Yep. Very similar indeed. Remember though that Draghi had not yet made is "...Whatever it takes..." speech and the EZ sov bond market was taking a s**t kicking with Spanish and Italian benchmark yields in the 8% neighborhood.

EurAnalysis

Tom, that was fantastic as usual One more consideration to add to the neverending list of reasons why the Euro is so messed up. I guess we'll just have to wait and see.

EurAnalysis

Well at least till the end of A, but it is not required to keep going Also the abcde triangle can morph into an upside extended correction (wxy) We just have to watch how it unfolds. As long as the high of the triangle c wave is not breached, it is ...

Elliott wave outlook

If you replaced the higher degree wave 4 and wave 5 with B and C, then I think you are on the right track, as the corrective abcde triangle is far too long in time relative to the prior impulse move to qualify as a wave 4. At least it is a ...

Elliott wave outlook

Click on the file menu and select "open deleted". The charts may be in that list.

Cable Update (GBPUSD)

I can see everything very clearly. No confusion. Very simple for me. Thank you for your advice anyway.

100% Daily Chart Analysis

I think you'd be quite frustrated as well if you were in my shoes of waiting on a park bench for the picnic to start. Bears get hungry you know. Basically I've been counter trend trading for more than half the time in the last year. I'm still in ...

EurAnalysis

You make a good point. I don't think the Euro would have advanced this much had it not been for Sterling. Mind you I feel it's more to do with the Japanese initiative of buying up foreign bonds as opposed to JGBs. Even if UK did not show it's recent ...

EurAnalysis

I look forward to your numbers mate

EurAnalysis

When you cannot say, then the best position is flat.

EurAnalysis

I think he means "UP" vs "DOWN AND UP" image

Elliott wave outlook

Okay... Let's get one thing on the table here. Fundamentally the Euro belongs at parity with the USD... or probably even lower. However it has been that way for a long time and all I see out of this pair is more Euro bullish sentiment. So, unless ...

EurAnalysis

Thanks for your update Alien. Technically after a small pullback, the Euro has potential to revisit the October 2011 highs. However, the fundamental outlook is in extreme disagreement with that projection. That's what makes this pair so frustrating.

EurAnalysis

Stick with that feeling and you will do well.

Cable Update (GBPUSD)

Eurozone youth unemployment reaches record high of 24.4% url

EurAnalysis

Haha. I wish I was rich enough to make it happen for you, but then I wouldn't be doing you any favors anyway. This is something you have to do, otherwise it will mean nothing You're on the right track Baggi. Just keep improving. The journey never ...

Cable Update (GBPUSD)