LOL, that's what I love about Forex. Warren Forex gives a detailed/extended summary on why USDJPY will go down, and the very next post is Jerry with a brief long position post. --Still Laughing--
- #7,343
- May 28, 2008 3:32pm May 28, 2008 3:32pm
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
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- #7,345
- May 28, 2008 3:49pm May 28, 2008 3:49pm
That is what I look like except I have three more teeth. I still have my doubts about anything past 105.10
We shall see. New Jobless Claims at 8:30 AM EST
Bruce
- #7,347
- May 28, 2008 6:41pm May 28, 2008 6:41pm
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
yes i have some doubts now too , let see..
Why ? Just because the trend is up because it is over 104.70 now and not below 104.40 !!!
I do not think so for many reasons !
Reason One : How can the Technicals KNOW what the Dow will do tomorrow if New Jobless Claims are OVER 400,000 ?
And if it is that send the Dow down at least 100 and USD/JPY below 104.40
It means it should based on what ? I understand but disagree. Exporters and Importers decide that among other factors.
We shall see as we await new developments
Bruce
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- #7,348
- May 28, 2008 7:05pm May 28, 2008 7:05pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #7,351
- May 28, 2008 7:07pm May 28, 2008 7:07pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #7,354
- May 28, 2008 8:00pm May 28, 2008 8:00pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
long +21 so far Nikkei seems irrelevant today 
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #7,356
- May 28, 2008 8:05pm May 28, 2008 8:05pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #7,357
- May 28, 2008 8:09pm May 28, 2008 8:09pm
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- #7,359
- May 28, 2008 11:32pm May 28, 2008 11:32pm
- | Joined May 2008 | Status: Nudist | 1,098 Posts
Bearish divergence is screaming at me SHORT BABY SHORT
Keeping a close eye on gold and oil, in-case it decides to foil my plan.
- #7,360
- May 29, 2008 12:35am May 29, 2008 12:35am
Short too @ 104.90.
Bearish divergence is screaming at me SHORT BABY SHORT
Keeping a close eye on gold and oil, in-case it decides to foil my plan.