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Euro-dollar.....what it says


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#1 andr99

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Posted 26 July 2011 - 02:13 AM

here is a link to an italian site posting in its first page a couple of interesting charts about the euro-dollar ratio. As you can see the euro is going to go down and the dollar up which is bearish for stocks if the forecasted direction is right. They say they use mathematical algorythms associated to cyclical analysis to obtain these charts...........

http://www.elliottga...g.blogspot.com/

forever and only a V-E-N-E-T-K-E-N - langbard


#2 totterdell91

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Posted 26 July 2011 - 04:48 AM

This sort of thing always gives me a good chuckle

these are some charts I did for some friends last night (Philippines time, were I am at the moment)

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This is todays chart, I made good money, as I will off the back test, when I go long again. I might get stopped out, but the chart does not tell fibs, if she blows thru 1.45 its a long till its not, you take the money when its on offer, and then you look for the next trade

Of course I may trade on a shorter timescale than the elliot people. Its coz I like to eat this week

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muhahahaha!

#3 andr99

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Posted 26 July 2011 - 05:03 AM

This sort of thing always gives me a good chuckle
muhahahaha!



good luck with your chuckle, then, as the other site's projections seem to work very well. Sometimes, if you don' t make money, also having good chukles may be satisfactory

forever and only a V-E-N-E-T-K-E-N - langbard


#4 totterdell91

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Posted 27 July 2011 - 12:21 AM

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