I agree, my trading system is currently short so during the day we will see lower prices. Thankss for your thoughts
Ok, but please don't all fade into the woodwork if it doesn't go down. I'd like to hear why you thought what you thought.
Really? What faith is that? I'm short the dollar on a few pairs. Incidently, what is your stop since it just broke 1.2120?
And there goes the year long downtrend line at 1.2135 (which incidently was the Fibo too). If it goes on from here, that down trend you referred to is...well...kaput.
I don't believe in isms. I only believe in me! Good luck, hope that stop is not hit. I think you're safe for the moment. Might want to think about getting out from under that short in the lucky even the number comes back to your entry point.