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  • Euro Shorts: Worse Early Then Never?  [View instapost]
    Once again, right on Jay. But the short position is starting to make sense at least to the major banks.The early entry is also backed by an old trading philosophy, and that is that its better to secure a seat on the train than to seek the perfect seat.All these years of Bens easing , and Eur/Usd cavorting have been hard on that philosophy
    Especially when you consider the damage done from this very level 133, 134 , 135 short , as the Euro breaks up to 140, 142, 145
    Sep 28, 2013. 10:15 PM | Likes Like |Link to Comment
  • Why So Many People Have A Bear Market Mindset In A Bull Market  [View instapost]
    greetings Jay, i must say that i , FOR ONE ENJOYED UR ARTICLE,but then i must admit i can relate to it, since im an ole -timer, most of the guys reading it werent even born in 1986,so forgive the lack of interest , patience, and mainly respect coming from the youth, indeed my own sons would probably react the same , its a generational issue , and attitude ,and moreover its the same market, but withexponentially more players all wanting to succeed, but statistically, not going to.
    Apr 26, 2013. 07:25 PM | Likes Like |Link to Comment
  • Euro Tremors Send Message: Diversify Currencies And Add Precious Metals  [View article]
    Youve done a lot of homework, question is , there must be some kindof way out of here , said the joker to the thief., you point out the truth but not the solution.Or is there no solution?
    Mar 30, 2013. 01:48 PM | Likes Like |Link to Comment
  • The End Game For The Euro Rally Is Here  [View article]
    Ok , Ok, but gold is reaching its bottom , and the NFP might remind the fed of the need for stimulus, and they do continue to ease, and a return to yen weakness in the next 2 months would tend to accompany at least a euro bounce.How far to the upside , is hard to call......Do you think the usd + hand in hand with dow+ will continue
    Jay ?
    Mar 2, 2013. 12:14 PM | Likes Like |Link to Comment
  • The End Game For The Euro Rally  [View article]
    Christmas greetings Jay!, meanwhile , i agree with buying euro , as for that matter silver and gold , but were at odds trying to find the correct entry , especially with the fiscal cliff pantomime, so ill ask anyway ... hoping that you wont consider my question either premature or picayune....Whats the optimal short-term euro entry point long ,, right from here at 13180? or better wait support at 13143 or better wait real demand at 13020... or expect a bottom at 13090 ?
    Dec 22, 2012. 10:54 AM | Likes Like |Link to Comment
  • The Myth Of A Big Dollar Rally  [View article]
    USD is definitely on a sideways at best trend , and that is definitely agreed on by the govt., how else could we find ourselves at 81 yen to the dollar when , not so long ago we were over 100+.Now the usd /jpy is picking up steam though, at least on the charts , and Im not quite sure how you view the upside there from now till end of year, especially with the apparently weak yen ... or is all a mirage , a facade, of fragile nature , which can easily be shattered by one rapid mid east scandal and a run to the safe haven....
    Nov 18, 2012. 11:36 AM | Likes Like |Link to Comment
  • Yen Topped, Finally  [View article]
    what sort of parameters on GBP JPY? Can we expect 1.30?
    Obviously a turning yen has huge possibilities....
    Oct 21, 2012. 12:30 PM | Likes Like |Link to Comment
  • The Coming Shift In Market Leadership  [View article]
    OK, I like your report, would like to add that a few years ago when gold was at 926$ most analysts predicted a return to 600range, why i asked then .. and why i ask now .They were afraid then that the euro would come crashing down , and it did, they feared the stock market would also crash and it had a big pull,but the fear in gold and silver doesnt seem to be there , even despite the recent pullback,so perhaps gold will continue on its journey, atrip which pays off to long term position traders who are simply convinced of their destination.
    Oct 21, 2012. 11:45 AM | 1 Like Like |Link to Comment
  • Mid-Week Forex Forecast For October 11th, 2012  [View article]
    Hi Jay, Well we had 2 factors in play in the last asian session,first was the S&P Spanish Downgrade , which set off an orderly short on the euroand generally set a negative tone , which affected even the aussie which was hovering at 10214,also beat back the yen pairs in early asian , GBPJPY 12480,and the second was the AU employment data , which literally turned market sentiment around.Admittedly . the aussiie was the vanguard ,while gbp and euro lagged ,but in the end all the risk buddies got on the road, especially gbpjpy, which did no less than 130pips.
    S o it seems the separation between euro -aussie was mainly one of time , about 2 hrs until the euro buyers got the message.
    Or do you believe the forex psychology theory that a dwngrade pushes a bailout?
    Oct 11, 2012. 06:30 PM | Likes Like |Link to Comment
  • Weekly Forex Forecast For Oct. 8, 2012  [View article]
    Thx for explaining why my aussie trades got nailed at end of week , despite having bounced nicely from 10185 at midweek , but the gbps pull back on friday was quite dramatic and vis a vis the euro and with no respite. Can u comment on that ?
    Oct 7, 2012. 08:37 AM | Likes Like |Link to Comment
  • Climate Change And Forex Trends  [View instapost]
    Outcome :Hunger in the US. Courageous of you to point it out. What would you suggest we /they do?Save water instead of dollars ?
    Sep 24, 2012. 06:29 PM | Likes Like |Link to Comment
  • Commodity Currencies Already Reverse QE3 Gains  [View article]
    Hi Doc, whats ur view on the euro and the gbp?
    Today it seems the hedge funds are unloading the euro , perhaps because theyre afraid of carrying it any longer ,and with the dow also pulling back , would you agree the rally is losing its legs ?
    Sep 18, 2012. 02:26 PM | Likes Like |Link to Comment
  • Euro's Alpha Position Points To Coming Market Weakness  [View article]
    Hi Jay , Looks like your theory started playing out today !Euro getting flogged by the funds .Demand down!
    Untradeable though.
    Sep 18, 2012. 01:23 PM | Likes Like |Link to Comment
  • Have Current Keynesian Policies Changed How Markets Move?   [View instapost]
    I must point out that your quote of Alfred Lord Tennysons famous poem : The Charge of The Light Brigade: Ours is not to reason why , Ours is but to do ( or ) die , your historical quote is wrong by one word . The actual poem read : Ours is but to do AND die.The commanding officer of the charge was later proved to have blundered the order to advance blindly into cannon fire.As Rudyard Kipling wrote later
    Thre were 30 mln. English who talked of Englands might,
    Thre were 20 broken troopers who lacked a bed fr the night,
    We think someone has blundered, and cdnt you tell them how ?
    You wrote we were heroes once sir, cdnt you tell them were starving now ?
    Sep 15, 2012. 01:46 PM | Likes Like |Link to Comment
  • Have Current Keynesian Policies Changed How Markets Move?   [View instapost]
    oohh, I just remind the experience in FEB., when the euro ran to 13480 without significant retracement, but will wait for reversal, at least we are at daily and weekly overbot,which cd lead us bk to oversold at 12730ish, action =equal and opposite reaction,but a continuation to 618 res on monthly leads us to 138 area.Last weeks QE or not QE, turns into this weeks Fade or not to Fade.
    Sep 15, 2012. 12:17 PM | Likes Like |Link to Comment