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  • #377,301
  • Feb 1, 2011 11:01am Feb 1, 2011 11:01am
Quoting Theroadto1bi
Pip chick the reason why is because in a normal moving market, i.e. indicators show the euro should have fallen off a little bit. Now the problem is, there has been an obvious large amount of government intervention which only the banks knew about not us, Fundamentally the euro still isn't too great. and its heavy correlator, the franc, is in worse condition fundamentally then the euro, also is the pound. Again the dollar has had solid numbers and is relatively strong fundamentally speaking, its just government intervention has turned all the bears...
Last week a statement was made that the EZ was prepared to do whatever is necessary to stabilize the Euro. Thats a pretty strong statement.
  • #377,302
  • Feb 1, 2011 11:01am Feb 1, 2011 11:01am
Doji on the hourly?
Look Sharp/Trade Tight
  • #377,303
  • Feb 1, 2011 11:03am Feb 1, 2011 11:03am
Quoting Theroadto1bi
Pip chick the reason why is because in a normal moving market, i.e. indicators show the euro should have fallen off a little bit. Now the problem is, there has been an obvious large amount of government intervention which only the banks knew about not us, Fundamentally the euro still isn't too great. and its heavy correlator, the franc, is in worse condition fundamentally then the euro, also is the pound. Again the dollar has had solid numbers and is relatively strong fundamentally speaking, its just government intervention has turned all the bears...
Why do you say the franc is in worse condition than the EUR?
  • #377,304
  • Feb 1, 2011 11:03am Feb 1, 2011 11:03am
Quoting PipChick
Last week a statement was made that the EZ was prepared to do whatever is necessary to stabilize the Euro. Thats a pretty strong statement.
They're always saying that in some form or another.
  • #377,305
  • Feb 1, 2011 11:04am Feb 1, 2011 11:04am
Quoting PayTheLimit
Doji on the hourly?
ISA benchmark...on the 2m...



Hey PTL, whutsa shakin Mango?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #377,306
  • Feb 1, 2011 11:06am Feb 1, 2011 11:06am
Last weeks H4 inverse target is 3824. We are approaching it now.
  • #377,307
  • Feb 1, 2011 11:06am Feb 1, 2011 11:06am
Quoting Magix
ISA benchmark...on the 2m...



Hey PTL, whutsa shakin Mango?
Lol, not much brother. Just watching this thing go to the moon. How you been brother, all good?

Benchmak, lol, what was the other one I was fond of?
Look Sharp/Trade Tight
  • #377,308
  • Feb 1, 2011 11:07am Feb 1, 2011 11:07am
Quoting gstrange
Why do you say the franc is in worse condition than the EUR?
Retails sales after corrected yoy was actually -3.7% from last month, largest loss for this swiss in a while in that category.
  • #377,309
  • Feb 1, 2011 11:08am Feb 1, 2011 11:08am
Quoting PayTheLimit
Doji on the hourly?
Most stops are clean on the highs. Intraday is not overextended yet but is in trendy mode all day & daily range is in the healthy range about to confirm daily break of R. Is clear that the odds are strongly against any shorts positions intraday with or without doji.... just my 2 cents.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #377,310
  • Feb 1, 2011 11:08am Feb 1, 2011 11:08am
Quoting PayTheLimit
Lol, not much brother. Just watching this thing go to the moon. How you been brother, all good?

Benchmak, lol, what was the other one I was fond of?
Sorted...

Taken it ez...

Worken the deal...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #377,311
  • Feb 1, 2011 11:08am Feb 1, 2011 11:08am
s 3812 scalp
those who can, do. those who cant, talk about those who can
  • #377,312
  • Feb 1, 2011 11:08am Feb 1, 2011 11:08am
we may currently be seeing the swiss make a run to the bottom to form a double bottom, and provide less resistance up to .97 and to 1.00
  • #377,313
  • Feb 1, 2011 11:09am Feb 1, 2011 11:09am
Quoting sisse
Most stops are clean on the highs. Intraday is not overextended yet but is in trendy mode all day & daily range is in the healthy range about to confirm daily break of R. Is clear that the odds are strongly against any shorts positions intraday with or without doji.... just my 2 cents.

sisse
When the Euro is this strong, the doji's are just a way to sucker in shorts a lot of the times.
  • #377,314
  • Feb 1, 2011 11:09am Feb 1, 2011 11:09am
I am on an internet connection that is utterly useless and we are beyond the point I wanted to ask about but I'll go ahead nevertheless:
We have crossed the .3803 barrier, I remember .386 coming as next "stop", are you guys positive on that or a significant drop is still in the picture? In other words, is .3803 a weak support now?
  • #377,315
  • Feb 1, 2011 11:09am Feb 1, 2011 11:09am
Quoting sisse
Most stops are clean on the highs. Intraday is not overextended yet but is in trendy mode all day & daily range is in the healthy range about to confirm daily break of R. Is clear that the odds are strongly against any shorts positions intraday with or without doji.... just my 2 cents.

sisse
Well for a doji to work, IIRC, the next hour's high needs to hold the doji's high...lol it held for 6mins....
Look Sharp/Trade Tight
  • #377,316
  • Feb 1, 2011 11:10am Feb 1, 2011 11:10am
Quoting PipChick
When the Euro is this strong, the doji's are just a way to sucker in shorts a lot of the times.
#370224
those who can, do. those who cant, talk about those who can
  • #377,317
  • Feb 1, 2011 11:12am Feb 1, 2011 11:12am
Quoting gatorinla
#370224
What are ya trying to show me there gator? The negative correlation of the EU and DX?
  • #377,318
  • Feb 1, 2011 11:14am Feb 1, 2011 11:14am
Quoting PipChick
What are ya trying to show me there gator? The negative correlation of the EU and DX?
R2
those who can, do. those who cant, talk about those who can
  • #377,319
  • Feb 1, 2011 11:15am Feb 1, 2011 11:15am
Quoting gatorinla
R2
Oh sorry ..TY
  • #377,320
  • Feb 1, 2011 11:16am Feb 1, 2011 11:16am
Quoting gatorinla
R2
That sort of answers my question as well.
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