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- danegg7 replied Jun 20, 2010
Uhhhh, I was just reading the past few posts and went back to yahoo and saw this story on the front page. url
- danegg7 replied Mar 8, 2010
Oh are you referring to copper jumping 8% after the concepcion earthquake? Well, the four mines were out of electricity for a few hours and incurred no structural damage. The fact that copper jumped like that is irrational, it kind of reminds me of ...
- danegg7 replied Mar 8, 2010
Squarepants here's what I'm seeing in a nutshell fundamentally speaking. U.S. banks aren't lending and won't lend until the system is cleansed from bad debt, thus we won't be importing China's crap as much as we used to, thus traders are averse to ...
- danegg7 replied Jan 17, 2010
Next week? Well I'm short the AUD/JPY. If you look at the daily, it's obvious that that AUD is shakey at these high levels and so I fell that it will break last weeks lows and head into the 70's handle levels next week or the week after.
- danegg7 replied Oct 31, 2007
Never again. This is the new economy, it only goes up!
- danegg7 replied Oct 24, 2007
my new system- use Cable Update (GBPUSD) as contrarian indicator. I actually am short eur/yen... does anyone else think this merrill lynch news could turn into a real nasty unwind? I talking sub 160 on the eur/yen.
- danegg7 replied Sep 25, 2007
I'm short, will add on a break of 114...
- danegg7 replied Aug 15, 2007
I see a major trendline broken at around 116.50, and another major trendline at around 115.90.... I have a feeling if we break the 115.90 there will a lot of panicky sellers.
- danegg7 replied Aug 14, 2007
watch 9920 very closely.
- danegg7 replied Aug 13, 2007
Mike, the ECB which is like the U.S. Fed of Europe has pumped hundreds of billions of dollars into their system. This will cause devaluation in the euro.
- danegg7 replied Aug 11, 2007
I tell you what. If GBP/USD doesn't kiss the 2.12 mark within 3 months, you can put me on that lame hall of fame and I won't post anymore.
- danegg7 replied Aug 11, 2007
I'm long cable. 2.12 is inevitable...
- danegg7 replied Aug 10, 2007
IMO, the fed will move to a neutral position before cutting rates to prevent any panic. Either way, the dollar is going to be hammered.
- danegg7 replied Aug 10, 2007
It has to do with the FED and SUBPRIME worries. little or NOTHING to do with your charts.
- danegg7 replied Aug 10, 2007
Fed is pumping billions into the market and has indicated that it will do whatever it takes to calm the financial markets, hence the US$ is obliterated.
- danegg7 replied Aug 6, 2007
I'm under the impression that if the fed cuts rates or is very dovish than the carry trades will rebound sharply including the us/yen.
- danegg7 replied Jul 27, 2007
wow, swung ANOtHER 200 pip day on the N/U
- danegg7 replied Jul 26, 2007
wow, I caught 130 pips on the N/U today. I can't expect that more than two times a year. I have a sneaking feeling that we have 90 pips more to the downside before the asian session is over. Now everyone can call me crazy...
- danegg7 replied Jul 24, 2007
Well, cable just posted its largest downward 4H candle in weeks. Any significance? We will see in London.
- danegg7 replied Jul 24, 2007
hmmm, I believe regardless of what the news is, the dollar is bent on its descention. [/LEFT]