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Joined Jan 2007
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Status: Feed The Piggy With Pips!
|1103 Comments
hahaha...Bernanke couldn't say it himself the other day so he has his minions come out and say it! We all know the Fed doesn't want a strong US dollar! hahaha
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Joined Jan 2007
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Status: Feed The Piggy With Pips!
|1103 Comments
Well, it's definitely manipulation...BUT, the charts predicted it! We've had higher highs and higher lows on the e/u 1hr chart since last week! I don't think you'll see e/u below 1.2800 again this week(but in the slight chance it does...I highly doubt it goes below 1.2780)!
Beside the price action...there is too much hopium in the market for the Greece deal on monday and a deal for fixing the fiscal cliff!
Well, it's definitely manipulation...BUT, the charts predicted it! We've had higher highs and higher lows on the e/u 1hr chart since last week! I don't think you'll see e/u below 1.2800 again this week(but in the slight chance it does...I highly doubt it goes below 1.2780)!
Beside the price action...there is too much hopium in the market for the Greece deal on monday and a deal for fixing the fiscal cliff!
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Early to bed, early to rise, keeps you healthy, wealthy and wise.
closed daily above 1.2720 - for me that up move was and is normal
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Combine that daily close with the fact that the Euro couldn't even come close to 1.2700...even though last week e/u dipped down to 1.2660. Just higher lows and higher highs...that's called an uptrend. Unless you're an experienced/advanced trader...I'm not sure why people would be shorting the euro at the point.
Combine that daily close with the fact that the Euro couldn't even come close to 1.2700...even though last week e/u dipped down to 1.2660. Just higher lows and higher highs...that's called an uptrend. Unless you're an experienced/advanced trader...I'm not sure why people would be shorting the euro at the point.
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I'm sure people will be shorting eur/usd from 1.288 tmr.
Combine that daily close with the fact that the Euro couldn't even come close to 1.2700...even though last week e/u dipped down to 1.2660. Just higher lows and higher highs...that's called an uptrend. Unless you're an experienced/advanced trader...I'm not sure why people would be shorting the euro at the point.
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I am just telling this this move was some sick play to publish a baseless news without any logic on a good website which is not anymore good to me as they are totally biased...
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Joined Apr 2010
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Status: Full-time trader
|76 Comments
i took a long position immediately after daily candle close, that candle talks and says go long.
But unfortunately i closed it soon at 1.2850, now waiting for buy this pair again in lower prices if retraces.
i took a long position immediately after daily candle close, that candle talks and says go long.
But unfortunately i closed it soon at 1.2850, now waiting for buy this pair again in lower prices if retraces.
thank you, i always follow your comments and ideas.
I'm completely agree with you about EU 's upward move. Higher highs/low, it's a up move. and another reason that beautiful daily candle, speaks and tell buy me. no need news
there are about 5 difference scenerios I can come with regarding euro news in tonights London session....but I'll just have to wait and see which one sets up.
thank you, i always follow your comments and ideas.
I'm completely agree with you about EU 's upward move. Higher highs/low, it's a up move. and another reason that beautiful daily candle, speaks and tell buy me. no need news
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I always try to post the safest direction to trade on here since many traders are new. I understand the more advanced traders can trade both ways or counter-trend trade...but if I just post the safest direction to enter(which is just in my opinion) then hopefully it helps someone out!
Hey twOeleven, Couldn't agree more. PA predicted that move down on the 1 min. & 5 min. chts. Hope u got a piece of it. Very simple support and resistance lines told the story.
Hey twOeleven, Couldn't agree more. PA predicted that move down on the 1 min. & 5 min. chts. Hope u got a piece of it. Very simple support and resistance lines told the story.
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Move down? I was actually just watching...I was looking for a pullback to 1.2800 in order to go long...but price stayed up at 1.2820(I don't like buying the highs). So I missed this move up in my account...but still great to watch and learn.
I always try to post the safest direction to trade on here since many traders are new. I understand the more advanced traders can trade both ways or counter-trend trade...but if I just post the safest direction to enter(which is just in my opinion) then hopefully it helps someone out!
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Sure u'll help a lot matey, differ of view help us to filtering news and technical outlook.
Hey twOeleven, Couldn't agree more. PA predicted that move down on the 1 min. & 5 min. chts. Hope u got a piece of it. Very simple support and resistance lines told the story.
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Move down? !!!
M1 & M5 ? !!!
change your tf to daily, now take a look to yestardays candle, it says: plz buy me
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Membership Revoked
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Joined Aug 2012
|260 Comments
Its so nice waking up in the middle of the night hearing happy alarms from your mt4 singing "wake up dad, u banked!" hahaha thanks alot mr Williams! Lets see what she'll do at 2890/95 now. Very very interesting!
I always try to post the safest direction to trade on here since many traders are new. I understand the more advanced traders can trade both ways or counter-trend trade...but if I just post the safest direction to enter(which is just in my opinion) then hopefully it helps someone out!
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Tw0eleven what you think about target of this up move?
we have 1.2875 and 1.29 (50% fib) in the way, can they stand against this bullish move?
i wanna know what you think about target.
now i don't have any trades and looking to buy this pair in lower prices, and i don't think it can reach 1.28 again this week. what you think?
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Joined Jan 2007
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Status: Feed The Piggy With Pips!
|1103 Comments
Signing off for the night, should be back for London. Trade Smart! Final thought, it still may or may not pullback to 1.2800-20 area...it's unclear at this point in time so I'm just staying out of the market.
Tw0eleven what you think about target of this up move?
we have 1.2875 and 1.29 (50% fib) in the way, can they stand against this bullish move?
i wanna know what you think about target.
now i don't have any trades and looking to buy this pair in lower prices, and i don't think it can reach 1.28 again this week. what you think?
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I can see 1.2900 fairly easy as it already broke through 1.2850. With thin market conditions 1.2950 and 1.3000 could be possible(normal daily range is about 100pips on e/u...so 1.2850 +100 = 1.2950....but today e/u went up 132pips...so if it does that again tonight/tomorrow...that puts it pretty close to 1.3000).
I can see 1.2900 fairly easy as it already broke through 1.2850. With thin market conditions 1.2950 and 1.3000 could be possible(normal daily range is about 100pips on e/u...so 1.2850 +100 = 1.2950....but today e/u went up 132pips...so if it does that again tonight/tomorrow...that puts it pretty close to 1.3000).
Hope that helps!
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thanks alot, your thoughts always help.
see you mate, good night
Joined Jun 2009
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Status: A slave to the tape
|112 Comments
hahah! sure they can buy the whole market.....doesnt mean it will create growth. The fed is a complete joke now. The US is Japan, entering a liquidity trap, it is very obvious. Say hello to your brand new US ZOMBIE BANKS!
If you read the article attached it doesn't say anything New. Feds are buying about 85 billion per month50% on MBs and 50% on long term treasuries. QE 3 and operation twist is a known program. Everyone got excited because he said Nowhere near it limit. The federal reserve is buying MBA out of thin air . The long term effects will be deflation. Noooooot. Actually inflation. I wonder how many treasuries were bought last month?did the Feds buy all long term treasuries last month.
If you read the article attached it doesn't say anything New. Feds are buying about 85 billion per month50% on MBs and 50% on long term treasuries. QE 3 and operation twist is a known program. Everyone got excited because he said Nowhere near it limit. The federal reserve is buying MBA out of thin air . The long term effects will be deflation. Noooooot. Actually inflation. I wonder how many treasuries were bought last month?did the Feds buy all long term...
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no one entity can control i rates in the long term
Well, it's definitely manipulation...BUT, the charts predicted it! We've had higher highs and higher lows on the e/u 1hr chart since last week! I don't think you'll see e/u below 1.2800 again this week(but in the slight chance it does...I highly doubt it goes below 1.2780)!
Beside the price action...there is too much hopium in the market for the Greece deal on monday and a deal for fixing the fiscal cliff!
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There is indeed only one way from now until Monday evening. Can't be any different.