Eur/USD

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Quote from spoofy:

1.2808 i think things are oversold.. im still buying.
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I would say it over bought

It has only just started it's down move. there is a long way to go. I am short from 1,2887 target 1,2670 to 1,2700.
 
this is a quote......

"Techincally, much also looks in the dollar's favor. Today's candle formed a bearish engulfing pattern, a fairly reliable reversal signal. MACD histogram looks set to complete its second negatively sloping bar. RSI just crossed through 70. Boris noted that the SSI ratio just flipped. USD Index hit a significant low at 83.70 and bounced like a rock. On top of all that, we have confirmation from nearly every single major. Buy USD (for a brief while - no more than a few weeks until everyone starts hating USD again)."
 
Quote from bali_survivor:

I do not think you guys know how to recognise a trend or how to recognise when a trend is about to end.

Maria
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Do tell us then, misss know it all:p
 
Quote from bali_survivor:

I do not think you guys know how to recognise a trend or how to recognise when a trend is about to end.

Maria
More...



how many time periods in the same direction increase the odds that the next similar time period will be in the same direction?

this is a "trend" no? please quantify.


thanks,

surfer
 
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