Perhaps we should have got these moves not long after the FOMC announcement. Well they are upon us now and there is no turning back. Dips are basically non existent. This is not a little picture market but a big picture market. I was surprised by the open ended QE2 decision and this spells disaster for the Dollar. It looks like we are on fast track to see 1.45 in EUR/USD, 1.0300 in AUD/USD etc. There will be pullbacks of course but this is not the time or place to pick tops. This is a TRENDING market.
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