Discussion in 'Forex Trading' started by Gcapman, Dec 28, 2009.
Should set for a nasty decline in the Euro...
EUR acting like it wants to explode to the upside right now
Feels like they have good news waiting to be let out for a short squeeze
H1 chart looking fairly bullish but something is holding it back
On the 1H chart I can see an ascending triangle, but on the MACD I see negative divergence.
I think I'm just gonna stay out till 4 Jan.
If it goes too far from 1.44 i think the Eur will have the upside advantage
It's exploding up.....no wait a minute, it's crashing.....oh no, hang on, it's a rally.....no wait, it's a short squeeze.....nope, wrong again, it's a sell off....profit taking......manipulation.......stops......aggggghhhhhh
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