Thread: Sell Eur/Usd
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Old 08-05-2008, 09:58   #6647
Yardbird
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Re: Sell Eur/Usd

Quote:
Originally Posted by Noor
Hello Everyone...

Central Banks Buy positions are now fully activated,,

Buy at 1.5365... Stoploss: 1.5300... Target: 1.6
Current price... 1.5400

The South move is now over

(with respects)
...and this you know RE: the CBs?
don't the COTs show a heavy commercial short position?

Altho I too am lg fr. 5298/315, must give the strong possibility that this
bounce or retrace will fade as 5500/60 approaches
--consider pealing off some profit --5438/75 and TSL-ing the rest

here's a wkly view --can not this major Trend Line come into the unwinding picture---5150 area---??
then deeper to 1.500/4960
--just speculating the complex corrective move this now has launched into

edit: add an hrly matrix and pattern view of the so far retrace

---presuming nothing ---weighing the possible---managing the Risk/reward


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Last edited by Yardbird : 08-05-2008 at 10:11.
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