Sell Eur/Usd

[weissdawg]

Hi Speculator,

I have always greatly enjoyed reading your posts.

Here is a line I have deemed important. The 2nd chart simply points out how price is very close (close enough) to entering back into a fork. These tend to be very good reversal points.

[bearprofits]

If we view this as a H&S, our 100% head to neckline target is around 4050.

I'd say the 50% retrace, conjunction old broken resistance line, 4150/75 area is a better one.

fwiw.

bear

[Iris]

Hello Everyone and Happy New Year........

The FED and BOE are on target to reduce rates upcoming with Pricing in of both underway as the USDollar bases and Range Positions for a Rally...with North advances in Euro and Cable Positioning for higher Optimal Sell Zones in both, therefore lets Buy Cable and Euro for a North advance into Optimal Positiong for a Sell Zone/South Reversal in both.

The ECB has hit 3.1% inflation with a growth modifying target of 2.00%...aka the Euro is over-appreciating with excessive inflation as rate increases attempt to stem the overheating Euro with another hike probable.

As the Market Positions accordingly and before the fact with the current Pricing in of the above underway as a Buy Zone in Cable Positions for better North Positioning of which a South Reversal/USDollar Rally will ensue... Let's Buy Cable 1st into our Sell Zone...

Cable Buy Zone @ 1.9675<>1.9710...

Target...Open.

IRIS FX

[dimmi]

Good to see you back Iris.

!!

[Iris]

Hello Dimmi...Everyone...

Dimmi...Its Good to be back my Friend...Thanks.

The FED and BOE are on target to reduce rates upcoming with Pricing in of both underway as the USDollar bases and Range Positions for a Rally...with North advances in Euro and Cable Positioning for higher Optimal Sell Zones in both, therefore lets Buy Cable and Euro for a North advance into Optimal Positiong for a Sell Zone/South Reversal in both.

The ECB has hit 3.1% inflation with a growth modifying target of 2.00%...aka the Euro is over-appreciating with excessive inflation as rate increases attempt to stem the overheating Euro with another hike probable.

As the Market Positions accordingly and before the fact with the current Pricing in of the above underway as a Buy Zone in Cable Positions for better North Positioning of which a South Reversal/USDollar Rally will ensue... Let's Buy Cable 1st into our Sell Zone...

Cable Buy Zone @ 1.9675<>1.9710...

Target...Open.

Cable has a decline Low into London Session @ 1.9655 into our Optimal Gbp/Usd Buy Zone and we are onboard with the advance on course for an upcoming test @ 1.9790 onto 1.9830<>1.9850 Zone.

IRIS FX

[Iris]

Hello Everyone......

The FED and BOE are on target to reduce rates upcoming with Pricing in of both underway as the USDollar bases and Range Positions for a Rally...with North advances in Euro and Cable Positioning for higher Optimal Sell Zones in both, therefore lets Buy Cable and Euro for a North advance into Optimal Positiong for a Sell Zone/South Reversal in both.

The ECB has hit 3.1% inflation with a growth modifying target of 2.00%...aka the Euro is over-appreciating with excessive inflation as rate increases attempt to stem the overheating Euro with another hike probable.

As the Market Positions accordingly and before the fact with the current Pricing in of the above underway as a Buy Zone in Cable Positions for better North Positioning of which a South Reversal/USDollar Rally will ensue... Let's Buy Cable 1st into our Sell Zone...

Cable Buy Zone @ 1.9675<>1.9710...

Target...Open.

Cable has a decline Low into London Session @ 1.9655 into our Optimal Gbp/Usd Buy Zone and we are onboard with the advance on course for an upcoming test @ 1.9790 onto 1.9830<>1.9850 Zone.

24 Hours later and Cable continues to Position our Buy Zone for Optimal Entries and we are onboard and advancing currently above the Gbp/Usd Buy Zone... with a Key fractal advance break @ 1.9755 opening a further North advance onto 1.9790+.

Time the Wave.

IRIS FX

[Iris]

Hello Everyone......

The FED and BOE are on target to reduce rates upcoming with Pricing in of both underway as the USDollar bases and Range Positions for a Rally...with North advances in Euro and Cable Positioning for higher Optimal Sell Zones in both, therefore lets Buy Cable and Euro for a North advance into Optimal Positiong for a Sell Zone/South Reversal in both.

The ECB has hit 3.1% inflation with a growth modifying target of 2.00%...aka the Euro is over-appreciating with excessive inflation as rate increases attempt to stem the overheating Euro with another hike probable.

As the Market Positions accordingly and before the fact with the current Pricing in of the above underway as a Buy Zone in Cable Positions for better North Positioning of which a South Reversal/USDollar Rally will ensue... Let's Buy Cable 1st into our Sell Zone...

Cable Buy Zone @ 1.9675<>1.9710...

Target...Open.

Cable has a decline Low into London Session @ 1.9655 into our Optimal Gbp/Usd Buy Zone and we are onboard with the advance on course for an upcoming test @ 1.9790 onto 1.9830<>1.9850 Zone.

24 Hours later and Cable continues to Position our Buy Zone for Optimal Entries and we are onboard and advancing currently above the Gbp/Usd Buy Zone... with a Key fractal advance break @ 1.9755 opening a further North advance onto 1.9790+.

Cable has an advance break @ the Key fractal @ 1.9755 thru 1.9790 to a current High @ 1.9830 as we are well Positioned before and into this move for this Optimal Buy Zone and building a sizeable Buy Position.

Key fractal Support build @ 1.9755 to firm this advance once again onto 1.9790 for the 1.9830<>1.9850 Zone.

Time the Wave.

IRIS FX

[TraderPierre]

Happy New Year Iris, we're all looking forward to you excellent analysis during 2008.