I just don't think that the markets have been extremely fearful - at least not enough to put in a bottom. The fear of being short when there is a 'squeeze' going on isn't the same as the fear of the bottom dropping out and there are no sellers in ...

EurAnalysis

Are they telling the truth — One thing about your article that I found interesting was this - when asked who was short everyone said they were: I don't believe that for a second in a large group setting people lie because they don't want to ...

EurAnalysis

I look at last week as an opportunity to short again which I did and I'm holding short from 1.2490. I expect the markets to match the 1.18 lows sometime this summer.

EurAnalysis

I could write the old cliche about selling the rumor (Grexit) and buying the fact but I think that there is more involved than that. On the weekly chart one could make a case that the EUR/USD has already put in wave 5 and that this week was the ...

EurAnalysis

Contrarian thinking is basically what your article is about and I can respect that. In fact the old adage of buy the rumor and sell the fact could be applied to your article when it comes to the Grexit. The one area where I have teh biggest ...

EurAnalysis

Nice article and good for reading to understand why Greece will start issuing I.O.U.'s in July - prior to the rioting that will start.

EurAnalysis

I was in a similar situation last night myself. I had full position shorted at 1.2500 but was unsure if the pair was going to hit 1.26 before resuming downtrend. I closed 1/2 my position and put a short order in for 1.2475, just in case. I woke up ...

EurAnalysis

What a trading plan! Most of the movement in the US session is likely done. What is the ATR for EU and how much has it done today? Will EU continue to fall? Probably until 1.45 gets hit but you're gonna hit some resistence before then. Plus you'll ...

EURUSD

This is it..... — OMG! This is what the Euro bears have been ranting about since...well since...it seems like forever doesn't it? RELAX PEOPLE. Yeah EU is going down now - it's called a re-tracement folks. Listen when a pair makes a great run ...

EURUSD

Zeffer, Please explain your post and why you took this trade will you? I agree with your statement about the daily pivot but with news coming out and Cable being in a consolidation phase why bother?

Inside Bar Trading

How much do you think this has to do with the subprime market? url I know it doesn't mention the problem directly but the inference is there - JMO

Subprime Worries

I know isn't it great? My point is when all those countries have excess $ they have to do something with them. They'll look at the distressed properties here and since their currencies are so much stronger than USD it only makes sense to either buy ...

Subprime Worries

EXACTLY! In fact the "worst" is yet to come. We'll have to wait until the Europeans buy up all the US distressed properties just like the Japanese did in the 80's.

Subprime Worries

Ok Merlin - you're a genius

Subprime Worries

REALLY? What crystal ball are you using? Once again REALLY? The upward trendline on the daily charts was broken. PLUS it closed below the 50 EMA. PLUS the 251 high on July 19 should be interpreted as #5 if counting waves. But hey what do I know :

Auslanco - GBP/JPY and GBP/USD (newstrade)

Spreads — Hey I've been trading this pair like crazy this week. I normally stick to EurJpy but I've watched and wth. Normally i've got a 7 pip spread with GJ. However, yesterday around 1700-1800 EST the spread went to 15 pips! I thought WTF? ...

Daily GBP/JPY analysis