[psytrader]

My posts in the past have been pretty oppinionated; which is why Im in a bit of a tight spot agreeing with parts of both fxgenius and non piker.

Fundamentally fxgenius, you made one heck of a call on the nfp data already being priced in. Hmm,...the figure almost doubles and USD gets weaker. This is a bit too much too fast for any currency.

Non Piker, Im absolutely dying to know where you get your figures on options positions and where their stops are. In the mean time I think the technical pattern lends itself precicely to your position. I see a textbook double top on the GBP and EUR.

My opinion, (if I may be the first to use this phrase appropriately) is that we are in the "last throwes" of a USD bull run. The only thing I see extending it beyond another week is a rate cut in the UK. Without that, a continuation of this run beyond next friday is (I believe) unjustified.

Regards

PSY