Eur/USD
- Thread starter ForexPro
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Spotting a double top right now is as valid as flipping a loonie (Damm, pun not as good as Ivan's) lol
-Kastro
-Kastro
Short at 1.2627
It's going to break .2700
-Kastro
-Kastro
Yep, in about an hour and a half after the unemployment rates come out...
...and I'm long!
(Watch me get my butt handed to me... but hey, my signals are saying long... so I'm long.)
Ok, that's enough madness for one quarter.
"14:04 EUR/USD: Data So Good Even the Fed Can"t Ignore It]
Boston, May 3. EUR/USD has dipped back toward the 1.2600 level after a big jump in the service sector ISM report and on strong factory orders. Should the employment report on Friday follow suit, talk of a pause by the Fed policy makers will look even more silly. Stops are eyed in the 1.2590 area and again below 1.2560"
With the onslaught of excellent US data, this emotional paradox about the Fed going on pause is getting out of hand. Clearly, the US economy is chugging along. And who thinks the ECB will hike tomorrow? Not me. I've been wrong before and will be wrong again, but I don't think this time.
I'm going to get me a T-shirt to wear next week: "Stop the Madness!"
"14:04 EUR/USD: Data So Good Even the Fed Can"t Ignore It]
Boston, May 3. EUR/USD has dipped back toward the 1.2600 level after a big jump in the service sector ISM report and on strong factory orders. Should the employment report on Friday follow suit, talk of a pause by the Fed policy makers will look even more silly. Stops are eyed in the 1.2590 area and again below 1.2560"
With the onslaught of excellent US data, this emotional paradox about the Fed going on pause is getting out of hand. Clearly, the US economy is chugging along. And who thinks the ECB will hike tomorrow? Not me. I've been wrong before and will be wrong again, but I don't think this time.
I'm going to get me a T-shirt to wear next week: "Stop the Madness!"
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