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- norrismp replied Aug 20, 2009
Correct URL for the forex income calculator: http://piphut.com/forex-income-calculator
- norrismp replied Nov 13, 2008
We have an important support level at 1.2300 coming up for the EUR/USD. Resistance is now between 1.2625-1.2650. Graphs and source: url
- norrismp replied Oct 28, 2008
Time to go long? — "10-28-08 2:58a GMT - Is it time to start buying the EUR/USD pair? It may be as the pair has just bounced off support around 1.2300, the weekly RSI is well below 30 and the Slow Stochastics on the weekly chart are trying to ...
- norrismp replied Aug 4, 2008
Clouds, just curious but do you know what the correlation % between USD/CAD and CAD/JPY is?
- norrismp replied Jul 6, 2008
We'll see if it breaks 107 though. Its been bouncing off that resistance for a few days now. Might be a good scalping opp if I were a scalper .
- norrismp replied Jul 3, 2008
I agree though the market is so volatile right now nothing is unbelievable. Pair appears to be bouncing off of trend support though (tested 4 times in the past few weeks) so I wouldn't be surprised if it started to rise. Couple that with the fact ...
- norrismp replied Jul 2, 2008
It looks like the EU pair might be entering a tight range between 1.5840 and 1.5715 in the short term. My charts and analysis here: url
- norrismp replied Jun 9, 2008
This is a great article, thanks for posting Bruce. This next paragraph though is perhaps the most indicative: "An estimated $1,2 trillion could be at risk of the nominal $62 trillion in CDOs outstanding, making it far larger than the sub-prime ...
- norrismp replied Jun 5, 2008
Looks pretty bearish for the EU on the daily charts. Lower highs and lower lows in a bearish channel both on chart and RSI.
- norrismp replied Jun 4, 2008
On your chart above on the previous two bounces we've seen a bullish hammer reversal candlestick and then a bullish reversal doji candlestick. If we see a bullish candlestick here then I would go long but not before.
- norrismp replied Jun 4, 2008
I agree especially with Bernanke's hawkish comments. Big money is going to starting pulling its money from its USD shorts.
- norrismp replied Jun 4, 2008
1.5390 was major support. Its break signals further EU losses. 1.5365 next support level. Pass that and we are looking at a test of 1.5300
- norrismp replied Jun 4, 2008
I've never seen a 60M RSI so low... 16!
- norrismp replied Jun 4, 2008
Bulls and bears are about 50/50 in here - probably why the pair is in a tight range. Big money is staying out until ECB meeting tomorrow.
- norrismp replied Jun 4, 2008
Well pair is approaching channel trend resistance and might be heading to the downside. I'll look for a bearish candlestick to confirm the trade before entering short. My charts and whatnot: url
- norrismp replied Jun 4, 2008
after the break of 1.96 I am looking for the pair to trace back up to 1.96 (hourlies are oversold), gain some breathing room on the RSI and then enter short on a bearish candlestick for a test of 1.9500. My charts and analysis: url
- norrismp replied Jun 4, 2008
I think if it does it is going to be a long flagpole as a lot of spec traders have stops there to charge through, not a slow trickle downward.
- norrismp replied Jun 4, 2008
Hmmm I got EUR/USD bouncing off resistance between 1.5480-1.5500 and making a run for a test of at least 1.5350. There is a bullish RSI since yesterday but that is pretty easily negated by another stab downwards. Also, pair is consolidating in a ...
- norrismp replied Jun 3, 2008
Nice 130-pip rise off that one. Multiply that by a couple of lots .
- norrismp replied Jun 3, 2008
Got a bullish hammer closing on the 60M charts right on top of support. Going long 2. My charts and analysis here. url