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DMA Trader replied May 20, 2010Range — there is only ONE thing I like in ranges. To watch business channels commenting on price action. "stocks are going up as markets stabilize" 'stocks lost early gains as EUR is volatile" "Markets are volatile as stocks recoup losses" and ...
EURUSD
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DMA Trader replied May 20, 2010you are in a downtrend. Monthly, weekly, daily, 4h, 1h RISK is taken from the table. look at aud/usd. you see cracks on the future global growth.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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DMA Trader replied May 20, 2010GJ — I think we can see 120 in a few weeks. Even if 130 will act like a huge support. I am not touching any longs until I see 133 taken out. I don't refer to scalping.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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DMA Trader replied May 20, 2010Ranges are the most boring and annoying thing in life I HATE ranges

EURUSD
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DMA Trader replied May 20, 2010I don't think longs are safe. until GJ takes 133. Longs are risky. And we don't like risk this month.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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DMA Trader replied May 19, 2010Can't believe last year they would replace the USD with Amero
freaking marketsEURUSD
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DMA Trader replied May 19, 2010You had a 0.94 for aud/usd you are right about the risk aversion. In my view AUD is trading way to high, but I've been said that for months. 23 million people having a currency almost as strong as USA and at 1.4 with EUR. Based on gold, copper and ...
EURUSD
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DMA Trader replied May 19, 2010I think 0.82 on AUD/USD is common sense. AUD is so overpriced in my view
EURUSD
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DMA Trader replied May 18, 2010AUD broke 0.86. tomorrow will be a very interesting day. If supports all over the map are not defended. well just close your eyes

EURUSD
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DMA Trader replied May 18, 2010aud/usd — Anyone going to short AUD or CAD for a larger time frame ? I don't believe in decoupling thesis (from Europe)
EURUSD