We'll see what happens after Wed, still really low volume across all classes, the last 2 weeks has been a short covering rally of epic proportions. No matter how they spin it, the numbers show either flat to lackluster growth or contraction, and ...

EURUSD

Right, cannot wait for the risk on/risk off eur/usd trade to completely decouple, and as the Euro lowers interest rates it will, however, this entire rally across all asset classes has been on low volume, no buying conviction, just short covering, ...

EurAnalysis

The only reason I think we might go higher is the 61.8 fibo retracement, it always seems to be a self-fulfilling prophecy, and we're close to it now, at 1.40 I'll be adding to my shorts if I see some PA there. But, based on everything I've read, I ...

EurAnalysis

Yep, this whole rally has had no volume, so its really been a massive short covering rally, with no new buyers coming in to take long positions, once the shorts are done covering, I really believe we'll move back down, unless all of a sudden all ...

EurAnalysis

Amazing, every analyst on TV today, every article I'm reading says that the meetings next week will be disappointing, yet the market rallies. lol They all say that Germany will not agree with what the market wants, and the German parliament actually ...

EurAnalysis

Yep, which is why I'm holding my shorts for 1.31 and below.

EurAnalysis

Considering we got a major short covering rally today on really light volume for a breakout trade, its obvious most don't want to be short over the weekend, but I say, based on the euros track record, do you really want to be long?

EurAnalysis

I'm long on the aussie v. the usd the same time I'm short the euro v. usd, so I haven't loss anything, then when I think the market is ready to resume its bearish trend down, I will get out of my aussie long trade and just keep my euro shorts. On ...

EurAnalysis

Yep, its been quite a week, big gains, big losses, then big gains, and then big losses to end the week, all on paper though.

EurAnalysis

I don't believe that it can't break 1.39, I'm just surprised that it hasn't yet. I'm sure it will early next week, unless we get some negative eu summit rumors over the weekend. I don't normally trade this way, however, I got caught up in to much ...

EurAnalysis

Yeah, I have a short position for a move to 1.31. My sl is 1.42. Initiated my positions at 1.37, 1.3750, 1.38 and 1.3880. My belief is that the Summit will not yield the result the market is hoping for and that the market will sell off next week and ...

EurAnalysis

They're going to put a lot of make-up on this pig, look at how well they've made up the DOW and S&P, but in the long run all these pigs are going down. the question is will my shorts still be alive by then. lol

EurAnalysis

LMAO, the sixth tranche.

EurAnalysis

url OCTOBER 21, 2011, 2:06 PM ET Don’t Look Now, But the German Parliament Just Tied Merkel’s Hands in EFSF Negotiations

EurAnalysis

The market tries to inflict the most amount on pain on the largest amount of traders. In this case, everyone is short euro because of the fundamental picture, forex is a highly leveraged market to trade, and traders use stop loss to manage risk, so ...

EurAnalysis

I've read the euro is starting to experience weakness as news is leaking out that Sarkozy and Merkel still don' see eye to eye and that the German's said they will not expand their contribution to the bailout beyond the already committed 211 billion ...

EurAnalysis

I'm holding my shorts, have always had my stop loss above 1.41, and I think the euro bailout news is priced in or just about, and we'll sell off after next week. I think it will be a disappointment, plus, its not positive for the EZ, trillions of ...

EurAnalysis

Bearish flag forming here?

EURUSD

Historically, every time over the last 100 years, when the DOW went down 5 consecutive months, it rallied for the next 2 months, as we're having now, and after that 2 month rally, it fell at least 35%. Will history repeat itself again?

EURUSD