- Wedge Lines of Resistance and Support are based on Highs Lows and candle bodies highs and lows.
- Arrows are my ideas to the Resistance and Support lines.
- Purple Line is my prediction of price action.
- Green Circles are my possible buy zones.
Another idea to include with this is to watch correlation of EUR/USD for similar action.
I may have...
Mmm? Not Saying it will, but could it? Even if it reaches the Shoulder Line, or the Neck-Line; Enough people might try to trade it to make it a short term trade for a few days after next week. Until then I am looking for a long on the EURUSD.
The interest on the US Treasury just doesn't seem to be going up, yet. Does it need a rest? So when will it? Will the Fed keep it down and for how long? It's being used for currency manipulation of course even thought the US blames CN for doing that here we have proof of the US propping up stocks and suppressing interest rates. How long can they do this? Don't you...
Some possible support between 1.3400 & 1.3750 ? back towards 1.3800 and then sell it short again. Perhaps maybe. How do I get my "Reputation Score" up? Please give me a thumbs up when this chart works, and if you can tell that my past charts have worked. They're working for me. Thanks.
Is it unpatriotic to short your country's currency? Not if you are betting on Big Mac Prices to rise in CH Switzerland. Swiss to vote on #minimumwage to be raised to $25 an hour. online.wsj.com
That should move Switzerland back to the top of the Big-Mac-Index www.economist.com
Which means higher SwissFrancs and lower USD. LOL
Trading currency actually protects...
Sorry this is so simple, but if I make it anymore complicated the so-called pros trying to sell you something chime in and cry about how it's so cluttered. Perhaps they don't like me giving away all the state secrets. Phooey! Yeah, here you go, the more in on this the merrier. There are no laws against pumping up or pushing down a currency from our end. China is a...
HEY WE'RE GOING TO 1.40 LIKE IT OR NOT.
Sorry about my cluttered charts.
Here is a simple chart for more simple traders.
Really I am a simple trader. Why make it complicated?
I knew what that line was for.
I just use Higher Highs Lower Lows
& trend lines that reveal support and resistance zone.
May 15 breaks low through support trend lines
This is a follow up to another of my wildly perfect hits (19 days ago) on the EUR/USD. No one spills the beans like I do. I'll give away a little information on the Disingenuous Business Model used by biz developers at @StockTwits. Facebook sells your info while @StockTwits sells your trade ideas. #dataminers #badtraders Oooops! They can't do that I give my info...
Does anyone care that I say the EUR/USD will go higher? If if does will anyone care that I said it? NO!. This market is rigged, manipulated. Why are big financial managers and bankers being killed off. Oh it's not a conspiracy anymore. Make money by getting in the wake behind the criminals the government is doing nothing to stop.
Here are my EUR/USD Daily Chart, LONG ideas, based ON RSI, support & resistance with out any more explanation. Checkout my previous chart challenge of 1.40 before 1.20. It's about QE and more QE.
Ok that's it.
Yes this is a "Carry Trade"!
You can't tell me it's not and that I haven't been,
because I've been in this since October 15th, 2012.
Larger ABCD pattern used.
It can come back to zero for all I care because this one is earning a living just by its interest.
If price opens Gap Down below 1.3500
Looking for a short off of a rise back up to 1.3500 Then to down to 1.3400
Looking for a short off of 1.3450 or down to Strong support at 1.3400 area
Looking for a Long off of 1.3400 area of strong support.
"I'm just sayin."
Doesn't have to happen this way but if it does, I'm There!