Very curious thing at this moment. With the S&P just settling into dead center 1250 of it's recent triangle. Bulls and Bears measuring each other. Gold is sitting dead center at $1770 of a 6 month consolidation. Silver is dead center $34 of it's breakout from $18 to $50. Perhaps significance of TLT long term U.S. Treasuries is dead center 118. of the move since Fed. announcement of operation Twist. 112-124 numbers in vague memory.
So, I am noting these figures. and Euro settles at 1.35. AUD 1.0133. Now things are starting to move.
There is also talk around, besides Euro being primarily news driven but also speculation that there is buying of Euro's as the banks sell assets. I'm thinking that the primary driver is still what I believe is distribution of Euros since 2008. outa here. other things to do. :)
Was looking left on a 3 month daily bar EUR/USD chart today. Happen to notice there is still a very good comparison. Buyers coming in at the same levels, and sellers. And at approx. same intervals. This in spite of all supposedly being nothing but news related. Using that to aid my analysis. Also watching the S&P triangle consolidation. E-mini-ES over night is filling in much of the triangle while SPY is doing it's own bullish rectangle in the middle of the triangle during U.S. trading.
Just add slowly to the Euro short the dip shits. America, Fed. Has been practically guaranteeing no more QE for awhile. Euro., no true solution. QE when and if they can. Too much debt. Banks already in turmoil.
Hey, listen. America's last upsurge was due to taking out loans on their homes. That is dead and gone. 9 percent unemployment. Homes are the largest domestic investment and that is DEAD, dead. Historically will return from way above historic levels to below historic levels. Emerging economies will not survive the loss of our economies. do not count on emerging economies.
Sorry Oliver, My comment was in reference toyour comment: "how far does this Euro nonsense go before the sea closes back in on them"? unfortunately, this can carry on for a lot longer than many traders can remain solvent (those who are short at least);
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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Cringe :(
So, I am noting these figures. and Euro settles at 1.35. AUD 1.0133.
Now things are starting to move.
outa here. other things to do. :)
America, Fed. Has been practically guaranteeing no more QE for awhile. Euro., no true solution. QE when and if they can. Too much debt. Banks already in turmoil.
Hey, listen. America's last upsurge was due to taking out loans on their homes. That is dead and gone. 9 percent unemployment. Homes are the largest domestic investment and that is DEAD, dead. Historically will return from way above historic levels to below historic levels. Emerging economies will not survive the loss of our economies. do not count on emerging economies.
My comment was in reference toyour comment:
"how far does this Euro nonsense go before the sea closes back in on them"?
unfortunately, this can carry on for a lot longer than many traders can remain solvent (those who are short at least);