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jsspmk replied Mar 30, 2010I don't know, I think it all finished with a double top, we are just getting a rally with 'free money' pumped into stocks, once that disappears who is going to keep on buying? Average Joe again? Doubt it. Once this rally ends, I doubt very much we ...
EURUSD
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jsspmk replied Mar 30, 2010It is interesting what is going to keep stock markets up once stimulus is removed later this year.
EURUSD
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jsspmk replied Mar 30, 2010"Any Greek package would “be an IMF program decided by the IMF as it happens with each and every country,” Strauss-Kahn said in an interview on a flight to Bucharest from Warsaw today. “The IMF will define the conditionality, as we do with any ...
EURUSD
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jsspmk replied Mar 30, 2010Great, now all you need to find is an indicator that's going to gauge your next USD short trade based on the above.
EURUSD
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jsspmk replied Mar 30, 2010I am watching USDJPY to break current down trend at breach of 93.765, then will be waiting for a retracement to buy into.
EURUSD
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jsspmk replied Mar 30, 2010>150 pips required to close March as a doji, 200+ will form a hammer. Let's see how we close tomorrow.
EURUSD
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jsspmk replied Mar 30, 2010Looks like this is going to be yet another bearish monthly close for EUR
EURUSD
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jsspmk replied Mar 30, 2010Overall USD index is still in bull gear, everything else is either pure guess work or edge based forecasting. Just look at this weekly chart of USD index, there is nothing there that suggests that upside has finished or turning around. That's not to ...
EURUSD
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jsspmk replied Mar 30, 2010Keep an eye on USD/JPY, check out this monthly chart. Massive move round the corner.
EURUSD
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jsspmk replied Mar 30, 2010That would negate downside for me, whether that would actually change trend I would have to see price action at the time. url
EURUSD
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jsspmk replied Mar 30, 2010No proper upside will happen without a spike into lows & if bought with conviction. @Lastcoke I said what I said about your targets because you were going against the main trend when conditions weren't pointing to a strong bounce. I was referring to ...
EURUSD