Spectacular dollar rally, or
When a market as large as the currency market moves as much as it did last week, you would think there is a major economic event that occurred. Well, there should have been, and it is my hypothesis that someone intervened in the dollar. The nonsense coming from the talking heads just does not make sense or I am not stupid enough to buy the Euro recession argument.
Just look at the fall off, way below the 200 day moving average. Now how many dollars are there and what percent of them need to be bought and Euros sold in order to make a move like that. Look out, it is a head fake or a FXE buying opportunity.
Just look at the fall off, way below the 200 day moving average. Now how many dollars are there and what percent of them need to be bought and Euros sold in order to make a move like that. Look out, it is a head fake or a FXE buying opportunity.


I thought it would be easy. I thought it'd take me one year to be Salma Hayek.
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