EURUSD

IMF is not to bad as an option and would be better for the German Tax payer dont forget Merkel and her friends cant f#*ck around to much with tax payers money otherwise they get canned.

Isn't this a big day for options expiring in the US? Does anyone know? I think I heard someting about it on Bloomberg earlier in the week. If that's the case it may be quiet until US opening? Maybe?

If you were referring to third world countries, then yes, that's true again. They are even more fucked. It's a very complicated situation in the world and in my opinion, the only solution is to overcome the current form of capitalism, but that's blasphemy to say it.

I am working it out

Maybe, but I think the EU has to show that it can solve its problems on its own, so they won't let IMF give money. And on the issue with Merkel...
You wouldn't believe how stupid most people are, they will vote for those idiots no matter what they do.
10 years ago we had someone like Obama here in Germany from the Social Democrats in coalition with the Green Party and a lot of people had hope they would change the system and do what they said. He got voted out after the second term and the people were very disappointed with him, because he did just the opposite of what he said. Everything got worse. Since then the Social Democrats only loose and split up. Now we have a new left party that is getting stronger, but still not strong enough to threaten the conservatives and liberals.

Yes, it's gonna move crazy today (Posted by Malcolmb14 earlier this week):

Third Friday of every Month options expire.

March 19th futures contracts expire.

This month is triple witching next Friday ..... can be called freaky Friday as volatility can be insane.
http://www.investopedia.com/terms/t/...tchinghour.asp

Most of them even dont know what luxury is (compared with developed country). As long as the basic needs are filled rest is may be called luxury. Some times to swallow pride for downgrading life due to harsh fact is even harder. It is all about subjective view I guess.

Yes, it is but what will happen?

And dont forget about last day for writing comment about the 1:10 leverage. Maybe people will quit thier huge money from US treasuries

short got triggered at 25, no go down to 3600.

MNI EURO-DOLLAR TECHS: Bears In Control After March Support Line
RES 4: $1.3819 High 17 March
RES 3: $1.3773 Current top of the daily Bollinger band
RES 2: $1.3675/83 Former support line fm 2 Mar, 5-day moving average
RES 1: $1.3632 21-day moving average
CURRENT LEVEL: $1.3625
SUP 1: $1.3582 61.8% retracement of $1.3437 to $1.3816
SUP 2: $1.3526/30 76.4% retracement of $1.3437 to $1.3816, Low 5 March
SUP 3: $1.3493 Current Bollinger band base
SUP 4: $1.3420/37 76.4% of April/Dec rally, Low 2 Mar
COMMENTARY: Bears in control following break of March support line,
which is now resistance at $1.3675, with the 5-day moving average at
$1.3683. Support is at $1.3582 -- 61.8% retracement of $1.3437 to
$1.3816 move and break below here favours slide to extend to $1.3526/30,
where former is the 76.4% of the above move.

Provided by: Market News International

Thanks alot. I will make a note of that.

hello Kurt,

The graphs do show the lousy situation the German economy is in.
The biggest problem however lies in the gross wages graph.
Due to the decreasing wages, the population is no longer able to keep their own economy going. Let alone to give the internal economy a swing.

Besides that, since the social system (Volksversicherung , social securities and taxes) is mainly based on the wages, also the government is losing income on that side.
Together with more and more unemployed and the costs, this criples the government in their quest for boosting the internal economy as well.

The Lohnstückkosten are NOT decisive !!
They will always vary, depending on the productionvolumes.

In years were there was an overproduction they were low but now, as all producers have to roll back on outputvolume, logically they are high.

By the way, this indicator is an easily used excuse by producers to show how bad the situation is, to get the cost of labour due to taxes and social securities reduced by new govermentregulations and to have an excuse to let off people.
(see also the last change in health care insurance policy in Germany)

The costs normally to be carried by the employers are more and more rolled over to the employee, society and the state.

There was a time when for bad times, companies builded reserves, so they can overcome those periodes.
But nowadays they lay off personel and reduce expenditure to keep up with profitfigures to keep their shareholders (and their own) pockets full.

This behaviour also brings the spiral in an accelarated downswing.

and....

THEY AL SHOOT THEIR OWN FEET !!!!

As soon as things go better, they will find themselfs in a country (region)where day after day lesser people are able to buy the products they produce. So again the spiral will continue.

Export is no longer the solution, since China, India, South America and Africa are about to grow to mature productionstates.

My guess is, there is a very hard winter to come if the Eurozone does not get their thing together soon.

And the bottom is not insight !!!

This will be decisive for the Euro.

If the governments in the eurozone want to get their balances leveled, they have to go where the money that they need is.
The huge Companies. They aggragated piles of money over the last decade, all on behave of the society and their employees.
(just check out some annual reports of the 100 biggest companies over the last years.)
e.g. I stumbled over the annual report of Abbott Laboratries yesterday.

37 years they payed a dividend of more than $ 1 a share !!!!! year after year. their net profit 2009 : more than 3 Bil. $

And Germany is up Front !!! Wages in Germany are at a level, that can be compared to 3rd world countries. (a normal single worker CANNOT feed his family from a standard salary)

When the governments in the Eurozone do not realise soon that THAT is where the problem lies, they will lose the race.

Other countries will take over the mainrole in worldeconomy and we will be sitting on a pile of worthless Euros for the next 50 - 100 years.

stop moved to be, I know its fast but its also channel trading, should the channel brk upside I am out with no loss.

When options expire there will be huge ammount of USD so EU will probably go up just like all other third fridays

Nice one

closed trade before tp as have another short just triggerd below 3600.

will she hold?

long gbpusd @ 5142

wow my God , shorts from 1.3622 going so fast ! news perhaps . targetting them 1.3550 or any .even going down to 1.3484 without any contraindication possible.
fontu

second trade closed with 0pip as my trigger finger was to quick next entry at 3583