Well that was another stupid day

Greece was again the major topic of the day. I tell ya this Greek thingy is beginning to wear thin, I would almost prefer to watch re-runs of Days of our Lives than sit and watch this crap. Not really anything more to say than the USD  is  a little  weaker across the board with the Risk-on crowd back from hiding under their desks... Really now, nothing has changed..yes the greeks  will not default and they will have  a  good  bid to cover ratio on their future bond acttions ..only  cause  they  will  be  paying  2-3 bp over bunds...but we have yet to see what the Greek population does in the face of such big cuts in expenditure  and  how  the  Greek  government  will manage its  now open book of accounting horrors.


Technically we have broken a few short term supports  and  resistances but with BoE, ECB and Non Farm´s to come....we still have a long ways to go before  its  Beer-o´clock friday afternoon..

Trading wise its  probably best to sit tight and not eneter any new trades  here, rest of our trades  are ok with exception of silver which is in  a  little DD but  is  within cooee of  our  entry. I will monitor it overnight and advise if I close it.

Have  a  great night or day..