[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 378
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* For today, a new set of 'hamsters':-)
General statistics - Euro USD no victims - Euro Yen flattened today, but an army of hamsters started buying AUD USD - and the AUD rate is high
Overnight, the hamster's TS on the Aussie has already gone 60 pips overnight, because it was going against the trend (Comment: The trend in FA was created by the rates of the national banks). Nothing, the stop is very big, we are waiting for the big fire truck to come and drain the hamsters...
Chupa-chups (rainbow) on Aussie shows, and Gann's square at the same time, so that no one would say, "You have chosen the wrong indicator"...
Die Welt: "The ifo-Institute for Economic Research presents today an index of current and future economic developments. The experts expect a slight deterioration in the mood of the German economy after the index was unexpectedly stable in May. In any case do not expect a trend reversal in this important sentiment barometer. Above all, the experts expect a considerable slackening of expectations amongst the surveyed companies and a corresponding hint that the rate of recovery of the previous months has slackened somewhat. The economists surveyed expect the index to decrease from 114.2 to 113.9."
Hedge trades I for example have now bought the pound yen and sold the euro yen -
OK! Let's piss on the pound yen again, also against the trend...
MAYBE LIKE THIS?? ))))))))))
In addition, the daily chart draws us a "three black crows" pattern.
Very rare signal on the pound )))) Low energy bar close prices are higher than high energy bar close prices )))) Should be a big move up ))))) It looks like the pound is becoming less correlated with the euro ))))