The EUR is leaving a lot of people in a wreck. Which is why I haven't been playing it. There are other pairs far more lucrative at the moment.
Okay. Made all my weeks wages back. Now I am Long at 2750 Target 1 3040 Target 2 3140 If we close solidly below 2750 today, I will close up shop. DRT
Yes. Wise move to stay away. I just can't. This is about 98% of my methodology. Few bonds here and there. Sigh again. I have a tough time multi tasking so I just focus on a couple markets. DRT
I considered this and I agree with a downward correction to some where, but I think it will be more of a continuing process than an event. I don't think the Goldies are ready to give up yet. I hope the correction is a good one, cause I would like to load up on some in my long term account. Guess we will see. QUOTE]Quote from GlobalFinancier: Gold is going to 580, intraday reversal... EDIT: Will help USD [/QUOTE]
Descending Triangle has formed on the 30 minute on EUR/USD. Recent trend lately has been a breaking out of a descending triangle... wonder what will happen for this one....