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I agree it’s brave or maybe stupid, but I am inclined to agree with your high idea. This morning that ‘pop’ did have me thinking pop n drop and high but I just had to take gapfill. Didn’t want to risk more….
The subsequent move lower makes me think we are in for a corrective move lower.
Lets see….
I can’t afford to run stuff… I suppose I could have put stop at break even but 4 points in 17 minutes isn’t bad…..
I was only thinking this morning that perhaps the dollar had begun its move into its death spiral…. Pound and euro were doing well against it….. So what Do they do…..weaken euro demand cutting rates and make USA seem place to be. It’s all lies to keep dollar holders happy as when they repatriate the exported dollars, the dollar is dead.
Markets aside – they are taking the world to some place not too nice….
This is going to end in complete and utter disaster…..
Don’t these idiots read history? I suspect they do but they don’t care.
Hi Khalsa,
This market is so skewed with QE it’s nuts, but that’s the hand we are dealt so we have to deal with it.
I have been waiting for a short opportunity but am wary with NFP tomorrow now.
Could short any positive for a gap down donkey edge trade, but we have been lower….does it revisit the lows or gap down 0.25 lol.
Keep watching….
Dan.