- Search Energy EXCH
-
jsspmk replied Mar 17, 2010Feldstein Sees Greece Euro-Exit Pressures as Deficit Plan Fails March 17 (Bloomberg) -- Harvard University Professor Martin Feldstein, who warned almost two decades ago that the euro would prove an “economic liability,” said Greece’s austerity plan ...
EURUSD
-
jsspmk replied Mar 16, 2010nice, so macro & micro are the same now? Market bottoms/reversals are not made by way of rounding bottoms & lame upside.
EURUSD
-
jsspmk replied Mar 16, 2010"President of the Chicago Fed Charles Evans indicated that the reference to low rates for an "extended period" indicated keeping them at the current near-zero level for the next 3-4 meetings (till August-September)" - source FT.com That is a ...
EURUSD
-
jsspmk replied Mar 16, 2010Massive bounce is very unlikely as seen back in late 2008/2009, apart from fundamentals, please have a look at how price is behaving near the moving averages now & then, for big bounces we need to see deep runaway sell offs, that is not present this ...
EURUSD
-
jsspmk replied Mar 16, 2010FT reported today that the more US tries to bully China on their currency the longer they will not do what Americans ask of them.
EURUSD
-
jsspmk replied Mar 15, 2010I don't think daily chart is quite ready to roll over just yet, I could be misjudging it of course. Whatever happens near 1.34 will show us whether the down trend is dead or alive.
EURUSD
-
jsspmk replied Mar 15, 20101. I believe rally will not end here because MMs need to make sure certain options expire worthless, expiration this Friday, so it not unlikely to see EUR advancing rather than falling prior to expiration; 2. Why 1.4? Because it is February high ...
EURUSD
-
jsspmk replied Mar 15, 2010Big question is - will current monthly bar be allowed to close above its open or not? If yes, then current micro bear cycle may be over or postponed, if we close below March open, then new lows on the way in April. TA101 dictates that when in down ...
EURUSD
-
jsspmk replied Mar 15, 2010COTs are reported once weekly, so they only make sense when looked at over a period running an average. When media reports that commercials are long more than short they know that public sees that as bullish, so what's to stop them do the opposite ...
EURUSD
-
jsspmk replied Mar 14, 2010Interesting article, thanks. I do have a lot of respect for Peter. As soon as USD dives, if it does, the following will happen: USD tanks below all time low in after hours... 3.31am Obama calls Chopper & shits down his throat about what just ...
EURUSD
-
jsspmk replied Mar 14, 2010Just to repeat what I have said already, I don't expect much to happen until next week mainly due to options expiration this Friday. I am guessing here by saying that this week EUR will move slightly higher with some range based reduced volatility. ...
EURUSD
-
jsspmk replied Mar 14, 2010Exactly, if we slip into depression then the only real commodity will be a gun, not gold.
EURUSD
-
jsspmk replied Mar 14, 2010You are missing the point I think. It is exactly because there is no stability gold is going up, if everything was hunky dory, then why stack up gold in your basement? No need for that.
EURUSD
-
jsspmk replied Mar 14, 2010A stable environment=stable economy. I don't really care how much they print as long as it serves the right cause - to stabilise our economies. I don't support calls for a reality check, what do you want depression? I don't, my wife doesn't, my ...
EURUSD