[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 395
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Looks like a really sellout. Although unlikely for long and not the best pair, but we have every chance to hear another tale of hamsters draining. Except that my clean techanalysis shows it without the hamsters as well.
I'm timing it on purpose. The FA is against, the Euro and the USD are not having the best of times, and the Aussie is a good haven with a good swap, works even on a flat.
People who can overlay gold on the dollar index on the daily or H4 in their terminal, please post a screenshot...
Here's the overlay and look what happened ! ) I'm certainly surprised ............ the accuracy is top notch !
http://s015.radikal.ru/i331/1106/f1/9f056df746f4.jpg
should i post the indicator ? - I have it !
Here's the overlay and look what happened ! ) I'm certainly surprised ............... ))
http://s015.radikal.ru/i331/1106/f1/9f056df746f4.jpg
No, it's not bad, really )))
Do you want me to post the indicator? - I have it.
The idea is this: if the Fed or a group of banks bought gold cheaply, and now dumped it on the market because prices have risen, they can simply "freeze" (or remove) the proceeds of the money supply (think dollar) creating its shortage and the value of that currency...
It either takes a frenzied demand or a shortage - there are more and more dollars in the world every day ))
And the national debt is swell at 1 million dollars a minute
http://www.usdebtclock.org/
Cool sent the dollar/franc pair into free float near the end of the session.
And other pairs....:-)
And other pairs....:-)