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    • Spectre2006 replied Jul 17, 2006

      checkout spot gold, seems like profit taking in the very short term is over, those attempting to short this gold market will get slaughtered in parabolic spikes.

      GBPUSD
    • Spectre2006 replied Jul 17, 2006

      that usd/jpy is a feeler trade, meaning you have to place a trade to go through the motions of holding that position. If that feeler trade works out, than furthr trades can be made with confidence.

      GBPUSD
    • Spectre2006 replied Jul 17, 2006

      when markets get too close to key support levels, it seems they have the urge to touch them before confirming their move. On the gbp/usd pair 1.81 or close to it, seems inevitable.

      GBPUSD
    • Spectre2006 replied Jul 17, 2006

      risk aversion looks old in the tooth, but it looks old in the tooth to everyone, I think to shake out the risk aversion trade shorts, the price will gap down a little giving a usd bullish tint, then reverse to kill everyones stops.

      GBPUSD
    • Spectre2006 replied Jul 17, 2006

      gold oil backed off from highs, but the trade will be a reattempt overnight at the daily highs. This should lend some more support to usd or perception that risk aversion trades are being placed. a key event in bernanke on the hill, if he says the ...

      GBPUSD
    • Spectre2006 replied Jul 17, 2006

      I'm still tired from last night going to go get some food. Will be back in 30 minutes. The price action in this pair warrants caution. Even if your correct in your directional bias for the trade, you will get stopped out if your entry is poor.

      GBPUSD
    • Spectre2006 replied Jul 16, 2006

      You have to look at the world markets in terms of world events and not purely statistical correlation measures. Some periods of time, two derivative prices will correlate, and others will be inversely correlated. Behind each correlation is a model ...

      usd/jpy headed higher
    • Spectre2006 replied Jul 16, 2006

      I've chopped up this pair better than some ginzu knife chefs. =) Price compression occuring look for a gap soon. The price action isn't overtly bullish, I think it will break below 116.10 before heading higher as european session nears. In European ...

      usd/jpy headed higher