hold or break — Same goes for the eu

EURUSD

G/U bottom just broke now lets see if E/U follows

EURUSD

expect a break lower — the pair hit the 3100 resistance too hard(no wicks).... Unlikely to stop here same goes for G/U

EURUSD

It seems CDS payout decision @ 7am est due to the triggered CACs maybe more important than NFP...Maybe... I wonder how far this pair will drop if default decision @ 7am combined with missed est @ 8:30am newyork The other side to this is Greek ...

EURUSD

nice trade.... watch out at 128.40

EURUSD

here a more likely scenario Greece defaults, eur drops, Portugal/Spain/Italy/Ireland follow in domino effect, Investors pull their money, selling accelerates.

EURUSD

In the long term yes, it preserves the sanctity of CDS.... but in the short term this pair should move lower to reflect a sovereign default

EURUSD

They are saying the activation of CACs: collective action clauses could trigger a credit event... meaning CDS....

EURUSD

Sickening — video

EURUSD

But he's up 63%... anywho looks likes market got its direction goodnite guys.... happy pips

EURUSD

I hear you bro,

EURUSD

[quote=Agent-Pipen;5437007] So if the differential is too high(<80) or low(>20) they are expected to move in opposite direction Interesting stuff...

EURUSD

Hes been here since 08, so he has at least 4-5 years forex experience, you could learn something from him

EURUSD

Maybe i should stop this swing trade non-sense and start scalping.... but scalping just seems so much like gambling

EURUSD

good stuff i'll look into that over the weekend I may PM you I hope that isn't true, I'm thinking some crazy math/physics formula for entries or trading off of tick charts combined with market depth on a bloomberg terminal....lol

EURUSD

how did you know to go long at @75? what time frame do u watch?

EURUSD

Therefore i'd expect this pair to go down but Correlations dont guarantee direction

EURUSD

I usually dont go for correlations but the Dollar index seems to be going up bouncing off the 200ema therefore....

EURUSD

Me thinks you missed the top....lol just kidding but on a more serious note you may get stopped out

EURUSD

Short — Looks like a good place to go short... although there maybe a better positioning tomorrow at London open

Cable Update (GBPUSD)