tag:blogger.com,1999:blog-4878316162397365683.post6196929102223411508..comments2023-11-06T06:01:49.605-05:00Comments on Principle Analysis: an Elliott Wave Blog for Forex Signals, Futures Signals and Stock Signals: Dollar Close to Confirming Bottom - EUR/USD Needs Break of 1.4828Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4878316162397365683.post-42160169616465926492009-10-26T18:29:47.279-04:002009-10-26T18:29:47.279-04:00You're braver than me, calling a dollar bottom...You're braver than me, calling a dollar bottom right now, however I do feel it's highly likely the bottom is upon us and today's action was a solid indicator of that. However it's not confirmed qutie yet in my view. Lots of traders in currency forums I visit are selling the dollar rally. This of course is good because as long as people try to fade the dollar rally, the rally will continue.<br /><br />Thanks for the comments!Toddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-35258755439371468202009-10-26T17:24:19.877-04:002009-10-26T17:24:19.877-04:00Todd, I believe it's a forgone conclusion now....Todd, I believe it's a forgone conclusion now. Any upside in the Euro should be sold and any downside in the US dollar should be bought. To see both sides, stops could be put at new high (Euro) and new low (dollar) unless it is a wash out move. I don't favor calling anything "forgone conclusion" but this one really deserve it. Many people overstayed their welcome in he camp of selling dollar and buying bubble. Don't you think? :) Thanks for your blogs. Always nice to check them out.GoodVibehttp://www.iamgv.comnoreply@blogger.com