The More You Learn, The More You Earn.....
- #69,182
- Aug 22, 2013 3:51pm Aug 22, 2013 3:51pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
The free ride for Greece takes an unexpected turn?
Those who say it cannot be done should not interrupt those who are doing it
)
- #69,185
- Aug 22, 2013 5:43pm Aug 22, 2013 5:43pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #69,186
- Aug 22, 2013 5:44pm Aug 22, 2013 5:44pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote}... no 3rd
Those who say it cannot be done should not interrupt those who are doing it
- #69,188
- Aug 23, 2013 4:00am Aug 23, 2013 4:00am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Well I am all loaded up and ready for the next dollar surge.
All that's left to do now is wait
My mid term projection for the Euro is obviously down (has it ever been up?), but I am not going to call the target at this point. However, according to my bet with Likerty, we will break below the 1.2750 area lows before we break above the 1.3710 area highs. So there is my intermediate target for now.
As for today, I am looking at 1.3380 to 1.3410 as a max upside today as we complete wave c impulse wave up of the ABC correction (wave 2) after yesterday's completion of a 5 wave down (wave 1) from Tuesday's high. After that, we start a new 5 wave impulse down representing wave 3.
All that's left to do now is wait
My mid term projection for the Euro is obviously down (has it ever been up?), but I am not going to call the target at this point. However, according to my bet with Likerty, we will break below the 1.2750 area lows before we break above the 1.3710 area highs. So there is my intermediate target for now.
As for today, I am looking at 1.3380 to 1.3410 as a max upside today as we complete wave c impulse wave up of the ABC correction (wave 2) after yesterday's completion of a 5 wave down (wave 1) from Tuesday's high. After that, we start a new 5 wave impulse down representing wave 3.
Those who say it cannot be done should not interrupt those who are doing it
Just found these lovely sentences 
in some forums with Unknown source :
Fed tapering likely underway already.
Many traders who follow Fed action in Treasury
auctions are increasingly convinced that the Fed
has already begun it’s ‘stealth tapering’. They won’t
be announcing ‘when’ in September, they will be
announcing that it’s already begun. The only
question will be how much. Little wonder that the
USD/JPY bulls have begun to stampede
in some forums with Unknown source : Fed tapering likely underway already.
Many traders who follow Fed action in Treasury
auctions are increasingly convinced that the Fed
has already begun it’s ‘stealth tapering’. They won’t
be announcing ‘when’ in September, they will be
announcing that it’s already begun. The only
question will be how much. Little wonder that the
USD/JPY bulls have begun to stampede
"Frankly, I don't see markets; I see risks, rewards, and money." Larry Hite
- #69,190
- Aug 23, 2013 5:09am Aug 23, 2013 5:09am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Just found these lovely sentences
Those who say it cannot be done should not interrupt those who are doing it
- #69,191
- Aug 23, 2013 7:04am Aug 23, 2013 7:04am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #69,192
- Aug 23, 2013 8:12am Aug 23, 2013 8:12am
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
FXstreet.com :
EUR/USD and dollar index trading in the same direction?! We are being very reiterative with the dollar index, but look what we have today: their 12-month correlation which has been traditionally negative (means when one goes up the other goes down) is now at levels never seen ever! If that doesn't point to an inflection point...
What's your take? Will the euro plunge first or dollar rally
EUR/USD and dollar index trading in the same direction?! We are being very reiterative with the dollar index, but look what we have today: their 12-month correlation which has been traditionally negative (means when one goes up the other goes down) is now at levels never seen ever! If that doesn't point to an inflection point...
What's your take? Will the euro plunge first or dollar rally
"Frankly, I don't see markets; I see risks, rewards, and money." Larry Hite
- #69,194
- Aug 23, 2013 8:30am Aug 23, 2013 8:30am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #69,196
- Aug 23, 2013 8:44am Aug 23, 2013 8:44am
A bit of EU resilience I can deal with. But considering what should be happening to the Euro and the current state of the Eurozone I am finding this refusal of the Euro to fall totally puzzling. This week, Sterling is down, Aussie down, Kiwi Down, Euro..... Static. 
I am going to maintain my faith in the BIG DROP and Maxwell the pig and keep loading my shorts. Maybe this could be a post London, late Friday sell off day to cheer up all of us Bears for the UK Bank Holiday Weekend. (hope so, my beer fund looks a bit low).
I will be happy if we get a close below the weekly open. A nice one up, one down pattern though on the weekly could give us a nice short through next week.
I am going to maintain my faith in the BIG DROP and Maxwell the pig and keep loading my shorts. Maybe this could be a post London, late Friday sell off day to cheer up all of us Bears for the UK Bank Holiday Weekend. (hope so, my beer fund looks a bit low).
I will be happy if we get a close below the weekly open. A nice one up, one down pattern though on the weekly could give us a nice short through next week.
Short Euro and remaining that way. That's just the way it is !
- #69,197
- Aug 23, 2013 8:45am Aug 23, 2013 8:45am
- Joined Dec 2012 | Status: Trader | 8,124 Posts
{quote} Hi Scott. Link not working Here is a working one >> http://www.efxnews.com/story/20351/w...ese-euros-citi
Thanks PT, should have double checked, usually do....
The world you desire can be won. It exists.. it is real.. it is possible..
- #69,198
- Aug 23, 2013 9:10am Aug 23, 2013 9:10am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
A bit of EU resilience I can deal with. But considering what should be happening to the Euro and the current state of the Eurozone I am finding this refusal of the Euro to fall totally puzzling. This week, Sterling is down, Aussie down, Kiwi Down, Euro..... Static.
Besides, while all this commotion is going on, my AUD/NZD longs (all 5 of them) are starting to pay off after being about 3% underwater.
Those who say it cannot be done should not interrupt those who are doing it
