I don't just think it, I know it.

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Why are we stuck at 3158? Ah of course, Cloggie covered here. That's why we won't go above it just yet. Ah well, nothing to see, moving on.

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3158 is it for me right here. l8r kids, don't get led astray now you hear.

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We traders use to have a lot of fun with them. We'd slip a few paragraphs to the analysts to get one in that was so freakin convoluted and meaningless, it was hilarious. We rarely ever got a call from the muppets reading the darn things.

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3158 is the one to watch, I gave you a headsup a few pages back.

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Look how often the big boys get caught flogging shit and making recomendations only to be found out that they shorted the crap out of it themselves. Look at most of the IPO's, the .com bubble, the housing bubbles, commodity bubbles. Banks love to ...

EURUSD

A pip short of the next level here. A good close above 3158 here will negate the entire day's drop and we will be back where we started last night.

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Feckin heck, I had that shit for 20 years in the City, we wrote that shit for the muppets, never ever to be disseminated internally. I always loved to get at least a paragraph in those reports that were so meaningless that nobody could ever figure ...

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Cloggering time. I don't mind if guys get it wrong, as long as they think for themselves, repeating some crap that a 12 year old writes so he can sell advertising on a blog is absolute tosh.

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Why don't you start thinking for yourself instead of quoting some rubbish crap you find on the internet. That sh!t is about as useful as a chocolate teacup.

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Nah, I have no feckin clue what I am doing if you follow the consensus of the loudmouths in here.

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That's where experience comes in.

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Yup, unless you are in a trade, then you move your stops accordingly. My numbers are to be used to either enter late if you missed to boat, or stay in longer if you were paying attention 4 hours ago when I called the bottom.

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Spain is irrelevant. WE have long written them of. 1.27 is so far of left field, it ain't even on the field anymore.

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Here you go.

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Spreads been tightening sharply.

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if-then-if, find one, find the next, move stop to the previous, rinse and repeat, find the momentum or lack thereof and you know how the next one responds. Don't counter the next one, expect/anticipate a range, let it consolidate, trade the break, ...

EURUSD

Either that or the ECB jumping back in. They are ithcing already with the EFSF auction announcement today. And let's not forget about the ESM

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A bit of news and we can hit 1.39 before you know it. Techie wise, there is one side, there are still the fundies, never ever underestimate the power of Bullshit. The Daily is itching for a major correction, today's drop was purely fundie driven on ...

EURUSD

There is a new one now, 3148 (instead of 3151). 3166 has changed slightly to 3158 so there you have the latest goss. 3260 still stands.

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