Is The Trend At An End? | Forex Factory

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Is The Trend At An End?

  • #1
  • First Post: Dec 11, 2009 3:59pm Dec 11, 2009 3:59pm
NFP and retail sales walked all over estimates. EUR/USD just hit 1.4620. England is on the verge of losing it's AAA rating and Europe is expecting a sluggish 2010. So yes, I feel it's safe to say the uptrend (or downtrend) is over.
Pity the fool who thinks they'll make it overnight...
  • #2
  • Dec 11, 2009 4:39pm Dec 11, 2009 4:39pm
You have 13 posts and have opened 6 threads. Last time I visited NZ it seemed like everyone was on P. Is this a side effect?
Nothing worth having is easy.
  • #3
  • Dec 11, 2009 6:36pm Dec 11, 2009 6:36pm
Quoting Patience
You have 13 posts and have opened 6 threads. Last time I visited NZ it seemed like everyone was on P. Is this a side effect?
Probably.
Pity the fool who thinks they'll make it overnight...
  • #4
  • Last Post: Dec 11, 2009 7:34pm Dec 11, 2009 7:34pm
Quoting deanbo
NFP and retail sales walked all over estimates. EUR/USD just hit 1.4620. England is on the verge of losing it's AAA rating and Europe is expecting a sluggish 2010. So yes, I feel it's safe to say the uptrend (or downtrend) is over.
Well... I wold say it's safe to watch the market.... since we are not market movers, we must be market followers...

Forecasting anything in Fx... well, that is definitely not safe.

But you have a good point on your analysis. Use it at your own discretion.

Cheers!
Many share my views with me. But I don't share them with them...
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