I think we will find out tomorrow. Amazon just missed and is off 15% already in after hours, gave crappy guidance too. Amazon will likely drag down other retailers as if the 4th quarter isn't looking good there, it may be a negative other places too. ...

EurAnalysis

Unfortunately my shields have failed, I am on auxiliary power, and only have a few phaser pot shots left. I need to make them count. Fortunately, this Eurocation has not been as expensive as it might have been, but humbling it has been. I am ...

EurAnalysis

I can't post the link but it was reported on Dow Jones that many of the Euro banks were trying to position themselves for recapitalization, and that as a result, they were buying Euros to put on their balance sheets after they sold assets. That ...

EurAnalysis

Important article for long range macro — I found this fascinating reading and very prescient. The US oil and gas BOOM that is coming has largely been ignored while our President tries to turn green despite us sitting on 300 years of cheap ...

14 Year Old Forex Trader's Lessons

OK survived the weekend — The weekend wasn't nearly the drunken slugfest I thought it would be, and the Euro acted largely as I expected so my position left on over the weekend is now nicely in profit. If investors/speculators continue to ...

14 Year Old Forex Trader's Lessons

Yes, I saw that this morning. The money to recapitalize the banks can only come from monitization of the haircut, and haircuts to come. Thus far they have managed to monitize this in USD thanks to Ben the Benevolent. However at some point, the check ...

EurAnalysis

Sorta worked, but very worked up — So, my little gambit at R1 was right for a bit, got a nice move, and made a few pips. But ultimately I guess I won't be a psychologist since I predicted a sell off late in the day. I thought to ...

EurAnalysis

Silver and Gold selling off — Both silver and gold are at the levels they were when the market opened, and now making new lows. Nasdaq & S&P are selling off their best levels now too. Dow being upheld by of all things financials thanks to GE ...

EurAnalysis

Quick thought on psychology — I have heard it said many times, that markets must capitulate before a corretion really is over and the proper direction can take hold. What is it going to take for EUR bears to capitulate? I mean, we are seeing ...

EurAnalysis

I just love this — Read just about any headline: Stocks advance on Euro "HOPES". Commodities gain on Euro "HOPES". Did I bold those? I never knew HOPE was a strategy that works out real well. I mean how is this one working out?

EurAnalysis

You're humbled? 100 pips? I crapped 100 pips in 14 seconds the first time I try to go long USDJPY because there seemed to be a floor under it from the JCB. Now they report some type of exotic options caused a spike because everyone had stops at ...

EurAnalysis

OK pipkiller, maybe we aren't great minds — WTF just happened to JPY? That hurt. It is like a Crazy Ivan, every so often JPY spikes down to wipe out those thinking there is a floor, like me. Nice timing to try that... Man do I suck ...

EurAnalysis

I think the path of least resistance is a short squeeze right though the retail trader. Me, I'm flat euro$ looking for a restest of the demand zone below, currently Long $Yen @ 76.68[/quote] Great minds think alike, I too am tired of this EURO drama ...

EurAnalysis

I didn't wait, I put my toe in at 1.377, got 3 more positions I can add if it climbs higher.

EurAnalysis

Just a retrace — I hope so anyway. Some stupid Fed governor is out there running his fat mouth about more stimulus and QE still possibly being on the table. Wall Street loves free money and stimulus talk, so it took them from triple digit ...

EurAnalysis

I almost felt guilty — As I sat there staring at the S&P number and chart rooting with all my might for it to fall below 1200 and open the doors to another really solid day for me despite the stupid SL thing yesterday. There is just not one ...

EurAnalysis

I agree, this is what I am thinking. I don't normally look at a chart and say, damn, that stop loss saved my ass, I just end up buying right back in and it was a waste of spread or maybe it saved me a little, but never has a SL saved my ass that I ...

EurAnalysis

I was well above, the SL was set above any quick rebound trade line. I mean, I made money, but I wanted this trade to run except in a breakout the other way, I go 200 pips above, and it gets hit by 2 pips? And if it was the first time, that would be ...

EurAnalysis

Screw SL's anywhere near your price — This is BS, I had two SL's taken out by a blip on the chart way above any price on this trend down because I had to hit out. Hit by 2 points. Screw that, this is the 9th or 10th time this week this has ...

EurAnalysis

It isn't fear, quite the opposite, I am optimistic that technology will improve things and that the world will adapt as I said. The half life of companies is not what it was and as technology spins its wonderful web, quality of life will improve as ...

EurAnalysis