Well, that didn't happen
Not all sins are created equal
- #74,941
- Mar 12, 2009 6:04pm Mar 12, 2009 6:04pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
- #74,942
- Mar 12, 2009 6:04pm Mar 12, 2009 6:04pm
It looks to be nearing the end of its current up move though, with the final move of maybe tapping 1.2940 before heading down towards the daily pivot point of 1.2858.
I may be wrong, but it's very unlikely that it will blow past all resistance to make a high of 1.300 at this point in time.
It's more likely that it will head down to 1.2850, before making its move back up if that's the case.
I may be wrong, but it's very unlikely that it will blow past all resistance to make a high of 1.300 at this point in time.
It's more likely that it will head down to 1.2850, before making its move back up if that's the case.
Well, that didn't happen
- #74,944
- Mar 12, 2009 6:07pm Mar 12, 2009 6:07pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #74,945
- Mar 12, 2009 6:09pm Mar 12, 2009 6:09pm
- Joined Oct 2008 | Status: sideline is a position | 105,146 Posts
Sorry but...YES!
those who can, do. those who cant, talk about those who can
- #74,946
- Mar 12, 2009 6:10pm Mar 12, 2009 6:10pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Ahem! Hello!
- #74,947
- Mar 12, 2009 6:11pm Mar 12, 2009 6:11pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
I forget who last week was telling me I was wrong that the Euro didn't start until 2002.
Well just one more of many sources, that UK Telegraph news article from a little earlier states:
"The global recession means that the euro is facing its strongest test since its launch a decade ago as the less productive countries such as Spain, Greece and Italy have failed to match the efficiency of some of Europe's faster growing economies".
BTW that is my sentiment as well but most of you know that by now, regardless of this mini uptrend.
Yet, England is my favorite country in the EU.
ANd yes, yuroo as a paper currency started in 2002, before that was just a speculative currency, now while some outside the EU area... well i won't even go there, abort mode. You short the Euro, i'll long it
Traders are smartasses
- #74,949
- Mar 12, 2009 6:16pm Mar 12, 2009 6:16pm
- | Joined May 2008 | Status: Nudist | 1,098 Posts
How's that 1 hour bar on the swissy!!! 
My remaining shorts were stopped out just above the 4hr inverse shampoo neckline and my long was triggered and TP hit, all in one damn bar
One of those times where you wished you didn't set a TP.
My remaining shorts were stopped out just above the 4hr inverse shampoo neckline and my long was triggered and TP hit, all in one damn bar
One of those times where you wished you didn't set a TP.
- #74,950
- Mar 12, 2009 6:21pm Mar 12, 2009 6:21pm
- | Joined May 2008 | Status: Nudist | 1,098 Posts
I forget who last week was telling me I was wrong that the Euro didn't start until 2002.
Well just one more of many sources, that UK Telegraph news article from a little earlier states:
"The global recession means that the euro is facing its strongest test since its launch a decade ago as the less productive countries such as Spain, Greece and Italy have failed to match the efficiency of some of Europe's faster growing economies".
BTW that is my sentiment as well but most of you know that by now, regardless of this mini uptrend.
April 1st, 1989 to be exact.
- #74,951
- Mar 12, 2009 6:22pm Mar 12, 2009 6:22pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
UK has a problem, big one, it's called elbow pain, and right now as a pain probability of 0.92...
Yet, England is my favorite country in the EU.
ANd yes, yuroo as a paper currency started in 2002, before that was just a speculative currency, now while some outside the EU area... well i won't even go there, abort mode. You short the Euro, i'll long it
But trading started in either 98 or 99.
Trading is what I do. I don't print euro or dollars bills. Do you?
Who cares when the paper money came out when they are discussing exchange rates and forex trading.
- #74,952
- Mar 12, 2009 6:23pm Mar 12, 2009 6:23pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Why do my charts date back to 1989 on this pair?
- #74,955
- Mar 12, 2009 6:27pm Mar 12, 2009 6:27pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
Why do my charts date back to 1989 on this pair?
Data before 1998 is based on DM (Deutsch Mark) thus not reliable, in my case, i do not rely on data before 2002. Not that important though, just for historical or argument reasons
Traders are smartasses
- #74,956
- Mar 12, 2009 6:29pm Mar 12, 2009 6:29pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #74,957
- Mar 12, 2009 6:30pm Mar 12, 2009 6:30pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
Yes printing and distributing Euro started in 2002.
But trading started in either 98 or 99.
Trading is what I do. I don't print euro or dollars bills. Do you?
Who cares when the paper money came out when they are discussing exchange rates and forex trading.
Demand for a currency depends on it's availability. I know in the US even if they print 1231827918237 notes the value is still the same, not the practice here (at least yet
). Now to clear this up, I understand your point, it's valid, so is mine, no currency is solid without existing physicly, being traded on all available means, not just electronicly.
Traders are smartasses
- #74,958
- Mar 12, 2009 6:30pm Mar 12, 2009 6:30pm
- | Joined May 2008 | Status: Nudist | 1,098 Posts
Data before 1998 is based on DM (Deutsch Mark) thus not reliable, in my case, i do not rely on data before 2002. Not that important though, just for historical or argument reasons
- #74,959
- Mar 12, 2009 6:32pm Mar 12, 2009 6:32pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Well Jay, you're the guy with the experience.
What do you think?
http://i43.tinypic.com/29zptef.gif
Stoch indicates that it may continue up. But if it does, it will not be in a straight line. I expect a dip on the daily but can't tell whether or not it will be short lived.
Not all sins are created equal
