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DRodriguezFX

David Rodriguez
New York, NY

Joined May 17, 2011

http://www.dailyfx.com/

David Rodriguez is a Quantitative Strategist for DailyFX.com specializing in statistical studies on currencies. http://www.dailyfx.com/page/risk_warning.html

DRodriguezFX
$EURUSD taking out the session's lows into the European close. I still see risk that $1.2730 hold here, not chasing weakness.

May. 22 at 12:00 PM

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DRodriguezFX
Italy's FTSE MIB up 3.4%, Spain's IBEX +2.0% on what feels like good old-fashioned short-covering. $EURUSD literally/figuratively unmoved

May. 22 at 11:00 AM

from Twitter
DRodriguezFX
The London open is a fine time for the $EURUSD to make its high for the day. That implies $1.2806 will hold as the high.

May. 22 at 5:30 AM

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DRodriguezFX
I'd like to see price action into the US open before selling $EURUSD, but sharp fall off 1.2800 favors downside.

May. 22 at 5:29 AM

from Twitter
DRodriguezFX
But, as @JoelKruger points out, I'd like to see a break of the recent $USDJPY downtrend channel before establishing a long position.

May. 22 at 5:25 AM

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DRodriguezFX
Further pressure on Japan will only increase the appeal of the $USDOLLAR as a safe-haven store of value. Big reason why I'm bullish $USDJPY

May. 22 at 5:24 AM

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DRodriguezFX
DJ FXCM $USDOLLAR Index seeing a nice bid on this Japan news. Important congestion resistance at 10130 next level to watch.

May. 22 at 5:14 AM

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DRodriguezFX
Noteworthy sell-off in the $EURUSD as it breaks the session lows. Congestion in 2750-2730 will be important to watch if we get there.

May. 22 at 4:55 AM

from Twitter
DRodriguezFX
The SSI-based 'Tidal Shift' strategy has just gone long $EURUSD as traders now roughly 50/50 on the day's bounce.

May. 21 at 4:10 PM

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DRodriguezFX
Alright, so $FB is a nice story and all, but let's get back to what we actually care about--$EURUSD testing key intraday congestion at 2730.

May. 21 at 9:37 AM

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DRodriguezFX
$FB stock is taking a 7% dive. Did someone suddenly wake up and realize $100 Billion is a lot of money?

May. 21 at 9:32 AM

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DRodriguezFX
$USDOLLAR http://stks.co/3usU FX Options volatility expectations highest since January. Not a good time to pick tops/bottoms.

May. 21 at 9:26 AM

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DRodriguezFX
Re: The extreme $EURUSD COT: I never try and catch a falling knife. Could EUR rally on short-covering? Sure. But can remain quite extreme.

May. 21 at 7:27 AM

from Twitter
DRodriguezFX
$USDOLLAR http://stks.co/3ugj SSI snapshot shows moderation in positions but traders still net-short USD.

May. 21 at 7:26 AM

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DRodriguezFX
$EURUSD http://stks.co/3ugR COT positioning shows Non-commercials the most short Euros in history. Quite significant.

May. 21 at 7:22 AM

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