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Thanks Guru. Just paranoid whenever there's any mention of tax on wall st.

CNBC's John Harwood(Wash correspondent) on "value added tax on wall st."(something Erin Burnett reminds him of making traders nervous) - LIKELY to happen in the long run in this country but mybe not for another year or two. Is this same as transaction tax...

NoDoji, I know you are for real only because I trade pretty much the same way you do. Your entries are pretty basic stuff, but your ability to max out the potential of a trade often with full size still on is very impressive. I also know there are many other great traders on this site using a...

ya, think EUR is ready to pick up more steam to the downside.

I really don't care which way it goes as long as we continue to get good movement and range. Let's hope fx action doesn't turn into what the indices are doing-dead.

I think the CHF intervention put the top in for this counter-trend for the EUR as well and the potential for discount rate hike favors downside break soon.

Kaplan's views are corroborated by the two people I find most consistently accurate in their analysis of what's really going on in the economy- Michael "Mish" Shedlock and Meredith Whitney. I'll take their views over Jimmy C, James A or any one of the pundits on CNBC any day. And I do...

I think if the overall fx complex was in an uptrend I would say definitely. Here, it's a coin toss but should at least get partial retrace.

I think it's certainly good enough for a short term pop, and if you went long you can try to hold for the monster breakout. But I don't think it has quite broken-out yet.

They get Sunday trading started at 2pm(Est)ish with 10 pip spread on Euro. This gap is gonna close, just matter of when.

Oops sorry G I meant 1.352

The quote had it 1.5215bid 1.5225ask Something like that Anyway, it's about about a 100pip gap up from Fri close so far

Oanda. 1.3482ish Spiked as high as 1.52ish

Guess short squeeze is on. 1.3495 now.

VERT CMRC NSOL INSP RNWK VIGN... :) I remember CMRC starting from 150 or so up $50-$60 a day for 5 days straight. Wasn't a fulltime daytrader then but man oh man was it fun to watch.

The only thing that can push the Euro higher from here is that EVERYBODY is short it. I just don't think this is enough tho.

If your method involves catching bottoms/tops, your win/loss is inherently going to be low(unless you don't use reasonable stops and without that you're an investor). This has to be acknowledged and must be compensated for by having outsized wins on the trades that go your way. You have to take...

Some people might scoff at this, but outside of technicals, if there is one person worth listening to to gauge fundamental forces driving the markets it's Meredith Whitney. She sees 10-15% drop for financials from near current levels and she projects this for the braoder market. She has been...

1150 more or less holds, 1070 ES target.

A monster reversal is coming http://pragcap.com/insider-selling-hits-new-2010-high