The Euro has not traded down to 2004 prices based on the support level we had identified last week. We do not see this level holding as the economic data from Germany (Zew Economic Sentiment Index and Markit/Markit/BME Manufacturing PMI Flash) may not be enough to prop the currency back up and coupled with the ECB providing guidance to an economy that is already under duress, we are expecting the currency to trade down to the new support level we have identified this week, which coincides with the bull-run of 2003. Current short positions can be maintained and additional inventory can be added if the Euro trades back up to immediate resistance and fails to close above it.
This guy is a stealth vendor who sells his info on his website. However, times must be tough because he can't afford to buy an ad here.
Just curious, but are you the ET police now? That would be pretty funny considering the amount of times you were banned and re-banned. Let the guy post his thoughts. If he wants to try to sell something without going through the proper channels, then jump him. As for the Euro - Hussman had a pretty good write up on the franc, Euro and dollar this week.
Thank you. However, I am not selling anything, I am contributing on behalf of my trading group. I hope it can help. Thanks again.