One more
One more remark to consider in your trading the coming week. More and more governments start to complain about the levels of there currencies. The US consumers are now forced to buy from american companies because imports are getting to expensive. Intervention sounds are coming from...
Gbpusd
The gbpusd is difficult to read. Both RSI and MACD are ready to go for higher levels but Stochastic looks tired. The close below the previous top and the 61,8% Fibo are also signs of weakness. Whatever happens I think at these levels for the three pairs I discribed its breakout or bust...
Posible change in direction
Maybe the charts are a bit overdone but the chart of oil I got from a trading friend does support this analysis. Notice the divergence in MACD compared with the price action. BTW THX Gamma you are man of the heart. It seems to be difficult for some people to get a...
Usdchf
Everybody is talking the dollar down but it is comon when one sheep goes the rest follows. But I think a look at this monthly chart shows you things that will make you think twice.
P.S. I think its better you guys get back to trading instead of keeping these old woman chats alive.
Eurusd
The RSI indicator shows bearish divergence and Stochastic is highly overbought. Also a doji candle indicates there is hesitation to go higher. The 61,8 fibo level is another strong barrier and to remove that one there is more force needed.
What is going on here.
Hi all I was in Bear country hunting for BB=Ben Bubble=Ben Bernanke but the clever guy is very slippery. But let him run wild for a while time enough to chase the creep.
I started to do some reading here and quickly stopped because it makes me sad and bear drops are...
Bb
Lost all of my money fighting BB and that caused a lot of stress. My only resource was trading the family members and that worked out well. BB can get ready for another fight. LOL
Hope you are doing great,
Erik
Usdchf
The indicators are buiding some bullish divergence. Its slow but steady. Another bullish factor is that the SNB (suisse national bank) has been on the wires for some time they will intervene when the CHF goes to high. In particular for the EURCHF. This is for the market always a sign to...
The Bear is back
Hi Guys
Hahaha You all thought the Bear has left the area!!! Hell no, the fun just gets started.
It’s amazing how high the Dow has gone up and it might even go higher with BB=Ben Bubble=Ben Bernanke reelected. Now he can pull even more money out of the sky to help his fellow...
I love this one I realy do but I think I am one of the few. The rest is sweatting on the floor untill you call aloud fire.
Its like a vulcano, everybody knows it will blow but still they love the fantasy Island.
Erik
Trying to stay a Bear