FOREX - Trends, Forecasts and Implications (Episode 17: July 2012) - page 456

 
Serg51:
By my calculations the pound has finished its upward movement. The euro still has some way to go.


I think if oil continues to rise, the dollar index will fall considerably then EUR/USD will also rise

despite unresolved eurozone issues with Spain in particular

and events in Greece are already perceived as noise (and a lot has already gone down imho on eurusd

Chart of D1 oil

)

 
strangerr:


Mine is just starting)))) Or rather continues:

The euro is the same at 1.5750. \Now you can laugh and throw stones))))


The wedge has been in sight for a long time. Just might break down. And 1.62 will be supported.
 
By the way conspiracy-minded Demura is preparing the most inhuman attack on the Olympics. Here's an excuse to tear down.
 
IDLER:

A wedge has been in sight for a long time. Just might break down. And 1.62 will be supported.

Dybp yt,eltn)))
 
strangerr:


Mine is just starting)))) Or rather continues:

The euro is the same at 1.5750. \Now you can laugh and throw stones))))

The pennant is not a pivoting figure.
 
Serg51:
The pennant is not a reversal figure.


Exactly.

In general, I do not want to talk about it now, because it is useless, even I know what I will hear.)

And the remark about the pennant is right on the mark, see the chart)))

 
strangerr:



 
Nesradamus:


I stole the name from the Doctor from MT5)))

LBT is a bullish trend line, LMT is clear.

 
strangerr:


I stole the name from the Doctor from MT5)))

LBT is a bullish trend line, LMT is clear.

The names certainly explain a lot, apart from the way they are constructed. Is there some kind of law, or what?
 
Nesradamus:
The names certainly explain a lot, apart from the way they are constructed. Is there a law or what?

What are the laws of trending, I have done the price, but the angles on the last screenshot I can tell you, but not today.