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Exodus commented Mar 12, 2013A new scam? Didn't see this, got a link or search seed I can use? thx
Time to Buy the Pound
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Exodus commented Mar 12, 2013I just closed a long, in profit, for a re-bound scalp.
Can't help believing that Cable will continue to the basement.NIESR estimates of monthly GDP
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Exodus commented Mar 12, 2013Jaygee, you are correct about trade scaling, or using only small positions so that a sudden 150-pip snap does not wipe out your account. I also agree with what you wrote about stops. However people using large trade-leverage (a.k.a. big risk takers) ...
Time to Buy the Pound
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Exodus commented Mar 12, 2013...they are things to use when you feel like a snooze...

Time to Buy the Pound
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Exodus commented Mar 12, 2013Agreed, there is a possibility of a bounce at 1.48 but if we see a daily close below then the next likely number is ~1.44
UK Index of Production, January 2013
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Exodus commented Mar 12, 2013....no prizes for guessing what the NIESR figures will say later.
UK Index of Production, January 2013
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Exodus commented Mar 12, 2013Agreed. We are now back to the April 2010 level. Interestingly their is an inverted H&S pattern on the weekly UJ chart, slightly skewed and with neckline at ~85.0 With Japan's ageing population it will be interesting to see if they can actually ...
Yen under renewed pressure, hits fresh lows
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Exodus commented Mar 11, 2013Well the puff of air shoved price by 100 pips, most people would call that significant. Good trading to you.
ECB Monetary policy decisions
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Exodus commented Mar 10, 2013This is one of Abe's challenges, Japanese industry is struggling.
Japan Jan core machinery orders fall 13.1 pct mth/mth
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Exodus replied Mar 10, 2013Stocks are out into cash at the moment sitting at +16%. I'm waiting for a retracement before getting back in. Recent news about Greece might just provide the entry. The beer fund closed two Yen-short positions at target for +2.4%. That was a long ...
(binned per thread starter's request) The big... IF
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Exodus commented Mar 10, 2013
It went up after the speaking started - I guess Draghi was a bit more positive this time. I'm glad that I didn't predict a direction......ECB Monetary policy decisions
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Exodus commented Mar 8, 2013Why don't you register? It is free - and still anonymous!
Deputy Head of Estonian Central Bank Kaasik says ECB rate cut favored by more than one policy...
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Exodus commented Mar 8, 2013I just read an article about what is fueling the rise in stock markets around the world. More particularly, how long this is likely to persist. It appears there is a guaranteed 12 months of up in the markets because none of the money-printing ...
DoubleLine's Gundlach shifts gears, now buys U.S. bonds
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Exodus commented Mar 8, 2013The big move started with the ECB statements, and the BoJ rate-setting meeting was about 12 hours before that.
EUR/JPY breaks above falling trendline after BoJ and ECB meetings
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Exodus commented Mar 8, 2013The stock market is not an indicator of economic health. The stock market is an indicator of beliefs and hubris, supported by company performance data. The US economy may be weak but it is growing and that is part of the support for the hubris. The ...
Time to take profit ? ‘when’ is often an awkward conundrum in a strong trend
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Exodus commented Mar 8, 2013According to an article on AFP there was actual growth in the last quarter. The number is reported as 0.2% annualised, so on a quarter by quarter basis that would be 0.05%. If one was looking for reasons to be optimistic then you could make ...
Japan Q4 GDP revised to flat q/q, vs -0.1 pct preliminary
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Exodus commented Mar 7, 2013UJ position hit TP already. #2 EJ position came within 5 pips of TP. If ever you need tips on how to place a TP just too high, I'm yer man! edit: now missed by 1.5 pips
USDJPY Hits 95.09 – Highest Since Aug 2009
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Exodus commented Mar 7, 2013What ever he is saying I hope he continues, this is doing my long in EJ the world of good! You just dropped a credibility notch there. Every time Draghi speaks after an ECB meeting (well pretty much) he swings the market around. At these times you ...
ECB Monetary policy decisions