Daily/Intraday Momentum Analysis

I was just thinking a fall to 219.xx to even markam's 210.xx. And looking back on a monthly chart, it seems like the carry trade does an unwind around Feb., March.

Thanks Aus!

Ok I see I jumped the gun with the momentum since it was yesterday's chart here is the new one. Red is the 14 blue 10 I see it is different from your pic. do you use FDDFX? Thanks for the reply and teachings, still working on understanding the mom. system.
ADB

15min short soon?

yeah, but still need some confirmation.

So Aus when the daily candle opens in the channel and the 1mom is down where is the projected target, 5sma or 5 s low, do you look at the 5channel on other timeframes than the daily? Thanks

ADBhttp://forexfactory.com/images/icons/icon14.gif

I have answered to this question somewhere on this thread.

aus, are u short and if u are where is ur SL, TP.

appreciate ur talent bro...

Thanks Aus for the Target on your Blog site. It was money

possible retracement

1hr. 5sma or back to the 1hr200ema. Lower time frames were oversold and we need more power to break the 1hr. Gann and 50ema and 100sma and daily pivot.

yess.. if it jumps above the daily 5sma High, it's a reversal upto weekly 5sma Low

Thanks

shorts.. be careful of a possibly reversal

We believe we are going to see a recession in ‘08

Like most economists, we get asked frequently whether or not we are going to
see a recession in the coming year. We think the answer is yes, even if we do not
have a negative real GDP growth in the forecast.
What we do have is virtually flat domestic demand, which is over a 1% contraction
in real per capita terms, a near-1% drop in consumer spending in the first half of the
year, and a full percentage point rise in the unemployment rate, which in the past
was recessionary. If past is prescient, the National Bureau of Economic Research
won't tell us if a recession has started for another two years, so the jury is still out.
And, while recessions usually are characterized by declining real GDP, keep in mind
that this metric averaged +0.8% in 2001. Our +1.4% forecast for 2008 is skewed by
a solid export picture, but domestic demand is seen coming in at a paltry +0.4%,
which would be even weaker than the +1.8% posted in the 2001 recession year.
If indeed, this ends up getting classified as a recession, then what we can offer up is
that the stock market is barely priced halfway for such an event, and the funds rate
doesn't bottom until it hits 0% or even negative in real terms (adjusted for core
inflation). This is why we see a 2% funds rate, in nominal terms, and a hugely steep
yield curve with the 10-year note bottoming around 3.5% before this cycle is done.
Chicago Fed National Activity Index is one of the most
reliable real-time indictors of economic activity
This view got some ratification today because one of the most reliable real-time
indicators of economic activity is the Chicago Fed National Activity Index, which
comes out monthly and includes an array (85 to be exact) of indicators that span
employment, production, consumer spending and housing. This index slid 0.73
points in October from a -0.25 average in 3Q — it is now down three months in a
row and in five of the past six. We haven't seen a number that low since April 2003
when the corporate sector froze up between the onset of Sarbanes-Oxley and the
Iraq war and the Fed was fretting over deflation risks and the jobless recovery. North American Economist
MLPF&S
[email protected]

Retracement or Possible reversal within the next 4hrs towards 225+ area..

the market is at indecission right now, but strong possiblility of downward.

AUS pls i would like to know what u saw that hinted on that large retracement. thanks as always.

Aus

My Chart looks so different than yours.

Thanks.

are sure your chart is updating, cos i am seeing what aus printed.