06/26/2012 Live Update

[snakehead]

Dollar...I´m out of longs

Nice chart, KeiZai. Keep us updated. (breakdown or bounce of that channel line ???)

[Petsamo]

You forgot Rimm........

RIMM is like religion, should not be discussed on financial forums..

My 4 year old BlackBerry 9700's battery charge lasts at least 5 days.

[MrMiyagi]

My 4 year old BlackBerry 9700's battery charge lasts at least 5 days.

ummm.. is that good or bad?

[Cobra]

OK, I'm back. hope everything is fine here. I don't see any fire here and nothing broken lying on the floor, so I suppose you guys are fine.

The price is on the way to test the morning high, so no failure allowed here, let's wait.

[Mr. T]

60min chart looks very bullish to me.

I bet we break today's highs.

[kamukak]

Bloomberg: Spain Poised For Downgrade To Junk As Default Swaps Near Records

[Cobra]

aapl may form another descending triangle here.

[snakehead]

WHAT WAS THAT JUMP IN THE EURO ALL ABOUT? Any news??

Anyone?

[Petsamo]

My 4 year old BlackBerry 9700's battery charge lasts at least 5 days.

ummm.. is that good or bad?

Androids & iPhones require charging every 2 days

[zudec]

Dollar...I´m out of longs

I have been up for almost 12 hours now and early this am, I saw something on Bloomberg that said the Euro was going to crash. I have looked over their website but cannot see anything about it. Did anybody else see this???

I saw it too. Said after this weekend, the drop could be into the teens through July, and continue lower rest of summer without intervention. (I think it was the Bloomberg currency reporter that was discussing this with Rosenberg)

[TraderGirl]

Looking for a lower low on FXE, possible wave 5 to end decline. Even if/when we get there, we have some serious pos d on TSI....

[KeiZai]

Dollar...I´m out of longs

Where is that bottom trendline from?

+- 20

[snakehead]

Looking for a lower low on FXE, possible wave 5 to end decline. Even if/when we get there, we have some serious pos d on TSI....

T-Girl: What is your take on today's intraday action in FXE (is it in the process of retesting some broken channel line?)

[MrMiyagi]

Thanks KeiZai, I thought it went back further.

[KeiZai]

Thanks KeiZai, I thought it went back further.

I posted this LT chart few days back where dollar have successfuly backtested trendline , so I think dollar could go higher after short-term weakness

[SWalsh]

THIS IS THE ONLY WAY TO END the fruitless banter back and forth that these exchanges tend to create.

I can trace this directly back to Arrested Development and a certain cat with reading comprehension difficulties. Both have a proclivity to scream innocence as they light the match and toss it.

[KENA]

Mnst up 1.25 points from yesterdays entry..Still holding.

[Cobra]

this kind of push up might be 2 legged at least.

[SWalsh]

Big picture, the lack of volume and volatility of the entire downtrend bothers me.
Either Bear is soft or capitulation still to come. Don't know which.
Also, light volumes allow the jackals to do their mischief, which is always a challenge.

Every move today has been HFT related. Not a single one did not have their "byte" in it.

[snakehead]

Big picture, the lack of volume and volatility of the entire downtrend bothers me.
Either Bear is soft or capitulation still to come. Don't know which.
Also, light volumes allow the jackals to do their mischief, which is always a challenge.

Every move today has been HFT related. Not a single one did not have their "byte" in it.

Agree. It seems like that last move was pure "stop-taking".