The GBP discussion coming up later what are you predictions?

Please state them now instead of after it occured.

I Don't Know

I don't have one...

I don't know if it is going up.
I don't know if it is going down.
I don't do any historical analysis.
Heck, I don't even have a trendline.
I don't have an entry price.
I don't have a target price or an exit point.
I couldn't careless about the fundamentals... I just know when they are going to be released.

If it goes up, I will buy it. And if it goes down, I will sell it.


Peace,
CrucialPoint

It will be too late by then.

It is now 35min south and it is still south 1.5115


Peace,
CrucialPoint

awesome

My Prediction my be a little too far in the future - and perhaps even unrelated to the intentions of the thread seed - if so I'll remove it

I would anticipate a recovery to the 1.6xxx range - only because of the bloating of the dollar, and efforts to weaken it. Even though our strength is fake, if we continue to overtake all other foreign currencies growth ( real or fabricated ) we'll get to a very horrible commodities situation. The Fed has been looking for the right time to weaken the dollar - however I would expect the plan to go ( perfectly right for them ) and horribly wrong for our economy.

The coming week should pose a similar scenario of buy on the rumor sell on the news - like most interest rate hikes, they promise to ease it in slowly as the Fed continues to find that perfect balance.

I really hope I'm wrong in my prediction - but we could see the Dollar disappear. Ideally, the Fed should want to bring the old 2000 - 2005 prices. This was a good global balance. With the USD being so ridiculously strong on the chart - it shadows all the other currencies. If there could be a little weakening it would boost the opposing economies currency values and deliver a better global commodities venue.

However, I think this time it won't stabilize anything - I think it will just simply take the dollar and everything depending on it down to nothing - the Elite need their economic Panic and with the Yuan now a global currency it's the perfect time - China should be looking to bloat it and with that strengthening the Dollar.

If I'm right - it's all over, and selling the dollar is the ideal thing to do. If I'm wrong then we could see a very nice stable global economic boost. I think the real problem is the strength of the dollar is a lie.

Think of it like a balloon. If you fill it with helium it rises - when you think it's too high you release the helium with a pin prick - except the helium alters the balloons molecular structure and weakens it - the pin prick will pop the balloon. It doesn't fall - it explodes and is thrown away.

And then I arrive, open chart for NewYork session and write the story "How to lose 12 pips in 0.1 second" BECAUSE I couldn't careless about fundamentals in every sense, and this is the result when I don't even know when they are going to be released, I didn't look at News Calendar minus 12 pips on a trade in a flash luckily then market went north for more than 30 pips.