Short the Euro

Quote from tradingjournals:
e/u down, and spy UP. Given the positive correlation (hedging) between e/u and SPY, the e/u should be UP, but since it is down, then selling intensity is higher than buying intensity.

Therefore the argument of hedging and smart money buying e/u in anticipation of euro banks selling assets does not make sense based on today's action. :cool:

But how could we rule out the other hypotheses such as short covering, possible ECB possible buying, and smart bears reading the minds of people (such Sarkozy) who may think that they are smarter than other fellows?
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tj, you're truly smth else, you know that?
 
Of course...barely stops me out and then drops like a rock. This is the 10% of the time when the market goes barely out of my zone and then proceeds to reverse hard
 
Quote from tradingjournals:

First solid bearish signal in the form of an insult! .:)

e/u at 1.4210. Now tell sarkozy to stop the bears.
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e/u at 1.3990 area. A gain of 230 pips. :cool:

Are the shorts banking their profits here?
 
Quote from Tsing Tao:

Actually, we have further evidence that it is truth. Keep posting and reinforcing it!
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You see, you were bullish e/u at the precise top. (e/u at 1.4210)

Your see, E/U is now below 1.40.

You see, I was right and you were wrong!

You see, you cannot do a damn thing about it.

You see, the truth is the opposite of what you thought was the truth :cool:

PS: I would bet that you are still thinking you are right and/or you want others to think you are right, even after seeing the price kicking you in the lower back.
 
I wasn't bullish at all. You asked why something was happening, I told you why it was. You chose to ignore it and act like the troll you are.

I am not bearish now, either. I follow price and look for flow. The only position I have actively posted is the one on SEF.

Keep posting. We all enjoy the entertainment, yambag!

PS - you claim to be up in your position. Can you show me where your position was even posted?
 
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