usd is seriously..taking the cake!!!
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Better-than-the-wormhole 555 replies
Dislikedsame trades..long term investment now..lol
thats why i havent posted anything..
worse trade of my life all due to trying to increase risk exposure..the joke is i did it knowing i was going against the main movementIgnored
DislikedNice.
If the PA is clear, im building long setup next week.
Today we met the Weekly LTL.
Next week will be interesting. Im kinda hoping next week will be a bullish week.Ignored
DislikedNo question that the major trend has shifted now that the H4 is fully trading below the strong 4055 resistance level & that the monthly long term trendline is being heavily challenged.
However, the dx still needs to clear the 76.72 barrier before bears can feel comfortable. Don't think I'd want to take a trade on Friday where it had tanked the whole week, can be very risky.
I/d trend is atm bullish with the H4 level @3975 being the immediate target.
Don't hesitate to shift gear & short below yesterday's low if you're planning to trade...Ignored
Dislikedyes, I'm looking for an hourly close below 5970 for cable. If that happens, I will sell for 5640 target. But, it's either cable or euro I will trade, whichever setup comes first. Won't trade bothIgnored
Dislikedu and me both..but it would be wrong of me to say long..its very dangerous usd is bullish regardless of everything PA is meaningless in this market
cable is held by its strength and nothing else, very soon euro will hit support and start gaining as well..that is when usd will be in trouble. I understand now why usd gained..because it has too, if the other indexes gain, and usd doesnt its finished
edit:-no man position is not niceIgnored
DislikedGet comfy, dx next big resistance is 77.9 level. Should take euro down to 3300 level before this bloodbath ends .... next week.
Good luck & enjoy the ride.Ignored
DislikedThere is also talk of greece default this weekend if that happens get ready for 1.25! If it doesn't happen, I expect a retrace.
My mate said it's going to happen this year so any rallies should be sold with wide SL. DX bottm'ng too signals big boys are uncomfortable going short the dollar or they know something is brewing.Ignored
Quoting [COLOR=tealDislikedwormboy[/color];4942383]yes ... agreed on the dx is possibly bottoming out, the HTF is forming a huge reversal formation & as mentioned earlier 77.9 break will confirm the validity of the pattern.
Wouldn't want to stand in front of this sucker right now.Ignored
DislikedWB
AMS : There is also talk of greece default this weekend if that happens get ready for 1.25! If it doesn't happen, I expect a retrace.
My mate said it's going to happen this year so any rallies should be sold with wide SL. DX bottm'ng too signals big boys are uncomfortable going short the dollar or they know something is brewing."
Thanks to both of you : WB says E to 33, Ams says 25 : of course if .. such and such happens etc. I see both currencies heading into a bottomless pit and wonder...Ignored
Dislikedit could be a retrace..even dx has to retrace time to time
so the big boys are making a swing point ehh
there is nothing here to show that this is a change of trend, infact the news is showing how much trouble USD is actually inIgnored
DislikedRight you are, Navin. Frankly, I think no one is sure where we are heading - wishful thinking for me at least ! My real wish ? May Euro go to 1.25 - 1.30, Cable to 1.50 and then shoot up : I load up at these levels !! Hip Hip Hurray ! And hold on to your longs - there time is coming ! This may be the last round down for some time. Pray to Gods - there may be more than one - anyone know for sure ? That is why I Pray to ALL of them Brother !Ignored