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- plan-b replied Apr 21, 2010
H4 — will add to longs on a break of 1.3480 image
- plan-b replied Apr 20, 2010
I don't know about facts but usd does not look like a buy to me its about to go down image
- plan-b replied Apr 19, 2010
I suspect today may well be the obligatory down day for the week Longs loaded with a one or two bullets pending at 1.3405 and 1.3385 Only a weekly close below 1.338 will cause me to reconsider. image
- plan-b replied Apr 17, 2010
sorry, just seen this. I could be wrong but feb/march range looks like the left shoulder of an inverted h&s the double bottom looks like the inverted head neckline at 1.38 area april/may right shoulder? time will tell all this depends on reactions ...
- plan-b replied Apr 13, 2010
I don't know much about USDX but what does 81 level on this monthly chart going back to 1990 say? long term support turning to resistance? currently at about 50% retrace of last years drop to 74 If 81 holds usd might take a beating...food for ...
- plan-b replied Apr 12, 2010
Last week i issued a double bottom alert which played out to perfection breaking out of a strong falling trend line This weeks call is Inverted head and shoulders Right shoulder might take days or weeks to develop bouncing between 1.35 and 1.38 ...
- plan-b replied Apr 12, 2010
Currently might not be a good buying area, middle of nowhere. I will add to my longs big if it goes back to 1.345-1.355 image
- plan-b replied Apr 10, 2010
It will probably open and retrace down to 1.3362 plus change before taking out that upper TL which i think is still intact for now. gu might also give something back maybe to 1.52 As usual i will just open a weekly and wait for Friday close.. This ...
- plan-b replied Apr 9, 2010
Highly unlikely Falling wedge with double bottom at the end 1.38 might print before the end of april image
- plan-b replied Apr 9, 2010
Tomorrow is today and the close of this weeks candle will tell us if 1.3280 is it for now.. My screen is lighting up with all shades of green image
- plan-b replied Apr 8, 2010
A lot is said about it being on a down trend A case could be made( on higher charts) about it being on an uptrend with very violent retraces It does start at lower left side and seems determined to head towards the upper right image
- plan-b replied Apr 7, 2010
Bulls might be within a 100 pip radius of a good/perfect entry A likely slip below 1.33 (today/tomorrow) might be brief and bought with volume that will take it back above 1.345 by friday close. image
- plan-b replied Apr 7, 2010
If current area holds expect an upside break out image
- plan-b replied Apr 1, 2010
Might rally for a failure at 1.3625 area After that a fall might bounce at 1.34-1.3440 area and takes it towards 1.38 image
- plan-b replied Mar 31, 2010
I would be surprised if a week closed below 1.3350 looks like it's heading to 1.38(and maybe beyond) but the month candle would inspire more confidence if it closed around 1.36 image
- plan-b replied Mar 30, 2010
It may not happen soon but if that upper falling tl holds i may take a small short at around 1.07-1.08 targeting parity against 1.09-1.1 risk The only problem with that scenario is SNB image
- plan-b replied Mar 25, 2010
Might be wishful thinking or some valid lines- we'll see.. image
- plan-b replied Mar 23, 2010
We are yet to get out of range.. All i see are opportunities. image
- plan-b replied Mar 18, 2010
If the base is say 1.3440 1.4490 might be a reality, i guess it depends on the TF image