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Old 02-02-2007, 05:55   #37
Trader02
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Re: EURUSD long term analysis

Quote:
Originally Posted by sdotwewen
cesar, trader02, may be you are right.


sdotwewen, thank you for tolerating my brash methods. You're doing a fine job; keep it up. I like your style and read your thread when I can.

Just one analogy before I depart: Remember the movie, Force 10 from Navarone? .... it took ages for the bridge to explode after the explosives were meticulously placed.

First, a deep shattering sound from within the bowels of the bridge. Not a single guard knew what that was nor did anybody have an inkling of what was to come = a wide ranging down bar on 1H. The alert trader puts on his boots and waits for further confirmation. But the outside world is oblivious to what's yet to come.

Then internal cracks in the concrete start to show and water seepage causes consternation and puts internal, clueless technicians on scratch-my-head alert = 200-pd MA taken out on 1H.

and so on ....

it takes a heck of alot of this kind of stuff for the MONTHLY to even register something is amiss.

Regards
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