Comments on: European opening… always works

By: David Aranzabal

David Aranzabal — Mon, 20 Jul 2009 08:51:38 +0000

Hi Swana,

Yes sometimes it’s better go with the flow. If we see the market is going down, let’s surf… You know at this time of the day you may find the opposite direction you are expecting on the long time frame, just for reversing after some hours…

By: David Aranzabal

David Aranzabal — Mon, 20 Jul 2009 08:14:52 +0000

Hi Ted,

Thanks for your information.
Keep posting!!

By: ted Wood

ted Wood — Mon, 20 Jul 2009 01:18:16 +0000

The Pre-Fall of the ECB

The French Government came out complaining about the ECB comment by Mr Trichet. about the debt that of the ECB member nations. Specifically France has a debt of 86% of there GDP. I got this from Boris of GFTs article 6 days ago..

When I was in Finance class my instructor said that 33% was the limit.

Mr. Trichet. has a problem. France is ECB nation that is one of the best when it , ome to debt.

It is Sunday evening, Pacific time, and the EUR is up. But it is early.

Ted Wood

By: Swana

Swana — Fri, 17 Jul 2009 14:32:51 +0000

Yes, David,

this long second Doji candle was at 8.05 a.m. Madrid time,
but I have missed it. I have thought today is uptrend. It is like moon walking - goes up, but actually down.
But after NewYork open at 16 o´clock the prise gas sparked up to 61,8 fibs below from that second long Doji, at the same time this is monthly pivot 1.6335.
I think it is another step of confirmation that GBP/USD is baerish since 15 July.