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plan-b replied Sep 22, 2009I did not say bulls are done Long dollar=EU short Simply put there will be no bear left by the time the bulls are done.
EURUSD
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plan-b replied Sep 22, 2009Who would have thought? More than 600 pips up in less than a month, i think by the time the bull wave is done there will be no single trader with a long dollar position.
EURUSD
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plan-b replied Sep 22, 2009Frustrating month for the bear so far. 1.48 should cap further gains near time image
EURUSD
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plan-b replied Sep 22, 2009Before the ride down takes the waters will be very choppy, Don't bet everything, we might yet see new yearly highs
EURUSD
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plan-b replied Sep 21, 2009Thanks buddy, But remember that if you are say long USD against EUR,GBP,AUD,NZD,CHF you are in essentially in the same trade but with a 5 times exposure and the double edged leverage sword comes into play.
Stress Free EUR/USD
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plan-b replied Sep 21, 2009I am sure you have heard time and again that there is no holy grail to trading, the best one can do is create an edge for themselves and hope they can slowly grow their account. I have never traded indices but i doubt there is any profitable trader ...
Stress Free EUR/USD
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plan-b replied Sep 18, 2009Seems like there is some buying ,or maybe its just stop hunting before the main course.
EURUSD
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plan-b replied Sep 18, 2009Enter small, the big boys are switching on their super fast computers now. They will play for 3 to 4 hours before breaking for their weekend cocaine
EURUSD
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plan-b replied Sep 18, 2009Dealer chatter of quasi-official name seen smoothing Euro price action above 1.4720 level What does smoothing mean?
EURUSD
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plan-b replied Sep 18, 2009EU bulls seem exhausted and AUD mirrors the single currency I expect more downside. If you have not been trading for long i would advise against scalping, pay attention to 4H and upwards TFs NY should just give you a sense of what is coming up in ...
AUD/USD
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plan-b replied Sep 18, 2009Its at its lowest and very extended Please don't enter $15 pips on this one enter small and put a 1000 pip target profit and forget about it You can risk 300
AUD/USD
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plan-b replied Sep 18, 2009Those that are bearish AUD should be hugely rewarded by buying GBP/AUD at current levels 1.8775 Enter small
AUD/USD