[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 187

 

The pound worked off the first target...but it took its nerves...

 
lotos7:

The pound worked off the first target...but it took its nerves...

It seemed to be going down almost flat from 10.30 GTM.
 
s_aullma:
Of course the price doesn't depend. His speech determines the expectations of traders, large and small, or rather how real they are. But what those expectations are depends on the price.
All that remains is to determine the direction.
 
lotos7:

The pound worked off the first target...but it took its nerves...

I'm sure he did. I'm like that myself.
 
I'm sick of the euro today.
 
Bicus:
I'm sick of the euro today.
That's a good one. Maybe the americans are buying it before Friday. There was some terminal information that Beni is unlikely to announce quantitative easing.
 
What a reversed triangle on the euro/yen. It is clearly working out.
 
As they say, I've got it, but... I'm already thinking about climbing the fence until the eu gets out of this fucking corridor of 1.43-1.44?
 

4355....

6348..

 
4368..... by WimFor.
Reason: