Possible good short AUD/USD

EURUSD

Gold also taking a hit

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IMO these are EUR/USD bear numbers. The news is somewhat good (strengthening risk), but it is more bad (strengthening off risk). They are not bad enough to implement Fed bond buying which is good for USD.

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I was thinking the same thing.

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Any comments on what the upcoming austerity measures (Spain and Germany took measures starting today) will do to this pair short term? Other pairs? Thanks in advance. In economics, austerity is when a government reduces its spending and/or increases ...

EURUSD

Not only is is Dow going down, but ISM numbers imo should take it lower than you say as QE2 is pretty much off the table for the time being.

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The numbers related to ISM were all very good for US. They were so good that it pretty much takes QE2 off the radar...which strengthens USD. You made the right move- congrads, even though you forgot the ISM that was supposed to go the other way.

EURUSD

50:1 — 50:1 leverage to me means tighter stops, lower lot size, less market volume from US traders...kinda like playing with half a deck! Gotta love Chris Dodd (who is retiring amidst scandal) and Barney Frank who said Fanny (I mean Fannie) ...

EURUSD

Shorting Dems — Sky....you could probably go to Vegas and do that actually-though your odds may not be too good.

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European markets are falling big too. Irelands markets lost 5%. How does this translate to the Euro?

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That is fundamentally sound thinking

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Hate when that happens — Silly me left an open short over the weekend AUD/USD .89175. Time ran out as I was going to close for a small loss...don't ya hate when that happens!

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My tools show lower but my gut says bounce which I thought would have come already. ...so I wait.

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Here: url

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Guess who first came out with that report by the former UN ambassador in an exclusive interview?....Fox News. Must be a conspiracy huh?

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My point is that the guys that were in on the oversight of Fannie....Frank, Dodd, among others were slinging major BS at the expense of an entire economy and millions of people while saying everything is fine. Dodd is at the forefront of the banking ...

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I remember Barney Frank (sp?) D-MA saying just a short time before Fannie took a fall that Fannie was looking good.

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So, Does Germany go back to their beloved mark? Do all the loans Germany/France/UK go unhonored? What reaction to EUR/USD?

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Yeah "L"! They are in there somewhere lol.

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Thanks ACORN, Affirmative Action etc... I remember these groups going into neighborhood banks and boycotting/protesting in a very confrontive/rude way so they could get loans based on entitlements/race. This "forced" these banks to make loans they ...

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