whats up with .3360 level on euro$ . price doesnot want to pass there ?
this ranging is killing me

now we know why it never wanted to go higher...sad i caught a little of the sell -off.

Spain CDS smoldering today. Back to Nov 28 2011 levels. Portugal too looks 'fine'. Sparta is saved, but hopium effect has run out. More hopium required

Now waiting for Greece bondholders that refused to be subordinated by ECB to start the lawsuits cat fight

A USD rally is coming soon... Watch out as risk trade takes a beating... April is poised to be a sellside month for global stocks and commodities. The Italian and Spanish equity markets look very bearish to say the least. And as expected the ugly Nikkei bull rally on very weak support (volume fumes) has reversed with a thud.

Closing position 2 NZDCAD short at market. Short was taken @0.8310 back in Feb 29 2012. After 2 months CAD bulls have been unable to break the 0.98 floor on USDCAD. Looking at the USDCAD weekly chart, the objective of USD bulls is to target 1.0220 after breaking the falling trend line since Nov 20 2011. CAD bulls have run out of steam and worse commodities look poised to sink lower. That should see AUS, NZD and CAD bulls take a beating soon.

New trade - lot size 0.2 USDCAD long @1.0010. Objective open for now and testing for strength before I take a larger position. This position is based on the weekly chart.