A reader wonders why I don't update my "fabulous euro call".
Well the post is right there, still on the front page of the blog. It is thus far a bad 'call' for anyone who cares to scroll the page to see. Except, it was not a call because I am not the type to puff up plumage and make calls. The market can make me or anyone wrong at any moment. The support level noted was an important one and if the euro is not on a false breakdown, that could be all she wrote for the 'Euro Bullish?' recovery theme.
So here's your update, and here's the original chart, annotations untouched since it was first produced. Happy now? Edit (11:18) The NFTRH sample (#166) available on the right side bar goes a step further and projects a measured target of 109 if the support zone fails. So there's another "call". Market management is all about having parameters, not crystal balls.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Well the post is right there, still on the front page of the blog. It is thus far a bad 'call' for anyone who cares to scroll the page to see. Except, it was not a call because I am not the type to puff up plumage and make calls. The market can make me or anyone wrong at any moment. The support level noted was an important one and if the euro is not on a false breakdown, that could be all she wrote for the 'Euro Bullish?' recovery theme.
So here's your update, and here's the original chart, annotations untouched since it was first produced. Happy now? Edit (11:18) The NFTRH sample (#166) available on the right side bar goes a step further and projects a measured target of 109 if the support zone fails. So there's another "call". Market management is all about having parameters, not crystal balls.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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