So, I guess the Stop Loss hunters haven't made up their mind which way they want to go this evening. haha

EURUSD

I agree, China and the US def want a strong euro, but now that Europe is going into recession and Trichet is no longer at the helm, the Europeans are going to want a weak Euro to export themselves out of recession, and fundamentally the Euro will ...

EURUSD

Hah, I read that article and I can't figure out how the Euro isn't below the 1.3650 neckline. lol

EURUSD

If we were living in a normal world, the Euro would have tanked on an interest rate cut that no one had priced in, a dovish assessment from the ECB and comments of further easing, and dare I say money printing. But, we don't live in a normal world ...

EURUSD

Its a garbage business plan, they lose money on every deal they sell, and their clients usually don't comeback because they lose money on the deals and don't see repeat business. Plus, their competitors have dropped out of the marketplace because ...

EURUSD

Volume doesn't mean much nowadays, but the S&P move the last 2 days was on anemic volume, read a lot of the money managers were actively buying puts today because they're scratching their head about the move we're having in the S&P on no volume. I ...

EURUSD

This is pretty good resistance in this area, I think 1.3750 is going to be hit before a major run upside takes place. But, really other than resistance I have absolutely no PA right now to tell me to go short. lol I also have the fundamental news on ...

EURUSD

From Dow Jones: Greek PM: Danger Of Leaving Euro Is Real

EURUSD

But its bad for the currency, and the ECB's dovish outlook on the European economy signals further rate cuts are coming, with further rate cuts coming, its another fundamental pillar of the Euro that is crumbling that won't justify such a large ...

EURUSD

I'm short, playing the range, and thinking the Asians take the ECB rate cut and extremely dovish outlook a bit more seriously than the gamblers in the US.

EURUSD

Well when you put up that quote is does make sense. lol I think its a shame that Sarkozy and Merkel bullied him out of power when he was doing what was the best for his people, what the Europeans want Greece to endure for the next 3 decades is going ...

EURUSD

Soon enough the market will focus on how bearish the ECB was today and what that means for the EURO. We certainly could see 1.41 before that happens, but ultimately, I think we see 1.30 before we see 1.4250.

EURUSD

That's what makes a market, I'm on the other side of you. lol

EURUSD

That doesn't make any sense. So the opposition will vote that it has confidence in him, then after he wins his confidence vote, he will resign.

EURUSD

Could be, but I think a close below 1.3834 would be bearish.

EURUSD

Btw, I'm short here for a move back to the bottom of the current range, therefore, expect a breakout tonight to 1.40 and a golden retrace of the last big leg down. lol

EURUSD

Yep, and that's what makes it so much fun! lol

EURUSD

Today is a prime example of why you don't follow fundamentals, just the charts. ECB cuts rates, hints to QE down the road and further cuts, paints a very bearish picture of the European economy, and what happens, the Euro skyrockets. lol Despite the ...

EURUSD

Market isn't paying attention to latest Greek news, opposition will vote no confidence tomorrow, snap elections in 6 weeks, could still be no to bail out.

EURUSD

Just wanna thank you, reading your past posts have made me a much better trader.

EURUSD