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TFC Commodity Trading Forum

Re: Weekly Forecast: Markets Setting Up For New Ye

Hi SilverBear. I had no leveraged positions on so I had no stops to get run. My core position is long UUP.

If you look at an hourly, or 4-hour chart in euro you'll see the last two impulse moves down which created the lows made on 11/30 and 12/2, had both retraced higher by more than 66% on a closing basis -- no sell signals for us there. My focus last week was on long Aussie.