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- gfs commented Feb 24, 2012
Treat CNBC and FED as a great contrary indicators. They are always wrong. This is their job to brainwash the public about the economy and finance. Again - they are not economists or buisness men, they are only PR, TV presenters, journalists. They ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
It is always amazing how media and journalism can always fit the happenings to justify the price action of the given security.
USD hits records lows as EUR gets Greek deal boost
- gfs commented Feb 24, 2012
The price moves up because there is many traders trying to get out of shorts. Open interest reached 300K last months. Whole world was selling euro. Now stops are hit and price must rise. Go to the link in the signature to find out more about futures ...
EUR/USD hits 1.3475
- gfs commented Feb 24, 2012
1.34 Told ya weeks ago that downtrend is finished. Euro goes much higher from now on. To check credibility go to the link in the signature. Regards
Euro Rises To New 10-Week High Above $1.3370
- gfs commented Feb 22, 2012
The very negative market that refuses to decline is very bullish!
Euro figures revive recession fears
- gfs commented Feb 22, 2012
Recession fears? Are we not in recession now? Look out the window!
Euro figures revive recession fears
- gfs commented Feb 20, 2012
Here we go again! I am sick of Greece!
Troika says Greek debt may reach 160 pct of GDP in 2020
- gfs commented Feb 20, 2012
The Greek debt is unpayable. Greece will default sooner or later in full. They already have. Half of debt has been written off.haircut is a fancy name for a default so it doesn't trigger Credit Default Swaps.
Baseline Troika scenario is 129% Greek debt-to-GDP
- gfs commented Feb 20, 2012
Yeah. Talking heads! Nobody can predict what will happen next year, nevermind 2020. Out of all those who dare to reach to such a foggy future, bankers and politicians have 0 hit rate. They are ALWAYS WRONG! Example= Look up you tube and trace what ...
Baseline Troika scenario is 129% Greek debt-to-GDP
- gfs commented Feb 20, 2012
I am guessing you are now stopped out of your short trade as high for the day (with the bank holiday in US) is 1.3278.
EUR/USD still rising, takes out minor hourly resistance
- gfs commented Feb 20, 2012
Not necessarily. Non- commercials are trend followers and commercials hedge. Non- commercials will be extremely net short on the end of the downtrend ( as they are now) and then they start to cash out long positions. Open interest has fallen over ...
EUR/USD still rising, takes out minor hourly resistance
- gfs commented Feb 19, 2012
US has no interest to help greece. As long as there is a mess in europe there is a demand for 10yr US bonds. They can borrow at 1.7%. US wants europe to fail. IT is the only chance for them to buy some time before they go belly up.
Germany drawing up plans for Greece to leave the euro
- gfs commented Feb 19, 2012
Commercial traders hold over 75% of the total market in longs, Open interest dropped by 11%. I dont think fools are the price movers. Euro is going up because there is plenty short covering.With historically high open interest there is nobody left ...
EUR/USD still rising, takes out minor hourly resistance
- gfs commented Feb 17, 2012
Euro FX EUR/USD Date 17/02/2012 Total Open Interest 294,084 Net Marginal Change -5,001 Change in Total OI (%) -6.85 An Open Interest dropped today by 5,001 transactions. The total OI in the Euro futures stands at 294,084 contracts. Today we notice ...
EUR/USD Attacks Counter-trend Trendline
- gfs commented Feb 10, 2012
Believe me - market is looking at other things
Euro crisis averted? Don’t believe a word of it
- gfs commented Feb 9, 2012
lower short term = good opportunity to buy long term
EUR/USD: The Breakout Higher and the 1.3250 Level
- gfs commented Feb 9, 2012
Date 09/02/2012 Total Open Interest 283,223 Net Marginal Change -5,434 Change in Total OI (%) -10.369 Euro dropped further 5,434 transactions. The total decrease since the 25th Jan accounts for 32,127 contracts. Euro’s open interest is now over 10% ...
EUR/USD: The Breakout Higher and the 1.3250 Level
- gfs commented Feb 8, 2012
Euro FX EUR/USD Date 08/02/2012 Total Open Interest 288,657 Net Marginal Change -8,820 Marginal Accumulation 161,601 Change in Total OI (%) 71.82 Euro open interest declined further by 8,820 transactions in yesterday’s trading. The last trading day ...
Risk Off As ECB Says Rumor Is Actually Not Fact
- gfs commented Feb 1, 2012
I dont think american lost faith. IT IS FED that has been destroying $ since 1912. It is too late to go long on the buck. It is doomed untill you vote Ron Paul!
50 pip move in EURUSD on nothing but panicked shorts covering