6 Responses

  1. Ben November 18, 2012 / 9:30 pm

    Long in Seattle.

  2. schmederling November 18, 2012 / 10:21 pm

    just holding NZD/USD….. all my final PM positions were placed last…. now we wait…. relax a little

  3. Ben November 19, 2012 / 10:51 am


    • Forex Kong November 19, 2012 / 11:39 am

      Short and to the point here as of last night…in that….there really isnt much else to say….QE money hittin the markets all day to day and tomorrow.

  4. Richard November 20, 2012 / 7:55 am

    I see a bearish butterfly pattern on SPX with a 2.618 extension up to point D, which is where current price level is, normally this should/would retrace back down to 1,350 – any ideas?

    • Forex Kong November 20, 2012 / 8:01 am

      Wow….that’s a lot of number’s n math Richard!

      I have little faith in anything playing out quite that specific – but certainly re tracements of large moves are a regular part of market dynamics. Considering such a significant turn and as powerful a day as yesterday – Im of the thinking that we get some follow through here today…or some flat consolidations. 1350 isn’t in my sights – but (as we both know) that doesn’t mean it isnt gonna happen!

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