Japan's Trade Flow Trends Favor Dollar Gains vs Euro, Pound
Read more: DailyFX - Japan's Trade Flow Trends Favor Dollar Gains vs Euro, Pound http://www.dailyfx.com/forex/market_...#ixzz0j4wEjdbh
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Japan's Trade Flow Trends Favor Dollar Gains vs Euro, Pound
Read more: DailyFX - Japan's Trade Flow Trends Favor Dollar Gains vs Euro, Pound http://www.dailyfx.com/forex/market_...#ixzz0j4wEjdbh
Dislikedround bottom and those dojis on the week were good reversal signals or big rejection bounce. as well as the crap i told sky a few hours ago. this just may be one of those times they dont work. those signals dont take into account intervention may have caused them.Ignored
DislikedI agree, thanks for explaining it like that Gator. It's still my opinion that being that the 5 or 6 dojis or whatever on the weekly has NEVER happened before, there is no way it means up or down. It's never happened before so how can it be a sure reversal sign? My other question is why the heck do Europeans need or want a stronger euro?
I also think that sometimes even the intervention gets screwed.Ignored
DislikedI agree, thanks for explaining it like that Gator. It's still my opinion that being that the 5 or 6 dojis or whatever on the weekly has NEVER happened before, there is no way it means up or down. It's never happened before so how can it be a sure reversal sign? My other question is why the heck do Europeans need or want a stronger euro?
I also think that sometimes even the intervention gets screwed.Ignored
QuoteDislikedthey dont really. germany had bad times before ww2 ect. with inflation. controlling inflation is a big thing in ez. so they kept raising rates as u.s. kept rates low. in the process between commodities and currency u.s. had the greatest transfer of wealth in modern history the last decade..a strong usd brings some of this wealth back.. but whats lost may never return. you and i financed china and even ez with the devalued usd. it will take decades to pay this bill.
QuoteDislikedIt wasn't europe controling the intervention. It was China and US.
Dislikedyou all are missing 1 more peice. Check out monthly charts. It seems to be forming a fan pattern at what seems like the top.
http://img151.imageshack.us/img151/6...10123416pm.jpg
Basic price action.
-The recent high was lower than the previous high.
-It is currently hanging around the 2004 high
-It would seem like there is a little bit more room to go down(maybe to about 1.3200) before rebounding. But we can be very sure that the major uptrend in approaching its...Ignored
Dislikedyes but i hope 3400 (then some)get punched through to avoid the the back and forth crap.Ignored
Dislikedyes but i hope 3400 (then some)get punched through to avoid the the back and forth crap.Ignored
Dislikedyes but i hope 3400 (then some)get punched through to avoid the the back and forth crap.Ignored