Great advice...this is all about risk management...thx PT

EurAnalysis

FYI url Latest 20.35 So far, the evening has brought us a draft leaked statement from eurozone leaders, a final statement from Europe's leaders, a letter from Silvio Berlusconi promising much and a night, that if rumours are to be believed, ...

EurAnalysis

Couldn't have said it any better...shame on us for not chasing those pensions for playing dumb...

EurAnalysis

The irony is they say it to keep their pensions and entitlements that in affect put most countries in the situation we are all in. Sucks their words can still move markets though...so until that ends, you gotta play fundamentals big time.

EurAnalysis

Doesn't anyone else think that even if the Euro drops, there will be statements made to calm us villagers from panic to stem the tide of any bearish movements? If it drops, there will be some IMF statement or PM out there saying they will do ...

EurAnalysis

Here comes the BS bandaid...whatever the politicians can throw on the wall that sticks at this point, they will do it. Expect them to do all they can to ease panic...even if its the worst possible solution. They are living in the now. url

EurAnalysis

Don't jump the gun, this thing has some new momentum...patience is a virtue on days like this.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

If the Fed feeds the QE3, it won't matter what the charts say. It looks more and more like they will. The Euro mess will leave little options for cash to be held at safe havens. This is a time for fundamentals more so than technicals in my opinion. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks dude — This was indeed a great article. Thanks for the post!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hey guys, I really enjoyed this article. Great insight and fact based info herein. url Cheers

EurAnalysis

I wouldn't call it hoarding as much as it would called a reserve. All banks keep reserves and thats the currency on books. So the question is, what banks keep the USD as their reserve and who uses the EUR?

EurAnalysis

One of the best comments I've seen yet. I appreciate the insight. What I hope happens is usually what doesn't happen. I really hope it hits 1.30. This confirms it won't be so easy.

EurAnalysis

image If it passes through the mid channel, could hit the 38.2 fib next 24...just an opinion thoughts?

EurAnalysis

Agreed...its stuck right now. Bulls had some good momentum but fib is almighty.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I am extremely long on GLD but the short term bounce on the 0.0 Fib in the 80's gives me reason there may be a small pull back. Could go to 1660 if it doesn't break through the 1680 with some authority soon.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

becareful posting about gold on this thread...

EurAnalysis

its struggling to break off out of above 0.0 Fib mark...not sustaining an upward move from what my charts a showing.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Whats your (everyones) take on the fact that all other USD based currencies moved only about 100 pips give or take on a weaker USD vs. the EURUSD 300 move to the upside? Sounds to me like a lot of hope and dreaming going on as the fundamentals are ...

EurAnalysis

Got several positions on XAU, this reeks of a fake rally with US Banks and some markets closed. The USD weakened against all currencies as well on low volumes. US equities rallied and the news seems more out of boredom then fundamentals. I see a ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thank you PBH. This thread is great. And I am with ya on policing, I was simply responding to a post herein by the creater, so I didn't think it was out of line. Either way, I'm following this as I am short 3-1 EURUSD. Love the analysis and ...

EurAnalysis