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CURRENCIES ALERT !!


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#1 SemiBizz

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Posted 14 January 2010 - 09:02 PM

ALERT

EURO PLUMMETING AGAINST MAJOR CURRENCIES

ON HUGE VOLUME !!!


http://www.dukascopy.com/
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#2 spielchekr

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Posted 14 January 2010 - 09:28 PM

Sounds like Chancellor Merkel may resign.

#3 Will

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Posted 14 January 2010 - 10:16 PM

ALERT

EURO PLUMMETING AGAINST MAJOR CURRENCIES

ON HUGE VOLUME !!!


http://www.dukascopy.com/


Down a whole 0.55%. Get a hold of yourself man! :)

#4 thespookyone

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Posted 14 January 2010 - 10:32 PM

Will-kind of a ton in 3 hours.

#5 Will

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Posted 14 January 2010 - 11:11 PM

Will-kind of a ton in 3 hours.


Lower indicator is 3 hour move. These 100 pt moves are pretty common. Futures volume was unremarkable.

EUR_01.PNG

#6 goldswinger

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Posted 14 January 2010 - 11:37 PM

ALERT

EURO PLUMMETING AGAINST MAJOR CURRENCIES

ON HUGE VOLUME !!!


http://www.dukascopy.com/


Down a whole 0.55%. Get a hold of yourself man! :)



The significance is that it is the beginnning of wave C down after its ABC up.

http://quotes.ino.co...REX_EURUSD&v=d3

GS.

#7 SemiBizz

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Posted 15 January 2010 - 12:04 AM

Here is where the rubber meets the road... it's Euro/Yen, not Euro/$
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 *JB*

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Posted 15 January 2010 - 01:46 AM

Here is where the rubber meets the road... it's Euro/Yen, not Euro/$


Also against the British pound.

Euro suffering due to financial crisis in Greece (along with problems in Portugal and Ireland)

From WSJ --

Greece's fiscal problems, along with those of Portugal and Ireland, have also given rise to speculation that the 16-member euro zone could be headed for break up, or at least a winnowing-out. Fears of Greek default have sent its bond spreads up to 2.77 percentage points above German government bonds—unprecedented for any country since the euro was established 11 years ago. In Germany, Chancellor Angela Merkel predicted "difficult years ahead" for the single currency.
Wallstreet Journal
==================================================

"A one-size fits all monetary policy doesn't give the member countries the flexibility needed to stimulate their economies.
The European Central Bank's mandate is inflation targeting, not growth. A premature exit from easy money policies could drive weaker European countries further into recession.

Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
Milton Freedman -- 1999

Edited by *JB*, 15 January 2010 - 01:54 AM.

"Don't think...LOOK!"
Carl Swenlin, founder of Decision Point and original Fearless Forecasters board.

#9 SemiBizz

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Posted 15 January 2010 - 02:55 PM

EUR/$ trading at WEEK'S LOW Here... See, I knew what I was talking about...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#10 SemiBizz

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Posted 15 January 2010 - 03:24 PM

Eur/GBP Low of the year today. Eur/JPY Low of the week today.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics