Recent content by Needless Promo

The Dollar - Yuan is self stabilising, I don't think China has anything to worry about if reserves drop below $1T because by that point the US financial system would be drowning. Of course, that means that the US has something to worry about if China liquidate another $2T in reserves.

Trump being victor gives the Fed additional room for expanding monetary policy with lower risk. There are "things" that can be "gotten away with" with Trump as president that wouldn't fly under Hillary. It might be best if the Fed stabilises at 1.5% and sits tight in the face of a severe bear...

Socio-economic conflict is the reason for homelessness. This issue is beyond monetary policy.

I think the Trump effect will actually turn out to be extremely bullish for the S&P 500 from now until Q1 next year. People underestimate how foreign confidence based on political factors effects stock markets. I think that the pre-election sell-off was based on the expectations of a Hillary...

The Trump victory is a more bullish catalyst for the US Dollar than the probable rate hike in December. His economic plan will add buoyancy to the US financial system. The Ruble will probably continue to trade in strong correlation to the US Dollar because it maintains a high benchmark rate. I...

Putting in $100,000 short the Pound - Dollar the week before Brexit on 10X leverage and then multiplying that to 100X leverage the day after Brexit would have brought in over $2,000,000 within 6 months. The Hryvna, Ruble and Euro collapse, these were all no-brainers.

Usually my issue is that I'm too far ahead of the curve and I predict gigantic trends months in advance, my mistake is being impatient and letting my confidence deteriorate. My other mistakes are usually taking risks on picks that I'm not very confident in the first place. I'd be better off...

Doesn't feel like sleeping on the beach for me, it feels more like a workout to me. But that's because I like to rush through the 25+ charts and get everything done in an hour. I'm not a day-trader and many times there's no action that I have confidence trading. I love taking advantage of...

Don't be greedy. - Me Minimize risk, manage exposure and stay on your toes. - Me

I've been short on forex picks these days. I aim for the near immediate response, sometimes picks like those are hard to come across. I'm shy to short the Yen below support and shy to buy the USD so high up and shy to buy the Euro in general. That doesn't leave me with many choices.

That reminds me, I'm hungry for some Chipotle right now.

Bearish Yen. Now that Trump won the way to go for the next 1-3 weeks looks like GBPUSD buy though. Nikkei got crushed on Trump victory though, I would count that as a pervasive bearish signal on Nikkei. How will the JPY fare against conservative US? I think bearish.

Out of the money. It paid off on my election gambit. Coin toss odds, bet Trump wins. If Trump wins, gold goes up, NASDAQ goes down. It worked out. Next thing is the GBPUSD.

Buy GBPUSD sell USDMXN with a 1-4 week outlook, take profits within 2%. Any questions?