Sure, we'll start pumping oil to China through the Calgary-Beijing pipeline. The Chinese get their oil from Russia. Anyway, if US demand drops...
US recession = reduced demand for commodities = fall in commodity prides and reduced commodity imports = improved trade balance with Canada =...
I am still hanging in, but considering hedging my big negative exposure to CAD by shorting EURCAD and GBPCAD, both of which have lots of room to...
Interest is nice, but I prefer a balanced portfolio. At the moment I have a large pile riding on the USDCAD recovery, and I'm ofsetting the risk...
absolutely agree with Ivanovich on patience. I reviewed 1 year's worth of trading records and found that less than 1% of my trades would not have...
Ya blagodariu Vas, Ivanovich, you will never be a successful trader if you can't follow a logical argument. My point was not that earthquakes are...
Rational thinking is often wrong. Miss one fact, leave one variable out of the equation, get one proposition of the syllogism wrong, and the...
Yeah, well. (1) if "Weakness in the US dollar" and "M&A" activities are a factor, then why has the loonie gone up even more against EUR and GBP...
Yeah, well that's the trouble with dealing in exotics, innit? Low liquidity, high spreads, and who the hell knows anything about the Turkish...
They are not by definition random. Punch me in the face and I'll get mad at you. Nothing random about it. Herd sees a pack of wolves, it...
We may be talking different concepts of rationality here. Everything has reasons. Some of the reasons are emotional, hence "irrational". A lot...
The market is never irrational - it's just that we can't always understand its reasons. All trading is based, in one way or another, on the...
I bought my longs at 1020, so I'm still up and hanging in there. I'm down to up only 4% on the month, was up 13% at one point. But then all my...
IB doesn't do NZD. But for an indication of what the spread will be like for NZDJPY if/when it does come onstream, consider USDSEK (28-34...
True, but crosses are always wider. They quote most majors in half-pips now, and the spread is usually 1 or 2 pips. I expect NZDJPY will be more...
yeah, i missed the top too. Actually made quite a mess of the day - went short at 1152, regretted it when it started going up again and went...
I went long at 1.1020, a big bundle, and I'm having a good time. Have set a target of 1.1300, when we get close I may set a stop at around 1250...
From www.census.gov, for Jan-Feb 2007: Imports of Total energy-related petroleum products $39 bln of which Crude oil $29.5 bln of which $5.3 bln...
I am neutral re fed rate because I manage my positions so I have a 0 balance in my USD account. If the loonie drops, EUR and GBP will zoom. (I'm...
Oh yeah, he's fine with the rate. So's the Fed. So what's changed since February? There's a 1% difference, which should create a small carry...
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