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  • #15,181
  • Jul 17, 2008 3:45pm Jul 17, 2008 3:45pm
I'm wondering if there has been some clandestine intervention going on the past 3 days?
  • #15,182
  • Jul 17, 2008 3:45pm Jul 17, 2008 3:45pm
Quoting SerpentDove
I haven't been at this that long... but that is one MESSED up looking chart. Well, to me it looks like a train wreck.

Shall we call this the 'expanding accordian' chart pattern?
Attached Image
  • #15,183
  • Jul 17, 2008 3:46pm Jul 17, 2008 3:46pm
I guess this is about GOogle..
  • #15,184
  • Jul 17, 2008 3:47pm Jul 17, 2008 3:47pm
Quoting Russell
I'm wondering if there has been some clandestine intervention going on the past 3 days?
Why? EJ is up to 169, moved 400 pips up, EU is at highs 1.58 , are you just mad you didn't get see your 1.72? Well, you won't. You'll see EJ 180 before you see anything over 1.60 with EU. I don't know, hah, but just because it doesn't move like you want it too, don't cry intervention.
  • #15,185
  • Jul 17, 2008 3:50pm Jul 17, 2008 3:50pm
Quoting Clouds
Why? EJ is up to 169, moved 400 pips up, EU is at highs 1.58 , are you just mad you didn't get see your 1.72? Well, you won't. You'll see EJ 180 before you see anything over 1.60 with EU.
Somebody's opinion from a couple of days ago.
http://www.jsmineset.com/cwsimages/M...y1508-USDX.pdf
  • #15,186
  • Jul 17, 2008 3:53pm Jul 17, 2008 3:53pm
One more opinion.
http://www.marketoracle.co.uk/Article5500.html
  • #15,187
  • Jul 17, 2008 3:56pm Jul 17, 2008 3:56pm
Quoting LizardGizzard
Broadening triangle
This?
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  • #15,188
  • Jul 17, 2008 3:59pm Jul 17, 2008 3:59pm
Just IMHO My SL is 1.5760.
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  • #15,189
  • Jul 17, 2008 4:18pm Jul 17, 2008 4:18pm
Yeah, looks like a genuine push to retest 1.6.
There's always money in the banana stand.
  • #15,190
  • Jul 17, 2008 4:23pm Jul 17, 2008 4:23pm
Quoting Russell
Somebody's opinion from a couple of days ago.
http://www.jsmineset.com/cwsimages/M...y1508-USDX.pdf
The dollar sits on the edge of a precipice and, could go into freefall if pushed. This same view was expressed yesterday by a very eminent Wall Street trader on CNBC.

Bernanke has already stated that in rare and unusual circumstances the Fed would intervene in the market.

We cannot be sure if or when this happens but it cannot be ruled out - so of course, it is possible that intervention has occurred.
  • #15,191
  • Jul 17, 2008 4:24pm Jul 17, 2008 4:24pm
flag and bullish divergence on hourly
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 47 KB
twitter : #zoneforex
  • #15,192
  • Jul 17, 2008 5:18pm Jul 17, 2008 5:18pm
Quoting Clouds
This?
Attachment
Thanks for pointing it out. It realy did have me puzzled. My brain just wouldn't recognize it for what it was most of the day. Total block.
  • #15,193
  • Jul 17, 2008 6:09pm Jul 17, 2008 6:09pm
What a cakewalk on the one minute EUR today. Does it get any better than this? I submit that it does not.

-Liz

P.S. I didn't take all these trades btw. Just two of them. Still, the opportunities abounded today.
Attached Image (click to enlarge)
Click to Enlarge Name: EURO 1 MIN.jpg Size: 222 KB
There's always money in the banana stand.
  • #15,194
  • Jul 17, 2008 6:26pm Jul 17, 2008 6:26pm
Sold Eurusd At 15856 Stop 15881

Limit 15810,15790
  • #15,195
  • Jul 17, 2008 7:10pm Jul 17, 2008 7:10pm
Yup, EUR looks to be even further southward bound.
There's always money in the banana stand.
  • #15,196
  • Jul 17, 2008 7:20pm Jul 17, 2008 7:20pm
Just wanna know what some ppl's predictions are on what price on the EU will this go back on its uptrend?
  • #15,197
  • Jul 17, 2008 7:22pm Jul 17, 2008 7:22pm
You'll have to wait for price action to tell you that. Predictions are as useful as a Magic 8-ball.
There's always money in the banana stand.
  • #15,198
  • Jul 17, 2008 7:24pm Jul 17, 2008 7:24pm


Quoting LizardGizzard
You'll have to wait for price action to tell you that. Predictions are as useful as a Magic 8-ball.
  • #15,199
  • Jul 17, 2008 9:04pm Jul 17, 2008 9:04pm
Mirror, mirror on the wall, who is the strongest of them all? The mighty bulls or the beastly bears?

Price action will give you the answer bellows my mirror
  • #15,200
  • Jul 17, 2008 9:50pm Jul 17, 2008 9:50pm
Quoting LizardGizzard
You'll have to wait for price action to tell you that. Predictions are as useful as a Magic 8-ball.

Yeah and the Central bank is as useful as the money they print....Im still holding one long @ 1.5703
It's me...
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