EUrUsd at 13220. I am thinking to buy some on assumption of a bounce of 40 to 80 pips if I am lucky enough. What are my chance to get a positive return out of this? and what are my chance to lose or get hammered. I am picking a falling knife, which has been falling straight for the last 12 hours.
Now at ~ 13280. +60pips. They want to flip the burger to the downside, but since not sure they might flip only half of it leaving a half for later if needed. Looks like it is getting stuck in the mud. Market: technically it started the retreat. It would have been easier if market first touched SPY125, and QQQQ 56. It stopped 1.5% from those levels, which will keep robots wanting to kiss it after market retreats. Difficult environment.
EUR/USD down, and the market followed. A rare synchronized swim. eur/usd now at 1.3248 (+30pips). There however appears to be buyers who might appear soon. If these buyers fail, and the whole thing rolls down, then thursday might turns a nice day for bears. It might however take the overnight sessions to see these roll over. I leaving it alone. Dangerous markets. In case you wonder how much I made on this last half hour move, I got out earlier. I cannot sit long enough on my stupid asze.
Hehe haha, S&P FUT 1236.5 _ 7.8 +0.63% DOW FUT 11431.0 _ 63.0 +0.55% NAS FUT 2212.5 _ 12.0 +0.55% OIL 88.91 _ 0.63 +0.71%
NASDAQ gains yet again, closing up again for december 2010 making it 7 days straight!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Imagine the nasdaq being down 7 days in a row, the call for QE3 would already be happening.
Bulls don't have it easy...they have to read your spam/posts constantly, and yet you ignore rational analysis that show there is no official inflation.