FOREX - Trends, Forecasts and Implications (Episode 13: March 2012) - page 299

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yurchenko:
Look at us climbing out of the channel this week

Out of the channel, maybe, but out of the trend yet, not even out of it


 

reading the news for the first time, I have this reaction today

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Tantrik:
Who built the canal?
NB- channel turkey shorter.
 
margaret:

from the channel, maybe, but from the trend, not yet, and not even to reach


the upper white trendline is the edge of the channel, the test should have been at 1.3750, and if we check the next tops, the edge of the channel is at 1.3450 and it's not getting there either. All this rise out of 26 took too long now it should be 1.39 and we are still stomping here, and if not rising what? ....
 
yurchenko:
NB- channel turkey shorter.
throw away
 
Tantrik:
throw away
OK
 
yurchenko:
OK
I was just kidding (you're making such a big deal out of it...)
 
Tantrik:
The upper white trendline is the edge of the channel, the test should have been 1.3750, and if we follow the next tops, the edge of the channel is 1.3450 and it doesn't reach it either. This whole rise from 26 took too long now it should be 1.39 and we are still stomping here, and if it is not rising then what? ....
so i heard that the dollar index will show the last low next week and there will be a reversal... Globa says to sell the euro.
 
Tantrik:
I was just kidding (you're making such a big deal out of it...)
All right, well, time will tell on the trend.
 
solar:

reading the news for the first time, I have this reaction today

The Japs got out the good news and they're up to their old tricks.
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