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  • 25 Banks Said To Fail European Stress Test, 10 In Talks On Capital Shortfall

    From zerohedge.com

    With the results of Europe's annual AQR, aka Stress Test, due out on Sunday, most had been expecting that despite some rhetoric that various brand name banks may fail, that it would be largely more of the usual: puff. That, however, may not be the case, and as Bloomberg just reported, a whopping 25 banks are set to fail the stress test, compared to 105 which are set to pass. As Bloomberg notes: 105 banks passed the test, draft document shows Number of banks that would have shortfall even after capital-raising to Sept. 30, 2014, is the subject of ongoing talks, a person with knowledge of the matter says Negotations ... (full story)

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  • Post #1
  • Quote
  • Oct 24, 2014 8:44am Oct 24, 2014 8:44am
  •  forexings
  • Joined Sep 2009 | Status: Membership Revokеd | 609 Comments
Freaking old news.
WTF zerohedge? Are you in loss or trying to move the market in your favor?
  • Post #2
  • Quote
  • Oct 24, 2014 8:45am Oct 24, 2014 8:45am
  •  Guest
  • | IP XX.XX.182.200
that shovelled the ftse and dow futures!
  • Post #3
  • Quote
  • Oct 24, 2014 8:45am Oct 24, 2014 8:45am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,444 Comments
This is why I don't trade on fridays anymore.
  • Post #4
  • Quote
  • Oct 24, 2014 8:46am Oct 24, 2014 8:46am
  •  Vachus
  • | Membership Revoked | Joined Jul 2012 | 57 Comments
Quoting forexings
Disliked
Freaking old news
Ignored
It seems zero hedge are in the business of fabricating Junk news
  • Post #5
  • Quote
  • Oct 24, 2014 8:46am Oct 24, 2014 8:46am
  •  yunyoungro
  • | Joined Mar 2014 | Status: Member | 263 Comments
eurusd long???
  • Post #6
  • Quote
  • Oct 24, 2014 8:49am Oct 24, 2014 8:49am
  •  Manudatinh
  • | Joined Nov 2008 | Status: Member | 389 Comments
Quoting yunyoungro
Disliked
eurusd long???
Ignored
1.295 to complete correction. LOL!
  • Post #7
  • Quote
  • Oct 24, 2014 8:49am Oct 24, 2014 8:49am
  •  Pipaddiction
  • | Joined Oct 2012 | Status: Member | 96 Comments
Short all the way.
  • Post #8
  • Quote
  • Oct 24, 2014 8:50am Oct 24, 2014 8:50am
  •  jmflukeiii
  • Joined Oct 2011 | Status: Member | 4 Comments
At least we got some movement...
  • Post #9
  • Quote
  • Oct 24, 2014 8:51am Oct 24, 2014 8:51am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,444 Comments
Quoting Pipaddiction
Disliked
Short all the way.
Ignored
No way, we will go up next week.
  • Post #10
  • Quote
  • Oct 24, 2014 8:53am Oct 24, 2014 8:53am
  •  Egypt-FX
  • | Joined Feb 2012 | Status: Member | 8 Comments
it went down then went up as it's old news then it will back to go down for tech reasons ,see the uptrend retest on 1H frame ( resistance )>>>>
  • Post #11
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  • Oct 24, 2014 9:09am Oct 24, 2014 9:09am
  •  ArvONs
  • | Joined Jan 2013 | Status: Member | 42 Comments
That was fart
  • Post #12
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  • Oct 24, 2014 10:39am Oct 24, 2014 10:39am
  •  Guest
  • | IP XX.XX.182.200
old news? when stock indices on three continents are rattled simultaneously, that's no coincidence. nice one zh.

http://www.forexfactory.com/news.php?do=news&id=510095
  • Post #13
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  • Oct 24, 2014 1:23pm Oct 24, 2014 1:23pm
  •  frx_trader
  • Joined Jun 2012 | Status: Analyst | 3,129 Comments
Quoting OnlineAddict
Disliked
No way, we will go up next week.
Ignored
With or without news, one will short, another will long. One buy, another sell. It always happens like that.

So no need to argue abt news.
  • Post #14
  • Quote
  • Oct 24, 2014 3:46pm Oct 24, 2014 3:46pm
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,444 Comments
Quoting frx_trader
Disliked
With or without news, one will short, another will long. One buy, another sell. It always happens like that.

So no need to argue abt news.
Ignored
I don't really care for the news...I will buy the dips next week.
  • Post #15
  • Quote
  • Oct 24, 2014 11:58pm Oct 24, 2014 11:58pm
  •  New-Pragati
  • | Joined Oct 2014 | Status: in Hibernation | 55 Comments
If I understand correctly the ECB wants us to believe that the other 105 banks that have passed the stress tests will never fail. Lets hope and pray that this is true , else we will have another Cyprus like situation where high end depositors lose their bank balance due to bank's mismanagement and forfeiture of deposits policy.
Only Time will tell the Facts.
  • Post #16
  • Quote
  • Oct 25, 2014 6:27pm Oct 25, 2014 6:27pm
  •  Guest
  • | IP XX.XXX.69.206
Quoting OnlineAddict
Disliked
I don't really care for the news...I will buy the dips next week.
Ignored
Well my sentiments exactly (with respect to the news that is) but buying dips next week probably depends on the pair or symbol. But one would assume at this point that a) risk and commodities were in a corrective phase up and still are but that correction up is seeing a correction down and most risk sold off last week to their vector lows b) based on Gold vector calculations (which can be used generically to forecast risk in general though without the precision specific pair analysis would provide) we saw a selloff to 1226.61 from the interim pivot 1255.61 and as such new week open should see it rise to about that vector high e.g 1245/47/51 where it should be returned to range to trend once more to vector lows esitimated at about 1208 lower (say 1204/3). Given that like the Euro, AUD etc it is in fact in a rising vector evaluated to have a positive sign, it should bounce from that level to reach above its most recent peak i.e. say 1264 and drop a bit once more to about 1220/15 and then rise finally to peak at about 1295.

My points then include i) the correction within the overall correction up started last week will most probablly be sustained in the new week (a month end week) ii) we should only resume the overall correction thereafter say the week following when risk and commodities would be concluding the corrective phase, so iii) buying dips may be more effective at that time.

But do I have a crystal ball - obviously not. But I have applied chaotic analysis to calculate the price vector for Gold and projected it foreward (at some risk by fitting polynomial curves to the two series that define the vector) to firstly find the sign and the value for the rate of price change (ROC or objectively measured market sentiment) and secondly to estimate the chaotic path of price (as indicated above). So you will find that I am at variance with most analysts we have read in threads here (I the more sophisticated in technique and therefore accuracy) who posit that the USD has resumed its trend and risk as such will selloff to extreme lows - which my analysis disputes completely. But mark whether or not I miss a breath in the ovearall vector projections for Gold in terms movement between price points, timing and amplitudes which when it pans out exactly as I have stated would further prove that trading by news (while profitable for some no doubt) in no sense compares with the stated analytic approach. Of course if it does not pan out then this would be my very last post to an FF thread.

The Crow (-_-)

BTW: Observe how this fits with so-called fundamental analysis in terms of the current narrative but witout the hesitation as we can factor out nearly all uncertainty about movements ahead without waiting i.e. we can be proactive rather than reactive.
  •  Guest
  • | IP XX.XXX.73.179
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  • Story Stats
  • Posted: Oct 24, 2014 8:43am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 16  /  Views: 7,023
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