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paul1 replied Apr 12, 2011For anyone thats unsure the bigger fundies are quite clear. American policy for now till at least end of june , 1) Oil trading at highs tends to weaken dollar. 2) American policy,low interest rate =low dollar 3) europe policy,raise rates=higher eur ...
EURUSD
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paul1 replied Apr 12, 2011Tend to agree not knowing how much of the order at 60/70 is left ,but it looks like we not pushing to far down after trying to punch through . I think gator suggested 3 attempts ,but have seen it take 5 or more.
EURUSD
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paul1 replied Apr 12, 2011First time I have tried this ,but ransqwuak.com said they expected bad uk cpi number so i built a short to see what happened ,mainly cause this pair doesnt have much volatility at moment when the number was released they were correct and within a ...
EURUSD
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paul1 replied Apr 12, 2011Just my opinion gator buddy but be cautious with the lower targets on oil . Talks of cease fire have evapourated from yesterday. What i believe is behind oils rise at least in uk is the fact the british government raised tax on oil and petroleum ...
EURUSD
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paul1 replied Apr 11, 201160 pip range BIS selling 1.4460/70 but seems market not prepared to push lower . see what happens if we test the high . May just keep testing it over few days till the orders are filled. Pity i have no idea how big the order is.
EURUSD
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paul1 replied Apr 8, 2011I will never know for sure but, With my observations of the size of orders and activity movement on the market depth and time and sales . I watched extremely large clusters of orders over the las 3 weeks between 4250 and 1.4000, to be more accurate ...
EURUSD
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paul1 replied Apr 8, 2011Am no sherlock holmes but its been going up since january , Given the clues i have uncovered it will go down next ,i will await the event with great anticipation. Until then my friend good luck.
EURUSD
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paul1 replied Apr 8, 2011Thankyou ,I was hoping to see a strong reaction to the closing of government ,but seemed to be more consolidation.
EURUSD
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paul1 replied Apr 8, 2011I'am struggling to identify the dates on the chart . the spacing are the same but the years vary ,2yrs then 1yr . Do you have price action during dec 1995 through january ,thankyou for your help.
EURUSD
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paul1 replied Apr 8, 2011At least till a 61% retrace on your timeframe. Even then dont be too confident. Until it breaks 100% of a leg on smaller time frame its still potentially going up. 100% retrace on small time frame can lead to double/triple bottom which again is ...
EURUSD
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paul1 replied Apr 8, 2011Hello bud, Do you have access to a chart of gbp/usd or eur/usd or even dollar index between the dates 16/dec/1995 and 06/jan/1996 my charts wont go that far back. If anyone has a chart with the reaction of the dollar between these dates so we can ...
EURUSD
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paul1 replied Apr 8, 2011This made me giggle, Trading the news is high adrenaline high risk including perhaps 100 pip moves in a matter of seconds and you fell asleep . I realise you probably held onto a successful trade after the news,just made me giggle imagining falling ...
EURUSD
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paul1 replied Apr 8, 2011Good morning traders, I feel the 2 headline issues that affect eur and dollar . The portugal bailout which was expected ,the real worry is how it affects spain. Then the US government shutdown which seems to be on track to happen today. I think US ...
EURUSD
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paul1 replied Apr 7, 2011image Its easier to explain what i see with a chart ameritrini. The red horizontal arrows are areas that turned resistance into support . The latest being 4250. Currently the last leg up from 1.4150 has just completed a 50% retrace to touch 1.4250 ...
Daytrading the EUR/USD... the most liquid pair
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paul1 replied Apr 7, 2011Lots of hilarious comments lol keep em coming. 1.28 too 1.40 1.40 to 1.43 Might start to look like a retrace if we break 1.40 again . I'd say stop thinking and start trading ,getting in at the best place you can.
EURUSD
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paul1 replied Apr 7, 2011The way i treat such news is that i look for evidence . Overnight i see no strong bull candles to suggest the source is correct and i was not monitoring price action so personally discard this rumour if it was reported anytime before the last half ...
EURUSD
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paul1 replied Apr 7, 2011I'am sure i just heard ransqwuak say all analysts going for unchanged rate. yesterday they were all for .25% But it not in the notes anyone else hear that?
EURUSD
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paul1 replied Apr 7, 2011.25% is expected use this as a pivot less and dovish meeting, my charts show we can move 400 pips .the same applies to above expected with hawkish comments at the meeting afterwards. So depending on outcome we have between 120 pips atr to a ...
EURUSD