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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
move sine 4/8 pervertz
http://www.foxnews.com/story/0,2933,520524,00.html
of course dude i am , even when im long im also short
My 4 hr model is setting up to trigger long now @1.4387.
A four hour candle o/c above 1.4353 including current will be the long trigger. The 1 hr is still in the tunnel and looking for a breakout above 1.4390 tunnel wall by 11-15 pips with indicators agreeing. Stochs, adxdi+, point up.
be back with a stop idea if/when 4 hr triggers..
if YEN successfully settles back above 78.10 level... could see retrace back up to 80.50 level in coming weeks...
and for Swissy... clearly back above 8000 level may see gains to 8100 then 8200/8250...
charts(technicals) also show strong support @ 7850 level... and supports this view... clearly back above 8000 points more north from pure technical point of view also...