May version 2.0 FOREX

rick,

If the USD rallies I have to think about selling it vs the LB and the EU and the AUD, at least in the short term.

These rallies dont last and the trend should continue.

yeah, just like last week with the eur/usd
short term was good for 120 pips though

Up and running.

USD down against Yen, LB, EU and AUD.

Took your advice, and waited for the open,
snatched up as short  usd/jpy @ 95.30 

came back from dinner and it had come within 7 pips of my 50 pip limit

You will get 94.80, I would be shocked if you didnt.

got it wall>

I think something Im going to have to get over is wanting to go against previous weeks close.

when i started out I looked objectively at the last weeks close and came up with as many reasons why it continue or reverse.  Now with the US dollar being so weak I seem to always be looking for a reversal, just to run into more trouncing.

should be an interesting week. 

g/l guys. 

rick,

You got it because the Treasury secretary didnt say the right things today in China AND this gem which came out tonite-

Abu Dhabi Investment Authority Reviewing Long Term Strategy] RTRS To see if changes are warranted. This is a headline on the Reuters news wire and could be interpreted as a reference to potential USD diversification.