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PipTrapper commented Aug 27, 2011Okay Mima calm down. Nobody is accusing anyone of anything. AaronWard was simply pointing out the sentiment of some people in Canada who are wondering if the USA will ever target Canada should they feel the need to go to war again. It is not so far ...
Bernanke’s Cry for Help
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PipTrapper commented Aug 27, 2011He certainly has good reason to cry. The Fed is firing all its bullets at the roadblocks to growth and the politicians keep creating more stumbling blocks through their grandstanding and childish partisan games. It is definitely the politicians who ...
Bernanke’s Cry for Help
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PipTrapper commented Aug 26, 2011You are almost right. The pivot is actually at 1.4250. I would look for a daily close below that to call it bearish. However, remember that there is very strong resistance at 1.4500/50 area with several failed breakouts since beginning of July. ...
EUR/USD’s Loud Noise Causing Whiplash within the 1.4350-1.4450 Range; Breaking to the Upside
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PipTrapper commented Aug 26, 2011This assessment may be flawed due to the impression by many traders and analysts that the ECB only looks at German and French data (The largest EU economies) when making monetary policy decisions. The only consideration afforded to the other 15 euro ...
European Central Bank May Cut Interest Rates As Economy Weakens
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PipTrapper commented Aug 26, 2011and now everything goes back to opening prices. Yet another non-event. The USD strength against the CHF has nothing to do with Bernanke's speech. Let's see if Trichet can move the markets.
No QE3 in Jackson Hole – EUR/USD Ticks Down
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PipTrapper commented Aug 26, 2011Thanks JR. Very appropriate.
Finland Committed to Greek Demands as Talks Over Collateral Model Continue
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PipTrapper commented Aug 26, 2011Can you translate this please?

Finland Committed to Greek Demands as Talks Over Collateral Model Continue
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PipTrapper commented Aug 25, 2011Like I said yesterday, EUR/USD is going nowhere until Friday's speeches by Bernanke and Trichet. Until then, scalp the range (Buy the dips and sell the peaks) or simply watch if you prefer.
Greek 10-Year Yield Rises to Record High on Speculation Bailout May Fail
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PipTrapper commented Aug 24, 2011Euro is not going anywhere until after Bernanke and Trichet spew their politically crafted (hot air and manure) speeches on Friday. Till then it's a yo-yo. Have fun watching or scalping the range. url
Again the EUR fails to weaken!
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PipTrapper commented Aug 22, 2011Perhaps Bloomberg is controlled by Chinese interests.
Euro Traders Put Trust in Trichet
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PipTrapper commented Aug 22, 2011For all of you who are buying Euros, please don't stop as I will not have anyone to sell to. Thanks

Euro Traders Put Trust in Trichet
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PipTrapper commented Aug 18, 2011There is no miracle cure for this situation. More austerity will hurt economic growth. Default will destroy investor confidence for a very long time. Eurobonds will topple governments. Using the EFSF to purchase gov bonds is like borrowing from ...
Merkel and Sarkozy offer no miracle cure for euro
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PipTrapper commented Aug 15, 2011EuroBonds would be another short term patch to a much bigger problem. It's time for a Eurozone finance ministry. Then, and only then, will a eurobond work towards fixing Europe's woes. Nothing else makes sense.
Eurobonds needed "fast," says German export group
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PipTrapper commented Aug 14, 2011Exactly my point Jolly Roger. Thanks for elaborating. I didn't have the time or patience.

The financial burden of the debt crisis could lead countries to opt out of the euro
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PipTrapper commented Aug 14, 2011I really don't care which way this goes. Either form a fiscal union based on the Canadian model (or something similar), or scrap the whole system. (I obviously prefer the former for obvious reasons). Either way we can put an end to this ping pong ...
The financial burden of the debt crisis could lead countries to opt out of the euro
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PipTrapper commented Jun 2, 2011This market is trading simply on speculation (fear and greed) No MacD or RSI can tell you where it is going right now. Save your account and abstain from trading till you see a trend formed strictly by fundamentals. In other words, follow the herd ...
EURO Best of a Bad Lot
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PipTrapper commented May 9, 2011IMHO, NFP had very little effect on the markets because a lower NFP number was already priced in. If you look at the charts, the eur rose slightly against the dollar immediately after the release. The real cause of the market upset was the dovish ...
NFP Astonishing Surprise, Dollar Rises