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- pippiphooray commented Mar 27, 2015
One must have an understanding of what is said by the primary central bankers of the world. Yes, we do trade our charts, but fundamental understanding of fundamental analysis does have its place. We could never have predicted the comments that ...
Talkin' and Yellen: Understanding the Fed
- pippiphooray commented Mar 25, 2015
Well, pennant long since broken. Was not a good idea to agree with myself on the short term! 1.10 seems to have a pretty good near term top on the market. Time to bleed off some volume while in consolidation mode. I am currently in a bit of a ...
Taking a step back from the fray
- pippiphooray commented Mar 23, 2015
Here we are sniffing out the former highs...Good call last week!
Taking a step back from the fray
- pippiphooray commented Mar 23, 2015
It would be tough to argue with the fact that crappy economic times brings dictatorships. People just don't go for that radical of a change when economic times are good. Keep printing, I guess...
German anger towards Greece mounts over bailout as Tsipras meets Merkel
- pippiphooray commented Mar 22, 2015
Few items... "if my son kept coming to me for money to get himself out of trouble..." Comment. Greece is not the son of Germany, nor of Europe, but this whole bailing out process has been likened to this for quite some time. Perhaps, much like that ...
German anger towards Greece mounts over bailout as Tsipras meets Merkel
- pippiphooray commented Mar 22, 2015
Which, I am guessing, actually means, "approximately 72 hrs". That country is in one tough bind, regardless of how they got there.
Greece to remain liquid until April 8
- pippiphooray commented Mar 20, 2015
PA, that is of course the issue at hand. What is the "appropriate" value to get in. This holds true from the short side e/u, or just being short usd in general. Picking exact tops (bottoms) is just not an exact process. And if you are able to pick ...
Taking a step back from the fray
- pippiphooray commented Mar 20, 2015
I am more of the impression to sell into this rally we are seeing in e/u. We are currently looking at a pennant formation, staring to come together, on a daily. This is usually a pretty tough place to operate in, with many traders getting ...
Taking a step back from the fray
- pippiphooray commented Mar 18, 2015
I did do some selling around the 2nd resistance. I then watched as the pair went right to the 3rd in very short order. I didn't get the chance to have a heart attack before e/u settled back down. Phew! Patience, it's all about patience.
Fed Drops ‘Patient’ Stance, Opening Door to June Rate Increase
- pippiphooray commented Mar 18, 2015
near term priced in...If you believe in the strength of the dollar, this is a really good opportunity for you!
Fed Drops ‘Patient’ Stance, Opening Door to June Rate Increase
- pippiphooray commented Mar 10, 2015
Nice slide show, but I don't see shit regarding GS, and Greece being full of it regarding the balance sheet provided to enter into the EU in the first place...Just stating what we all know.
How the 1970s oil price shocks got Greece into this mess
- pippiphooray commented Feb 24, 2015
I have been trying to throw together something witty using Europa- the moon of Jupiter, Europa- the etymology of Europe, Europa- the window portrait on the €20. I have not been successful in connecting the dots.
Draghi: Unveiling of the new €20 banknote
- pippiphooray commented Feb 17, 2015
They wont be "out of money" until Feb 28. It s not in their interest to acquiesce now. Further, Mr. Game Theory (Yanis Varoufakis) does not strike me as a a person who will not negotiate until the final hour.
Greece intends to ask for extension of loan agreement tomorrow - source - RTRS
- pippiphooray commented Feb 16, 2015
Initiated small e/j position this late morning (cst USA). Talking 10% of normal leverage.
Eurogroup Meeting Over - Talks Have Broken Down; Risk Slides After Greece Says "Won't Take Orders...
- pippiphooray commented Feb 9, 2015
...and I will add this. Let's just say if I had a pending order in eur/chf resting down at, say .9700, on Jan 15th...And I was filled during the sell off. Would have Saxo broken that trade, meaning not allowed me to be long from .9700, and in the ...
Saxo Bank takes hard line on customers' FX losses
- pippiphooray commented Feb 9, 2015
When people shouted orders to one another across a pit, there were times when the trades did not match. Quantity, price, time stamp, etc were incorrect. Clerks would meet, in the morning to settle out-trades between traders. If there ever was a time ...
Saxo Bank takes hard line on customers' FX losses
- pippiphooray commented Jan 29, 2015
I remember seeing an article that stated the SNB "thought 1.10 EUR/CHF would be an appropriate exchange rate...
Swiss franc continues slide amid intervention speculation
- pippiphooray commented Jan 25, 2015
SNB fiasco definitely gave the NFA a green light to flex their muscle. I am a fan of regulation, to protect investors, if a manager is working the money for a client. I will state that there are plenty of retail investors who fully understand the ...
Additional increases in required minimum security deposit for forex transactions