EurAnalysis

Amen Bro

Yes some traders do stop learning. They are called "Losers"

Yes you and A-game are right learning never stops but still some are the master of some games and you guys are one of them.And masters are master because they never stop learning

Alhamdullilah Bro

Amitabha

Yup

A person who BOUGHT EURO

Benny Cakes speaks tomorrow at 12:30pm EST (5:30pm GMT) in front of an audience of housing developers. Should be interesting to see if he mentions anything about MBS (Mortgage Backed Securities)

无限光

Ya mean stealth QE3

Yep that's what I meant but I was being stealth about it.

I have been downtown most of the day and I just noticed that EUR/USD whikle rising probably rose because USD/JPY was weak now at 77.64 and EUR/JPY is now at 103.16...

They usually rise together more or less so It appears to be out of correlation. It looks like Risk is ON since the 2 Year US Bonds and the 10 Year US Bonds and the 30 Year US Bonds all sold off and the Yields as you can see are up. Maybe someone can do a 30 minute chart on EUR/USD and EUR/JPY and USD/JPY ?

I will be home after 8:30 PM EST and this is the most balanced best place to learn, trade, enjoy and everything else and where did my 15 year old Grandson go ? Buma is his name.

Later ....

Bottom Line EUR/USD is very weak at the moment and unless it goes over 1.3335 I will short it anywhere near 1.3300.

However things may change in a second so make your own trade calls.

http://www.ekathimerini.com/4dcgi/_w...02/2012_427060

Snippet:


"The first step is for parliament to approve it, showing political parties' commitment to the targets and the policies of the new economic programme. It's time all of us to assume their responsibilities. We need action, not words,» government spokesman Pantelis Kapsis said in a statement.

The euro rose on news of a deal, which appeared to remove - at least for now - the risk of a hard default by the euro zone's most indebted country, which faces a major bond redemption on March 20. The risk premium investors charge for holding Italian and Spanish bonds fell.

However, IMF spokesman Gerry Rice said talks would continue to finalise details, making clear no agreement had been concluded yet. He said managing director Christine Lagarde wanted assurances Greece would stick to the agreed policies whatever the outcome of looming elections.
Venizelos said Athens also had an outline deal with private creditors on a bond swap in which they would give up some 70 percent of the value of their Greek bond holdings, reducing Athens' 350 billion-euro debt pile by about 100 billion euros.

"The draft agreement on private sector involvement to decrease the Greek debt burden is practically finalised, even if it will be formally approved as part of the overall package, I trust next week,» EU Economic and Monetary Affairs Commissioner Olli Rehn told reporters.
[Reuters]

http://www.aspentrading.com/uploaded...RUSD_daily.jpg

I expected a more bullish run after the austerity news especially with the 100 day moving average in sight and also the 50% daily fib. However given the lack of investor enthusiasm i doubt that projection will come to fruition.

Short @ 1.3270 SL 1.3295 TP : Open
Note : Dont follow me

Im on that too FXMindset.

I am also short. Daily chart have shooting star, on weekly chart bounced from neck line

It's a bit early to tell but I am targeting 1.3180

No specific target as yet but 3180 looks good. Having said that, i would not be surprised if it dropped further. What price did you get? I woke up this morning and got in at 3272 just in time. That spike came awfully close to breakeven but im still holding.


EDIT: Just saw your entry price.