DislikedFor the most part, over the last 2 weeks, E/U price action has been as follows:
E/U downs have been fast and hard
E/U ups have been slow and steady (with one exception)
Hard moves happen out of 1. Fear/Greed 2. Profit taking
Usually, in the slow times, there has been steady upward pressure.
What does this mean? I'm not sure, but I was fully convinced we would see 1.35xx this month. This slow upward pressure is making me rethink that position. I would be glad to hear any thoughts you guys have on the subject.
Happy trading!Ignored
- Post #112,281
- Quote
- Jun 18, 2009 10:44pm Jun 18, 2009 10:44pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,240 Posts
- Post #112,283
- Quote
- Jun 18, 2009 10:51pm Jun 18, 2009 10:51pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,240 Posts
- Post #112,284
- Quote
- Jun 18, 2009 10:56pm Jun 18, 2009 10:56pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,240 Posts
- Post #112,285
- Quote
- Jun 18, 2009 11:02pm Jun 18, 2009 11:02pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- Post #112,287
- Quote
- Edited 11:20pm Jun 18, 2009 11:09pm | Edited 11:20pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,240 Posts
- Post #112,288
- Quote
- Jun 18, 2009 11:20pm Jun 18, 2009 11:20pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- Post #112,289
- Quote
- Jun 18, 2009 11:21pm Jun 18, 2009 11:21pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
- Post #112,290
- Quote
- Jun 18, 2009 11:41pm Jun 18, 2009 11:41pm
- | Commercial Member | Joined Aug 2008 | 7,691 Posts
- Post #112,293
- Quote
- Jun 19, 2009 12:33am Jun 19, 2009 12:33am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- Post #112,296
- Quote
- Jun 19, 2009 12:52am Jun 19, 2009 12:52am
- | Commercial Member | Joined Aug 2008 | 7,691 Posts
- Post #112,297
- Quote
- Jun 19, 2009 12:54am Jun 19, 2009 12:54am
- Joined Apr 2009 | Status: Member | 4,214 Posts
- Post #112,299
- Quote
- Jun 19, 2009 12:59am Jun 19, 2009 12:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,240 Posts