Selling at 1.2160. I think personally we are on our way down to 1.19, but we will see. I don't think that terrible State of the Union adress is going to matter much.
hey steve--you showed the weekly EC chart in another thread-- Did you notice the bullish divergence on the chart on both indicators just before the recent up move up?
Yes I did that is why I am so confused. Weekly looks bullish and daily is bearish with divergences. I like my signals to be together. I guess there is nothing wrong with wait and see mode. Well off to work. Regards, Steve
Euro has dropped to 1.2078. I am going to get out now and wait for the next decisive move. Got 74 points for the move so I'm happy. Yeah, the clapping was quite annoying especially considering the amount of disatisfaction within the Republican party. What do you expect, though? They are going to keep on supporting their guy until it is political necessary not to. The Dems should pick up a few seats this year. Still won't change anything.
Nice trades. Can I ask if you guys are closing because you see a change in direction or are you standing aside. I have spot closing in a very bearish area. Below key support and I see a somewhat clear path down near 1900. The futures contract does not look quite as convincing unfortunately and that is what I am trading. I am sure Mr. Tritchett will mess things up though.