Pending Sales of U.S. Existing Homes Decline by Most in a Year

The current economic context is off-balanced. Whatever small figures can US throw against EU, it will. At best, this thing is a range, at worst it won't bother anyone.

The things to look out after this week are Draghi's speech and the NFP.

Green pips.

I am not surprised at the home sales report , prices still not at bottom but this is good news for dollar bulls. Here in florida home services and anyone who depends on real estate is in financial disaster. Banks are sitting on the houses waiting for return to value to sell for profit. The longer the banks do not revitalize these mortgages the longer and deeper the stocks will go.
How do you control a wild stallion ?
Our gov. And banks dont care how far down we go. This is in the cards this time they are heavy insured on mtg loans and if you don't pay them they get 100% loan value from insurance. Then they keep and sell property for even more profit. My friend said we are crazy for paying the banks anything. That is our only tool left is dont pay in hopes to bring them to their senses. We have been over paying intrest for years and taxes too.enough is enough. Its time to make our stand. The lenders world wide have been out of control for since 2001. I will never borrow money again. I have spent the last 5 years studying the markets and how to trade and beleive me this is the best business to be in. You can literally make as much as you want technicals and fundementals are key to your success just learn it follow your rules discipline discipline and practice. Up down or sideways it really doesnt matter we make money in all of it. You'll do just fine never give up.

you gotta fight for your right to buy

awful data by the way..interesting to see how these US data fit within a recovery context

Forex trade is becoming something else. The homessales is usually a high impact news. with a negative (-5.5) actual from an expected 0.0, eu, gu, au.nu should be running long with 120 pips or so, not the negative is the result.

stop sell,waiting for the right to buy !

no way..
all will wait the ECB President speak..

fucking every thing sinking and pending is high important figure but it not affect market

i dont know what problem with GPB/USD

yestarday consumer confidence data @ negative.. there was no impact.. now this home sale data in heavy negative .. there is no impact.. more over USA stocks all down .. there is no impact... Let's see what ecb president speak.. depends upon his speech market will swing i guess...

Gold traders had understood the news- spiked others are in euro nightmares

euro broken SNB playing hide and seek with bears