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fxsport commented May 31, 2012Is it just me or does anyone else think it's funny that the IMF, the bank of last resort, the bank of the 3rd world nations, has to come up with a plan to bail out Spain rather than the European Central Bank?
IMF Begins Contingency Plans For Spanish Bailout: Dow Jones
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fxsport commented May 31, 2012If the Greek exit of the EU is Grexit does that mean with Spain possibly leaving the EU it's Spandex?
IMF Begins Contingency Plans For Spanish Bailout: Dow Jones
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fxsport commented May 31, 2012Nice article that can be summed up with this: Sell EUR/USD...
EURUSD: Trading the U.S. Non-Farm Payrolls Report
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fxsport commented May 30, 2012Really Forexia? How's it feel to lose all those pips in a day?
Euro falls below $1.25
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fxsport commented May 30, 2012It's simple really - everyone but you and I are stupid! But seriously people/traders want to have 'pride' in their home currency so they introduce bias into their trading rather than use technical analysis and reading the charts.
European Bloodbath Continues
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fxsport commented May 30, 2012What happened - Forexia wrote yesterday that the EU was all smiles and giggles and that I should buy EUR/USD!

European Bloodbath Continues
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fxsport commented May 30, 2012Maybe the Twitter headline tomorrow will be: EURO breaks 1.2300????
Euro breaks below $1.24 [Dow Jones]
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fxsport commented May 30, 2012Thank you all you Euro 'I HOPE it goes up' traders...you've allowed me to earn lots of pips today - AGAIN!
Euro breaks below $1.24 [Dow Jones]
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fxsport commented May 30, 2012Hey Jaygee how are those 8x EUR longs holding up?
Euro breaks below $1.24 [Dow Jones]
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fxsport commented May 29, 2012Considering that E/U is ready to test the 1.2460 support from today I don't see how my position is being squeezed - unless you mean the EUR will be squeezed lower?

Euro falls below $1.25
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fxsport commented May 29, 2012I re-read the BOJ statement and yes I have been burned many times in the past with BOJ intervention. My limit is 98 and considering I've been shorting it since it broke the 105 support I'll be happy.
Euro falls below $1.25
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fxsport commented May 29, 2012This could be the impetus for a EUR consolidation before the next drop. Depending upon the language it could help Spain and Italy considerably.
Spain in focus as EU readies euro zone economic strategy
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fxsport commented May 29, 2012The ECB should have cut rates a long time ago. If they had Spain's banks would be on the edge and the PIIGS wouldn't be about to get slaughtered.
Markets Are Underestimating The Risks Of An ECB Rate Cut Next Week
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fxsport commented May 29, 2012Forexia - most people who do intra-day trading lose money - not my opinion but a fact. My shorts are still open and have been for over 2 weeks. In fact I opened another new short at 1.2500 just a little over 150 minutes ago. BTW I use daily charts ...
Euro falls below $1.25
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fxsport commented May 29, 2012That has been the problem for the EU block the past year - their single currency is overvalued. By lowering the currency you increase your exports - that is why the US allowed their currency to devalue so they could export more planes and other ...
EUR/USD: This is why we don’t pick bottoms
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fxsport commented May 29, 2012That's where I'm TRYING to help. Your opinion is not based on FACTS and saying to go long the EUR/USD is COSTING traders pips. That's not an opinion but a fact.
Euro falls below $1.25
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fxsport commented May 29, 2012Forexia - there's a a 'rescue plan' in place? REALLY? Spain stated they wouldn't default on their debt. Did you really expect them, or any other country to come out and say, 'We're not going to payback out debts'. I'm sorry but you are very ignorant ...
Euro falls below $1.25
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fxsport commented May 29, 2012Forexia I'm NOT a "Big Boy" but I MADE more money today because I've been short the EUR/USD since May 1, 2012. There is no reason for the EUR to increase based upon how much money the ECB stands to lose when Greece leaves the EU. In addition there ...
Euro falls below $1.25
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fxsport commented May 29, 2012Excellent observation. The problem with all the traders calling for the EUR to climb are putting their personal bias into their trading and ignoring FACTS.
Euro falls below $1.25