Thanks Sophos ... I have a couple of shorts in it now, and am looking to add as it tanks.
EZ
EZ
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DislikedI thought it would be nice to actually do some down to earth technical analysis once a while, so here is my take on the GBP crosses using Secondary Confirmation views:
http://forexmarketequilibriumreport....-views-on.html
Please use your own judgment and discretion for live trading.Ignored
DislikedAs a side project, I’ve been working on some statistical analysis using the past 6 years of weekly price data to gain some insight into weekly behavior....Ignored
DislikedI love statistics like these; however, I have a question. Beginning in 2008, the EURUSD weekly 14 period ATR hadn't really gone above 260 for very long. Since 2008, it has hardly gone below that level. Would this suggest that the weekly ranges have been of greater distance since then, and is it necessary to account for these larger weekly ranges in your analysis?Ignored
DislikedTime now is 24/01/2011, 12:06pm, AEST(GMT10+)
Feel free to comment on fundamentalsIgnored
Disliked.
NZD no data till Wed (rate decision), but its priced in that no hike will occur.
Last week NZDUSD ran below the previous 2 week's lows to run stops, and closed off of the lows. --> weak longs now out ... they will reenter when they see price start to rise.
Regards,
EZIgnored
DislikedI like to add onto my positions when I trade the 4H but have not had much luck picking good re-entry points.Ignored