EUR

In a economy thats headed for a doom even thought after just initially. It is very easy pick faults in any direction you think off. But for traders its very important to realize the difference between economy and markets price levels. Most people here I see keep confusing the two. The job is to keep it simple for max output.
We already knew QE is inevitable and I have been ranting about it all along, so you know stocks knee jerk reactions are over now. Most brokers will be lifting up their skirts now to find themselves buyers at any level seen in the next couple of days. Interesting will be tomorrows Asian stocks reaction, how they react to the new trends.
Dollar will be favored to be dumped across the board in the next coming days, as soon as offshore account start their short termed liquidity injections to curve trades in their favor. Inside trading will pick up and there will be no way to stop the liquidity ahead.
Markets will remain fairly predictable as long as you can discipline to work along with the wider macro. Look for sentiment to change and policy makers to come out to make more useless statements.

Indeed, if you are "right" too early, you can enure a lot of pain. This is a manic depressive period in the market, so each day can bring major mood swings and surprises, time to be nimble.

Expect the market to drop when you expect it the least - the same goes for eurusd

Hi,been in spain for last 10 days,was quite surprised to find it still there and much as it was a year ago,there is still a recession,money is tighter than a few years back but not the disaster I had expected to find.I have been in and out of spain since the 70s and seen it much,much,worse,it will never be germany,it is a peripheral part of the euro ecconmomy and probably will remain as such.However people are used to hard times here and are coping pretty well,much better I would expect than in certain areas of the US?