A little while ago I was trying to figure out where to take profits in my Eur/Greeny trade. So imagine my surprise when I tuned in to FX360.com and, not only are they using the price that we chose earlier (thanks to ActionForex)...but they have a swing trade limit order to buy there! Now that would be bold of me...cover my shorts and then turn around and go long!
I probably would need to think twice because I think the Dollar is going to break resistance here and I don't like all the games the Ecb is playing.
Also, the equity markets are at big time resistance. Earnings are coming out in force this week, and you have to wonder how much bad news can be shrugged off.
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Are These Stocks Naughty or Nice?
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