Dollar LONG stance but hold trigger till ...

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Quote from deadbroke:

Dollar Index 240-min. close > 76.7

pump it > 77.1 & then 77.3

A daily close > 77.55 = daily trendline + penultimate sub-wave breakout topside.

pick your own vehicle, Euro$, Sterling/$ or others for the short.

Lead horse could still be Sterling, but Euro/Sterling showing signs of correction, so engine could be Euro$ short.
More...

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don't mind me, just looking for ++(s) to regain some confidence .... before going at it again.

1 month 10 days after the thread opener call, he took off with only 1 friend, me. But my head was messed up by the sheer jinx of catching the penultimate top in EurUsd, then stopped out so I didn't get in and therefore missed the move.

German govt. and others incl Buffett who bet against him ....... got mini-effluvium(ed). :)

$ & I had neither dignity nor pride left, now he's urging me to catch up & ride shotgun ...............

soon he'll come up against Gold=AUD, Crude=CAD and GBP=Fin. Services Empire .....

http://www.youtube.com/watch?v=juwwCTBZOCQ&feature=related

At about the same time he'll make the other king, Dow Jones, kneel before him.

Then much later at DX=90 he'll take out Euro, the final foe thusly

http://www.youtube.com/watch?v=BcjUpL7ThAU&feature=related

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Trade(s) forthcoming ...............
 
thought this thread was done

but here is a thought ....

tada

go for 5 pip chops on the audusd short or long ... 2 big contracts equals $100!! Do it three times a day and you have it made in the shade

its the only thing keeping me alive on my terrible usdcad long position!!

:eek:

how many spot contracts can I eat up long here before I go broke? I mean does anyone else see the 1.0700s potential on a daily bollinger bounce?

I mean 1.0250 is where I lose my sheeeet ... come on good US numbers

:D
 
ok I lost my sheeet on the usdcad

who knew? bad US numbers even with all that positivity on the news about how the economy is doing better

obviously they were lying ... doh!

anyway small chops on the aussie still in play for this range! maybe this month wont be so bad after all

and why isn't the audusd cross exploding? I mean australia is the only country posting job growth

good luck and good night
 
The contrarian view on the dollar is to get long.....the fed is at ZERO % , and the only move can be higher...
Seems alot of hedge funds and funds are starting to get net long the USD.... Quietly that is.
 
Well today there is not going to be much activity given that its martin luther day in the US, is Eur gonna give a good rally today? I didn’t do so well against gbp…
 
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