2007-08-22

Trading range?

EUR/USD 1 hour chart.
We may have trading range (cow market). Prove will be, if we see one more drop to lower line.
However better stay aside for now.
Posted by NMMM.NU at Wednesday, August 22, 2007
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2 comments:

Anonymous said...

Hi Nikolay,
I am bulgarian, so there's no need to do the suggested tarnslation. However thanks for the proposal. I'm writing in english 'cause i'm trying to keep with the overall tone of your blog.
Congratulations for the non-commercial effort, creating and updating this blog. IMHO you've done a good work, especially by adding the currency indexes research to the forex pairs analysis.
I also read the Deltastock analysis and infact i've reached your blog through the ForexMasters ratings, where i saw you in the pole position.
If i have understood you correctly, you are expecting new high above 1.3851 before reching the DStock targets at 1.3264 and 1.3140. Can you explain on what ground your suggestions are based and which is the critical level for you,that a drop below will change your view?
Greetings
Tony

12:53 PM
NMMM.NU said...

Oh, I am expecting 1.39 ... :) Will reatach the chart today later. But Deltastock make me very nervous, and currently I am trading very carefuly. Pls contact me at skype name nmmmnu if you want.

2:57 PM

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