EUR

Mauldin:
For the euro to survive, one of two things must happen. Either the Germans (and the Dutch and Finns and French) decide to back the concept of some sort of eurobond financing of the balance sheets of the peripheral countries, OR there need to be massive write-downs of insolvent-country debt and the various countries need to backstop their banks, because bank losses will be massive.

The latter is the topic of the afore mentioned leaked top confidential strategic plan.
On a rough caculation Eurobonds are cheaper.

This is the trade that got me interested in their analysis:

They shorted MS on Aug 1 and they have netted 27% in August alone.
http://capital3x.com/?p=224
http://capital3x.com/?p=278

i managed to get a long position yesterday but missed the bottom of eur$14330:( my entry was @14360 and my exit was a bit early @14431-618(1hr) then started to short it once it was close to my 786-14453-short again @144856-127.2(retr) an have another short@127.2-14515(expa level)+161.8(retr level).plus on my 4hr14531=127.2expan level)so lots of short term resisbut having the eur close the week strong i think were goin to test atlest 14515-14531 area, only trading small blocks average price on eur$14462x3..ok gl guys:)

bummer.. and i missed all this excitement all together.. looks like few might have been whacked hard by those 1h candles, eh?.. its range trading on steroids.. obviously big boys are doing it now.. so lone ranger.. it might time to look for another trading method and new nic..:-)

You should tell Alaidi this.... The one that told me he didn't see a big decline in CHF/NOK when it was at 7.4-----and EUR/CHF at around 1.08.....
Told me to short EUR instead. Thanks to him, I lost 200.000 NOK and more to come probably.
How is his EUR/USD short going now? Huh? Still rising, I guess...

Never listen to this guy when it comes to risk currencies.
And how the hell can you talk about the NOK as risk currency? Huh? When the JPY/NOK was at around 7.56 last autumn, the stock market had tumbled worse.... how is it now? Around 7.00-----
And how about the USD/NOK that only have been declining..... how is it now? Last summer 6.7 now it is around 5.4.
Short the hell out of the "safe haven" currencies...that is my opinion... Go NOK! And do not ask Ashraf for his super loooong trading ideas.... anyone can be right if they set a target without any timeframe.....
This is all bullshit and lotto.....
:(