Quote from Ivanovich:
I smell "stupid" in the air. and on top of all that, Skalpz is back again and there's a full moon.
Hey....
Hey, guys, I'm in short on EUR/USD - haven't had a close signal, though, since I can remember.... but, drawing interest round the clock isn't the worst thing, either.
I'm long too... same deal, no buy / no sell sigs since I can remember (and, my memory goes back further than I care for it to).
My take on the whole deal is, somebody(s) hit the sell button on USD a little prematurely based on speculation the USD (Ben) is gonna put the brakes on interest rate hikes.
Spiking the euro up to nearly 1.30.
It's trading now almost 500-pts
lower - could be nothing more than a massive
whoops retracement.
Stack in a little confusion and some nervousness... and, presto, we got EUR/USD trading back in the 1.25 range.
I suspect that on the next US interest rate announcement (hike) EUR/USD will either tumble under 1.2400 or... spike into the heavens past 1.2800.
Well, I gotta have some breakfast... been so busy this morning booking cash on the USD/yen spike... I haven't been able to count it (man, that came out of nowhere! Good thing I was sittin' long ;-)).
That's what I get for trading before eating. *rolling eyes*
dRaWdOwN
1.2573
(sorry to rain on your parade, Ivansky.

- when are ya gonna open another short on EUR/USD?
I need the money!)