Well well, what an interesting day.
It looks like the euro is finished now with the margin calls this morning on Italian Debt.
While many bears are getting excited about the down day its more to do with selling every position you have to cover losses or raising money to meet requirements.
Still we are in the Full moon phase and a low to hold of some sorts is on.
Tomorrow there will be a lot of news coming out of Europe good or bad not sure.
This could snap right back or fall .
Is 1222..75 the low to hold too early to say.
When every commodity and currency is getting nail except bonds and dollar, most often that's margin calls.
So read what it is not what you want it to be.
The ECB move was a clue to what could happen.
Missed it !!!!
Looking further in just observations for the Financial Astrology Students.
Full Moon do tend to bring endings, so it will be interesting to see what occurs tomorrow.
Either the crystal destruction of the euro or the ending of the Italian news.
Just observing tomorrow, to dangerous to trade.
Please note no need to trade daily, when its dangerous why risk capital!!
As always use the above as an indicator to you own work.
Cheers
As this is being written 1228.25
It looks like the euro is finished now with the margin calls this morning on Italian Debt.
While many bears are getting excited about the down day its more to do with selling every position you have to cover losses or raising money to meet requirements.
Still we are in the Full moon phase and a low to hold of some sorts is on.
Tomorrow there will be a lot of news coming out of Europe good or bad not sure.
This could snap right back or fall .
Is 1222..75 the low to hold too early to say.
When every commodity and currency is getting nail except bonds and dollar, most often that's margin calls.
So read what it is not what you want it to be.
The ECB move was a clue to what could happen.
Missed it !!!!
Looking further in just observations for the Financial Astrology Students.
Full Moon do tend to bring endings, so it will be interesting to see what occurs tomorrow.
Either the crystal destruction of the euro or the ending of the Italian news.
Just observing tomorrow, to dangerous to trade.
Please note no need to trade daily, when its dangerous why risk capital!!
As always use the above as an indicator to you own work.
Cheers
As this is being written 1228.25
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