"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,702
- May 17, 2012 11:33am May 17, 2012 11:33am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
eu 4h LT month angles playing out
Yen longs (usdjpy) worth a look for LT additions perhaps
79 handle looks scrumptious
Yen longs (usdjpy) worth a look for LT additions perhaps
79 handle looks scrumptious
"Millionaires don't use astrology, billionaires do"
- #2,703
- May 17, 2012 11:10pm May 17, 2012 11:10pm
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,704
- May 18, 2012 5:15am May 18, 2012 5:15am
As things stand in the Gold market, if we do NOT establish yearly lows in the coming days, thus eliminating 26/27 March High as only secondary in a Bull year the only thing you should be asking yourself is how low does that 4x1 off this same High intercepts the last Eighth of the Yearly cycle (7/8 to 1). Still, yearly lows very soon look way more probable, the confluence of angles there is mighty, and if it indeed occurs I am looking for it to target 2093 as 1440deg above last year's Pivot. Choose wisely :nerd:
http://img31.imageshack.us/img31/1297/dailygold.png
P.S....
Gold Fever indeed
http://img405.imageshack.us/img405/8...goldupdate.png
- #2,705
- May 18, 2012 6:27am May 18, 2012 6:27am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #2,707
- May 18, 2012 6:51am May 18, 2012 6:51am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,708
- May 18, 2012 8:14pm May 18, 2012 8:14pm
What goes up, must come down...but next year
Germany needs a much weaker Euro, after all, for the currency itself to survive on the basis of competitive German exports.
I think Greece will indeed exit the EZ this year which will prop the Euro around 1.37-1.40 Highs into early 2013. From then on, we should be in for some spectacular devaluation down to the seventy cents mark before the next bullish cycle begins in 2016. From the charts' perspective the ECB's decision to "delay the pain" might come out to be the sensible one, after all
http://img820.imageshack.us/img820/7...arlongterm.png
http://img69.imageshack.us/img69/227...rlongterm2.png
Germany needs a much weaker Euro, after all, for the currency itself to survive on the basis of competitive German exports.
I think Greece will indeed exit the EZ this year which will prop the Euro around 1.37-1.40 Highs into early 2013. From then on, we should be in for some spectacular devaluation down to the seventy cents mark before the next bullish cycle begins in 2016. From the charts' perspective the ECB's decision to "delay the pain" might come out to be the sensible one, after all
http://img820.imageshack.us/img820/7...arlongterm.png
http://img69.imageshack.us/img69/227...rlongterm2.png
- #2,709
- May 19, 2012 8:09am May 19, 2012 8:09am
What goes up, must come down...but next year
Germany needs a much weaker Euro, after all, for the currency itself to survive on the basis of competitive German exports.
I think Greece will indeed exit the EZ this year which will prop the Euro around 1.37-1.40 Highs into early 2013. From then on, we should be in for some spectacular devaluation down to the seventy cents mark before the next bullish cycle begins in 2016. From the charts' perspective the ECB's decision to "delay the pain" might come out to be the sensible one, after all
http://img820.imageshack.us/img820/7...arlongterm.png
http://img69.imageshack.us/img69/227...rlongterm2.png...
Do you think if next week's squeeze (already started last Friday) can bring it to 3000 area?
- #2,710
- May 20, 2012 1:56am May 20, 2012 1:56am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
eur/usd
Results from the last week.
For the next week.
Results from the last week.
For the next week.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,711
- May 20, 2012 10:31am May 20, 2012 10:31am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,712
- May 20, 2012 2:44pm May 20, 2012 2:44pm
Hi, W.D. Bayer. In the same vein, will Sterling go back up to above 2 or perhaps even to 7 or 8, what comes down must go up?
Do you think if next week's squeeze (already started last Friday) can bring it to 3000 area?
295s maybe, doubt we'll see the 30 handle this week. I think we'll retest the lows later in the week or during next, the January one is there for the taking, and 2010 June/July weekly (1.2443) gap is more likely filled than the first one in the current slide (1.3083) during the coming 2-3 weeks. The 1.27 rejection seems just too obvious to play out with such recent major lows around there
I'll come back to you when I make up my mind on the Sterling, it is one mad cow, that one
- #2,713
- May 20, 2012 11:00pm May 20, 2012 11:00pm
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,714
- May 21, 2012 12:12am May 21, 2012 12:12am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,715
- May 21, 2012 10:39am May 21, 2012 10:39am
Oshawa, hey mate!
295s maybe, doubt we'll see the 30 handle this week. I think we'll retest the lows later in the week or during next, the January one is there for the taking, and 2010 June/July weekly (1.2443) gap is more likely filled than the first one in the current slide (1.3083) during the coming 2-3 weeks. The 1.27 rejection seems just too obvious to play out with such recent major lows around there
I'll come back to you when I make up my mind on the Sterling, it is one mad cow, that one
- #2,718
- May 21, 2012 10:59pm May 21, 2012 10:59pm
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann
- #2,719
- May 21, 2012 11:12pm May 21, 2012 11:12pm
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #2,720
- May 22, 2012 6:49am May 22, 2012 6:49am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
Yen longs (usdjpy) worth a look for LT additions perhaps
79 handle looks scrumptious
"Millionaires don't use astrology, billionaires do"