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Friday, February 04, 2005

Ldn 22:29 GMT February 6, 2005
van Gecko was right when the Euro was on its way up, and you may find him correct going the other way , probably worth taking a look at his Archives
LINK

Miami OMIL (/;-> 15:14 GMT February 4, 2005
Good point Gecko the eur/usd pair has confined its play around the retracement numbers and T/L so far. With the daily indicators still bearish and weekly also turning bearish this could trigger a deeper downfall for this pair in the future but key supports must be taken out soon before this process is to begin IMHO. I am still a sell on rallies on this pair until the 3250-60 resistance is taken out. GT

van Gecko 15:06 GMT February 4, 2005
good morning OMIL.. hope you are fine.. with the Chinese year of the Rooster now 5 days away, seems like 'long' Dollar is still the near term focus here as most Asian players wouldn't like to be 'short' ending & starting a new year..:))

Miami OMIL (/;-> 14:24 GMT February 4, 2005
van Gecko 14:19 GMT February 4, 2005
Hope you are well and have a great weekend thanks for the comments. GT

van Gecko 14:19 GMT February 4, 2005

08:19 GMT January 14, 2005
"eur/usd & usd/chf now converging from multi-year diametrically opposite extreme levels.. sometime in the near future, the twins will meet at/near 1.25 then say good bye to each other for a long long time.." ie.

converging to 1.25
eur/usd 1.36->1.32->1.30-> * 1.25 <-1.19<-1.17<-1.13 usd/chf

diverging from 1.25
usd/chf 1.36<-1.32<-1.30<- * 1.25 ->1.19->1.17->1.13 eur/usd

a month into the new year & last years Q4 Dollar Bear Brigade are still in hibernation.. looks like the Q1 Dollar Bull Brigade is now focusing on * 1.25 * for the Conti twins..
the EUR/GBP .6800 intermediate attractor now in sight for the SS Brigade..
Cheerios..

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