HexVex
Long

Will the Riksbank surprise Thursday morning?

FX:USDSEK   U.S. Dollar/Swedish Krona
247 14 8
There's big potential upside and the trend is up. This bull flag could be a good spot to go long. The obvious problem is the spread might widen at the time of any announcements and stop you out ending up with an anticlimax at the end. Covering your long might be wise so there's no loss in the hope we might just get lucky with the spreads.

Plan B - If the market doesn't get what it wants and there is a flash crash dip I will buy into it around the 20DMA.

Riksbank

Good luck!
Haha...I'm very bad at 'betting'. That CPI number can come in as anything. I have one open protected long and if there is a nice dip I'll buy it. This way I wont loose.
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Heads up... Swedish CPI tomorrow morning!
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2use HexVex
Whats your bet?
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Thanks Tech! :)
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Congratulations buddy
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Thanks buddy!
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2use HexVex
Dont forget to update it and also EURSEK )
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Will do... EURSEK has support around 9.50000 which is also the 68.1 of the last swing high. If that goes I'd stay away for a while. Euro group meeting with Greece has ground to an impasse and Euro pairs and stocks are showing the strain.
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2use HexVex
EURUSD at possuble bottom - not confirmed
USD has been running wild lately and is at turning points on many charts (I.e. weights down - not confirmed)
Eruozone itself has been showing signs of upswing, and If any major question or news flash leads the way, should support the EURUSD up.
With this, does the internal swedish things affect much the rates to EUR USD ? Cause they seem to be mimmicking a long the currencies trends
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SEK looks supported to me. It only took a hit from USD when wires ran comments from Eurogroup members meeting with the Greeks complaining it was going no where. Today's price action suggests Greek probs will support the Dollar but whether this reasoning works tomorrow is anybodies guess. EURSEK bias is to the upside. What happens in Sweeden doesn't affect the Euro zone as much as what goes on in the Euro zone affecting the Swedes. They have deflation & largest household debt on record. We're sure to see some moves tomorrow as there is Swedish CPI!
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