Congratulations all EURUSD buyers above 1.3400

I thought the rally was caused by Australia being raised to AAA by Fitch. Do you know if there was any other reason for that rally ?

Btw, you are a master of sarcasm ...haha

edit: it was italy's auctions going through and not failing, i see. Goes to show how much the market wants to rally on a whim of not bad news.
 
Italy's auction was hilarious. Though not failed, the yields are unsustainable, and somehow this is good news. :)

Sell all rallies.
 
I went long at 1.34348 a little bit ago. I have a Break even trailing stop in place.

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Euro related news-rumors are dominating the markets so it won't be a surprise if EUR/USD reaches 1.3650/80. Close below 1.3300 would change things though.

Important things to watch:
Dec 2: German Merkel to give speech on debt crisis
Dec 5: Italy PM Monti to present new austerity measures
Dec 7: ECB 3-month Dollar tender
Dec 7: Portugal sells 3-month T-bill for €750mln-€1.25bln
Dec 8: ECB Governing Council meeting
Dec 9: EU heads of state summit in Brussels
 
Quote from DT-waw:
11-29-11 07:12 AM
for your orders and blind optimism:D
More...

You should be approaching break even or better about now.

The 1.3420 area seems to be worth watching.
 
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