- #373,242
- Jan 26, 2011 1:43pm Jan 26, 2011 1:43pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #373,248
- Jan 26, 2011 1:51pm Jan 26, 2011 1:51pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #373,249
- Jan 26, 2011 1:53pm Jan 26, 2011 1:53pm
Well, FOMC statement is bearish for $. But I think market will sell the news and we will rally down on e/u just like in nov 2010 after QE2 was announced.
BTW
For 2 years fed has been trying to create inflation, and it seems that they have failed. So maybe its time for consensus to turn into deflationary
BTW
For 2 years fed has been trying to create inflation, and it seems that they have failed. So maybe its time for consensus to turn into deflationary
- #373,250
- Jan 26, 2011 1:55pm Jan 26, 2011 1:55pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
higher highs and higher lows is whats needed to build the formation. so don't use it as a blanket statement. #372477... they also work in a trend resumption (lower) or reversal or just a pullback.. it has since poked through the bottom a few times. fomc news may have stunted it. but it has not broken it to the north side.. there are 2 lower tl in the chart. we poked one days ago.. i was told i had a bias. maybe, but aint blind.
I, personally have been biased short and have not had an entry all week. It is what it is.
- #373,252
- Jan 26, 2011 1:56pm Jan 26, 2011 1:56pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
I don't think so, it will go up again.
watch 1.5810
After all it's my own view
G/U
C what i mean , No surprise If daily close Around 1.5810
- #373,257
- Jan 26, 2011 2:01pm Jan 26, 2011 2:01pm
- Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- #373,260
- Jan 26, 2011 2:03pm Jan 26, 2011 2:03pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
lets see
