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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (23153)9/27/2009 7:50:30 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71423
 
RSI moved to overbought at 88.5. Yen retraced a half cent pretty fast. These moves are so off the scale that some test must come.

Here is some secondary move as it hit a bid .01270 (or 88.75)

to wit: it took 3 weeks until the gbp left the camelbacks at 151.50 and fell to below 150 for the first time.
Then, it took less than 3 days to move it from 150 to below 140.

Fib-wise this might be the end fo the road:
it represents the 161% extension of the original move from 163 (Aug-10) to 148.8 (Sept-3).

Also shorted EUR slightly ahead of 1.47



To: maceng2 who wrote (23153)9/29/2009 6:51:04 AM
From: RockyBalboa1 Recommendation  Read Replies (1) | Respond to of 71423
 
Now slightly long on the GBP/USD and slightly short on the EUR/USD.

not bad. Big payday today.