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AlexC replied Apr 28, 2010Remember, a weaker euro isn't necessarily bad for Europe. More exports. As long as inflation is kept in check.
EURUSD
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AlexC replied Apr 28, 2010Right now Greece is passing new laws cutting its bloated bureaucracy by 60%. Bold move to cut the fat out. Up till now half the population works for the government. That means half are living off the other half's production. Big waste of human ...
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AlexC replied Apr 28, 2010Be aware, full moon and FOMC meeting on the same day. When the moon is full, people take more risks. Plus end of month for businesses so somebody's gonna rake in some cash this week to make bottom line look good.
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AlexC replied Apr 26, 2010You got that right. The problem with Greece is the previous administration gave the banks almost 30billon euros to bail them out. Now the banks are hording the money, won't lend any and they along with the their crony politicians are trying to stick ...
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AlexC replied Apr 23, 2010Don't hope..... but you can pray! Remember, you gotta draw your trendlines and you have 10% in your favor when you go with the trend.
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AlexC replied Apr 23, 2010Depends on dollar breaking down below its 61.8% fib. Kind of moment of truth.
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AlexC replied Apr 21, 2010I see you have the cycle identifier indicator. I set it on the EUR Futures hourly chart and it gives false signals. I set it on the EURUSD hourly chart and it doesn't. Interesting.
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AlexC replied Apr 21, 2010After the 1929 crash, there was a rebound and the S&P came within a smidgen of its 61.8% Fibonacci retracement. After approaching the 61.8% retracement, the market reversed and resumed its prior Bear Market down trend. The S&P 500 is about 20 points ...
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AlexC replied Apr 11, 2010Thanks for sharing Skyzer. The simulator is a great back testing tool.

EURUSD