For those who don't know - govno means shit in Russian.

EURUSD

Hard to say - 1.35 seems to be a strong resistance so far.

EURUSD

Oil is up sharply - EU is to stay firm at least til oil drops... stay tuned.

EURUSD

Fundamentally, I see the primary reason for the dollar's slide as the fear of U.S. treasuries selloff. After all, when T-bills are in such demand at 0% yield, questions arise as to whether they're overbought. Nonetheless, should global equity ...

EURUSD

Sure looks like it, doesn't it? Add to that, EU is only down 10% for the year, while GU and AU are both off 25%. All the more reason to short.

EURUSD

No worries here. Both EU and gold are overbought and are liable to correct. EU is still in the ascending channel on the 30 min chart, but needs to come back and test the lower boundary.

EURUSD

All aboard the short train, departing for 1.2880!

EURUSD

1.50 seems possible today - this is starting to look like another big up day for Wall St.

Cable Update (GBPUSD)

Actually, we may have reached a short term bottom, with bad data coming out of Canada recently, as well as possible BOC rate surprise to the downside.

USDCAD trend reversal?

A classic, indeed. I started shorting too soon, so it didn't quite work out that great for me, but all in all a wild day for the pair. I think there's quite a bit more downside ahead here though.

USDCAD trend reversal?

Possible double-bottom forming on the 30 min chart.

Cable Update (GBPUSD)

Wow, things are not looking good down under. Next quarter GDP is surely poised to be negative. Any views as to further direction of AU, i.e. is it heading back down to 6000-6200 range, possibly even lower?

Aussie Pairs

A big drop in the Dow??? I think you meant yesterday. Take a look at the futures today. DJIA should close 400-500 pts higher today, conservatively. This is a truly big payday for me as I expect to make at least a 30% increase in account value ...

EURUSD

This is truly incredible, Dow futures are down 550 points already... I'm sure glad most of my money is in FDIC insured accounts.

Cable Update (GBPUSD)

Black Friday, here we come! Looks like the reasoning nowadays is - the higher the nation's interest rate, the more cuts to expect, the weaker the currency. Can GU reach parity by this time next week?

Cable Update (GBPUSD)

Sure, as soon as G.W. Bush becomes president for the third term.

Cable Update (GBPUSD)

This is insane - gold under 700, oil @ $64.5, EU @ 2 year low. Forget it, no support anywhere in sight.

Cable Update (GBPUSD)

Guys, look at the charts - GJ is down over 1200 pips in one day!!! And the dollar is way overvalued but it is THE shit now... who can possibly trade in this kind of environment?

Cable Update (GBPUSD)

I have seen up to 80 pip spreads on AU IDEALPRO sometimes lately... I don't see any reason to trade the rest of this week unless you don't care whether you win or lose. Wait, I'll take that back - buy gold in small increments, all world currencies ...

Aussie Pairs

No. I thought 6 mini-lots wouldn't kill me before I went to bed as I was only down some 20-30 pips at the time and it looked like it was flattening out... the thing imploded just as the markets opened Monday morning. Well, I'm gonna lick my wounds ...

Aussie Pairs