Most will be selling a break... — If .4880 breaks I think we head lower. However - the Asian session is always ripe to get its clock cleaned by the EURO boys. Bigger piggy banks. Long term - this pair gets has a lot of room to fall.

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Nope... — He's been buying since the .5200 level.

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Well... — That's hard to argue with.

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Yes - The warning signs were everywhere. — 1) Every Oil analyst and his brother was waving their flags - Oil was and is over valued and pegs fair value at 95/barrel. 2) The dollar ISN'T going under and the US is in the midst of a recovery. 3) ...

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Looking at that chart... — You just have to believe that we that .4900 is a very strong level of support. I would love to say I believe we move up from here but the Euro weakness is so strong.

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We are seeing a test of the lows. — Will this thing plummet further during the Asian session? Will .4880 hold?

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LOL - Howling... —

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This move caught everyone off guard... — Picking the direction should suffice. url Check out what I had to say on August 2.

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Just the opposite... — If he raised the IR now he would send the EURO to parity. The zone is on the doorstep of a recession. Germany - the largest zone player - is already in one. Mr T's next move should be down. Originally Posted by bujal38 ...

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Very good... — I stand corrected.

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Sir... — You and I are retail traders.

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I think I said individual trader... that's want I meant anyway — We may want to ask the PFX guys or LFB guys but I'm about 90% that no one retail trader can move this market.

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Well... — I could have been a little harsh. I do apologize. I'm not a fan of the news either (ESPECIALLY BLOOM) - as you can tell my perusing my posts. I'm pretty critical of the news and 'analysts' We should seek to inform and not make fun ...

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Dear sir... — All of the retail traders COMBINED account for 14% of all volume. There isn't a retail trader alive that can move this market. The top 10 players are banks with Deutsche Bank leading the volume around 21% and in 10th place is ...

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Spoke too soon... — How about not.

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Dear Sir... — We are trading in the most liquid market on the planet with a daily turnover in the trillions. Bank traders aren't sitting on their hands anxiously waiting for a great entry. This isn't equities where a large player has the ...

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Stop.. Stop... — My stomach... How about .3300?

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I hope James is long the EURO... — I hope this James guy... whom my hedge fund buddies have never heard of... is putting his money where is mouth is. He should be REALLY Short the dollar here. Which is great because as the dollar continues to ...

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Lollollol...howling... — Thanks... I needed a good laugh. A big buyer... LOL.

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So... — Doc, By the tone of post then you're long the EURO? Since you're time frame is greater than a week you should still be long prior to last week? Correct? I'm curious... what's your SL?

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