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Euro channel pullback possible 051809



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Ninja as always excellent call. I've closed my trades and I'm heading to the cabin for a week. Keep up the great work! See you next Tuesday.
The Euro had a little surprise to spring. The following 2 charts shows a classic gotcha. While the longs may get bailed out eventually, having been in this very predicament in the past, I certainly feel for them (unless I was one selling to them above the channel, lol).

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Heres how we finally turned out.

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