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Spsantos replied Jan 9, 2009And still not much signs of retracement, this has been a straight downfall. Pretty strong trend, that's what we need

EURUSD
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Spsantos replied Jan 9, 2009Couldn't get in too, that initial spike made me hold back and wait... So I still wait, probably will enter after a retracement of this south movement. Regarding the "why", its very likely that the ADP numbers earlier this week made traders price in ...
EURUSD
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Spsantos replied Jan 9, 2009If I could vouch, i'd vouch for shadow
, consistently giving us clear analysis and pretty much always spot on
This is one of those days where fundamentals and technicals match up. Anticipation to the NFP news, positioning to catch on the ride ...EURUSD
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Spsantos replied Jan 9, 2009pipipiip, Don't rely on other people opinions, for gods sake, watch bernie maddof!
Trade by yourself, NEVER rely on any other to dictate your trading positions, that'll burn you sooner or later. These are EASY times to trade if you don't rush or ...EURUSD
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Spsantos replied Jan 9, 2009You know, i did that on a demo account 3 weeks ago, worked out fine

EURUSD
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Spsantos replied Jan 8, 2009You guys realize that we've seen a spike up, then a spike down, leaving us pretty much in the same place, except for the fact that in fact higher lows are being made and also lower highs, right!? So, nothing really happened, unless you were on that ...
EURUSD
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Spsantos replied Jan 8, 2009That was a rethorical question...
The situation is, whatever happens during asia and earlier London, may dramaticly change on NFP news. This whole asian session before important news can't give any real direction, it could be either a setup for a ...EURUSD
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Spsantos replied Jan 8, 2009Ticker, a few minutes more and you'd get a bit more pips

But of course, better have them in the pocket then flying away. I don't think this will reach my target of 1.3792, i'm thinking in bailing out soon too, dinner time over here (almost ...EURUSD
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Spsantos replied Jan 8, 2009That was, just like yesterday, a 50% fib retracement of the whole movement up today. So I entered long @1.3675 tp @ R1 (1.3792) but i'll be watching this one maybe i'll need to pull the plug before NY closes.
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Spsantos replied Jan 8, 2009Yup, regarding current situation, it certainly doesn't look like it's going to rise more, but we'll have to wait for volume to come up in the meantime, also at the moment Obama is speaking (CNBC & Bloomberg). Watching on the sidelines, with the ...
EURUSD
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Spsantos replied Jan 8, 2009Those bulls are dumb aren't they?!
Don't get me wrong, I was a bull yesterday and today, and a bear on Monday and Tuesday... Bottom line is, if you aren't able to go with the flow, up or down, you can only trade in one direction, and ...EURUSD
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Spsantos replied Jan 8, 2009EGG ZATCLY
"An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights"EURUSD
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Spsantos replied Jan 7, 2009It's very likely, as usuall its best to watch how London will open and see the trend from there, then at news time, wait for the reactions if any

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Spsantos replied Jan 7, 2009Gofer pips, you have one shoulder and a bit more than half a head
, for the complete pattern to form, it should take around 12 hours... so it's obviously too soon and a waste of time to go there, since the daily trend is still up, and tomorrow ...EURUSD
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Spsantos replied Jan 7, 2009Pull up a fib from todays up move since 8 am GMT, in my charts 50% is right on 1.3604 and we just hit that... Now, was that a retrace and shall the move up resume?!
Or will it bounce back down to the DP @ 1.3489?
I'm long, but don't ...EURUSD
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Spsantos replied Jan 7, 2009If news are worse than expected, bad for currency. But it's best to wait for the reaction, with so many bad data over the last months, more bad data doesn't mean that much of a spike... everyone is already expecting it...

EURUSD