IMF says fund NOT drawing up any plans for a Spanish bailout.
- #33,561
- May 31, 2012 9:31am May 31, 2012 9:31am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #33,562
- May 31, 2012 9:33am May 31, 2012 9:33am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Could break!
Thanks Luis. 
Those who say it cannot be done should not interrupt those who are doing it
- #33,563
- May 31, 2012 9:33am May 31, 2012 9:33am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #33,564
- May 31, 2012 9:37am May 31, 2012 9:37am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
IMF says fund NOT drawing up any plans for a Spanish bailout.
Spain is a TBTF (too big to fail) that is also a TBTR (too big to rescue).
It this puppy unravels, then the whole house of cards will come tumbling down.
http://archialternative.files.wordpr...e-of-cards.jpg
Those who say it cannot be done should not interrupt those who are doing it
- #33,565
- May 31, 2012 9:39am May 31, 2012 9:39am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #33,566
- May 31, 2012 9:47am May 31, 2012 9:47am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #33,568
- May 31, 2012 9:52am May 31, 2012 9:52am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Looks like all the month end flow is out of GBP. Dropping like a brick. Just made +25 pips all in 5 minutes.
Now all we need to do is break the 1.2350 barrier option and hopefully we're on our way to my first target at 1.2235 WooHoo!!!!!
E/U H4
Those who say it cannot be done should not interrupt those who are doing it
- #33,570
- May 31, 2012 9:58am May 31, 2012 9:58am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #33,571
- May 31, 2012 10:03am May 31, 2012 10:03am
only 5 pips to go. I think we may break 97.02 today. By the way, 97.02 is the 2012 low for the E/J so we may see a small bounce.
E/J Daily
Attachment
- #33,572
- May 31, 2012 10:05am May 31, 2012 10:05am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Now all we need to do is break the 1.2350 barrier option and hopefully we're on our way to my first target at 1.2235 WooHoo!!!!!
E/U H4
Attachment
only 5 pips to go. I think we may break 97.02 today. By the way, 97.02 is the 2012 low for the E/J so we may see a small bounce.
E/J Daily
Attachment
E/U 1.2350 toasted and popped
Any questions?
Those who say it cannot be done should not interrupt those who are doing it
- #33,574
- May 31, 2012 10:07am May 31, 2012 10:07am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #33,576
- May 31, 2012 10:09am May 31, 2012 10:09am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
Excellent. Congrats. Still holding 2410 short?
Now all we need to do is break the 1.2350 barrier option and hopefully we're on our way to my first target at 1.2235 WooHoo!!!!!
E/U H4
Attachment
- #33,577
- May 31, 2012 10:09am May 31, 2012 10:09am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
will see 1.225 today?
Those who say it cannot be done should not interrupt those who are doing it
- #33,578
- May 31, 2012 10:10am May 31, 2012 10:10am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
TP 97.028 was hit
- #33,579
- May 31, 2012 10:15am May 31, 2012 10:15am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Took more partial profit off my E/J trade at 96.72
Now only 15% of the original lot size remaining. No TP or SL at this time.
Time to party. That was the best 1 week trade I did all year.
Now only 15% of the original lot size remaining. No TP or SL at this time.
Time to party. That was the best 1 week trade I did all year.
Those who say it cannot be done should not interrupt those who are doing it
- #33,580
- May 31, 2012 10:17am May 31, 2012 10:17am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
I dont know why I dont reenter on 1.24... Well I know, I should be a little more risky. I jump out my last short on 1.236 yesterday, I am in 1.2355 again, that was the confirmation to downtrends... 
Stocktwit: LuisCarlos - twitter: @lcparodi