EURUSD

No surprise really. Price at time of post 3890

anything above 3952 and bears are history
but if 4035 holds then bulls are history
if neither happens then cloggs is history.

thats done. I will let them buy

Well not point on denying the undeniable ... copy/paste trade from last weeks. Stopped out on the trailing part before H4 even close at 1.394x. Well done T.

sisse

And I call bullshit on those. I am looking at the timestamps of your posts and price on my charts at those times. You are a con artist and an unimaginative incompetent one at that. Seriously the only strategy you could come up with was - double down on losses?

I know you are trying to sell services here because you tried to sell it to me. Take your crap elsewhere.

Clogg, do you see this sucker retesting the 40's or does it look like a good place to start building shorts, in your opinion.

http://static.divbyzero.nl/facepalm/doublefacepalm.jpg

i love it when eu respects weekly retracement levels.

thanks. I will not be noticed with people there.

don't know about shorts but it certainly does not have the required strength for longs currently, not for a few hours.

short 1.3934 tp 1.3900 sl 1.4000

H1

Risk 66 to get 34?

Stopped out -17.. will see it again

hehehe

daily candle turns and closes green it would be safe to say no bear until 4250

but for now levels are simply 3850 and 4030

.

short 1.3943

thats just a worst scenario stoploss...i might close it much before if it looks risky.

and 3957/70 for me, that would really wake the bulls up, I think

No offense but that stop might be popped.

if you are to risk that much you might as well add an extra 40( to 4040)

.

Japan Spirals Into Bankruptcy?

Japan is drifting helplessly towards a dramatic fiscal crisis. For 20 years the world's second-largest economy has been able to borrow cheaply from a captive bond market, feeding its addiction to Keynesian deficit spending – and allowing it to push public debt beyond the point of no return. The rocketing cost of insuring against the bankruptcy of the Japanese state is telling us that the model has smashed into the buffers. Credit default swaps (CDS) on five-year Japanese debt have risen from 35 to 63 basis points since early September. Regime-change in Tokyo and the arrival of Yukio Hatoyama's neophyte Democrats – raising $550bn (£333bn) to help fund their blitz on welfare and the "new social policy" – have concentrated the minds of investors at long last. "Markets are worried that Japan is going to hit a brick wall: the sums are gargantuan," said Albert Edwards, a Japan-veteran at Société Générale. Yukio Hatoyama (pictured left), the new Japanese prime minister, has several large challenges to tackle ... Simon Johnson, former chief economist of the International Monetary Fund (IMF), told the US Congress last week that the debt path was out of control and raised "a real risk that Japan could end up in a major default". The IMF expects Japan's gross public debt to reach 218% of gross domestic product (GDP) this year, 227% next year, and 246% by 2014. This has been manageable so far only because Japanese savers have been willing – or coerced – into lending for almost nothing. The yield on 10-year government bonds has been around 1.30% this year, though they jumped to 1.42% last week. – Telegraph

http://thedailybell.com/578/Japan-Sp...ankruptcy.html