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jsspmk replied Apr 6, 2010Skyzer, just look at charts of bonds against USD (based on extremes) 1986-1996: USD 130 to 80; Bonds 78 to 115 1996-2002: USD 80 to 120; Bonds 115 to 94 2002-present: USD 120 to 72; Bonds 94 to 130 So there is an obvious progression there, no matter ...
EURUSD
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jsspmk replied Apr 6, 2010Check this out, 10y T-Note's Monthly chart. H&S is clearly visible & to finish it of there's a failure swing. So if bonds are to slide then interest rate is expected to rise & therefore USD up. 30y looks the same if not better for a slide. So if ...
EURUSD
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jsspmk replied Apr 6, 2010url "...The only possible bullish outcome at this point would be from a flat..." Flat wave is basically a W formation, so he is also seeing 1.3266 as next target. So let's see what sort of price action we get at that level. If it is to be a rather ...
EURUSD
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jsspmk replied Apr 6, 2010I have a relative in commercial banking, that's an extract from his e-mail of November 2009: I do not expect huge growth or drop in oil, however high volatility is quite possible. Significant growth is not too probable since OPEC has huge unrealized ...
EURUSD
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jsspmk replied Apr 6, 2010Pretty much
It's all about at which levels bases are built. Like with current shorter term decline I was looking at whether bulls would be allowed to build a base at or above March close 1.35-1.351, they weren't allowed to do so, price started ...EURUSD
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jsspmk replied Apr 6, 2010I didn't mean to say the pivot, just pivotal or important. Here is another one from Dec 09 - March 10 the average price taking into consideration OHLC of 4 months since start of decline is 1.4030
EURUSD
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jsspmk replied Apr 6, 2010Since most here are daytraders, these are the most relevant levels, March High is too far to be considered at the moment.
EURUSD
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jsspmk replied Apr 6, 2010It's got nothing to do with Euro or any 1 currency. "The History The Wocu represents a signifcant step forward in world monetary thinking in a direct line from 1944 to the present day. It represents a shift as signifcant as 1971-3 when the Bretton ...
EURUSD
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jsspmk replied Apr 6, 2010Some maybe interesting stats: 1.3506 - March Close 1.3444 - February Low 1.3267 - March Low (1.3506+1.3444+1.3267)/3=1.3405 Whenever EUR is trading below 1.3405 it is trading below key pivotal zone
EURUSD
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jsspmk replied Apr 6, 2010I haven't seen anybody optimistic on USD longer term. When is it going to happen Skyzer, when is USD going to go into meltdown? The answer is you don't know, nobody knows. It may happen in 10 years time, it may happen in 2011. Your problem is that ...
EURUSD