EURUSD - Trends, Forecasts and Implications (Part 2) - page 210

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Gold fell because the Euro was bought back from 1.28. There were no strong movements in the Yen today. A correction would have either led to a strong yen drop or would have been applied when the yen rose strongly.
Tantrik:
Еврой - вообще не торговали. Потому что незнали что будет с долларом. А золото скинули в панике - боялись снижения. Йена и сейчас стоит не растёт.
Do you have any basis for that opinion? I understand that the combinations could be anything, but these yen feints would somehow show up, and there are no signs.
Do you have any basis for that opinion?
Do you have any basis for that opinion? I understand that the combinations could be anything, but these Yen feints would show up somehow, and there are no signs.
Look at the chart of the Yen - it has stopped rising. They are selling in portions - when the yen rises. (From what I am told - they used to intervene with large amounts and the exchange rate would drop 100-150 pips and they were afraid to just trade with the Yen). It was on the news about the Japs. And you could see on the EUR chart that it is not traded by the big players (most likely Europe and hedge speculators). And now the yen is not going up the dollar is going down. And the eurev starts to draw Elliott waves again - go for it! Good luck!
http://www.marketwatch.com/investing/index/DXY - index
I was still reading the news this morning and posted the link
https://www.mql5.com/go?link=http://online.wsj.com/article/BT-CO-20100722-711492.html[hash]articleTabs%3darticle
I have been watching gold and the dollar index all day while trading the euro and am very happy with the trading today
Igor, all markets are interconnected. Well, two transactions, one lasting two days and the other lasting two hours, cannot be directly related. The euro and gold transactions are related, the movement in gold directly started when the euro fell and immediately when gold fell, the euro started rising. It is obvious.