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- moneymike commented Oct 26, 2011
Wait amd see how the market reacts. I'd Rather be late and miss out of a few pips than early and wrong.
EU official: Banks to take 50pct cut on Greek debt
- moneymike commented Aug 8, 2011
But The S&P Creditably and timing should be questioned, The Us has had huge Budget and trade deficits for decades why now why months before an election, Also the cuts they were seeking were dangerous $4 trillion in spending cuts and taxes would ...
S&P Seen Surrendering to Tea Party Costing U.S. Taxpayer
- moneymike commented Jul 5, 2011
On april 28 2004 the sec held a meeting to allow the Big Banks to increase their leverage on their derivative. Alan granspan former head of the Fed Objected to regulating the Bank even as they were caught with their pants down giving internet stock ...
Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15
- moneymike commented Jun 2, 2011
These Rating agencies Are the Very same ones That allowed the banks to make money off of Bad debts Why should we trust them and their Ratings.
Moody's may place US rating under review for downgrade
- moneymike commented Jun 2, 2011
And a Good example would Be just a few second ago There's No news release And the Market just Jump and i netted me 50 pips
EURO Best of a Bad Lot
- moneymike commented Jun 2, 2011
No offense piptrapper But to say that a market Moves strictly on fundamentals, is a asinine comments Ive been trading for 3 Years and i Have respect for Fundamental Traders but at the same time i have Respect for Technical Traders as well. Just last ...
EURO Best of a Bad Lot
- moneymike commented May 28, 2011
@Alexgee thanks for correcting me on risk on risk off. the Euro is a Doomed ship but when you pit it against the Us Dollar. it looks More enticing. Now Fundamentally Euro is Stronger, Due to a Higher Interest rate investor will Flock to it instead. ...
Wow, That Was Quick
- moneymike commented May 27, 2011
My take is risk aversion, when risk is on usually people flock to safe havens. The Biggest safe haven is the Swiss Franc, Usd/Chf and Eur/Usd are correlated if the Usd/Chf goes down due to a strong Franc the Eur/usd Goes up. Just my take Also the ...
Wow, That Was Quick
- moneymike commented May 12, 2011
I Must thank him, I took profits too early and was waiting for a Good retracement to re-enter In.
Euro extends gains over Dollar after hawkish ECB comments
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