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- thelws replied Mar 7, 2011
Just like they say trend following strategies are useless in a sideways trend, oscillators are useless in a trend. Don't rely on divergence indicators or oscillators when the market is trending strongly. How many failed divergence signals have you ...
EURUSD
- thelws replied Mar 7, 2011
lol im surprised they are still harping about greece. Its so old already...
EURUSD
- thelws replied Mar 7, 2011
lol you are half right. When it reaches a trend line 2 things will happen. 1)People will close off to take profit. If you were long before, you close out now. 2)New people will come in in the opposite direction. People will short here because it is ...
EURUSD
- thelws replied Mar 7, 2011
Where did you hear that? And it doesn't mean anything unless you know where they are located
Everyone knows a retrace is long overdue. We know its coming and we are prepared. But knowing where exactly it'll happen would be best 
EURUSD
- thelws replied Mar 6, 2011
This morning a lot of players in the market eh. Up down up down and all.
EURUSD
- thelws replied Mar 4, 2011
indeed. PA does not agree to a bear mode at the moment. Above 1.4006 we got bulls. Below 1.3987 we got bears.
EURUSD
- thelws replied Mar 4, 2011
Actually you have a point. There isn't any strong bull players either. So we might still be in a bear situation. But from a technical point of view, no speculating institution is going to go bear. Every single indicator and price action indicates an ...
EURUSD
- thelws replied Mar 4, 2011
and until then we can expect it to move up. technically, nobody is going to want to short. no technicals show any signs to short. the biggest reason to short is nfp and it did a measly 60 something pip. and until we see a good sign to short which is ...
EURUSD
- thelws replied Mar 4, 2011
i have a theory. it goes like this: Yesterday all the major players bought EU. Even if today's news was good, it was not good enough to offset an interest raise news. So not many big boys are shorthing this. This is apparent from the lack of a ...
EURUSD
- thelws replied Mar 4, 2011
this bear action doesn't seem very strong... looks like not many people want to short this thing. Looks like we gonna go up again soon.
EURUSD
- thelws replied Mar 4, 2011
I thought the whole idea of a carry trade is to place an order and hold forever. Just like long term investing? Any green pips is a bonus. You make money as long as you are break even? This is the carry trader's mentality no?
EURUSD