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    • rekon67 replied Jan 9, 2012

      ..Sure intersection points are the indecision zone, but price likely behave there like got some support/Resistance .. then you can take advantage of that ... presently watch the candle formation and if price goes below 40 .. then ...

      EurAnalysis
    • rekon67 replied Jan 9, 2012

      From the Picture price is retracing up from the LTL which has a declining slope...Price I think touched the MA (100 ?) so my speculation from this daily chart is Price already hit the top of the day (Although I should not say when PA is bullish) .. ...

      EurAnalysis
    • rekon67 replied Jan 9, 2012

      Euro is Going to Bounce Soon? — Euro is Going to Bounce Soon, Despite What Everybody is Saying. By – Casey Stubbs We have started the year of with nothing but consistent drops for the Euro verses all major currencies. The current market ...

      EurAnalysis
    • rekon67 replied Jan 9, 2012

      Interesting News — US forex broker FXCM released its trading metrics for the month of November 2011. This includes separate figures for retail and institutional clients. The number of retail tradeable accounts continued rising and reached ...

      EurAnalysis
    • rekon67 replied Jan 9, 2012

      Excellent answer...now a days I confirm my short-term trades based on the regression intersection points .. helps me taking short-term decision and getting some pips ..

      EurAnalysis
    • rekon67 replied Jan 9, 2012

      I do remember you calling it mirror image, question is do you really believe it already hit the bottom? This retracement up is likely since EUR got buyers @ 1.266x ... but now it is important to watch how long EUR could keep up this momentum .. may ...

      EurAnalysis