Here are a couple of videos from Bloomberg 21st November 2008.... Jeremy Stretch - Rabobank Part 1 <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/KD9ISCK3RAs&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/KD9ISCK3RAs&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object> Part 2 <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/CjGVlI7yaxs&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/CjGVlI7yaxs&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
But not before at least a partial retracement of this last 25c move eh, maybe up towards the 1.38 area? How you doing with Eur/Aud lately, all I see is a flat line Mind you, nearly every 15m bar has been >70 pips!
That's the 100 pip wiggle I keep talking about! I'm looking for a possible run back down, but I won't be home to babysit it. Earlier this a.m. there was a run upside, didn't take that either. Got an idea for a signal service, call it "All Calls, No Balls" Haaaaaa! Otherwise, a good week. Up 198 pips. Yourself? http://i37.tinypic.com/m7xgra.jpg[/IMG]
LOL, and they'd probably buy it with a name like that! Well you had a nice week, me I kinda gave up after all the Oanda crap and couldn't really get back into the swing of things. Forex, it's a funny old game
David, Yeah it was a nice turn south last night right after I looked at it. But I didnt take it as you right the stop would have been atleast 100 pips I was convincing myself it culd have been 200 pips or so according to the chart I was looking at but anyways, good trading to you. Maybe sometime I will trade what I think in it and join ya!
All hindsight is genius! I do see it rolling again south for awhile, If it breaks below 2.0200 maybe? Had a good uptrend and it retraced over half of the recent downward move, if you believe that stuff.
I am not sold on fibs but I was just looking at anything that might give me a clue, actually I was watchin it last night come down I thinking it would need to break the 2.00 level to continue lower but it never did. I am trading this pair on the demo. Its a 10 pip fixed spread on gft, not sure the normal spread becuase on my tradestation account it seems to be almost 21 pips
Also from yesterday it seems it moves th opposite the equities markets but not yet today so we shall see