DislikedI'm short from here, with a 100 pip SL. All negative US news, and under expectations.Ignored
Here's a more succinct explanation:
http://www.forexfactory.com/news.php?do=news&id=58055
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DislikedI'm short from here, with a 100 pip SL. All negative US news, and under expectations.Ignored
DislikedI'm not sure it's quite that simple. The news may be 'bad' and way under expectations, but this makes it much more likely that the Fed will intervene to stimulate the economy by cutting rates, so the market needs to price that in. I suspect that pessimism will win out eventually as the penny begins to drop, but we could still go higher yet.Ignored
DislikedThis is nuts! Housing numbers came out negative and DOW is still holding on to its tripple digit gain. Need some Karmo patience pillsIgnored
DislikedA clear Bearish Bat with the target zone reaching to the Weekly R1 and 228 level - or at a stretch, last Tuesdays high at 228.32....time to book some profits and look for a pull back to work off the overbought situation?Ignored
Dislikedjust my 2 pips,
we almost hit the 50% retracement (226.90 area) from the down move from 232.40. i think we may see a 15min 5 sma touch then another leg up before announcements. a strong break and hourly close above 226.90 could extend to 227.84 (100ema) to 228.25 (61.8% fib). but as usual the news and DOW will play a big part. i missed the initail move but might jump oin on a 15 or 30 min 5sma touch. just my opinion for a bull scenarioIgnored
DislikedMan, this is a great Wednesday. I wake up to +350 floating green pips. Going to look at the charts now, moves this fast makes me nervous.Ignored