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Attachments: Alright US interest rate 4.75%>>>5.00%? Should be strong for US dollar now?
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Alright US interest rate 4.75%>>>5.00%? Should be strong for US dollar now?

  • Post #21
  • Quote
  • Edited 10:12am May 13, 2006 10:05am | Edited 10:12am
Hi Bakrob,

If you are refering to my chart of USDCHF. My chart is fully explained in posts #12, 14, 16,17

The colored lines on my chart chart of USFCHF are multiple moving averages and are part of the Guppy system and have nothing to do with COT data. For more info. on MMAs just google Daryl Guppy.

HOpe that was what you were refering to, Scott


Quoting bakrob99
What do each of the Colors (lines) represent on the chart? In other words - could you explain that chart for us?


Bakrob
Attached Image
Re: Chart Lines


Thanks for clearing that up ... I mistakenly thought you were saying they had something to do with the COT data and I couldn't understand how that data would be represented like that !!

Bakrob
  • Post #23
  • Quote
  • Last Post: Edited 7:15pm May 13, 2006 5:00pm | Edited 7:15pm
It is my fault, I should have removed them from the chart before posting. Pretty dramatic on the sell off in accordance with COT index huh?

There is the exact same divergence in the EURUSD right now... should produce a huge sell off within the next little while, Scott

Scott


Quoting bakrob99
Re: Chart Lines


Thanks for clearing that up ... I mistakenly thought you were saying they had something to do with the COT data and I couldn't understand how that data would be represented like that !!

Bakrob
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