Obsidian

Greek sex industry battered by economic storm.... RPT-Greek sex industry battered by economic storm | Reuters

somebody defending 1.530 level?

like professionals in mf global and jp?:rofl:

I think a professional trader would stick to the rules and never risk the money that he/she can't afford to lose;)

Speculative Investors' Bet On EUR's Fall Hit New Record High Speculative traders on the Chicago Mercantile Exchange broke the $28 billion record high for their bet on the EUR's fall, data from the Commodity Futures Trading Commission showed on Friday. Traders increased their open short EUR position by 12% from a week earlier to reach a net of $31 billion as of Tuesday. The single currency lost over %5 against the US dollar on May so far due to the concerns over the possibility of Greek exit combined with the disappointing outcome of the EU summit on Wednesday. But FX strategists at Barclays Capital and other banks warn from some short EUR covering in the near term due to this overstretched short position. "Should data or headlines surprise to the upside, safe heaven long are likely to see some unwind," said BarCap in its weekly FX note. The bank recommends to fade these possible temporary spikes. Traders also added heavily to their open long USD position as they increased their bets on the dollar rise by 25% from a week earlier to reach a net of $35.3 billion, according to the report. CFTC's data also showed that traders increased their open short CHF position by 30% from a week earlier to reach a net of $4.6 billion. They also decreased their open short JPY position by 47% to reach a net of $2.8 billion, the data showed.

I do not think trading depends on talent...Education, Practice, Availability make things different...

2 year & 10 year treasury notes:

Weekly charts: EUR-GBP-CHF-CAD-JPY-Gold-Silver:

AUD/CAD weekly chart a bounce towards 1.0250 may give a chance to short

if you are trading with money you can’t afford to lose, you are not a trader, you are just a gambler

guess this thread would help you: http://www.traderslaboratory.com/forums/tools-trade/11766-basic-specs-trading-pc.html

What does cause fear? from what I've seen: -lack of knowledge -lack of experience -trading with high leverage learning how to ride a bike does not mean you will become a famous champion;)

Summary of open orders and positions:

we may visit 1.2850 if can't pass 1.3050...gonna watch these levels for a breakout...

Japan Nationwide CPI

GBP/AUD Weekly... will be looking for 1.69 with a stop around 1.5850

EUR/CHFspike = There were rumors earlier that the Swiss are preparing to impose negative interest rates on deposits.

weekly is bearish...4h chart is flat...

weekly jobless claims.......

Summary of open orders and positions:

just use the clouds part...i.e. trend is up when prices are above the cloud, down when prices are below the cloud and flat when they are in the cloud... here is a weekly s&p chart..attached clouds and 200sma

new home sales...........

Summary of open orders and positions:

existing - pending home sales:

Summary of open orders and positions: