Disliked[font=Calibri][size=3]Several years ago I had the idea I was going to be a rounded trader. Using technical analysis with an understanding of fundamentals how could I go wrong. I would hear some news and from a fundamental view the price would have to go certain way. After losing my ass over and over again wondering why the markets didn’t react the way it was supposed to I gave up on trying to will the markets. It’s like hitting your hand with a hammer; it sure does feel good when you stop. For what it is worth I would rather take money from the...Ignored
[EUR/DLR] yesterday fell to 1.3463 after Greece's deputy PM Pangalos said Germany seems to be happy with Eur weakness to drive their exports higher, and Eur has no meaning if Greece bailout plan is not decided quickly, then rebounded 1.3569 amid ECB Trichet's comments Greece rating will not be downgraded, the ECB accepts Greek bonds as collateral, Greece cannot exit Eur from the legal viewpoint, and financing is the only option. Rebounding stocks also lent some support to the market. The market gets nervous ahead of EU summit meeting on Mar 25-26. Hedge funds are buying back the Eur/Dlr in an effort to give boost to gold (they are long gold), so the pair remains supportive below 1.35 for the moment. Bids are noted below 1.3500. Greece central bank says in its 20009-10 financial report 2010 growth would be -2%.
those who can, do. those who cant, talk about those who can