Not understand?better not follow my analyses!doubt clearer first, risks ++
- #176,661
- Dec 31, 2009 7:21am Dec 31, 2009 7:21am
- Joined Mar 2008 | Status: Name real with real own way | 23,416 Posts
- #176,667
- Dec 31, 2009 7:29am Dec 31, 2009 7:29am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
So why need anybody gold today, there is no real yield?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,668
- Dec 31, 2009 7:30am Dec 31, 2009 7:30am
- Joined Mar 2008 | Status: Name real with real own way | 23,416 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #176,669
- Dec 31, 2009 7:31am Dec 31, 2009 7:31am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
Good point. Who needs Paper Dollar with 0-0.25% Interest rate?
you won't see your gold standard again.
- #176,670
- Dec 31, 2009 7:31am Dec 31, 2009 7:31am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
-22k, those are already drunk to apply for benefits
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,676
- Dec 31, 2009 7:34am Dec 31, 2009 7:34am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
sky ... yes gbp has moved 400 pip for what ? they have raised rates ? they have stopped quantitative easing ?
and lets get this in perspective ....a 6 week downtrend ends on LOWEST volume of December , with NO gdp news at all . DX is still hovering around 78 and came off yesterdays high by ONLY 50 cents.
This appears to be setting up in mother of all bull traps.
If you wanted to short the crap out of something would you mark it up under low volume to get a better price. In fact according to charts most pros stopped buying at 1.6100 and have been distributing on the up move since.
If this is a bull trap in the last 2 days of 2010 forget 5750 test thru Jan / feb 2010 think lower.
EU on a 4 hour tested supply area 1.4450 and once again found sellers
I remember once Gu moved 600 pip in a holiday .... and then 1800 pip down the following month.
and lets get this in perspective ....a 6 week downtrend ends on LOWEST volume of December , with NO gdp news at all . DX is still hovering around 78 and came off yesterdays high by ONLY 50 cents.
This appears to be setting up in mother of all bull traps.
If you wanted to short the crap out of something would you mark it up under low volume to get a better price. In fact according to charts most pros stopped buying at 1.6100 and have been distributing on the up move since.
If this is a bull trap in the last 2 days of 2010 forget 5750 test thru Jan / feb 2010 think lower.
EU on a 4 hour tested supply area 1.4450 and once again found sellers
I remember once Gu moved 600 pip in a holiday .... and then 1800 pip down the following month.
I tell you what, did you notice Cable move today from 1.5825 to 1.6075 ?
More than 200 pips? When yesterday some ANALysts were talking about last
support at 1.57 and then 1.53.
Right, that's exactly what's coming to EURUSD..
Today, tonight or tomorrow and I mean very soon.
Loading my boat with more LONGS now at whatever level, it's all good
I'll be cashing chips 1.47-1.49, somewhere there, it's coming.
Target 1.55 still looking GOOD. Helicopter Ben and Obama will make sure, I cash my
chips at higher possible price
Blogging daily now at www.volume.zone
- #176,678
- Dec 31, 2009 7:35am Dec 31, 2009 7:35am
- Joined Aug 2009 | Status: (I have a huge) Member | 5,555 Posts
dreams do come true.
Have to start watching bloomberg...