Sure it will, it dropped downd because of the news. But the trend is up, so it will comeback, and make higher highs...
am long on2.0503
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Cable (GBPUSD) vs Euro (EURUSD) 31 replies
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DislikedSure it will, it dropped downd because of the news. But the trend is up, so it will comeback, and make higher highs...
am long on2.0503Ignored
DislikedGold has a little upside maybe but around 600 by year end me thinksIgnored
DislikedWhat do you mean by still haven't heard of EURGBP, and where are your posts on itIgnored
DislikedIf DOW = 14,000, our thread is coming to 20,000 mark..
WHO WILL POST THE 20K post??Ignored
DislikedIn my believe, the American Economy is strong, (look at the stock market, is not bad at all) I live in USA and I see the economy clearly. there is no problem down here. The housing problem which they talk about it happend because of two reasons
1.There is over supply; 130 residential units for 300 millions:
Means every two people (about) share one unit. while in Europe and Japan every 3 to 5 people share one unit
2. The low interest rate and the easy loans process introduced to the housing market unqualified buyers-unable to pay the mortgages. So the housing problem in USA is an independent problem that should not have a big effect on the economy.
What Bernark said yesterday; just to drop the responsibility off his shoulders and in my believe, he must raise the interest rate to its old level (5.75%) to protect the dollar and that will not hurt the housing market.
The dollar now is not weak, it just under attack and will wake up again I think.Ignored
DislikedGold is showing a possible head and shoulders which is indicative of a topping out formation, 600 or just above I'd say 612 is highly likelyIgnored
DislikedI would love to vote for soros_jr.. IF cable manage to reach 2.1000 by the END OF THE WEEK
If not.. my other candidate is :Ignored
Disliked
P.S. There is no tangible correlation between the DAX and the USD.Ignored
DislikedStop listening to what others are saying / calling and just listen to what the charts are saying.
Is the chart up? Down?
Are there bullish setups? Bearish ones? Is it unclear and best to stay away?
Etc.
Also the chart will tell the actual price where the weekly bar closes...Ignored
DislikedIf Euro is not desperately trying to make a double top than i don't know what it's doing nowIgnored