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PipTrapper replied Oct 6, 2011Damn!!! — Well it seems we got a bear squeeze today. My sides are hurting
Like AaronWard said, the Euro threw a party in honour of Trichet's departure. No worries though. I am on it.
As mentioned earlier, the pair has retested ...EurAnalysis
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PipTrapper replied Oct 6, 2011Tell me about it. Man, now I have to redraw my charts and set a new sell zone. LOL
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PipTrapper replied Oct 6, 2011The market does not seem to be taking Obama seriously any more because they feel that the Republicans will block anything he tries to do just because it is a Democrat plan. Sad but true.
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PipTrapper replied Oct 6, 2011At this point, if it were going to make any more significant moves, they would be underway already. The market has already absorbed and processed the news. Now we have to wait for NFP tomorrow. In the meantime we may retest today's highs again until ...
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PipTrapper replied Oct 6, 2011I don't know about drtorque's broker, but some brokers do not allow that. You have to send the sl and tp as a different order.
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PipTrapper replied Oct 6, 2011just ask yourself which direction the fundamentals support.
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PipTrapper replied Oct 6, 2011Mr. Market still wants to know what the NFP is before committing to a direction. However, the Euro has dropped about 160 pips from today's highs. That's a good start. ADD: Volume is also very high .
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PipTrapper replied Oct 6, 2011The German DAX30 has still not completed it's upwards wave 5 of the bear flag on the daily chart. A purely technical view that is not supported by any current fundamentals. Of course this is just Germany and does not really reflect Europe. .
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PipTrapper replied Oct 6, 2011Good News / Bad News — Good News / Bad News Good News: Euro heading down. Bad News: My sell limit order at 1.3480 didn't get triggered.

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PipTrapper replied Oct 6, 2011Or if you have CNBC on your television, you will get it live. Sometimes, CNBC cuts him off before the end of the press conference, so Gofer's link will come in handy when that happens and you want to keep listening.
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PipTrapper replied Oct 6, 2011ECB rate unchanged. This is not good for market expectations because it does not signal that ECB is addressing the economic slowdown. Even equity indices are falling. Market is very disappointed. This now puts more pressure on the EZ governments to ...
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PipTrapper replied Oct 6, 2011
Don't be too hard on yourself. I used to say that about my account 
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PipTrapper replied Oct 6, 2011Absolutely you are correct. The down signals are very strong. That is because they match with current sentiment. All I was saying is that sentiment can change during or after Trichet speaks. I am still very bearish. Best of luck and a truckload of ...
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