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fxtyrant replied May 29, 2015reasons to be bullish USD. we are seeing domestic consumption recovering and housing..... needles to say better housing means rising prices, and rising prices is inflation. watch your asses dollar bears. Details of US GDP revisions for Q1 2015 Prior ...
EURUSD
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fxtyrant replied May 29, 2015palinco and his targets? dayum missed it by |....| this much lol
EURUSD
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fxtyrant replied May 29, 2015like we usually say. what cannot go up must come down... interesting how it stopped literally 2 pips away from 1.10 large orders might be there keeping it down.
EURUSD
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fxtyrant replied May 29, 2015its not bad buddy.... big banks were betting on figures worse than -1%.... JP morgan was forecasting -1.1% using their model after the really bad trade balance the other month.....
EURUSD
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fxtyrant replied May 29, 2015damn it missed my second incremental entry short at 1.1 (on my aggressive portfolio that is).... DAMNIT....
EURUSD
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fxtyrant replied May 29, 2015Well better than expected but i know jpmorgan was expecting -1.1%
EURUSD
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fxtyrant replied May 29, 20150925?? watch this baby fall to 1.0900 now. that is one scary wick..... im not gona be longing. Daily close back below 1.0950 is very bearish sign. lets see how well the bulls can try to prevent that....
EURUSD
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fxtyrant replied May 29, 2015said it here first just in case... look at that 1H.... looks like its gona be a full bodied engulfing.
EURUSD
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fxtyrant replied May 29, 2015im curious to see how much drawdown the bulls can rack up against me this time
EURUSD
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fxtyrant replied May 29, 2015I worry the bulls are being set up for a huge disappointment and this thing might close back way below at 1.09
EURUSD
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fxtyrant replied May 29, 2015until GDP data comes out better then you see all banks buying hard the USD.
EURUSD
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fxtyrant replied May 29, 2015what about mid? 1.09 is kinda mid of the high at 1.14 and low of 1.04xx
EURUSD
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fxtyrant replied May 29, 2015the European pump before the new York dump. haven't we seen it all too often?
EURUSD
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fxtyrant replied May 29, 2015shor term spike up , might retest 1.14 area but long term under pressure due to dollar strength im not kidding when I say dollar and the dxy can head back up to retest 100 and might end up reaching 110 by year end this year.
EURUSD
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fxtyrant replied May 28, 2015Yesterday's close closed below that strong trendline I mentioned previously. today's close is still gong to define the importance of this trendline. Any daily close below this trendline is still bearish to me
EURUSD
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fxtyrant replied May 28, 2015even if it comes in green or red, it comes down to how the market interprets the numbers... just like yesterday, USD came out with slightly worsened unemployment claims but it didn't really meant a huge selloff in EURUSD :/
EURUSD
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fxtyrant replied May 28, 2015Go look up forex factory's trader sentiment.... you will see that the average bear on the EURUSD here in Forex Factory is still in gains ~ 2.2% but damn the Bulls are hurting hard..... the average bulls are down ~-5.6% EURUSD bears are smarter ...
EURUSD