As the time to MPC Meeting Minutes is slowly ticking I can feel the pressure on GBPUSD. In the last several weeks it had almost parabolic bull run and has reached a previous 29th March high. In my opinion it is time to take some profits and I will…

Practice does not make perfect. Perfect practice makes perfect. Screen time does not build intuition. Perfect screen time does.source: smbtraining.com

If the Fed’s bond buying is keeping interest rates at “artificially” low levels, not everyone wins. Among individuals, spenders are rewarded and savers are punished, a perverse consequence in a nation that already saves too little for the future.s…

We have pointed this out before, but its worth repeating: As Merrill Lynch pointed out earlier this week, “the link between inflation and gold is very limited.” The correlation between Gold and Inflation is not what most people believe it to be. T…

An interesting correlation, but hey there is plenty of them. Maybe this is just another picture and maybe not. Time and price will tell 😉 source: ritholtz.com

QE3 is here as everybody expected. What it means for the upcoming week? Well I would expect EURUSD to range for a few days and slowly return to the magical 1.30 level. The trend is clearly parabolic and I am expecting that this week traders are he…

Everybody is expecting Ben to announce QE3. I will gladly join the party half an hour later after the announcement. As this graph shows in four out of five instances of FEDS meeting, the dollar went down. What is it going to be this time? I would …

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