[Archive] FOREX - Trends, Forecasts and Consequences (Episode 15: May 2012)

[Uladzimir Izerski]

It's May and it's time for a new episode.

[Dersu]

Let's start with a line on the tops on the D.

And the over the top Stoch.

Volumes are going nowhere. Is it day or night?

[Oleg]

Note to GBPAUD, any thoughts on selling?

[Evgeniy Gutorov]

First, look at n4 - an ascending wedge is a sign of the beginning of a trend reversal...

[Dersu]

forte928:

First, you need to look at the n4 - an ascending wedge is a sign of the beginning of a trend reversal...

Mordato. But there the support tipped into resistance at first.

They are not letting us sit for a few days now. And all in vain and to no avail.

People are hanging on the fence.

FREE PARROTS !!!!!

[Evgeniy Gutorov]

Dersu:

Mordato. But the support there initially tipped into resistance.

They've been stonewalling for a few days now. And all in vain and to no avail.

People are hanging out on the fence.

FREEDOM FOR PARROTS !!!!!

The daily has not yet reached the resistance line, that's why they are pushing up.

[Dersu]

forte928:
The daily hasn't reached the resistance line yet, that's why they're pushing up...

Fucking pain in the ass.

I will be very surprised if they manage to make a bargain figure.

[rigc]

What was the news that played down?

[[Deleted]]

rigc:
what was the news that played down?

21:00 USD Manufacturing Activity Index (ISM) 54.8 53.0 53.4

[rigc]

ABS:

21:00 USD Manufacturing Activity Index (ISM) 54.8 53.0 53.4

nice.... I thought we were going to go way up...

[Sergey Ivanov]

Margaret, isn't that what you wrote about earlier?