thank you buddy... was waiting for the bearish confirmation but the raise up to 1.4700ish earlier was caution..
now it just hovers around the high of 1.4719.. oh well..
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Dislikedso what do yall think the euro will do at the open? I think we make a run to 1.4760 R2.
thoughts?Ignored
DislikedA word of caution for the newbies out there.....
This area is pivotal and very important, it may go down as everybody is expecting or it may be exhausted already since it was tested a few times, and give up this time. In this case price will move violently up and then retrace very slowly, which means margin calls for some and sitting on huge draw downs for a while for others.
If you don't have a system that tells you what to do I would advise you to stay out. This is definitely not a place to GAMBLE.Ignored
Dislikedso what do yall think the euro will do at the open? I think we make a run to 1.4760 R2.
thoughts?Ignored
DislikedNo, I was referring to the gurus that want to teach us all to trade.
Actualy, i got that from a book, maybe i should have put that in quote...
sorry guys.
Actually, I'm a looser, i keep blowing accounts and I will never learn the lesson.
I feed my broker and distribute my wealth...Ignored
Disliked3 points
1 that is the coolest thing i have seen in a long time
2 how can i learn that
3 People hate what they don't understand. Please keep posting
What it looks like are similar to gann ellipses is that correct? check out this here http://www.forexfactory.com/showthread.php?t=42407 is it similar?Ignored
DislikedThere is a positive and a negative interpretation to all the news that's out there. So why bother proving who wants what?
If fed increases rates tomorrow it might only have a weeks effect at the most. And after that everyone is gonna claim that e/u went up or down based on that...
bullIgnored
DislikedA rate increase tomorrow would cause a huge bull dollar move... very long term if nobody else raised rates.
You might want to read about interest rates and carry trades...
http://www.frbsf.org/publications/ec...el2006-31.htmlIgnored