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http://www.bloomberg.com/apps/news?pid=20601087&sid=a_r8.464daMk&pos=1 According to this, they need money by May 6. Haha, I shouldn't laugh at this situation but Germany needs to vote on it before. Ahahahahah, this is such a touchy situation.

http://en.wikipedia.org/wiki/1997_Asian_Financial_Crisis lol, they say Asian countries started to recover in 1999. They say it started in 1997. Oh boy.

I wanted to ask a question to the fundamentalists. When they say by the time you hear the news it's already too late, how do you time that? Do you try to get in way before the news is really bad (or good)? I remember back in 1998 when they spoke about the Asian Crisis for 6 months before it...

If it breaks out to the downside, yeah, I can see it going down further. By the time it would hit 1.36, you'd have time to re-assess the situation. EDIT, I'd have to add though that if it does break out to the downside and some sort of positive news does come out, then a lot of shorts would...

Oh, I'm not implying I wanted to go long. I'm just saying the EU is probably going to continue to try to find ways to fight the negative effects at least in the short term. As far as TA goes in the short term, on a daily chart of the EUR/USD, I'm seeing what almost appears to be a triple...

Well, I mean they could announce that Greece is receiving the bailout. It seems to me that would somewhat "calm" investors in the near term which means the euro should go back up when they announce that. Then of course, we could have the same situation again. Bonds will start to go back down...

lol, what do you mean guaranteed to gap down? Don't you mean: "They're going to come out with more news to ass rape the shorts."?

Excuse me, but when did the word ass get involved in Forex trading? I've never seen that term used before. :D

Germany was supposed to come up with 30% of the money and some of the countries that are supposed to contribute don't even have much money to give. And if there's a contagion, they wouldn't be able to bailout many countries at the same time. This situation is COMPLEX and DIFFICULT. Of course...

This is taking so much time. I wish it would just crash already so I could start going long the currency commodities. The way I see it, if the euro crashes and we also have a significant US stock market correction and lower oil prices, then the AUD and CAD will also likely tank for a while...

Yes, not long after posting a message saying the USD/CAD could be a good currency pair to go long, it dove the most in a long while. I'm now tempted to say I want to go long the AUD/USD but of course, once I say I'm doing this, a nuclear bomb will strike down upon the financial markets and...

From a technical point of view, the EUR/USD has gone sideways for several weeks which, yes, may mean the price has stabiliized and is ready to go higher. But, this can also be seen as a consolidation phase that is simply a pause in the downtrend before another leg down. From a contrarian...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aO7Jy523Vq_M They say here they may have to wait until the 23rd to make a decision to allow flights again. But, they don't know for sure if it will stop and resume again and for how long... Well, the next week doesn't look too bright for...

http://www.marketwatch.com/story/dollar-gains-on-rivals-pound-slips-after-debate-2010-04-16?pagenumber=1 cool, I just found more detailed comments.

I noticed something on Friday. The EUR/CAD and USD/CAD did about the same move, which was to skyrocket on the Goldman Sachs news. Then I noticed they've gone down the last several weeks. Does anybody think it would make any sense at all to short the USD/CAD if you think the euro is going...

It's hard to tell how long it will continue to erupt. Now right Greece has until the end of May, 2010 to come up with billions of dollars. Even if they have the money, IMF representatives are going Monday to speak to the Greek government. Greek bonds kept on going down even after news they...

Why in the world would the US dollar actually go up and not down right after Goldman Sachs gets sued by the SEC? Yes, I was watching my platform when I saw the news on Bloomberg. Went down to 1 min candlesticks to see what was happening. The price took off right at the time of the news.

http://green.autoblog.com/2010/04/15/u-s-military-warns-of-oil-production-shortage-by-2015/ Don't laugh. The link there says the US military of all people decided to study this and came out with a report. Pretty darn scary. :eek:

I've never seen rent controls in Canada. I don't know if it's a leading indicator, but I've seen in the job ads and several local car dealers been looking for car salesmen for a while now.

I may continue my post on technical analysis later but does anyone know why the volume goes up every time the euro goes down? I know volume in Forex apparently is synthetic volume (and I don't know where it comes from). But, it looks to me on the chart like the governments are trying to...