It's Friday, anything could happen
Pbh
Pbh
EurAnalysis Kindergarten 24 replies
DislikedHah, If we get such a candle, I think it would mean that the train started with full power. Falling star (on H4) after so great risk-on Friday? Would be perfect sign that bulls are leaving for the weekend and don't plan to show up much during next week... I am not adding anything, just holding what I have and praying that I was not wrong .Ignored
Dislikedthere is this guy in the news room...his name is tranco...he likes the Euro...Ignored
DislikedThat's because he is Greek and he prefers it to the Drachma. Can you really blame him?
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DislikedI'm about to figure out if Euro would marry to me. Waiting for it's answer above 1.3520Ignored
Dislikedstay tight with longs on the euro. This upward correction is exhausting.
If it rallies up from here it cannot go far. 1.3550/60 maybeIgnored
DislikedI think this is a bit like yesterday, not that I have been right about much. Yesterday the ECB announcement the Euro initially went down, then bounced a couple times, then rallied. I am of the opinion that today will do just the opposite. Up sharply on the US employment figures, which really weren't that good, and as the new digests along with a lower than expected Wholesale inventory build, we get a big move to the downside and the US market sells off. My indicator for this is the huge move in Silver which may have over corrected a bit up to...Ignored
DislikedOh, and everyone but Greeks hate the Euro. So if we don't get a big downside move this afternoon heading into the weekend AND I expect a gap downwards after the Euro leaders screw up this summit again proving they can't coordinate to tie their shoe laces on the same day.Ignored
DislikedI am Short 1.349 and if that goes the other way, I will lick my wounds and regroup for next week.Ignored
DislikedI think this is a short-squeeze-Friday, downside gap after the weekend possible but unlikely, could imagine down on Monday or TuesdayIgnored