I think so as well. However, are we ready for 1.30 with so much bad news already in the market? I doubt it, I think the Fed could provide relieve this week before the EUR gets smashed again. Having said that, I might open a what I call "joker trade" ...

S&P lowers unsolicited rtgs on Italy to 'A/A-1'; outlook neg

yeah, sorry about that.. that's new.. your e-mail address is the price to pay.. I'm a subscriber.

Greece Should Default and Abandon the Euro

Greece abondoning the EUR would hurt them and the whole EMU MUCH more then staying in there. Check out the following article: url

Greece Should Default and Abandon the Euro

It doesn't look good at the moment for the gab to be closed. However, there is some heavy resistance in the way, so maybe you're right with the 2-3 days. We will see. I already went short the DAX on Friday, and I won't increase my open risk at the ...

Europe stocks tumble, led by RBS and SocGen

I feel that the current gab down in the EUR/USD first gets closed before we had south again. In any case, shorting the EUR is made fairly risky by the willingness of China to support the EMU. We are in a muddle-through-market environment.

Europe stocks tumble, led by RBS and SocGen

Ha, told ya! but we have to see now what's going to happen, f..... politics. I've hedged some of my profits (from my old short positions) but also went short again with a fair amount of my account (however I don't risk much, because of my relative ...

EUR/USD Moves Down As Greek Bailout is Stuck – Default in the Weekend?

I'm really curious how he could achieved such a loss.. and especially how UBS couldn't see that..

I need a miracle: rogue trader Kweku Adoboli who lost UBS £1.3bn

So much talk about saving the EUR and so forth.. I think a lot of saving is now priced in. EUR is already showing some weakness. I go short with a small position. Cheers

Trichet to Euro Officials: Get ‘Ahead of Curve’

Ok. EUR/USD short or long? place your bets... According to my personal trading system (CPS) it's short term overbought, but conditions are not yet ready to go short. So, I'm on hold.

ECB announces additional US dollar liquidity-providing operations over year-end

Very good article by Tyler Durden (fight club)

Here Is What Just Happened

Cheers. Will watch out. I went short at 1.39388 some days ago.. it's part of a position trade. 1.3950 would knock me out (without loss). I agree with you, little angst in the market and the price will drop quickly again. That's why I want to hold my ...

Merkel says euro bonds are absolutely wrong

The EUR shows more strength than I expected, a good time to go short again..? I prefer to wait until the momentum is in direction south again.

Merkel says euro bonds are absolutely wrong

I still hold on to my short EUR/USD position trade.. However, I took out all the risk. That is, my stop loss is trailed to the entry level. There is a lot of headwind to a weak EUR. The SNB, the Chinese, the bad situation in the USA. It's actually ...

SNB Reaffirms Intervention – EUR/CHF and EUR/USD Rise

Ok, then do it.. come to Switzerland.. here you get 3 years if you made less then 1 Mio and 5 if you've achieved more.. I won't even embark on anything like it because I think in the longterm I can do better without.. A good reputation is very ...

'Defiant' hedge fund fraudster Raj Rajaratnam could face tougher sentence

This is ridiculous.. 20 years... what a witch hunt!!! 3 to 5 years I would give him, but not more.. US Law is completely insane....

'Defiant' hedge fund fraudster Raj Rajaratnam could face tougher sentence

Yeah, true.. However, I'm not feeling ok to go short now.. I think it's oversold at the moment.. need a rebound, otherwise the risk/return picture is not good enough.. according to my system at least..

Cable slides in early trade; barrier interest noted

True indeed. USD/NOK is an excellent SHORT trade when things are going well globally and also a nice LONG trade when there is turmoil. Good article. For me, nether the Swissy nor the Yen are true safe havens, but the reflexive character of ...

The Krone as the New Swiss Franc? Not So Fast