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The battle lines are draw on USD Index


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#1 souelle6

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Posted 09 April 2010 - 10:32 AM

And so the lines are draw... Next week will be an extremely important technical week for the USD... Does the MT uptrend from December continue or is the ST downtrend set to take off... Big Pivot is the 23.65ish mark... I'm feeling like you don't want to get infront of this cliff dive... Holding onto my Kinross CALLS, going to look closely at oil for an option play and if you're short crosses watch out! Trade Accordingly souelle

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Edited by souelle6, 09 April 2010 - 10:33 AM.

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#2 jjc

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Posted 09 April 2010 - 11:41 AM

And so the lines are draw... Next week will be an extremely important technical week for the USD... Does the MT uptrend from December continue or is the ST downtrend set to take off...

Big Pivot is the 23.65ish mark... I'm feeling like you don't want to get infront of this cliff dive... Holding onto my Kinross CALLS, going to look closely at oil for an option play and if you're short crosses watch out!

Trade Accordingly

souelle


I like the Yen and the AUD here.

#3 SemiBizz

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Posted 09 April 2010 - 12:58 PM

Well, I always say it's best to look at the PRIMARY instrument when I am flying... Yen rules the World of currencies... Eur/$ is getting an oversold bounce.. is all.
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#4 TechMan

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Posted 09 April 2010 - 02:14 PM

Well, I always say it's best to look at the PRIMARY instrument when I am flying...

Yen rules the World of currencies...

Eur/$ is getting an oversold bounce.. is all.


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