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Strategies & Market Trends : Classic TA Workplace

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To: hawkeyefan who wrote (193540)	8/27/2011 1:38:11 PM
From: 2MAR$	Read Replies (1) of 209892

FXE has had a lengthy decline stick on a 60 minute chart early in the day. Five days ago it was an up lengthy stick. In the two days before that it was a lengthy decline stick..... Also, do you suppose it is ready to break out of the wedge or triangle it has been in on the daily charts? If it is the daily slow stochs say up but I don't know if it can be trusted. lol, you were right ... stopped trying to figure out the currency trades with enough to spin head around , except to try and point out that the Swiss Franc's rise was not sustainable earlier in the month , take a look at the FXF now <g... Swings for the Euro/US pretty volitile but stayed in this range ....knee jerk reaction friday was to pop the FXE, imagine alot of attention is going to be paid to this challenge of the $1.45 , the upper channel into next week...

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