Posts by "brizzy"

Ashraf, given the break of the 2008 high at 1.2965, which was a technically significant event and would suggest further gains should follow, plus considering the positive 'carry' and fundamental outlook which should continue to support the uptrend, are you now as comfortable with the short position as you were when producing the hot chart? I am looking at the 4 hour chart and I see overbought signals; however the above concerns me to be short so I would appreciate your view now that we have broken higher than you initially thought we would. Thank you, Alastair