- #59,583
- Oct 31, 2012 5:06am Oct 31, 2012 5:06am
- | Joined Dec 2011 | Status: Trader | 1,581 Posts
Any prices quoted are futures
- #59,584
- Oct 31, 2012 5:12am Oct 31, 2012 5:12am
What would that mean for the euro?
Given that we haven't had a decent correction from this upswing and that the euro is generally attached to risk I would say, if he is correct we should see a really nice drop back down down to the 1.29 area today. I don't see a 4-5% drop not in the currency today but maybe over the rest of week and maybe early next week. However I feel that the downside is limited Spain will inevitably take some sort of bailout and everything in the eurozone will be rosy again and the euro will reach above 1.30 and stay there for year end. So buy the dips, but you gotta know which ones to buy! Just my opinion of the matters at hand
- #59,585
- Oct 31, 2012 5:36am Oct 31, 2012 5:36am
Given that we haven't had a decent correction from this upswing and that the euro is generally attached to risk I would say, if he is correct we should see a really nice drop back down down to the 1.29 area today. I don't see a 4-5% drop not in the currency today but maybe over the rest of week and maybe early next week. However I feel that the downside is limited Spain will inevitably take some sort of bailout and everything in the eurozone will be rosy again and the euro will reach above 1.30 and stay there for year end. So buy the dips, but you...
- #59,586
- Oct 31, 2012 5:41am Oct 31, 2012 5:41am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
KenA : I have only 24hours a day, that I need to use productively : trading first.
No way, I will go to degrade myself. I am worth more than that, and my dear one as well.
- #59,588
- Oct 31, 2012 6:00am Oct 31, 2012 6:00am
- | Joined Dec 2011 | Status: Trader | 1,581 Posts
Any prices quoted are futures
- #59,589
- Oct 31, 2012 6:15am Oct 31, 2012 6:15am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #59,593
- Oct 31, 2012 6:30am Oct 31, 2012 6:30am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #59,594
- Oct 31, 2012 6:35am Oct 31, 2012 6:35am
It is I, Godrich !!!
Ok, maybe not.
I've just always wanted to make a dramatic statement like that.
- #59,596
- Oct 31, 2012 6:36am Oct 31, 2012 6:36am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
It is I, Godrich !!!
Ok, maybe not.
I've just always wanted to make a dramatic statement like that.
- #59,598
- Oct 31, 2012 6:50am Oct 31, 2012 6:50am
- | Joined Dec 2011 | Status: Trader | 1,581 Posts
Any prices quoted are futures
h4 is approaching the overbought zone. lets see what happens there 