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


To: ggersh who wrote (25979)12/30/2009 10:21:53 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71454
 
Yes for now, market is pretty thin towards the yearend and the pound the unlikely winner today - as the EUR suddenly failed a bit over 90p. the pair turned heads and the EUR lost a full p from mid 90s to mid 89s.

Here it is a good setup for a minute bounce...the pound recovery could be a temporary thing. Patiently waiting out the quick pound/yen bounce...



To: ggersh who wrote (25979)12/30/2009 11:00:40 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71454
 
Y92.75.... some sniper attack. It couldn´t overcome it at the highest volume, so I bought the yen contract right there for small ride.

Pound yen made it decently above 148, quite the outlier. The pound is unstoppable since it turned heads around 1.5850



To: ggersh who wrote (25979)12/30/2009 11:35:39 AM
From: RockyBalboa  Read Replies (3) | Respond to of 71454
 
Either the markets are wicked (and thin here) or something is not right: Look what PHK (Pimco High Yield) did today.

Even if it was a trade error, the LT chart does tell.