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Open Sell order @ 1.25454, will consider to adding into my current position if price just go all the way to 1.25771, because the movement seems already "parabolic" enough ...
According to Fat Tails` Intraday Volatility study(in my interpretation),the 6E should spike up 50 - 60 points(current state!everything can change).Let`s see if i use it properly.
With Yellen recently saying that The Fed could raise rates in the next couple meetings and the EU preparing a broad based QE package for the new year you will be waiting for a while for a good (strong) signal to go long EUR/USD. Euro weak/Dollar strong. Short the EUR/USD on the rallys until the fundamentals change. Short term sentiment will fluctuate but shorting the Euro is the best bet (in my opinion).
