More bailouts... — I agree with your argument 100%. The Spanish banks getting a bailout I suspect will make the Spanish people very angry...

Interesting read. Could go either way I guess

I'm out @ 1.25500

I heard the news on the Spanish Bailout, its backed by the eurozone "budget" a.k.a. Administrative Costs, etc etc etc. This amounts to billions. Once all this filters through the media people will finally see the picture

I hear ya

It's going down... — I just read that Spain is asking the EU for a bailout for their banks, which will be backed by the EU's budget (ie administrative costs etc) Translation: The rich are lining their pockets before the ship goes down! Looking ...

You bearish on the e/u? I think it's gonna fall apart

I'm selling now. The retrace I predicted is over. The next stop for EURUSD is 1.19

Just put on a nice lil buy with a tight SL. Bought eurusd@ 1.25540 sl 1.25300

I went long this morning... — I went long at 10:13AM this morning, (bought eurusd @ 1.24333), locked in some profit just now. (SL @ 1.24600) Price is currently at the 200EMA on the H1 chart. If it breaks 1.25 I may put on anoter buy.

with all respect.. — I wouldn't bet on (1).

I can see the euro going quite a bit higher, about 1.7xx-1.28, I very much doubt it will EVER go back over 1.30 But yes followed by a huge plunge.

Please delete — please delete this thread. Thanks

I suffered a big loss yesterday due to the big-ass 1PM (GMT) hourly bar where big banks pocketed their profits early in London. Twas my fault for being to greedy, although only just. Anyway going forward, I believe the euro is oversold and we've hit ...

OK, I'll have it set up for Sunday

I had some very bad luck on Friday and hit Margin Call with that big spike @ the end of the day. Very disappointed. Anyway for next week I'm BUYING. I think the price will start retracing a bit, may up to about 1.25

EXACTLY. Greece are out

Gap closed... — Just sold EURUSD with (tight) SL 1.25480 I'm off to work in about 1 hr, and won't be able to check my trade for about 12 hrs, but this could be very profitable. I think the EURO could be in for a huge drop

Just closed off my trade with profit. Gap still hasn't fully closed yet. I'm staying out for the rest of tonight, Gonna check the charts in the morning and see if it looks worth trading