Hong Kong Banks and Instis - Be Careful!

Yes, we know the EUR/USD funnel just gave through to the downside as we already said it would. Surprise, surprise.

Another comment about Hong Kong...

We have been there alot and continually. Banks, also... banks,... also people who keep the banks kind of going,... and then also banks... Kowloon banks, Hong Kong Island banks, and also... financial institutions, and... well, you get it.

(The harbor and hotels are a funnel directly to the banks for anyone who pays attention.)

Anyway, we wonder what the Hong Kong banks have put at risk in Europe... and we wonder exactly whos (whoms?) money is at risk in the Euro-Zone from Hong Kong banks.

Do you folks wonder? We do.

EUR/USD Asia Trade

How proactive of Hong Kong today! Just do nothing since there is no clue what the Western world will do. In other words, just politically "copy" the brighter folks elsewhere?

We love China and also Hong Kong, but we have noticed a distinct Western (English) political influence on Hong Kong, i.e. be political first and be productive, if necessary, much later.

We think Hong Kong needs to get rid of the Western (European) tendancy toward politics ahead of productivity. Just be closer to true China principles.

Stat Breakout Soon? EUR/USD - "Quick" Study

If so, it will be to the lower, dropping, lower-than 20 period, direction.

But what about the Math for Technicals?

To address long questions with short answers:

Same as before.

Everything follows EUR/USD.

Get the integrals and derivatives as we have shown.

In that way, we trade ahead of time.

No. In this case, there is no transformation of variables required.

X = EUR/USD

Fisherian only please. In that way, we succeed.

We do not beat the supercomputer; instead, we beat the programmer.

EUR/USD Trade Today - Europe Actions

We do not know what the Euro-Zone actions were over the weekend. We will find out in the 60 minutes prior to the US markets opening tomorrow (Monday.)

Of course, we have a pretty good hint from the most-Eastern-Asia starting price action recently.

Here's our guess: There was nothing significant over the weekend because the new-day EUR/USD action was up on low volume (typical... since the US action at COB Friday was up) and then the ratio immediately dropped into the standard 20 vs. 50 day envelope.

One of these days, we want to be wrong about a prediction so that life becomes more interesting...

Watch out for EU weird-news Monday in Europe(!)