Dig in, complacent longs!

Author: Jamie Coleman | Category: News

I’ve been warning against complacency among EUR/USD longs for a long-time. It’s been a slow-speed decline, so the pain has been fairly modest (save for Monday morning’s jolt…)

The longs are only more complacent, just as predicted.

Longs, I think the end is neigh. Stops below 1.2950 are suddenly feeling very vulnerable to me despite this morning’s bounce ahead of 1.2980.

A crappy stock market this afternoon and legions of you will be carried out of your positions toes-up…

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