FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 273

[rigc]

strangerr:

To rigc: why?

to get away from the reversal upwards))))

or is the pivot range still large?

[Александр Шевчук]

rigc:

to get away from the reversal upwards))))

or is the pivot range still large?

So the thing is, I don't know where and when the reversal will be)))

[Bicus]

There's something about the euro that doesn't want to go down.

[trinitron]

I think 4220-4110 should go down and then a 50-60 point correction to the top and stay there till Monday. Similar to yesterday. A linear downtrend channel is clearly working now on the daily chart.

[Александр Шевчук]

Bicus:
There's something about the euro that doesn't want to go down.

Patience and care is what counts in this business.

[margaret]

strangerr:

Patience and care is the most important thing in our business.

And don't forget that today is the last day of the month, there may be surprises....

[Tantrik]

strangerr:

So the thing is, I don't know where and when there will be a U-turn)))

why know it when you can watch :-)). 1.4236 bought 1.4250 sold... and so for 10 - 15 pips. traded a thousand pips.

[Александр Шевчук]

margaret:
And don't forget that today is the last day of the month, there may be surprises....

That's why I'm watching the m15.

[rigc]

trinitron:
I think 4220-4110 should go down and then a 50-60 point correction to the top and stay there till Monday. Similar to yesterday. A linear downtrend channel is clearly working now on the diaries.

I agree about 42-415 and there either we have a correction or we'll go further down...

[margaret]

strangerr:

That's why I'm watching the m15.

Inflation in the Eurozone has fallen, the Euro should be going down, but it won't....This is the last day of the month