Trade Idea Central Monday May 21st
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
If you’d like to share your trading ideas with others, or update existing strategies, then please do so in this thread.
USD/JPY sitting near important support
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
The 61.8% retracement of 76.00/84.15 comes in at 79.10 Dealers expect some BOJ activity below 79.00 Option-related stop-loss selling seen below 78.95
Hedge fund positioning: EUR/GBP, AUD/USD, USD/ZAR
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
Latest reports from Prime Broker sales desks show the professional trading market to be heavily short EUR/GBP, though not panicking, still looking to sell AUD/USD and piling into long USD/ZAR positions.
Press: Schaeuble Still Sees Chance To Keep Greece In EMU
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
BERLIN (MNI) – German Finance Minister Wolfgang Schaeuble said in a newspaper interview published on Sunday that an exit of Greece from the Eurozone can still be prevented. Asked by German weekly Bild am Sonntag (BamS) if this is still possible, Schaeuble said: “Naturally!” He stressed at the same time that it is key that Greece sticks to the budget consolidation and reform course agreed with the European Commission, the European Central Bank and the International Monetary Fund. Meanwhile, German weekly Der Spiegel reported on Sunday that Schaeuble had proposed at the Eurogroup meeting last Monday that Greece should hold a referendum on its Eurozone membership together with its national elections
German press: FinMin still sees chance of Greece staying in EMU
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
Schaeuble has not been particularly sympathetic to the Greek plight over the last two years but he does still hold out some hope that Greece might stay in the EMU, according to 2 German press reports.
EUR/USD trading strategy update
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
Last week for the first time I posted a trading idea from a professional technical trader out of Singapore , and he has now adjusted his levels slightly. He went long at 1.2660 and has raised his stop-loss sell order on the entire position to 1.2615, keeping his profit target for now at 1.2950, which is a risk-reward ratio of 45/290.
Rightmove May UK House Asking Prices Unchanged On The Month
mayo 21st, 2012 12:57 AM | Flash Forex | No Comment
LONDON (MNI) – New seller asking prices failed to rise in May for the first time since the start of Rightmove’s House Price Index. According to this month’s index, the average asking price of property remains unchanged on the month and is up 2% on the year
UK house prices show no change
mayo 21st, 2012 12:56 AM | Flash Forex | No Comment
Latest Rightmove house price data shows that house prices remained unchanged last month.
Nikkei opens flat, Kospi +1%
mayo 21st, 2012 12:56 AM | Flash Forex | No Comment
Early Tokyo is joining in the EUR short-covering rush with EUR/USD back at session highs near 1.2785.

