There is a big difference, since FED is not US but a private bank and buying gov. bonds they can (and do) drive the debt level as high they want and whenever they want, also not only FED but Japan and China are holding biiig amounts of US debt as ...

Investors offer about 30 billion euros in Greek debt buyback: source

Yes, can be done as well, but I prefer to use the outside range fibs, which are more exact, since the 38, 50 and 61.8 are within the price range, but they often are the 161 and 261 levels of lower tf's, like 61.8 fib on 4H is the 161 of 1H and 261 ...

Euro fails to hold above 1.3100

According to this study, I have 3 targets for EURUSD: 1.2816, 1.2725 and 1.2634. but will leave one of my short positions target @1.2476 as midterm low I expect since many of the fib retracements confirm this price for the next 1-2 weeks.

Euro fails to hold above 1.3100

Yes, .2816 is also the 261% fib level of the 27.Nov. and 5.Dec. Highs, and the strength of probability to see that price is high, since the market closed below 161% fib. of the same highs AND it close below the 50% retracement of the last daily ...

Euro fails to hold above 1.3100

According to my fibs and MTF-SMA study about Gold: it has currently the potential to go up to $1713 (161% fib) but max. to $1731 (with a big IF), then the reversal which points to $1651.

Euro fails to hold above 1.3100

I see now what you were referring to. is it the lowest price previous bar on 4H and highest of current bar range, and stopping at 38 fib from downward retracement? if so, I see on the daily chart, price having broken 50% fib downward, from the low ...

Euro fails to hold above 1.3100

yes, possible too. actually UK as well, as it was on the table whole week

Euro fails to hold above 1.3100

We may see a big gap down on sunday when asia opens. also it is possible that moodys really cut the rating of germany and holland after the market closes. can you imagine the gap down on sunday then?

Euro fails to hold above 1.3100

Yes, if you are talking about the stopping on the recent upper move, 1.2952 was the 61% fib. retracement of the bigger down move. The bottom of today was the 423% fib on the 4H from last nights .2950 - .2972 range,

Euro fails to hold above 1.3100

Yes, some longs will close until the market closes, which will drive the price lower. but if the price passes through 1.2914 in the next hour, you can see some fast moves downward, taking out the 1.2876 low from earlier today, as I see big sell ...

Euro fails to hold above 1.3100

Yes, I am. I only enter the trades by orders placed to fib levels from multiple TF's, and if one gets ignored, I add until the 50% fib of the higher TF gets ignored and hedge in this case until reversal. exposure? it's not much, 5 lots each.

Euro fails to hold above 1.3100

Thanks jaygee. I know I see the doji as well, but the fib level did not fill yet. What in this case seems to be bottoming is just the retracement to 61.8% of the large down move which is at 1.2962, if the price goes higher from here(1.2948) at all, ...

Euro fails to hold above 1.3100

Yes, I had opened @1.2936 and another one @1.2944. because of the distance from here to 1.2772 I see big fast move, as the fib levels fill almost always same day (except 423%) specially fridays with huge impact news days like today. but even if the ...

Euro fails to hold above 1.3100

I see it as in the making, and opened an additional sell order at 1.2944, which just filled. But the 1.2772 is the 261% from the 4H down leg. (since the 161% has been broken already) which is at the same time 161% from the larger down move in 4H.

Euro fails to hold above 1.3100

I see, I just opened short @1.2936 and expect some fast plums in 1 hour to 1.2772-1.2756 levels. by the way, it is a bit dangereous to open longs from now on until the market closes, as there is a big fast move down is in the making

Euro fails to hold above 1.3100

Sell & Long?

Euro fails to hold above 1.3100

Open Short EUR/USD / TP Target: 1.2772 (SL 1.3059)

Euro fails to hold above 1.3100

Creating jobs could be something like: Small business financing program; Loans at 1% rate, first 2 years free of repayment and payable in 20 years, alone this would create over 20 million new jobs almost instantly. = Government gets the money back ...

Fiscal Cliff Looms Closer Than You Think

fully agree, as the tax income for the government is the #1 income source, but these morons have no clue about economics, otherwise they would invest in areas where they have profit: Create jobs, collect taxes; invest 1T, collect 500B every year, ...

Fiscal Cliff Looms Closer Than You Think

Oh I see, yes he is talking english and was blaming mine, (without knowing that I speak 4 other languages same level like I am writing my english), when we discussed about fib levels yesterday.

Euro fails to hold above 1.3100