I gotta catch some Z's. I closed most of my shorts @ BE+1 unfortunately. I still have a few running with tight SL's but I gotta sleep. THis greece news in a few hours will cause a bump, Im still thinking this is buy the rumor sell the news. I closed my cable short for 45 pips and my other one from last night closed @+100 on stop. That dang australian UE data kind of threw me off.
My idea is just that the news in European countries and general sentiment in certain countries is probably close to how it was here(US) in late sep early oct 08. Everyone is kind of scared with their money to invest I would assume worried about jobs etc...(there are still more skeletons in the closet for other euro countries too) not that the dollar is ""strong" but I just don't see EU strength for too long(short term). Definitely still a retrace imo (medium term).
My idea is just that the news in European countries and general sentiment in certain countries is probably close to how it was here(US) in late sep early oct 08. Everyone is kind of scared with their money to invest I would assume worried about jobs etc...(there are still more skeletons in the closet for other euro countries too) not that the dollar is ""strong" but I just don't see EU strength for too long(short term). Definitely still a retrace imo (medium term).