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  • #79,841
  • Mar 25, 2009 12:09pm Mar 25, 2009 12:09pm
areas of interest.. 3748 22 3673 41 05 3579 30 3488 60 39
those who can, do. those who cant, talk about those who can
  • #79,842
  • Mar 25, 2009 12:18pm Mar 25, 2009 12:18pm
Quoting mmeador
Agreed, I am long from 1.3535. Hoping it can get through our resist of 1.3560

EDIT: looks like it has a futher downside before the retrace. Got out at 1.3551
Hey Meador,
I guess we were right about this short upwards move. I hope you enjoyed those FREE 50+ pips, as I did

Shutting up the nay-sayers ...
  • #79,843
  • Mar 25, 2009 12:22pm Mar 25, 2009 12:22pm
wow, this is like uber cool, almost a 100pips move in 3 minutes.
  • #79,844
  • Mar 25, 2009 12:27pm Mar 25, 2009 12:27pm
Quoting albchr
Just seems to me that no one but the big boys are playing the game anymore.
They are playing it now more then ever.
  • #79,845
  • Mar 25, 2009 12:27pm Mar 25, 2009 12:27pm
What the heck is causing this move now? GO DOWN!!!
  • #79,846
  • Mar 25, 2009 12:35pm Mar 25, 2009 12:35pm
back to lower 35s? waiting for it to go back there...
  • #79,847
  • Mar 25, 2009 12:38pm Mar 25, 2009 12:38pm
Why are you waiting for anything? Just go with the flow.
  • #79,848
  • Mar 25, 2009 12:39pm Mar 25, 2009 12:39pm
Quoting govno
Why are you waiting for anything? Just go with the flow.
And, in your view, the flow is...?
  • #79,849
  • Mar 25, 2009 12:39pm Mar 25, 2009 12:39pm
Quote
Updated - A few minutes after saying the U.S. is open to an SDR linked currency, Geithner clarified his comments by saying that there is "no change in dollar as world's reserve currency and likely to remain so for long time." In our alert, we said that the dollar would rebound if he attempts to clarify his comments. These contradictory statements are clearly the act of an amateur Treasury Secretary that has been thrust onto the public forum and is struggling with the need to be very particular in his choice of words. Geithner is...
Kathy Lien - fx360.com
http://www.fx360.com/commentary/kath...or-a-ride.aspx

Good job Kathy ... exactly what I was thinking earlier.
  • #79,850
  • Mar 25, 2009 12:43pm Mar 25, 2009 12:43pm
Quoting govno
Why are you waiting for anything? Just go with the flow.

I am trying to with the flow...
  • #79,851
  • Mar 25, 2009 12:44pm Mar 25, 2009 12:44pm
Kathy gets a 7.5 {probably worth an 8} for knowing what she is doing on my scale.
  • #79,852
  • Mar 25, 2009 12:48pm Mar 25, 2009 12:48pm
For what it's worth, I saw Kathy and Boris speak last year at the Forex show in Vegas. They're some smart folks.
  • #79,853
  • Mar 25, 2009 12:49pm Mar 25, 2009 12:49pm
NASDAQ is negative and the Dow has given up almost all of its gains and could go negative soon.

This could support the US$, but then again just as we think it's safe to get back in to the market another "Genius" in Washington will move their lips and prove just how much they don't know.

  • #79,854
  • Mar 25, 2009 12:49pm Mar 25, 2009 12:49pm
Quoting wasupnow14
What the heck is causing this move now? GO DOWN!!!
Oh its been awhile. im back. its going to move slowly.
  • #79,855
  • Mar 25, 2009 12:51pm Mar 25, 2009 12:51pm
Quoting Bemac
Kathy gets a 7.5 {probably worth an 8} for knowing what she is doing on my scale.
I agree Bemac, cause normally, I read her's and Boris fx reports and it's usually hit-or-mis. She pretty much nailed it with this article. Actually for the last few weeks, they've been nailing it on the head.

Now if they could keep up with this new format and never go back to the "fluffy" reporing and strategies ... I'd just may become a regualr reader again.
  • #79,856
  • Mar 25, 2009 12:51pm Mar 25, 2009 12:51pm
Quoting wasupnow14
What the heck is causing this move now? GO DOWN!!!

For what it's worth, we bounced off this one trendline, to the pip.

Right now we're sliding on the top edge of it, but we were below it before the big spike.
Attached Image (click to enlarge)
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  • #79,857
  • Mar 25, 2009 12:55pm Mar 25, 2009 12:55pm
the levels to watch now are hourly closes above .3588 for longs and below .3533 for shorts

do not worry about the july/december trendline, correctly drawn, it is around .395 and yeah, I think we will be retesting it eventually
  • #79,858
  • Mar 25, 2009 1:09pm Mar 25, 2009 1:09pm
what chances are that ECB change EURIBOR without prior notice?
  • #79,859
  • Mar 25, 2009 1:18pm Mar 25, 2009 1:18pm
breakout 1,3640 with nearest targets 1,3680/1,3700
{Promotion Removed}
  • #79,860
  • Mar 25, 2009 1:24pm Mar 25, 2009 1:24pm
Will the fed shutup already about China?
"If it was good enough for Gann, it's good enough for me..."
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