gold)
- Pip Anon replied Feb 26, 2013
I don't blame you. Historical vol. on EURJPY is over 18%. Didn't want to sound snooty, but I just find the cross analyzing dollar and yen index quite beneficial to trading according pairs.
EURUSD
- Pip Anon replied Feb 26, 2013
Just follow the Yen futures index. It's basically a crystal ball
EURUSD
- Pip Anon replied Feb 25, 2013
For sure. It's holding tight here, but Daily S1 on my chart is 1.2965. I think Ben and new home sales can drive it down there!
EURUSD
- Pip Anon replied Feb 25, 2013
AH, I'd love to go to Japan. Heard it is insanely crazy! I was that way with the euro
EURUSD
- Pip Anon replied Feb 25, 2013
By all means I'm out of my long lol, but has the heavy printing even begun or is this just hearsay. We know what Abe wants, but didn't they postpone it to 2014?
EURUSD
- Pip Anon replied Feb 25, 2013
Well yes. What I meant is, Yen has gained 3% in 1.5 sessions. Dollar reached monthly highs today, remaining stable. (i.e. more falling). And really, from what I hear Italians in general are promiscuous. At least US politicians mix it up with escorts ...
EURUSD
- Pip Anon replied Feb 25, 2013
You can make a good living off of politicians. Japan 10-Y lowest rate since 2003. Can further EURJPY
EURUSD
- Pip Anon replied Feb 25, 2013
lol no problem
no worries. It'll get tired. Futures were heading negative. Benny in the AM: either the bleeding continues or gets patched up a little.EURUSD
EURO 1.2965- Pip Anon replied Feb 25, 2013
Japan 10-Y falls to lowest rate since 2003. May not be done with the selling lol EDIT: Short EURJPY 120.36, EURUSD 1.3062; Shifting momentum in futures. Another .5% on yen, dollar steady up .2%
EURUSD