Cool deal, also sank to 72 in 2009 and 74 in 2011. As I said, cyclical. And don't try and pull selectivity crap. Look at 2008.... if you can look at a daily chart and say that was safety you are absolutely delusional. It looks like a freakin VIX ...

Nobel laureate Shiller: U.S. default 'not the end of the world'

Do they really? Even poor folk in rural Bulgaria? What it is, is a false sense of security. The dollar is a hedge, a proxy. You are saying we should hold dollars to comfort us like tech stock in 1999? We do have opinions, unfortunately you think ...

Nobel laureate Shiller: U.S. default 'not the end of the world'

Really? Why? Amen, I'll flip you for it! lol The "default" is actually not the problem imho. Its the fundamental inability of the US to balance its budget both on the spending and revenue sides so that the debt ceiling will continue to be a problem ...

Nobel laureate Shiller: U.S. default 'not the end of the world'

Yea maybe on paper. Too bad markets don't give a damn about paper, just the words, worries and panic. This political nonsense shows the world that the US cannot get their shite together. With a 17 trillion deficit that is founded almost entirely on ...

Nobel laureate Shiller: U.S. default 'not the end of the world'

I don't think it will ever be phased out. The US is still the leading economy and still tops the board in many aspects. There is no real alternative. We can all say gold, but as soon as that is true, it too will become a fiat currency with the ...

RBA Monetary Policy Meeting Minutes

9635 on the 200 EMA I am looking for, potentially .9650. Sorry AUDUSD shorts lol

RBA Monetary Policy Meeting Minutes

Heading to .9528 resistance. Holds up on the daily. If it breaks, looking at another 100 pips higher.

RBA Monetary Policy Meeting Minutes

If someone can actually say this is due to proper economics would be mind boggling. On the brink of potential default and last week's claims reaching 374k that didn't include gov't furloughed workers and S&P hits alltime highs. IMF expects US to ...

Meeting between US President Obama and Congressional leaders postponed

The S&P is inflated garbage

Meeting between US President Obama and Congressional leaders postponed

Look at the charts. The dollar was weak long before the default scenario.

Meet The 17-Year-Old Trader Who Knows Global Macro Markets Like A Veteran

Shite, checked his kid's site and has a interview on CNBC (which is pretty neat). On Sept. 5 2012, he went short on euro due to the ECB. A week later it was 400 pips higher lol. EURUSD has never reached those levels since. Eek.

Meet The 17-Year-Old Trader Who Knows Global Macro Markets Like A Veteran

That's nice he started young. I am sure if "we" all started at 8 than "we" would be seasoned pros. Than again, it doesn't matter your age. Oh, and "breadth" and "depth" are virtually the same meaning as they are measurements of dimension therefore ...

Meet The 17-Year-Old Trader Who Knows Global Macro Markets Like A Veteran

eh, article; but AUDUSD I think was the biggest example of this. One of the reasons why I was so bearish and seen that crap coming. Extend a daily out over a few years, see how many times price was rejected in the 1.0575-600 range.

How to Spot the Polarity Point on Charts to Effectively Trade Trends

I call it a joke, a squeeze, a bit of nonesense

Stocks Collapse After Obama Rejects Republican Proposal

Hey S&P puts up 36 pts on nothing. Hopes and dreams, dreams of hopes... It is getting pretty stupid.

A Tweet About Something That Happened 40 Years Ago Moved Markets Today

Eh, what can you say. Markets love can kicking.

USD/JPY Holds Bullish Bias with Bullish Breakout