Lookin like a 1.0700-1.0650 range, aiming down 1.0650 for tonight's session
- #967,402
- Mar 11, 2015 1:29am Mar 11, 2015 1:29am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #967,405
- Mar 11, 2015 1:40am Mar 11, 2015 1:40am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
{quote} Haha .......... But pullback is in the card CNY data earlier is mute
Was wondering about the China data too. I'm not great with Fundies but figured it had something to do with lack of imports (for AU) to have huge consequences. like I said though
As the lights go by so too do the shadows move
- #967,407
- Mar 11, 2015 1:46am Mar 11, 2015 1:46am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
{quote} I don't deal with Franky any more, imo he is a liar and thief.
- #967,408
- Mar 11, 2015 1:52am Mar 11, 2015 1:52am
...{quote} According to the ‘’TECHNICAL ANALYSIS OF STOCK TRENDS’’ by Edward and Magee the Euro looks extremely bearish if the close occurs below 1.1800 on weekly chart. I am reading the book again in these days. As you can see on the below chart the EUR/USD is flashing a Monthly symmetrical triangle and now it’s trading below the boundary line of the formation. Keep in mind a symmetrical triangle on top requires five contact points, if it has a six contact points then in most cases it will be failed after a sharp move. On the
Near the Double TL support.
- #967,410
- Mar 11, 2015 2:09am Mar 11, 2015 2:09am
{quote} I don't want to sound like a prick, but IMHO technicals are out the window in this manipulated market of central bank warfare. It looks pretty but really, monetary policy divergence between countries is the joker card which trumps everything. See you sub 1.06!
- #967,411
- Mar 11, 2015 2:16am Mar 11, 2015 2:16am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
{quote} I don't want to sound like a prick, but IMHO technicals are out the window in this manipulated market of central bank warfare. It looks pretty but really, monetary policy divergence between countries is the joker card which trumps everything. See you sub 1.06!
- #967,417
- Mar 11, 2015 2:39am Mar 11, 2015 2:39am
- Joined May 2010 | Status: Trader | 2,004 Posts
Long E/U against 670 for 1.19
69
- #967,418
- Mar 11, 2015 2:45am Mar 11, 2015 2:45am
- | Joined Oct 2013 | Status: Long term Analyst | 1,198 Posts
Never follow/blame others,Patience is the key skill for Succesfull trading.
- #967,420
- Mar 11, 2015 2:47am Mar 11, 2015 2:47am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
{quote}
Look Sharp/Trade Tight