FOREX - Trends, Forecasts and Implications (Episode 17: July 2012) - page 257
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I give my IMHO on the pound (on the euro) - similar.
Since June 6, the big guys continued to build up their longs - see the first indices after the vertical line, and entered the zone above 50. VILLCO (third indices) is the same - generally approaching 80... + And the EMA (26) is reversing upwards and the price has broken through the resistance level - now it is the best time to buy long on a pullback... Therefore, in the middle term - definitely long. Before that (about two weeks ago) I made my prediction about the mid-term EMA - buy (I don't look for my links - it takes too long).
I give my IMHO on the pound (on the euro) - similar.
Since June 6, the big guys continued to build up their longs - see the first indices after the vertical line, and entered the zone above 50. VILLCO (third indices) is the same - generally approaching 80... + And the EMA (26) is reversing upwards and the price has broken through the resistance level - now it is the best time to buy long on a pullback... Therefore, in the middle term - definitely long. Before that (about two weeks ago) I made my prediction about the mid-term EMA - buy (I don't look for my links - it takes too long).
Until 1.5663 is broken through, there is no point in going long.
Until 1.5663 will not break through, there is no point in going long.
And if so: the market will open with a gap on Monday at 1,5700 on the pound? :-)
At "1.5663" - we might not make it...
And if so: the market will open with a gap to 1,5700 on the pound within a week +-, and the following Monday? :-)
At "1.5663" - we might not make it...
16:30 USD Unemployment Claims 367K 350K
18:00 USD Existing Home Sales 4.64M 4.55M
18:00 USD Philly Fed Manufacturing Index -7.8 -16.6
That's tomorrow, and the data will give us something to look at. I'm leaning towards a sideways trend.
16:30 USD Unemployment Claims 367K 350K
18:00 USD Existing Home Sales 4.64M 4.55M
18:00 USD Philly Fed Manufacturing Index -7.8 -16.6
It's tomorrow and the data will tell us what to look for. I'm leaning towards a sideways trend.
What is a sideways move? Price is either rising or falling, there is no other. You better tell me the minimum and maximum of your sideways
What is a sideways market? Price is either rising or falling, there is no other. I would rather you tell me the minimum and maximum of your sideways
1.5665-1.5580.
I give my IMHO on the pound (on the euro) - similar.
Since June 6, the big guys continued to build up their longs - see the first indices after the vertical line, and entered the zone above 50. VILLCO (third indices) is the same - generally approaching 80... + And the EMA (26) is reversing upwards and the price has broken through the resistance level - now it is the best time to buy long on a pullback... Therefore, in the middle term - definitely long. Before that (about two weeks ago) I made my prediction about the mid-term EMA - buy (I don't look for my links - it takes too long).
How's Bernie doing? There's no movement...
Nothing.)
How's Bernie doing? There's no movement...
Realised he was a codger and no one reacted today.
Yesterday we fell for it, then realised he was just scratching his tongue and quickly got the price back to the previous level.