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paul1 replied Apr 4, 2011image I agree we are at critical point ,but not breeched yet . Although with oil $108 . Rate decision likely raised thursday ,plus whatever they say at the meeting afterward. I certainly think a push through 1.4280 ,triggering some large stops ...
Daytrading the EUR/USD... the most liquid pair
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paul1 replied Apr 4, 2011Oil still up high ,But the indices have moved sharply down ,So am scalping a short for now as we could continue to range pushing down further for now. We rejected 4250 twice now and the asians tested 4270 area . Maybe we will complete the daily ...
EURUSD
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paul1 replied Apr 4, 2011I feel the only area we will likely get a bull boost now is to break 4280,seeing as asia tested above 4250 and didnt get much reaction ,So it will take actual buyers to get us there . Because we been in the range 4020 too 4250 for few weeks I ...
EURUSD
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paul1 replied Apr 4, 2011Good morning traders , Oil $108 and rising . first time we close daily/weekly above 4200. But this week the question will be ,Will they raise the eur interest rate as expected too 1.25% and what will they say at the meeting after the rate is ...
EURUSD
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paul1 replied Apr 3, 2011have you got a chart of the trendline you mean is it the one from 1.6000 to 1.5000 price was touching it friday . My broker not live at moment.
Daytrading the EUR/USD... the most liquid pair
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paul1 replied Apr 2, 2011Hello buddy, I have not looked much into aud ,but i understand it has a correlation with nzd and gold ,I'd imagine a whole different ball game . great country and great people ,thats the extent of my knowledge so far. gday m8 .wallabrawonga and ...
EURUSD
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paul1 replied Apr 1, 2011My view is that the euros have no choice whether this goes higher or not . To curb inflation they are putting up interest rates ,trader hold eur cause rates are good, value of euro goes up. oil breaking 2 year highs bad for us dollar ,eur/usd goes ...
EURUSD
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paul1 replied Apr 1, 2011image you dont see such a bullish pattern on 4hr chart very often. 4hr pin bar . start 4150 end 4150. It reached close to the 50% fib level before reversing .4050 The next bar moved up to break 4200 . If you saw this on 5 minute chart might be ...
EURUSD
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paul1 replied Apr 1, 2011image Purely technical .we have hit 4200, 4 times ,the next attempt will be the fifth . If we push up from 4150 ,just using average true rage of 120 pips ,gives us 4270. If it does push up i dont see 4270 being the top ,I feel the stops that would ...
EURUSD
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paul1 replied Apr 1, 2011Morning traders, Be cautious we see technically price edging lower, 4150 still holding . In the background overnight oil broke recent highs to push above $107/barrel. Which is not good for dollar .oil and interest rates trump the the news releases ...
EURUSD
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paul1 replied Mar 31, 2011strong fundies ,oil above $106/barrel . indices turning green . agree cant see much downside for now . certainly havent given up on testing the november high.
EURUSD
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paul1 replied Mar 31, 2011Agreed sisse, I understand when 1.4280 level was created it was mostly consuming stops . 1.4280 i feel is now were there will now be stops placed above . And being a major top the bigger stops, even if no one buys there. the stops could be powerful ...
EURUSD
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paul1 replied Mar 31, 2011I have felt since we broke up through 1.4000 that we will test 1.4280. If I could move the market like some big dog ,The longer we stay in this region the more stops will get placed "SAFELY" above 1.4280 by large and small bears .I would at least ...
EURUSD
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paul1 replied Mar 31, 2011The levels of interest for me now : 1.4150 to hold as support.and we broke over night . 1.4200 to break 1.4220 a top to break 1.4250 a further top Finally november top 4280 Nothing has changed fundamentally US indices trade up last couple days oil ...
EURUSD
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paul1 replied Mar 30, 2011Yes sisse 4150 and 4050 have been strongly confirmed . today and yesterday daily high and low . Closed all ,confirmed 4150 sell level held from friday also . Interesting to see were we are friday before nfp. see what tomorrow brings .
EURUSD
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paul1 replied Mar 30, 2011Hi mercy ,i tried copy and paste but was unable to put it on forum . They print headlines of news ,and verbally comment also . Not everything they say is recorded in writing . ransquawk.com I have mentioned quite a lot were my info comes from ,think ...
EURUSD
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paul1 replied Mar 30, 2011No problem ,To be honest i was more trying to emphasize that the dollar amount should only scale with your risk tolerance as a percentage of account . Bigger account ,bigger dollar risk but should stay the same percentage of account .
EURUSD