[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 776

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MobileMan:

not quite clear?
1.3440 buy!
 
 
A stranger? Who needs him (especially)?! You are very suspicious and exaggerate too much, there are thousands of such "strangers" in the former USSR!
 
Nesradamus:


So you don't allow upwards from here at all?!
 

The European Parliament is discussing the possibility of banning the publication of sovereign ratings...

fuck these guys are abusing antidepressants

 
MobileMan:

i.e. you don't allow upwards from here at all?!
You are not interested in false conclusions of TA!!!)
 

Nesradamus:

You're not interested in TA's false conclusions!!!)


I use Gunn myself. It's the only TA you have to pay attention to. But it's not the direction I use, it's the levels. Just 3440 - I don't have that level. I have 3414 or so. If we're going down now, we should buy there IMHO.

P.S. By the way, the bulls are still very strong. Very reluctant to go down. I think we will go up well afterwards.

 
For TA apologists: draw the trend line from min 29.06.2010 to max 24.02.2012 and see what that line did. It reversed the trend, then rebounded for 11 days and almost 300 pips... Conclusions are up to you, I am still learning myself.
 
yurchenko:
1.3440 buy!

..and a picture is possible...
 
Nesradamus:
For TA apologists: draw the trend line from min 29.06.2010 to max 24.02.2012 and see what that line did. It reversed the trend, then rebounded for 11 days and almost 300 pips... You draw your own conclusions, I am still learning myself.


i wonder why exactly from 29.06.10 ? it makes more sense from 06.06.10

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