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This one may be saying 3 more months of downtime. If you believe in this hocus pocus stuff. Be back later this year, I am off on a Holy Grail Crusade.

Bottom of major channel. Set for blastoff or crash landing. :confused:

Don't you guys realize Coinzy and Ivan are the same person.:eek: This chart looks like the Euro is ready to launch to the moon. Or is it. Do I cover. Do I stay. Do I cover. Do I stay. A move below here takes us down. How convenient that we are right at 1.27. DRT

Yen Drops the Most Versus Dollar in Three Weeks on Rate Concern July 12 (Bloomberg) -- The yen tumbled the most against the dollar in three weeks after Japan's finance minister suggested that the central bank shouldn't rush to raise interest rates when policy makers meet in two days...

Now boys. We need to go fishing so you two can kiss and make up.

What's your downside target?

I have never traded Sterling. I do not know why? I do watch it though. Nice trade. I am still short from 2767 but watching this 2690 area very carefully. If we could settle below here today, it makes a much better case for a move down to the 25 area next. There was a CB bidding at 2687...

If it doesn't reverse out of here, then we may have a new shuttle launch. Odds are that it will head back down for a while, so if this is violated then it may really be a new bullish trend. Good luck everyone. DRT

Ivan, Good points. Don't make me bare all but here is what I do..... DownRiver Trading short term profits go into....my two long term funds. The (my last name) Natural Resource Fund The (my last name) World Currency Fund I have to have something to grow old with. Very good points...

More lit the alphabits. You still eat those? I realize it is a hokey thing to say and sometimes I wish I would just keep my mouth shut (fingers shut) about it. I really don't want all the arguments from everyone. Like many of you, I stare at these damn markets constantly. I have stated on a...

Hey mini dude. What going on. Assume you are short. Probably a nice trade. Post your specifics. Will likely head south for miles from here, especially with the BOJ announcement and all. :p

Well...we reached the 1350 area. I see a move down possibly so if anyone wanted to take some off it is not a bad idea. I am going to stay with this trade as I am holding it in my long term account. I have some very aggressive and boring long term targets. Could be a move back down to 1220...

I see dollar bullishness everywhere in my charts though I can not explain it. It is something we are all missing. Always is. I think we will all look back and wonder what happened in a few months. Of course, I could be wrong. I have posistioned myself for it in my long term account. Might...

Thanks. Last time I did that I got a concussion from my head hitting the monitors and passed out. DRT

Sometimes I wonder why I trade this pair at all. It is very hard on my nerves. Just when you think you may be moving down, the CB,s step in. I am watching someone slam the bid on the CME. Is it one of you guys. Please let us take out 1.27 so I can go on vacation. DRT

I see a sell in this. I just sold a single lot at 7492. Think I will just trade it small for a while to get used to the price action. I am sure I will learn the hard way....by losing several times. DRT

Any of you guys have any Long Term opinions on the next direction of this pair. Some of my studies show a very strong possibility of a new direction starting for an extended number of months. Problem is I can't tell if it is down or up?? Looks like a move down to me but I do not have a...

Well, we went thru 1230. I am still going to hang in and see what develops over the next serveral days with this pair. I may take some off at 1350 if we ever get there, but I am really hoping for a much higher push over the next few weeks, months. Current trade up about 177 points. Good...

If we ever make up to this level, please post your exact entry and your stop. Also, very importantly post your target for the move down. DRT

Number One, there is an underlying change that everyone is overlooking. It is close to causing winds of change in the markets. Also my charts tell me that the BOJ will be complacent. It is not interest rates although there is a slight lead held by the lowly USD here. Currently the USD is up by...