Head & shoulders or triple top?
the dark age of the US dollar
Started by
.Blizzard
, Apr 04 2007 01:16 PM
2 replies to this topic
#1
Posted 04 April 2007 - 01:16 PM
#2
Posted 04 April 2007 - 02:02 PM
Head & shoulders or triple top?
You are likely correct - another dark age. But the trades up in FXF, FXY are offsetting and should be looked at for all looking for undervalued currencies. On the Yen I like the December call at strike price of 90, and selling a Euro/Swiss future contract . I think the carry trades are going to unwind swiftly and profitably. Islander.
#3
Posted 04 April 2007 - 02:03 PM
[quote name='.Blizzard' date='Apr 4 2007, 01:16 PM' post='280897']
Head & shoulders or triple top?
...Descending Wedge..........
http://stockcharts.com/c-sc/sc?s=$USD&p=W&b=3&g=0&i=p87954770451&a=102772677&r=6057.png
Head & shoulders or triple top?
...Descending Wedge..........
http://stockcharts.com/c-sc/sc?s=$USD&p=W&b=3&g=0&i=p87954770451&a=102772677&r=6057.png