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- MTsnowrider commented Jan 24, 2012
Could cause U.S. markets to rally tomorrow.
- MTsnowrider replied Nov 22, 2011
Same here. I'm thinking short squeeze at some point with US traders closing out short positions for the holiday weekend. My only worry is that we may see another leg down when European traders wake up and see the news.
- MTsnowrider replied Nov 18, 2011
After a big run down this week I was expecting to see more of a short covering rally like last Friday before downtrend continues next week. Of course the bears are strong right now, so you may be right about longs continuing to close positions. ...
- MTsnowrider replied Nov 18, 2011
Good technical analysis here! I took profit earlier this week on a longer term trade @ 1.3125 after nice ride up from 1.27. I've taken a few shorts on rallies to 1.3210 area this week. Still looking for more pullback before any break above 3225 ...
- MTsnowrider replied Nov 17, 2011
This thread seems to be a sleeper, but I frequently trade this pair with success. I agree with short term short @ 3200. Overall I think this pair is heading up, but not until after some correction down.
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