Exchanges
Registered: Mar 2006
Posts: 235 |
03-17-06 10:52 PM
Quote from jerry11901:
Up and up...
Jerry, please don't take this wrong or misinterpret my wording or intentions here as dissing you in any way, as, with all due respect there are zillions of different ways to view, see and interpret forex moves, but...
How can you possibly say, "Up and up" based on that trend line, when, just prior to your trend line connecting 1.2600s in Sept. 2005 with Nov. @ 1.2200s pointing to the recent move, it is clearly seen that had the same type trend line measurement/indicator been used back a little ways in the beginning of 2005 @ 1.3665 connecting to 1.3500s a few months later, the DROP is so significant it's appalling, and is NOT an "up and up" scenario, though the type trend line you have would have indicated differently had you drawn it then?
Any clarifying of your reasoning here would be appreciated because, at face value, it's just ludicrous (no offense).
Am I missing anything?
Best regards,
Ex
Jerry's chart
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