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  1. O

    Eur/gbp (top)

    That is why at the very least, people should post their trades on collective2 or some other venue to be held accountable. This forum is not suitable for position/call monitoring. Aside from the occaisional scalp, the original thesis (eur/gbp top) was premature by 1000 pips. A discussion...
  2. O

    Eur/gbp (top)

    That's what makes a market :D The only one I am down on is EUR/USD. The others have more than offset those losses. Best of luck.
  3. O

    Eur/gbp (top)

    That's why the play is... Short EUR/USD Short GBP/USD Long EUR/GBP
  4. O

    Eur/gbp (top)

    dhpar is spot on! I have been long this and short gbp/usd for over a month. Unfortunately I am also short eur/usd which hasn't played out yet.
  5. O

    fed willing to buy US Treasuries?

    The Fed has been looking at this for some time now. This excerpt is from the Oct 2001 Fed meeting and you can basically substitute UST for JGB. This is part of the bank bailout plan. Staying with the Japanese markets for a bit on page two, the top panel shows the 5-year Japanese...
  6. O

    How can Nikkei 225 not recover after so many years?

    Because you, me and Uncle Sam are going to back them. With rates going lower in a deflationary environment, spreads will remain wider albeit off a much lower base.
  7. O

    How can Nikkei 225 not recover after so many years?

    Move up the capital structure. Forget equities and buy corporate debt. If not qualified, invest in a mutual fund that accomplishes this.
  8. O

    How can Nikkei 225 not recover after so many years?

    Deflation. The Japanese have done everything within their power over the last few years to mask the growth and inflation they were actually experiencing in order to lower the value of the yen in hopes of exporting their way to stable growth. While the rest of the world's CPI and PPI's were...
  9. O

    Eur/usd looks to go up

    5:1 for the portfolio on average (eur/usd is 1 of 12 positions)
  10. O

    Eur/usd looks to go up

    Short from 1.2675, no stop no time frame, looking for sub 1.20
  11. O

    short EURO:USD

    SELL EURO, THE ECB HAS GOT THEIR HEADS SO FAR UP THEIR ASS IT'S REDICULOUS!!!
  12. O

    Japanese government might intervene in the JPY

    Very good point on many levels.
  13. O

    Japanese government might intervene in the JPY

    All systems, regardless of abilities to perform in multiple market conditions will have periods of underperformance, ergo rule nothing. Euro and Yen are in obvious downtrends with enhanced volatility, really not that hard to grasp conceptually. If you keep getting fooled by what would under...
  14. O

    Japanese government might intervene in the JPY

    All strategies are risky all the time. Even arbitrage. Risk / reward. If your strategy cannot adapt on a dynamic basis to prevailing market conditions it is worthless. Instead of finding that out by taking losses, take the time to identify a strategy that will work in changing market...
  15. O

    Japanese government might intervene in the JPY

    We are in a new paradigm, better get used to it.
  16. O

    Japanese government might intervene in the JPY

    John Maynard Keynes, "The market can stay irrational longer than you can stay solvent."
  17. O

    Japanese government might intervene in the JPY

    Japanese government "might" intervene in the JPY.... It is the most manipulated currency in the world, bar none. Chinese renminbi is a poster child of transparent exchange rates compared to JPY. "All daily return distributions have excess kurtosis relative to the normal distribution...
  18. O

    Does any one think Nat Gas is makiing a base?

    Figures.....as soon as I type the prior message my system reverses. I am now long from 6.95. Hopefully the data will affirm my position.
  19. O

    Does any one think Nat Gas is makiing a base?

    I covered my remaining shorts, thought about going long and then reshorted. (6.88 avg price) Fundamentally we are at an inflection point, so we'll see how the seasonal factors play in with the next 2 data points. I am keeping a tight leash on these shorts though.
  20. O

    Does any one think Nat Gas is makiing a base?

    Need at least 3 more weeks of bullish inventory data to say this is a base, otherwise all bets are off for a bottom.
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