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- Theroadto1bi replied Dec 21, 2011
I saw 1.32 as a huge resistance, but nothing to the effect of dropping 100 pips in a matter of minutes, must have been absolutely no long support, because the Europe came out with a huge restructuring plan. Euro is way undervalued coming into this ...
- Theroadto1bi replied Dec 21, 2011
What the hell happened to the Euro this morning at 430 to cause it to plummet 150 points from its top?
- Theroadto1bi replied Feb 18, 2011
I will say this Euro +100, GBP +30,USDJPY -5, USDCHF -20.... All buying on the euro, which can lead to a rise for the USDJPY and USDCHF, GBP will be relatively quiet.
- Theroadto1bi replied Feb 18, 2011
Reports are the Bundesbank and other European Banks are buying after there comments in mass, may show them trying to make a quick buck with the comments on top of Bernankes statements one of my sources tells me.
- Theroadto1bi replied Feb 18, 2011
No Cloggie, they have not defaulted yet.
- Theroadto1bi replied Feb 18, 2011
Just saying ECB has been saying this time and time again, we have to see that in fact a rate hike would nearly kill two of there economies in Portugal and Ireland. I don't think that it is likely at all, these statements happen all the time and pull ...
- Theroadto1bi replied Feb 16, 2011
Good stop losses. Make sure to understand during a down trend its extremely hard for a move to keep going, or an uptrend regarding the swissy.
- Theroadto1bi replied Feb 16, 2011
Literally you are one of the dumb ones that gets shaken out. better have a short sl
- Theroadto1bi replied Feb 10, 2011
Did anybody else notice this, This was a key turn around, We may be looking for .98 now and then a slight pull back, I think the euro will hit around 3335-90 before a quick bounce to 3550, then back down to 1.320 or below when the dollar swiss will ...
- Theroadto1bi replied Feb 8, 2011
I am long at the bottom of this short term trend 9537 tp=9593 sl=9495
- Theroadto1bi replied Feb 8, 2011
Wow whats new, the Asia session pushed the euro back up 60-70 pips. My prediction of them changing their sentiment was wrong, posing for another strong short euro session in London. Thus this looks like these past 48 hours of trading from later ...
- Theroadto1bi replied Feb 7, 2011
I think we have an asian session in where the short trade for the euro is the best option today. Previously the asian session has been a sigh of relief for bears, as nearly every time we see some sort of rise before london opens. We can probably ...
- Theroadto1bi replied Feb 7, 2011
Bulls have to be aware as bears had to during the uptrend from 1.2850, that we are now confirming a new trend that has so ummff behind it. Don't get caught with a long on, much more profit to be had on the short side until 1.3245-55. If I have ...
- Theroadto1bi replied Feb 7, 2011
If your looking for long term, 1.3245-55 should be your tp. the CHF bottom was evident, as we formed an obvious double bottom. Due to technicals and weak fundamentals of other currencies we may see dollar strength dominate this week and into the ...
- Theroadto1bi replied Feb 3, 2011
Well this is interesting, If you look at the Dollar Franc, and the Dollar Yen pair, you can see someone doesn't want the dollar to go up. The dollar is also weak against the Aussie. I imagine that these pairs are even safer plays then the euro, This ...
- Theroadto1bi replied Feb 1, 2011
BERLIN (MNI) - The "massive" appreciation of the Swiss franc is a development that must not be underestimated, the Vice President of the Swiss National Bank, Thomas Jordan, said in the text of a speech to be delivered on Tuesday in Vienna. In the ...
- Theroadto1bi replied Feb 1, 2011
VERY VERY similar chart pattern as from 10/10-10/14 with the V shape trend recover after a long move up of approximately 1000pips, after that we saw a 450-500 pip reversal before another leg up 750 more pips before a final drop. Good ADP job reports ...
- Theroadto1bi replied Feb 1, 2011
we may currently be seeing the swiss make a run to the bottom to form a double bottom, and provide less resistance up to .97 and to 1.00
- Theroadto1bi replied Feb 1, 2011
Retails sales after corrected yoy was actually -3.7% from last month, largest loss for this swiss in a while in that category.
- Theroadto1bi replied Feb 1, 2011
Pip chick the reason why is because in a normal moving market, i.e. indicators show the euro should have fallen off a little bit. Now the problem is, there has been an obvious large amount of government intervention which only the banks knew about ...