Dislikedalso when the fed creates this magic money, that inflation isn't realized immediately.Ignored
Maarten
- #27,303
- Sep 4, 2008 5:33pm Sep 4, 2008 5:33pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
Some traders a possible bounce,no.
I see a broken line!
- #27,305
- Sep 4, 2008 5:35pm Sep 4, 2008 5:35pm
- | Joined Apr 2008 | Status: cold steel and sunshine | 443 Posts
If it doesn't recover tomorrow then I will short Euro and will not close until it reaches 1.35.
I should have done that from 1.50.
- #27,306
- Sep 4, 2008 5:37pm Sep 4, 2008 5:37pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
Guys mark my word:
This is the last U.S. rally and from tomorrow things will change.
Euro and GBP will rally and recover atleast 300 to 500 pips.
I am on the side for that rally tomorrow.
Let them fall for the last time. Enough is Enough...
NFP will come out with a big surprise to the downside.
What i see it has broken the support level and 1.35 is the future to come...
It really looks like they want to send this sucker to 1.4000, which is .50 fib level. Can't believe these suckers would wait until everyone left for the day and knowing the thin volume they can attack hard
Maarten
- #27,312
- Sep 4, 2008 5:45pm Sep 4, 2008 5:45pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
Me to, that is what I am trying to say. I just thought I should post it for you guys.
Maarten
I was hoping that my 1.4306 level holds to start thinking of going long to a possible 1.4750 target, but it was broken a couple of minutes ago, so now we must wait to confirm if this is not more than a false Break, it can be, but my feeling is that we will continue to see more drops.
Now I am waiting to see if 1.4177 holds or not.
A trade channel of 1.41/1.47 it is possible to see in the next days, but I prefer to stay out of longs until we see at least 1.35 level.
- #27,313
- Sep 4, 2008 5:46pm Sep 4, 2008 5:46pm
So...should we still mark your words that the rally is over?
NFP will show a big surprise to the downside.
I will setup my long trade with tight stop 5min. before the news.
{Promotion Removed}
Your Charts are very good and shows my view.
I was hoping that my 1.4306 level holds to start thinking of going long to a possible 1.4750 target, but it was broken a couple of minutes ago, so now we must wait to confirm if this is not more than a false Break, it can be, but my feeling is that we will continue to see more drops.
Now I am waiting to see if 1.4177 holds or not.
A trade channel of 1.41/1.47 it is possible to see in the next days, but I prefer to stay out of longs until we see at least 1.35 level.
)Maarten
- #27,320
- Sep 4, 2008 6:09pm Sep 4, 2008 6:09pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
Thats exactly what I am thinking. I will post some charts tomorrow about that. By the way I am very confused about the .382 level, it is so weird that it is broken. I really thought the euro bull market started again (thank the lord for stop loss orders
Maarten
What does it mean?
We can see the parity or even lower in this period of time.
I have predicted here what it is happening, big drops before we can see a pause.
As we saw a very fast up move from 1.38 to 1.60 now we may see the reverse move at faster speed.
We are in levels that will tell if we can reach at 1.35 this Year or not.
Monthly EMA8 it is at 1.4970, 700 pips from today, it is this gap that can set a trigger to go long, but important support levels are getting broken, this is why charts are to hard to get a nice interpretation, Daily RSI it is at lowest level since long time, one more trigger to go long, but all this can be fooled, will it be?
