EUR/USD extends slide | Forex Factory

  • EUR/USD extends slide

    From forexlive.com

    Stops gone off through 1.3220 and we’ve been down as low as 1.3211. Those clever old sticks at the Reserve Bank of India nailed it When I first returned to this forex game just over three years ago they were sharp as razors, although recently I’ve noticed they’re a little more hit and miss as an indicator. But not today…. Buy orders now layered 1.3200 down to 1.3180, more sell stops below there.

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Tw0eleven
Apr 30, 2012 2:04pm
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Looks like the US traders strike again...London sold off on e/u. And the US traders have bought it back up( 7 out of the last 8 hourly candles are bullish)!!!
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Tw0eleven
Apr 30, 2012 3:51pm
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What a HUGE slide today! hahaha EU is right back where it started the day at...just under a 60pip range for the day!
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baghels
Apr 30, 2012 5:36am
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buy should be best at 1.3180
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baghels
Apr 30, 2012 5:37am
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Or it will bounce back from here 1.3210
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shogun12
Apr 30, 2012 5:38am
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Quoting Tequillo
talking about the dog! 50 pipes down on the Eur/Usd, is this an anticipation of the results of the French BTF Bills at 13:00 CET or what?!!!
They sell now to have money for buy later. Trend is Up
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jaygee
Apr 30, 2012 5:54am
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Notice for the most part bears have quieted considerably and bulls have gotten a bit more vocal? Time to get short imo. First fib 3188 still short here. Not a great avg but should pay off quite well. Slightly oversold in the mid range TF's but surprisingly did not oversell in the short term TF's. Slow consistent sell off. Lost 60m dtl it has been hanging on to. Never closed above 3259 on 60m. Wicks. Let's see how hard bulls work at keeping this up. How big of a hole will they dig? Especially on the 830 numbers and US open.
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Tequillo
Apr 30, 2012 5:27am
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talking about the dog! 50 pipes down on the Eur/Usd, is this an anticipation of the results of the French BTF Bills at 13:00 CET or what?!!!
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jaygee
Apr 30, 2012 7:35am
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has not closed below the 15 minute 50 fib yet.
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Trader#45E5
Apr 30, 2012 3:51pm
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Quoting Tw0eleven
Looks like the US traders strike again...London sold off on e/u. And the US traders have bought it back up( 7 out of the last 8 hourly candles are bullish)!!!
Its been the story for last couple of weeks or so, except there have been little more buying than selling.
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Trader#0045
Apr 30, 2012 6:02am
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range bound
3212 Fibonacci
3223 SMA
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Trader#0045
Apr 30, 2012 6:08am
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no lower lows/higher higher highs in London
bottom in NY 3203
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Trader#676F
Apr 30, 2012 5:00pm
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today it is happened correction..nothing else
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