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  • Ukraine: Why you should really be worried this time

    From cnbc.com

    The situation in Ukraine looks ever further from the peaceful, or at least contained, solution Western leaders were hoping for. As Russia's territorial ambitions seemed closer to all-out war with its neighbor, Ukrainian President Petro Poroshenko canceled a planned trip to Turkey, and U.S. President Barack Obama declared: "Russia is responsible for the violence in eastern Ukraine," markets were unsettled Thursday and Friday morning. › Street bets on limited Ukraine fallout...for now Yet markets are still underestimating the risk, some analysts of the region are warning. "Many people have been in denial for too ... (full story)

buy EUR/USD take profit 1.35xxx
well, far away from a cool off...!
  • Post #3
  • Quote
  • Edited at 8:35am Aug 29, 2014 8:10am | Edited at 8:35am
EUR is going up and Dollar is going up...crazy market!

GO RUSSIA GO
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Quoting mima
EUR is going up and Dollar is going up...crazy market!

GO RUSSIA GO
Not sure it has anything to do with Russia mima - both are in ranges of opposite polarity that is why they can move in sync - euro is in accumulation to turn up and USD is in distribution to turn down so they can move in the same direction - it is an important marker or indication of the character of the balance of market power in the current market when viewed from the perspective of volatility structures. The market is always rational by the way (and never random even it its smallest interval because all that is done is to buy and sell all of the time and nothing else). Cheers

The Crow (-_-)

BTW: For anyone interested the euro has turned or is turning irrevocably. The said accumulation range has an immdeiate dimension or range given by 1.31526 - 1.32205 and it is highly unlikely that the low will be extended by much before we see amplitudes such as 1.32790 and much higher in the days ahead.
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  • Story Stats
  • Posted: Aug 29, 2014 7:30am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 2,431