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  • #134,841
  • May 11, 2015 1:34pm May 11, 2015 1:34pm
Quoting sisse
{quote} je je je .... and especially if Merkel were Khaleesi ... sisse
you just made me picture Merkel naked.

MERKEL WAR FACE
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  • #134,842
  • May 11, 2015 2:02pm May 11, 2015 2:02pm
Gawddam, the Bond Villagantes are back! Hide yer daughters!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,843
  • May 11, 2015 2:02pm May 11, 2015 2:02pm
Quoting Shunyi
{quote} Without Greek headline risk, do you still think EU has the leg to test the floor in the near days? I start to have a bit of doubts now, as the support seems to be in place...it seems to be more neutral atm, waiting for the macro number from the week...
Noise from Brussels coming in the next few minutes ...there you will get the "headline" for the media and the rest of the world .... Expecting what we always expect from Brussels, nothing concrete but good advances, blah blah ... we will only extend more loans when Greece implement reforms blah blah blah... and some talking heads "talking tough" to their national media to please the local politicians, blah blah blah ...

For us traders the important issue was already announced, is that Greece paid to the IMF, so no default period....the rest is only a potential knee jerk reaction (I doubt...i am more incline to continue the natural market flow until tomorrow Euro numbers) ....next chapter in the Summer with the same thing, no money, need more loans, no reforms, lots of deadlines for repayments ....blah blah blah

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,844
  • May 11, 2015 2:10pm May 11, 2015 2:10pm
Quoting sisse
...i am more incline to continue the natural market flow
Greece Schmeece, the bond markets are making all the noise, UST 10 and 30-yr rates up 13 bps today, bonds falling down a cliff from a month ago, the Fed is losing control....Save Yourselves!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,845
  • May 11, 2015 2:15pm May 11, 2015 2:15pm
Quoting The Fool
{quote} Greece Schmeece, the bond markets are making all the noise, UST 10 and 30-yr rates up 13 bps today, bonds falling down a cliff from a month ago, the Fed is losing control....Save Yourselves!
...without kidding, I also posted last week the massive early ALERTs !!! on the bond markets. However, is more related to the FED overstaying with rates and the ECB starting to show signs of live (.i.e inflation...) after 4 years in a comatose mode.

Major mid term moves coming across the board...as you well know...when bonds are taking the driver sit ...we better be ready than sorry...

To paraphrase our last conversation: "WINTER is COMING" ... je je je

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,846
  • May 11, 2015 2:26pm May 11, 2015 2:26pm
Quoting sisse
"WINTER is COMING" ... je je je sisse
it'll be ok, Central Bankers will just build bigger bonfires.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,847
  • May 11, 2015 2:26pm May 11, 2015 2:26pm
...and that was pretty much it ...all talking heads on the wires ...A non event. Convergence in the talks with creditors, meetings and more meetings in the next weeks to make a final announcement for the concession, etc etc etc ... the usual nothingness .... now we can finally move in the Euro.

Interesting European session in the making for tomorrow. Tracking 1.118x for the roll for reference for next few sessions....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,848
  • May 11, 2015 2:57pm May 11, 2015 2:57pm
Quoting sisse
...and that was pretty much it ...all talking heads on the wires ...A non event. Convergence in the talks with creditors, meetings and more meetings in the next weeks to make a final announcement for the concession, etc etc etc ... the usual nothingness .... now we can finally move in the Euro. Interesting European session in the making for tomorrow. Tracking 1.118x for the roll for reference for next few sessions.... sisse
Thank you! And yes, very interesting session today. It feels like that EU still has some unfinished business up there...

But with the early alerts, I guess USD strength will be around the corner, so if they need to go higher, they'd better hurry up...:nerd:
  • #134,849
  • May 11, 2015 2:59pm May 11, 2015 2:59pm
Girlfriend just passed her first year of business school, minoring in economics.

Some of you have chosen to learn the fundamental path...I've just chosen to have my better half do it for me.

WHOS LAUGHING NOW
  • #134,850
  • May 11, 2015 3:23pm May 11, 2015 3:23pm
if this is financial depression - what asset class should one buy? stocks. easy like this. not populare on a forex forum, but still the savest way one can do with real money - buy and hold, altough this chart-sample is not actual, that little short-term correction will not show up in long-term charts either:

http://stockcharts.com/freecharts/hi...etindexes.html
fortis fortuna adiuvat
  • #134,851
  • May 11, 2015 3:41pm May 11, 2015 3:41pm
Quoting deltaone
if this is financial depression - what asset class should one buy? stocks. easy like this. not populare on a forex forum, but still the savest way one can do with real money - buy and hold,
yeah, bonds are just too risky....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,852
  • May 11, 2015 3:42pm May 11, 2015 3:42pm
Inserted Video

The Netherlands, Holland, Dutch???? just some fun for the night.
  • #134,853
  • May 11, 2015 3:55pm May 11, 2015 3:55pm
Quoting The Fool
{quote} yeah, bonds are just too risky....
yep, although lord draghila does not want to see a bond bubble yet (bunds with negative interests) - because he/ the buba is the biggest buyer
commodities look relatively cheap on a longer time frame, real estate looks quite expansive to me, gold not a buy atm. so i prefer stocks.
fortis fortuna adiuvat
  • #134,854
  • May 11, 2015 4:05pm May 11, 2015 4:05pm
Quoting deltaone
if this is financial depression - what asset class should one buy? stocks. easy like this. not populare on a forex forum, but still the savest way one can do with real money - buy and hold, altough this chart-sample is not actual, that little short-term correction will not show up in long-term charts either: http://stockcharts.com/freecharts/hi...etindexes.html
Not sure about that in the short term. I am particularly trigger shy in equities until the summer with the obvious exception in case specific stocks. In the best case scenario I see extended wide chop until first Hikes are cleared... mid and long term absolutely agree. The next macro leg and mid term swing leg are the one to ride until the peak of the economic cycle ...

Despite the manic rallies in european equites the last 3 years, the fundamentals hasn't even start to kick in so there is a massive room for a sustainable and extended rally after .... for now quarterly highs are pretty much set in equites in Europe and in the US are about to be set and are just holding on air before withdrawing for the FED/Summer break...

We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,855
  • May 11, 2015 4:20pm May 11, 2015 4:20pm
Quoting sisse
{quote} Not sure about that in the short term. I am particularly trigger shy in equities until the summer with the obvious exception in case specific stocks. In the best case scenario I see extended wide chop until first Hikes are cleared... mid and long term absolutely agree. The next macro leg and mid term swing leg are the one to ride until the peak of the economic cycle ... Despite the manic rallies in european equites the last 3 years, the fundamentals hasn't even start to kick in so there is a massive room for a sustainable and extended rally...
yes, it´s not that clear in the short term - although this situation reminds me on the last big drop in october 2014: growth fears in the us, uncertain about exogenous shocks - and it was a very good point in time to buy blue chips (thats what i did). atm, i´m keeping stocks portfolio unchanged (buying and selling dax etf -200/+200 with open targets at 11.800, 12.000, 12.000, 12.400 - long only)
fortis fortuna adiuvat
  • #134,856
  • May 11, 2015 4:35pm May 11, 2015 4:35pm
Quoting sisse
.... for now quarterly highs are pretty much set in equites in Europe and in the US are about to be set and are just holding on air before withdrawing for the FED/Summer break... We'll see sisse
rising rates into persistent US weakness (or, if not weakness, mediocrity at best) is no recipe for continuing rallies in equities and I bet we will see some good pullbacks into the teeth of the first ffr hike.

Throw in some of the usual themes - Grefault, China slowdown, commodity rout, etc - and things could get really interesting for the bears.

In short, if I were a stock buyer I'd be trying to keep my powder dry...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,857
  • May 12, 2015 1:24am May 12, 2015 1:24am
Quoting sisse
In simple words, the risk of Sterling becoming completely irrelevant in the mid term
http://imgs.xkcd.com/comics/sword_in_the_stone.png
Fail better.
  • #134,858
  • May 12, 2015 3:10am May 12, 2015 3:10am
Weak short hands cleaned in the opening range and with a very light agenda today that was pretty much it. 1.118x confirmed as a flip zone for the rest of the week and now is momentum line to 1.098x. To the other side, the breach back up of 1.120x unlocked a test of 1.128x / 1.130x intraday.

Nothing to see, same levels, same trades, same all...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,859
  • May 12, 2015 4:07am May 12, 2015 4:07am
starting to look for EU short opportunities

USDOLLAR D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #134,860
  • May 12, 2015 4:40am May 12, 2015 4:40am
Quoting USD-Bear
starting to look for EU short opportunities USDOLLAR D1: {image}
Can you explain your estrategy with EU LINKED WITH USDIX? Do you wait for a resistance/Ssupport at USDINX to trade EU?
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