what negative news have we had in the past month? high court was extremely positive news what about positive news for U.S. any of that? remember that EU news can easily be dwarfed by US news (if no problems with the EZ though we would already be at ...

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short from 96 lower high

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yup 1.30017

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Yeah well it did technically setup for long.. but not this quickly and with this little retracement thats where the move differs from a technical one, definitely was a technical move up to 1.26xx though. past that was pure FA imo (german high court ...

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This move is purely fundamental... how could this big of a technical move happen without fundamental shift? We went up to 1.30 faster than we went to 1.20

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Its open ended but they won't stop until the economy is "better" no specific targets, if Ben gave the market specific targets they could predict when stimulus ends.

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so much momentum..... 1.305-1.31 is where I see it being capped off for a week or two retracement.

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Knocking on 1.30

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imo FED stimulus is considered fundamental, not technical.

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because its still something... some are calling it QE lite.. lets see when Ben says in a few minutes.

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Which would match up well with this.. Can't mess with the first touch of a weekly target (demand and 50 fib) even on FED stimulus Dollar will bounce here I am 99.9% certain

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1.35 after a small (200ish pip) pullback @ 1.30-1.31

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This is not QE3 but its similar... and it means QE3 is guaranteed soon. Commodities are still cheap so we are rallying hard because big money is front running it.

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2970 is the elite guard for 3000

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34.80!!! DAYUM and the tick chart handled EU pretty well so far in these volatiles conditions

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Gold outpacing silver in comparison to what we have seen lately. Watch 1764..

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Daily pivot holds...

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Looks like the dollar is going to reverse in short term... Metals.. probably will consolidate/grind to 1800/37 until QE3 (even with dollar gaining some strength, its taking advantage of great prices for an inevitable bull move much much higher)

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The rally won't stop just because Ben postpone QE a month or two. This will be one hell of a bull.

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