So price nicely follow me !! down to rt shoulder , validation , false up & then back to rt shoulder & break down towards the levels .so next real bull if any from bottom again.
fontu
Yes indeed market behaves as normal to the news. Shake outs, fakes, whatever we wanna call it. It is the biggest news this year alone. I quiete recall we used to see this kind of movements every month's first Fridays.
There is apparently a Bloomberg article that highlights the fact that the stress tests are not taking into account debt held in banks “held to maturity” portfolios, just bonds held in trading books. That of course, is nuts, but that’s the way the test was designed.
Anyone who’s worked in a bank for more than 20 minutes knows that bond purchases gone bad get stuffed into the bank’s portfolio while profitable trades get flipped in the market…
Not sure why it took the market so long to take not, but supposedly that’s why we sold off to 1.2794.
http://www.forexlive.com/...
