EURUSD

Give him a break Ibb. Ask a question, I think you doth protest too much. Had same problem, communication. Ask a question, he will help. Good guy.

OK, now you made me vertiginous


It was you who told to look at rate differentials in order to judge where price will go

I said, that rate differentials do not work very well because of poor correlation to currency movements. I gave studies for this. All the studies come at least to the conclusion, that the correlation is in the shorter run very bad, and eventually in the longer run somewhat useful

Then you replied that you are trading in the here and now and in the shorter run the correlation is usable

I rebutted with rereading the studies and that the truth is diametral to what you said

Now you say, that correlation exist in the shorter run or so, but that it don't last. Furthermore, you state, that when a correlation is discovered, it is gone not too long later.


With this being said, especially with the last you said:

how can you then recommend to watch at the rate differentials???

the same all over the country. as in mom and pops and its huge.. http://www.latimes.com/business/la-f...212-story.html

as for as a academic sitting on a office goes.
ever see a roofer putting on a roof covered in snow.. besides safety and it being stupid.. some materials cannot be handled in cold weather.. even some pipe like plumbers use are fragile sub freezing (abs). not to mention the glue (abs or pvc).. read a paint can,, see why painting needs warmer weather? not to mention frozen ground can be a bitch to get below..to many things to mention

oh and long beach
What were the consequences of the fight?
Businesses across the country took a hit as the labor dispute and other factors trapped exports on land and imports at sea.
Honda North America Inc. slowed production at factories in Ohio, Indiana and Canada because it couldnt get crucial parts from Japan. A Commerce toy manufacturer said the slowdown led to the layoff of more than 600 seasonal workers in recent weeks.
California citrus growers were also hit hard. Oranges, many bound for Chinese New Year celebrations, sat decaying on ships, at docks and on the ground.

Q&A
Port dispute: What you need to know
http://www.trbimg.com/img-54de1c18/t...02/750/750x422
Pleasure boaters cruise past ships berthed at the Port of Los Angeles in San Pedro on Thursday. (Luis Sinco / Los Angeles Times)
By ANDREW KHOURIcontact the reporter

1. Waterway and Maritime Transportation
2. Business

What happens next, now that the West Coast port labor dispute has been resolved?
Shipping companies and dockworkers have reached a tentative deal on a new five-year contract, staving off a shutdown of 29 ports that would have crippled trade along the West Coast.
The agreement follows months of contentious negotiations and allegations of slowdowns by workers and shift cuts by employers. The dispute all but closed the ports over the long Presidents Day weekend, prompting President Obama to dispatch Labor Secretary Thomas Perez to jump start stalled talks.
http://www.trbimg.com/img-54de1c1b/t...03/550/550x309
Ship tenders steam past ships anchored offshore because of protracted contract negotiations between the longshoremen's union and shippers on Thursday. (Luis Sinco / Los Angeles Times)
The new deal, reached Friday, should start easing severe congestion that's been building for months at the nation's busiest ports, in Los Angeles and Long Beach, along with other major gateways.
How long will it take to clear the backlog?
Both sides have pledged to return the trade gateways to normal. However, trade experts caution the process will be a slow one.
http://www.trbimg.com/img-54dcf12d/t...11/150/150x150
BUSINESS
Ports to stop unloading cargo for four days amid labor dispute
SEE ALL RELATED
8
Port of Los Angeles Executive Director Gene Seroka has said it could take up to three months to clear cargo that piled up during the labor dispute. On Wednesday morning there were 33 cargo ships parked outside the Los Angeles and Long Beach ports waiting to dock, according to the Marine Exchange of Southern California.
The congestion stems in part from issues unrelated to the labor dispute.
Before slowdown accusations surfaced in early November, the Los Angeles and Long Beach ports already were struggling with the worst freight backlog in a decade, in large part because of a truck trailer shortage and the increased use of mammoth container vessels that hold more cargo.
At the Port of Los Angeles, a single ship often carries 14,000 containers. Two years ago, a large ship would have held 8,000 to 10,000 of the steel boxes.
http://www.trbimg.com/img-54d572e4/t...07/300/300x169
West Coast ports facing shutdown in labor dispute
"These terminals were sized, in some cases, decades ago for ships a quarter or a third of the size," said Paul Bingham, a global trade economist with Hackett Associates.
Making matters worse, the larger ships now carry cargo from multiple shipping lines, and the containers often aren't sorted in a way that they can be swiftly moved out of port.
What is in the new agreement?
cComments

1. What do you think about the port strike that's costing not only America billions, but the rest of the world billions more? Please sign and share https://petitions.whitehouse.gov/pet...n-few/7lSqk0Rk
   TIGSHER
   AT 11:52 PM FEBRUARY 26, 2015

ADD A COMMENTSEE ALL COMMENTS
73
The parties havent released specific details. However, in early February the Pacific Maritime Assn., which represents shipping companies, submitted what it called an all-in offer to International Longshore and Warehouse Union negotiatiors.
Employers said the proposal included a roughly 3% wage increase each year, a hike in pensions and continued union jurisdiction over the maintenance of truck trailers.
Since that proposal, talks stalled over a union request to change the process for removing local arbitrators who settle disputes between shipping companies and the union when a contract is in place.
http://www.trbimg.com/img-54793dcb/t...29/300/300x169
Southland would quickly feel economic effects of a port shutdown
According to people familiar with the talks, the union wanted to fire one man in particular: the arbitrator who handled cases in Los Angeles and Long Beach.
The arbitration stalemate broke when the sides agreed to a revamped arbitration system, with a new selection process for arbitrators, Perez said. Union President Robert McEllrath said the new process involves a panel of arbitrators rather than one person.
What were the consequences of the fight?
Businesses across the country took a hit as the labor dispute and other factors trapped exports on land and imports at sea.
Honda North America Inc. slowed production at factories in Ohio, Indiana and Canada because it couldnt get crucial parts from Japan. A Commerce toy manufacturer said the slowdown led to the layoff of more than 600 seasonal workers in recent weeks.
California citrus growers were also hit hard. Oranges, many bound for Chinese New Year celebrations, sat decaying on ships, at docks and on the ground.

thank you for your well researched and time-consuming response.

hold on

You are a funny man, wish you all good weekend.

never have a academic build a house for u. books are not the same as doing.. theres a "week of waiting" in most states. so many knowing they are not laid off, dont apply for u benefits. but are counted as not working, since technically they did not work a particular week. some of that happened last nfp

later

No you should read back to anpost where i wrote there was a "theory"
Interest rate differential or the use of gdp ppp as a means to find out what the real exchange rate will remain as theories.
While people should focus more on immediste impact on data releases etc...

anyways im not gona let anyone affect my mood.
Im just gona focus on making more profit
Next week focus on my open trade on USDJPY

I am fowllowing JPY down ...next week

Euro zone officials shocked by Greece's stance - Germany's FAS paper
Apr 12.

BERLIN: Euro zone officials were shocked at Greece's failure to outline plans for structural reforms at last week's talks in Brussels, a German newspaper on Saturday cited participants as saying, adding the Greek representative behaved like a "taxi driver".

A meeting of deputy finance ministers on Thursday gave Athens a six working day deadline to present revised economic reform plans before euro zone finance ministers meet on April 24 to consider unlocking emergency funding to keep Greece afloat.

Secret plans are being drawn up to kick Greece out of the Eurozone
10 April 2015

Eurozone countries are formulating plans to boot Greece out of the single currency, as expectations grow that Athens may default on its debts next month.


The document, leaked to Finnish paper Helsingin Sanomat, went further:

By tacit approval of the other Eurozone countries a process is started that in effect results in Greece being expelled from the euro.

Euro bank identifies risks in Greece anti-foreclosure law
Saturday 11 April 2015

European Central Bank (ECB) [official website] on Friday released an opinion on Greece's draft law prohibiting the foreclosure of primary residences. Under the draft law, banks are prohibited from auctioning primary residences valued at less than €300,000 (USD $317,580), provided that borrowers meet certain total wealth requirements.

Greece may have blown best hope of debt deal
29 minutes ago

BRUSSELS (Reuters) - Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.

Do you also ask others to copy your trades without questions and SL ?

It's a lost battle. You know it. I know it. Nevertheless worth pursuing I believe. I'm

I know the name of his (not ill_be_backs) system, its a secret but ill let you know. Its: No limits to DD. Its fool proof and its being handled for free at bank entrance.
14 peroid MA is worshiped as the holly line. Analysis is swaped with daily rituals instead.