went long at 3536, SL 3530. TP is 3600 from looking at 15m candles, we started getting slightly higher volumes and tighter spreads, this was then followed by a doji at 7.45 - I took those signals and entered long on the next candle. Let's see what ...

EurAnalysis

the volumes on the 15m candles are showing significant bear strength....

EurAnalysis

this looks like relatively good news for the dollar - MBA Mortgages up to 10.3%, previous 0.2% url

EurAnalysis

the Italian yield is now over 7.4%. 1.33xx when the US opens?

EurAnalysis

try this link to an interactive chart on bloomberg url

EurAnalysis

looks like this could go down to 3640-50 area

EurAnalysis

excellent my 1.3800 tp was hit :-)

EurAnalysis

yes unfortunately, there probably will be more unrest - however if REAL political leadership is shown and IF people believe they are being treated fairly. Then perhaps we may not see 'blood on the streets'. I know that's 2 big IFs', but as Mr. ...

EurAnalysis

I'll be happy if it gets to 3800. I'm already at BE +1 :-)

EurAnalysis

foto, I agree with everything you've said, however I believe that no matter where in the world anyone is from, if they have a willingness to work, then a successful economic union can be formed. Differing social environments should be used as a way ...

EurAnalysis

For sure, that is a flaw, but I'm not sure if it is the 'GREAT flaw'... I believe the main difference between the germans and the greeks, comes down to management and government. The greeks could be managed and governed better... The average Greek ...

EurAnalysis

sounds like a good plan, I entered a short at 3840.... SL is now 1 pip above BE not sure how far down this will go so planning to check again in about 10hrs :-)

EurAnalysis

yes I agree... if the politicians can agree to tighter fiscal integration then the euro should be fine (assuming all the required reforms are undertaken)... if they wanted they could 1. print more money or 2. introduce eurobonds its easy - not sure ...

EurAnalysis

yes just looking at the 4h candle and sure enough it opened at 3843 and has only gone lower...

EurAnalysis

The markets want reform in Italy. The italian civil service is a bloated beast that is totally unproductive(something many civil service/state departments have in common). Italy sold bonds and Berlusconi made promises to reform. He hasn't reformed. ...

EurAnalysis

I had two short trades and they both picked up 20 pips. I was happy with that. The US is only starting so the chances are pipkiller could well be correct also.... :-)

EurAnalysis

sorry meant to say why. Looking at the 1,5 & 15m candles at 13:01 the euro was unable to break 3803, even though the volumes on that candle were about 30% higher than the previous candle. The previous candle (with 30% less vol) ranged from 1.3789 - ...

EurAnalysis

I think now is a good time to short..... range 3795 - 3805 caveat: any positive Italian news could scupper the trade

EurAnalysis

yes I agree with you and FXMindset - if Berlo goes, we should see some nice upward movement :-)

EurAnalysis

yes it'd be nice to get to PTs' right shoulder..... I've been looking at the volumes and there doesn't appear to be much bullish momentum. All this could change of course depending on what news comes from ecofin. without news, I think she's gonna ...

EurAnalysis