Anyone Else Watching Euro/ USD Cross?

[oneway]

Looks like EUR is gonna test and plunge through 1.30 on Euro zone debt worries...

Keeps making lower lows and every pop is slapped back...

In aircraft analogy...she looks like a flat turn fighter trying to take the fight vertical..

 

[oneway]

There she goes over the cliff...crack back 1.32 on the way to yesterdays lows

 

[klingan]

 

[oneway]

See Rule #4

[oakranger]

welcome to the club. 

[FTJR]

Is that your TP at 1.26?

[oneway]

Yes TP 12600

Technically speaking 12627 which is a fib 1.618 projection of the daily impulse down which set up this seed wave...which just so happens to be congruent with weekly waves and targets....and meshes with the '08/09 lows...which we will test....mark my words....

Paring out on the way to target, lifting half the weight at the logical and psych 12650

The trade is working...Greece is draggin down the Euro zone

We (USD) are the best of the worst..

Play it

We are gonna bounce hard off of 1.28...can catch clips to the upside on the way down...expecting resistance at the 1275 layer

Oneway

[oakranger]

OK, are you guys talking about the Euro currency? 

[oneway]

See Rule #4

[oneway]

It is antithetical to go long junk, which is what the buck and treasury have given us...so you go long the greenback only because every else around it is tanking .....

Pretty pathetic set of circumstances to play relatives....

It would sure be nice to play a strong dollar long.....instead of the 'least of which'...trap....

Thank your government and treasury for taking the short side of a downside....

Idiots are focused on the 2010 elections rather than the strength of our nation....

Pikers

Bottom line is short the Euro and all Euro zone currencies and enjoy marginal and relative denominated gains..