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- Atlast replied Jun 2, 2010
I don't know why GU is so strong, I shorted it yesterday only to find out there's buying interest. So long as the curved bottom is intact and no significant hig is hit, better not trade against it. Something to do with rumours that PRU deal will not ...
EURUSD
- Atlast replied Jun 2, 2010
They are drawn as soon as price pattern allows, always looking for significant highs and lows, and should describe subsequent PA.
EURUSD
- Atlast replied Jun 2, 2010
Watch the downtrend pitchfork, it has rebounded off the ML, with a pattern I look for to give a high probability that at least a test of one of the 2 highs market off will be hit. Then watch the upsloping pitchfork, you will see it doesn't encounter ...
EURUSD
- Atlast replied Jun 2, 2010
There is no doubt in my mind at least that it will get to 1.2315 before any serious supply.
EURUSD
- Atlast replied Jun 2, 2010
Interesting pattern. definitely worth playng it. I expected a market sell off in quiet trading o/night. we didn't get it, so up it goes.
EURUSD
- Atlast replied Jun 2, 2010
Good morning. That dollar weakness now confirms to buy the euro. GU making a rounded bottom which should complete above 1.4900. Maybe there will be intervention today to propel this up. Buying EU today, unless....
EURUSD
- Atlast replied Jun 1, 2010
It would not surprise me if the market plunges overnight. I am holding my shorts till tomorrow just in case there is a good surprise.
EURUSD
- Atlast replied Jun 1, 2010
maybe the head will turns out to be a shoulder should the market take out the low. In any case, another shoulder would be needed to set up the investerd H&S
EURUSD
- Atlast replied Jun 1, 2010
2 levels to watch 1.2382 and 1.2209. Sell at one and buy at the other.
EURUSD
- Atlast replied Jun 1, 2010
GU attempting a triangle breakout. could be time to test the market here.
EURUSD
- Atlast replied Jun 1, 2010
so true, but could this be the answer to the global problem? don't forget the problem is inherently financial debt affecting budgets. there would be a race to set currency levels, at a stroke there will be devaluation across the board. disruption ...
EURUSD
- Atlast replied Jun 1, 2010
Im going to make some speculation here. I still don't buy that excuse why the german president resigned. Could it be he wants nothing to do with a planned pullout of the euro from germany. speculation only. Merkel is upset.
EURUSD