Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
EUR Trade Index 18-Year Chart
Daily EURO chart of 18 years of cyclical developments in finance & politics
Personally I don't see so many fundamentals which are good for the dollar in the long run...
sostras, no i dont.
Ashraf
u risk to get busted while u sleep if u let ur position running.
there are the zero line reversal and the macd and the signal line are heading to the zero axis.
that usually indicate that a break above from below is insustainable.
ashraf
imagine if yen and usd will compete as funding currencies. this scenario can be possible?
from the 20 of dec at 1.4216 to 1.4455 the 29th of dec i count a first wave. that must be followed a wave that can be what is called a flat with already wave A and B already terminated, wave C of major wave C in progress. that gives me an target of 1.4220 or below
what is important to me is the wave before the one formed the 20th of dec.
if its a 3 waves corrctives pattern then we r back at the 1.48 level
if its a 5 waves correctives pattern then we r down 1.32 1.28
i understand ur 1.42 points now.
i think u can drop if it break 1.428
u save 80 pips
i know i pushed the joystick at hyperspace but was just a suggestion. have a look at a 10 year chart.
You buying eur.usd here at 1.4315? As I said yesterday, the eur PPT was desperately trying to keep eur/usd above 1.44, otherwize they knew 75 pips would be ratcheted off. I was off by 10 pips.
I am waiting for the eur PPT to bid up eur to mid-to-upper 1.43's so I can get yet another crack at shorting it.
I have a day order to buy eur.usd at 1.375, lol. Now THAT is confidence. Actually, it is a gtc order.
Funny, the eur PPT Boy Toy eur.gbp has slipped back to .8982? Why? Everyone knows eur.gbp is heading higher, a lot higher. When do you think the PPT will show up again. They seem to like to come in late-Asian, early Eurpean session.
I am buildoing a long position in the Boy Toy eur.gbp. Gonna run with the Big Boy Money Making PPT!
What will be cool is to make on the decline of eur.usd wile eur.gbp increases. Holy cow, just imagine what would happen to gbp should this scenario occur.