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OnlineAddict replied Jul 27, 2014What would be the point? Half retailers had margin calls when euro went from 1.27 to 1.31, there was no point to take it higher than that. It was a normal move, I don't see anything weird behind it.
EURUSD
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OnlineAddict replied Jul 26, 2014How do you manipulate a 1000 pip move? 1.3-1.4 is a healthy level for the euro, everybody is obviously happy with it, the germans and also the americans. So it might range between these levels for a long time to come. With short-term spikes above or ...
EURUSD
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OnlineAddict replied Jul 26, 2014Yes, might drop more. I will try to start buying around 1.33xx, buying with adding, I mean, not just scalping for 20-50 pips. From 1.33 to 1.36 could be a nice ride.
EURUSD
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OnlineAddict replied Jul 26, 2014I personally use a tight SL, after the market has tested a certain level a few times, I use a SL 5-10 pips above/below the level. Or I get out of a trade on the next pullback, but most of my losses are 5-15 pips and most gains are 20-100 pips. I ...
EURUSD
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OnlineAddict replied Jul 26, 2014So that only confirms my point, every trend has to change someday and there has to be a pullback to every spike eventually, but banks mostly wait until they have made enough money from retail before they "allow" that.
EURUSD
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OnlineAddict commented Jul 25, 2014But you still didn't explain how MORE MONEY means LOW VOLATILITY. Logically, it should be the opposite.
Traders are walking zombies on Wall Street
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OnlineAddict replied Jul 25, 2014I'm with you on buying the eur dips atm, but my target for every trade is 20-50 pips, I don't see a reason to keep longs open, yet.
EURUSD
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OnlineAddict replied Jul 25, 2014FF lots don't say much, this is a better indicator: url Or any other big broker. In most cases, 70-80% retailers have to be wrong, for the trend to change in their favor. Looking at the stats, if euro dropped to 1.33, it would be around 70-80% ...
EURUSD
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OnlineAddict replied Jul 25, 2014The question is, is it safe to long the bottoms at these levels? YES. But is it safe to keep longs open and add to them on the way up, like during a regular trend? NOT YET.
EURUSD
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OnlineAddict replied Jul 25, 2014Me, too. Actually a healthy retrace and rejection would only confirm the downmove. Break above 1.71 would be different and trigger 7250 for me. But for the monthly trend to change, for me, august would need to close as another bearish candle. Then ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 25, 2014If you check the monthly candles, there are many bear candles in the past year...and during each of those, people were saying that "this is it", now the trend will turn. It never did and I see nothing changed since then, UK is still going to raise ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 25, 2014Don't worry bulls, worst case this goes down to 1.30 and gets rejected again.

EURUSD
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OnlineAddict replied Jul 25, 2014There is no important GBP news until friday, so I wouldn't mind if this was ranging between 6950-7050 until then and on friday, which is also the first day of new month, it can break to the upside/downside. Keeping my long open until a 1.7 re-test, ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 25, 2014If not today, then after market open, if it goes to test the bottom one more time. I think the rest of monday will be bullish. But thats just me...
EURUSD
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OnlineAddict replied Jul 25, 2014If you don't believe it, don't trade it. And if you already entered a long, I guess you had a reason, correct? Don't want to be an ass, but if you enter a trade, you should know why and have an exit strategy, if it doesn't work out.
Cable Update (GBPUSD)
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OnlineAddict commented Jul 25, 2014Immigrants are great, but each country decides what kind of immigrants they want. If they want the ones who just take or if they want the ones who build something and make life better for everyone. Its that simple...the countries who support ...
EUR Not A Safe-Haven; GBP Is The New CHF - Morgan Stanley
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OnlineAddict replied Jul 25, 2014If it closes above 1.7, that would be a huge step already, since its been super strong resistance all day. Looks like I was right with the boring range today, but at least bears calmed down. Day didn't close yet, so we have to be patient, anything ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 25, 2014I agree. Closing bad trades is more important than closing good trades. Every entry needs an exit plan, where the trader is ready to give up on the trade and close with a loss for more potential profit in the future.
EURUSD