Short term Bottom in the USD on the dailies

Oh well, totally wrong on this one, every one of those pairs is about 100-300 pips against my prediction.
I'll fess up lest someone find this thread a few years later "Hey global, USD is down 50%!" :D
But seriously, no followthrough though the chart seemed short term bearish should've been a giveaway of no support, but then again, hindsight is 20/20.
 
The Euro hardly gave any ground during all that gold and silver weakness.
The reaction could have gone down to 1.26,it did not : so perhaps we already want to crack the 1.30 level and start the big currency crisis that may also begin to send stockmarkets into a mini crash....
 
If you ask me - better not to have any opinions on the direction of the markets unless you actually put on the trade. For me at least it creates direction bias in my day - to - day trading . Not having any opinion at all is just one less thing I have to deal with, when the chart in front of me is all I need to know.

Just my 2 pips.
 
Global, I think you're just a bit too early on your call. USD is making a case here and will see:

JPY: 115
EUR: 1.255

by end of June
 
Quote from NZDSPeCIALISt:

If you ask me - better not to have any opinions on the direction of the markets unless you actually put on the trade. For me at least it creates direction bias in my day - to - day trading . Not having any opinion at all is just one less thing I have to deal with, when the chart in front of me is all I need to know.

Just my 2 pips.
More...


I agree totally thats why I do trade.....just my 3 pips
 
You must log in or register to reply here.
Back
Top