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xxDavidxSxx replied Apr 2, 2008The 4hr chart looks like its about to launch up a big huge correction. I see the potential resistance, but pattern looks like its going to correct further up.
EURUSD
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xxDavidxSxx replied Apr 2, 2008Just below that trend line is a median line from a weekly chart. That may have served as support, as the price bounced near it, giving a false break. I admit to getting caught in that one but not by much. If a break like that isn't swift and ...
EURUSD
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xxDavidxSxx replied Apr 2, 20081.5639 daily pivot. As long as its above trend line cann't short, and as long as under weekly pivot can't long. Maybe good for some ranged scalping while waiting. But not me. I'll just wait it out. I still expect a big triangle, so price would need ...
EURUSD
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xxDavidxSxx replied Apr 2, 2008There is a cost effective alternative to the gas motor, and I own some of its stock. It can run on anything, can produce insane HP and torque, and is cheep to build. But the government would lose money, and it would put oil companies out of ...
EURUSD
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xxDavidxSxx replied Apr 2, 2008I agree, Bernake Sr got me flaired up poking his head in here and laying out some words of discomfort. If the government was really truely concerned they'd ease up the gas taxes. The truckers are trying to do something. To bad the rest of the ...
EURUSD
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xxDavidxSxx replied Apr 2, 2008The only reason were paying so much for gas are our own governments taxes. And the state. Here in Charlotte NC its 3.40. Just 10 miles away barely across the SC border its 3.20 in a tourist section right across from Carowinds. 20 cents difference ...
EURUSD
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xxDavidxSxx replied Apr 2, 2008The middle class who still have jobs are starving themselves. Food is the first to take a budget cut of all the essentials. I know guys spending 20% of their net pay on fuel getting to jobs. Record # of people delaying retirement.(baby boomers). ...
EURUSD
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xxDavidxSxx replied Apr 1, 2008Euro$ looks heavy. Before it would have bounced, but now id still pressing on the support area. Still a possible rally to the pivot to get a running start. If it don't reach the pivot, and continues down, then the move is even stronger then it looks.
EURUSD
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xxDavidxSxx replied Apr 1, 2008I just saw the same thing and wondered. Oil was ticking down and eur$ was ticking up. I think the oil charts lag more than if its on your live trading platform.
EURUSD
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xxDavidxSxx replied Apr 1, 2008I think the market is waiting on oil. Oil is correlating with euro$ almost exactly right now.
EURUSD
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xxDavidxSxx replied Apr 1, 2008I am watching oil prices, and there not falling below 100. I'd be worried about now, and be taking long profits on oil if I had it.
EURUSD
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xxDavidxSxx replied Apr 1, 2008Yea, this years profits, and the years to come, they said may never look as good as last years. Plus we have truck drivers on strike and oil sales starting today will show dramatic losses, and the truckers demand prices go down. Like I said few days ...
EURUSD
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xxDavidxSxx replied Apr 1, 2008Well it took a hop(not yet a bounce) when it neared the above range. But USD news was positive so holding with 50 pip trailed s/l. I don't know what time this oil thing is supposed to happen, only caught a quick sound bite on it. Watching CNN now to ...
EURUSD
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xxDavidxSxx replied Apr 1, 2008As I described, euro like to make a last rally befor a sharp fast drop. Yesterdays last rally, and last night/this morning drop, I would not recomend a long trade today. The meeting of the oil company's could send this thing free falling. All the ...
EURUSD
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xxDavidxSxx replied Apr 1, 2008But 890 is not cheep gold, not when it was only 500-600 a year ago. And that was expensive compared to the 400 the year prior. So Cheep gold would be under 500$
EURUSD