Aussie Trading Room and Cartoons Gallery

Me too SL @1.04120

wacthout maybe next target 1.0489-90 or sideway

trade safe guys

yeah I just got out lol

Fu**

She's trying to go up again...*sigh*

No pullback at all for more longs?!

Now this AUD bull is getting a bit pissed that he can't pyramid his positions.

Im thinking there will be a small one soon as the euro has just touched a level gator has been talking about all week and seems to be going down a little from there. ..

based on 4h we have R yesterday high..

What happened? Have they FIXED all of Europes problems?

I didn't believe it was the pending home sales.

BOSTON, July 26 (IFR) - The Bernanke Put has gone global if not wild with ECB Chief Draghi saying he will do whatever it takes for Italy, whoops Europe, to preserve the Euro. Draghi of course has not uttered a detail peep leaving markets knowing only that he walks tall and carries a big stick - SMP purchases could be revived and could be a direct buyer at auctions, more LTROs, an ESM banking license, and finally QE but the Bundesbank will not let them unless deflation emerges (very unlikely given headline inflation that will only intensify with food prices/oil recovery). However we do not think you have to chase the market here preferring to buy dips especially into Q2 GDP (Advanced) on Friday morning, then to be long into (or bailing just before) Wednesday's FOMC Statement. In Friday's US Treasury Outlook we will discuss whether the FOMC is more or less likely to launch QE3 now given the Draghi comments and what the ECB may announce on August 2. In cash S&Ps 1367/1368 should contain the rally into GDP Friday, and for now the bulls would not want to see a close below the mid Bollinger at 1355.

CNBC -

Draghi's Pledge to Save Euro Sends Markets, Euro Higher

Easier said than done!

[quote=DaddyBear;5879276]CNBC -

Draghi's Pledge to Save Euro Sends Markets, Euro Higher

Easier said than done![/quote

The higher it goes the BIGGER the bear. Its coming.

hey papa, what do you think about tomorrow and next week? I see the same pattern as June 29th. Do you think so?

is this the Draghi you're saying?

Hopium is such a rare drug in these turbulent times that when you get hold of it you feel the effect multifold.

Looks like a good chart there CNT. Next week may be very ugly to the bulls.

Where is the Bull? .......

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.

nice

http://www.forexfactory.com/attachme...1&d=1343275114