[Archive] FOREX - Trends, Forecasts and Consequences (Episode 15: May 2012) - page 182

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herzogtier:
You can't sell 'on the floor'. And you can't buy either.
 

bedtime story...

 
Vizard:

Note: the price did not reach the previous low. Why?
 
DmitriyN:
Note: the price did not reach the previous low. Why?
Because it's not yet evening. But the stops are standing. Time for bed
 
May 25 /Dow Jones/. The euro/US dollar pair is likely to remain under pressure ahead of the long weekend, says HiFX senior trader Stuart Ive. The US market is closed on Monday for Memorial Day. He expects support to be located at 1.2510 and resistance at 1.2600. The pair is trading at 1.2541 in the New Zealand session.
 
DmitriyN:
Note: The price did not reach the previous low. Why?


The low on the index has been updated and now we are seeing a slight pullback

But to buy on Euro I would suggest to look for other pairs

 
M_Dimens:


The low on the index has been updated and now we are seeing a slight pullback

But to buy on the Euro I would advise to look for other pairs


I see from the indices it's time to think about buying pound/dollar?
 
Serg51:

I see on the indexes it is time to think about buying the pound/dollar?


Pound is not very active at the moment, watch the orange line

build channels by indices and watch when it will break or ricochet, preferably simultaneously

on both indices at the same time.

 
M_Dimens:


For the pound, watch the orange line for low activity.

build channels by indices and watch when it will break or ricochet, preferably simultaneously

two indices at the same time.


I understand. Can you show the yen and Aussie indices?
 
Serg51:

I understand. Can you show me the yen and aussie indices?


AUD I only have the old index, the new indexes I've been working on

adding more SGD CAD tools

I'll probably finish this weekend but now I have to go.

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