I took some screenshots immediately after FOMC to record how prices went. Sadly I was still unable to close my positions. FED's QE is less than half of QE1 and 2 and less than expectations by a bit. They will be purchasing mortgage securities at $40 ...

My Learning Journey

nice call

E.&O.E.

Wonder where it will correct to

EurAnalysis

Yes they are. 3 scenarios. QE. No QE. Lesser than expected QE.

EurAnalysis

All the hidden meanings

Aussie Trading Room and Cartoons Gallery

The bear's chair was supposed to be facing down?

Aussie Trading Room and Cartoons Gallery

My chart Pre-FOMC for QE3 Announcement. Will they announce it? I'm guessing not. Either way I expect a downward retracement to at least 1.26638 or 1.26477, lowest of 1.25935. If this is indeed the end of Wave 4, we would likely see 1.23827. Then ...

My Learning Journey

I see a 1.02xx revisit of channel bottom! Edit: Okay maybe not. Maybe 1.03683 +/-

Aussie Trading Room and Cartoons Gallery

Check your PM

EurAnalysis

No spike for you!

EurAnalysis

url This article made me laugh so hard

EurAnalysis

Yes definitely. I would prefer to trade in stable ranges where I know the ups and downs or in stable trends rather than such unstable conditions that occured 6 weeks ago.

EurAnalysis

That's what I'm thinking of too. As long as I safely get out of my positions, I'm okay with QE3

EurAnalysis

Blank image?

EurAnalysis

Ah okay, I get it now. I'm still really bearish here. QE3 will definitely shock me.

EurAnalysis

Shhh. Don't expose me

EurAnalysis

That's a long way to drop!

EurAnalysis