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13 Posts Total by "littlesnow":
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littlesnow
(Finland)
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littlesnow
Finland
Posted Anonymously
14 years ago
Mar 17, 2010 14:42
In Thread: EUR
INGbalek,
Just saw your question. No, Adam theory is not an indicator. Just another theory like Dow theory.
If we look at the chart now. It is possible that euro will make a drop below 1.37. probably 1.3650around to meet the theory. We can also call it a handle for the circle or cup bottom. Then it will reverse quickly to the upside till next week. Gbp will also drop below 1.52 as well.
littlesnow
Finland
Posted Anonymously
14 years ago
Mar 10, 2010 16:32
In Thread: EUR
Technically, Euro seems to be forming a circle bottom(or cup pattern if you like)and is threating 1.38. Aud is going to make a high to 9260 if we draw a line on previous high. Gold has just break a reverse head and shoulder pattern and is targeting 1160. Cad is complicated here but under 1.02 it will go down quickly.Please check it.
Mr. Ashraf's call for main trend is still valid if you put it in a larger frame and we have to allow the market for certain correction if not trend reverse.
littlesnow
Finland
Posted Anonymously
14 years ago
Mar 4, 2010 17:52
In Thread: Will the Fed Raise Rates in 2010?
VOTE:No

U.S economy still not stand for a rate hike.
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