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 Jason on April 22, 2012 at 8:44pm

Hi Raj

Thank you for your posting and input.

Well thats some incredible projection curve there....looks challenging.

One question though, based on what I have understood on your cuvres the last 2 weeks, it appears that short sellers (risk off situation) should finally have the upper hand ?

Thanks

 

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

Priyank,

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)

Comment by Jason on April 22, 2012 at 9:35pm

HI Raj

Thanks for your reply.

I have a rough idea what you mean now...

Guess it will be a choppy market and we should take profits when seen.

THank you once again for your input.

Have a good day.

 

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