Bingo!...markets very seldomly take profit at the same time.(during times of unrest) shorts will be covered tommorrow, USD will be broken either in europe tonight or after tics data and bernanke's dovish comments will...
Going to rest a little more, the Eur/Usd looks like another test of the recent low might be in place before spiking up. Looking for 125.20 before a spike up in European/USA session.
I want to point out something important..The inflation numbers will be bad. As the US session nears, get out of your positions before numbers. The volatility on the numbers will take out 90% of most everyones positions. I think that bull spike I was talking about last night, you might see it.
I think the USD bull has more room to go..my original assertion that another 100 pips upside on the USD bull is still valid when I look at the daily charts in the majors.
Joined Mar 2006
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Status: THANK YOU MERLIN,TWEE and FF Team
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Are you saying GBPUSD bull or are yoe saying USDollar bull? please clairify. Thanks scott
Quoting Spectre2006
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I think the USD bull has more room to go..my original assertion that another 100 pips upside on the USD bull is still valid when I look at the daily charts in the majors.
