View Single Post
Old 12-12-2011, 02:58 PM   #1049
Registered User
Dcha's Avatar
Join Date: Oct 2006
Location: Kansas
Posts: 1,560
My Ride: Mkodama's sister
Send a message via AIM to Dcha
I'm not a macro guy. EURUSD is usually a tell for the equity markets. At this moment it's not enough to "trade the trend". You need to stack your probabilities so if want up, you want to see EURUSD up, TBT up, IWM/SPY up, and most importantly TLT down. These confirmations will help you make the right choice. If you're a bull you'd really like EURUSD to bounce here. Bad things can happen below 1.3145. Shorting is not like buying. It's much much harder.
Dcha is offline   Reply With Quote