.....how about water :-)

EurAnalysis

yep... just looking at the 5m candles and the euro looks ready for a nice fall :-)

EurAnalysis

Wow! Larry is pretty bearish..... his point on on requiring 'an entirely new monetary model' is interesting?? Anyone any ideas on what the new monetary system will be based on?

EurAnalysis

yes it's most likely that there will be further interest rate cuts and also that the euro is going to depreciate further.... Isn't a weak euro helpful to Germany? Didn't Trichet (or someone else from the ECB) state a few months ago that the euro was ...

EurAnalysis

seems as though the cocoa fall was due to oversupply and china demand concerns... see more here: url

EurAnalysis

been looking at this pair and it seems to be struggling to get up to 122.... have entered a small short at 121.80.... tp 121.30

Daily GBP/JPY analysis

very well said

EurAnalysis

knoholygrail, good post. the only section I would comment on is the part where you mentioned trading with less than $10,000. Yes sure, it would be nice if everyone had 10K to trade with, but imho I believe that $500 or even 250 is enough. If you ...

EurAnalysis

bloomberg have charts. Here's one for france.... url

EurAnalysis

good work Islander

EurAnalysis

we take a break........... and come back in 1 hour

EurAnalysis

the good ole consolidation box :-) I'm keeping an eye on both eur & gbp/usd...... are the bears stopping and letting the bulls in..... we'll see :-)

EurAnalysis

yes it has been hanging around - which has been good for me. I managed to scalp 68pips out of 8 trades :-) it could well hit 3690 and maybe even higher this afternoon.... I'm happy to sit on the sidelines for now....

EurAnalysis

SL hit +17pips..... just monitoring now

EurAnalysis

yeah gotta stick my hand up and admit that I was taken in by the bailout.... I thought that if it held we could've moved to mid-40s'. Then Greek referendum was announced and now Italy.... and who knows, the French might be targeted next. I'm now pip ...

EurAnalysis

went short at 3617, moved SL to 3600. No TP, will review PA in approx 1hr... Reuters have an interesting piece - it's a speech by Mark Carney (Bank of Canada) about European Deleveraging and Global Liquidity... url

EurAnalysis

very well done :-)

EurAnalysis

hey foto, yep I got caught on the ole carry thru... on review of the trade, my SL was WAY to tight. Had it come off, I was gonna get a 10x return..... a tad too optimistic :-) let's see what tomorrow brings.

EurAnalysis

lumesh, point very well made. Bondholders do hold ALL the cards..... is that a good thing?? Obviously inept governments that overspend are a serious issue, however an even worse problem is the fact that bondholders hold ALL the cards. my two cents ...

EurAnalysis

sl hit :-(

EurAnalysis