Posted by ucbarryk on 17th of Nov 2009 at 10:07 pm
should that play out...a reversal should be close..the markets
are tick for tick against the currencies..no more longs for me..i
ll just wait this week ..if we do get an upside reversal in the
dollar..i suspect a lot of traders will have their hands on the
mouse..could be quick ..once it starts...usually some
significant event correllates with it..or not..
EW has called a top in the EURO
Posted by ucbarryk on 17th of Nov 2009 at 10:07 pm
should that play out...a reversal should be close..the markets are tick for tick against the currencies..no more longs for me..i ll just wait this week ..if we do get an upside reversal in the dollar..i suspect a lot of traders will have their hands on the mouse..could be quick ..once it starts...usually some significant event correllates with it..or not..
EUR going parabolic tonight....could be
Posted by steveo on 18th of Nov 2009 at 04:50 am
EUR going parabolic tonight....could be a blow off top, or could be that EWI is just 100% wrong from a trading perspective, again.
I also have a theory that when everyone and their brother are blasting pretcher because of substantial losses, that will be the turning point.