If we follow a strict daily trending , PA is currently above 5/8 level, and that is bullish level. Possible top Black Widow gives me is 3824.
Im long again @ 3727
Im long again @ 3727
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DislikedGuys, you might know me as an almost perma USD bear but this move lately really scares me. Looks like short covering for me. Euro bulls be careful, nothing has changed in favor of the Euro, and I have my doubts about this QE2 thing. I'm short here for a target around 1.3250 within the next weeks. It might go up to 1.3820 first but I have my doubts it will go much higher for NOW.Ignored
DislikedGuys, you might know me as an almost perma USD bear but this move lately really scares me. Looks like short covering for me. Euro bulls be careful, nothing has changed in favor of the Euro, and I have my doubts about this QE2 thing. I'm short here for a target around 1.3250 within the next weeks. It might go up to 1.3820 first but I have my doubts it will go much higher for NOW.Ignored
DislikedRead the Dudley speech just came in.
They are already talking about 500b. so we have a sure thing.
You may be right.
Especially since it's a buy rumor sell news event.Ignored
DislikedGuys, you might know me as an almost perma USD bear but this move lately really scares me. Looks like short covering for me. Euro bulls be careful, nothing has changed in favor of the Euro, and I have my doubts about this QE2 thing. I'm short here for a target around 1.3250 within the next weeks. It might go up to 1.3820 first but I have my doubts it will go much higher for NOW.Ignored
DislikedThat's priced in already. I have no doubts that the Dollar will suffer in the long run but this huge move within 2 weeks without any retracement is not normal.
USD/JPY is at insane levels as well. Might spike up really soon as treasury yields can't be stay low forever...Ignored
DislikedGuys, you might know me as an almost perma USD bear but this move lately really scares me. Looks like short covering for me. Euro bulls be careful, nothing has changed in favor of the Euro, and I have my doubts about this QE2 thing. I'm short here for a target around 1.3250 within the next weeks. It might go up to 1.3820 first but I have my doubts it will go much higher for NOW.Ignored
DislikedDJ Dudley: $500B Asset Buy Equals Rate Cut Of 50 To 75 Basis PointsIgnored
DislikedIf we follow a strict daily trending , PA is currently above 5/8 level, and that is bullish level. Possible top Black Widow gives me is 3824.
Im long again @ 3727Ignored
DislikedHey bro
Remember this bro , Unfortunately u stop reply my post
2 July and 6 August 2010
http://www.forexfactory.com/showpost...8&postcount=85
http://www.forexfactory.com/showpost...6&postcount=50
No change to my planIgnored
DislikedI'm with you on that one Xaron, been getting bearish feelings for a week now.Ignored
DislikedBearish feelings are only corrective in nature as EUR is in strong bullish mode. Corrections are imminent. As for intraday we can expect 3619 zone retest ONLY if the pair makes a clear break of 3675Ignored
DislikedGuys, you might know me as an almost perma USD bear but this move lately really scares me. Looks like short covering for me. Euro bulls be careful, nothing has changed in favor of the Euro, and I have my doubts about this QE2 thing. I'm short here for a target around 1.3250 within the next weeks. It might go up to 1.3820 first but I have my doubts it will go much higher for NOW.Ignored
DislikedBearish feelings are only corrective in nature as EUR is in strong bullish mode. Corrections are imminent. As for intraday we can expect 3619 zone retest ONLY if the pair makes a clear break of 3675Ignored
DislikedThat's priced in already. I have no doubts that the Dollar will suffer in the long run but this huge move within 2 weeks without any retracement is not normal.
USD/JPY is at insane levels as well. Might spike up really soon as treasury yields can't be stay low forever...Ignored