I'm flat now but I'd like to see it get there within the next hour, if it does I'm going long :-)

EurAnalysis

ahh ok thanks... the reason I was saying 'careful' is that: Looking at the 5m candles (starting at 12:05) we can see that there was resistance to further downward movements. It may well go down to 3300 but for me that trade is too risky at this ...

EurAnalysis

well done on the pips :-) ... I was asking what is your typical risk/reward? Is it 1:1, 2:1, 3:1 etc e.g. you have a 10pip stop loss with an expected return of 10, 20 or 30pips

EurAnalysis

careful..... what your RR?

EurAnalysis

+31pips :-)

EurAnalysis

nice 25 pips in the bag and a trailing stop.....may even get 30 pips :-)

EurAnalysis

dddd, I've only watched the first 20mins so far......(will watch the rest later) - excellent video!! on the eur/usd movement, it's looking unlikely we'll breach 3440 in this session - let's see what NY brings. great video :-)

EurAnalysis

Happy Birthday PT :-)

EurAnalysis

yes I agree, they might have a clause in place that allows for non-participating members to quietly leave through the back-door....

EurAnalysis

not to the extent highlighted in the Telegraph article.... for them to intervene on such a grand scale just doesn't seem plausible at this moment.... I could wrong - it wouldn't be the first time :-)

EurAnalysis

I can't see the Fed intervening...........

EurAnalysis

yep that sounds like the plan....

EurAnalysis

yes the 15m candles are showing indecision and current volumes on the 5m suggest that getting to 3430 may be difficult...... I'd like to see a double-top on the 5m candles

EurAnalysis

Do I think the US public will stand for an IMF loan? I think that if the IMF have agreed to loan funds to Italy, then Italy will get a loan. Do I think the Germans will allow the ECB to print more cash? I think the recent announcements by ...

EurAnalysis

Yes he did and he said it because there is no kickout process defined. That may or may not be a mistake, but that's the way it is.

EurAnalysis

ok first of all that was a well written post...... I would like to point out a couple of things: 1. One cannot state that any analyst is correctly stating anything until the event has come to pass and they have been proven correct. In this regard ...

EurAnalysis

hi foto, all 17 euro nations have invested in the euro - some would argue that Germany has invested more than most. I believe the the relationship between the two is now symbiotic in nature. If Germany were to leave and revert to the DM, they would ...

EurAnalysis

ahh ok an RR of 1:1 and you're leaving it open for a few days.....

EurAnalysis

interesting call - I'm flat now until next week, but as a matter of interest what r/r and timeframe have you got for that trade? just curious??

EurAnalysis

been away all day, just reading the posts and only saw this now. very good.... :-)

EurAnalysis