EURUSD

we are a t friday low.. see how it goes then

Well, that looked like some real money.

Anybody else ? Real sellers please stand up.

14100 still on radar.

Possible Target EU Daily chart.. Daily Channel Bottom line ~1.4056 or Strong support trendline on Daily Chart.. ~1.4085

Weekly S1 1.4080
Daily S1 1.4076

next target will be 1.4070..my weekly range of euro is 1.3895-1.4295..

Good luck too all...

Bullish Divergence on the 1H, 4H oversold and finding it's way to its much respected 200bar sma and a trendline, Weekly pivot at 1.4129 and supports shortly under 1.4100.... I'm looking for a long around the 1.4100-1.4120 area for a nice bounce.

Here we go now...

USD Index....

if price move up lil bit more.. possible taget can be.. 07.29Jul Top.. 79.68

or

H1 Chart... H1 Channel Middle line ~79.42

.....or the 100 Day SMA at well over the 8100 handle.....

longer time frame, though.

gtg bye all

Forgive my asking, but where is it right now?
I have a chart saying 78.89

Shorter term, we may get a little pull back in here, maybe not.

PA just completed 5 waves up, at a .786 ret. so, shorter term traders/scalpers
might start peeling off contracts here for a better chance to buy again a little lower.

But that's the analysis talking. My gut says we're going further and not in a small way.

It's just a small grass fire right now, but it could catch on into a major blaze.

Plz.. Look H4 Chart..... you see top Jul? or look Toshi chart.... look 100 Fibo...

Maybe you didnt catch my question, what is the us index reading right now?
I need a figure please

USD Index..

Price stoped here 78.6 Fibo ~79.20..... if price still go's up.. it can move up to 88.6 Fibo ~79.42..

this is what i have..seems like usd is preety much contained

I droped trendline (resistence) on Daily chart... and how I see.. todays max "probably" ~79.67..

still too early to figure out what path is being followed but you will be able to tell whos controlling move by what numbers are being used. one past path 79.39 79.68 will be bumps. another future path is 79.53 80.07 a predictable path. lets see whos controling it..or both paths....look to see where we consolidate next if any of these number areas. place lines before we get there..

the 3rd path is also a future path.. this one seems probable. 78.9 79.24 79.69 pt 80.4 area if and as price moves more numbers can be added

The Fog of Numbers

By James Howard Kunstler
on August 10, 2009 7:28 AM

There's something happenin' here
What it is ain't exactly clear....
-- Buffalo Springfield

One of main reasons behind the vast confusion now reigning in the USA, our failure to construct a coherent consensus about what is happening to us (or what to do about it), is our foolish obsession with econometrics -- viewing the world solely through the "lens" of mathematical models. We think that just because we can measure things in numbers, we can make sense of them.
For decades we measured the health of our economy (and therefore of our society) by the number of "housing starts" recorded month-to-month. For decades, this translated into the number of suburban tract houses being built in the asteroid belts of our towns and cities. When housing starts were up, the simple-minded declared that things were good; when down, bad. What this view failed to consider was that all these suburban houses added up to a living arrangement with no future. That's what we were so busy actually doing. Which is why I refer to this monumentally unwise investment as the greatest misallocation of resources in the history of the world.
Even this interpretation -- severe as it is -- does not encompass the sheer damage done by the act itself, on-the-ground and to our social and cultural relations. Suburbia destroyed the magnificent American landscape as effectively as it destroyed the social development of children, the worth of public space, the quality of civic life, and each person's ability to really care about the place they called home.
It's especially ironic that given our preoccupation with numbers, we have arrived at the point where numbers just can't be comprehended anymore. This week, outstanding world derivatives were declared to have reached the 1 quadrillion mark. Commentators lately -- e.g. NPR's "Planet Money" broadcast -- have struggled to explain to listeners exactly what a trillion is in images such as the number of dollar bills stacked up to the planet Venus or the number of seconds that add up to three ice ages plus two warmings. A quadrillion is just off the charts, out of this world, not really subject to reality-based interpretation. You might as well say "infinity." We have flown up our own collective numeric bung-hole.
The number problems we face are now hopeless. America will never be able to cover its current outstanding debt. We're effectively finished at all three levels: household, corporate, and government. Who, for instance, can really comprehend what to do about the number problems infesting Fannie Mae and the mortgages associated with her? There's really only one way out of this predicament: to get ready for a much lower standard of living and much different daily living arrangements. We can't wrap our minds around this, so the exercise du jour is to play games with numbers to persuade ourselves that we don't have to face reality. We're entertaining ourselves with shell games, musical chairs, Chinese fire drills, Ponzi schemes, and Polish blanket tricks (where, to make your blanket longer, you cut twelve inches off the top and sew it onto the bottom).
Now that Newsweek Magazine -- along with the mendacious cretins at CNBC -- have declared the "recession" officially over, it's a sure thing that we are entering the zone of greatest danger. Some foul odor rides the late summer wind, as of a rough beast slouching toward the US Treasury. The stock markets have gathered in the critical mass of suckers needed to flush all remaining hope out of the system. The foreign holders of US promissory notes are sharpening their long knives in the humid darkness. The suburban householders are watching sharks swim in their driveways. The REIT executives are getting ready to gargle with Gillette blue blades. The Goldman Sachs bonus babies are trying to imagine the good life in Paraguay or the archepelego of Tristan da Cunha.
While extremely allergic to paranoid memes and conspiracy theories, I begin to wonder about the impressive volume of World Wide Web chatter about an upcoming bank holiday -- meaning that the US government might find itself constrained to shut down the banking system for a period of time to deal with a rapidly developing emergency that might prompt the public to make a run on reserves. God knows, there are enough black swans crowding the skies these days to blot out the sun. I hesitate to suggest that readers who are able to should consider stealthily withdrawing a month's worth of walking-around money from their accounts.
The week past, some so-called "conservative" political action groups (read: brownshirts pimped by corporate medical interests) trumped up a few incidents of civil unrest at "town meetings" around the country, ostensibly to counter health care reform ideas. The people behind these capers may be playing with dynamite. It's one thing to yell at a congressman over "single payer" abstractions. It'll be another thing when the dispossessed and repossessed Palin worshippers, Nascar morons, and Jesus Jokers haul the ordnance out of their closets and start tossing Molotov cocktails into the First National Bank of Chiggerville.

MY PERSONAL COMMENTS:

History is just repeating itself and things will unfold using the same rules that have also applied regardless of short term market intervention and the attempt to control and manipulate markets as the powers that be always try to do and in the end always fail.

The problem this time the world is now interconnected through the US Dollar being the present reserve currency

taking it's time to get to where I can buy a ticket.

i was brainstorming since in not in any positions atm, ive decided to let this price consolidate a little bit at these lower levels. But im thinking longs will be very profitable at these two points signified on my chart. Anyone else share this opinion?