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Hi Peat
Good to hear things are going better for you.
Yes its very quite here and with only 4 main posters
it does become slow sometimes.
I'm posting a bit on khalsapad-dot-com because its
simple to post charts, and there are some knowledgable
posters especially Elliot Wave.
Have a look and see what you think.
Xerof is also a member, although he hasnt posted
much lately.
By the way, I enjoy the fundamental info you are
posting from the Danes
regards
arco
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Yes I can recommend Khalsas pad - the old names from Tactical Trader all post there. I haven't posted at all there myself - feel slightly out of my depth, such is the excellent quality of the likes of Arco, GWGann, tpbeaumont to name a few.
I have been away from the boards this week - my daughter was diagnosed with type 1 diabetes last Sunday, so have spent 90% of this week in the paediatric ward at the hospital, with only the briefest of looks at the markets.
Anyway will be back into it by the middle of next week - hope some-one managed to make something out of my charts late last week
Xerof
BTW Peat, Max has indeed had an excellent run lately, and also pleased to see its been beneficial for you after a scratchy start
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Hi Xerof
I'm very sorry to hear about your daughters problem, because I realise its sudden onset can be quite worrying. However, dont despair, my wifes grandmother has had diabeties from age 34 - she is now 94.
I'm sure your posts on Khalsa would be well accepted, you being a member of the 'A' (Butterfly) team.
arco
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yeh sorry to hear about your daughter Xerof - I hope things get better
Danish daily is just seeing a pause at this stage :
Well - the last couple of trading days market participants have
had to muster an impressive amount of patience when trying to
get to grips with the lacklustre EUR/USD. All of a sudden the
previous momentum has vanished into thin air leaving most of
the market in the blind as to the next move of the dollar. All in
all this dollar doldrums might turn out to be the best outcome
in the end. The lastest drop in EUR/USD was pretty fierceful
leading to a technically oversold cross, which is now in the
making of being corrected. As long as 118.15-30 continues to lay
a lid on further advances to the upside hopes are high that the
EUR/USD right now is doing nothing but pausing before the
next step lower will set in. Only a retreat to areas above 119.50
will abolish the pause and open up for another upside
correction. To the downside the latest bottom of 116.70 contains
further weakness and a break here will open up for the next
area of strong support around 115.90-116.00. The longer
EUR/USD stays trapped in the present deadlock the more likely
will a continued drop of the cross probably be. In that case we
should begin to foresee a drop expanding further than the
originally expected 116 area. I do, however, still intend to close
my sold tactical position at 116 and then place a trailing stop
order for my strategic position in order to make the most of a
continued slide. A slide that at best could take EUR/USD to
113.75 before another correction sets in. Hence bottomline right
now should be that USD is only pausing in the midst of its
remarkable uptrend against the EUR. An uptrend that will
expand further most likely well into the new year of 2006.
Recommendations :
Stick with your bought
dollar positions and
remember that cheap dollars
are attainable in NZD/USD
and USD/CAD.
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Cheers guys, she's doing just fine
A nice flag forming on the hourly chart EUR.USD for a further venture south? (perhaps after the usual short squeeze prior to London open...)
Xerof
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yeh y'day i managed to buy back at 1.1700 and go short again at 1740 and will hold again o'nite.
at some stage there will be a surprise tho... there generally is.
my long USD/Cad is hangin in there too
http://img468.imageshack.us/img468/6642/19m3mu.jpg
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Is that your granddaughter Peat:D:D
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its Jodie Foster from the movie Flightplan and I've now updated link to make that more obvious you smart ass Xerof ;)
She was born about a year after me in fact
http://imdb.com/title/tt0408790/
Yes its a bit random but thats how things go
looks like the downside break is asserting itself for Eur. [^]
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time to change direction ;)
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Hi All
Peat you mean like this
http://www.khalsaspad.com/files/eurgann111405_973.gif
Posted on Khalsa a few days ago.
Sorry about the bilious colour
GTA - arco