Gonna visit the 47-49 band? Cypriots are not happy....nor will the rest of the small fries once they get fleeced as well. America's time is coming, but not today.
thats a strong sell statement you made there. I just made my 5 pts from 55 to 50 and am out. Interesting to see that you are going short at 50. Lets see how this plays out. Want to comment what you see here that makes you think shorting 50 for 40 is good odds? Cheers
shorting this bounce is a good idea as the pivot and r10 look weak. May not get an entry, but 42-44 looks in the cards. Weary of being short for anything above a scalp though. My $.02
Thanks for your comment Trvl! I went long at 47 with the aim of getting a 2.5/3.5 pt scalp. After that I will be sitting on sidelines for sometime.
The long is much more likely at this level...but I'm flat after 4 scalps today. Short if we can break the pivot / 46-48 level with force. Star has a nice entry on the swing long. Barring euro silliness of course, but logical and probable.