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It is currently Wed Sep 08, 2010 8:55 am
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gato.chan
Moderator
Joined: Sun Dec 21, 2008 4:03 pm Posts: 822
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 Dollar
UUP failed a double top / 4 month resistance break through today. $USD did better, breaking above the double top but closing below the resistance line. A solid break above this resistance looks to be pointing to ~24 and will confirm the trend change.
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 5:27 pm |
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MarkyMark
Site Admin
Joined: Sun Dec 21, 2008 10:46 am Posts: 2290 Location: Brantford, Ontario, Canada
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 Re: Dollar
I was surprised it was flat today, but didn't look at any charts, that explains why it (at the least) paused here.
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 7:58 pm |
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MarkyMark
Site Admin
Joined: Sun Dec 21, 2008 10:46 am Posts: 2290 Location: Brantford, Ontario, Canada
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 Re: Dollar
Although..it does seem to be behaving according to fib. levels as discussed here viewtopic.php?p=12910#p12910And according to my charts it's hanging out above $23.09, for now. Consolidating for a move up? That's my hunch
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 8:04 pm |
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gato.chan
Moderator
Joined: Sun Dec 21, 2008 4:03 pm Posts: 822
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 Re: Dollar
Very nice looking Fibs. That could be in a book on fib extensions
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 8:29 pm |
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MarkyMark
Site Admin
Joined: Sun Dec 21, 2008 10:46 am Posts: 2290 Location: Brantford, Ontario, Canada
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 Re: Dollar
yeah it predicted the low to within about 0.04. Although I had a hunch it was going to bounce at 127%. Instead it gapped below, leading me to bet on 22.01. Not sure why currency seems to behave so much better than stocks. In theory, other than a quick dip below $23.09, next stop up should be $23.93. That's only about $0.03 down compared to potential $0.81 up.
EUR/USD is spiking higher at the moment though so we'll see...but I show UUP was up t 23.21 AH so I don't really know.
edit: woops I forgot to crop the picture. Now you know my dirty secret. I used windows 7 with a laptop.
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 8:52 pm |
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gato.chan
Moderator
Joined: Sun Dec 21, 2008 4:03 pm Posts: 822
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 Re: Dollar
And you have some pending windows updates 
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 9:03 pm |
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MarkyMark
Site Admin
Joined: Sun Dec 21, 2008 10:46 am Posts: 2290 Location: Brantford, Ontario, Canada
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 Re: Dollar
yeah well I'm in no hurry to do that if you know what I mean *wink*, although I did update my desktop computer without any troubles. Let's just say I don't really add much to Microsofts bottom line.
_________________ Disclaimer - My comments herein should not be construed as advice or a prognostication of future activity in the financial markets. My comments herein solely reflect a discussion of possibilities with other non-professional speculators.
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| Thu Jan 21, 2010 9:07 pm |
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