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  • #100,801
  • May 26, 2009 7:08am May 26, 2009 7:08am
Quoting dexoster
I would ask that too. It doesn't make sense to me...
e/u is and has been correlated with the rise and fall of the DOW as of late. Therefore; good fundy news for US is good for equity markets - people have higher risk appetites than buying the US $ (which ain't all that great right now anyway), but used to be a safe haven - so - good US econ news does not correlate with a drop in E/U price -
Pip what you see; See what you pip!
  • #100,802
  • May 26, 2009 7:09am May 26, 2009 7:09am
Quoting dexoster
I would ask that too. It doesn't make sense to me...
it seems that uncle sam wants their currency cheap to boost their export..
need ECB to take action....
  • #100,803
  • May 26, 2009 7:09am May 26, 2009 7:09am
we must have an independed phenomen in stock market anyone knows that?
  • #100,804
  • May 26, 2009 7:09am May 26, 2009 7:09am
lookin for resistance around 3966 for a drop down and see where its headed
Attached Image (click to enlarge)
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  • #100,805
  • May 26, 2009 7:09am May 26, 2009 7:09am
Quoting peyman
what is that shoot up on dji and gap up on S&P?!!!!!!!
no trading yesterday -
Pip what you see; See what you pip!
  • #100,806
  • May 26, 2009 7:09am May 26, 2009 7:09am
Quoting notch
Predicted Value for the next 4 hours:
EURUSD
PH: 1.3947
PL: 1.3886

bada bing...
  • #100,807
  • May 26, 2009 7:10am May 26, 2009 7:10am
Quoting notch
bada bing...
Not a bad call at all Notch - nice work!
Pip what you see; See what you pip!
  • #100,808
  • May 26, 2009 7:11am May 26, 2009 7:11am
the worth of unkind stoploss is clear right now!!!
  • #100,809
  • May 26, 2009 7:13am May 26, 2009 7:13am
Quoting SeerEye
e/u is and has been correlated with the rise and fall of the DOW as of late. Therefore; good fundy news for US is good for equity markets - people have higher risk appetites than buying the US $ (which ain't all that great right now anyway), but used to be a safe haven - so - good US econ news does not correlate with a drop in E/U price -
So, did you mean that the good news from US (and for EU too) are basically moving the price into the long-term trend direction, and bad news are going to correct that dirrection in a short-term period?
If your coffee smiles at you - smile it back
  • #100,810
  • May 26, 2009 7:13am May 26, 2009 7:13am
Notch's both # worked perfectly & now waiting for shorts from 1.3973 area .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #100,811
  • May 26, 2009 7:15am May 26, 2009 7:15am
Quoting SeerEye
Not a bad call at all Notch - nice work!

Thanks Seer and FOntu. I hope for a reversal.
  • #100,812
  • May 26, 2009 7:17am May 26, 2009 7:17am
Quoting dexoster
So, did you mean that the good news from US (and for EU too) are basically moving the price into the long-term trend direction, and bad news are going to correct that dirrection in a short-term period?
not necessarily. It's a little more complicated than that. And the movement at least right now short term - you can basically leave euro news out of it (I'll get rebuttals on that one); but oh well, short of euro falling off the earth, $ news is driving this midterm move. Fed wants weaker $; good US fundy news drives the equity markets up - people are dying for higher returns - ie riskier stuff, and the $ ain't it.
Pip what you see; See what you pip!
  • #100,813
  • May 26, 2009 7:19am May 26, 2009 7:19am
Quoting Bling
lookin for resistance around 3966 for a drop down and see where its headed
lookin for this short here
  • #100,814
  • May 26, 2009 7:19am May 26, 2009 7:19am
Quoting notch
Thanks Seer and FOntu. I hope for a reversal.
THV did say that I could grab those extra few pips from 53 to 74 -

now, just waiting for my next set-up; up or down -
Pip what you see; See what you pip!
  • #100,815
  • May 26, 2009 7:20am May 26, 2009 7:20am
Quoting fontu
Notch's both # worked perfectly & now waiting for shorts from 1.3973 area .
I'd be cautious on those shorts there my friend - I'm just saying - might want to wait for a better price
Pip what you see; See what you pip!
  • #100,816
  • May 26, 2009 7:20am May 26, 2009 7:20am
You had your Oats this morning, Ehhh. Nice job!!

Quoting notch
Predicted Value for the next 4 hours:
EURUSD
PH: 1.3947
PL: 1.3886


OIL:
PH: 60.55
PL: 59.15
  • #100,817
  • May 26, 2009 7:23am May 26, 2009 7:23am
Quoting FXexpress
You had your Oats this morning, Ehhh. Nice job!!

Thank you kind Sir...
  • #100,818
  • May 26, 2009 7:23am May 26, 2009 7:23am
Looks like we found some good res. in the form of an old UTL.
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  • #100,819
  • May 26, 2009 7:23am May 26, 2009 7:23am
Quoting SeerEye
not necessarily. It's a little more complicated than that. And the movement at least right now short term - you can basically leave euro news out of it (I'll get rebuttals on that one); but oh well, short of euro falling off the earth, $ news is driving this midterm move. Fed wants weaker $; good US fundy news drives the equity markets up - people are dying for higher returns - ie riskier stuff, and the $ ain't it.
Many thanks for sharing your thoughts - I'll remember that
If your coffee smiles at you - smile it back
  • #100,820
  • May 26, 2009 7:27am May 26, 2009 7:27am
Quoting SeerEye
I'd be cautious on those shorts there my friend - I'm just saying - might want to wait for a better price
Thanks , yes I am cautious about , actually short after 1.3988 failed to break up.
Not understand?better not follow my analyses!doubt clearer first, risks ++
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