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  • #19,421
  • Aug 11, 2008 9:34am Aug 11, 2008 9:34am
I bet E/U will touch 1.4900
  • #19,422
  • Aug 11, 2008 9:35am Aug 11, 2008 9:35am
CNBC is sceaming about the strong dollar right now.

cwave
  • #19,423
  • Aug 11, 2008 9:35am Aug 11, 2008 9:35am
If price play below 1.4950, we will see 1.4300 this coming friday or early next week.

EU H4 - Continuation Bearish Pattern (Falling Three Method)
  • #19,424
  • Aug 11, 2008 9:39am Aug 11, 2008 9:39am
Quoting cwave
CNBC is sceaming about the strong dollar right now.

cwave
Probably a good time to get flat.
  • #19,425
  • Aug 11, 2008 9:46am Aug 11, 2008 9:46am
Gold Sell Off seams to be over

but now Oil is near it's todays low
  • #19,426
  • Aug 11, 2008 9:47am Aug 11, 2008 9:47am
I'm long @1.4916 and short at chf/usd.
  • #19,427
  • Aug 11, 2008 9:50am Aug 11, 2008 9:50am
seems we are heading a long way down, usd getting strong and all that....
  • #19,428
  • Aug 11, 2008 10:07am Aug 11, 2008 10:07am
Quoting cwave
CNBC is sceaming about the strong dollar right now.

cwave
this means that many people will rush in, because they still don't realize what the news really are, so the big money can dump their worthless dollars without pushing price down to fast, because enough people buy their dollar crap. always the same, and thereafter the eur rallye continues.
  • #19,429
  • Aug 11, 2008 10:17am Aug 11, 2008 10:17am
again - not seeen the low for the day
  • #19,430
  • Aug 11, 2008 10:22am Aug 11, 2008 10:22am
It looks like the long term support has been broken. To be honest, I didn't expect this at all.
  • #19,431
  • Aug 11, 2008 10:28am Aug 11, 2008 10:28am
EU still has room to fall. As long as it does not close below 1.4835/45 it should find support and start to reverse. Thats where I would be looking to go long. Today is building a bearish pinbar. could see further fall tomorrow.
Weekly chart.
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  • #19,432
  • Aug 11, 2008 10:30am Aug 11, 2008 10:30am
New low for EU
  • #19,433
  • Aug 11, 2008 10:31am Aug 11, 2008 10:31am
Quoting Dr.Geppynius
this means that many people will rush in, because they still don't realize what the news really are, so the big money can dump their worthless dollars without pushing price down to fast, because enough people buy their dollar crap. always the same, and thereafter the eur rallye continues.
You sure you're on the right thread?

Because I haven't seen much of a EURO rally for at least a week.

Let's see where the EURO crap finishes on the week.
  • #19,434
  • Edited 11:48am Aug 11, 2008 10:31am | Edited 11:48am
GBP/USD did break South, looking to Sell EUR/USD after retresmant near 1.4929.
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  • #19,435
  • Aug 11, 2008 10:31am Aug 11, 2008 10:31am
Quoting mokonni
again - not seeen the low for the day
Yep, im out with few profits, not the moment yet.
  • #19,436
  • Aug 11, 2008 10:35am Aug 11, 2008 10:35am
A lot of money has gone out of Gold and Oil. The 2 Year and 10 Year US Bonds are being Sold. The Yield is going Up. Not all the funds are going into the Dow and other US Exchanges. These actions are giving great additional strength to the US Dollar.

I do not know when BUT count on it ! A Powerful Correction !!!
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  • #19,437
  • Aug 11, 2008 10:36am Aug 11, 2008 10:36am
nice move took 18 from the table

and scalped some before .

green for the day
  • #19,438
  • Aug 11, 2008 10:37am Aug 11, 2008 10:37am
4750 here we come..
On the path to Enrichment.
  • #19,439
  • Aug 11, 2008 10:37am Aug 11, 2008 10:37am
When's the last time a particular currency had this kind of run? It's been two weeks and no one can predict the bottom for the USD.
  • #19,440
  • Aug 11, 2008 10:39am Aug 11, 2008 10:39am
Quoting Doniboy
When's the last time a particular currency had this kind of run? It's been two weeks and no one can predict the bottom for the USD.
how about 4880
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