EurUsd - God's instrument

[alan5616]

See coil on DAILY - self-evident. See obvious trendline forming topside of the coil = triangle.

I continue to remain on sidelines.

A good place to be. You can sit on your hands whilst watching delusional bankers, at the ECB, see their ill conceived currency collapse like a house of cards.

 

[deadbroke]

A closer look at the close inverse, the Dollar Index. Naturally I think the Dollar Index will continue higher after this correction completes.

Where is a likely reversal going to occur on the Daily timeframe?

I believe at the confluence of the lines shown and the green line which is the 200-day moving average.

Perfect hit at 423.6% is yet another example of GOD's work in his instrument, EurUsd but with a twist, for this one he took $ versus the rest of the world.

And what were they saying about the dollar EVERYWHERE only a few months ago? They said unanimously that he was a reprobate and that he would die and become worthless paper. And the FUNDAMENTALISTS were saying that with all the debt and shenanigans going on in the world of finance, the dollar would be toast, akin to toilet paper.

Deadbroke laffed so hard at this silliness.

Now they are saying the euro is toast and dead or soon to die.

Deadbroke continues to laff at such silliness.

Euro death only equals Deutsche Mark rebirth.

But God's instrument cannot be unmocked - it will continue.

And if/when the dollar becomes toast, who will take its place? I look around at the other clowns like Sterling and of course I laffffff so hard.

 

[deadbroke]

A closer look at the close inverse, the Dollar Index. Naturally I think the Dollar Index will continue higher after this correction completes.

Where is a likely reversal going to occur on the Daily timeframe?

I believe at the confluence of the lines shown and the green line which is the 200-day moving average.

Perfect hit at 423.6% is yet another example of GOD's work in his instrument, EurUsd but with a twist, for this one he took $ versus the rest of the world.

And what were they saying about the dollar EVERYWHERE only a few months ago? They said unanimously that he was a reprobate and that he would die and become worthless paper. And the FUNDAMENTALISTS were saying that with all the debt and shenanigans going on in the world of finance, the dollar would be toast, akin to toilet paper.

Deadbroke laffed so hard at this silliness.

Now they are saying the euro is toast and dead or soon to die.

Deadbroke continues to laff at such silliness.

Euro death only equals Deutsche Mark rebirth.

But God's instrument cannot be unmocked - it will continue.

And if/when the dollar becomes toast, who will take its place? I look around at the other clowns like Sterling and of course I laffffff so hard.

chart is here

 

[deadbroke]

Last update on Euro till April 6 (vacation)

All leveraged SHORTS will be closed = TP on 4H EurUsd reversal as soon as it occurs. Very likely also the DAily core shorts will be closed for the following reason - see chart to fully understand why.

Wave 2 up from the Jan 13 low is likely to have a 3-wave upmove. Therefore the most bullish part of this upwave is yet to come. And this upwave could reach well into the rectangular target box I have drawn on chart. A high odds target will be the previous 4th wave as depicted by the horizontal dashed line at the same height as the box.

After that completes it will be time to reinstate all core daily shorts and start some huge leveraged shorts because the next wave down thereafter is WAVE 3, a brutally persistent and looooong wave.

See the chart on this March 14 post. Now almost 2 months later, reiterated. Chart will be updated later. The move into the rectangular box is still suspected.

Sidelines continue

 

[montmorencyt2w]

Deadbroke laffed so hard at this silliness.

Now they are saying the euro is toast and dead or soon to die.

Deadbroke continues to laff at such silliness.

Euro death only equals Deutsche Mark rebirth.

But God's instrument cannot be unmocked - it will continue.

And if/when the dollar becomes toast, who will take its place? I look around at the other clowns like Sterling and of course I laffffff so hard.

Keep on like this mate, and you will be approaching Socrates' special place in T2W's special Pseud's Corner

 

[deadbroke]

Adios guys

Moderator, please close the thread.

 

[YES]

The EURUSD has enterted into an asymmetrical triangle. This should, technically give a direction for future price depending on what side of the triangle price breaks out from.

 

[alan5616]

The EURUSD has enterted into an asymmetrical triangle. This should, technically give a direction for future price depending on what side of the triangle price breaks out from.

It could be symmetrical/asymmetrical, oblong, circular etc. Getting involved, at all, with any EUR pair, at present, is equivalent to playing red or black on the roulette table. The only difference is that you have a better chance of making money playing the roulette wheel

 

[ChocolateDigestive]

It could be symmetrical/asymmetrical, oblong, circular etc. Getting involved, at all, with any EUR pair, at present, is equivalent to playing red or black on the roulette table. The only difference is that you have a better chance of making money playing the roulette wheel

Yep the euro is coiling itself up like cobra getting ready for the greek weekend.

 

[alan5616]

Yep the euro is coiling itself up like cobra getting ready for the greek weekend.

I forgot to add that, when playing roulette, the casino operator doesn't take £25, out of your £250 bet, because either the ball, the roulette wheel, the croupier, the drinks waitress or another player slipped during your bet!!!!!!!!

 

[deadbroke]

A closer look at the close inverse, the Dollar Index. Naturally I think the Dollar Index will continue higher after this correction completes.

Where is a likely reversal going to occur on the Daily timeframe?

I believe at the confluence of the lines shown and the green line which is the 200-day moving average.

Dollar Index reversal CALL likelihood posted here a few posts above this one on May 1 - see same chart updated now ....... the support lines shown were strong enough to cause the reversal.

Reversal occurred on the very same day of the CALL, i.e. May 1

 

[deadbroke]

Next CALL: June 14th 2012



Current downmove of Dollar Index will reverse thusly .......

 

[deadbroke]

Next CALL: June 14th 2012



Current downmove of Dollar Index will reverse thusly .......

Dollar Index reversal CALL with likely springboards. Will take the one at 38.2% first, if that fails then we try for the 50% board. That's the best I can do given the current data.

 

[alan5616]

All you people who are, even, thinking about trading EU, should go on holiday. Either that or get some large bottles of something strong and alcoholic. Every time you get tempted to place a trade, take your finger off the mouse and pour yourself another shot of your favourite tipple.

It's better to live in an alcoholic haze, than trade a currency which is on the point of collapse!!!

 

[deadbroke]

Keep on like this mate, and you will be approaching Socrates' special place in T2W's special Pseud's Corner

At least Socrates was well liked. I on the other hand have taken it to a whole different level. If there is even ONE individual who likes me at T2W it will be the 8th wonder of the world - or are we at 9 already given that NOBODY at T2W ever loses in their trading accounts?

The only one who loves me is the one below - that's why I don't give a rat's ass about anyone else. :whistling

 

[deadbroke]

All you people who are, even, thinking about trading EU, should go on holiday. Either that or get some large bottles of something strong and alcoholic. Every time you get tempted to place a trade, take your finger off the mouse and pour yourself another shot of your favourite tipple.

It's better to live in an alcoholic haze, than trade a currency which is on the point of collapse!!!

Nothing personal, Sir, but spoken like a true crowd member - hast thou forgotten the basics of ESCAPE FROM THE CLUTCHES OF THE HERD aka STUPIDITY?

When there's blood in the streets, BUY BUY BUY. Even that loud mouth Warren Buffet preaches this. It works but get this clown into a bar and the only way he can get pussy is to buy it - deady gets it for naught.

 

[deadbroke]

The greatest trading instrument of ALL time is going to collapse because of what's going on in Europe, hahahahahahahaha

Deady laffs so hard it hurts.

 

[alan5616]

The greatest trading instrument of ALL time is going to collapse because of what's going on in Europe, hahahahahahahaha

Deady laffs so hard it hurts.

Did you get the faintest idea that I was talking about the US$? I thought that I was perfectly clear in which currency I was referring to, as being on the point of collapse.

 

[deadbroke]

Did you get the faintest idea that I was talking about the US$? I thought that I was perfectly clear in which currency I was referring to, as being on the point of collapse.

No chief, I noo you were talking about the Euro.

The Euro is the Deutsche Mark, who gives a rat's ass if they change the name back to the original - its still going to be

EurUsd = DEM

And DEM has the HISTORY from the 1940s on up, EurUsd only from 1998 and thanks to Alpari they extrapolated and gave us 1989 to current for DurUsd.

Give me back my DEM, Lord - I will never sin again.

 

[alan5616]

No chief, I noo you were talking about the Euro.

The Euro is the Deutsche Mark, who gives a rat's ass if they change the name back to the original - its still going to be

EurUsd = DEM

And DEM has the HISTORY from the 1940s on up, EurUsd only from 1998 and thanks to Alpari they extrapolated and gave us 1989 to current for DurUsd.

Give me back my DEM, Lord - I will never sin again.

On a technical point, the Deutsche Mark was the DM; not the DEM.

Regardless of that, I would have expected the Euro to get a huge boost, after yesterday's Greek election results. That didn't happen so, it seems that the markets are still worried as to what other "black swan" type revelation is going to hit the Euro next.