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paul1 replied Feb 16, 2011Anyone who would post go with the trend for the past week would have to be a moron. Does anyone agree . the trend is actually sideways ,long or short is viable until the highs and lows are broken.
EURUSD
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paul1 replied Feb 8, 2011Agree I have that as asia open. And the british chancellors comments have already tanked the gbp hard .
EURUSD
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paul1 replied Feb 7, 2011strong push up or down from 43 should continue this afternoon .daily low
EURUSD
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paul1 replied Feb 7, 2011Entering a 1/3 position at 30 think 43 turning to resistance. Feel safe upto around 50 level . still anticipating 3490 then range trading for a while
EURUSD
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paul1 replied Feb 7, 2011See even long entries had a chance of pips . A good play the bounce off previous daily low . The only difference is longs today are 50 % harder to trade . But range days you could make as much bull as bear. or both. I got out at 60 when it started ...
EURUSD
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paul1 replied Feb 7, 2011So basically we had minimum bid rate on 3rd feb unchanged at 1% .For 3rd month running. The event in 30 minutes and 1hr 30 minutes will be scrutinised to see if there are comments to suggest the rate decision will be raised or lowered in march 3 ...
EURUSD
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paul1 replied Feb 7, 2011Its make or break for the 40 which i actually have as 43 previous daily low . Must say i mainly looking for current action at the "00" and "50" fibs and previous few days last daily lows or highs for my direction . I see we ranging at 50 and am ...
EURUSD
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paul1 replied Feb 7, 2011I apologize if i cause offence but ,and i will say this now before it happens . we are moving strongly down but i will garauntee before todays finished a trader that know what he is doing could make money from bull positions . already today buying ...
EURUSD
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paul1 replied Feb 7, 2011could i ask are you saying only take short entry at 40 after a 90 pip down move ?
EURUSD
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paul1 replied Feb 7, 2011consider me a muppet short from 80 I have 80 as asia open and my previous posts explain my view. lets see how big a muppet i am . Dont forget if i turn out not to be a muppet guess who is
EURUSD
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paul1 replied Feb 7, 2011There was I feel a lot of expectation that ecb would raise interest rates to curb inflation some of the upmove heading to 1.4000 was cut short when the rate was left unchanged . I feel this lead to the quick correction down and possibly some ...
EURUSD
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paul1 replied Feb 7, 2011ote=sisse;4377086]Strongly disagree Larseg. If you don't know your max risk and potential reward before entering you are doom in this business (like in any other business). How can you define and know you statistical edge if you don't know this in a ...
EURUSD
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paul1 replied Feb 4, 2011Hello Traders , Yep we have trichey speaking and nfp. Personally you can make pips 2 ways today. The risk/high reward which is trade tricky and nfp. Secondly trade the probability we are going to be in a small range of around 50 pips the pivot may ...
EURUSD
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paul1 replied Feb 2, 2011Today was retrace day . possibly tommorow we see the push above 3900 . And see if that triggers the big bear for nfp friday . Above there will be looking for big profit taking event . Good luck all.
EURUSD
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paul1 replied Feb 2, 2011I'am thinking we are likely to be around 13940 area if dollar index hits 76.30 .I will cautiously look for shorts around that area if price action confirms.
EURUSD
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paul1 replied Feb 2, 2011Keep eye on dollar index buddies there is major support at 76.20/30. If that causes profit taking by those trading daily charts we could see a few hundred pip bear move on this pair . At the moment this is a small retrace ,play with 3800 continue ...
EURUSD
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paul1 replied Feb 2, 2011hello all , nice to see we broke 3800. Just another observation you can use ,look back in charts see how many times we pass through "00" only once . The average is 5 . uptrend =2 pass through up,2pass through down and final pass up in a continuation ...
EURUSD
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paul1 replied Feb 1, 2011German bank maybe selling 80 so am out being cautious you never know what might happen.
EURUSD