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Posts by "macrosam"

189 Posts Total by "macrosam":
184 Posts by member
macrosam
(United States)
5 Posts by Anonymous "macrosam":
macrosam
United States
Posts: 190
14 years ago
Apr 23, 2010 18:46
In Thread: EUR
I am positioning for a huge, huge gap down on Sunday. 200-300 pips down.
macrosam
United States
Posts: 190
14 years ago
Apr 22, 2010 15:23
In Thread: EUR
I smell barrier/knock-out options waiting to fail. They are fighting for their dear life, but alas, one cannot stand in front of a freight train holding up a garbage can lid as a shield.
macrosam
United States
Posts: 190
14 years ago
Apr 22, 2010 15:15
In Thread: EUR
I covered just because my target was hit but I'm ready to re-enter
macrosam
United States
Posts: 190
14 years ago
Apr 22, 2010 12:33
In Thread: EUR
Thank you for your insights! I love this board. So many different perspectives and experiences. This only makes us better MACRO traders.
macrosam
United States
Posts: 190
14 years ago
Apr 22, 2010 11:43
In Thread: EUR
I suspect that is exactly what will play out and don't bet on EUR/USD staying above 1.3000. Before the issue was solvency but the market priced in implicit liquidity guarantees. Now they are realizing that liquidity is in jeopardy. The existing austerity measures are unacceptable to the Greek populace nevertheless any imposed by the IMF, you've seen a myriad of strikes, recent outbreaks from the Revolutionary Struggle (EA) members, the impact of the volanic ash from Eyjafjallajokull and the sword of damocles in the form of Katla. From a politicians perspective, he has no choice but the restructure or default, less he wish exile upon himself from his own country.

And this is just Greece. The others wait in line.
macrosam
United States
Posts: 190
14 years ago
Apr 22, 2010 2:34
In Thread: EUR
My apologies then for wasting your time.
macrosam
United States
Posts: 190
14 years ago
Apr 21, 2010 19:53
In Thread: EUR
intraday ascending triangle, let's see which way it breaks
macrosam
United States
Posts: 190
14 years ago
Apr 21, 2010 15:14
In Thread: EUR
From a bird's eye perspective, I cannot see any other outcome other than:

1) debt restructuring

2) default

macrosam
United States
Posts: 190
14 years ago
Apr 21, 2010 12:59
In Thread: EUR
Hey guys, I heard that Greece could activate the aid before talks end. But maybe they won't. Or maybe they will. No, they won't. Yes, they will. We have a gun on the table. No, we don't. Please lend us money.
macrosam
United States
Posts: 190
14 years ago
Apr 21, 2010 2:29
In Thread: EUR
In the 1.3280 area