Posts by "farmer"

Hi Ashraf,

On the subject of the death cross, how come on the weekly EUR chart on 2009/04/05 the 55wkMa crosses the 100wkMa with the 200wkMa below them, setting up your ruling and enough room for a nice fall, I admit price fell about 80 pip, though it rallied to 1.5140ish thereafter. I'd of thought more than 80 pip run would have been had on a weekly chart with a death cross set up, but I guess that's trading. Must have been some fundamentals over ruling? Your thoughts?