Quote from ddc:
Kastro and many with you,
Who cares where and how far it will go ?
Stop trying to forecast. You'll never get closer than a wild guess anyway. Nobody really knows.
Trade what you see and you would have made an odd 120 pips per 100k contract on this morning's break-out.
Hint (for what it is worth): the "smart money" in currency futures is long Euro and short Dollar at a ratio of 4:1 so there is a very good chance (all else being equal) that EUR will rise against the USD.
First you tell him to stop forecasting, then you make a forecast.
