I've been grabbing some high leverage shorts here and there. If anyone is interested I can post these.
- #11,723
- Apr 9, 2014 3:20pm Apr 9, 2014 3:20pm
No need to wait for FOMC when the market or whoever moving it decided the direction already by breaking from Sunday all supports possible that were supposed to hold for a possible bullish movement to continue past week up move. Starting from 1.2210-15 to 1.2205 to 1.2195 and now 1.2189(all turned resistances, any up move must gradually remove these from the way), had been struggling exits for some gains like cat and rat escape running game..
Only left one is 1.2170 that I relied on to heavy long 1.2173 this BS pair for a 1.2220s TP first.
No follow up is the repeated story of EC. I believe 1.2170 will hold until next week least, break of it and the focus is back to 1.21
EC moving like UJ and UC, same long term supports hit. I don't think there's a decision to break more downward for the time being, more ranging for weeks coming. BOJ holding stimulus and the Yen strengths dramatically, as if the market movers believe stupidly that stimulation is forever or else they have the freedom to long the Yen
Only left one is 1.2170 that I relied on to heavy long 1.2173 this BS pair for a 1.2220s TP first.
No follow up is the repeated story of EC. I believe 1.2170 will hold until next week least, break of it and the focus is back to 1.21
EC moving like UJ and UC, same long term supports hit. I don't think there's a decision to break more downward for the time being, more ranging for weeks coming. BOJ holding stimulus and the Yen strengths dramatically, as if the market movers believe stupidly that stimulation is forever or else they have the freedom to long the Yen
Trade according to current market condition, not what you think would be.
