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Forexia replied Jul 16, 2010Fridays can be profitable. It's just that the trend starts earlier than other days. For those of you who trade in the North American timezones, the trend usually start at around 6 or 7 am, I find.
EURUSD
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Forexia replied Jul 15, 2010Hmmn. Aussie is following CAD closer than as opposed to EUR today. Once CAD starts to go up, Aussie will be going up. My 2 cents
AUD/USD
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Forexia replied Jul 5, 2010Thanks!! So I should take the rest of the day off and have a holiday myself?
EURUSD
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Forexia replied Jul 5, 2010A prob. noob question: Is the market supposed to be quiet today with US market on holidays? I don't see much movements in EUR/USD
EURUSD
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Forexia replied Jul 4, 2010My biggest frustration right now is to find the TP level. Many times I set up the trade fine, the trade goes into profit but I don't know when to take profit so I either tp too early and then watch myself losing sometimes 200+ pips or tp too late ...
biggest frustration or obstacle you have faced so far?
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Forexia replied Jul 4, 2010Become profitable in Forex is WAY easier hands down. In forex, you can become profitable within minutes. To rob a bank, you have to plan, study, gather resources and tools, recruit accomplices, plan more and rely on luck. Tiny one thing goes wrong ...
What is easier, robbing a bank or trading profitably?
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Forexia replied Jul 1, 2010Eventually EUR should come down a bit, just not yet. Right now, it's probably some late-comers wanting to join in the rally party. My 2 cents. But IF this rally was REALLY fueled by the weak US economic data, with US economy now permanently being ...
EURUSD
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Forexia replied Jun 29, 2010I agree with your resistance lvl. Personally I would set it at 1.225 and then short when there is a signal.
EURUSD
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Forexia replied Jun 29, 2010Here is my view on EUR/USD: In a long run, Euro is not going up any time soon because the Economic troubles that EU still has to sort out for its member nations. As long as those issues are outstanding, Euro will not appreciate much. We all know ...
EURUSD
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Forexia replied Jun 29, 2010Oh well, to each's own! I am still LONG in EUR/USD. I have my SL set up as always. We shall see.
EURUSD
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Forexia replied Jun 29, 2010What's with AUD not following EUR of GBP today? So weak against even NZD? Something wrong with fundamentals?

AUD/USD
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Forexia replied Jun 29, 2010I am still LONG in EUR/USD. I believe it should go up further. There is no way that US$ is gonna be stronger after the weak Economic data this morning. EU troubles is old news. Keeping my fingers crossed

EURUSD
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Forexia replied Jun 29, 2010I see the next support @ 1.21376, and then 1.2089 and then 1.2037 and then 1.1965
EURUSD
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Forexia replied Jun 21, 2010Theoretically, there shouldn't be much correlations between EUR/USD and USD/CAD as CAD is a commodity currency that its price is largely correlated with movement of oil price BUT I have noticed too that there are at times strong correlation between ...
EURUSD
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Forexia replied Jun 21, 2010Haha, this is what I do. I trade in a dedicated office area that's secluded from the rest of the apartment from a laptop with Wi-Fi. That way, if I want, I can trade when I am travelling. I agree, unless you have a huge scale trading business that ...
Trade at home or at the office?
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Forexia replied Jun 17, 2010The correlation has been weakened quite a bit. Many times, the corresponding move in USD/CHF in response to a move in EUR/USD is delayed but even when not, the magnitude of the correlation is also less.
EUR USD USD CHF correlation