Very nice indeed. It seems that a close below the lower BB often
gives a test of the upper band and thats a really big move. (Would
be interesting to se some statistics on that).
I thinks its time for the cavalry to come back again. Last time
was November 28 with the coordinated central
bank intervention. Fed doesn't like a higher USD and the
European leaders seems to believe that a strong euro is good for
them (fools). Right now the Asian CBs are selling euro to buy own
currencies instead, but some phone calls from Fed can make a big
difference. Also IMFs Lagarde says that EU soon needs multinational
coordinated cooperation to solve the crisis. It's a cry for
help.
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Time for intervention
Euro
Posted by lebow on 15th of Dec 2011 at 01:17 pm
Very nice indeed. It seems that a close below the lower BB often gives a test of the upper band and thats a really big move. (Would be interesting to se some statistics on that).
I thinks its time for the cavalry to come back again. Last time was November 28 with the coordinated central bank intervention. Fed doesn't like a higher USD and the European leaders seems to believe that a strong euro is good for them (fools). Right now the Asian CBs are selling euro to buy own currencies instead, but some phone calls from Fed can make a big difference. Also IMFs Lagarde says that EU soon needs multinational coordinated cooperation to solve the crisis. It's a cry for help.