Moving to the sidelines

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The Euro             blew through our support watch area. LESSON: This is why we look at lower time frames for entries. If you are blindly trying to enter on support/resistance your account will get ripped. With the Euro             zone weakening we will stand on the sidelines until the market firms up or we see a nice pullback.

Be patient...the Euro             will give us opportunity.
QE by ECB probably soon
It wouldn't surprise me. Have a nice weekend
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