EurAnalysis Kindergarten 24 replies
DislikedI dropped my shorts already and I'm now bare naked
I'll wait and see where price goes and if tomorrow morning looks like price starts crawling down I'll kick a new one. Otherwise I'll let robots scalp. Robots homed 1.5% today for existing capital, so I'm not in rush with spots.Ignored
Dislikedwats happenin wid money flow Kno? as I learned frm u, if 10 yr yield down thn ppl r buyin US bonds, mens money into USD n risk off. It would be risk on wid yield UP. now yield is UP and USD is gettin stronger. UJ 84. but risk is not on, or at least its lagging by days with 10 yr yields. May be this relationship of money flow is disturbed by central banks actions. Any thoughtsIgnored
DislikedLet Us Work Through The Formula Then...
You have the understanding that as we have now that the US Bonds are selling off as the Yields go up. That part is clear. Let us ask ourselves where is the Risk On and where is the Risk Off ? The PERCEPTION for the moment is that based on recent US data and the FED'S Public Position is that Risks have been diminished for Inflation and they will HOLD OFF for the moment on more STIMULUS... That means MONEY PRINTING which usually is GOOD for Equities as MONEY flows there and in the PAST the Normal CORRELATION...Ignored
DislikedBe on the alert...
This is a potential inverse H/S formation in the making.
If we do not come close to the low, we will still be in indecision territory.
However, it is worth noting that we are now sitting below the daily pivot of 1.3065 If the current H1 candle closes below the daily pivot, chances are we will not go back above. As usual, time will tell.
DislikedThe more time E/U stays under 1.3080, more sale pressure / order will create on the pair. Next week we may play between 1.27xx -- 1.29xx.Ignored
DislikedMind if I ask which robots are working for you?Ignored
DislikedQuestion of the day. Which way are we headed today?
Being a Friday, which is typically a pre-weekend profit grab, one would expect the equity markets to cash in on some of the gains we've seen across all the major indices
With the E/U pair decoupled from other risk assets, what would a profit taking in the equity indices mean for the E/U? Will the Euro bears be covering their shorts? or will they keep hitting that...Ignored
DislikedNo - I don't mind. The Horn of Plenty interest everybody
Me and my partners are running own developed trading platform enabling several strategies in several accounts. Also it enables several different broker connections - FIX, MT, MBTrading etc. I've worked as a project manager since 2008 in this project and currently I'm making my living on concentrating to trading myself (minor results) and tending platform (better results).
System is quite heavy duty MS SQLServer based system and running online 24/7 and do not fit for home trader....Ignored
DislikedIn freaking Idea... totally puzzled. I shorted and I might get some 70 pips on this but over all - cannot say. This is a turning point up or down.
We are quite close to mid-february lows and there is no good or bad news on a market, unless some Super-Mario Pops up or something. Currently it is all technicals and sentiment.Ignored
DislikedVery good post