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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 18 June 2011

Euro

Sharp decline this week with rally on Friday.Possible we are in some kind of wedge or triangle but I am more inclined to view this as a trend reversal,in which case trailing a stop behind the 34 dema should be a good strategy (I got short at 1.4298 on Friday just below fib retrace)











Cable also looking toppy,with LH in place


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