The ACD Method

Quote from RCG Trader:

That is good news, means the dollar will continue to strengthen, killer move in the AUD/USD pair.

See, this is the power of ACD, and it was not a choppy trade either:)

200+ pips.

ACD is da bombdiggity!
 
Quote from Maverick74:

I doubt it. If it goes to par it will take years to get there. I actually think the Euro can trade up to 150.
could be right mav and they could extend the emergency funding but it's getting long in the tooth, if it unravels ,it could happen in months
 
Quote from ammo:

could be right mav and they could extend the emergency funding but it's getting long in the tooth, if it unravels ,it could happen in months

It's possible. My 150 price was based on the Euro shedding Greece, Spain and Italy and forming a new currency. This would be 12 to 24 months down the road. The short term momentum is definitely down.
 
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