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Smart money is banking on short sellers to cover thier losses and reduce the shorts long holder will see risk off and cover shorts will not re enter and risk off will continue and short sellers will stay off the market till risk comes back on trade with stops on the long side good luck

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Comment by Priyank Nevatia on April 22, 2012 at 8:43pm

Hi Raj, If I understand correctly, according to your projections, EURUSD and GBPUSD along with DOW will keep drifting lower through the week giving us opportunities to sell at every corrective move upwards?

Comment by raj patel on April 22, 2012 at 9:18pm


This is a projection of direction  there is no pipage, range or instrument mentioned  you have to workout the strgy and entry type or level that you wish to trade  Good Luck

Comment by raj patel on April 22, 2012 at 9:26pm

Jason,  I see the shorts position has increased as the price has gone up. It does look the upper hand may have the first throw of the dice. remember the long leg is still up and a  breather here is a welcome jesture for shorts with deep markers(breakeven short sells)


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