PVSRA
PVSRA+TLs M5-H1 Forward Test All Time Return:
36.1%
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
Disliked. However a Lehman run on panic will kill have collateral damage as it will pretty much kill FED hikes this year. sisseIgnored
DislikedDB in free fall today and we gap down ticking as low as $9.xx ...the bounce during the session have the textbook elements of a capitulation move rather that bargain buying... Awfully bearish and for those familiar with trading stocks this look like a "kaput" leg. For those who remember Bear Stearns and Lehman moves this one look very similar ... Markets and especially Euro will have a very hard time to attract fresh buyers if we loose the floor with NY....until then there is very thin air holding the 1.11 handle ... sisseIgnored
Disliked{quote} Sisse, as my knowledge of banking system is not that good. Is there any way to predict the impact lets say if DB goes down the drain? As BIS calls it the most systematically dangerous bank - I mean It can endanger the whole eurozone itself via Italian banks and we may be very very soon (days) away from a major risk-off event. For us traders we know how to act in risk-off situations. But more broadly - is it exaggerating when you account the situation as a possible major risk for (existence of??) eurozone?Ignored
Disliked{quote} Well DB is in the category of 'too big too fail' and its on the selected group of global financial institutions ...meaning the impact of a catahvhope there is major worldwide ...this is not the average cooperative mom-and-pop regional bank in Sicily.... Obviously a massive blow out of control (not expected as we not in the happy 2007 where nobody was paying attention) will cause major collateral damage everywhere. First on the fragile banking sector in the the EZ but it will expand in minutes across the continent and in no time across the...Ignored
Disliked{quote} Well DB is in the category of 'too big too fail' and its on the selected group of global financial institutions ...meaning the impact of a catahvhope there is major worldwide ...this is not the average cooperative mom-and-pop regional bank in Sicily.... Obviously a massive blow out of control (not expected as we not in the happy 2007 where nobody was paying attention) will cause major collateral damage everywhere. First on the fragile banking sector in the the EZ but it will expand in minutes across the continent and in no time across the...Ignored
Disliked{quote} perfect, will never stop admiring your sense for proportional and rational evaluation nothing to add on DB from my side (as expected ) well see what NY bringsIgnored
Disliked...here we go for NY. Eyes on Euro 1.117x as only level in play for the M roll. Watch-out for v shady markets after the European closing especially with Germany on long weekend bank holiday. Expecting clearing and reshuffling of portfolios before NFP... sisseIgnored
DislikedV. Slightly better reports from the US and we are set for a key European close. On the DB front, SNB on the markets this morning ...and we know what it means when the hyperactive and very inefficient SNB is intervening in the markets .... risk was real ...still all eyes on Germany and DB until the close sisseIgnored
Disliked{quote} I really didn't get that ... Can you please explain ....Ignored
Disliked{quote} I really didn't get that ... Can you please explain ....Ignored
DislikedBig banks saving the day ...or not !! , talking about settling an agreement with DB concerning the US fine . Just in time for DB shares to rally , smells fishy ...so who has been long on those shares after they plunged on hedge funds withdrawing excess cash rumours ! Talk about rigging markets ...Ignored
Disliked{quote} sisse @ primejarvis You are way too close to the market. You are getting lost in translation because you are tracking a micro chop zone, thats why you are going nuts, getting confuse and frustrate....step away a mile or two from the charts you are tracking in the Euro...Ignored