Search results

My methodology tells me that more resolution of value needs to occur above where we are trading now (2592) before we will move down. I know this is not much and I am sorry I can not explain it better. There is a balance point that exists at 2750. This is where value exists for all. I just...

I still see a move up to 1.2777 before we head down.

If 2636 holds, then 2681 2777 Likely retrace 2837 above 2837 and we may move back up DRT

Better go long now.

The DOW is down just a tad. Its the old 5 day crash. I am short bonds...ouch. Still holding them long term though.

May be a good buy lurking here. Signed lurker

Announcement is usually 7:45 EST Press Conference follows at 8:30

So is the press conference the event instead of the actual hike? Assuming they hike 1/4 % that is. I hate when he speaks....you just never know what he is going to say when they ask a question? I can hear it now...."What about the strong Euro Ms. Trichet? Will this have any influence on...

I've had enough for now. Out at 1.2804. +121 Points. I will wait for the big news tommorrow and see if the rocket ship takes off. Good trading everyone. DRT

The Old Gal is trying hard

Well the 2837 level held last night. We are working the 2777 area as of 11:00 today. This is about where I had planned on getting long and it sure looks like it wants to explode out of here. I am staying short with a move back above 2800 convincing me to close up. If we somehow get thru the 2750...

I hope its okay to do this. I thought is was very interesting and would help so if I am not supposed to do this, I apologize. This the free report that he sends not the subscription service. DRT

Same to you. Nice trade. Right now I am holding my short. 1.2750 is the key value area for the EURUSD. Up until this weekend, I had been planning on taking a long on a spike down in front of this area which may happen today. We would then push on up to very high levels. I changed my plan this...

Ivan, Did you see the metrics summary from Jack Crooks today. This was what I was trying to say, but he did it in a much better way. Not sure if it will hold up, but when you remove all the emotion this is what it boils down to. DRT

I am long this pair from just above 112. I think we are at a critical mass level and if the current area around 113 builds value and moves up and builds around 114 then I am staying in until.... TARGET = 120.00 DRT

Although there was a challenge to the 2837 level near the end of the day. It held. I am still short for now from 2925. DRT

18:04 EUR/USD: Consolidation Continues after Jawboning] Boston, June 6. The past several months have been remarkable in that European finance ministers have mostly refrained from trying to talk down the EUR. The gloves came of today though as Junkers, the head of the Euro Group, Solbes, the...

The $Index has slammed into 84.90 which I have a key level. If it get thru there in front of Thursday I will be surprised. I'm not sure the old gal has it in her.

I think that Paulson asked them nicely yesterday and they said "just this once". :)

Update. Not overwhelming but encouraging somewhat