Sell Eur/Usd

[Speculator]

Sorry for the deletions but this script was misbehaving.
Yeah, the technicals...! I mentioned some last week. Here's a picture.
Not exactly unpredictable top I'd say... It's just that happened while many people had their fingers greased with stuffed turkey.
An interesting close... Right on the trendline... Leaving choice perhaps?
I'd prefer a gap I guess but unfortunately it's not me who decides...
Long time no see Currencia. Can't say I spend much time on the forums lately but I've been checking for posts of old timers once in a blue moon...
You might be right about the future of the american worker but same is eventually true for the european worker, too. And they like work even less. So far only the "protectionism" saves them somewhat from what americans are facing nowadays.
We'll live(hopefully) we'll see...

[Noor]

Hello Iris,, Everyone...

Spec... Could you give some links that provides a good read on the Mom and pop positioning. It would be much appreciated.

Wish you all health and prosperity going into the new year.

[Speculator]

Originally Posted by Noor

Spec... Could you give some links that provides a good read on the Mom and pop positioning. It would be much appreciated.

http://fxlabs.oanda.com/cgi/fxlabs.pl

There's a lot of new good tools there. It only represents their customers' positions but it's a pretty good view of what retail customers and smaller money managers are doing.

[Iris]

Hello Everyone........

It's Great to see the writings of my old Friends Currencia, Speculator, Noor, Yardbird, Bear, Poppola as well as Phillip ...along with many too numerous to mention who have contributed and are active readers of this ongoing Market Chronology and Positioning of over 4 years ... as I and others appreciate the open discourse of constructive Ideas that Everyone brings to this forum @ MoneyTec... so if I may summarize my overall Ideas and content backed by my trading mindset in this thread it leads to a simple yet complex proposition dependant upon the Individuals own Market knowledge... so here's some IRIS FX intellectual capital and treatise looking forward into 2008 and beyond for those so inclined...as there are many who view this Journal thruout the year that actively pursue the Time<>Price dynamic of the Market thru the application of advanced charting and research data ...and were still growing.

I have endeavored to take the Fundamental and Technical underpinnings in the FX Market and calibrate Net Majority Positioning thru what I term ...Sub-Wave Numerics...within a Curvo-Linear Matrix...that provides Entry Zones for Optimal Positioning in the Market.

The nucleus is a Fundamental/Technical model on Positioning that observes well below...and ahead... of the Market's current directional move... thereby Positioning for Optimal Entry into the NOW Zone or Real Time ... for in science we know that each fundamental differentiation of a mathmatical system can be observed and calculated thru ...and to... its Quantum size and weight, or measure...whatever the scale...thereby very apllicable to the Time<>Price structure of the Market.

By formulating Market Positioning from this perspective...Geometric-Curvo-Linear Wave properties in Positioning can be calibrated thru Economic Time Fundamentals that equate into Technical Price Zones from a Curvo-Linear aspect that provides Optimal Entry Zones by.......

Timing the Wave of Positioning.

You Always Enter Now...and Exit Now...as Now is the only Time that truly and continually Exists...therefore the Now Zone is pivotal to all successful Entry/Exit outcomes by... Timing the Wave...of the Markets next directional move thru each succesive NOW.

Time Fundamentals of Monetary/Economic/Political data synthesized thru a Technical Price Matrix of a Sub-Wave Numeric grid within a Curvo-Linear architecture...into the NOW Zone.

Thus having Monetary Policy and Market Psychology differentiated into Empirical numeric data...over Time ... into Price...ahead of the Market ...or Time + Price = NOW.

The Best in FX Trading is ahead of us my Friends...by continually elevating our knowledge and apllying known Principles into changing Market environments... where I will pursue Positioning within Sub-Wave Numerics... and where I believe Market Research and Positioning will be leading us into the 21st Century of Trading as FX continues to grow in leaps and bounds.

The writings and charts in this Market Journal @ MoneyTec have been a testament of the above and is oriented to advanced cutting edge strategies that profit the Individual materially as well as intellectually by applying known Fundamental Principles to the Market ... the Journey continues my Friends... and Seasons Greetings to All of You as we prepare for a New Year in 2008 Trading FX.

And Yes the Best is still to unfold for us All...

as I wish the Best Personally to All of You around the World in 2008.

IRIS FX

irisfx@aol.com
iris-fx.blogspot.com

[pqt]

Originally Posted by Iris

Hello Everyone........

It's Great to see the writings of my old Friends Currencia, Speculator, Noor, Yardbird, Bear, Poppola as well as Phillip ...along with many too numerous to mention who have contributed and are active readers of this ongoing Market Chronology and Positioning of over 4 years ... as I and others appreciate the open discourse of constructive Ideas that Everyone brings to this forum @ MoneyTec... so if I may summarize my overall Ideas and content backed by my trading mindset in this thread it leads to a simple yet complex proposition dependant upon the Individuals own Market knowledge... so here's some IRIS FX intellectual capital and treatise looking forward into 2008 and beyond for those so inclined...as there are many who view this Journal thruout the year that actively pursue the Time<>Price dynamic of the Market thru the application of advanced charting and research data ...and were still growing.

I have endeavored to take the Fundamental and Technical underpinnings in the FX Market and calibrate Net Majority Positioning thru what I term ...Sub-Wave Numerics...within a Curvo-Linear Matrix...that provides Entry Zones for Optimal Positioning in the Market.

The nucleus is a Fundamental/Technical model on Positioning that observes well below...and ahead... of the Market's current directional move... thereby Positioning for Optimal Entry into the NOW Zone or Real Time ... for in science we know that each fundamental differentiation of a mathmatical system can be observed and calculated thru ...and to... its Quantum size and weight, or measure...whatever the scale...thereby very apllicable to the Time<>Price structure of the Market.

By formulating Market Positioning from this perspective...Geometric-Curvo-Linear Wave properties in Positioning can be calibrated thru Economic Time Fundamentals that equate into Technical Price Zones from a Curvo-Linear aspect that provides Optimal Entry Zones by.......

Timing the Wave of Positioning.

You Always Enter Now...and Exit Now...as Now is the only Time that truly and continually Exists...therefore the Now Zone is pivotal to all successful Entry/Exit outcomes by... Timing the Wave...of the Markets next directional move thru each succesive NOW.

Time Fundamentals of Monetary/Economic/Political data synthesized thru a Technical Price Matrix of a Sub-Wave Numeric grid within a Curvo-Linear architecture...into the NOW Zone.

Thus having Monetary Policy and Market Psychology differentiated into Empirical numeric data...over Time ... into Price...ahead of the Market ...or Time + Price = NOW.

The Best in FX Trading is ahead of us my Friends...by continually elevating our knowledge and apllying known Principles into changing Market environments... where I will pursue Positioning within Sub-Wave Numerics... and where I believe Market Research and Positioning will be leading us into the 21st Century of Trading as FX continues to grow in leaps and bounds.

The writings and charts in this Market Journal @ MoneyTec have been a testament of the above and is oriented to advanced cutting edge strategies that profit the Individual materially as well as intellectually by applying known Fundamental Principles to the Market ... the Journey continues my Friends... and Seasons Greetings to All of You as we prepare for a New Year in 2008 Trading FX.

And Yes the Best is still to unfold for us All...

as I wish the Best Personally to All of You around the World in 2008.

IRIS FX

Umm...yeah..I think that's exactly my point too!...

Glad to see you are still in top shape Iris!

[Speculator]

Iris, you certainly confused many people with that writing. Seasons greeting to you and all.
Here's a thought.
Friday, December 14, 2007:
Equilibrium of time Feb 1, 2002 Low (lowest low since EUR was for real) and Dec 30, 2004(1.3665 high).
As well, physically settled currency options and currency futures expiration date. According to GMT it’s already Friday... A good day to "Get your motor running".
.... Or perhaps stay away if one is afraid of volatility...
Watch 1.4635-40 the top of the old large channel which we closed under yesterday ...today ...for some

[Speculator]

Hope most of you enjoyed the ride. Longs were kind of defenseless - that includes most of retail customers that kept buying on the way down.



What's interesting though is that there's a bunch of hardcore EUR bulls that bought EUR at around 1.49 and still stick to those positions?!? That's -500pips



There's a bunch of buyers at 1.4420 which is the bottom of the channel from July. Lets see if those will hold?

Greetings...

[Speculator]

Here's the current state of affairs. Congestions of support or resistance lines especially crosses, get usually broken. Those are like sweet spot for large sharks. Lets watch the cross. Euro may gap there if it closes at its extreme today.