EURUSD

Our preference: Long positions above 1.3415 with targets @ 1.3505 & 1.354 in extension.
Alternative scenario: Below 1.3415 look for further downside with 1.338 & 1.334 as targets.
Comment: the RSI is bullish and calls for further advance.
Key levels
1.3562
1.354
1.3505
1.349 last
1.3415
1.338
1.334

http://www.bloomberg.com/avp/avp.htm...zwL4VwtdFQ.asf

you cant tell me these guys dont read this forem.. with exact quotes like this made last week. "A Quickening Death Spiral Has Started:" just a few days later here.

all goverments are ponzi schemes. at the point you take in less then you spend then its over. the thing that can prolong them is borrowing. this is done by selling bonds/bunds in open markets. some seem to think a pressured goverment (germany) buying bonds (loaning money) is a good thing. all it does is put more debt on the country (greece) in interest payments. . but now the debt is on the ones who loaned the money also (germany). basicly had greece not gotten a loan fitch would rate them as junk bonds statice. now germany will hold bonds (loan) one step above junk, the same bonds that if germany would not have bought would be junk.

hey and since germany also sells bunds. you got a double ponzi scheme. wait to buyers of german bonds realise this. germany is directly selling bunds to be able to buy greece bonds (fund loan to greece). what a joke.. take off the blidders. this is just the beginning.. buyers of bonds/bunds are already skidish.. wait to some guy like rodgers or soros gets short.. if they are not already, point this out.

it may be best to treat this as news and wait for the dust to settle. maybe a day or 2 before entering if you not in.. none of us know what will happen in the short term.. we all want to be right so we can say "hey i was right you were wrong". personally i dont want anyone pissing in my shoes. but if they do i hope i was bright enough to at least listen to them and profit from it. i pointed out usd negative things on my chart last week. we all know about the round bottom from weeks back.. normaly a big bull.. the double bottoms (weeks chart)also.. but the last 8 weeks were manipulated. before the trend was down. manipulation screws your charts..including volumes.. if im making money piss in my shoes.. im still selling at levels and will consider all up moves depending where they stop..

all we got here is a train wreck in slow motion..



bonds/bunds was used as an example.. im not saying germany is buying greece bonds. bonds/bunds is just used to fill in the example of a loan. ill write this before being grilled with misdirection to the point.

There are not going to bring this down until Dow, now nearly over 11000 starts its retrace back to 10,000 in my opinion. Traders on Wall Street interviewed by Bloomberg reckon the Dow will see 10,000 before 12,000

http://www.google.com/hostednews/afp...w5ggwL5mtJvw8w

.

Just to the doubters. Believe me or not I actually knew Garorinla one time and witness to the fact he called the right direction in these currencies and the troubles of the credit crunch long before he started posted on this forum so listen to him, am i right SHOGUN......

They are going to provide up to €30bn partly financed by IMF. My understanding is that they are not going to subsidy interest rates.

of course they do.

http://us.mobile.reuters.com/mobile/...63A10E20100411

same old in a way, decision reached unanimously to help Greece, no details

clue please?

Keep posting the good stuff. Always be honourable and truthful.
YOU know who I am. , no need 4 clue sir

probability happen...........

damn at least let me know this isnt bs.. give me first letter of my third wifes name.

V.M. now your gonna tell me I'M WRONG.

"April 11 (Bloomberg) -- European governments put together a loan package worth at least 30 billion euros ($41 billion) for debt-burdened Greece as they try to stamp out its fiscal crisis and restore confidence in the euro."

‘Loaded Gun’
A “loaded gun” to ward off speculators is now “on the table,” Greek Prime Minister George Papandreou told To Vima newspaper today.





In my opinion, they will make everything to change the opinion of Greece for shor time, and they will surely succeed in it, later on nothing will prevent EU from bad opinion.


Im for completing "double-bottom" and after that a new downmove waves, monthly 1-2-3 ?

nope.. but my third wife comes after my future second. and my present first may not allow this. but i will be looking for v.m. in the future just to see the potential.

my second wife may go by the pet name of "very dumb" or "v.d." for short.. or the even shorter "vd"

NEW GRAND UNIFIED THEORY DISCLAIMER: The analyst may technically be
entitled to claim that this prediction is ten-dimensional. However, the trader is
reminded that this confers no legal rights above and beyond those
applicable to three-dimensional predictions, since the seven new dimensions
are "rolled up" into such a small "area" that they cannot be detected.

nice analysis, predictive I think.

Check USDx.. Break below 79.50, then next one 74..

Dunno about EUR, but dollar going to get weaker at least

against Mexican Peso

my bet is that its going up. at least till 36 i think.

will be taking small longs for now and decide again whether i wanna short at around 36