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Thread: EUR.USD

  1. #741
    action-reaction arco's Avatar
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    Hi Peat

    Thanks for posting the graphs. Interesting that the monthly looks like a potential BF in the making.

    Based on your findings do you feel their service is of value?

    rgds - arco



    NB. 1hr BF playing out nicely at the moment.
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  2. #742
    Legend peat's Avatar
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    So far... its hard to say with too much certainty, but I'll say this for them - they're putting out a lot of very timely charts and commentary on their intradays, so they are working hard. I think they have trouble being certain about direction a lot of the time.Thats kind of understandable. They often have an alternative count which means they're hedging themselves. Its an analysis, not always a tip sheet as such.
    I need more time to analyse their work. I might comment again later.But I certainly wont be buying it at that price you quoted Arco. It could be valuable to someone though if not necessarily me.
    For clarity, nothing I say is advice....

  3. #743
    Legend peat's Avatar
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    on intraday today EW are generally short USD , except against the Yen.
    For clarity, nothing I say is advice....

  4. #744
    action-reaction arco's Avatar
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    Post #741

    Quote Originally Posted by arco View Post

    NB. 1hr BF playing out nicely at the moment.
    The BF performed as expected reaching into the grey box with red line (1.4815) I placed on the chart.......high was 1.4811.
    Bugger 4 pips out again.......must try harder .

    I took a profit but I'm back in again this morning with another order

    +41
    Last edited by arco; 29-08-2008 at 02:34 PM.
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  5. #745
    Legend peat's Avatar
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    gartley AND three indians!
    very tempting
    For clarity, nothing I say is advice....

  6. #746
    action-reaction arco's Avatar
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    Default 7:00pm High Volatility Expected - ECB President Trichet Speaks

    As head of the ECB, which controls short term interest rates, Trichet has more influence over the euro's value than any other person. Traders scrutinise his public engagements as they are often used to drop subtle clues regarding future monetary policy.

    Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues.
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  7. #747
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    Default Ewi

    For clarity, nothing I say is advice....

  8. #748
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    Very trendless actions over the last couple of days, am now waiting for a pullback to recent support at 1.39 before initiating a longer term position.
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  9. #749
    action-reaction arco's Avatar
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  10. #750
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    Is that a big butterfly I see shaping up on the 15min weekly chart?

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