alcatraz's Blog

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The Donalds greatest Hits

For the folks who didn’t watched that very much greatest, tremendous and superior presscon ever conducted i like to share the highlights of what Mr. President elect Donald Trump got to say:
Cited:
"I am the greatest job creator that god ever made."
"I am the only one who could run Trump business and the country. I could but I won´t."
"Hacking is bad. Russia did it. I think now they won´t do it again."
"The DNC got hacked...that´s why the country is what it is (or bad shape)"
"Your organisa…
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Summer and old skool

Who does not love summertime? I certainly do.
With all this madness going on in the world, i got my personal way to agree to this life positive everyday.
That could mean i enjoy the day (without trading), riding a bicycle, reading a good book, talk to best friends or remember what we danced to in the good ole house times. Today i stumbled upon this tune from 2004. I wonder if someone remembers dj tonka or any other kind of "shake it baby" funky house tunes.
This track was one of the finest vinyl…
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Something about Greece and Europe

No thats not a real "something", thats a pure mess of information and disinformation. I dont know what the real settlement will look like but for real, whats more to talk about this topic?
Some traders i know personally are still scratching thier heads concerning market movements those days and if you opened up your chart tonight, the powerful gap south in fiber does speak its own language after BBG´s report on broken up talks between the greek delegation and creditors: …
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From Zero to Zero

Phew what a messy Month,
First i ve lost 80k due to some unfortunate positions and on the last day, i nulled my account again so no loss. Sometimes its funny to see how its possible to trade one self out of the mess.
i think its a big psychological case to not give up and do what is needed to be done. See you next month folks.
Happy Weekend.

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Persistence is the key to success


A little laugh with some important wisdom behind it........
Happy Sunday @all....
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It´s FED Day - Whats the current outlook

Today at 19:00 GMT the well known FOMC minutes take place. Afaik there will be no press conference or additional forecasts so lets take possible actions or shifts by the numbers.
Reported dureable goods order fell by -3.4% vs. 0.5% expected m/m. A prior report was revised to -2.1% from -0.7% which is now the fifth consequtive month of more flat or negative readings.
If we dig down the available data the numbers start getting worse.
The Q4 GDP gets marked down a few ticks. Perhaps the most negati…
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DumbAsArock avatar

Thanks for the compliment. To answer your question, yes, I've been to Aruba. Tip: avoid the casinos there. They are the crookedest ones I've ever seen!

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SNB ends Cap... made 1600 Pips in seconds....


Ahhh, what a nice 1600 Pip trade. Wished i had more money to pile in.
For those who dont know. The SNB ended the cap right today so its going back to free float. Hope nobody was burned.
Take care
AL
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Albertoplatto avatar

Nice one

Agnessa26 avatar
Agnessa26 16 Jan.

Хорошая работа!

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Todays NFP conclusion

Today the U.S. NFP data were somewhat of a little surpise concerning the moves which are not typical. I like to write something about how a trader should face this specific event if somebody of you like to trade it.
The average consensus of 240k was beaten by 252k for december. However there are some factors which may get one into a cold start of the new year:
Wages: Right with the job count values, one should note about wages. The average hourly earnings (YoY) went down by 0.4% to 1.7%. This va…
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verindur avatar
verindur 10 Jan.

Of course not. You are so smart. ))))))) And you are always right.

alcatraz avatar
alcatraz 10 Jan.

Hello Verindur. If i d be always right, i would be rich. ;) Thanks for the kind words. Greetings to India and wishing you tons of pips.

verindur avatar
verindur 10 Jan.

Thank You. ))))))) Don't worry. We are growing rich together.

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About the swiss gold referendum...

A little note from me today after the month end flows which were hopefully successful for all of you.
This week on Sunday, the Switzerland gold referendum will be eyed most in the forex world.
Why is this referendum so much important and how may it affect the markets?
We got to see first what is this all about:
1. Referendum will enforce the SNB to hold all gold reserves in the country.
2. Gold reserves should not fall below 20 %.
3. The referendum will enforce SNB to not sell gold.
If th…
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About the swiss gold referendum and what to watch out

A little note from me today after the month end flows which were hopefully successful for all of you.
This week on Sunday, the Switzerland gold referendum will be eyed most in the forex world.
Why is this referendum so much important and how may it affect the markets?
We got to see first what is this all about:
1. Referendum will enforce the SNB to hold all gold reserves in the country.
2. Gold reserves should not fall below 20 %.
3. The referendum will enforce SNB to not sell gold.
If th…
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