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EurAnalysis Kindergarten 24 replies

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  • #21,401
  • Jan 31, 2012 6:45am Jan 31, 2012 6:45am
Quoting knoholygrail
That is so true. What bothers me is when you get an opinion and you did not even ask for it. Life is funny. EUR/USD heading down towards 1.3100 and things are unclear. Chicago PMI out shortly. Up Down Whatever !!!

I have NO OPINION at the moment !!!
The Euro is very sweet to me. Sometimes she worries me by making me wait for a long time. However, in the end, she always seems to go down on me at the right time
Those who say it cannot be done should not interrupt those who are doing it
  • #21,402
  • Jan 31, 2012 6:46am Jan 31, 2012 6:46am
http://www.dailyfx.com/forex/fundame...sal_Ahead.html

WEAK PMI at 60.2

OOPS...


Snippet:

Euro: All Eyes On Greek PSI Talks, ECB To Not Participate In Haircut
The Euro pared the decline from the previous day as the EU announced plans to sign the new fiscal pact in March, but the single currency may trade heavy over the remainder of the week as Greece struggles to strike a deal with private investors. In response, European Central Bank board member Ewald Nowotny argued that he cannot be sure whether Greece will be able to fulfill its obligations to stay within the monetary union, and went onto say that the ECB will not participate in a Greek haircut as ‘the current discussion is about a participation of the private sector.’


As the Greek debt talks take center stage, developments regarding private sector involvement will certainly influence the single currency over the coming days, but the results could set precedence for Portugal as the region faces record-high financing costs. As the heightening risk for contagion continues to cast a dour outlook for the region, we are likely to see ECB President Mario Draghi encourage commercial banks to take advantage of the second three-year loan facility due out in February, but the Governing Council may have little choice but to lower the benchmark interest rate further as the region slips back into recession. As the Greek impasse dampens the outlook for the euro-area, the EUR/USD appears to be carving out a lower top just ahead of 1.3250, and the exchange rate may give back the rebound from earlier this month should the pair struggle to hold above the 38.2% Fibonacci retracement from the 2009 high to the 2010 low around 1.3100.
  • #21,403
  • Jan 31, 2012 6:47am Jan 31, 2012 6:47am
Chicago PMI 60.2 vs 63.1 expected following 62.5 last month.
Those who say it cannot be done should not interrupt those who are doing it
  • #21,404
  • Jan 31, 2012 6:47am Jan 31, 2012 6:47am
Quoting PipTrapper
The Euro is very sweet to me. Sometimes she worries me by making me wait for a long time. However, in the end, she always seems to go down on me at the right time
You are in the wrong profession! I can get you some gigs here in East Tennessee for some stand-up!
  • #21,405
  • Jan 31, 2012 6:49am Jan 31, 2012 6:49am
Quoting Gofer Pips
You are in the wrong profession! I can get you some gigs here in East Tennessee for some stand-up!
Set it up brother... I'm on my way
Those who say it cannot be done should not interrupt those who are doing it
  • #21,406
  • Jan 31, 2012 6:50am Jan 31, 2012 6:50am


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  • #21,407
  • Jan 31, 2012 7:00am Jan 31, 2012 7:00am
Sorry wasn't meant as an opinion but something to read up on. Do with it what you like. We focus a lot on fundies here but never forget the techies (now thats an opinion).

Quoting knoholygrail
That is so true. What bothers me is when you get an opinion and you did not even ask for it. Life is funny. EUR/USD heading down towards 1.3100 and things are unclear. Chicago PMI out shortly. Up Down Whatever !!!

I have NO OPINION at the moment !!!
  • #21,408
  • Jan 31, 2012 7:00am Jan 31, 2012 7:00am
Close 1,5%
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If there was easy money lying around,no one would be forcing it into your
  • #21,409
  • Jan 31, 2012 7:03am Jan 31, 2012 7:03am
Quoting rekon67
Just to include, today is my last day with JPMorgan Mumbai office, will log-off in an hour or two. Will start packing for my home @ Kolkata - 16 months I was away from my parents they are worried and I am excited to meet the family again. May be will join another company - Accenture in 10-12 days.

Will try to be online with you guys as usual. Take care.
Take care my buddy...and all the best
If there was easy money lying around,no one would be forcing it into your
  • #21,410
  • Jan 31, 2012 7:04am Jan 31, 2012 7:04am
My opinion for a techie trade.

Quoting FXMindset
Close 1,5%
  • #21,411
  • Jan 31, 2012 7:06am Jan 31, 2012 7:06am
MY tech update.............
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  • #21,412
  • Jan 31, 2012 7:08am Jan 31, 2012 7:08am
Quoting Gofer Pips
MY tech update.............
Hey,thats my background colour
If there was easy money lying around,no one would be forcing it into your
  • #21,413
  • Jan 31, 2012 7:09am Jan 31, 2012 7:09am
Quoting TheSwede
My opinion for a techie trade.
Yeah,risk 0,75% for try obtain 1,5% (1:2)
If there was easy money lying around,no one would be forcing it into your
  • #21,414
  • Jan 31, 2012 7:10am Jan 31, 2012 7:10am
Quoting FXMindset
Hey,thats my background colour
It's beautiful isn't it!
  • #21,415
  • Jan 31, 2012 7:14am Jan 31, 2012 7:14am
Methinks global economy not looking good.........thanks to the banksters and poor political leadership.

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  • #21,416
  • Jan 31, 2012 7:16am Jan 31, 2012 7:16am
Quoting Gofer Pips
It's beautiful isn't it!
Yeah,How's life mate,everything's good ? May God bless you and family
If there was easy money lying around,no one would be forcing it into your
  • #21,417
  • Jan 31, 2012 7:21am Jan 31, 2012 7:21am
Quoting FXMindset
Yeah,How's life mate,everything's good ? May God bless you and family
All is good here. Thanks for asking, and God bless you and yours, and may your internet get fixed too!
  • #21,418
  • Jan 31, 2012 7:24am Jan 31, 2012 7:24am
Quoting Gofer Pips
All is good here. Thanks for asking, and God bless you and yours, and may your internet get fixed too!
So u keep watching me.....thats mean you still l....me...
Yes,Need fix the internet soon,still looking some reliable provider
If there was easy money lying around,no one would be forcing it into your
  • #21,419
  • Jan 31, 2012 7:24am Jan 31, 2012 7:24am
What up!!!???
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  • #21,420
  • Jan 31, 2012 7:26am Jan 31, 2012 7:26am
Quoting PipTrapper
The Euro is very sweet to me. Sometimes she worries me by making me wait for a long time. However, in the end, she always seems to go down on me at the right time
Nothing like a happy ending.

Today's data isn't looking good and we have China PMI out tonight. Looks like the market is getting the jitters after dumping US$ for month end this morning.

I've been out all mornig so I'm playing catch up.
I don't care which way the market is going as long as it's going my way
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