nvm
dont wanna spoil it
dont wanna spoil it
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DislikedWhat a night! EUR/USD crashed through the important 1.07xx level and continues to move down towards parity. Check out the SP500; it also crashed below the 50DMA with conviction after yesterday's stall. There's still half an hour left to go in NY's session, but a close below 2060 will leave 2020 and the 150DMA wide open. And 2000/200DMA (interesting coincidence) next. Still some ways to go before we get a clear indication of whether this is a minor correction or something more significant. How does this relate to EUR/USD? The reason I bring this...Ignored
DislikedYeh, intraday noise fake. Am stacking back on EU and out of PC. Not in mood for chop. Cya later and GL, TomIgnored
Disliked...the lows still wide open intraday for an exhaustion intraday leg in the next couple of session to the lows of the 1.070x handle and max extension 1.066x. sisseIgnored
Disliked{quote} .... Losing 1.142x for the roll clear and clean no discussion. Changing short term (dailies/weeklies) euro outlook from NEUTRAL to SHORTS. sisseIgnored
Disliked{quote} Rofl, last time I heard that was at EU 1.30! That guy doesn't come here anymore.Ignored
Disliked{quote} Why is the S&P falling of a cliff, erasing all gains for the year, one answer and one answer only, a strong dollar, the dollar is hurting every US multinational, EU exporters are enjoying this, but that one will come home to roost, a weak euro means an imbalance in the global trade, that imbalance will need to be rectified, all those buyers of european goods that are now 20% cheaper will offset the yield trade.nk looking for the exit.,,,.Ignored
Its the typical mouse and cat game. The longer the FED plays the game the richer the bastards will get and the most problems for the real economy in the mid term.
The FED should sit tight and do proper macroeconomic policy without getting suck in by the bastards. Unexpected .25 hike in May will put the markets and the economy in place at least until the end of the year.... For now, June/July seems a done deal until the next FED meeting.
We'll see
sisse