I felt like rewarding my account balance for my efforts

EurAnalysis

Rising channel (RCH-1) resistance is holding. Spike bounced off the previous falling channel resistance. Nobody like the Euro NY open in 1 minute .

EurAnalysis

I am waiting till NY open

EurAnalysis

no I only closed 2 of them with medium lot sizes. I still have a large short at 1.3373 and I am looking to short again before day end.

EurAnalysis

I also consider that SP500 rallied for the last 4 days with decreasing volume. Not a good sign. Before end of day, I will be looking to short again. .

EurAnalysis

German DAX completes wave 5 of bear flag... .

EurAnalysis

This news is USD positive so I am not looking for a huge rally in EUR/USD It is USD positive it reduces the chances of QE3. Obviously a rally in the equity indices counters that. Therefore it is somewhat balanced. Euro is still in the outhouse. ...

EurAnalysis

Get that nuclear explosion YouTube video ready to go

EurAnalysis

Political division clouds EU bid to aid banks .

EurAnalysis

Nobody knows what or why but I expect the numbers to come in above zero but below expectation due to an upward revision from last month's zero number. Take a look at this post... http://www.forexfactory.com/showthread.php?p=5019145#post5019145 ADD: ...

EurAnalysis

you mean like this? http://www.youtube.com/watch?v=ziNvB-JVi9k

EurAnalysis

The weekly candle only applies at final print. Let's see what it looks like on Sunday night.

EurAnalysis

Again. That is the current correlation and it is long standing. But it does break under extreme fundamental shifts.

EurAnalysis

Ahhh sorry. I now understand what you mean. Yes Boost USD mens EUR negative USD loss = euro positive It's all about correlation. But not to worry, CAD is not significant. It won't last long.

EurAnalysis

Nope. I really meant USD small loss as in boost CAD = boost euro

EurAnalysis

Exactly. Not a very good deal at all and that is why we taxpayers are going to end up paying the price for those countries who do not know how to manage their budgets.

EurAnalysis

CAD employ,employment number coming in. If it is bad, it will give the USD a small boost. UPDATE: It came in much better. USD has a small loss

EurAnalysis

No Aaron. The banks are not over-leveraged. They are just holding very high risk credit. If that credit has to be written down, then they will be over-leveraged. That is where the taxpayers come in to save the day so the bank can still make its ...

EurAnalysis

Nope. It is unlimited but the bank has to have the collateral to back the loan. Even Greek bonds are good collateral for the ECB. That is why the ECB may lose if one or more of the banks fail. But then the ECB will recover that loss by taking the ...

EurAnalysis

Good one mla

EurAnalysis