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The bearish momentum is still strong, and may dominate for the rest of the week.
Second impulsive since yesterday.
Days after FOMC statements are always sensitive. This time the market was expecting something different from Yellen than they were getting from Bernanke, and they think the got it. If the market thinks so, the market will move in that direction (does not matter if it is a real reason or not) for some time. They are after 1.38 level now (it is strong psychological level). Let see if it hold or not
Well you were right
Inertia is not such an easy thing to stop after all _________________________
Double bottom now?
Well you were right
Inertia is not such an easy thing to stop after all _________________________
Double bottom now?Probably but only during the Asian session. This time there is a lack of volatility already - in needs time
Nagh
Asian session will be some 10-15 pips range (the usual). We can expect more change only tomorrow
15 pips maximum range for Asian session. Yuan falling like crazy - no way that China is going to move the market
Missed only by 1 pip 16 pip range in Asian session
Missed only by 1 pip 16 pip range in Asian session
No news today so it will probably stay similar (very low range) for the rest of the day
Low range and it is obvious from the way the price is changed in the last couple of minutes that the volume is very, very thin. No trading for me in a times when HFTs are running the game
Not even HFT can trade when they could not sucker the rest of us in the market to take our money. They can not get the money from themselves Back to zero point
Today that was a quiet position eliminating (closing). They are going to continue the next week