I am just a regular joe who trades using cfd. You can say that i am half day trader with a full time job. Thus the way I play in the stock market is not very the same as I dont really have all the time to monitor. Anyway from here on, I shall make my *DISCLAIMER*, I am no full time remiser or broker, the blog is purely prepared out of my own interest. Any recommendations are purely my thinking and if you want to follow please do your own homework before doing so. Thank you.
Thursday, 29 November 2012
USD index relating EURUSD
What a smoke screen created by the Big hands... last night we saw a sharp dump and push action on EURUSD, thought it went my way (by going down) but next morning the pair reversed up stronger. So,the 8000 level in usd index cant be held, and if we see further upside in EURUSD We shall focus on the next probable level on USD index which is the 7972 (1.618 extension of wave 4). From there we shall see some turning once again in EURUSD....
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