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#1 selecto

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Posted 22 July 2011 - 08:04 AM

"I will show my ignorance here with this question: How does a short squeeze in the currency markets get into the stock market?" Yea, me too.

#2 Slothrop

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Posted 22 July 2011 - 09:07 AM

It's no longer divided up along those categories. The algo robots only know "risk on" and "risk off." The Euro and stocks are the same thing -- risk on. The dollar and short stocks -- risk off.

Edited by Slothrop, 22 July 2011 - 09:08 AM.


#3 SemiBizz

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Posted 22 July 2011 - 10:37 AM

Some currencies have more influence than others... :cheer:

http://bigcharts.mar...&mocktick=1.gif
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#4 SemiBizz

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Posted 22 July 2011 - 10:42 AM

As for the EUR$ here... This 500 hour chart tells the tale... We're testing the BREAKDOWN CANDLE Resistance... Rejected 2X so far.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics