very strong start. text book target as tinted area, 75% chances. Let's see.
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agnosia wrote:did a buy stop 99.40. stop is evn for /cl... if we take out 99.80 swing high, we should head much higher...
it's official 100 oil is back, our currency is going to shits, and we're all gonna live in eternal stagflation... i took one contract off at 100 to lock in some profit.
gap target is 100.74 .... lets see if we get there today.
Last edited by agnosia on Thu Jul 21, 2011 10:15 am, edited 1 time in total.
now, some technical view for EUR bears,
the black box in the cahrt says that the rally in EUR long term is not that strong and there is a high chance that EUR will visit 138.00 again but the question is when ... I don't know ... do I trade based on this , no way
I think it's time to consolidate or pullback around here for the EMA20 blue line to catch up.
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EvilTrader wrote:Yeah, this move was so obvious...
i called it two days ago right here at cobra´s forum....
a shot at the highs would massively squeeze shorts...a lot of news to come from europe.... daily spy closing above ichmoku cloud....too many signs.
well in all fairness this tape could go either way, it's news driven. as soon as the US finishes the debt ceiling the dollar will shoot up and the market will fall back down..
in nominal terms the market is going nowhere, it's your dollars that are losing value.
i will remain a bull until the next headline comes along.