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caldera replied Nov 18, 2009you're right, must keep an open mind, I don't think we can take much for granted... just the nature of speculation... which is not very cut & dry at all...
EURUSD
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caldera replied Nov 18, 2009must remember to keep an eye on gold... and as long as it keeps going up it'll keep the Euro firm and the Dollar weak... and it seems everyone's buying into gold these days...
EURUSD
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caldera replied Nov 18, 2009It's in US's interest to keep the dollar down (due to its massive debt), especially in the short term... however if oil prices continue to increase that will put some upward pressure on the dollar. (because of its massive oil consumption). It could ...
EURUSD
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caldera replied Nov 16, 2009Could be another one of those "Head and Shoulders" patterns emerging... if so next target should be 1.49345...
EURUSD
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caldera replied Nov 16, 2009disclaimer — under most news events you'll find the following disclaimer (Note: While this is the 'usual' effect, under current market conditions the reverse tends to be true against some currencies, as bad data has been triggering the ...
EURUSD
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caldera replied Nov 15, 2009Not really sure if they care what China says about a weak dollar... but here's a good reason why the US cannot continue to weaken the dollar, or what will at least slow them down. Oil. url
EURUSD
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caldera replied Nov 15, 2009you need to understand MQL and modify the code... ok just try this attached version...
EURUSD
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caldera replied Nov 14, 2009A head and shoulders pattern occurs at the end of an uptrend. (Or an inverse H&S at the end of a downtrend). We also have a double top formation where we failed to make a new high.
EURUSD
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caldera replied Nov 14, 2009We seem to have a classic "Head and Shoulders" formation coming to completion on the 4hour timeframe... signifying a drop in prices. Two things worth noting are: 1. There is a heavy support area at 1.48120, price has only come close to it on the ...
EURUSD
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caldera replied Nov 12, 2009next level is 1.48120, if this level is breached and there is a further decline downwards... not likely to reach 1.46260 immediately, but, if everyone turns bearish and this lower level is breached, it could spell the end of the long uptrend we've ...
EURUSD
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caldera replied Nov 12, 20091.48400 is a key level at the 50 fibo retracement... looks like we may still be in for a further decline... we'll then either bounce back of it or drop through...
EURUSD
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caldera replied Nov 12, 2009inverted Head and Shoulders completed... looks like we're now in a shallow upward trend...
EURUSD
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caldera replied Nov 12, 2009Excellent advice... something i should be doing... so much of the price behaviour is repetitive that if once you get caught out and realise where you went wrong hopefully you'll be aware and won't fall into the same quagmire again...
EURUSD
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caldera replied Nov 12, 2009Apparently it was the Russians earlier... url looks like a small (inverted) head and shoulders pattern is in formation on the smaller timeframes...
EURUSD
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caldera replied Nov 12, 2009The Euro is taking a tumble... US stocks are down and the Dollar is pushing up against other currencies
EURUSD
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caldera replied Nov 10, 2009It was the pound crashing through all the stops on the back of an anouncement by the Fitch rating agency that the UK economy might lose its AAA rating... the GBP pound being as heavy as it is shook the whole forex market for a bit. url I thought ...
EURUSD
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caldera replied Nov 9, 2009Gold — Gold is up looking to reach 1,200 according to: http://www.djnewsplus.com/ge/article/SB125774394881551341.html?mod=q&a=Top+Stories&h=Gold+At+New+Record,+Rally+May+Reach+$1,200/Oz Equities are also up... All helping to boost the Euro and ...
EURUSD
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caldera replied Nov 9, 2009Someone lit a fire under EURUSD... At this rate there'll be nothing left for the New York session... Toshi... just watch out for the flames...
EURUSD
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caldera replied Nov 8, 2009Carry Trade... — Seems like the carry trade is helping push the Euro up and the Dollar down. The AUDUSD (AUD interest rates recently went up) is racing ahead followed by the EUROUSD and the GBPUSD...
EURUSD