Near Term Short to Neutral Long term Bullish Thanks for the ideas
Trying again to post. Sorry about all the marking up of 99Nine's chart. Short term neutral to bearish, Long term bullish. Thanks for the post and making me think hard.
I hope you don't mind my charting out loud. Your idea is valid and ultimately I see the same end especially if the Bernake's QE forever is continued. But on the other hand the market is getting tired of the Fed's maybe/maybe not game. I commend you, but I only question the divergence line. Thanks for posting so many ideas!
Resistance often becomes support, just as it has in the very recent past. If EUR/USD is at 1.3200 at NY open I expect a long attempt. How much how far? Toward 1.3300.
ABC Breakout and Bounce Higher Extreme Long term chart I'm Just Sayin
$EURUSD has been above $1.30 more than below 1.30. What are the odds of it going to $1.40 before it goes to $1.20? My idea is that it will go to $1.40 before it falls off the cliff and the world ends below $1.20. I don't really care which, but I have to have a bias. Do you have a bias? Do you have a site to entice unsuspecting newbie traders? Not me. I am a secret...