EurAnalysis

For You,,

Bouble will burst ...

http://www.indicine.com/images/galle...17-1-large.jpg

mohan76

I was reading the controlled Gambling thread.

This is a good read. My question is how you restrict yourself doing more trade than planned when you see still opportunity left for the day ?

Target 10 pips .. achieved in first hr or so ..and you have almost the whole UK or US session left? What u'll be doing then?

Hope I'm clear with the question. cheers!

It seems Jody Samuels is still at it.
Nice analysis Jody

What Do We Do Next ?

considering we as the respective Govt of the country we need to pay the debt with Real asset. We have not seen major deflation yet ... that would eventually lead another major inflation ... avoiding this situation is a very critical challenge to economy and the civil society.

Real Asset can not be rise in overnight ... this needs years of research and dedication from a good-will govt to sponsor such thing, so may be existing Real assets like land & Building, Farmland, Gold everything needs to put on the table ... that would lead severe injustice to the social. (IMO)

http://www.cnbc.com/id/46080889

Snippet:

The representatives of Greece's private creditors left Athens on Saturday without a deal on a debt swap plan that is vital to avert a disorderly default, sources close to the negotiations told Reuters.
http://media.cnbc.com/i/CNBC/Section...thenon_200.jpg

Scott E. Barbour | Getty Images

However, that doesn't mean that the talks have broken down — "quite the contrary" — a representative for the Institute of International Finance said Saturday.
Reports that Charles Dallara and Jean Lemierre, co-chairs of the steering committee, left Athens "unexpectedly" are "quite untrue" the IIF said.
"Talks are continuing. Mr. Dallara and Mr. Lemierre have had longstanding personal appointments outside of Greece and they both left Athens today for Paris, as had long been scheduled. Their visit to Paris has nothing to do with the PSI discussions," The IIF said. "They are both fully available to the Greek government's leadership by telephone should this be necessary. "
Negotiations were expected to continue over the phone during the weekend but it is unlikely that an agreement can be clinched before next week, sources said, as Athens races against the clock to strike a deal.
A lot of progress has been made on the details of the plan during talks between Athens and IIF chief Charles Dallara, sources say, but any deal needs the approval of the IMF and euro zone countries, who insist on a substantial cut in the debt load.
The IMF span#ExplainsLink a, span#ExplainsLink a img, span#ExplainsLink a:visited img, span#ExplainsLink a:visited {border:none;}http://media.cnbc.com/i/CNBC/Section...ains_icon1.gif and EU countries, and in particular the bloc's paymaster Germany, want to make sure the deal puts Greece's derailed finances back on a sustainable track before they agree to a new, 130-billion euro bailout, which is also crucial to avoid a messy default.
The IMF insists the debt swap deal must ensure Greece's debt burden will be cut to 120 percent of GDP by 2020 from 160 percent now, as agreed at an EU summit in October, and has warned that this is made more difficult by the fact that Athens' economic prospects have deteriorated since.
"Things are complicated, we are getting closer on the numbers but there is still quite some work ahead," one source close to the talks said. "Discussions will continue over the phone this weekend but an agreement is unlikely before next week, if there is an agreement at all."

RELATED LINKS








Current DateTime: 01:09:42 21 Jan 2012
LinksList Documentid: 46068997

1. Greek Default Won't Lessen Contagion Risk: Strategist
2. Greece, Creditors Near Debt Swap Deal With 70% Loss
3. Greek PM Says Hands Off the European Central Bank

A meeting Monday of euro zone finance ministers will be crucial for the debt swap talks. "We will want to test the waters among member states because given the complex connections between private sector and official funding elements, we have to have the backing of member states for a deal," a senior EU source told Reuters.
"The outcome in terms of achieving the debt-to-GDP target will depend on how the debt sustainability analysis is constructed, which is not a precise science but at most a form of art," the source said.

http://www.weforum.org/events/world-...l-meeting-2012

January 25, 2012

Future Events
25 - 29 Jan 12
World Economic Forum Annual Meeting 2012 Davos-Klosters, Switzerland

The Daily is Bullish and the 4 Hour is Bearish. There is support levels and resistance levels. What now ? Are we going up or down ?

Here is what Oanda FXTrade News EUR/USD Trader thinks...

They have been Flat since they got stopped out on the IMF BS Spike on January 18, 2012.

Resistance Round Number 1.3000 Mine
Resistance 1.2986 Session High January 20, 2012

Support Round Number1.2900 Mine
Support 1.2872 21 Day MA

That's the Technical

I will keep it in mind and watch everything else including BOJ meeting, FED meeting, Greece situation, Price Action, Price of Oil and Gold and UNKNOWN which might be known.

Then PERCEPTIONS change and movements start and Markets open in Wellington, Asia, Europe and North America and so it goes for a very interesting week. My opening thoughts for Sunday. Have an excellent trading week. Have a Trade Plan and know your entry and your exit and use Discipline.

another 15M Outlook
If this is continues down based on the 15M pattern then we might Pullback to Daily Support first (tested/break) before continue going north

I finally found a link to the entire John Maudlin Article.

http://seekingalpha.com/article/3210...daily_dispatch

I would suggest everyone read it if you truly want the whole picture ahead of us.

Snippet:

If we want everything to stay as it is, everything will have to change." – from The Leopard by Giuseppe Tomasi di Lamedusa

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought, and that's sort of exactly the Mexican story. It took forever and then it took a night." – Rudiger Dornbusch

Europe's leaders are committed to keeping both the euro and the eurozone as it is. But for it to do so, everything must change, as the wonderful quote from the 1958 Italian novel suggests. This is no easy task, as no one wants a change that will impact them negatively; and there is no change that will allow things to stay the same that does not impact all severely, as we will see. In the third part of a continuing series, we look at the actual options that are available on the menu of choices, or as one group called it, the menu of pain. I offer some guideposts that we should watch for along the way, and end by offering a suggestion as to what Europe should do. As has been the case in this series, I do my best to offend everyone at some point. If by some small, unintended oversight I do not, then wait another week, I will get to you. What else are friends for?

Europe has three main problems.

A growing number of its countries are insolvent or close to it. It is increasingly likely that the only way forward is for defaults of some type, to lessen the burden of debt to a level where it can be dealt with and that will allow the countries the possibility of growth, which is the only real answer to the problems they face.

Because of growing fears of multiple defaults (just Greece would be bad enough!) most of the banks in Europe are seen to be insolvent and in need of hundreds of billions of euros of new capital. The interbank market in Europe is in a shambles, and banks park their cash with the ECB, at a lower rate of return, as that is the only institution they trust. They clearly do not trust each other. As an aside, I heard from many sources while I was Hong Kong and Singapore, meeting with readers and friends, that European banks (especially French) are cutting back on their trade lending, which is making normal commerce more difficult. Didn't we just go through that in 2008?

The real problem in Europe is the massive trade imbalances between the peripheral countries and the so-called core countries. Without the ability to adjust currencies, those trade imbalances will render any debt solution moot, as a country cannot balance its budget while it runs a trade deficit and its citizens and businesses also deleverage. I have written about this arithmetic problem on numerous occasions. There must be balance or there must be a mechanism to achieve balance.

One cannot solve one problem without solving all three. Either they all get done or none truly get done. You can kick the can down the road by solving problems 1 and 2, but problem 3 will put you shortly back to square one.

Europe is now trying to address problems 1 and 2. They are talking about a "new treaty" that will require austerity of a real kind, although I understand that Germany has put in a clause that gives it some extra time to achieve its own balanced budget. And the ECB is dispensing euros through the back door to banks, in exchange for anything resembling collateral. Not directly of course, as that is prohibited, but the same thing is being accomplished, despite objections in some quarters mostly German.

http://seekingalpha.com/article/3210...daily_dispatch

A Dummy's Guide To The EU Crisis And Our Moral Hazard Rally


Hey ... Are you calling me a Dummy SMILE !!! Have a Great Trading Week.

I completely missed this reply. Keeping an eye on all TFs is key. Hope your well buddy.

Secondly the Daily ascending which was break upside seem too pushy for me,this might be a Bull trap,always trade each of your position with protection aka Stoploss or Set your Long Position @ BE for avoid unexpected things happening

Thanks buddy, There are Bull Trap as well as Bear Trap (IMO) it is very crucial for the retail traders to place trade by confirming M5 and M15 with a SL. As soon as trade goes in favor put it on BE.

personally am using 5M & 15M for entry and scalp and Daily For Riding...Lol
Daily is my highest TF,Not more than that

http://www.bestgraph.com/gifs/sports...itation-04.gif---->http://www.bestgraph.com/gifs/sports...itation-01.gif
M5,M15 ---------------------> D1