those who can, do. those who cant, talk about those who can
- #48,921
- Dec 9, 2008 12:38am Dec 9, 2008 12:38am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
- #48,923
- Dec 9, 2008 12:40am Dec 9, 2008 12:40am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
those who can, do. those who cant, talk about those who can
- #48,925
- Dec 9, 2008 12:43am Dec 9, 2008 12:43am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
those who can, do. those who cant, talk about those who can
- #48,926
- Dec 9, 2008 12:52am Dec 9, 2008 12:52am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
yeah missed 50 on the aud/usd and maybe more. 250 potential..maybe next time..
- #48,927
- Dec 9, 2008 12:53am Dec 9, 2008 12:53am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
those who can, do. those who cant, talk about those who can
- #48,928
- Dec 9, 2008 12:56am Dec 9, 2008 12:56am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
those who can, do. those who cant, talk about those who can
- #48,929
- Dec 9, 2008 1:07am Dec 9, 2008 1:07am
Good morning all,
Yesterday turned out to be exactly as I described in my first morning post:
T1 @ 1.2887 - R2
This is an important one, if it fails to break south, we might see another bullish outbreak towards R3 @ 1.2975 with an attempt to touch 1.30
Still I cant get rid of the thin air feeling, commodities and stocks rose on the back of a new president stating a better then ever strategy to support the financial crisis in the USA.
We have a saying in Europe..."Actions speak louder then words"...
For some reason the currency market seems very responsive to this saying...
Today European session:
Ranging between MS1 @1.28395 and pivot @1.28812
Key factor this morning is simple:
German ZEW Economic Sentiment at 10am (GMT)
This should provide the directions for the morning session.
One remark, someone stated earlier I was wrong about this bull run to have no steam...I don't mind remarks, I don't have a crystal ball and I don't see this forum as a competition who's right or wrong.
All I do is give you a short analysis and prediction based upon extensive and very experienced research, proven to be successful for many years...
Overall I'm still bearish, figures at 10am will tell us more for today..
I maintain my believe there is no reversal as of yet..only a clear break of 1.30 followed by a clear break of 1.33 will show a bullish continuation pattern..
Until then...my view maintains..bullish break outs in a bearish market.
As always...just my 2 cents...
Yesterday turned out to be exactly as I described in my first morning post:
T1 @ 1.2887 - R2
This is an important one, if it fails to break south, we might see another bullish outbreak towards R3 @ 1.2975 with an attempt to touch 1.30
Still I cant get rid of the thin air feeling, commodities and stocks rose on the back of a new president stating a better then ever strategy to support the financial crisis in the USA.
We have a saying in Europe..."Actions speak louder then words"...
For some reason the currency market seems very responsive to this saying...
Today European session:
Ranging between MS1 @1.28395 and pivot @1.28812
Key factor this morning is simple:
German ZEW Economic Sentiment at 10am (GMT)
This should provide the directions for the morning session.
One remark, someone stated earlier I was wrong about this bull run to have no steam...I don't mind remarks, I don't have a crystal ball and I don't see this forum as a competition who's right or wrong.
All I do is give you a short analysis and prediction based upon extensive and very experienced research, proven to be successful for many years...
Overall I'm still bearish, figures at 10am will tell us more for today..
I maintain my believe there is no reversal as of yet..only a clear break of 1.30 followed by a clear break of 1.33 will show a bullish continuation pattern..
Until then...my view maintains..bullish break outs in a bearish market.
As always...just my 2 cents...
- #48,930
- Dec 9, 2008 1:26am Dec 9, 2008 1:26am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- #48,931
- Dec 9, 2008 1:32am Dec 9, 2008 1:32am
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
those who can, do. those who cant, talk about those who can
- #48,933
- Dec 9, 2008 2:17am Dec 9, 2008 2:17am
- Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
- #48,935
- Edited 2:37am Dec 9, 2008 2:24am | Edited 2:37am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
correlation of what?
He makes some good calls, but I have no idea how he trades.
Or maybe I am alone
- #48,936
- Dec 9, 2008 2:26am Dec 9, 2008 2:26am
- Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
- #48,938
- Dec 9, 2008 2:45am Dec 9, 2008 2:45am
- Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
I'm glad I'm not alone
He makes some good calls, but I have no idea how he trades.
Or maybe I am alone
he seems sleepy in the voice messages in the blog... maybe not to sleep is the key.
- #48,939
- Dec 9, 2008 2:56am Dec 9, 2008 2:56am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
he won't tell...
he seems sleepy in the voice messages in the blog... maybe not to sleep is the key.
Now I get to go to work