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- MarkH replied Apr 24, 2010
I'm not an expert on fundamentals, rather technical analysis. However, my simplistic thoughts are that the IMF/ECB will *have* to bail them out. If they don't, wouldn't this put the EURO in jeopardy of existence?
EURUSD
- MarkH replied Apr 24, 2010
I have been watching this with great curiosity. What happens to the Euro if: (a) Greece does drop out and resorts back to their old currency? How would that effect the Euro? Good or bad? (b) Greece is bailed out with a new 45 Bln. loan?
EURUSD
- MarkH replied Apr 23, 2010
I'm seeing the same thing too. Yes, 1.40's might be a bit optimistic, but, non the less, I think we've turned a corner for higher. Have a great weekend!
EURUSD
- MarkH replied Apr 23, 2010
No problem Kramer...it's just my opinion. And I'm happy with my earnings.
EURUSD
- MarkH replied Apr 23, 2010
Yes, it's even more pronounced on the 1Hr. I'm not pro-Bull or pro-Bear, I'm just looking for the trends and trend reversals.... Inverted Head and Shoulders is a pretty good sign of a reversal. My personal opinion is that we're headed back to ...
EURUSD
- MarkH replied Apr 23, 2010
USDX 4H double top and failing = EUR/USD moving higher (for newbies)
EURUSD
- MarkH replied Apr 23, 2010
Interesting that we hit the Fibo 161.8 extension. I had been watching this from yesterday when it dawned on me that this is probably the reversal point.
EURUSD
- MarkH replied Apr 23, 2010
Sorry, I should have posted this "Inverted Head and Shoulders" with a picture.
EURUSD
- MarkH replied Apr 23, 2010
Inverted Head and Shoulders on the 1HR. chart. Anyone else see that?
EURUSD
- MarkH replied Apr 23, 2010
Good night guys, it's 11:30 P.M. here. I'll keep you informed $1,100.00 underwater adventure. Guess you gotta have balls to play.........Golf.
EURUSD
- MarkH replied Apr 22, 2010
I made money on the way down..... But I'm still holding this, Elliot told me we're headed back to 1.41'ish.
EURUSD
- MarkH replied Apr 22, 2010
I got one long position from 1.3447....I'm under water by $1,130.00 clams...damn.
EURUSD
- MarkH replied Apr 22, 2010
I've got a funny feeling it's stop hunting prior to the move back up.....
EURUSD