Short euro/ long USD 1.365

If it turns and breaks up than we have an uptrend.

If it turns and breaks up than we have an uptrend.

I do not know your time frame since you did not state it but I think the $ needs to dip it's toe below 80 before probing 86+. If your trade is to around 81 then cool never mind.

Edited by zoropb, 11 April 2010 - 08:27 PM.

If it turns and breaks up than we have an uptrend.

I do not know your time frame since you did not state it but I think the $ needs to dip it's toe below 80 before probing 86+. If your trade is to around 81 then cool never mind.

Looking for 1.356 on the euro/usd now stops at 1.3645

If it turns and breaks up than we have an uptrend.

I do not know your time frame since you did not state it but I think the $ needs to dip it's toe below 80 before probing 86+. If your trade is to around 81 then cool never mind.

Looking for 1.356 on the euro/usd now stops at 1.3645

I second Z 's call, USD will touch 80 or just below before launching up again!, Just enough to let the SPX do its thing to 1200 or 1220 whatever, before heading down in earnest...... we all knew the greeks would be bailed out by somebody, no news there, and this does not solve the problem , just postpones it out a little bit like most bailouts, no resolution whatsoever. Spain , Portugal and all the others will have a similar fate in due course, but again that will not solve anything either just strech the problem out.

The events about Poland, Kyrgistan and others brewing will only strengthen the buck. The Russians are at work re-asserting their position. They don't want missiles in Poland....or bases in Kyrgistan. This kind of geo-politics is good for the buck.

GS.

If it turns and breaks up than we have an uptrend.

P - did I miss something?I tot Euro is up big bcos of Greece rescue?

If it turns and breaks up than we have an uptrend.

I do not know your time frame since you did not state it but I think the $ needs to dip it's toe below 80 before probing 86+. If your trade is to around 81 then cool never mind.

Looking for 1.356 on the euro/usd now stops at 1.3645

I second Z 's call, USD will touch 80 or just below before launching up again!, Just enough to let the SPX do its thing to 1200 or 1220 whatever, before heading down in earnest...... we all knew the greeks would be bailed out by somebody, no news there, and this does not solve the problem , just postpones it out a little bit like most bailouts, no resolution whatsoever. Spain , Portugal and all the others will have a similar fate in due course, but again that will not solve anything either just strech the problem out.

The events about Poland, Kyrgistan and others brewing will only strengthen the buck. The Russians are at work re-asserting their position. They don't want missiles in Poland....or bases in Kyrgistan. This kind of geo-politics is good for the buck.

GS.

I don't think so, the spx will plunge from here.

If it turns and breaks up than we have an uptrend.

P - did I miss something?I tot Euro is up big bcos of Greece rescue?

euro is crashing down trend so short the bound this is the resistance.

I forgot to post I reshorted euro at 1.365 after getting stopped No current stop at 1.363. EURO ---- you better plunge hard this fake bail out won't help you

I forgot to post I reshorted euro at 1.365 after getting stopped

No current stop at 1.363.

EURO ---- you better plunge hard this fake bail out won't help you

This is perhaps the best trade idea that I've seen for quite a few days now. What a smart-as* mean reversion trade.

Good luck to you!

I forgot to post I reshorted euro at 1.365 after getting stopped

No current stop at 1.363.

EURO ---- you better plunge hard this fake bail out won't help you

This is perhaps the best trade idea that I've seen for quite a few days now. What a smart-as* mean reversion trade.

Good luck to you!

THANKS TM, always need.... After a short bounce it going straight down again.

While the shorts on equities are holding up... I might as well smack the euro.